Member Info for Pinecone54

With thanks to “ the skipper” over on Adfvn for spotting this article on First Uranium!

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/3096-cse/urnm/130795-first-uranium-announces-results-of-drilling-and-trading-on-otcqb.html

We get a token nod to our business at the end!

Who knows what end game they are playing !

PC

Lithium results out next week!
Looks like Dave wants to add extra areas of Lithium interest to next year’s potential offload! ( as per latest Calidus video presentation!)

But before we get carried away, must settle current hiccups!

PC

Well we’ve over produced!

Great !
Now………..let’s get it sold over the winter and plan for double next year!

It would be interesting to see how the cost curve is coming down as prices remain strong in the current climate!

PC

Always amazes me that they don’t bother to even spell check a tweet!
Still at least we do know, it’s our product, they are mining!

PC

Well if your output doesn’t agree with your estimates and your hit with two bout’s of Covid then your likely to upset the market!

But having said that it’s too soon to be trashing a share like that; give it a few months of a good production run on full, plus extra experienced, staff and see what a difference to the outlook makes!

PC

Yes……good set, considering what’s gone on with the non partnership issues!
However, can someone good with figures check these basic calculations, based on what we are reading!

All by the tonne:

Sales £147-£184
Cost £72-£90
Profit £75 - £94

Based on £108,000 profit / £75 margin = 1440 tonnes

Sales £212,000 / 1440 tonnes =£147 per tonne

Costs £104,000 / 1440 tonnes = £72 per tonne ( seems too low !)

Any thoughts welcome to get this spreadsheet up to date!

PC

With thanks to “ the chairman elect” over on Advfn. Cannot find a link so just copied!

Diamond Creek organic phosphate mine should generate >150% margin as sales rise Keras Resources report the creation of a new corporate website at www.kerasplc.com and an updated investor presentation at hxxps://kerasplc.com/presentations/. Guidance: management expect to sell 7,500-8,000 tons of phosphate product from 1 September 2022 to June 2023 at an all-in sustaining cost (AISC) margin of between US$80 and US$100 per ton. Organic rock phosphate is used as a soil conditioner providing phosphorous for flowering plants and is sold to gardeners for US$10/kg in the US Keras is selling to wholesalers and blenders, and we estimate should receive around $250/t on its rock phosphate by our reckoning This implies a revenue of US$1.9-2m on the above guidance. Operating costs are expected to be US$0.6-0.8m. Operating profits should be US$1.125-1.36m. Conclusion: Keras is earning good money from Diamond Creek with the potential to add substantially to sales through increasing tonnages and through the sale of higher value products. While Keras is not currently selling $2kg tubs at $20 a pot the sale of such products indicates further potential for value-added sales *SP Angel acts as nomad and broker to Keras Resource
Bit of political licence used here! Whilst sales numbers are correct they are using the 5 year plan no for the operating costs at around $92.

PC

Not sure if it was covered in detail during the presentation, but talking to Graham the retail element, I thought would be small bags of the product!
On the contrary, if someone like Walmart or even Amazon were to get onboard, they would expect a full range including ton bags!
But like most retailers they would be specific in there requirements, even so, products could be shipped directly from our production facilities!

Food for future thought!

Hope the new salesman is on the ball!

PC

Just spoken about this subject with Graham after the presentation, he is mindful to clarify this with John Meyer when we can look forward to an update from John shortly!.

PC

Well…….only a few minutes left for a flash of news!!
Let’s just hope tomorrow IS a new beginning!
We don’t ask for much!
Perhaps now a change of image to boot!
Give us a resolution to Togo or at least a sign !
More images of our DC success, along with details of future pipeline opportunities!

Here’s hoping!

See you there!

PC

I think a result……….one way or tuther………on Togo will be the only news to give this a real boost, not holding my breath, for a definitive on this coming Tuesday!

Sad news indeed…..rest in peace EiiR !

PC

Cannot see us being able to move 61,000 (25lb handy bags) per month!
More than likely it’s a 80-20 split in favour of the metric ton quantity, that makes up the 700!
Still will hopefully find out more next Tuesday!

PC

Battery Storage discussed today in Parliament under the ten minute rule bill!

Lithium-ion not coming out too well on thermal runaway!

Shame the Redox process not being an option within the statement!

At least the bill has passed!

To be discussed in parliament next march!

PC

New “Logo” background ?

PC

Great news…….. as we all predicted………. hoped!
The product is in the right place at the right time!
Now…….get the long term customers on board and look after them….. serve them well and make good money at the same time!

PC

It’s going to be really interesting to see how well we have done, with cost of sales and the actual sales!

If anyone wants to double check my figures please feel free!

Now if we could “sell” the 6k as alluded to in the august rns, then assume our production costs are in line with the Shard prediction of $168/t for year two!

Add on 20% sales price uplift due to ongoing situation so, $312/t this will give us a profit of £750k!

Not huge in the scheme of things but not bad for a start!

PC

I can almost feel JimBl’s thoughts on this subject at boiling point,ready to be released to the forum!

PC

Thinking aloud……..if we are hoping for an influx of new investors, to miraculously appear at the presentation in London, where do they get the necessary info to even make the decision to attend?
Existing holders will be going to question the status quo and hope for the future!
But haven’t seen any recent media or news event from Keras that would even entice the most positive investor to take the trip, in this current environment?

PC

Tricky……… Rip, generalising on that set of figures, as many been here for years, with a very varied cost base!
However, correct in reporting our success with Calidus ( 1 Cai for each 3.45 Keras held) !
Next…….. split for Cai into a Lithium play!

PC

Me thinks….. we are getting a little ahead of ourselves here!

The meeting can be viewed live, the presentation itself, will be released “before” being presented, so nothing that could be construed as newsworthy can be in it!

The only other issue of note within the presentation!
“It will also provide an overview of plans for the business going forward.”
(overview of plans)

Not being negative, but realistic, after all these years of waiting, we should possibly tone down our expectations!

PC