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My top up is showing a sell....
Especially when I remember this From 6th November 2019
Following the announcement on 21 October, Keras Resources plc, the AIM listed mineral resource company, wishes to update shareholders on progress relating to its 85% owned subsidiary Société Générale de Mines ('SGM'), which currently holds an exploration permit over the Nayega Manganese ('Mn') Project ('Nayega', or the 'Project') in Northern Togo.
The Council of Ministers ('CoM') of the Republic of Togo convened on the 18th October where a decree was adopted and published granting a license for large-scale exploitation of the manganese deposit at Nayega to SGM. Keras and SGM have subsequently met with the Togolese Ministry of Mines and are pleased to announce that the ancillary documentation related to the Exploitation Permit is expected to be concluded by year end allowing commercial production to commence in the first quarter of 2020.
But one of these days we might be allowed to mine.... happy to hold and wait....
Gla
Can’t blame the company for issuing shares as their SP has performed spectacularly of late... probably get back to yesterday’s closing price at some point today. The company is in a much stronger position today than yesterday....imho of course....
Gla
Best piece of news in a while..... should be good for the SP.... maybe 20p before final news and 30p post the initial first sale, thereafter who knows but I’m guessing much higher than 30p a share...
Gla
Ps think we got lucky here......
Got to be one of their best announcements in a while and I fully expect the SP to climb again, but why o why announcement at 12:30 on a Friday? Those city boys and girls will be popping their second bottle of bubbly by now..... if only.
Gla - looks like this is going to happen..... good for us and good for Pakistan.....
Bit strange really but essentially I think the company did the right thing to make this announcement. There is always uncertainty but I’m holding on to my shares as for me there is definitely a big upside. Only wished I’d bought more in the 0.4 range.
Gla.