KAU - Kaiser Reef

[System]

Kaiser Reef Limited is a junior exploration company with a right to acquire a highly prospective mineral exploration project targeting large scale gold mineralisation located in New South Wales.

The project consists of an exploration licence and application for an exploration licence located between Newcrest Mining Limited's Cadia mining operation and Alkane Resources Limited's recent significant porphyry gold-copper drill intercept. The Project covers a significant historic gold field that has had very limited exploration in a premier district.

Exploration programs have been developed to test for the source of the significant historic gold field and explore for felsic hosted major gold deposits within the project.

It is anticipated that KAU will list on the ASX during February 2020.

https://www.kaiserreef.com.au

 

[Als2own]

Thinking this will do well 2022. Income from A1 mine to fund exploration at Maldon, Drilling below some of the richest pits ever mined in Australia. What’s not to like about that. Another Avoca resources in the making.

 

[houtman]

I bought into these today/yesterday.
I’m late to the Gold party so am scrambling to find some cheapies.
They are are mining in historical high grade areas, low aisc, and have their own mill.

Currently doing some upgrades to improve results.
Gold is where you find it-

 

[Als2own]

Been building a position for a while and very bullish for this year and next. A1 mine is funding all upgrades and drilling at Maldon their 2nd mine in one of the highest historical gold grades in Aus and only 2km from the mill. To me that’s the prize to wait for. Forestville 2.0.
We should hear about the mining plans later in the year to mine the first jorc defined resource of 186k oz.

 

[houtman]

Another box ticked today by the KAU team with the exploration licence surrounding Nuggety Reef being granted.

Nuggety Reef produced 301000oz at 187g/t back in the day, so a good place to be looking for extensions.

I like KAU's announcements, they are factual and clear.
The closest today's announcement got to emotive language was "extremely pleased".
They are just going about their business.

They are making money and also have great leverage to discovery.

 

[houtman]

Been building a position for a while

I hope you are done!

A hearty fellow across the road has appeared, so there could be an uptick tomorrow.

The more I read on KAU the more comfortable I am, they don't appear to overreach.

Having said that, I am a little gullible when it comes to Vic gold fields explorers.

 

[Als2own]

Never done if people keep selling down to 16.5c like they did Friday. Will always be waiting there if someone wants out.

My first adventure in Vic goldfields by default. Brought in originally for the NSW assets and then they acquired Centennial’s shell and have a lot of faith in the management team. Have lots of runs on the board and know how to build a great business

 

[Telamelo]

KAU nudged 0.165c-0.17c range again yesterday of which took a nibble at ?

Kaiser bags exploration tenure at Victorian gold project

Gold producer Kaiser Reef has succeeded in acquiring a hefty 144 square kilometre exploration licence which provides unfettered access to the high-grade exploration target around its Nuggety Reef gold mine.

thewest.com.au

 

[Telamelo]

KAU nudged 0.165c-0.17c range again yesterday of which took a nibble at ?

Kaiser bags exploration tenure at Victorian gold project

Gold producer Kaiser Reef has succeeded in acquiring a hefty 144 square kilometre exploration licence which provides unfettered access to the high-grade exploration target around its Nuggety Reef gold mine.

thewest.com.au

Gone into trading halt this morning.. pending a "strategic capital raising"

 

[Telamelo]

Gone into trading halt this morning.. pending a "strategic capital raising"

 

[Telamelo]

out of the blue surprisingly announced a mere $900K placement @ 0.15c wtf !? am somewhat dumbfounded by this as to why !? perhaps upcoming quarterly due soon will hopefully shed some light on this.

 

[Telamelo]

KAU price action/momentum ticking up nicely @ 0.185c +2.78% on decent volume/momentum too - perhaps hinting/alluding to a very good quarterly on the way soon imo

P.S. Just raised $900K yesterday @ 0.15c to strategic investors (proceeds towards expanding their high grade profitable A1 gold mine)

 

[finicky]

Quite liked the all data weekly chart for a bottom forming speculation but ..
Caveat: I 'invested' in a few of these tiny historic revival explorer/miner ventures in my first incarnation as a gold stock bug - they all did me in. Two that I can remember from the first gold bull run in the two thousand and noughties were Hill End Gold (HEG) and Morning Star Gold (MCO). They made their managements and contractors good money but 100% stiffed shareholders.

Exciting grades they are getting and there's the romance of 19th century gold fields but they are losing money - of course they have expansion and improvement plans, this kind of company always does.

Operating cash cost $2,885/oz
Gold Price received $2,622/oz

 

[Als2own]

Quite liked the all data weekly chart for a bottom forming speculation but ..
Caveat: I 'invested' in a few of these tiny historic revival explorer/miner ventures in my first incarnation as a gold stock bug - they all did me in. Two that I can remember from the first gold bull run in the two thousand and noughties were Hill End Gold (HEG) and Morning Star Gold (MCO). They made their managements and contractors good money but 100% stiffed shareholders.

Exciting grades they are getting and there's the romance of 19th century gold fields but they are losing money - of course they have expansion and improvement plans, this kind of company always does.

Operating cash cost $2,885/oz
Gold Price received $2,622/oz

View attachment 155922

Had they of stripped the liner’s which they were waiting for new ones to arrive, costs would have been $1580 an ounce with revenue around $11m.
Wouldn’t surprise me to see 6500 ounces this quarter, revenue around $18m with costs about $1100 an ounce. Will need to use 2 quarters for real picture.
We will see shortly.
Personally l not sitting on the sidelines. Accumulating when funds available

 

[Telamelo]

Had they of stripped the liner’s which they were waiting for new ones to arrive, costs would have been $1580 an ounce with revenue around $11m.
Wouldn’t surprise me to see 6500 ounces this quarter, revenue around $18m with costs about $1100 an ounce. Will need to use 2 quarters for real picture.
We will see shortly.
Personally l not sitting on the sidelines. Accumulating when funds available

KAU ticking up nicely @0.195 +5.41%

 

[Telamelo]

KAU now @ 0.205c +10.81%

P.S. Got a bit lucky here timing my entry the other week @ 0.165c as doesn't always happen that way lol

 

[Telamelo]

 

[divs4ever]

View attachment 156303

OK , you have got my attention

will put in on my list to research further tonight

cheers

 

[Telamelo]

OK , you have got my attention

will put in on my list to research further tonight

cheers

Hello @divs4ever following interview from 5 months ago gives you some insight into KAU operations & great exploration potential etc. (noting recent 'progress announcements' have further expanded on this)

 

[Telamelo]

KAU @0.20 +2.56% market depth looks bullish as buyer's outnumber seller's ratio 4:1 .. dyor