Member Info for pablo2

That idea for CAI holders is pretty clever I think. If they say sold 290,698 CAI shares now they'd generate AUD 7,848 or £4,308.

With that they could buy 1,013,647 KRS shares

But just 1,000,000 KRS shares would give them 290,698 CAI shares, so they'd actually get more CAI shares than they started with in the first place AND they'd have 1,013,647 KRS shares !!!!!!!!

Strange but possibly true if the CAI share price holds up

They have secure messaged about voting on the Demerger - I've voted FOR all resolutions.

It's a nonsense about CAI shares being tradeable and listed in London. You have to trade them on the Asx which hopefully your broker will facilitate.

Markyess - think you've definitely got a lot of the confusion sorted there. Yes, we'll all own CAI Asx shares and there has to be a cost price so that the capital gain can be worked out when we eventually sell. So this is being worked out by a formula which is simply saying what we've paid out is now distributed between the two holdings, KRS and CAI.
With regards, extra value coming our way, there certainly will be when we own CAI shares that we currently have not been given. The sp of KRS will go down overnight considerably when they go ex-entitlement on the night of Nov 19/Nov 20 but not by the whole value we'll be receiving. Togo obviously needs to come in to make KRS shares valuable as their own entity but the prospect of the license and the successful Manganese bulk sample give a certain value. Personally, with no further news before Nov 19, I'd say there could be a 30% - 50% fall overnight in the KRS sp which only the license grant will restore.

With regards DR building up his KRS holding - fantastic, the more skin in the game our bosses have the more confident we must be.

With regards CAI being listed soon in London, I see no evidence and would certainly think this would be a needless expense for Calidus. My broker, AJBell, can allow me to hold CAI and will deal on the Asx when I require.

That’s a good profit, well done. Definitely worth taking some along the road

Still got over 90% of mine riding.

Last week for Martin A’s waiver. Will he/won’t he take the full 4m ?

Plenty of Selling today that has severely limited the rise. Pi's presumably selling now as they have just over 7 weeks to the cut-off date to Buy back. I reckon the sp will reverse for a few weeks until we build up to Nov 19th. Be interesting to see where the low is in the range during those 7 weeks, I suppose not much below today's price which is an advertised false spread with the Ask clearly around 0.46p

Anyway, looking good for KRS holders - guaranteed payout now and every chance that CAI will rise again shortly or get Sold!
Worth Buying more iKRS n the next 7 weeks if one has cash as it seems a very cheap Bet on Togo coming good with a lot of upside to CAI and virtually no downside imo

When ‘proper’ shares go ex-divi, their sp goes down overnight by this amount. Similar will happen to us on Nov 19th overnight but by how much? Got to be a serious percentage at the moment and only if Togo gets the green light will it be limited.

Anyway, I won’t be trying to sell KRS or CAI instantly, the former when they go ‘Ex’, the latter when the shares do eventually get credited to my account. Better to wait as any rush for the door will not give the best prices

Reckon those sentences on 'Dividend payments' are throw-away meaningless, standard comments that are so far off in the future to not be worth considering.

On Wednesday Nov 20th everyone can Sell their KRS shares and still qualify for the CAI distribution. However, before 8 am opening the mm's aren't daft, they will mark KRS Down sharply before Open as they have basically gone 'EX'. So, overnight the shares will tumble a minimum of 25%, maybe 50%, if we're still in this No Togo situation.

Well it seems no-one disagrees with my figures so perhaps they're right.

If purchases can still be made @ 0.43p that makes the equation considerably better because I said the cost of 1m shares was £5000, should be £4300, so one would get 1m shares in KRS for MINUS £175 as the CAI shares are currently worth £4475

I published the correct figures for the distribution in January, verified by Dave Reeves, but here goes again :

723,750,000 CAI shares coming our way on positive PFS
2289m KRS shares exist (NOW 2491m !)

So dividing up, one needs 3.1627 KRS shares to merit 1 CAI share (NOW 3.4429 for each CAI)

So 1m KRS shares gets one 316,186 CAI shares (NOW 290,453)

Curent costs and values : 1m KRS costs about £3,800 (NOW £5000 !)
316,186 CAI are worth about AUD7905 = £4,300 (NOW 290,453 are worth AUD 8133 = £4475 !)

So, in January, it would have cost £1200 less but the CAI are now worth £175 more - so the sum has changed a bit mainly because more KRS shares exist and our share price is considerably higher. So, buying now, if all things stay the same until distribution, a £5000 KRS investment gets back £4475 worth of CAI shares and you get to keep the TOGO dream alive. Not as good a deal as January but still a good deal.

There we have it in black and white, reckon our sp will go up on that declaration. Gives Tom, Dick and Harry bags of time to Buy in here

Watch out genius at work !

Doesn't seem to me to be quite the best time to be selling, must be personal reasons I suppose

Hopefully it'll be worth it when it arrives, anyone holding their breath since 2015 is now dead - lol

Dave is for the small holder and has a lot of empathy for our situation. He has conversed with me several times by email but lately, understandably, only on CAI matters. He's now a non-executive director for KRS and so is rightly passing the reins to Russell. Russell is in charge of disseminating any and all information to shareholders on KRS as he can and as he is allowed to.

Dave, smashing bloke, the man to bring CAI forwards. Don't expect him to discuss KRS licensing.

Got another £1k worth of KRS today so I'm now feel ready for the cut-off date but think it's a while yet and we'll hear of the court cases for capital reduction first.

Yes I did, thanks. I sold 9,487 @ 34p from my Dealing a/c and closed my long CFD of 6,000 too at 34.1p

Excellent bit of patience from me and I've still got a massive(for me) holding in my ISA.

Shakhtar, you are so kind doing all this work for everyone with all your wonderful figures showing what mad fools we are. Why don't you leave us to our madness, we're quite happy. The mgmt are doing a great job and all this dilution you're talking about has not been happening willy nilly through the years at all. Today's issue of shares was all forecast and documented in the Re-admission to Aim document published last December.

"This Incentive Plan, which remunerates with locked-in shares and options rather than cash bonuses for top management, means the team are rewarded when all our shareholders are" Further "The senior managers of the Company that will participate in the new incentive scheme will not be entitled to cash bonuses during the three year vesting period. "

Chaarat moving on from strength to strength and the market seems to agree

But what a terrible price, 10p a 9.5% premium.

Looks to be all stitched up, mgmt and major shareholders approvals. After all this time, they're giving away the company and have the gall to suggest we should be grateful - disgusting.

I see we've got some traders amongst us! Good luck but not sure it's wise to go 'all out' to think about getting back later. If, big IF, Martin A. decides to go all the way with his 4m waiver, he needs to Buy 252,729 daily on average for the 13 trading days up to 5pm Fri Oct 4th !

Good old Martin.

Think it's very critical of some folks to say he's just propping up the price, I think it's fantastic. To have the chairman, and indeed the BoD, with so much skin in the game is the greatest security we can have.

Gives me every confidence that our debt will be serviceable and the project(s) will all come to fruition

Don’t like comments that if it weren’t for Martin we’d be useless. He’s gradually taken his anonymous holding (Wilsher Fasanara) to become Chairman and the linchpin of the company, built the Board and team and we’re really moving now, the dark Dekel days are well behind us.

Just thinking in a lot of Aim companies the Board often have a fair slice but usually they took them at company start-up at next to nothing. Not the case with our Martin, I would reckon his average might be over 20p.

Looking good

Nice of Piri to confirm we've still got a decent holding. 12th August we stated : 'owns 847,250 shares in Eco'. Hopefully, we ain't sold many more yet but surprised today's Eco announcement didn't trigger much of a sustained rise. Obviously a lot of profit takers, perhaps we are amongst them for some of our holding.