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They have bought some heavy plant for use on the more inland diamond field (for removing overburden) and on the beach. they are also bringing in more specialist mining expertise. In the near term, keep an eye open for announcements about new offtake agreements.

An awful lot was discussed after the formal business of the meeting. My take is that this will come good this year. They are planning to move up to double shift working. It seems very likely they will be awarded 2a, it's just a matter of waiting. But in reality they have to demonstrate regular production at Walviskop before they can scale up to 2a. Just to reiterate what steven said, it's worth attending these AGMs for the catch up afterwards. A lot going on behind the scenes. Dennis and John are decent people.

@Funkybeats. That's not true. And, they didn't yesterday. steven49 is absolutely right.

John Wardle and Richard Jennings won't be happy with the share price either. They invested £535,000 and £300,000 each. That's on-top of the investment they have already made in KZG. Both are insiders who have visited the site in Alexander Bay and know the people involved. It's possible they have called this wrong but unlikely.

Thanks @Mikiesunday. I appreciate the effort made to type up really useful notes. Good on you!

@Funkybeats - to give you some hope. If Johan Truter (the guy who actually runs things on the ground in Alexander Bay) can process and sell 60,000 tonnes of HMS product this financial year, then we should see 2.5p. If he (WHM) get the 2A mining licence, and successfully doubles production then we should see the 9p figure you are talking about. Don't forget we now have 1.315 billion shares fully diluted. There's obviously a lot of execution risk here.

There are no more negative posts on ADVFN. It's like tumbleweed over there.

He's probably referring to the two sells on 29/12 on the AIM market. Total of those was 1,770,250 shares. Value £20,000 give or take..

Merry Christmas everyone. I hope all those 2.5p warrants mean 2026 will see strong revenues and a 5p share price!

Same here. I also have a AJ Bell account, and it is there. Lloyds/Halifax are really bad for things like retail subscriptions such as the Kazera one. I think their platform is old fashioned and inflexible when it comes to things like linking into book building applications for placements. AJ Bell is much better, and the company is more progressive.

From within AJ Bell stock search, just enter "KAZERA GLOBAL PLC RETAIL OFFER" and it comes up.

Https://www.youtube.com/watch?v=Rc-mWDxY53E

Dennis mentioned that they have some interest in Aftan in the last Stockbox interview (24/11). It was only a passing comment but he said they are talking to a couple of people. Something may come of it.

It's worth adding, we should applaud Dennis for organising a retail offer. £300,000 is a tiny amount of money by City standards and they could easily have raised the money in one block elsewhere with much less effort.

I've done the same. I had 5m shares. I've bought a further 750,000 from the market at a little under 1.4p. The placement and the associated warrants if they are all taken up (which they might not be) represents roughly 20% dilution. I'm sort of keeping up with events this way.

It's possibly many of online nominee brokers won't bother getting involved with the Bookbuild platform, so people who have shares on those platforms won't be able to subscribe even if they want to. So the take up remains to be seen. We'll see.

Actually re-reading stephen49's post, I think he isn't suggesting the warrant price might be lowered if the price rises above 2.5. Ignore that bit of my last post please. It's shame LSE doesn't have an edit facility in these situations.

This sentence from the RNS tells you something important to think about:

"The Company has the right to accelerate the warrant exercise period should the price per Ordinary Share trade above 2.5 pence for more than 10 consecutive business days. In such circumstances, holders of the warrants may be called upon to subscribe for the new Ordinary Shares attached to the warrant or lose such right."

This means if the share price rises aggressively - which it could once they start reporting profits regularly or if the company is taken over - Kazera could bring the excise period forward. If you don't have the spare cash to buy your shares at 2.5p each at that point you will lose your rights. The exercise price of the warrants will never be reduced below 2.5p as steven49 is suggesting. I wouldn't bank on an extension to the exercise period once the principal investors (Tracarta and Jennings) have paid for theirs.

Personally I think it's a good time to buy shares now at a discount to the placement shares, let alone the warrants, and take on a bit more risk.

The 7.5M trade on the 13th @ 1.3 was RNS'd as an increase in holding by Spreadex on the 14th.

Yes! I wonder who sold them? I guess the buyer is probably Spreadex. Encouraging anyway.

@FB To add to Max19's advice, I'd recommend contacting Dennis and discussing your concerns directly.