Kazera Global Share Discussion Threads

[penrith] 15/2/2022 07:50

In that case let's expect an immediate return to the share price of 12 months ago, that is 2p+. Roll on 8am....

[penrith] 15/2/2022 07:48

The most bull(ish) yet.

[cloud9surfer] 15/2/2022 07:35

Great RNS. Seem to have sorted all the problems of getting operational without the financial input. Brilliant!!

[ridicule] 15/2/2022 07:33

Penrith. Read today’s RNS. The most bullish yet.

[penrith] 14/2/2022 12:19

Delaying a substantial raise is wrecking the share price

[penrith] 09/2/2022 19:14

I know your game as you put it. I just hope you don't suck to many people into it.

[outspan] 09/2/2022 18:40

You don't know what I did or when I did it or whether I continue to do it but why it should bother you heaven only knows. However, since you're so interested, I'm nicely happy to keep accumulating for the short 3-6 mths, medium 1-2 years and long-term 3-5 years so day to day stuff is pretty much irrelevant.

Oh dear indeed. Anyone with savvy would know my remark was not about "guys", it was about your arrogance that you could stereotype people "like me".

Well, people like me think this must be totally boring for others so I've leave it at that in terms of direct responses to you. You made your decision to leave, great, that's the game. People like me think your timing is awful but you say you are happy and so am I. Perfect!

[penrith] 09/2/2022 16:56

Outspan you said :Penrith, glad your money is safe. Did you ever wonder why it was so easy for you to offload? Once again, many thanks for your assistance in making it much easier for my large top up orders to be filled the other day.Should have waited a few days and got them 20% cheaper.'Guys' nowadays is a generic term .....Oh dear.

[penrith] 09/2/2022 15:11

In June 2020 (yes over one and a half years ago) KZG announced :
Kazera Global plc ("Kazera Global", "Kazera" or "the Company"), the AIM quoted investment company, is pleased to announce the conditional acquisition of a controlling interest in a near-term producing diamond mine and in a heavy mineral sands (HMS) opportunity in South Africa.’
They reckoned everything would be competed within a 6 months time frame.
5 months later KZG stated:
‘Heavy Mineral Sands Project
In light of the delays experienced to date in getting the Mining Permit and the Prospecting Licence issued, the Company and Tectonic have agreed to extend the completion date for the acquisition of a 90% stake in Whale Head Minerals (Pty) Limited to 31 March 2021. All applications have now been successfully logged and are currently awaiting legal sign off.’
Move on a full 12 months from the original announcement to June 2021and they proclaim:
‘Progress on permitting for the Heavy Mineral Sands operations with the Government being made’
Finally under the companies banner headline ‘Record breaking end to year!’
The grant of the Mining Permit for Heavy Mineral Sands, expected before the end of 2021, has not yet been received. The expectation is that it will finally be received early in 2022.
You couldn’t make it up.
As for ‘Record breaking end to year!’ Yep they loose their CEO, pay everyone in shares and go cap in hand for loans to stop them going bust.

[outspan] 09/2/2022 12:36

lol, we'll see.

[al101uk] 09/2/2022 12:29

"Imminently"; never use that word with a GC company :-)

[outspan] 09/2/2022 12:10

Jonesy, personally, I don't think we'll see that financing now, I agree their stance on it should be made clearer and probably will be soon enough. Delayed final results are anticipated this month along with perhaps several other meaningful announcements.

Unlike some, I do think the offer is still there and I don't think a placing is necessary if it's not taken up. Operations have progressed so much under the new broom CEO and, backed by overtures from the largest shareholder, he appears to have arrived at a different strategy, basically organic growth from imminent burgeoning earnings and a whole lot less dilution.

It's understandable that some are dismissive of such a plan until it actually happens. You get no sustainable rewards for words (or lack of them) in this game, only substance does the trick. It's coming though and 2022 will herald the way ahead.

In terms of the awaited WHM licence, I know from experience the SA Mining Ministry moves at it's own pace but I believe all is now in place for the rubber stamp and the publicly available evidence continues to point to this.

As I say, Finals anytime this month, followed by Interims next month and several key announcements to look forward to that can be expected imminently. If the sky is not a whole lot clearer within that timescale, I guess I'll eat my hat as well as my words. DYOR.

[penrith] 09/2/2022 09:56

Raise is a certainty. They are broke. Don't fear a raise it's the only realistic way forward and would properly fund the way forward.

[jonesy100] 08/2/2022 21:45

I continue to hold but do worry about communications though. Repeated silence on the "too good to be true" financing coming from two sources is not reassuring. Nor is the fact that there is no update on approval for Whale Head despite your fantastic post before Xmas. So what is going on? Fund raise accompanied by positive production update?

[outspan] 05/2/2022 13:02

Guys like me? Says it all about you. Well in profit already thanks, thanks for your concern, looking forward to quickly and significantly building on that this year and then some beyond.

For me, it's very soon set to become a truly remarkable AIM growth stock, a long term hold. But what do guys like me know so DYOR?

[penrith] 05/2/2022 08:56

Outspan you answer your own question guys like you made it easy for me to sell. Thanks. As for Align they are self confessed cheer leaders. How long before next raise one month? Anyway I'm out so moving on. Hope your not to deep underwater.

[outspan] 04/2/2022 17:06

QS99, Align haven't been banging on about that for some time. As the major shareholder, and under the new CEO's direction, they are actually now pushing for Kazera to go forward with operations from imminent burgeoning earnings and without recourse to significant dilution.

"...It seems the delayed Namibian investment at 2.7p continues to act as a drag and is becoming something of a poisoned chalice. Our own discussions with management have made it clear that given the material newsflow this last several weeks that they believe that the development of Tantalite Valley Mine can be funded from internally generated sources. As largest shareholders we welcome this and can also confirm that some of the speculation of a placing in certain quarters is completely wide of the mark. We point investors to comments from management in the last few RNS’...."

Penrith, glad your money is safe. Did you ever wonder why it was so easy for you to offload? Once again, many thanks for your assistance in making it much easier for my large top up orders to be filled the other day.

[bigwavedave] 03/2/2022 20:30

IRON issued an almost identical RNS today and the share price went up. Funny old world.

[qs99] 03/2/2022 18:01

Paid research keeps banging on about a 2+ fund raise but not seen that either? Now a year old....Align not very "aligned" are they? DYOR

[penrith] 03/2/2022 17:59

outspan:
The 250 has gone. They are burning at a rate greater than 75K a month or they wouldnt have made a raise. They are broke, the key guy disapeared because they couldnt pay salaries. When a company cannot meet an invoice of 75K after having had to borrow 250K only 3 months ago then ......
Anyway I dont trust them after a year of completely broken promises and my money is now safe. Keep on in there thats your choice...

[outspan] 03/2/2022 14:50

Oooh, you're nice aren't you? What's with the attitude? Where did I say 250k was still available? They've been drawing it in tranches as anyone like myself who reads RNSs (and more) would know. As I said, they did not borrow 250k 3 months ago. Rather, they made arrangements to do so up to 250k just like I said first time.

If we're getting personal - 3 years a holder and you choose to sell now?? Good heavens, what staggeringly bad timing!

[penrith] 03/2/2022 12:55

Outspan:You say:They didn't borrow ?250k 3 months ago, they arranged to borrow up to that amount if and when it became necessary to draw down.Oh dear read the RNSs . Why do you think they have diluted. If you think that 250k is still available you shouldn't be investing I'm afraid.

[cloud9surfer] 02/2/2022 22:12

The term 'settle the fees due to certain contractors' would also suggest that the work/upgrades undertaken by these contractors has been completed. More than happy to hold and buy on the dips. News about HMS is expected in the very near term as well as other production positives. The fact these contractors have had their fees settle would suggest very imminent news IMO. DYOR!!

[red army] 02/2/2022 22:08

Willing to hold and keep the faith with the contractors If they don't know the potential then no one does.

[outspan] 02/2/2022 21:42

They didn't raise £75k, they paid a contractor in shares. They didn't borrow £250k 3 months ago, they arranged to borrow up to that amount if and when it became necessary to draw down.

Ever thought that the contractor might know more than you and might have actually asked to be paid in shares @ 1.25p in KZG at this pivotal time? KZG being happy to do so to keep cash in the business?

They were very open about how tight things were in these 3 months ahead of becoming cashflow positive. Anyway, all the best, thanks for providing the stock for my welcome top ups ahead of the transformation.