Kazera Global Share Discussion Threads

[tigerbythetail] 31/8/2023 09:00

Come off it. Kennedy Ventures was a Giles Clarke company.
What on earth did you expect from such a man?!? It's all in the public domain. Or, at least, enough of it is. You can say what you like about Align, but they did shareholders an enormous favour by forcing a change in management.
And, now, you demand immediate answers to sensible questions about revenue and cash position. But why on earth didn't you demand them from Giles Clarke and Larry back in the Kennedy Ventures day? Because things were far worse back then than they are now, that's for sure. The TVM sale and the moneys already received from the Chinese has probably saved KZG from going bust.
Anyhow, I assume you actually believe in the company's future but you're just deramping in order to get a lower entry. There - see - I did it back to you. Any idiot can play that game.

[penrith] 30/8/2023 22:29

Thou protest too much. Most on here bought into tantalum and probably did decent research with the information available at the time. Your starting to sound silly particularly with references to Buffet. Genuine investors on here just want answers to:Are payments being received from the Chinese. Is there any revenue from the diamonds.When will HM deliver revenue.What is the cash position. Now you might think that only a manic depressant asks those questions but most genuine investors want answers to those simple questions. Now I know you can not but you should try and portray a slightly critical view of the company when it comes to communications.

[penrith] 30/8/2023 15:40

With those replies you certainly earn your corn.

[tigerbythetail] 30/8/2023 15:22

And, yes, I do know (from experience) roughly what the start-up costs of an operation like the HMS one should cost. $5m should cover it and allow for the time taken to get to first revenue.
Always remember the three most important words in mining are "grade is king". Especially when your "mining" consists of digging up a beach with a simple excavator with almost no associated stripping. And your grades are world-beating. The only problem with the HMS operation is that it lacks real scale, but it will most certainly do for starters.
Frankly, your posts are nothing more than black depressive pessimism without any evidence to back them up. And no, I'm not "aligned" with the company, other than that I'm a shareholder.

[tigerbythetail] 30/8/2023 15:13

Penrith - I didn't invest back in the days when Giles Clarke was pumping the tantalum mine, so I have a different perspective from you.
I invested more recently in a company with a different name, different management, a different line of business (chiefly mining ultra high-grade HMS) in a different jurisdiction, and with a very different balance sheet. Really, a new company built on the smoking ruins of the old one.
It's possible that the Chinese can't make the tantalum mine work and abandon it as a dead loss - I've always had my doubts about whether it is a viable proposition. In which case, my congratulations to Kazera for getting even $5m for it. That $5m should be enough to fund the start up of the HMS operation, which is what I'm here for.
However, it's more likely (I think) that the Chinese are simply paying late and paying slowly in order to protect their working capital position. They must know that it would be hard for Kazera to find another buyer for the asset - buyers for assets like TVM are few and far between. So it's fairly safe for the Chinese to call Kazera's bluff over their threats to cancel the whole deal. In short, I expect delays to the completion of the TVM deal, but I'd be rather surprised (though not totally gobsmacked) if the Chinese handed the mine back to Kazera. They'd have to take a big loss in that case - not only the $5m, but also all the money they've put into the mine and buying up the surrounding tenements. That's more likely around $15m.

[penrith] 30/8/2023 12:58

My own view is the mine has proved uneconomical to develop so the Chinese have pulled the plug and taken a hit. Quite strange really as I invested in a Tantalum mine and ended up with a worn out diamond facility and a radio active HM site. Clearly we are now in a one horse race. Let's hope they get income from HM before they run out of cash. Apparently according to TBT the share price has continued to fall because of no news. We've had plenty of news over the years and it's fallen from 8p to point 8p Lol.

[gbcol] 30/8/2023 11:48

They apparently had others interested in buying it at the time, Dennis confirmed this in an interview and that if the sale to Xinjian falls down then they will go back to those parties (and potentially others). With the $5m paid to date that they will keep, they can accept a lower offer and still potentially be up on the deal. Albeit there is no guarantee that those parties would still be interested.

[penrith] 30/8/2023 10:22

TBT.
I do not consider you a ramper I think you are aligned to the company.
How on earth can you say ...'I'd add that the $5m the Chinese have paid so far for TVM is sufficient (by my count) for the start up of the HMS project.'
You have absolutely no idea of the capital or labour costs associated for starting up the HM project or do you.......
Your keen to re read my posts so go back and you will find I predicted the last raise.
If the mine sale falls apart then there will be zero chance of any interest being paid. The only only good news at the moment is we have not recieved an RNS confirming that the sale is not going through but this is AIM. If the sale does fall through then we will definately need a raise to bring it into operation.

[farrugia] 29/8/2023 15:55

the whole uk market is depressing at the moment. Meanwhile the USA market moves like a virtual video game.

[tigerbythetail] 29/8/2023 09:26

Hi Farrugia!
To which, Penrith will reply, that you are a "ramper". So we can't win!
But seriously, who pays $5m out of $13m and then just walks away without the goods? (Without even considering the money the Chinese have invested into equipping and running the mine (TVM), and the fact they've bought the neighbouring tenements from a third party).
I'd add that the $5m the Chinese have paid so far for TVM is sufficient (by my count) for the start up of the HMS project.
So why on earth would KZG need to raise money?
As for the share price, it certainly is disappointing. Especially considering that AMS are paying 1.5p per share for 29% of the company. But it's just the usual AIM drift down on no news and (ultra) low volume.

[farrugia] 29/8/2023 08:43

if they stop the payments they lose the mine... so Kazera gets to retain the mine and the money they've dispatched so far. Plus there's interest being racked up on the balance owed.

[penrith] 28/8/2023 19:36

Other than the rampers of course do any other investors believe the mine sale will go ahead?
My view is that if the payments have continued then technically they do not have to release an RNS as the payments would be in line with the agreement. If on the other hand there have been no further payments then I would have anticipated an RNS confirming that fact.To me the only way of avoiding a raise would be income generation and other than continued mine payments there is only expenditure.
We are now drifting downwards despite their tweets so some formal communication would be useful....

[nicosevos] 25/8/2023 09:07

And more......Getting there, sloooooooooowly......

Kazera Global Investments PLC
@KazeraGlobalInv
𝗛𝗠𝗦 𝗦𝗶𝘁𝗲 𝗠𝗲𝗱𝗶0302;

Great progress on the spiral plant for processing #HMS.

[outspan] 16/8/2023 14:37

More activity:

[nicosevos] 16/8/2023 09:28

C&P Twitter.

Kazera Global Investments PLC
@KazeraGlobalInv

21h 𝗛𝗠𝗦 𝗦𝗶𝘁𝗲 𝗠𝗲𝗱𝗶0302; ⬇️

~Site operations continue at pace at the Walviskop Heavy Mineral Sands & Deep Blue Minerals diamond Project.

~Baggage scanner and personnel X-ray now installed at entrance to WHM from the secure diamond mining area.

[outspan] 07/8/2023 13:41

Ho ho ho, he wants factual! New definition of "moving on" clearly required!

Feb 22 - "Sold mine late afternoon after 3 years of pergatory." "...Anyway I dont trust them after a year of completely broken promises and my money is now safe..." "...Anyway I’m out so moving on..."

Jul 23 - "...I thought you had been here years like me?..."

Oh dear.

[outspan] 07/8/2023 13:22

Or even £40k...

[gbcol] 07/8/2023 12:19

Penrith, how about the RNS update they gave us a couple of weeks ago or the trading update they gave us a month ago? What are you looking for weekly updates? Daily? Hourly?

I am sure they will let us know when we receive the next payments but let’s not get hysterical here. BTW if you think anyone, however rich is going to throw £32k into something they don’t have high levels of confidence in then you don’t understand much about how rich people get rich.

[penrith] 06/8/2023 22:36

Firstly Red Army, 4 mill at .8 is peanuts to the CEO It's £32 K and it's a gesture. It's done all the time on AIM to give confidence to P I's but normally fails look at what has happened to the share price since.Outspan/Poppyseed. Yes I took advantage at 1.5 p and I presume I have made significantly more from KZG than your good self. Yes when the world company still had the Mine and aquired the sand and diamonds I re invested and hold today over 5mill at an average that currently sees me underwater but not by a great deal.Like many on here who were invested 2 years ago I didn't expect NO production from the Tant Mine, NO Diamond income, and NO sand income.Today We basically have a zero income stream yet are spending large amounts on capital equipment and overheads.You obviously have an agenda on both chat boards but it's not about you and me it's about the continuous lack of factual information and the constant hype.