Kazera Global Share Discussion Threads

[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.

[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.