Kazera Global Share Discussion Threads

[ridicule] 01/9/2021 07:53

Not to mention the complete lack of mention as to how the second source of income is progressing - the Diamond Mine.

[mdchand] 01/9/2021 07:48

Alas our cornerstone investors forgot to tell KZG that all their capital is tied up in other projects and that they can't raise funding against those projects. Not an ideal combination especially as you can refinance most things these days. I'm surprised KZG didnt carry out any DD on the source of these funds and only NOW, have found out any financing is contingent on 'external factors'. Serious blot in my books and technically, looking weak.

[red army] 27/8/2021 08:31

This is ridiculous waiting this length of time for investors to commit. What happened to the due diligence process??

[ladeside] 22/7/2021 19:16

Thanks Dave, not so good in Iron right enough !! but still have high hopes for both.

[bigwavedave] 22/7/2021 11:37

Welcome Ladeside :-)I thought I was the only masochist... but I suspect your timing is better than mine. Only a small position here but it could do well. GL.

[ladeside] 21/7/2021 11:49

Decided to join the Kazera party today, not been in since Kennedy days and already heavy in to ironveld so thought i might as well get screwed over in all of GC's companies as well as being a former Amer diehard !!

Joking aside, I think the 1.25 level is very fair risk / reward for the deals coming off, so more than happy to give it a go.

[sabre6] 25/6/2021 11:42

Who gives a f-ck this board is for KZG

[johncasey] 24/6/2021 13:17

massive rns justout at alba resources...commercial gold!

[cloud9surfer] 24/6/2021 12:56

https://mobile.twitter.com/jet_aero/status/1408012241732096002

[cloud9surfer] 15/6/2021 08:53

https://mobile.twitter.com/AlignResearch/status/1404706764973559809

[red army] 03/6/2021 20:52

Unfortunately I have seen this too often in business. Writing that cheque is the ultimate committment not just talk .

[bigwavedave] 03/6/2021 13:31

People may be sceptical about whether a deal will actually be done...but I am finding it hard to believe this is not 2p minimum at this stage of the game.

[sabre6] 03/6/2021 09:41

No quite right but it may well make them hurry up and do so now as it says the first one to do so wins.

[red army] 03/6/2021 08:20

This is better news BUT neither investor has put their hand in their pockets yet.

[qs99] 13/5/2021 13:53

align still super confident!

DYOR

[red army] 13/5/2021 08:15

Talking about investment and putting your hand in your pocket are two different things. They need to find alternative investors and be busy on this before this turns into a mess. Still remain holding though.

[hedgehog 100] 01/5/2021 22:28

Read Army,

KZG's EUR9,130,000 equates to about US$11M. at current exchange rates.
That's very comparable to FAR's US$12.6M.

Both KZG & FAR are battery metals plays.

Both operate in the developing world.

Both share prices had crashed.

Of course I'm not saying they're identical - no two companies are - but I think it's a useful comparison.

[red army] 01/5/2021 21:24

Hedgehog You are not comparing apples with apples .

[hedgehog 100] 01/5/2021 20:19

The fundraising share price being EUR0.03142 per share, i.e 2.73p/share at current exchange rates (1 Euro equals 0.87 Pound sterling).
I.e. a near 50% premuim to KZG's current share price of 1.85p.

18/03/2021 07:00 UK Regulatory (RNS & others) Kazera Global PLC Diamond Production, HMS Extension and Investment LSE:KZG Kazera Global Plc
"... Financing update
Progress continues to be made on the proposed investment by a local Namibian investor referenced in previous announcements. The terms of the investment package have now been agreed for an overall investment of EUR9,130,000 which will be made in two tranches:
-- the first tranche, payable on completion of banking due diligence, is for EUR6,640,000, being:
o EUR2,490,000 of new ordinary shares in the Company at a price of EUR0.03142 per share (the "Issue Price") and
o EUR4,150,000 of loan with a 7 year term, 5% per annum coupon and convertible at the Issue Price at the Company's discretion;
-- the second tranche is for EUR2,490,000, via a further convertible loan on the same terms as above, drawable on or before 30 June 2021. ..."


Compare to FAR's recent comparable fundraising at 9p:

"15/03/2021 07:01 UK Regulatory (RNS & others) Ferro-Alloy Resources Limited Strategic Investment & Appointment of Chairman LSE:FAR Ferro-alloy Resources Limited
Strategic Investment by Vision Blue Resources and proposed appointment of Sir Mick Davis as Chairman
Ferro Alloy Resources Limited (LSE: FAR), the vanadium mining and processing company with operations based in Southern Kazakhstan, is pleased to announce that it has today entered into a subscription agreement ("Subscription Agreement") for up to US$12.6m with Vision Blue Resources ("Vision Blue" or "VBR"), a company led and founded by former Xstrata CEO Sir Mick Davis, and a limited number of co-investors ("Co-Investors"). Sir Mick Davis will join the Company's board as Chairman following completion of the Initial Investment outlined in the Subscription Agreement. Chris Thomas, current Chairman of FAR, will resume the role of Non-Executive Director on Sir Mick Davis's appointment.
Highlights
-- Total funding package of up to US$12.6m at a subscription price of 9 pence per share (the "Issue Price") comprises:
o An initial investment in two stages of up to US$3.1m by VBR, a company led by Sir Mick Davis, and the Co-Investors including Tony Trahar, former CEO of Anglo American plc (the "Initial Investment")
o Further investment rights granted to VBR of up to US$9.5m at the Issue Price (the "Further Investment Rights")
-- Transaction structure provides a pathway to VBR to acquire 21.29% of FAR for U$11.5m of the total funding package ..."


FAR has since surged to 33.5p (market cap. £114.76 million).

Ferro-Alloy Resources (FAR):

[outspan] 30/4/2021 16:32

A very reasonable thought QS!

[qs99] 30/4/2021 16:00

Still think these should trend to the fund raising share price as a minimum once market believes it is actually happening!

[red army] 30/4/2021 14:38

News coming?

[hedgehog 100] 14/4/2021 18:30

14/04/2021 07:00 UK Regulatory (RNS & others) Kazera Global PLC Due Diligence Completed for Namibian Investment LSE:KZG Kazera Global Plc
"Kazera Global plc, the AIM quoted investment company, is pleased to report that the Board have now been informed that the banking due diligence on the investment package totaling EUR9,130,000 announced in previous RNS's has now been successfully completed.
The Company is now awaiting final confirmation of the transfer of funds, at which point it will make a further announcement.
In anticipation of completion of the investment package, the Company has focused on making the site functionally ready for operational activity to resume. As part of this process, DJ Drilling, an independent contractor, have begun preparing road access in anticipation of the mine once again becoming fully operational.
Larry Johnson, Kazera Chief Executive Officer, commented:
"In anticipation of completion of the investment package, we have been working tirelessly at the mine to make sure that it is functionally ready to restart operations as soon as funds are received. The due diligence process has been a necessary, but lengthy and very detailed process, and we are delighted that it has now been successfully concluded.
"We now look forward to completion of the deal and the receipt of funds, with which we can unlock the value we have from our world-class tantalite mine, as well as accelerating developments in our diamond and HMS operations." "


Fantastic KZG news today, which should pave the way for KZG to become the 'next RBW': i.e. 'a Rainbow Rare Earths', which has risen from 1.5p about a year ago, to its current share price of 19.25p, market cap. £90.61 million.

"Rainbow Rare Earths is a mining company with two major opportunities in Africa: the Phalaborwa Project in South Africa and the high-grade Gakara Project in Burundi, East Africa."


Rainbow Rare Earths (RBW):