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KZG Kazera Global Plc

0.375
0.00 (0.00%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Kazera Global Plc LSE:KZG London Ordinary Share GB00B830HW33 ORD 0.1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.375 3,216,889 10:14:45
Bid Price Offer Price High Price Low Price Open Price
0.35 0.40 0.40 0.375 0.375
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Miscellaneous Metal Ores,nec 55k 6.71M 0.0072 0.51 3.51M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:27:21 O 500,000 0.385 GBX

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Date Time Title Posts
22/7/202400:38Kazera Global1,796
20/7/202208:57JUST PILED IN BIG INTO KEZARA GLOBAL..WHAT A TURNAROUND STORY!112

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Kazera Global (KZG) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-07-26 15:27:220.39500,0001,925.00O
2024-07-26 15:09:440.36149,661540.28O
2024-07-26 11:46:540.39100,000389.00O
2024-07-26 09:14:450.356152.15O
2024-07-26 09:10:230.351,407,5324,940.44O

Kazera Global (KZG) Top Chat Posts

Top Posts
Posted at 26/7/2024 09:20 by Kazera Global Daily Update
Kazera Global Plc is listed in the Miscellaneous Metal Ores,nec sector of the London Stock Exchange with ticker KZG. The last closing price for Kazera Global was 0.38p.
Kazera Global currently has 936,599,523 shares in issue. The market capitalisation of Kazera Global is £3,465,418.
Kazera Global has a price to earnings ratio (PE ratio) of 0.51.
This morning KZG shares opened at 0.38p
Posted at 17/7/2024 21:45 by tigerbythetail
Thanks for digging up my old posts, Penrith. Always appreciated.
Yes, I said that the trickery Dead Duck was suggesting was libellous - unless proved true, of course. Truth is always the ultimate defence in court, as long as you can prove it!
And, to be honest, I didn't think anybody would be so reckless and stupid as to file multiple RNSs which later turned out to be - at the least - highly misleading. Mea culpa - I was wrong about that.
I'm writing to the FCA to see if they are interested in investigating. I know their limitations, but I hope they do. Much will depend on whether Catalyse / Align traded KZG shares aside from their deal with AMS.
FWIW, I don't think that DDR got the precise details of the transaction right. It looks to me like Align (purely on paper) "loaned" the money needed to "buy" the KZG shares to AMS, and now the 6 month term of the loan has expired without the loan being "repaid", Align have now seized the security underlying the loan (the KZG shares). Needless to say, this is not how serious people do business!
On a separate note, KZG's existing authority to issue new shares expires tomorrow, I believe. Cash must be incredibly short by now, so what happens next?
Posted at 17/7/2024 10:38 by tigerbythetail
Does anybody else consider this tale of AMS to amount to market manipulation?
We were told that AMS had bought 29% of KZG at 1.5p per share via a number of RNSs. This affected the price; maybe not as much as the rampers themselves hoped, but there is a clear bounce in the share price in January.
Now we are told that the sale did not complete and it was never "real".
Surely this should be of interest to the FCA?
Posted at 17/7/2024 08:26 by nicosevos
Align Research@AlignResearch

17m

Peeps will have noticed our holding RNS in Kazera Global #KZG. African Mineral Sands/Mr Premraj proved a "straw man" unable to honor their obligations. Prepare for KZG's resurrection now we are back as largest shldr. Massive value to unlock in our view. Debtor of $9m, HMS about





Kazera Global PLC@KazeraGlobalInv

18h
Learn All About Our South African Heavy Mineral Sands & Diamonds Operations in our latest article 👇

#KZG #HMS #Diamonds
Posted at 15/7/2024 19:59 by drradcliffe
Because what is showing as sales (below theoretical mid price) are actually buys. This stock is a bet on near term diamond sales and permit being awarded soon. If both happen, then share price = 2p or more.
Posted at 04/7/2024 11:45 by tigerbythetail
I'd love to know what African Mineral Sands make of all this!
Surely they're not going to let KZG issue new equity at this price when they paid 1.5p per share for their 29%? But it's fairly obvious that Hebei aren't going to pay up, and KZG must be nearly out of cash by now.
18th July is only two weeks away. So I make it any "good news" will be followed fairly quickly by a low-ball placing.
I suppose it's also worth mentioning that "natural" diamond prices are still grinding downwards, under long-term pressure from lab-grown ones. (See Ziminsky Rough Diamond Index). Has technology rendered them obsolete?
Posted at 10/4/2024 09:50 by penrith
Share price is completely meaningless untill we get some information. A £1000 buy/sell can move the share price 10%. Current mrkt Cap of £5mill allows the company itself to manipulate the price in whatever direction it wishes.
The MM are not interested with this minimal volume, just look at the spread of
37%.
We are being played with. No news on payments, licence or HM and we are nearly a third through the tranformational year.
The main concern is that I think they would eagerly share any good news so it leaves only the other option. Personally I would prefer an honest update that we can make a decision on.
Posted at 27/3/2024 15:34 by harvd
QS99 I like your optimism,it would be great for the share price to move upwards but unfortunately there is a reason it is likely to do the opposite. Delivery expectations have so frequently been missed that "Mr Market" will justifiably only move the share price north when the word delivered can be used. Looks like more waiting is required and let's hope the end of April guidance isn't missed.
Posted at 27/2/2024 09:52 by tigerbythetail
Not really, I'm still holding here.
Essentially:
1. KZG are still owned $8m by the Chinese for Aftan - a lot more than KZG's current market cap. This situation will resolve somehow - either the Chinese will pay all or most of the money, or KZG will factor the debt, or sell the mine to a third party. IMO, the most likely outcome is that the Chinese go through with the deal; they are still spending money on the neighbouring Arcadia tenements. But this will be in their own sweet time, so patience is needed.
2. Sooner or later KZG will obtain the licence required for handling radioactive materials and I'd expect HMS production to begin more or less the next day. Again patience may be required in the interim - South African elections are nearing and this may paralyse the bureaucracy for a while.
3. I still don't expect an equity raise. I'm sure DE is under intense pressure from AMS to avoid one.
As for smaller, less important matters:
1. Al101uk is jumping to conclusions. Yes, the majority of the diamonds have been mined from Alexkor's area, but around 20% remain. That is not the same as the diamond mining is "becoming non-commercial". I'm expecting news that diamond mining has restarted in the next few weeks; though this "good news" should be tempered by the recognition that the diamond mining is inherently small-scale in nature.
2. Just to make clear (again), Vast Mineral Sands has no connection with the notorious Vast Resources, bar the coincidence of the name. If anybody has information otherwise, please publish here!
The share price here was roughly double what it was two months ago, and nothing has really changed since then. The share price has dropped on low volume - it's just AIM doing its thing.
Best of luck to all who are trying to pick the exact bottom here. I'm one of you!
Posted at 26/2/2024 22:34 by al101uk
July 2017

Vast Mineral Sands applies for a Heavy Mineral Sands Concession

"Only the western coastal portion of the area, where diamond mining and prospecting has taken place over the last ~80 years, is to be prospected. The inland portion of the area, which is relatively undisturbed, has been excluded from the target area due to environmental concerns"

Prospecting was to take place over the next 5 years.

hxxps://sahris.sahra.org.za/sites/default/files/heritagereports/Alexkor%20HM%20Sand%20Prospecting%20VAST.pdf

It appears that VAST became both the HMS mining rights holder and the concession holder for the diamond mining operation for Alexkor. It was agreed that Alexkor would process the diamonds for sale.

June 2018

Align are brought in to initiate coverage of Tectonic Gold. Share price is 2p, target is 7.6p.

Tectonic describe themselves as "a specialist gold exploration company"

Late 2018

Tectonic Gold begins due diligence on VAST Mineral Sands in order to generate quick cashflow to fund their gold exploration projects. Primarily they look at taking a share in the diamond mining operation. This turns out to somewhat eerily echo what happens later with Kazera.

February 2019

Tectocic Gold buys a 50% Economic Interest in the Diamond Mining Concession from Vast Mineral Sands for $650K. It's unclear, but this appears to include both the diamond mining concession and the HMS rights.

hxxps://a44887a5-5755-4d77-98af-6d88a80ffcad.usrfiles.com/ugd/a44887_e4845a98ccd64f3c85d7d4288c7e7205.pdf

March 2019

Diamond mining commenced at the concession with 900+ carats per month forecast after second stage development.

May 2019

Tectonic Gold plans to take 100% control of the Diamond Mining Concession

hxxps://a44887a5-5755-4d77-98af-6d88a80ffcad.usrfiles.com/ugd/a44887_69106eb9fe474a4781759828a0b178e4.pdf

Sept 2019

Tectonic Gold are offered the direct minining contract for the diamond mining project and so does not follow through on the long term contract with VAST.

hxxps://a44887a5-5755-4d77-98af-6d88a80ffcad.usrfiles.com/ugd/a44887_f1c324f63fb047a8aa618f9499a68218.pdf

As of June 2019 Tectonic had a market capitalisation of £4 million and net assets of £2.5 million.

Dec 2019

Tectonic SA secures an interim contract to be the prime diamond mining contractor with final contract expected in March 2020.

Tectonic Gold then announce the sale of the diamond Mining concession to a "private investor" retaining a 10% econopmic interest.

"Tectonic will retain a non-diluting 10% interest in Tectonic SA alongside the 26% holding of Black Economic Empowerment (“BEE”) partner. The new investor will hold a 64% interest and fully fund all future project development."

"The terms of the acquisition include a £100,000 payment in cash to Tectonic Gold on completion."

At this stage Tectonic is suspended from the AQSE Growth Market as it delays it's full year results until after the completion of the sale. Align would later report:

"With market sentiment turning against junior exploration companies creating a difficulty environment to raise further exploration funds, the company looked to secure a production ready project to generate cash flows and avoid further diluting shareholders."

hxxps://a44887a5-5755-4d77-98af-6d88a80ffcad.usrfiles.com/ugd/a44887_114a7215462343deb8ae65f585d61a5c.pdf

June 2020

Tectonic South Africa is rebranded to Deep Blue Minerals and the diamond mining operation is sold to Kazera under the same terms as above (as reported by Tectonic Gold). Tectonic Gold incorporate a new company, Whale Head Minerals, and apply for HMS mining rights which Kazera commit to buying at a future date with Tectonic retaining a 10% interest. Taking over Whale Head Minerals involves also taking on $500k of liabilities.

The funds for this purchase are raised via a placing of shares with Richard Jennings of Align, he also recieves 1 for 2 options exercisable at 1p. For some reason the KZG RNS reports that the assets are being bought "from" Richard Jennings.

The corporate advisor for Tectonic resigns.

Tectonic publishes their results a day after the resignation and presumably relists soon after having recapitalised through the sale of it's assets to Kazera.

August 2020 - Align publish their first note on Kazera Global singing the praises of the new acquisition and setting a target price of 2.5p with a current price of 0.7p.

"Near term production and revenue generation has begun at a secured untouched mining block of beach and marine gravels at the well-known diamond operation at Alexkor in South Africa. This state-controlled mining area has produced 10 million carats of gem quality diamonds since 1928."

The price rockets over the coming months to 2p+, more than enough for Align to vest their options.

May 2021

Wale Head Minerals submit their application for HMS mining.

The Walviskop target fell within Alexkor’s diamond Mining Rights, it was proposed that Diamond Mining and HMS mining should take place at the same time with shared processing resources. An interesting comment from the mining application:

"Whale Head Minerals requires economic growth and job creation as a means for improved social wellbeing. The project will provide long-term employment opportunities at the Mine and the project could therefore benefit the local and regional communities and economy. The diamond deposits at Alexkor are a depleting resource spelling a bleak prospect for the Richtersveld community and Northern Cape at large as was demonstrated in large job losses during the last two decades at Alexkor and neighbouring mines."

hxxps://sahris.sahra.org.za/cases/proposed-mining-application-whale-head-minerals-portion-remainder-farm-1-port-nolloth

Sept 2021

Kazera buy controlling stake (60%) of Whale Head Minerals from Tectonic Hold for $250K. Tectonic retain 10%, BBE take the rest. It's reported that the two HMS opportunitites are Port Nolloth and Alexander Bay. Presumably $500K of liabilities were also inherited as previously published.

Seems to me Align rescued their stake in Tectonic gold while profiting from the "new opportunity" offered to Kazera. Richard Jennings got to play benifactor to the company while shareholders were fleeced without full information on what had just actually happened.

Is the Diamond and HMS opportunity actually worth what was paid? Or has it been an all but dead asset since 2017? I'll repeat the Whale Head Minerals mining applicaiton to give a possible answer:

"The diamond deposits at Alexkor are a depleting resource spelling a bleak prospect for the Richtersveld community."

Meanwhile Larry was saying:

"Cash flows from diamond production are expected within 12 months of completion of the Acquisition. The process will be simple on beach multi mesh separation before diamond gravels are directed to the Alexkor recovery plant."
Posted at 19/4/2023 11:51 by tigerbythetail
Presentation good as far as it goes, but I don't think it will move the share price today.
The bad news:
1. from one slide it seems our "junk" shareholders (i.e. Spreadex and Giles Clarke allies) still hold about 10% of the company. Those shares will need to be chewed through before the share price can move up. (This I think is the real reason for the share price being so low, despite AMS buying 29.9% of the company for 1.5p per share from Align.)
2. No income from diamonds yet - delays with Alexcor in processing and selling the diamonds. Did promise news of sales (!) in a few weeks.
The better news:
1. Trial mining of HMS to begin end of May with first revenues shortly thereafter
2. Full scale mining of HMS to begin end of September when new plant is installed.
3. Chinese have paid $3.5m to date for Aftan and are up to date with payments at the moment. They've also ordered equipment and are exploring the purchase of other concessions nearby (as well already knew). So the chances of them backing out are pretty limited at this late stage. $9m still to come by end of year.
4. AMS should pay Align the second tranche of the money due for their shares in a week or two, at which point the voting rights of all those shares (29.9%) will become theirs. That may be an interesting moment(!).
5. Over and over, DE emphasised that HMS is the company maker here.
I'd certainly expect the share price to be over 2p by winter. When it will move, I don't know. But - unless there is a nasty surprise hidden somewhere - move it must, sooner for later.
Kazera Global share price data is direct from the London Stock Exchange

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