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Even so, the company is in a far better position than it was a year ago when the SP has been over 1p. DE bought a chunk in the Summer at 0.8p in addition to those he previously held at 1p. My average is around 1.05p (not that much higher than DE’s) so IMO there is more upside to come from here than downside. DE is not an idiot and wouldn’t have significantly added to his investment if this was a croc. You either believe the investment case or you don’t, if you don’t then why are you invested and on this chat site?
Love your optimism Wakeyinvestor !
If we take the mine back we take on all the costs of running it - we don’t know if it is working, generating cash, royalties or anything .
We have loads of cash - again - we don’t know - we don’t know if we are generating any income, we have our running costs, we’ve spent on heavy plant equipment and then all the associated costs with HMS
Yes, we have no debt but little else (that we know of)
Diamonds are a girls best friend but not kazera’s otherwise we have heard at least once this year what we have pulled out of the ground and sold - with no update on diamonds at all since 2022 I think they are a side show at best
Even if the Chinese don’t pay, KZG gets the mine back and keeps the money it has already received. HMS hopefully to take off soon. Loads of cash, no debt, what’s not to like? Oh, and diamonds too ? Patience will be rewarded in 2024 IMO once Align have completely gone.
Never on time, 5 months in,
It has been the next year for the last 3 years. The next year has not made us rich so far. Surely we will know by end of December 2023 if the Chinese are going to pay up for the Lithium & Tantalum. That will be a good guide to our future prospects. GLA.
Recon next year could be a transformation year for the business 😂
So when do we get rich then boys ?
They're not overdue Steven. AIM requires release within 6 months - by 31 Dec.
Final results end June well over due.
TJ_Mac- I think we may have to wait until the New Year (see my earlier post) I am heavily in here and know it is high risk, but am hoping for high reward. Enjoy your Xmas!
Hi FB, good to see that you are still hanging in here.
Ok thanks – just waiting patiently for something good to happen here….. I’ll settle for a decent pre-christmas increase lol – good luck all. TJ Mac
Morning guys.
Hope u are all well.
Do we expect that one RNS saying full payment made from Chinese on Mine? That’s what I think is going to happen.
The tweet that was sent out by Align “ Ref Kazera Global #KZG We are closing in now on our final tranche sale to AMS at 1.5p, taking them upto 29.99% and as announced by the Company back in March. it wouldn’t surprise me that this is done quicker to allow align back in just before announcing the mine has been paid off.
All those in the know again……
I do hope I am right cause then we will have a very decent rise for Xmas time. But if it plays out the way I think, it completely stinks.
Anyway hope everyone is well.
FB
It does not matter why they have bought the shares, the important thing is they have paid 1.5p, well above the current share price. I assume they wish to be in profit like the rest of us do.
AMS brought In 4 kzg too invest in projects ams bring too them, london listed company, remember kzg r investment company,
Sorry Steven, I prefer the opinion of AMS who have invested money at 1.5p in this share.
Notice align tipsters all 3 picks including kzg, 4 2023 all tanked out big, unlikely kzg will turn tide, be carefull who u follow and trust, feel 4 Any1 who's got trapped in these.
Fortitude, please get YOUR facts straight - i never even mentiond GC at all, as you insinuate!
I think we have all already worked out that GC "doesnt know about mining", been plenty of folk on here saying the same thing, and the sp reinforces the view totally.
If his business acumen is to destroy shareholder value, id agree, he has that in spades.
Maybe he's spending to much time on one of his (to many) other businesses and has upped the output of his clay pigeon production whilst overlooking the rest of the flock.
Fortitude - I was only teasing ! Perhaps I missed out the LoL. But my view differs as the the genius of GC (I have met him in person BTW) and blindly following anyone is a dangerous strategy. ATB.....
Further to last, Align just posted this on Twitter:
"Ref Kazera Global #KZG We are closing in now on our final tranche sale to AMS at 1.5p, taking them upto 29.99% and as announced by the Company back in March."
What many may not have seen is RJ's expressed desire to buy back in if the SP stayed at current levels as soon as this deal is completed.
DTN……. Please get your facts correct ! I haven’t mentioned GC. for a number of years. I only mention him here as he is standing down !
As far as GC is concerned I have a Times article before me dated 2017 In which GC states ‘I have very little knowledge of mining ‘so he has been totally honest !
What is absolutely undeniable is his business acumen to find potential for company enhancement! He has a proven track record here. The tantalum/lithium venture took far too many years to develop. Our current CEO has specifically stated that he will only buy ready to go companies !
Don't follow your logic oldbutnowisa. News and whether or not we get a notifiable event not will not be linked to release of the finals and I can come up with two likely events prior to 31 Dec without a second thought.
First, progress on the sale of TVI. Second, the transfer of the final tranche of stock from Align to AMS. Both of these have 31 Dec deadlines.
Per my previous, with AMS now on board via voting rights, reasonable scope for more besides, left of field could come at any time.
...required to be filed by Dec 31,2023. It is therefore unlikely we are going to get any RNS before then, although cannot be entirely ruled out. On the other hand, very likely to get full update by end of March 2024. In view of the lack of news to date and the fink SP, holders are likely to be anxious to react to ANY news promptly which is rarely the best reaction although in this case understandable..
Transformative news, truly transformative, MrC ;)
You could well be right, just cant understand why he's still banging the drum after all these years of disasterous performance from his idols who talk the talk but cant walk a single step.
At the end of the day its all about the money, none of which ever comes to poor(er) PI's. BOS do alright though, funny that..