Kazera Global Share Discussion Threads

[wanobi] 29/12/2022 11:54

hopefully DE will say more about todays RNS later on today/tomorrow!!

Cheers
Wan :-)

[wanobi] 29/12/2022 11:52

I missed this one, fwiw,,, from 20th Dec (NOT TODAY)...



Cheers
Wan :-)

[kemche] 29/12/2022 11:25

Pharmacal strikes again!

[petomi] 29/12/2022 11:18

I agree Jonesy (1200, very lacklustre trading update on top of failure to produce accounts which they must have been aware of for a while if they are now targetting February release.

One wonders if someone is trying to get the rest of the company sold off cheap.

GLA

[jonesy100] 29/12/2022 09:50

I think it will settle down but not a great end to the year to rush out a poor trading update with little explanation about outlook for the different segments

[wrtmf] 29/12/2022 08:50

will edmonds do an interview today-tomorrow to calm situation?

[toolsmoker] 29/12/2022 08:49

Ironveld all over again here .be carefull most likely suspended for months then deal falls through and placing at .20 grrrrrrrr align strikes again

[philby1] 29/12/2022 07:25

KZG tipped by Align:

[al101uk] 23/12/2022 14:42

Tigerbythetail,

Thanks, I hadn't understood the Heavy Mineral Sands correctly, I'll take a look.

[tomboyb] 22/12/2022 15:38

Similar to scir who are getting $16million -

scir capped at 1.8million so plenty of upside there as well -

Cash is king -

[outspan] 22/12/2022 15:32

Indeed Tiger

Also seeing on Twitter that the 8% on outstanding funds is payable from now until completion based on whole of $13m less amounts paid so far and going forward to end of scheduled payments. This is expected to raise a further $400-500k over the period till completion.

[tigerbythetail] 22/12/2022 14:04

Hi al101uk!
IMO, it's the Heavy Mineral Sands business that has the big upside. The grades are extremely high and the "mining" is as simple as pie. Maybe it helps to think of the ilmenite as titanium ore (with uses in paints and inks etc.) and the garnet as a source of industrial abrasives.
For my money, the diamonds are merely the cherry on top of the pie.
We obviously have a share overhang here caused by the corporate ructions and the change in business model. I'm already invested here, but I'll mull over going overweight as I gorge on mince pies over Christmas!

[tomboyb] 22/12/2022 13:57

Cash is King in these markets -

KZG has more cash than cap -

Look for those that do have cash -

[al101uk] 22/12/2022 13:46

OK, I'll hang fire until new year and try to remember to call in again then.

Kazera looks well on it's way to a transformation, wasn't convinvinced by the diamond business but actually cashing out the Tantalum mine for an amount greater than the current market cap is impressive.

With the diamond operation in for free and plenty of cash to fund further investment, maybe I should start keeping a closer eye on things :-)

[tigerbythetail] 22/12/2022 12:34

Kazera is basically a new company now.
No Giles Clarke (thank God!), new CEO, no tantalum mine in Namibia, prospective Heavy Mineral Sands and diamond venture in South Africa instead. Oh, and a decent amount of cash (more than the current market cap!) coming in to fund the expansion of the HMS business and hopefully return to shareholders.

[outspan] 22/12/2022 11:31

Hi al101uk, reckon it might be an idea to hang back for now till we see the new website and learn more about the shape of the future view, incl expected returns to shareholders early in the New Year (comments in latest StockBox interview refers).

[al101uk] 22/12/2022 09:56

Hi All,

Just nipped in to check out what's going on, nice RNS!

If anyone wants to suggest any updates to the header I'm happy to remove/add what you think is relevant.

[tomboyb] 21/12/2022 15:53

cash is king -

[tigerbythetail] 21/12/2022 09:21

Hi Penrith!
Because the Heavy Mineral Sands (+ sideline in diamonds) business has the potential to be a company maker. Yes Kazera own only 60% of it, but I can easily see how, expanded in due course to include the larger concession, the business could be worth hundreds of millions of pounds. And now Kazera have the cash to fund the separation plant themselves, ensuring they keep hold of the potential profits.
As for the Tantalite Valley Mine, it has been nothing but trouble for years. I wish the Chinese the best of luck with it - they'll need it.
I'll keep KZG under surveillance, but currently I'm thinking five year investment for at least a tenfold return.

[penrith] 20/12/2022 22:31

The question is why would they be selling with the company on the brink of making serious money?????????

[neo26] 20/12/2022 22:14

I dont understand why the mkt didnt like this at all.

[tigerbythetail] 20/12/2022 20:15

Remember that previous $7.5m consideration included a $5m "in kind" investment in needed machinery. KZG were only to get $2.5m in cash. Now they'll get $13m. Some difference!
For my money this is a great deal, and it frees up the company to concentrate on the huge growth opportunity that is the Heavy Mineral Sands business.
Any road, I'm happy. Except with the share price!

[petomi] 20/12/2022 18:02

Difficult to know whether this is a good deal - 'royalty' stream may add to the headline value, and there are probably significant issues and costs getting both tantalite and lithium production going etc, for which the purchaser will now bear the risk (assuming all their funds arrive in Kazeras hands.........). But this deal doesn't look highly attractive against the $7.5m in July for just 49% of the lithium marketing SPV where the RNS said "The transaction values the Company's lithium assets alone at in excess of US$15 million."

And it seems odd that the CEO is talking in the Align interview about distributing a 'majority' of the funds received (by dividends or buybacks) given the opportunities to scale up and optimise HMS production profitably, and other potential opportunities with investment needs. We await further details but one wonders if Align need the money.

But anyway GL to all LTHs.

[tigerbythetail] 20/12/2022 16:50

25m shares traded today - that's c. 4% of the company. As it was one way traffic - retail against a round figure seller - I make it that means our seller has 2% less of KZG after today.
The question is: how many more shares do they still have? And also, is the seller Giles Clarke or SpreadEx or somebody else?