Kazera Global Share Discussion Threads

[tommygriff] 21/6/2019 22:06

New company registered on companies house end of Jan 2019.I think they are looking at purchasing tantalum from small miners in the area and trading via Larrys supply contacts.

[pranchalee] 21/6/2019 19:33

Where u see that mate

[tommygriff] 21/6/2019 19:28

Something must be happening as they form a new trading coKAZERA GLOBAL TRADING LIMITED

[horneblower] 03/6/2019 14:50

It's over two months since the last £500K placing.
Perhaps it's about time we had an Investee Company Operational Update?

[cyberbub] 15/5/2019 09:56

Flatlining after a major spike?

[horneblower] 10/5/2019 00:07

What you on, cyber?

[cyberbub] 09/5/2019 23:35

The 3 year chart is certainly looking quite compelling at the moment IMO

[an1mal] 27/3/2019 07:03

Small placing for working capital only I guess. They must be confident of securing a decent deal with one of the off takers. I suspect that the future partner’s board would have insisted on a JORC compliant resource report before sanctioning any investment. Functionally we’re at that stage now because as you say, the MSA figures have been published before.

[cyberbub] 25/3/2019 08:58

Small placing... buying occurring above the placing price already... encouraging... perhaps investors are thinking that it's cleared the air and now onwards and upwards?

[horneblower] 23/3/2019 21:06

It might. It might not.
The MSA report is from a year ago and does not include any of the past 6 months exploration. We are waiting for new info on recent drilling. Then, you will have your answer.

[jbfnfn] 23/3/2019 18:28

Quick question

How does a JORC report differ from the information already published?

A summary of recent exploration results is available on the company website from the MSA group. I don't know anything about mining (then again neither does Giles Clarke). I do know if the MSA report made it obvious that there was a lot of money to be made from the Tantalum here the share price would be a lot higher. If the upside is not obvious from the MSA report will it be obvious from the JORC report?

I have a small underwater holding here I'm just a penny punter.

[horneblower] 21/3/2019 08:45

Thanks, ridicule. I assure you that I do get it...and have been getting it for all of my fifty years in the industry.

[ridicule] 21/3/2019 00:26

Your still not getting it Horneblower There are two important things when valuing a potential investment: the Mkt Cap itself and the constituent parts that produce that market cap. i.e.

Mkt Cap £100 Number of shares 1000000 share price .0001
Mkt Cap £100 Number of shares 100000 share price .001

The number of shares in issue directly affects the price per share for a given Mkt Cap. It is very important to understand the two constituent parts - Quantity (shares in issue) x Value (price per share) when valuing the dynamics of an investment decision.

[horneblower] 20/3/2019 10:09

...then simply quote the market cap.
I agree that companies with huge numbers of shares have often had a torrid, diluted past...but that doesn't mean their future will be the same.
The market cap is what's interesting.
But hey, whatever.

[ridicule] 20/3/2019 08:24

Horneblower, you have missed the point I was making. You have to know the number of shares in issue to calculate the market cap. Number of shares x share price. I was answering your question as to why I had mentioned the number of shares in the case of KZG. In this context it is fundamentally relevant.

A low market cap company with a relatively small number of shares in issue provides much better gearing characteristics than one where the mkt cap is the same, but it is derived from a very large number of shares and a very small share price. Investors often use the term confetti when referring to the shares of such a company for that reason.

[ridicule] 20/3/2019 08:12

Paleje I agree entirely with your sentiment the risks you highlight are real. I have taken that risk now for several reasons:

1. This company has been on a journey since Kennedy Venture days. They have learnt a lot of the hard lessons that the relatively new, but very experienced, CEO has implemented. This has led to successful initial offtake sales of tantalum, that is now clearly of sufficient quality.

2. There are two potential partners, leading to a competitive environment, so a reasonable deal should be capable of being struck.

3. Any asset dilution should be offset by the extra mine acreage that has now been assayed and acquired.

4. When the shares are this cheap, the gearing towards multi— bagging will never be greater. In other words the risk reward ratio is high.

5. The Amerisor CEO, who is close to Giles Clarke, has made a big investment here with his investment vehicle, Tracarta. He will inevitably be in the know, given his closeness to Giles Clarke.

[horneblower] 19/3/2019 19:46

I have never understood people's interest with the total number of shares in issue. Imo, it's irrelevant. They could do a 1 for 100 consolidation tomorrow which would reduce the number in issue to 2.56 million shares and nothing would change. Equally they could do a 100 for 1 split increasing the number of shares in issue to 25.6 billion and nothing would change.
Interestingly, the adjusted share price of companies who go through either process nearly always falls...because that is almost certainly what was going to happen anyway, so I don't recommend it...but it's still irrelevant imo.

[ridicule] 19/3/2019 11:21

Horneblower My point in highlighting the shares in issue was to show there are not as many as a lot of Aim miners. The number also derives the mkt cap when taking the share price into account.

Paleje The two partners who are interested; they may also be off- take partners, reduce the risk of a fundraiser as they will buy in. The KZG asset ownership would be reduced, but that is acceptable to me, given the large expansion of their mining asset through the deals they have done over the past two years.

[paleje] 19/3/2019 08:48

Agreed hornblower. I think we might also assume they could be mulling a cash raise which would be fair enough, I'm not adding for that reason but probably will when, if, that happens.

[horneblower] 19/3/2019 08:26

paleje, I think you have to assume that "by Q2" means before July 1st.

ridicule, were you inferring anything in particular when you point out that the company has 256 million shares in issue?

[paleje] 19/3/2019 07:51

What does 'by Q2' mean? During, end of, or start of?

"The Company now expects that the a JORC compliant resource on Homestead and Purple Haze at the NTI Mine will be completed by Q2 2019..."

Oh and Larry used the word imminent, that's a very elastic word in GC co's.

But nice to see things moving, Larry will hopefully do a proactive piece to elaborate.

[ridicule] 19/3/2019 07:45

In sum, we have a company here with 256 million shares in issue sitting on a highly valuable asset, a water extraction licence to exploit that asset, where two interested big players will be bidding against each other to invest. The current market cap Is £5.78m, yes, I will repeat that £5.78m. The JORC results have still to come in the next 12 weeks or so, but all the evidence to date, including the level of interest from the two big players indicates they will be very positive. This could prove to be an investment opportunity of a lifetime.

[qs99] 19/3/2019 07:33

let's hope so!

[pranchalee] 19/3/2019 07:16

These international groups know the results so they both have shown their hands,now it’d s matter of getting a good deal .The jorc should be ready by end of April exciting times ahead

[qs99] 19/3/2019 07:06

well hopefully today's RNS confirms 1 as the front runner An1mal?! DYOR and here is hoping....