Kazera Global Share Discussion Threads

[al101uk] 20/12/2023 13:13

Not a regular, but I'm sure I posted when the HMS licenses ran in to issues that radioactivity is a pretty normal event in the kind of mining they are doing. The licensing is more to do with health and safety and the company having the ability to deal with the hazardous materials they are digging out of the ground.

On that basis I'm sure there have been other companies that have been granted licenses under these circumstances.

Can't find the post, not invested, not really interested in spending the next few hours researching it... but there you go.

Oh, quick google:

[penrith] 20/12/2023 12:56

To repeat my previous post 'As I say the real question is how likely is the licence to be granted. Has one ever been granted before in a similar situation?'Presumably no one is aware of a licence being granted under similar circumstances which of course doesn't mean it won't happen but is of course the big worry.My view is simple:The licence is not approved then the company is in serious trouble and very much overvalued at today's share price We wouldn't be capable of taking the mine back because we couldn't afford to maintain it. The mine would become a liability and a fire sale would ensue.The mine sale has been handled badly. As soon as the buyer defaulted we should have repossessed and used the received money to re market the mine at a significantly lower price. Selling the mine at a discounted price of 8 mill would have meant we still ended up with 12 mill.Forget everything else, at the end of the day licence is critical to survival. Get the licence the money for the mine will be paid and the share price will fly.Pity we have no one on this board that knowledge of the radio active issue.

[outspan] 19/12/2023 13:02

Indeed, TBTT, couldn't agree more. Once a few things are confirmed, the clamber to get on board should be an enjoyable watch in due course.

2023 turned out as a bit of a hiatus in both operational terms and stalled payments but with so much now poised to come to fruition, I can see the company taking every opportunity to get the story out there along with a growing level of substance as next year progresses.

[tigerbythetail] 19/12/2023 12:12

Things are a bit strange with this share. There seems to be a concerted attempt to deramp on both boards by uninformed and semi-literate posters (interns at a broker house?).
Ultimately, this is a company which is waiting to receive a cash sum greater than its current market cap, and which is waiting for a licence to start up a highly prospective business (Heavy Mineral Sands - guided Q1 2024).
If BOTH events fail to happen, then IMO the current tiny market cap is justified, based on the diamonds operation, the residual value of the tantalite valley mine (Aftan), the assets, and the cash position.
If either event were to happen, then AMS were probably about right to recently pay 1.5p a share for 26% of the company. If both events happened, then IMO AMS got a bargain.
In short, IMO the risk-reward balance here is completely out of kilter.

[penrith] 15/12/2023 12:18

As I say the real question is how likely is the licence to be granted. Has one ever been granted before in a similar situation?

[penrith] 15/12/2023 12:13

I dont think thats likely as KZG cannot afford to maintain the mine and another buyer will take time. If the licence is awarded then in my view the sale will go through. The last thing KZG need now is another liability.

[landersd] 15/12/2023 11:35

you both miss the other scenario ......KZG take back the mine , keep all monies paid by Hebei and sell mine to A.N Other

[penrith] 15/12/2023 11:22

The real risk is the lincence wont be granted. If it isnt there is no business left.
If it is granted the mine money will be payed or KZG will retake ownership and keep money recieved. The Chinese will not like that so at that stage they will pay up.In reality the Chinese think the licence may not be granted so they wont deal in the meantime.
The question is how likely is the licence to be granted?

[tigerbythetail] 15/12/2023 11:03

Firstly, I'm grateful that the results were issued in good time this year.
IMO, the key risk is that the nuclear permit isn't issued on time (guided to Q1 2024) and the proposed heavy mineral sands operation (which is the company maker here) remains in suspended animation until it is. We'll just have to wait and see about that.
As for Aftan, Hebei are likely playing hardball with Kazera over the debt payments. Kazera won't find it easy to find a counterpart to factor the debt for them (as floated in today's RNS). But they may well receive an offer from Hebei! Would Kazera accept writing off the entire debt in return for, say, a single payment of 70% of the total owed sum right now? Yes, maybe. And the more time that passes the more likely that Kazera would agree to such a discounted offer. That's just how the Chinese do business...

[gbcol] 15/12/2023 09:41

What we also now know definitively is that if they have any positive news at all then they will RNS it - as we saw with the slightly superfluous confirmation of AMS completing their purchase, which we already knew from an earlier holding RNS.

So we don’t need to speculate whether this that or the other has happened. There was nothing at all in these results that we didn’t already know through previous announcements. No RNS, no news. When they have anything even remotely positive to say it will be RNS’d (or at the very least tweeted).

The wait continues although personally I’m still very positive of good returns, if somewhat frustrated at the delays.

[penrith] 15/12/2023 08:35

It's now fairly clear in my mind.Negative scenario. We will not get any further money for the mine until the HM licence is approved. They know KZG cannot afford to maintain the mine without revenue and therefore if the licence is not approved then the mine will become theirs as there seems no other interest. If we don't get the licence we go bust. Positive scenario. We receive the permit. Let's assume we have sufficient cash to see us through to revenue from HM. At this stage the money is forthcoming for the mine as they know we can now afford to take the mine back if payment not fully received.With this Scenario the share price will fly. Just let's pray we get that licence and the cash holds out. Good luck all we need it.

[ridicule] 15/12/2023 07:57

Today’s RNS is quite fulsome and clears up a lot of points being debated here. They clearly are pursuing risk management options on the Aftan deal including a negotiated passing of the outstanding debt to a third party. That will cost, but less than a placing. AMS will demand that a placing is the recourse of last resort. The HMS RA licence is without doubt the main risk here. The diamond issues, while frustrating are small beer in comparison.

[penrith] 14/12/2023 13:09

'IMO you're the stooge here. Broker account covering a short position? Lol. I wish...

[penrith] 14/12/2023 13:05

Yep its some sort of scam neither Jennings or AMS are idiots. Anyway from our perspective its irrelevant as the completion of the deal has left us at half a pence so the market is not impressed. This new bunch were supposed going to bring transparency...some hope. The last 6 months have shown their level of transparency. All will be revealed in the next 17 days.

[tigerbythetail] 14/12/2023 12:36

Penrith - I directed you to information that Hebei are ACTIVELY working on the neighbouring tenements and investing a lot of money into them. So clearly Hebei still have money and still want to the whole deal (which for them is more than just Aftan / TVM) to come to fruition. And yet you still peddle your assumption that the deal has fallen through.
I mean, you could try and do some research - neighbour Arcadia Minerals is listed on ASX and reports to market the progress Hebei are making.
Answer this - why on earth would new major shareholder AMS permit a lowball equity raise that would heavily dilute the shareholding they have just bought at roughly triple the current share price? It makes no sense.
IMO, you're the stooge here. Broker account covering a short position?

[tomboyb] 14/12/2023 11:37

Jennings made a mint -

1.5p v 0.55p today -

[gbcol] 14/12/2023 08:15

Well that depends amongst other things on whether or not they have been working on a plan B for Aftan in the months since it was evident that the payments had dried up for Aftan.

At least now AMS should be bringing their influence to bear.

[penrith] 14/12/2023 08:00

If you are correct GBCol then a raise is inevitable in my opinion.

[penrith] 14/12/2023 07:56

Kazera Global PLC Strategic Shareholder Update (6983W)What up date ? We already knew that. What about the cash position. What about revenue. What about the state of the licence. What about he sale of the mine. How pathetic. They treat their shareholders abominably and even have the cheek to say the share transaction is at a 188 percent premium. YES because we have to half a penny. You couldn't make it up. KZG grow up and provide an honest comprehensive update , it's your job and we are entitled to it.

[gbcol] 14/12/2023 07:49

On the basis they they have RNS’d the AMS purchase news today when we already knew that from the holding RNS yesterday, I think we can be pretty sure that they would have done an RNS had we received any further monies for Aftan. So fairly clear to me that last payment was in July. Which is disappointing. Hoping we get an update on that imminently with the results.

[jackruss2] 14/12/2023 07:14

Let's hope this is the start of some seriously lacking good news that we have not been accustomed to for a long time.Onwards and upwards

[penrith] 13/12/2023 20:05

Nice response harvd and I would be very pleased if that was the case but I think it's stretching one's imagination. The people who have more information ( inside and out) sold at 1.5p. However I take your point and hope you are right.

[harvd] 13/12/2023 19:30

To use your analogy Penrith, if I own a field behind your house where I can build an estate of houses and potentially make 20 million pounds profit, but the only access is to purchase your house which is worth 1 million pounds and put an access road in, I would be more than happy to pay you a 50% premium on market price to achieve this. (Even if the agreed price in the housing market now indicated your house was only worth 500k)