Kazera Global Share Discussion Threads

[outspan] 20/7/2023 15:02

Wonder if the other Directors might also have a nibble...

[tigerbythetail] 20/7/2023 10:01

Yes, real money CEO buy on open market - never a bad thing!

[landersd] 20/7/2023 09:31

nice £40k buy on open market from Dennis Edmonds

[outspan] 19/7/2023 16:48

Now looking like today's unwarranted drop might have been about filling an order.

[outspan] 19/7/2023 16:19

I think most would bring out the current sum of the parts calculation at well North of the current market cap but, in any case, it's likely that AMS's game is not the present but the future and how they themselves will contribute to it. A longer game.

[penrith] 19/7/2023 15:04

Still on mine showing as 2days old.

[tigerbythetail] 19/7/2023 13:57

Oh, a penny for the thoughts of AMS...
I know that volume is negligible, and as soon as a sizeable buyer emerges the share price will shoot up, but AMS could currently buy 2 shares on the open market for every one they are purchasing from Align at 1.5p.
Somebody has got this share price badly wrong for sure - either AMS or us PIs.

[landersd] 19/7/2023 08:21

penrith

the tweet has definitely gone from my feed

[penrith] 18/7/2023 22:04

The resident ramper on LSE also comes up with a similar explanation.
The strange thing is that the tweet is still live on my feed hence the ability to copy it.
Im afraid the whole 'twitter' thing with KZG is very childish. Its difficult to take their RNS's seriously let alone their twitters.

[tigerbythetail] 18/7/2023 21:32

OK - to break that mysterious "ghost" Twitter post down...

1. Xinjian already have operational control of TVM. And they are paying all costs at TVM already.
2. They don't have 100% ownership of TVM; not until a further $8m or so is paid.
3. "Kazera to invest in other projects without issuing equity" - DE has already said that. The implication has been that they will be further HMS projects introduced by major shareholder AMS.
4. 2.5% life of mine debenture over TVM - that's already been announced. Old news.

So the new "news", if any, would be the accelerated payment of the money owing for TVM. If it does turn out to be true, (which I rather doubt), I bet the Chinese managed to negotiate a discount (up to 10%?) for early payment! Even so, it would be great news for KZG.

[penrith] 18/7/2023 15:36

Xinjian gains operational control, 100% ownership.Kazera to invest in other projects without additional capital raising. 2.5% debenture payment for Tantalite Valley Mine life. More: buff.ly/3MvPMG8Mmmmm if only!KZG twitter....what is going on???

[outspan] 17/7/2023 11:02

Absolutely TBTT, the diamond licence/operation has to be seen in exactly that context - a significant barrier to entry for any other player here. Once they properly prove up the HMS concept, they could scoop up the whole area without facing any serious competitor.

I agree that the HMS is the company maker here but, with AMS having now achieved full voting control over the 280m shares they're buying at 1.5p, I'd add "for now".

[tigerbythetail] 17/7/2023 10:03

"They've got funds" is no small thing for an AIM miner!
If you add up the likely current cash balance and the money still owing for TVM it equals roughly the current market cap.
Hopefully, DE can spend the money effectively! I'd agree with giving him the benefit of the doubt for now (there is always doubt, this is AIM).
IMO, it's the HMS that is potentially the company maker here. I believe the diamond mining operation will turn out to be profitable, but it's always going to be small-scale. That said, the (very hard-to-get) diamond mining licence that KZG has provides a key "moat" around the HMS business, so it's not irrelevant.

[al101uk] 16/7/2023 21:45

You're right, they still have to prove up the diamond mining business... only potentially marginal.

But I think the moves they have made so far have done a couple of things:

1. They've got funds.
2. They've found some carrots

That's two steps further down the road than they were. Will the carrots turn out to be a mirage? Who knows. If this was still GC I would assume the company was still some way away from actual progress. But this management appears to be making meaningful change, as of right now I'm willing to give them the benefit of the doubt.

Still on the fence about chucking any money at them yet though and if I do, it'll be play money... 0.5% of my portfolio.

[wrtmf] 16/7/2023 10:34

less than marginal. can kazera make a go of the hms?
lots of carrots in october interviews

[al101uk] 15/7/2023 17:02

wrtmf,

The diamond mining is marginal in my view as I said above. The point is that Alexkor is state owned so animosity between KZG and Alexkor such as we saw under GC cannot be a good thing. Having Alexkor onside gives KZG more opportunities, not less. What they can make of those opportunities, if anything, is yet to be seen.

[wrtmf] 15/7/2023 07:56

plse show me rns where alexcor with their very good relationship with kzg [interview] have sold diamonds in the last 1.5yrs

[penrith] 14/7/2023 20:58

I tend to take the position that AIM miners and oilers are run as something approaching a scam until proven otherwise.Wise..

[al101uk] 14/7/2023 20:47

Looked at the interview and you're right... "every $ paid is lost if the deal falls through"... he couldn't have been clearer!

Thanks for the link.

Penrith,

Sorry for scaring you, I did put a question mark after the line you quoted :-)

I tend to take the position that AIM miners and oilers are run as something approaching a scam until proven otherwise. Possibly too long watching Giles Clarke in action where anything unsaid is generally the worst case scenario.

Need to watch the rest of the interview now.

[penrith] 14/7/2023 17:09

Phew! That was worrying.

[tigerbythetail] 14/7/2023 16:29

I crossed as well!

[tigerbythetail] 14/7/2023 16:28

al101! That's really not how business is done; no sane person would enter into that kind of arrangement. (I speak as a former CEO of a PLC equivalent).
I'm sure GBCol and DrRadcliffe are right. If the Chinese walk away then they lose the money they have paid to KZG. Plus the money they've spent on kitting out and running the mine, plus the money they've spent on buying up the neighbouring tenements. Which would be a crazy thing to do, unless they were absolutely convinced the mine was a complete bust, and that it wasn't worth throwing good money after bad.
As said, I expect the Chinese to pay as late as possible, in order to preserve their working capital position. But they will pay up eventually, barring disaster scenarios.

[outspan] 14/7/2023 16:27

Apologies. Crossed with other contributors saying the same thing.