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World class Tantalum grades here with potentially a multi billion Tantalum resource ready to exploit can see this moving back to 2p pretty quickly ahead of updated JORC to be announced this quarter could be huge
So a ramp and a de-ramp all on one page !!
MrC - I know, a small flurry flushes 'em out.
To be fair I am with you -- it does look suspicious....
Animal, bought in here today as looks extremely undervalued given the Tantalum grades and the size of the potential resource. As a long term holder I hope you are rewarded for your patience high risk but extremely high reward imo especially given miners are flying atm this looks like a hidden gem to me and have taken 4 million today GL all
lambo - we have mostly been here for several years and it seems to have become much higher risk of late ---- unless we are very much told otherwise by the board...
Fair play I hope it comes off for us all. But with an Mcap of £2m you have to agree this is incredibly cheap for what they hve and a move back to 2p ahead of updates JORC is looking likely imo it’s a sleeping giant atm from these low levels it’s always darkest before dawn... GL all
Your 4M buy is probably all that caused todays spike -- seems logical ?
Good on you, Lambo. I hope you make a nice return from these levels. I suspect your 4M put the cat among the pigeons. I emailed Larry and said, 'keep it up' but I suspect it was your large buy that did it and not impending news. I'd love to be wrong.
Lambo, with that many shares in one hit you should be on the BOD at the very least. Perhaps you`d give us a bit more info than LJ bothers to!!
TP
Thanks TP, the world class Tantalum grades and the sheer scale of the resource and license area excites me. We are talking about a tiny £2m Mcap company with a potentially multi billion dollar Tantalum deposit with world leading grades. You only have to read the last JORC report in July to know how good the resource is. The CEO has embarked on this comprehensive drilling campaign because the strategic funding partner wants to see this proved up to JORC standard before committing the funds imo. The final piece to the puzzle is the updated JORC to be announced within weeks that includes all the drilling results, once this is announced I think the CEO will show his hand regarding bringing in the strategic investor as per the last rns. The fact that the huge license area has hardly been explored and we have a world class JORC resource already confirmed excites me and all this for a £2m Mcap. The market is undervaluing this by a huge margin atm, a £10m Mcap at this stage is more appropriate and that’s a 5 bagger from current levels and that’s without taking into account the Lithium!
No doubting the resource is outstanding with regards to Tantalum but we are not exactly in a strong bargaining position with little funds and no revenue.
If the JORC figures are as good as we expect then we will be in a great position to negotiate a JV, Larry didn’t take this job for a easy ride he took it because he saw huge value that he thinks he can unlock. The JORC due within weeks is the final piece in the puzzle imo Gilles Clark would not be bothering with this and neither would Larry if they didn’t think it could be world class they would have sacked it off long before now and also note the institutional investors have not sold... it’s always darkest before dawn and imo this gets back to 2p even before the updated JORC is released because it’s intrinsically undervalued by a huge margin considering the scale and value of this world class Tantalum and Lithium resource. I’m a new investor and have bought over 1% today and so I am excited by what I see this isn’t a pump and it isn’t a placing ramp it’s confidence based on facts as this is a £2m Mcap company with a multi billion dollar Tantalum resource just how valuable we find out within next few weeks when the updated JORC is released
In the bad old days prior to Kennedy acquiring it, the mine life was quoted at about 8 years, which made me squirm a bit when I saw it while doing some research. The JORC should indicate a much longer life, which is why I think Larry has spent so long getting to where we're at. No JV partner worth their salt would enter into a JV and commit a few million $ to a water pipeline and mine equipment upgrade unless there was a decent mine plan.
Larry says he's 110% committed to this and everything is going according to plan. He's bringing to bear 35 years of experience in the Ta industry. I'm with you Lambo. Just wish I had your pockets lol!
Just looking in. It does seem that the JORC is the final bit of the jigsaw before a JV. Just read the rns’s from last few years
Really hope optimism is not misplaced. Anyone like myself who bought in here in old KV days based on GC bull...t will be wary too. Not deramping but seen the sp slide a long way.
Today will be interesting!
TP
According to the last RNS we need to complete JORC before we can search for a JV deal..The JORC was to be completed soon so hopefully one can be found.I always got the impression there has always been a willing partner waiting in the wings waiting till we prove this up,a partner that demands a news blackout on its identity.I could be completely wrong and the project could be on its knees but that's the gamble AIM investors have to make.Surely the long wait to get some clarity isn't far off now.GLA
Morning, Islandgirl, morning all. No RNS dot this morning...boooo!
Still, nice to see new investors.
Hi Eyeguy, your correct the updated JORC is the final piece in the puzzle here to get the JV partner on board. Short term pain for long term gain and imo the short term pain part is now over as the drilling has finally been completed and we await the results confirmed to me by Larry as on track well before year end. Totally off the radar at present but once investors realise what KZG have they will take positions accordingly because imo it’s truly a world class resource and at £2m Mcap the potential is staggering. If the JORC is as good as we expect £10-£15m Mcap easily achieveable and that a 5-6 bagger from these low levels. If the JORC then goes on to get the JV partner we are in discussions with to sign up you are talking life changing returns as the license area is huge and the grades are world class we could be sat on one of the largest Tantalum deposits globally imo. Tantalum is used in the electronics industry for capacitors and high power resistors. It is also used to make alloys to increase strength, ductility and corrosion resistance. The metal is used in dental and surgical instruments and implants, as it causes no immune response.
Morning animal, yesterday’s rise wasn’t a leak on an rns it was people buying a share on its knees totally off the radar and intrinsically undervalued based on current JORC resource and future huge potential on offer. As you will know Tantalum is a finite element essential for modern life as it’s used in nearly all electronic devices from phones to computers to electric cars. If our deposit is proved up to be multi billion dollar resource as we expect then this could be a real aim success story. Larry has had a clear plan here since he took on the job and that plan is about to come to fruition imo, huge few weeks ahead here as we lead up to updates JORC and here more on the strategic investor that is clearly waiting for the JORC results as we all are. GL all
Morning lambo. Just looking in. It does seem as though the market has missed this and the JV is waiting on JORC. Does seem to like cheap for what they have and the drop from 2p nothing more than a placing to drill and just the fact that it’s been forgotten. You think 2p for starters then ?
Last placing in August was tiny only £400k with no warrants. And most of that placing was taken by those who bought the last 1.7p placing so don’t expect any issues with 400k! 75k was bought yesterday alone and Once this gets on peoples radars and they do some research it won’t be sub 1p for long imo
As this moves back towards 2p the spread will close don’t worry about that it’s a tiny Mcap as it grows the spread will close. A little research here and you will see why so many people are buying in sleeping giant starting to wake up and Tantalum is in high demand atm and KZG have a hige amount of it at world class grades