A break above 1.8 would be positive hopefully not just above |
Nice move up towards the end. Something brewing! |
L2 - 4 @ 1.60 v 1 @ 1.70 |
Reviewing the video, I would say his upper-end estimation of ebitda has gone up quite substantially from the last Optimo report (which was released only 1 month ago).
From the report:-
'Initial expectations on a modest throughput of approx 6,000t per month from Walviskop are anticipated to generate a monthly profit of US$300,000 a month or US$3.6 million a year.
However, he was happy to state between $3m to $5m in the video, and I can't believe he made up the $5m upper end without some justification / validation. Whether that is higher t per month, or as suggested above, refining the sands further for a higher factory price. |
Another short Dennis interview from this week. Nothing new but sounding positive |
If the monies been received and you should know then I am happy. The £5k top sliced at 1.77 has just been repurchased this morning so tonights pizza will have a luxury topping.Cheers.GLA. |
For the last time. If the Co had not received the Fujax payment it would have to have been RNSd.
I can tell u that it HAS been received.
What Dennis was saying ydat=y is (a) and most importantly, the plant is working & they are producing HMS and (b) as a consequence of this & the deal with Fujaxm they are working out whether to sell bulk sand or separate further for a higher value product(s).
Accepted it was a short interview and Dennis not at his best!
Penrith - relax. |
We have to remember that Dennis didn't need to do this video and whilst I agree it was not the best it gave us shareholders a little update on what is going on.The last news said we wouldn't be sorting out the payments and deliveries until March sometime and this has not changed other than the fact he has filled in a few gaps for us on his whereabouts and what his agenda is and will be.I am not worried by this at all and just looking forward to hearing the final details ref what we have all been waiting for a very long time in getting paid for the product we have removed from the ground/sea and moving forward into a new chapter in the saga of KZG. |
Penrith,
Does this look like a worried man? |
I am not worrying it is just one share lol .I am pointing out that the interview the presentation of the interview and the content of the interview was very poor.The guy is a very poor communicator and comes across poorly in my view. You have to agree that was not a good exercise in clarity.What concerns me is clarity. Have we received the monies that would confirm the deal. Yes or no. If we have then that would confirm what the RNS said and we are in good shape. If we have not then we are in big trouble. As a shareholder that is a legitimate question to ask. That is not being worried It is what shareholders do.To sum up. Have we received the payments or not. |
Penrith,
I think Dennis showed supreme confidence, shirt unbuttoned, visiting the local garden centers to pick up some plants while he's in South Africa and enjoying the weather. Looked like he'd been sunning himself for a couple days too.
If he'd looked more laid back I think he would have fallen off his chair.
I'm looking forward to his video of the ongoing operations and hearing how much money we can get from Fujax over and above the $50 MINIMUM they already signed up too.
Hebei have the assets (SLAM DUNK), Kazera have $600K in the bank and Dennis probably has some new Proteas by now.
I am a bit confused by Hebei STILL HAVE the assets though? What's the hold up? |
copied from AGBR over at LSE. Whale Head minerals have a deal with Fujax SA to take 6,000 tonnes HMS a month. But from conversations with Dennis at the AGM it's apparent they are still working through options they have for varying percentages of local processing. The more it's processed at WH , the less unusable component in the product, the more they get per tonne. This obviously affects shipping costs as well.You really need to stop worrying Penrith! |
Well what was the point of that interview other than to confuse. The only fact that came out was that the weather in South Africa is good.We supposedly already have a signed agreement and 12 million dollars in the bank or have we?If that interview was to give reassurance then it failed miserably. Something is not right. |
Kazera Global CEO to Visit Mining Site & Conclude Sales Agreements |
Tiger u are wrong. Hebei have assets in excess of our debt in Namibia. |
Richie reckons it's a slam dunk and I am sure his knowledge is greater than ours. Though he did also reckon we would be at 2.5 by the end of Jan. Time will tell. |
"with an expedited timescale for conclusion of 60 business days from the initiation of arbitration proceedings."
"If the payment had not been received it would have been RNSd"
Why would Kazera RNS a missing $600k payment but not RNS the loss of $10 million?
Both must be true or neither and we have the MAJOR SHAREHOLDER and best mate of the CEO telling us it is the former.
SLAM DUNK! |
Arcadia (that is the owners of the neighbouring tenements to Aftan TVM mine) have cut their relationship with Hebei, due to non-payment / non-delivery of equipment, and are looking for a new partner to continue with their own development.
It seems pretty clear now that Hebei don't have any money for anything. So, it doesn't matter what any arbitration decides, really. Hebei can't pay, and Kazera still own the Aftan TVM mine. I guess it goes back on sale now - maybe somebody wants to buy it as part of a package with the Arcadia tenements. Or maybe KZG hold it for possible future development once solid cash-flows are established from the HMS business.
IMO, Kazera were lucky to get the $5m they got from Hebei. It most likely saved the company. |
FANTASTIC NEWS!!!!
"The Company has instructed its attorneys to commence arbitration proceedings with immediate effect. Arbitration will take place in Windhoek, Namibia, with an expedited timescale for conclusion of 60 business days from the initiation of arbitration proceedings."
That's over $10 million in the bank!!!!!
As Richie says (for $600K) if it had not been received we would have had an RNS. So this MUST be resolved!!!!!
Get your wallets out people, most of the market cap is covered by cash, maybe the 34 sieves are being built as we speak.
A $1 BILLION asset coming online in the next few weeks!!!!
No wonder Richie said the arbitration was a slam dunk 🚀🚀🚀🥳9395;🥳Ԇ40;🚀🚀; |
Penrith relax.If the payment had not been received it wouls have been RNSd Fujax are a completely different beast to Hebei.Trust in Dennis |
· Fujax will be responsible for, and shall carry all the costs of, transporting, processing assaying and selling the HMS, together with paying all taxes, levies, duties, custom clearance, loading and other charges.· Fujax will prepay WHM US$600,000 in two equal tranches in December 2024 and January 2025.?No confirmation of these payments . Is this becoming a replica of the failed Aftan agreement?Interestingly in The interview with TMS Dennis was asked the direct question are Fujax likely to renage on the deal and Dennis answered Let us see but I have every confidence in it. That to me is very worrying. He should have said that the deal was completely secure as we have already received 600000 dollars. |
We've been told a $billion asset, $80K per month from Diamonds, a slam dunk settlement from Hebei, over $4 million a month from BEE and between $50 and $100 per tonne from Walviskop.
You don't get a $billion asset at $50 so I expect the upper end of that estimate.
THAT is what I am looking for, why would anyone settle for less? 🤔
You'll never see £1 by Valentines with that attitude my boy. |
I am looking for the diamonds to finance the full operational costs of the current HMS project. If they do that I will be pleased.It's common in copper mining for the gold extraction to finance the copper mine. |
wrtmf,
I don't know what the article writer was smoking when he wrote that, but we've had it from the horses best mates mouth that our diamond prices have been booming!!!! 🚀🚀🚀
Optimo Cpaital (Oct 24): "We are guided to expect a monthly profit of US$30,000 or US$360,000 per annum."
Richie666 (above Jan 25): "Plus diamonds (I estimate $80k per month here). That alone sustains current mkt cap."
So I'm afraid OUR DIAMONDS have nearly tripled in value over the last few months, but unlucky for the rest of the market I guess 🤔 |
the diamond market |
Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.
Hot Features
Premium
