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#KZG
£400,000 payment due this week
#tantalum mining update due, production to increase substantially in Q4
#Lithium mining to start Q1 2023
#diamond production
All for £Mcap £8M
It’s full isn’t it Metal.... these so called investors that just want to cry out negativity all the time.
Especially when it’s staring at them in the face....they’ve said they’ll be paid..... as much as it’s would have been nice to have recognition in payment it’s already been stated it’ll happen. RNS not required nor probably needed.
Charts are showing very favourable at present.
On numerous timelines it’s showing potential for a breakout....Just need to get past the 1p and we should be able to have a fair shot at diving straight up to 1.1
All is in good stead, hold strong all
UNB1
You would expect an update this week imho -
"· Tantalum production from Namibia now at acceptable grades, with first shipment to Chinese off take partner now underway
· Tantalum production expected to be substantially increased during Q4 2022
· Diamond mine pan plant now installed and commissioned
· Cashflows from diamond operations expected to substantially improve"
Updates on a second shipment of tant, what the improvement of cashflows has been with the pan plant running at the diamomd asset, and of course the second tranche payment arriving. One update to cover all is perhaps more logical due to the overall contained info in such an update being relatively small, but, important to hear about for us shareholders.
GLA
Similar to this which was given for a trial cycle titled Dec 2021/Jan 2022. This time it would be July 2022/ Aug 2022 you see with the announced pan plant -
"Diamond sales and operational update"
GLA
They could drop a pan plant production update since it's been running for four weeks, at the same time announce the receipt of the second tranche. That could come later this week.
Looking at your RNS feed, you've had regular RNS every month since febuary, so, something should land sooner or later either way tbh.
GLA
Are we selling diamonds? Yes, this has been confirmed.
Are we selling tant? Yes, we made our first shipment, this has been confirmed.
Is the lithium deal happening? Yes, the first tranche of money was received and RNS’d.
I agree trust is low but (a) that is a hangover from before Dennis Edmonds’ time as CEO, (b) communication has improved (several recent interviews from Dennis), and (c) they really don’t have to RNS every single thing that happens
Not paranoia at all - we have had so many promises that haven’t been delivered - Are we selling diamonds? Are we selling tant? No one knows because there is zero detailed updates - it’s all about restoring investor confidence in this share which is at an all time low. It’s as if the board don’t want the share price to move up
They’ve already paid the first tranche and there’s no need to RNS this one, worrying at this point is sheer paranoia
Classic KZG - no wonder the share price is stagnant - no news and then the dreaded RNS - seen it too many time here I’m afraid
In Chinese culture, one doesn’t want to lose face. The money was as good as ‘in the bank’ when the deal was first announced. So unless Kazera don’t uphold some part of the bargain, it’s a safe bet.
LOL how long have we been saying that at Kazera.
Chill, RNS can come at anytime during the day, or any other time....as long there is no news regarding a default we should be ok...IMHO.
Chil
:)
Do you think an RNS should be issued if they haven’t received the $400,000 given that the money was due by (not on) 15 August? Given the recent history of the company and the fact that this money is a big deal, and DE agreed to improve communication, surely it would be better to confirm either way to stop us all guessing
So they haven’t RNS’d the $400k this morning but, as I said previously, I’m not surprised by that because it seems to me it is not RNS-worthy; it is just part of the ordinary course of business. The investor paid the first tranche and had people on site straightaway planning the upgrades. I’m very comfortable that all is well
Glass half empty kind of guy I see wakesinvestor :)
Hope you’re right, but what if the $400,000 isn’t received? Also the current licence is for tantalum not lithium. In the Investor Meet Company call DE said extending it to lithium is a formality. Hope he’s right, but what if……
This looks perfectly set for a breakout above 1p tomorrow.
Lithium stocks doing very well today, fully expect more buyers to turn up as the week progresses
#KZG @KazeraG #Kazera #lithium #REE…new bull market has already begun…Investors should be watching…for a boom in anything related to energy storage or alternative fuels…Every bull market generates a handful of real stars, and a series of mega trends https://t.co/v7ETsT8wR8
July 2022
Kazera Global plc
("Kazera" or the "Company")
Transformational deal on Lithium
Kazera Global plc, the AIM quoted investment company, is pleased to announce that it has signed an agreement to secure an investment of US$ 7.5 million in return for a 49% stake in the Company's marketing, sales and export subsidiary ("SPV") for all lithium production from the Company's wholly owned mine at Tantalite Valley, Namibia.
The transaction values the Company's lithium assets alone at in excess of US$15 million.
Highlights
· Non-dilutive investment of US$7.5 million in cash, machinery and services
· Investment sufficient to cover the costs of the processing plant upgrades required to increase production from the Tantalite Valley mine and the construction of a lithium processing facility
· Tantalum production expected to substantially increase from Q4 2022 onwards
· Lithium production scheduled to commence in Q1 2023
The investment will consist of a mixture of cash, machinery and services, with a minimum of US$ 2.5 million payable to Kazera in cash, with US$ 100,000 due on 25 July 2022, US$ 400,000 by 15 August 2022 and the remaining balance in instalments, with the last instalment to be paid on or before 31 January 2023
Something's brewing i see!
Bit of a wait for the tranche RNS isn't it. It will come, hopefully with some asset progress news also as it has been a few weeks since the deal announcement.
GLA
Looking good today and tempting the penny again. Supportive of all the comments here discussing direction and sentiment,
Gonna nosey charts today to see where we could reasonably/optimistically veer towards. Right now, without checking and purely at memory I feel that if we can break 1p and clear it, we may have a small challenge to break 1.1 and then straight up to 1.2 regions.
With regards to RNS...... as great as it would be to see one I’m not sure whether they are required to. If we don’t get one, that’s not meant to be a negative and don’t pour doubt into it. We know we are in process with this new funding, 2nd tranche stated as planned and that should be good enough.
The scenery around Kazera and it’s direction is much more solid and fruitful.
Hang on in there as we go north
1p close today (to start with....) ????.....
Improved volume to kick start our SP to support more realistic valuation....:)
GLA.
Thanks @bigeye54 getting 0.9349 on HL now
0.9345 on II Lioness