Kazera Global Share Discussion Threads

[an1mal] 12/3/2019 09:50

I guess there are a couple of options:

1. If JORC and subsequent mine plan are decent and prove a mine life of 10-20 years then the off-taker might then fund the water pipeline and mine development under a JV.

2. If the JORC and mine plan are decent then the company may wish to raise equity on the back of the news (or the run up to it in my experience with some forward selling by those in the know) and nurture further off-takers to push the best price for the Tant'.

Then there's the last option, which is that we've all been had and actually there's not enough Tant easily accessible to make it economically viable to mine it. Hope it's 2.

[cyberbub] 12/3/2019 08:28

Is Mr Market concerned that cash may be running out, and there may be a placing coming up?

[horneblower] 10/3/2019 08:44

Frankly there is insufficient information available from the company to make any assessment.
A note from the Final Results for the Year Ended 30th June 2018 given in the RNS dated 17/12/2018 states...

"Six shipments of the Company's industry leading high purity tantalum shipped to the Customer during the Period with grades reaching over 40% purity."

Other than that we have no info regarding tantalum sales so we don't even know if the company received cash for its shipments or how much.

Shipments were, I gather, suspended last year in order to speed up further exploration.

No information since then but I reckon we should get something in the next month or two.

As Ridicule says...it's an act of faith.

[ridicule] 10/3/2019 08:08

UKGeorge. No they are on a voyage of discovery, both how to run a mine and to define how much Tantalum and Lithium they think they have. Recruiting Larry was the first step in how best to mine Tantalum and control the grade properly.

Plus points, Larry knows what he is doing. The acreage to be mind has been increased through acquisition. There are still a relatively small number of shares in issue. There are offtake partners showing interest and there are ongoing commercial discussions. There have been initial shipments to one off take partner. Tantalum is rare and expensive and in demand for the electronics industry. There are problems in shipping it, if it is radioactive. The Tantalum in this mine has low radioactivity.

The lithium deposits are much further away from being exploited and defined.

Downsides, the story has taken a number of years to unfold from the days when the company was called Kennedy ventures. It has been a frustrating journey but the current share price offers a very good entry point if you believe. I do and I am hoping for positive developments during 2019. There is no profit at the moment.

[ukgeorge] 08/3/2019 16:29

Sorry for my ignorance, just came across this company.

Are they making a profit?

[cyberbub] 13/2/2019 10:09

Bit surprised to see this dropping, but it's still low volume...

[babbler] 08/2/2019 13:52

plus the 2.62 and 2.61s are buys as was getting live quotes at the time... hmmm

[babbler] 08/2/2019 13:51

I'd agree if I could see lots of trades... but very little and this isn't on nex?

[horneblower] 08/2/2019 13:44

Perfectly reasonable profit taking on way to 3p...to begin with.
Imo.

[qs99] 08/2/2019 09:52

tree shake, profit taking, both or precursor to further rise?

[qs99] 08/2/2019 09:14

Thanks both. Does look promising. Let's hope it can break and hold 3p then....

[horneblower] 08/2/2019 09:08

Market Cap is £6.5M.

Surely it's worth £25M !!!

[horneblower] 08/2/2019 09:05

3p is the target on the chart. It might come off from there but even if it does, this sudden ramp from the support line at 1.6p will have laid down a marker for future rises.

News could bounce us straight through 3p in which case the next target would be 5p.

[qs99] 08/2/2019 08:26

Looking good again today. Maybe news next week? DYOR

[qs99] 08/2/2019 08:02

Off to a blue start again

[babbler] 07/2/2019 16:28

all good for those riding it...

[saint in exile] 07/2/2019 16:27

Tracarta buying more.Pumped up last time they did

[qs99] 07/2/2019 16:27

will it get to 30% up on the day?

[babbler] 07/2/2019 16:21

taken some after that 500k buy. Not showing.

[qs99] 07/2/2019 16:15

good reminder HB. So could be an update any moment really.....hopefully the share price move bodes well!

[cyberbub] 07/2/2019 16:10

Can anyone remind me what percentage of Aftan is held by Kazera? They keep being coy about it in announcements. Thanks.

[horneblower] 07/2/2019 16:07

From RNS of 18th Jan...

Larry Johnson, CEO of Kazera, said:

"The drilling programme continues to produce highly encouraging results with encountered mineralisation indicating the potential to produce lithium and tantalum commercially.

We still anticipate having the initial ore resource report in Q1 2019 on Homestead and Purple Haze, after which we can start to formulate the highest value mine plan for the total area. We look forward to updating shareholders on our progress in the near future."

[qs99] 07/2/2019 16:00

well any bit of news and IMO this will get well and truly squeezed....DYOR and fingers Xd for some decent news.

[babbler] 07/2/2019 15:50

no buy quote for 2k.

[qs99] 07/2/2019 15:47

indeed, happy to keep giving a running commentary up to 20p haha