Kazera Global Share Discussion Threads

[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)

[gbcol] 13/12/2023 17:59

I can only imagine that they have/had intentions of bidding for the company and thought that buying that many shares in the open market would have pushed share price above 1.5p. I think I’m right that they would have to bid at no lower than the highest price they paid for any shares (open to be corrected if wrong). That would tie in with them wanting 29.9% so they could add the other 0.1% when appropriate to trigger a bid.

It does all seem a bit bizarre but as you say, we should get a clearer idea imminently.

I doubt the mine sale has progressed since the last RNS some months ago but hoping they are at least setting in place an acceptable plan b.

[penrith] 13/12/2023 17:22

Hi GBCol. The whole thing seems like some elaborate scam to me. It's not logical to pay 3 times the companies current value. It's like my house being worth 500k and you buying it from me for 1.5 mill . The house is still only worth 500k. Something fishy going on in my view. Our main hope is that the mine sale has gone through but I think that's now very unlikely. All should (will?) be revealed in the next 20 days.

[gbcol] 13/12/2023 15:53

As per the original RNS (extract below), AMS were to buy UP TO 280million shares. Looks like that turned out to be 250million and currently 26.69% of shares rather than 29.9%. I’m surprised they haven’t added the difference by buying in the market. Maybe that buying will follow. Good to have this completed in any case.

“AMS will purchase up to 280 million Ordinary Shares (representing up to 29.9 per cent. of the Ordinary Shares currently in issue), at a price of 1.5p per Ordinary Share“

[cloud9surfer] 13/12/2023 15:23

Looks like it is happening! Big rise coming!

[outspan] 08/12/2023 13:28

"‘In any case Align are very shortly to be out of KZG in favour of AMS who are prepared to pay 1.5p to get a 29.99% holding. Actions speak louder than words.’ Well that deal ( if there ever was one) looks to be out the window....!

Just shows wrong you can be.....

[penrith] 07/12/2023 12:27

If they won't make the payments they certainly won't pay interest! Lol

[wrtmf] 07/12/2023 11:42

it appears no further payments from xinjian since 13jul update - fast approaching 5 months. under the purchase agreement, equal monthly instalments were to complete this month. 8% interest from here...

[penrith] 07/12/2023 08:53

Our resident ramper said a month ago 'In any case Align are very shortly to be out of KZG in favour of AMS who are prepared to pay 1.5p to get a 29.99% holding. Actions speak louder than words.'Well that deal ( if there ever was one) looks to be out the window together with the ale of the mine. No news on the HM project suggests that's not going well. Only question I've been asking all along is when do we run out of cash and see the inevitable attempt at a raise.The Board are either cowboys or schoolboys...Take your pick.

[wrtmf] 05/12/2023 08:23

19apr2022

'Kazera Global plc, the AIM quoted investment company, is pleased to announce that diamond sales of $236,547 for the December 2021/January 2022 cycle were achieved from production at Alexander Bay, South Africa. Following a trial period of operating the Muisvlak plant in conjunction with MV5, management have now decided to hire a Pan Plant which will give the Company total independence from the Muisvlak plant and will give it a much greater level of control over the processing of its diamonds.'

all pathways lead to 'alexkor final sorting' and that's where the problem is
their backyard, their rules

[lottsgold] 04/12/2023 19:48

Pretty sure they are as clueless as all of us here, it's SA. Then there's a deal with a Chinese co. It's a gamble, you have to ask if it's weighted in our favour though. They're not out of money, are due money and have an income stream to cover costs IF they get the permit. Wouldn't put your pension on this but the opportunity is there for a very nice return from here.

[penrith] 28/11/2023 09:11

Outspan/Poppyseed/Tigerby.... Not sure which handle is being used today is very quiet? LolAs usual pathetic communications by the board. Also as usual current cash position the main concern and must be very tight with no Tant or other revenue. A raise at this level is going to hurt but no other options that I can see. Earliest HM revenue IF we get the license is next spring???With the share price on the floor surely they can give us an honest transparent update on ALL the current issues????

[harvd] 28/11/2023 08:52

Extract from RNS of 19/07/2022 "Company has also completed the installation of a pan plant at the Company's Alexander Bay diamond mine, so removing reliance on external parties to process diamonds."Why no mention of this in today's update? Can we expect another RNS in another year advising they hope to produce some diamonds?? Not impressed at all.....Jam yet again tomorrow.

[penrith] 16/11/2023 08:28

?Up 7% on 99p buy.....