Member Info for Positivevibes

Fantastic interview from Keith.

Highly recommended for all new investors looking in.

Stone cold sentiment, with fantastic fundermentals.

Worst BB in the world lol, the market will believe it when it see it. When TK financial close happens and we recieve the final commitment in September. 100mil mcap 5p will look tiny.

https://www.marketwatch.com/story/goldman-sachs-now-expects-gold-to-reach-2300-an-ounce-2020-07-28

The strong levels of interest we have received from no less than 14 parties keen to provide project level financing to support the construction and development of the Blyvoor Project is a clear indication of its value potential.



"Whilst we have always been comfortable alongside our JV partners with regard to our ongoing partnership, we recognized that many investors wanted some clarity as to Katoro's exclusivity position after the expiry of the June 2020 project level funding deadline caused principally by Covid-19 disruption and the extensive interest from third parties. In response we have agreed a formal extension to 30 September 2020 which we trust will address concerns investors may have with the security of our position in the Blyvoor JV.



"Our primary responsibility remains to ensure we identify the best possible partner(s) and funding option(s) that will best support and realize our JV goal of delivering significant near-term revenue generation within a very aggressive timeline."

Sorry about that lol. On or before the 30th of September

London South East
Share PricesKatoro Gold Share PriceKatoro Gold Regulatory NewsBlyvoor Gold Tailings Project: Funding Update
Pin to quick picksKatoro Gold Regulatory News (KAT)
KAT Share Price
KAT Share
Price
KAT Share News
KAT Share
News
KAT Share Chat
KAT Share
Chat
25
KAT Share Trades
KAT Share
Trades
64
KAT Live RNS
KAT
Live RNS
1
KAT Information Buy KAT SharesBuy KAT SharesAdd KAT to WatchlistAdd KAT to WatchlistAdd KAT to AlertAdd KAT to AlertAdd KAT to myTerminalAdd KAT to myTerminal
Share Price Information for Katoro Gold (KAT)
London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price:
2.20
Bid:
2.10
Ask:
2.30
Change:
-0.25 (-10.20%)
Spread: 0.20 (9.52%)Open: 2.45High: 2.55Low: 2.15Yest. Close: 2.45
KAT Live PriceLast checked at 16:33:36

Blyvoor Gold Tailings Project: Funding Update
Tue, 21st Jul 2020 12:45

RNS Number : 6513T
Katoro Gold PLC
21 July 2020

Katoro Gold plc (Incorporated in England and Wales)

(Registration Number: 9306219)

Share code on AIM: KAT

ISIN: GB00BSNBL022

("Katoro" or "the Company")





21 July 2020



Katoro Gold plc ('Katoro' or the 'Company')



BLYVOOR GOLD TAILINGS PROJECT: PROJECT FUNDING UPDATE



Katoro Gold plc (AIM: KAT), the AIM listed gold and nickel exploration and development company, is pleased to announce an update with regard to the Company's Blyvoor Joint Venture (the 'JV') in respect of the Blyvoor gold tailings project (the 'Project').

Following a significant increase in interest from possible funders and an extensive site visit by the JV-management and technical team, the Company is pleased to announce that the JV partners have agreed a strategy and associated deadlines for securing Project financing. Katoro will look to complete the Project Financing on or before 30 September 2020, which will be sufficient to fund the construction and commissioning of a Beneficiation Plant and auxiliary operations.

With this revised timeframe the JV Partners believe there is sufficient time to duly entertain and properly consider preferred funding options/proposals from the potential funders they have received interest from and are in dialogue with, so as to secure the best possible financing option. The impact of COVID-19 however remains a harsh reality and it will continue to influence the pace and manner in which we can meet agreed deadlines.

Louis Coetzee, Executive Chairman of Katoro, said:

"The strong levels of interest we have received from no less than 14 parties keen to provide project level financing to support the construction and development of the Blyvoor Project is a clear indication of its value potential.



"Whilst we have always been comfortable alongside our JV partners with regard to our ongoing partnership, we recognized that many investors wanted some clarity as to Katoro's exclusivity position after the expiry of the June 2020 project level funding deadli

Tulu Kapi gold production is forecast to be 140,000 ounces per annum at an All-in Sustaining Cost of c. US$800-900 per ounce over the initial seven years of mining the open pit. Based on the current Tulu Kapi Mineral Resource, there is further potential for an underground mine to add additional gold production of c. 50,000 ounces per annum. The orebody remains open at depth and KEFI also has a portfolio of identified gold exploration targets in the Tulu Kapi district. We have previously reported the potential for 3 million ounces around Tulu Kapi.

From last week's AMG statement

Holding above 2p and still cheap. Hopefully someone else other than Simms will write something informative for investors looking in. We've had months of being bombarded with b's that everyone's taking to the silent loading up. Monster here for anyone who reads the RNSs.

Never been in a worse BB in my life, in a stock with such strong foundations and fundermentals.

Holding for the news shortly that everyone knows invested knows is coming. Especially the ones tenacious deramping it for months 7 days a week.

The gold deal is the big one. Under 6 weeks away.

14 bidders
1.3 million onces of gold
30-35milliol deal

Holding for double digits once concludes

Guessing they didn't tell you then?

Easy money for the patient. Soon we're be supporting in the 20s. Does anyone know how long until recieve drilling results? Proving and moving forward what we already know is massive.

https://www.lse.co.uk/rns/EMH/cez-investment-in-cinovec-project-completed-j4z50hoefr2qwnt.html

The most important RNS for new investors looking in. Cinovec, the biggest is litium mine in the EU and 4th biggest in the world is 51% owned by a 10 billion major, 49% EMH

Aggreko signed an £80m contact extension for energy provision in Cote D’Ivoire
Airbus sold £80m of aircraft in Egypt
Anglo-Tunisian Oil and Gas invest £26m in Tunisian gas assets.
Aqua Africa win £26m export contract to supply solar powered water filtration systems in Ghana.
Baker Hughes £306m export and investment of deep-sea equipment and scholarships in Mozambique
BHM £80.3m work on the Tema-Aflao Road Project in Ghana.
Bombardier’s £3,180m construction and operation of 2 monorail lines in Cairo.
Contracta Construction UK win £120.5m export contract to upgrade Kumasi teaching hospital in Ghana.
Contracta Construction UK win £40m export contract to develop Kumasi airport in Ghana.
Diageo invest £167m to improved sustainability of breweries in Kenya & East Africa.
Globeleq invest £50m to help build Malindi photovoltaic solar park in Kenya.
GSK invest £5m in Egypt to upgrade two production lines.
Kefi Minerals invest £224m in a new gold mine and to develop local infrastructure in Ethiopia.

I found this interesting, on the UK gov website

The 224 mil financial close.

KEFI remains focused on the preparations and subsequent completion of the outlined finance milestones to ensure the closing of full Project funding in October 2020 and for gold production to commence in 2022, in line with recent guidance. This month we focus on finalisation of the detailed terms sheets with the preferred provider of subordinated debt/offtake-linked finance, likewise for the Project equity.

The remaining 110

Says this month but the last two interviews have said September. Not long in anycase

https://twitter.com/KatoroGoldplc?s=09

Would katoro be posting this 5 weeks out if the deal wasn't happening?

Double digits would be 35milmca
The deal is 30-35 mil between 14 bidders
1.3 million onces

It's hard to tell, they will both come around the same time, but full close is obviously October. Still sub 40milmcap and breaking 2p

Hi nigel. Thank you for sharing. Could you please post the full link? Pvs

We so cheap because hardly anyone posts anything well informing to investors looking in, and the board has looked like a like.of s for months. Iv been making the most of the cheap prices. When news comes it will drive this and the herd will arrive.

Stone cold sentiment, screaming fundermental. Gold and copper have both been going up.

Expected average copper equivalent grade of c. 2% copper, representing c. 400,000 tonnes of contained metal, with an in situ value in excess of US$2.5bn at current market prices

Copper at 6681 live time. 6 weeks ago it was 6200

European Metals Holdings Limited ("European Metals" or the "Company") is pleased to advise that the investment of EUR 29.1 million by CEZ a.s. ("CEZ") for a 51% equity interest in Geomet, the Company's Czech subsidiary and holder of the Cinovec licenses has completed today.



The payment of EUR 29.1 million, which has been received into the Geomet account, will see the Cinovec project fully funded to the decision to construct, paving the way for Cinovec to become the first European Union producer of battery grade lithium compounds from a local lithium resource.

Every other cost is covered by the current issuing of equity that isn't touching the share price at all. 20p broken and no celebration for the well informed LTH. Sleeping giant at 1.1billion n net present value

Finish to the week. The month.