Kazera Global Share Discussion Threads

[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.

[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.