Kazera Global Share Discussion Threads

[steddieddie] 24/10/2023 13:46

Reality is also they sold tant ops for $13m 2 mths later, 5m recd, 8m outstanding by 31/12 and AMS to buy 30% of co at 1.5p, also by 31/12.

[wrtmf] 24/10/2023 12:49

REALITY vs DE's interviews of oct 2022

these 2 in particular
- momentous events
- uk investor show

'diamonds a quick way to get to cash'

$50k/month profit diamonds
$750k/month tantalum revenue
+ revenue from lithium, $750k/m ['similar']
+ hms revenue $300k/month, from 6000t/m

[penrith] 15/10/2023 08:22

Still no news. Latest analysis from Simply Wall Street today. An independent analyst. RISK ANALYSISMakes less than USD$1m in revenue (£57K)Earnings have declined by 1.6% per year over past 5 yearsDoes not have a meaningful market cap (£6M)Latest financial reports are more than 6 months oldSo when it comes to transparency this BOARD make previous look excellent and that takes some doing. Treat their shareholders with contempt.

[steddieddie] 09/10/2023 13:44

Sorry to intrude, mostly operate on Twitter these days but this looks a worthy summary for anyone interested

[penrith] 08/10/2023 19:10

Good gracious outspan your beginning to sound like tiger by the tail Lol. Only the company propagandists believe a word Align say. Get real. They told us we were up for 4.5p and then allegedly sold out for 1.5pAnd by the way don't be so rude. I have gone from being a troll to bad rubbish. Ouch..but I forgive you. It's an old saying but true ...When your loosing the argument go for the person who is making it.

[outspan] 08/10/2023 18:58

Here you go tommygriff, credit to steddieddie for asking the questions and to RJ/Align for being so open in his replies, likewise re RJ on Telegram yesterday morning:



Q. "How's that Put Option looking now? Sadly, snaffling opportunities just keep on coming!"

A. "Put's watertight. Very relaxed, Counterpart solid too."

Q. "Very good to hear! Those c.7m Oct warrants you keep including on TR1s currently looking dud. Looking a better idea to buy the ords in the market, sell @ 1.5p. Can't be bad!"

A.1 "We did precisely that several weeks ago."

A.2 "We are in probably the severest micro cap bear market I have ever seen. Opportunities abound everywhere but one where market cap backed by debt & cash, a corporate buyer at twice current price for 30% of the Co, HMS about to come on stream with steady state profits of prob 80% of current market cap then this is plainly bonkers. And if the "Market" believes AMS are going to be passive and have their stock valued at half the buy in I suspect they are in for a rude awakening shortly."

[outspan] 08/10/2023 18:45

tommygriff...on X/Twitter earlier this week and most recently on Telegram. I'll see if I can find you an X link, you'll need to figure out Telegram yourself.

[outspan] 08/10/2023 18:43

Penrith, as I'm sure you already know, I don't agree with anything you say. One minute you've sold out and you say good riddance to bad rubbish and the next minute you're a long-term holder. Why should anyone take you seriously?

When something is at a stage that's ready and right to report, I'm sure we'll get to know.

[penrith] 08/10/2023 17:35

Outspan I think you would agree that if they had any positive information on the mine sale or diamond income it would have been wise to include it in the latest RNS.

[penrith] 08/10/2023 17:30

Unfortunately with a company that doesn't supply its shareholders with facts on diamonds mine sale income and cash position we are only left with assumptions.

[tommygriff] 08/10/2023 17:24

Where did align confirm its watertight?

[outspan] 08/10/2023 16:24

So, in the world of non-evidence based assumptions, I assume other updates were not at the right stage to announce and will follow shortly ;-).

[outspan] 08/10/2023 15:04

Running costs in the first 6 months under £100k p/mth which looks typical in recent times. $5m received from Xinjian in the second half or by shortly afterwards but clearly a fair amount of this has been spent on new plant.

Align saying in recent days that their Put Option for the sale of 280m shares @ 1.5p by 31 Dec is watertight, AMS already having gained the voting rights over them all.
Align also adding strongly positive words recently on AMS intentions.

I'm not seeing the evidence of a cash crisis myself, especially in the light of a further $8-9m to be received from Xinjian (including interest) or other solution found, perhaps with AMS involvement(see last DE interview for details, also incl AMS matters generally).

Think your assessment is flexible, balanced, reasonable and understandable in current circumstances jonesy. Just thinking there are enough possibilities before the year end to cause a very necessary shift in trends.

[penrith] 08/10/2023 09:06

Interesting posts but nobody ever seems to address the cash issue. To me it's simple. If a business runs out of cash it has to borrow more...unlikely in today's climate. It has to raise through a share issue... near fatal at current share price OR go bust.The assumption I am making which I think is quite realistic is the mine sale is over and there is no more money. The diamonds are written off as revenue has not been declared in the last 12 months. Revenue from HMS is 3 or 6 or 9 months away. Without any more revenue and taking into account the money we have already received from the mine how long before the cash runs out. My guess is that we are burning at over one mill dollars a month with salaries and capital kit so probably sometime in Jan or Feb.

[jonesy100] 07/10/2023 13:06

I am with the bears and bulls here. The long running saga of imminent diamond sales (not a single dollar ever generated as far as I can tell) has eroded my confidence that anything will be achieved. On the other hand, the new management do seem to be getting a handle on things, and money/investors is appearing if a bit erratically. I hold for now but with caution.

[outspan] 07/10/2023 01:17

GBCol, Align/AMS deal is via a Put Option expiring 31 Dec, not sure why AMS would eagerly part with their remaining c. £3m much earlier given that the arrangement included for them to get the voting rights to the whole 280m shares after the second tranche, which happened some time ago. Align seem relaxed about things according to their tweets.

I think you're right about the options angle. I reckon their agreement for 280m shares assumed a number of additional shares by conversion of warrants at the end of May (expired) and/or the end of Oct (set to expire) so they've said they've been recent buyers in the market, presumably linked to covering their exposure.

Re the Chinese payments, I think DE indicated rather well in his last interview (website home page) that there were a range of options being considered, some with the assistance of AMS. $5m already paid, forfeiture of Aftan and no cash to be returned in the event of KZG exercising its right to cancel, given the state of default by Xinjian, makes it a fair bet a solution will be forthcoming. DYOR.

[gbcol] 06/10/2023 20:02

I’d say the 8% fall is neither here nor there. This could easily end up 2 or 3 times today’s share price in the next 6 months. Or a fraction of it.

I agree that there has probably been no further payments from the Chinese, which is disappointing but not unexpected. The company have either been told that one is on its way, which is what I think. Or if they haven’t and then they need to be seriously looking at other options because there might not be anymore payments appearing. Trouble is, alternatives may be limited.

Unfortunately more patience is required. I’ve only been in this a year or so and maybe can be more patient than the longer sufferers here but on balance I’m still more a buyer than a seller.

I’d like the Align/AMS situation finalised asap though. Don’t really understand why it has taken so long although Align have apparently been adding at these levels to pass on to AMS at 1.5p which is a bit bizarre but a result of some of their holding being options at higher than this share price I think.

[penrith] 06/10/2023 19:14

Surprising that on the day an RNS is released and the share price is down 8 percent there is only one comment.

[penrith] 06/10/2023 07:46

No mention of Tantalum mine sale payments or any revenue from diamonds. My assumption is therefore we have no income only expenditure. The start of HMS production given as likely 1st Quarter but no indication of when sales and revenue will occur. Do we have the finances to continue the operation until we receive income? That has been my number one question for some time.

[penrith] 02/10/2023 08:25

My post I think was well presented on a chat board where we are supposed to discuss the issues. What part of that suggests I'm not invested or that I'm a troll. Don't reply to my posts that's fine . In fact you never reply to my actual points because you only praise the company and never question their many inadequacies.My post that you never responded to is below. I of course do not expect a reply. 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 condemnme 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] 01/10/2023 21:26

Penrith! Tired of replying to your hysterical stupidity. Are you really a shareholder - I think not. Just a troll.

[penrith] 27/9/2023 17:48

Come on tiger tell us this is just a great buying oportunity.Beginning to look like a well organised scam.