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It would be good to post something positive guys but the latest is to be found here solid progress blah blah granulator blah blah 50,000 square foot warehouse blah blah on new 8.4 acre property blah blah not helping the SP
https://www.linkedin.com/posts/falcon-isle-resources-llc_solid-progress-from-the-construction-team-activity-7179519648516775936-Tj0F?utm_source=share&utm_medium=member_android
Https://www.bigmarker.com/read-corporate/RRS-Gather-Round-Second-Quarter?show_live_page=true
It is difficult to second guess the market Trek I tend to buy on ex divi day on the drop then sell some after the clawback while increasing overall holding and still having divi to play with or withdraw to help fund the purchase on the ex day, it worked very well from last year ATB
Robsky
Good evening
jr I hope you are well yes long suffering like most of the long term shareholders
here, hoping for miracles to happen in my lifetime. Still post occasionally though and continue to follow the crap markets going forward, hoping for Dave to pull a rabbit out the hat this year, KRS hmm comms are awful and this board has almost died because of them.
Atb Robsky
Calidus Managing Director Dave Reeves said:
“This maiden reserve and PFS confirms the high-grade Bulletin deposit will be significant in driving production growth and increasing cashflow generation at Warrawoona.
“With mining of Blue Bar well advanced, we see the introduction of Bulletin’s highergrade ore to supplement the existing ore from the Klondyke open-pit as a pivotal turning point in Calidus’ ambitions to achieve a 100,000 oz per annum production rate at the Warrawoona Gold Project.”
Yes DJF there is another exchange where KRS can be traded but it changed its name and cant remember what to sorry I used to check it regular, anyway so much for the RNS a damp squib might get more reaction Monday when the news has circulated maybe should have waited till Monday anyway.
In the meantime Calidus rumbles on
Maiden Reserve at Bulletin to drive step-change in production
Mine Life of 2 years; AISC of A$1,730/oz
Calidus Resources Limited (ASX:CAI) (“Calidus”, “the Company”) is pleased to announce a maiden open-pit Probable Ore Reserve for Bulletin of 600kt at 2.86g/t Au for 55,000oz and exceptional Pre-Feasibility Study (PFS) outcomes.
Bulletin sits within the Bamboo Creek historical mining centre that previously produced 220,000oz at 8.7g/t. Bamboo Creek forms part of the Haoma Joint Venture (Haoma JV) (CAI 60%: Haoma 40%) Bulletin was previously mined by Haoma in 2004 as a starter pit.
HIGHLIGHTS
Pre-feasibility Study (PFS) on the Bulletin deposit highlights low upfront capex, high-margin gold production to commence later in CY2024
PFS is based on a Maiden Probable Ore Reserve of 600kt @ 2.86g/t Au for 55koz and includes open-pit Inferred Resources 100kt @ 2.55g/t Au for 8koz
Mine Life of 2 years; AISC of A$1,730/oz; Upfront capital including pre-strip cost of A$17M
Production from Bulletin will drive an increase in Warrawoona’s production profile by feeding higher grade ore
Mineralisation at Bulletin remains open at depth, highlighting scope to extend production from open pit and to commence underground mining
Bulletin is located on granted Mining Leases
In light of the strong PFS outcome, Calidus has prioritised development of Bulletin, with mining proposed to start later in CY2024 once fully permitted
Togo yet to progress but further fees and commission on gross revenue due to KRS going forward
· The State will pay Keras a cash consideration of US$1.7m (one million seven hundred thousand United States dollars) ("Cash Payment") on 17 July 2023 and thereafter;
o Keras will be paid an advisory fee of 1.5% (one and a half percent) of gross revenue generated from the Nayéga mine for the provision of advisory services for 3 (three) years ; and
o Keras will be paid 6.0% (six percent) of gross revenue generated from the Nayéga mine for the provision of brokerage services for the lesser of 3.5 (three and a half) years or 900,000 (nine hundred thousand) tonnes of beneficiated manganese ore produced and sold from Nayéga.
Togo aims to double the contribution of its mining sector to GDP by 2025. In that context, it wants to exploit "its mineral resources in an "optimal" manner, starting with critical minerals like manganese, which is considered a transition metal because of its growing use in clean energy technologies - rechargeable batteries for electric vehicles and large-scale energy storage systems.
As a reminder, the Nayega manganese deposit is located in the Kpendjal West prefecture in the Savanes region, in the northern part of Togo. It spans over 29,819 hectares and consists of four exploration permits, namely the Pana permit, the Tandjoare permit, the Naki-Est permit, and the Borgou permit. It is Togo's largest known manganese project. According to Keras Resources, which conducted the exploration and sampling stages, it is at an advanced stage. A "Silicomanganese smelter test work was completed in Santander, Spain during July 2019 [...]” and the installed production capacity is 6,500 tonnes per month, the AIM-listed company detailed.
Robsky
Good Morning all
I thought KRS was dying on its feet good to see some developments in the pipeline , a good rise on the back of the news however not so good after taking into account the overall decline in SP, like you Diggit will continue to hold for better times going forward .
Robsky
May be an idea to read the RNS ,
The direct listing achieves the Company's previously stated goal of a dual listing, without offering or selling any new Ordinary Shares. The Board and management believe they have chosen an approach that both supports existing shareholders and provides US investors the opportunity to more easily access an investment in the Company's Ordinary Shares.
There is no intention to de list in the UK
ATB Robsky
In order to have received the above dividend payments you must have held shares in Taylor Wimpey on the ex-dividend date sorry Trev its a No, best to have the shares in your account before today and I also allow for settlement which could be 2 days prior to purchase (it gives settlement terms on the contract note) ATB