Member Info for saintpeter7

Frustrating this delay, but I get comfort from the fact that the mcap is not much more than cash, to hold until we get that RNS announcing the first deal we are all waiting for. I can only suppose that it is a matter of getting the first deal past the regulator or getting a final agreement in place with the target.

Kalahari Metals controlling shareholders are Luke Bryan and Adam Wooldridge. There seems to be a very good chance that KM will be reversed into DRG. The licences that KM hold seem very attractive by reason of being in the Kalahari Copper Belt and that MOD Resources and Cupric Canyon hold licences there with which they are well on the way to successful development, being T3 and Zone 5. MOD Resources announced on 5 January a record high-grade Intersection at T3 and reported � 18m @ 4.3% Cu and 94g/t Ag � highest grade intersection at T3 to date � Significant widths of high-grade vein hosted copper and silver should positively impact the large T3 Pit Project resource � resource upgrade expected late January. MTR are in JV with them. This is the link to the ASX announcement with greater detail :- http://www.modresources.com.au/asx-announcements Cupric Canyon's flagship Zone 5 deposit is one of the most significant high-grade copper discoveries in recent years, with a current sulfide resource of 100.3 million tonnes @ 1.95% copper & 20 g/t silver (43% of these tonnes are contained in the measured & indicated categories). In February 2017, CC said that the $350 million mine is expected to produce 50,000 tonnes of copper and 1.4 million ounces of silver a year over its 25-year lifespan. Future expansions could increase production to at least 120,000 tonnes copper a year, the firm said, adding that first shipment of the red metal to markets is expected in 2019. More information can be found at https://www.cupriccanyon.com/development-exploration/zone-5-resources The Kalahari Copper belt is a highly prospective area and with KM having licences there, it seems to me that the company would be a great asset to be introduced to the market by way of an RTO for DRG. Remember that DRG announced before Xmas that they remained confident that the company will either complete, or have entered into, a transaction, satisfying AIM's RTO requirements by the deadline of 20 March. That's not very long to go and as was seen in this week's trading, interest is growing in DRG. There is always a risk that they run out of time, but as Luke and Adam have been involved in building Kalahari Metals since May 2017 and the company has been awarded prospecting licenses and signed an earn-in agreement securing over 4000 km2 of exploration acreage, IMHO they are ready for coming to the market via DRG.

Mcap �1m cash at 30 June 2017 �932K. Even after taking into account some spending since then, nothing much included there for the listing value of say �750K and minus for the potential! IMHO crazy valuation.

Based on TR1 notifications, there are 4 shareholders with more than 3% each and between them they hold 23%. Announcement of first deal could see this bag, if not accompanied by a placing. Mcap is only �1m; so IMHO undervalued.

At the end of Wednesday, another good size trade of �8,800 after hours. One day folks and we must not forget that there are a number of holders over 3%, which augers well for the SP when the first deal is announced. Keep the faith.

Just a reminder that Louis Coetzee, Executive Chairman of Katoro commented on 14 December: "We are fast-tracking the work programme at Imweru and delighted with the speed at which it is progressing. As we move into 2018, we anticipate a steady flow of news as we hit key trigger points including the completion of the PFS, drilling programme, a feasibility study and the application for a Mining Licence as well as the final phase of the Environmental and Social Impact Assessment." Back in May 2017, the company was aiming for production in Q4 2018. Don't know whether that will be achieved, but to have an mcap of just �3.14m at present, IMHO undervalues the company at its current stage. The updated PFS may be published within the next month or two at which time if it increases the resource estimate, a good rise in the SP is on the cards. IMHO, now is a good time to buy, in advance of that update.

Sadly I expect we will hear on either Friday 19th at the end of the trading day or first thing on the Monday after that the company�s shares will become unlisted on AIM. Hopefully, they may list on NexExchange if the Bod consider that some other new RTO may be still arranged.

Great new website for Skinny Tan, IDP's leading product . https://www.skinnytan.co.uk/?gclid=EAIaIQobChMI_M72657D2AIVyxXTCh2z2gG8EAAYASAAEgJkyPD_BwE 2018 another year of substantial growth coming up.

SP looking firm at the moment ready for a strong move up ahead of half-year results and update on Q1 2018 launches. Please DYOR, but I am expecting IDP may even bag by the end of 2018.

I'm watching and waiting. Wake me up when they wake up lol.

can we expect the first deal announcement. I can only presume that, either the possibilities that were talked about in the Annual Report several months ago failed due diligence or the Bod are arranging a fund-raising. If the latter, I don't mind if it is to finance the first investment. However, the Bod have never seemed in any rush to make that first investment, when you consider how long they have been listed. Very frustrating! I do note that one of MILA's shareholders with more than 3% also owns more than 3% of a similar main market listed company SOP. Seems like he likes these sort of companies. Pity he can't get them to get a move on!

Based on last year's timing, the half year report will be released in just over a month's time and with new product releases a plenty this quarter, it could lead to a marked move up in the SP.

Come on dragan, time to fly. Having a rest today. I don't know! All right for some lol

Don't want to see them again! If anyone's thinking of selling into the rise, then don't. With Luke and Adam at the helm and RTO expected with a multi-bagger in prospect, why do so.

For all those who have invested in DRG, a very happy and prosperous 2018. For those not invested, take a good look at this cash shell. It could be a real winner for 2018.

If Kalahari Metals is reversed into DRG, the licences they hold seem very attractive and investors could do very well indeed. If you look at KML’s website, you will see the licences they hold in the Kalahari Copper Belt and that MOD Resources and Cupric Canyon hold licences with which they are well on the way to successful development, being T3 and Zone 5. With mcap of just £779K, DRG with this potential RTO IMHO is currently a real bargain. Bod has said that they expect to be able to have RTO arranged by March deadline; so risk seems minimal but possible reward a multi Bagger.

Looking here for an RTO of Kalahari Metals Limited whose significant controlling shareholders are Luke and Adam. They have licences in the Kalahari copper belt and could be a good opportunity to bring the company to market. Expect action before March deadline as indicated in the half year report released earlier this month. With mcap of only £779K, we have surely seen the bottom and IMHO now is a good time to be invested.

KAT's current compliant resource base is 754,980 oz of gold, divided 515,110 oz at Imweru, which is the resource being currently worked on, and 249,870 oz at Lubandu.The JORC compliant resource estimate is currently 11.6 mt grading 1.38g/t for Imweru. A PEA was completed during 2015 and established a potential mine life of 7 to 10 years with an initial production of 50,000 oz. target date Q4 2018. The company's brokers in their research note of 24 May 2017 took into account the stage of development then and calculated an implied equity value of £25.4m, to which they applied a 50% discount to account for execution, financing and dilution risks to arrive at a base-case risk-adjusted value of £12.7m or 11.7p per share. Since they produced their research note, KAT have moved ahead with their licensing and are now involved in producing an updated MRS and PFS for Imweru, which we can reasonably expect in Q1 2018. If all goes according to expectations, I don't expect to see the SP at this level once that update is announced. A possible bagger for 2018.

With an RTO being arranged before mid-March and the SP now in the 40s, now seems IMHO to be as good a time as any to buy or top up ready for what could be one of 2018's multi-baggers.

Interesting to look at KEFI and it’s progress. I see that after March 2016 when they reported the good results from the PEA, the SP rose for some 2 months until it peaked. That is what could happen with KAT and I don’t expect to hold it until financing. No one company is like another, but I wouldn’t be surprised to see this happen with KAT. Enjoy your Xmas break.