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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Kazera Global Plc | KZG | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 0.375 | 10:14:45 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.375 | 0.375 | 0.40 | 0.375 | 0.375 |
| Industry Sector |
|---|
| MINING |
| Top Posts |
|---|
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 11:31 by al101uk I might be repeating what was already discussed, but...There is an AMS in Africa that is a large mining services company and a subsidiary of a listed company. That's not who bought KZG shares. A company called Loxley Holdings PTE. LTD. registered at 33 Ubi Avenue 3, in Singapore changed it's name at some point to African Mineral Sands despite the companies purpose being registered as: "WHOLESALE TRADE OF A VARIETY OF GOODS WITHOUT A DOMINANT PRODUCT". If you look up the address on google maps, it's a shopping block called Vertex with a number of businesses including a gym, Bathroom & Kitchen shop and a furniture shop. I'd guess there is an accountancy firm somewhere in that building that can be used as the primary address for business registration purposes. hxxps://www.streetdi Unfortunately most of the details around the company are locked behind a paywall. |
Posted at 17/7/2024 11:02 by al101uk GBCol,Cheers, I just pulled my number from the original RNS. AMS share sale confirmed now, all looks very fishy to me. "Unable to honor their obligations"... what does that mean, AMS bought 29.9% of the company, Catalyse no longer had a stake, the deal was done between Catalyse and AMS months ago... what obligations did AMS have to anyone? There was talk back when the deal was done that the 1.5p was a manufactured price, I never really understood how that worked, but it certainly looks like there was more going on behind the scenes than two private parties transacting in KZG shares. The tweet posted above appears to confirm that. |
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@AlignResear17m 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 10/7/2024 14:31 by nicosevos Metalhead@Metalhead2#KZG This one has required a good dose of patience but it really does look like we are right on the brink of the company being transformed into a profitable producer. Shares still available close to all time lows. Big opportunity in my view. |
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 26/6/2024 13:32 by tigerbythetail There's a piece on Share Prophets website on KZG. It "explains" today's resignation of the Chairman and makes some ugly allegations.The promised interview is also out - see other board for link. IMO, no actual real concrete "news". Cash balance must be low by now. It's also worth noting the seemingly never-ending decline in diamond prices - see Ziminksy rough diamond index. And I imagine the slump in lithium prices (down from $60k at their peak to c. $10K now) explains, at least in part, Hebei's puzzling behaviour as the potential buyer / non-buyer of Aftan / TVM. The collapse of the Chinese real estate market may also be significant. |
Posted at 04/6/2024 19:48 by penrith £21k purchase of shares in KZG in one day is not just a leak it's an absolute deluge. Talking of deluge anyone watching the England v Scotland T20.? |
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! |
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