quackers1
08 Apr 2016
Re: RNS No today, but get these warrants out the way and this will continue on its way up. one of the best on AIM at the moment, Dave Reeves is a solid leader
Nige the snake
08 Apr 2016
RNS Should do 50% plus todayKeras Resources plc, the Australian gold mining company, is pleased to announce the completion of first ore parcel haulage to the Paddington Mill ('Paddington') from the Anomaly 22 deposit, located in the Grants Patch Gold Tribute lease area ('Grants Patch') which lies 30km north of Kalgoorlie in Western Australian goldfields. A total of 7,548t of ore at a grade of 1.53 g/t containing around 372 ounces of gold was hauled and will now be processed under the agreement with Paddington Gold Pty Ltd, a subsidiary of Norton Goldfields. Highlights · First ore parcel of 7,548 t at 1.53 g/t containing around 372 ounces of gold delivered to Paddington Mill; and· Mining operations now moving between the Anomaly 22 and Accord deposits. Keras Managing Director, Dave Reeves said, "The delivery of our first gold ore parcel to Paddington sets the clock ticking for our first payment under the Norton tribute. We can now say that we are officially a gold miner and look forward to increasing production over the coming months towards our goal of producing 20,000-30,000 ounces of gold over the next 12 months. The delivery of ore to Paddington has taken place ahead of schedule and is a credit to the team on the ground who have moved incredibly quickly and efficiently to achieve this outcome. I look forward to updating shareholders on a regular basis as we grow our production profile and associated cash flow." Further information Under the terms of the tribute arrangement, minimum parcels of 3,000 t must be delivered to the Paddington ROM Pad. On the day this is completed, Paddington has 42 days to pay for the agreed contained gold as determined by truck weights and gold grades established by a rigorous sample plant procedure. Paddington deducts its milling, hauling charges and a 22% royalty from this payment.
the old trout
14 Mar 2016
Re: RNS They are coming along like buses now and this company seems to have a clear sense of purpose in enhancing shareholder value, which is not surprising given the CEO's huge stake in it. He gave another interview today and you can listen to the podcast here:[link]
the old trout
23 Feb 2016
RNS The business pan is coming together nicely. "This tribute agreement increases our future production profile and given that it is in close proximity to our existing Grants Patch gold tribute deposits, which will come into production targeting 20,000 to 30,000 ounces of gold per annum in Q2 2016, we will be able to leverage our existing fleet and infrastructure."T
the old trout
21 Feb 2016
Re: Looks promising. Looking even more promising now that YA Global's stock has been bought out, and the market is responding accordingly. More recent interview here:[link] Directors have a lot of skin in the game here which gave me confidence to buy an initial tranche of 850k last week.T
