KZG

Kazera Global Plc
0.925
-0.025 (-2.63%)
Stock Name Stock Symbol Market Stock Type
Kazera Global Plc KZG London Ordinary Share
  Price Change Price Change % Stock Price Last Trade
-0.025 -2.63% 0.925 15:02:51
Open Price Low Price High Price Close Price Previous Close
0.95 0.875 0.95 0.925 0.95
more quote information »
Industry Sector
MINING

Kazera Global KZG Dividends History

Announcement Date Type Currency Dividend Amount Period Start Period End Ex Date Record Date Payment Date Total Dividend Amount
17/01/2007FinalGBP0.430/09/200530/09/200628/02/200702/03/200730/03/20070.4

Top Dividend Posts

Top Posts
Posted at 28/3/2023 13:41 by tigerbythetail
This is bonkers.
29.9% of the company is being sold for 1.5p per share to AMS, yet the shares are trading on the open market at 0.9p per share.
Also, KZG still have to receive more than the full market cap in cash from the sale of Aftan to the Chinese.
Surely, AMS must be thinking about launching a full takeover bid?
I reckon 1.5p per share for everybody should be enough!

Posted at 20/3/2023 10:34 by tigerbythetail
Weird situation - Align sell their bloc stake for 1.5p to industry buyer, share price remains at 0.95p. I assume we still have an overhang here - Giles Clarke and friends still selling?

At the end of it all, KZG is going to look like a completely different (and unquestionably a much more solid) company. But we've got to get there first!

Posted at 19/3/2023 18:41 by wrtmf
thanks to thebasher on lse

--
STATEMENT TO KAZERA GLOBAL SHAREHOLDERS
March 15, 2023 | Posted by admin

I believe it appropriate to give some context to the news out this morning in regards to the sale of our entire holding in Kazera to African Mineral Sands. As close followers of ours will be aware, we have attempted to pioneer a new avenue in the field of research this last 7 years that has proven, on certain counts, to be a difficult endeavour in the UK small cap arena. Sadly, we have realised that the very vast majority of companies are under capitalised (creating conflict between shareholders and directors) and the calibre of directors, drawn typically from a known slate of parties, leaves a lot to be desired. During this period, and in order to attempt to preserve value for existing shareholders, we evolved a supportive funding package to stave off unnecessary equity dilution. This has worked in some instances and not others and in various companies we have been forced to become activist more often than we would have liked. This has understandably taken its toll on me personally.

Net effect of all these experiences is that, at the age of 50 this year, the utility of “time” as opposed to money has much, much more meaning to me and so when the opportunity to sell a large block arises in each of our major stake holdings then I am inclined to take it (subject to appropriate value of course). Some parties have asked why we would sell our KZG stake for a little more than the forecast cash value post final receipt of the Aftan sale monies and the answer is simple – attempting to sell 280m shares in the market would take many, many months and act as a major overhang. From the buyers view point also, their interest is clearly making money and so they would not be prepared to pay full value for the shares otherwise what is the point in the transaction for them? I have learnt that in a business transaction – BOTH sides need to feel they have a good/fair deal or it will ultimately fall apart. The benefit for KZG shareholders is that there is now a new rebasing of the stock price and a seasoned and well capitalised player in the Mineral Sands space that can add value on multitude counts at the SA operations.

Perhaps equally importantly, this deal also takes out in one fell swoop a potential large overhang from Catalyse/Align/me (just look at Woodbois this last 6 months to see what happens to a stock price when a large holder decides to sell) and it provides for a new & invigorated direction to complement the CEO Dennis Edmonds. During the last 3 years I have been instrumental in supplying capital to Kazera in a minimally dilutive manner, have advanced loans to avoid placings at wrong share prices and have supported the current CEO and been a cheerleader for the stock. It is time to hand over the baton. I thus wish KZG shareholders old and new all the success in the world and believe that the company continues to have a fantastic future.

R Jennings
htTp://www.alignresearch.co.uk/kazera-global/statement-kazera-global-shareholders/

Posted at 17/3/2023 17:54 by wrtmf
Kazera Global Investments PLC @KazeraGlobalInvĀ·3h

KZG has completed development of the new plant at Deep Blue Minerals' diamond project & can independently process similar volumes of gravel as were previously being processed at the Muisvlak plant.

--
question for management - might we process gravel for other miners in the vicinity and do it more efficiently than muisvlak? another income stream?

Posted at 16/3/2023 18:38 by tigerbythetail
Yohoho - there is still probably a stock overhang from the old days. A mix of shares held by spreadbetters, friends and allies of the unlamented ex-Chairman, and disgruntled victims of the ex-Chairman's misrepresentations. All want out. And you can see how under-researched they are from some of the posts on LSE.
This may take some time to work through. Unless, of course, AMS / friends of AMS do the logical thing (from their point of view) and buy up as many shares as they can on the open market until they hit their 1.5p buy-in price.
To be honest, I don't see KZG holding onto the heavy mineral sands for long. It's too good a business opportunity, and KZG shareholders seem incapable of recognising and properly valuing that. So either the whole company will be taken over, or the HMS business will be hived off.
One of the questions I'd ask is how deep are AMS's pockets. Because if they've got the money, it makes sense for them to act sooner rather than later.

Posted at 16/3/2023 09:44 by tigerbythetail
If this share price lasts then the folks at AMS will be scrabbling around for money to make a full takeover bid asap.
Since they're buying 29.9% from Align (at 1.5p) they can't buy any more on the open market without having to make a full offer anyhow.
My best guess is that the sellers clear in the next few days (and I do get why people are irritated with KZG) and the share price rises towards 1.5p for now.

Posted at 15/3/2023 14:47 by wrtmf
though i check kzg twitter most days, thanks to poppyseed for highlighting new tweets since 14feb. Hms screen equipt arrived and spiral being positioned recently.

fingers x'd trading green light for kzg shares very shortly...

Posted at 28/2/2023 19:37 by tigerbythetail
It is indeed good that they've ordered the mass separation kit to separate out the HMS. This is where the future for KZG lies.
Remember KZG still own Aftan until the Chinese have paid in full. And having paid over $2m already, it's too late for them to back out now.

Posted at 05/2/2023 09:41 by tigerbythetail
By all logic, this should re-open with a bang. I'd usually go for 1.5p and rising to 2p.
How many other small caps are in mid-process of receiving a cash sum greater than their current market cap? And how many other small caps have such an enticing business opportunity as heavy mineral sands (+ diamonds)? Even better, having a hard-to-obtain South African diamond mining licence gives KZG the opportunity to obtain rights over much larger areas of "mixed" HMS / diamond deposits, which are closed off to companies without a diamond licence.
But looking at a couple of the posts on LSE, I wonder. There are still some sour shareholders around from the time of the unlamented Giles Clarke. KZG is effectively a new company now - new management, new balance sheet, new business opportunity. But I wonder if the past won't take some time to shake off, all the same.

Posted at 20/12/2022 09:33 by tigerbythetail
I am too, Ben.
Today's news was a company maker, IMO.
The Tantalite Valley Mine has shown itself to be a difficult proposition (lack of water, heat, workforce troubles, knackered equipment, poor lithium grades). I'm overjoyed that KZG will receive more than their current market cap for it(!!!). Good luck to the Chinese with it, and hopefully the 2.5% royalty will provide a nice income stream.
As I've said repeatedly, it's the Heavy Mineral Sands business that is the real gem here. (Research rival HMS operations and their valuations if you don't believe me). Now that is starting up well and KZG have plenty of cash to develop it fully.
This has been a good year for KZG. Good riddance to Giles Clarke and the lies he told in the past, and onwards and upwards from here.

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