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It's quite easy to understand that China will take all of the Lithium and little marketing will be required now that Xinjian are here -
"which will see Xinjian investing to acquire 49% of the new SPV to be formed by Aftan, which will have the sole rights to market the lithium produced in Tantalite Valley by Aftan."
It's basically a JV with Xinjian for the created SPV for the Lithium part of the resource, it's quite clever how they've done this part as it kills two birds with one stone. Plant modernisation and Tant output increased and a company brought in from the current biggest resource processing nation, China -
"What Is a Special Purpose Vehicle (SPV)?
A special purpose vehicle, also called a special purpose entity (SPE), is a subsidiary created by a parent company to isolate financial risk."
Looking at the current SP it's very hard to find any negative right now, when that first payment lands on Monday there will be even less as you'll know the plant upgrades to include the Lithium will have began!
GLA
I see max19 -
"· Diamond mine pan plant now installed and commissioned
· Cashflows from diamond operations expected to substantially improve"
I got back in on the Chinese news tbh, the Chinese extract and pretty much take anything they need. With battery grade Lithium here they were always going to show up sooner or later, even more so as South Africa is a member of BRIC's.
Did they ever get that pipe from Orange river put in place? It was just Tantalum and talk of that pipe the last time i was still in here.
GLA
And don't forget the diamond part of the business that after yesterday news will be providing even higher income....lots to look forward to.
:)
The Chinese have been dominating the Lithium industry for a long time now, it's quite clear why they have arrived with investment after having myself a very brief catch up of what has taken place at Kazera recently -
"As part the study demonstrates, there is considerable economic potential for feldspars and lithium at the Mine as a constituent in the production of batteries, ceramics, and glass, among others."
--------------------------------
"When it comes to processing lithium, China is in a league of its own. The superpower gobbled up about 40 percent of the 93,000 metric tons of raw lithium mined globally in 2021."
https://www.wired.co.uk/article/china-lithium-mining-production
GLA
They are concrete figures given yesterday, they're M&A figures as the Chinese company is now essentially a JV partner for the Lithium. Their JV aspect covers the needed plant upgrades and ensures the Lithium is extracted. You don't even have long to wait for the initial payments to start rolling in -
"with US$ 100,000 due on 25 July 2022, US$ 400,000 by 15 August 2022"
You don't JV unless you have done thorough due diligence on the operation before striking any deal -
"· Non-dilutive investment of US$7.5 million in cash, machinery and services"
I've watched this share for a long time after being in it previously, your recent news involving the Chinese is the most positive news the company has had here in a long time, the investment case underpins a specific value to that one aspect of that resource -
"The transaction values the Company's lithium assets alone at in excess of US$15 million."
Of course, you'll need more Tantalum shipment figures to play with to get a better idea of the other offtake aspect of that resource, again to the Chinese, but, they will come as they upgrade the plant and increase production there -
"The transaction values the Company's lithium assets alone at in excess of US$15 million."
GLA
FB, hey,
Well said and good luck with your BIG long term holding, hopefully will be very rewarding for you and of course for us all long time holders, I know history of news from this company was never came to fruition, however with the rotten apples now out and with fresh promising ones that replaced them maybe things are about to change.....
ATB.
Need c some concrete figures of cash being generated, no transformational news, words mean nothing
Yes next year I feel will be make or break, opportunity there yesterday 4 some who bought in low too off load some, was always going come back down GL ironveld proved a dog all no still could come good lucky sold out b4 the big plunge.
Steven49
Am still here and heavily invested. Just don’t post as much as I am in ball deep with this share. I have matured as a shareholder and don’t feel the need to be looking every day, as mentioned mate I am in here for the long term so short term SP makes no difference to me unless it shoots up big time, then I will look to derisk and lock in profits
Hope ur well mate
Good luck all FB
Lot Warrants's being off loaded too
Of course CG NH LJ
Good point made over on ADVFN. People talking of a seller that held the price down. Most probably the ousted GC and co selling their holding. Makes sense given the volume yesterday.
Yesterday top news (indeed very encouraging) kicked start some selling of very cheap placing shares (and warrants) which is very normal, and healthy process in order for the SP to move up mattiryely in due course....you can only sell once,yesterday news certainly created enough demand to pick up those sold shares with buyers anticipating to wait for the next raft of positive news.
GLA.
Any1 no what happened funkybeats and fortitude, both apparently big investors
Appears good but will need wait til 4th q and 1st q next year c if this really materilizes, lot false hopes here b4 love use particular wording transformational bit like L J, have be honest though Larry had sorted mine out updating all machinery 4 mining, b4 he left, quite clearly not, still remain too be convinced, GLA
It's not Namibian, it's Chinese, the clue is in the name 'Hebei Xinjian'. It will be part of the ever growing better BRIC's relations where the Chinese are investing in lots of resources in the block and further afield.
They clearly just have a Namibian arm over there!
GLA
Been here b4 with Namibian investors with false promises funding ect but believe could happen this time, not convinced how got 30 million pound insurance lithium wise, take that with pinch salt, as4 align don't believe selling, saying buyers mayb, I no lot investors won't touch anything align r involved in, not greatest track record, at least herd gone,
No, it will be fine, first payment comes on Monday guys, the MM's just do what the MM's do, shakes to free up shares for large buyers. Look at the 10,000,000 buys yesterday morning at over 1p. When buys like that start landing the MM's struggle to fill orders, they need some sellers to fill them, so often they shake things around a bit to get what they need for filling the orders.
You would be silly to sell out with the mentioned payment structure, one to come Monday, another August etc. It's locked and loaded imho
GLA
As soon as that first instalment lands it will boost the confidence of would be investors. There has been a lot of false promises thrown around lately, mainly with Iron but having been linked with kzg for so long it has been covered with the same cloak. Hopefully the actions of the last few weeks is, would say ‘new beginning’, but realistically ’the beginning’ for Kazera. Time will tell but given the fact dates have been issued for funding, I would say it will have a very positive outcome.
I do not think you understand the current market. 100% buy a stock on good news, 99% sell again with 24 hours especially if the price does not move up, if you look at every little sale they bought yesterday, eventually the 0.85p bid with 4 mm's on it will give way and the price will drop to 0.8-0.85p, once they have all been exhausted the price should rally but for today it will be a lot of scrappy sales of all yesterday's buyers, except me I'm holding and waiting to see if I can add around 0.83p
just sell buy something else
better opp out there
best short and you get free money
but seek professional help though
glta all others
and see for what this is
no body is selling davey
why you so worried :)
enjoy the dip
read the updates
2:1 buys held
when over 1p won;t look back for while here
we all need some freebies
you can't educate everyone,
some just don';t know, and never will
Here they come, all the little rainbow chasers selling out to buy something else flying this morning. Can never understand why people cannot work together and hold a stock, if everybody held everybody would make money as the mm's have to raise their prices but this market is totally screwed with thousands of day traders who refuse to hold anything more than 1 day.
Certainly magmanus_49, it's why i pointed it out!
As someone has said, first payment is shortly (25th), that's Monday. They've clearly done their due diligence etc and this deal is fully ready to role imho. At the current SP it's hard to find a negative.
Tomorrow and Friday could be very interesting due to that first deal payment coming on Monday. FOMO will kick in on Friday with some who have spare funds laying around i would imagine, it's a regular thing with these small miners i've found.
GLA
or you will lose too! i.e. out too ealry kind of loser
don;t be the 10% er on a 100%'er