Member Info for MontyUK

Jim, I personally share some of your concerns. I do feel that a well constructed email to Russell simply asking outright his and the board’s position regarding these findings is neither unreasonable, nor something they can avoid answering. They are accountable to shareholders after all. Simply put, they would either have to, ignore, agree or state it was an obsolete concern would they not?

Thoughts?

Interesting and informative. Thanks.

I only went to one investor event, in Walsall about four years ago... had a beer with a few, and curry from memory which actually was t half bad. If this goes well, that’s the mortgage gone, and CAI on top. All in all us LTH can buy each other beers all night long, and also get Oily along! Here’s hoping!

Or not going to happen? What’s the mood in this LSE camp?

What’s a reasonable PE ratio for KRS... no debt, the odd bit on the balance sheet, projected profits of $5m pa and very decent revenue.... surely this should smash past 1p in the next six months?!

Let’s be honest, as the minister for mines, you would refuse a photo if you felt things were going badly as it would be damaging. It’s a good sign in my mind, though not necessarily indicative in anyway of timescales.

Jet lag...? It’s the same time zone?! Try flying to LA straight into meetings :-). I would expect them straight to business.

The last two days of CAI trading has added more value than my entire current KRS holding that got CAI. Unbelievable really!

To be clear, I am expecting production to take place within a few days of license award, unless there are clear remedial activities to take place, i.e. COVID-19 restrictions.

What was the outcome of the decision. When was the cut off for matching shares eventually confirmed?

On LinkedIn and directly connected to Dave Reeves. Better information on him on LinkedIn.

Interested in thoughts about the target joint project valuation of 0.38 per share. Honestly expected higher... any thoughts or insights?

Heads up - my transfer from Halifax to IG has taken from 27th May and completed today. You can’t trade during the transfer, or at least most of that window, so it’s a real pain in the arse until it lands.

Russell is probably in the bar in Togo with a whisky celebrating a productive day with a mining minister.... here’s hoping!

I can’t remember the exact wording, but the RNS still refers to agreeing a path to production or similar. At one point I thought we would be mining the same day we got it signed!

Thanks. So confirmed to be the same. I had missed the bit about the fact it had previously been granted, but expired in 2014. Interestingly, the first application in 2011 was approved in a very short timeframe, as a matter of months.

Is Borgou the same as Nayega? Looking at the Togo list of mining grants it appears the same... shows SGM as having been granted an application back in 2011, but expired in 2014. Kind of makes sense, but I can’t joint the dots?

Interesting Togo fact from the BBC website ...” Togo is one of the world's top five producers of phosphates, which are used in fertilisers”.

SBK - I transferred CAI from Halifax to IG. I can trade CAI, and it moved the ISA. Only problem is it's all or nothing on the ISA move.

Been here since the MCAP was around the value of a semi-detached house in East London!