Kazera Global Share Discussion Threads

[jackruss2] 27/9/2023 16:17

Blimey, lots of selling today. Is there anything we should know? AMS paying 1.5p and could buy them open market for less than 0.7p, it all doesn't quite make sense.Very frustrating indeed just watching your investment drip feed down and down and down.Even DE is a bit down on his purchase. It looks like some more waiting is required, for a change!

[gbcol] 23/9/2023 17:44

The licence for dealing with the radiation issues has been submitted, so the clock for receiving that is ticking and they have started getting the plant and processes in place to deal with the materials. Some clarity on likely timescales would be useful but may be out of Kazera’s hands to a large extent.

[penrith] 23/9/2023 17:05

Much appreciated GBcol.I agree that if a further payment had been received then an RNS would have been issued. It's difficult to imagine that the Chinese would have parted with 5 mill without significant due diligence. My view is that the deal will ultimately be concluded but on a longer timescale and certainly without any interest payments.The diamonds that were being hyped 2 years ago looks a busted flush. The HMS looks like revenue could be many months away due to the radiation issues and that really concerns me. I don't believe we can rule out another raise in the meantime. That wouldn't be the end of the world but a definite disappointment particularly in view of the current share price Again in my view grade isn't king.... Cash is king

[gbcol] 23/9/2023 13:33

Further to my previous post relating to my email to Kazera (which DE responded very promptly to), there wasn’t obviously any concrete new information in there. They do however seem to be expecting to have something to RNS in the next week or so. We will have to just speculate on that until it comes out.

It’s speculation on my part but I doubt they have received any more payments from Hebei. I think they would RNS it if/when they get paid any more. Maybe they are expecting a payment imminently. We already know this, but Dennis confirmed again, that all the funds paid to date can be kept by Kazera if Hebei default (or at least if Kazera decide to pull the plug because of default).

I’m not tainted but the frustrations of being a long term holder here but if there is no news in the next few weeks then I’ll be contacting them again. If others do the same it can’t hurt. I’d be disappointed if we haven’t had a positive update by this time next month.

[outspan] 22/9/2023 22:09

I too have no trouble getting a response from Dennis whenever I've written. As you say, credit to him.

[gbcol] 22/9/2023 18:43

Just to say, I emailed Kazera today and got a reply from Dennis Edmonds within an hour. I’m away at the moment but will try to post later albeit as you would expect, he couldn’t tell me anything that’s not in the public domain.

Credit to him for replying at all though.

[gb904150] 22/9/2023 17:18

Penrith - your questions are very good questions. We should be getting answers to them. Perhaps we should all push the BOD for them.

TBBT - your posts are very sensible and pragmatic. Thank you for them.

Yes, there is a news drought and so there's not much to talk about in the interim but nothing being discussed is that unreasonable.

I hope we get more of the Aftan/TVM money. Already $5m is a good start but China has some well documented problems and I can imagine it's not straightforward a) getting the liquidity in the first place and b) getting the money out of the country at the moment.

[penrith] 22/9/2023 17:05

Wow that touched a nerve!
That reply is so over the top it is silly in the extreme. What motivates you to write a reply like that to another poster who simply demands an answer to 1)Please up date us on the mine sale in particular what further payments IF ANY have we recieved since June. 2) What revenue have we recieved from the diamond venture. 3) Are we currently recieving ANY revenue from any scources or is it just expenditure.
Why are you so desparate to contradict one other poster in such an aggresive way when I am only suggesting WE as shareholders demand legitamate answers to those simple questions.
I would bet the vast majority of shareholders in this company are significantly underwater. I would think they are not happy with that or the lack of information regarding the points I raise. You on the other hand hold there torch high and condemn
me at great length for constantly posing three questions that most want answering.It doesnt relly make sense.....
I believe for some bizare reason you have trawled through my posts so you know full well that in the years I have invested in this share the price has never been above 2p. Currntly my holing is 30% in the red but in truth that should only be of interest to me , not you.
I am not the enemy the enemy is the lack of information that we are all entitled to.

[tigerbythetail] 22/9/2023 15:17

Penrith -
You speak for nobody but yourself. Can't you get that through your head?
And I do NOT work for Kazera in any way. I'm just a PI who likes the look of the HMS opportunity.
Unlike you, I actually do proper research. I watched Giles Clarke's famous interviews regarding Aftan / TVM and Kennedy Ventures back in the day, and I concluded that he was untrustworthy. I also had doubts about the constant and seemingly organised ramping of the share over on LSE. And I've been around long enough to know that re-opening an old and previously bankrupt mine is usually a loss-making proposition. (There's almost always a good reason why the mine went bust the first time round).
In my opinion DE did fantastically well to sell Aftan / TVM to the Chinese. I hope the Chinese can make it pay but I have my doubts. KZG have already received $5m for what I consider to be possibly worthless real estate, so that's good. Let's hope they can get the remaining $8m for it as well.
I make it that $5m is enough to finance the start up of the HMS operation, so a critical milestone has already been passed. I have no idea what revenues the diamonds are bringing in, but in any event we should remember that it is a small scale operation. So, any way up, it's not a deal-maker or deal-breaker.
I get that you've lost money here. And if you invested at the heights of the Kennedy Ventures spike (15p or so) then it's unlikely to be coming back. There's a chance that KZG could become a ten-bagger from here, but that would still leave you 50% down. And I get you're angry about losing money. But you should direct your anger where it belongs - at Giles Clarke and Larry etc. They are the ones who are responsible for your losses. That is, if it isn't you.

[penrith] 22/9/2023 14:37

Great.If WE all just email them for an update on the progress of the mine sale and the revenue from say the diamonds sold that would be great.ATB

[gbcol] 22/9/2023 14:03

Well if you have emailed them and got no response that’s not really on, albeit they aren’t likely to tell you much anyhow.

Anyway I’ll have a crack at emailing them and see if anything comes back. Maybe if they get a few shareholders contacting them they may put out an update but I expect they are waiting for something positive and tangible to put out, which may be a month or two away yet.

[penrith] 22/9/2023 13:02

By WE I mean WE the shareholders who have invested and deserve better communications from our directors who WE pay. When it comes to honesty and communications this lot are as bad if not worse than the last lot. I repeat ONE Have we received any more cash for the mine. TWO are we receiving ANY revenue. THREE Why are you not updating YOUR shareholders. By the way I have no loyalty for any company I invest in. I invest in them solely for profit. I invest in them and expect them to earn their salary by managing the company properly and treating their shareholders with respect. You constant support for them is obvious and expected. KZG WE your shareholders want an update.Yes I have emailed them requesting all the above and guess what...diddly squat

[tigerbythetail] 22/9/2023 11:35

"Grade is king."
Bluejay was once AIM's darling on the back of the discovery of the Dundas deposit, but PIs forgot to consider the importance of these three words. There's quite a difference between a 2% grade and a world best c. 50%. Especially given that KZG's heavy mineral sands "basket" is worth more. And it doesn't involve mining in the far north of Greenland (six months of polar night, icebergs, storms, no civilisation of any kind near etc.), but just scooping up sun-kissed wave-replenished beach sands.
So the comparison does go to show that KZG's business opportunity is far more attractive than Bluejay's ever was. Even though Bluejay once had a market cap of over $100m, I believe, and even now (with Dundas failed and them having almost no cash) it's still in the region of KZG's current market cap. AIM, eh!
By the way, you should using "we" when you really mean "I". You're not really royalty, are you? Or are you?

[penrith] 22/9/2023 08:19

Not sure comparing a failed enterprise with KZG helps the case.By the way you said It's located in about the most remote place on earth. Actually shipping distance from Steensby is approximately 3000 nautical miles from Europe with The USA 3500. Southern Africa is 5000 from Europe and 7000 from USA.Anyway it's all irrelevant what we want to know is have we received any more cash from the mine sale and any revenue from anywhere. Their silence is absolutely ridiculous. We demand and deserve an update.

[outspan] 20/9/2023 22:09

Don't see an offer coming, not for the listed Co anyway, not the game here, much more than HMS in due course via AMS relationship.

An offer for a particular investment at some stage, yes, for sure because, as an investment company, that is the game here.

[penrith] 20/9/2023 20:21

Silence for two weeks then a rise of 3.5% and they start to appear. A low ball offer ...of .015 would be orgasmic IF you are allowed to say that. Bring it on LOL.

[tigerbythetail] 20/9/2023 14:07

That thought has occurred to me as well.
Remember AMS are in the process of buying 29% of the company from Align at 1.5p per share. (And as Richard Jennings of Align has said, Align are guaranteed this money via a "Put" contract expiring at the end of the year). If AMS's pockets are deep enough it makes good business sense for them to buy the rest of the company as well.
A 100% premium 1.5p per share offer from AMS would leave me well in profit, so it wouldn't be a personal disaster. But the HMS business is potentially worth much more, especially if new licences can be obtained.

[harvd] 20/9/2023 11:55

The trajectory of this share seems to be being manipulated downwards with someone constantly selling. What concerns me is with so much latent good news a low ball offer will come in too early for the share price to reflect this.Just supposing an offer came in with a 100% premium on todays price the BOD could with clear conscience recommend the bid (cough!)All long term holders would know that we would be losing a near term, turn-key cash cow at a fraction of its true worth. Anyone remember Sierra Rutile? Dennis Edmonds please bring it home for LTHs.

[gbcol] 06/9/2023 15:21

Penrith - why don’t you ask the company directly? That’s what I would do if I shared your concerns. None of us here have any more of a clue what is going on than you.

The Aftan sale evidently isn’t going to plan but I suspect cash will continue to dribble in rather than they walk away from the deal and their $5m.

[tigerbythetail] 06/9/2023 13:15

Penrith -
I'm not the company spokesperson - just a PI.
You blithely ignore the fact that this company is still owed $8m in installments by the buyer of TVM, who have already paid more than $5m for it. And refitted the mine, employed the workers, and bought up the neighbouring tenements. On no evidence whatsoever, you are assuming that the buyer has backed out at this late stage and no more money will be forthcoming from them. Despite the fact that if they do, full ownership of the mine remains with KZG, and KZG get to keep the money already paid.
So everything you write starts from a position of material falsehood. Frankly, your posts are complete panic-pants drivel.

[penrith] 06/9/2023 12:02

The Company Spokesperson speaks

Question 1 Have any diamonds been sold. Answer What a drivel question
Question 2 Have we recieved any income from the sale of Aftan since JULY. Answer What a drivel question.
Question 3 When is the earliest we will recieve revenue from WHM. Answer what a drivel question
4 What is the cash position, Will the cash last until we generate income. What a drivel question.

Which of those is a deramping question. They are legetimate questions that Im sure shareholders would appreciate the answers to.You look so silly when you respond like that. How can I deramp a share that is on the floor. I said cheerio to you in my last post. Do you HAVE to respond ????
Lets agree to say cheerio to each other.
ATB.

[tigerbythetail] 06/9/2023 11:28

Lord, more drivel.
This company has received over $5m from the Chinese for TVM. That is way more than sufficient to cover current costs, regardless of any income received from diamonds.
Why Penrith feels the need to deramp like this is beyond me, but he does. He's clearly under-researched and obviously always has been.

[penrith] 06/9/2023 11:08

My concern as always is around cash. This chat board goes dormant whenever the share price steadily drops and its now near an all time low.
We as long term shareholders are entitled to answers and pose questions to the Directors who continue to treat us with disdain.
Their latest tweet seems to show they have finally discovered that the wind blows sand.

Last operational update 5th July.
DIAMONDS
In the meantime, diamond production continues from the existing site and plant with processing of DMS concentrates being undertaken at Muisvlak, for final sorting at Alexkor. The most recent Alexkor cycle closed on 4 July 2023; processed diamond stocks will now be sold by Alexkor on open tender, on behalf of Deep Blue Minerals, per Alexkor's usual process.
QUESTION Have any diamonds been sold if not are we running out of cash
SALE OF AFTAN
Nonetheless, the Company is also exploring alternatives avenues for the future of Aftan should Xinjian not be able to fulfil its contractual obligations, including seeking an alternative buyer.
QUESTION Have we received further payments since JULY if not are we running out of cash.
WHALE HEAD MINERALS
The Company has engaged with the National Nuclear Regulator ("NRR") to determine whether any specific permitting is required prior to the production and sale of the Company's HMS products.
To guide this discussion and any possible application for exemption / additional permitting, a comprehensive baseline study of radioactivity has been conducted across all areas of Walviskop, including areas where the Company's HMS will be stored, processed, and transported. In addition, a Workers Safety Report and Operating Procedures are being compiled by a third party and should be completed by mid-August 2023 at the latest.
QUESTION When is the earliest we will receive revenue from WHM and will we need to do ANOTHER cash raise before then.

[tigerbythetail] 31/8/2023 21:05

Lord, what drivel.