Kazera Global Share Discussion Threads

[wrtmf] 11/5/2023 21:15

up to 2000t/m hms concentrate output and sale from pilot plant
[caption to one of the pics]

[outspan] 11/5/2023 10:54

Yes, formal confirmations would be welcome but, meanwhile, at least Align confirmed all is on track in a Twitter conversation the other day:



Quite a little chat ensued, where RJ also confirms he holds the Put Option, meaning that AMS have an obligation to buy! That adds some certainty to proceedings. Also had a bit to say about AMS involvement in the future.

Pictures of the interim HMS kit being assembled now being trailed on Twitter but have already been added in greater number to the Gallery on the website:

[gbcol] 11/5/2023 10:31

Yes seems Spreadex are back over 3% which is a bit strange.

Surprised that we haven’t had confirmation that AMS have taken over the second tranche from Align. I think that will be a useful milestone to reach as they won’t be bringing any of the hinted at investment opportunities before that happens IMO.

Would like confirmation of further payment(s) for Aftan asap too.

I’m still building my holding here so in no great hurry but there’s never a bad time to get positive news.

[wrtmf] 11/5/2023 09:33

spreadex back over 3% if i'm reading it right

[wrtmf] 10/5/2023 00:45

nearly ready to move forward with the double deck screen n spirals

[wrtmf] 20/4/2023 19:47

bye bye spreadex [sub 3%]

[jonesy100] 20/4/2023 13:01

Thanks. Good presentation although it exposes very poor previous communication on the diamond sales. Can anyone remember being told of all those problems getting to market? Fingers crossed from here

[goneawol] 20/4/2023 08:47

Yesterday's presentation

[wrtmf] 19/4/2023 15:18

tbtt
thanks from me also for summary. maybe the gc/spreadex 10% will be held to benefit from the company transformation, q4-23 into 2024?

[tigerbythetail] 19/4/2023 14:40

Chrysalis -
£9m market cap with no debts and over £1m in the bank, $9m in cash still to come in this year, and the start up of potentially highly lucrative heavy mineral sands mining due in phases over the next 5 months?
And when an industry buyer is willing to pay 1.5p per share for 29.9% of the company?
I'd place that firmly in the "pretty astounding value" category.

[tigerbythetail] 19/4/2023 14:37

It will be interesting to watch AMS's next move here.
Over 10% of KZG's shares are clearly "on sale" if there is a willing buyer (the Giles Clarke related and Spreadex shares). That's why the share price is down here despite AMS buying Align's stake for 1.5p!
IMO, if they have the desire and the money AMS could take these shares out in bulk (another 1.5p bid would surely do the trick) at the same time as they formally take the voting rights of the 29.9% Align stake (with their next payment to Align - coming soon).
That would leave AMS with a 40% stake and the requirement to make an offer for the company (at 1.5p again?). I can see why AMS would do this - it's a cheap way to get hold of some valuable assets and to possibly secure an AIM listing via a reverse takeover.
IMO, it's almost a no-brainer. As long as they have deep enough pockets...

[gbcol] 19/4/2023 13:46

Thanks for the summary TBTT. I was mid-flight so couldn’t tune in but will watch it if/when it’s available on their website.

[tigerbythetail] 19/4/2023 11:51

Presentation good as far as it goes, but I don't think it will move the share price today.
The bad news:
1. from one slide it seems our "junk" shareholders (i.e. Spreadex and Giles Clarke allies) still hold about 10% of the company. Those shares will need to be chewed through before the share price can move up. (This I think is the real reason for the share price being so low, despite AMS buying 29.9% of the company for 1.5p per share from Align.)
2. No income from diamonds yet - delays with Alexcor in processing and selling the diamonds. Did promise news of sales (!) in a few weeks.
The better news:
1. Trial mining of HMS to begin end of May with first revenues shortly thereafter
2. Full scale mining of HMS to begin end of September when new plant is installed.
3. Chinese have paid $3.5m to date for Aftan and are up to date with payments at the moment. They've also ordered equipment and are exploring the purchase of other concessions nearby (as well already knew). So the chances of them backing out are pretty limited at this late stage. $9m still to come by end of year.
4. AMS should pay Align the second tranche of the money due for their shares in a week or two, at which point the voting rights of all those shares (29.9%) will become theirs. That may be an interesting moment(!).
5. Over and over, DE emphasised that HMS is the company maker here.
I'd certainly expect the share price to be over 2p by winter. When it will move, I don't know. But - unless there is a nasty surprise hidden somewhere - move it must, sooner for later.

[wrtmf] 19/4/2023 09:53

'Exploration for heavy minerals along the coastal strip of southwest Africa led to the discovery and subsequent delineation of the Namakwa Sands deposit near Brand-se-baai in 1987. Currently, Tronox Limited controls the Namakwa Sands operation, which has developed into a significant, global producer of titanium slag, pig iron, ceramics quality zircon and rutile concentrates. The Namakwa Sands deposit is classified as a megaresource with 1.17 billion tons (Bt) of in situ ore, containing an estimated 92.6 million metric tons (Mt) of total heavy minerals and the equivalent of 23.9 Mt TiO2 units and 9.4 Mt zircon. The siliciclastic, arenaceous deposit is divided into two adjacent orebodies, referred to as Graauwduinen West and Graauwduinen East....'

don't know if relevant to rns ref namaqualand


Geology_of_the_Cenozoic_Namakwa_Sands_Heavy_Mineral_Deposit_
West_Coast_of_South_Africa_A_World-Class_Resource_of_Titanium_and_Zircon

[penrith] 19/4/2023 09:26

Sadly there will be nothing of significance today its just publicity. More smoke and mirrors. If there was anything of real significance to be said then they would have had to release an RNS.
Im busy doing other things that are more important than their waffle so wont be viewing.
Give us a factual RNS with real numbers and stop faffing about.

[tigerbythetail] 18/4/2023 10:12

I think we can get too hung up on "will the Chinese pay / won't they?" for the Tantalite Valley Mine / Aftan.
They have paid about $3m so far - $3.5m if the payment in the last RNS confirms tomorrow. That's "investment" money they will have had to get out of China, which is a genuinely difficult process (I know this from experience).
Additionally, they will have invested money into new equipment for the plant. Judging by previous RNSs, we are talking about several million dollars ($5m in real money?) for that as well.
So, they are in way too deep to turn back easily.
Hopefully, they are now producing both tantalum and lithium, and they can make the remaining payments due to Kazera from the mine's revenues (i.e. no China exchange control problems).
To be honest, I half-expect some of the payments to come late, because mining is like that. But, unless the Chinese discover some problem of such seriousness that they are willing to abandon the whole venture and write off the money already paid and invested, they will pay eventually. Kazera only transfer legal ownership of Aftan once the payments are complete!
How long will it take for the market to realise that (as a consequence of off-loading the problematic TVM/ Aftan assets) Kazera is now well-capitalised to exploit the truly excellent Heavy Mineral Sands business opportunity that they have in South Africa?!?
It seems a long time!

[wrtmf] 18/4/2023 07:06

t minus 1
[but more crucially, will xinjian pay up this month?]

yes, we're selling tantalite valley mine, but what's happening there currently? how much have xinjian developed the site given lith/tant were to be in production/sales about now under the previous deal? does kzg still have representation at tvm site to ensure raw material is not leaving the site?

[wrtmf] 16/4/2023 10:37

thurs

13-Apr-23 14:54:21 0.9495 8,000,000 Unknown* 0.90 1.00 75.96k
13-Apr-23 14:54:34 0.95 8,000,000 Unknown* 0.90 1.00 76.00k

rollover?
isa transfer?

[wrtmf] 16/4/2023 07:20

looking for news on completion date of the intermediate hms plant with double deck screen and spirals which is going to produce large samples for a prospective buyer. that's the minimum i'd like to take from the presentation. an indication on more regular diamond auctions of our product would be a bonus...i haven't found anything in rns to suggest we have sold diamonds since q1 2022!

[wrtmf] 14/4/2023 16:21

stockbox interview - he repeated 4 months, so i'm just raising a yellow flag that the 4 month line is not repeated unchallenged given live questions can be submitted.

? [investor-meet-company, 19apr]
4 months to build, 2 months to calibrate [stock box interview, 19mar]
4 months to deliver [28feb rns]

[outspan] 14/4/2023 14:56

Unlike other forums, IMC do not interview the presenter. What we'll get is an initial presentation followed by questions, whether submitted in advance or on the day/at the time.

So, just making the point that whether he is "allowed" or not will come down to the questions the likes of you and me put to him. He did also talk of a couple more months to commission the plant following delivery though (StockBox interview, KZG website home page refers).

[wrtmf] 14/4/2023 10:32

by the time of the presentation, de shouldn't be allowed to get away with saying '4 months', should be closer to 2.5 months/10 weeks...3 months at a stretch...

'The Company has also placed an order for the manufacture of equipment to undertake the separation of HMS at its Alexander Bay site. The equipment, on which the Company has made a substantial downpayment and has sufficient funds to complete the purchase, is expected to be delivered in approximately four months' [28feb]

ahead of schedule, in reality, would be lurvely...

[wrtmf] 11/4/2023 07:09

get your q's ready...

--
11 April 2023

Kazera Global plc ('Kazera' or 'the Company')

Investor Presentation

Kazera Global plc, the AIM-quoted investment company, is pleased to announce that the Company's CEO, Dennis Edmonds, will provide a live investor presentation via Investor Meet Company on Wednesday 19 April 2023 at 11:00 am BST.

The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via the Investor Meet Company dashboard up until 9 am the day before the meeting, or at any time during the live presentation.

Investors can sign up to Investor Meet Company for free and select to attend the Kazera Global plc meeting via:

Investors who already follow Kazera Global plc on the Investor Meet Company platform will automatically be invited.

For further information on the Company, please visit: www.kazeraglobal.com