Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
As the herd drift off into the sunset, some licking their wounds others counting their spoil, its worth looking at the time scale here. As from this Monday we will have only seven weeks to complete . Take out two weeks for arranging the necessary AGM and an early / mid October looks a likely announcement window , in other words only five weeks away. Both GCs mining companies are at roughly the same stage and I fully expect to see them bounce off each other not least because of shared shareholder interest. Ironveld is on course for full production and I don't see anything stopping this momentum.............
As we approach the 30th Dec deadline its worth recalling what’s at stake here. IIG have been working with the Ironveld board for over six months now. We have missed one deadline due to Covid but I do believe we will hit this one. IIG have granted a 200 k loan to Iron to tide them over. The main loan namely £10 million is the one eagerly awaited. Further , the two parties are very much committed here with a nasty sting in the tail for IIG should they not complete namely £210k,not an inconsiderable amount. Further down line post deal the plan seems to be for the Singleberg smelter at Joberg to be recommissioned to enable early production. We really are within a hairs breath of a transformational moment.........................
Poppyseed you have tis in one. The declared aim of LJ is to expand the business with companies that have short lead times, highly trained and motivated management and employes with metals that have high profitability and at the near bottom of the cycle price wise
LJ is an expert here and will grow the business this way that should bring us spectacular results.....................
I have little doubt that the company began mining at beginning of August and that diamond sales will follow now in quick succession. We are not dealing with muppets here but a highly motivated,highly experienced and fully engaged team in the mining process. There are those on this board who still think that none of our products have any commercial return or future. Nothing could be further from the truth.! The profits from an increasing diamond price and scaling of the diamond production will more than support the planned pipe line for tantalum mining. As I have said before I fully expect through acquisition further new businesses to come on board. I was told I was crazy when I mentioned this prior to the diamond business coming on board. A period now of growth through acquisition will gain momentum as we go forward. A very interesting period lies ahead here..................
We have been very unlucky with the the covid 19 delay which with the 8 years already spent getting to this stage has sapped investors confidence dramatically. For sure we have a rising commodity market including Fe and further a very capable CEO in Martin Eales with track record in Rare Earth Minerals . What should be remembered here is that we are supplying High Purity Iron which bears no relation to ordinary Iron. The price for HPI is in the £450 - £750 per ton very much depending on quality. September 30 is not far away now and yes I do believe the finance will be in place by then. Regarding share price as I have said before will increase rapidly on a good financing deal which will be a game changer . When the Herd arrive and they will rational and reason go out the window.................
This was never going to fail as I been saying for nearly 7 years.......My only slight reservation with Giles Clarke was that he didn’t replace Peter Cox earlier.....having said that P C is a brilliant brain for the organisation of everyday running of the business........G C likewise is just one in a million, certainly the best entrepreneur I have seen......... Giles ......really would like to see you do another UK shell company. ....the ease and mastery of Sovereign was nothing short of spectacular...........
Hi Ismalia.......
Yes odd.....would tend to favour later.......on Centurion was pleased to read patient was responding to treatment which apart from greater financial controls would almost certainly mean far greater emphasis on the net.......like you , demise of Transcend disappointing but obviously going to cost too much for company in present conditions......Still loving the two pharma businesses...................
Ismalia.......absolutely agree with you however I don’t ever speculate on price.......generally , markets will always overreact one way or the other. When the herd arrive here and they will, the price will have little to do with worth.........I have just made the same point on my recent Kazera posting...................
easy one this.....THE SILLY SEASON.........
Nothing has changed regarding partnership, both parties working together. Just ,and you have guessed the dreaded Covid19 delaying progress......probably 4 months wasted here so far..................the good news the rewards are glittering .........
Whilst it may seem that not much has gone on ,the work load for jorc 1 and jorc 2 has been enormous. In three and a half years LJ has surveyed over half the area in record time....like an iceberg most is below water level...................,
really do flock together.....the Giles Clarke formula of the right CEO with the right multi bagging product = SUCCESS.......Further, the right CEO will then employ the right management.....Sounds simple but most entrepreneurs get it wrong !
As I said back in December 19 this will be a transformational year for Kazera....K Trading will be acquiring new Global businesses in pretty short order.....All will work on the same business principles namely short lead time products , sound staff in place. etc... I would expect to see further down line ,out of Africa companies.......
Footnote
Ironveld on same trajectory...... September 30 deadline for commencement of mining rapidly approaching.........
Hi Ismalia
I have read carefully your concerns about the company and recognise these are covid issues but nothing that will phase the present B of D....I would just point out that even in one of the poorest performing ares,namely hospitality,we still have the B of D talking about new acquisitions.... so would I ! Many good deals to be had....
The balance sheet remains strong and there are many positives emerging from all sectors....
As mentioned I cannot underline strongly enough the potential of the sleep hub sleep system due to launch this autumn.....With the Vivoplex system hard on its heals with possible launch 2021 . The world demand could be enormous with the ability to disrupt the market a distinct possibility.....The revenue from both these products in my opinion could totally dwarf our other products.....yes enormously excited about these two products.
With regard to Ironveld,I am and remain a very strong holder here....We have as the deal stands till 30 Sept to complete....there's absolutely noway this deal will not conclude, we just need all offices to reopen in South Africa
I have been posting on Kazera recently but will soon be back on Iron soon......................
Funkybeats..... Good to see you back and hope we will see alot more postings from you going forward....Firstly I didn't make it clear that when I mentioned year end production I meant for the diamond business not Tantalum mine.....I agree a year plus for Tantalum is on the cards....I have spoken many times about the price crash which was very hard for investors but in my opinion we had to start a completely new business three and half years ago with the arrival of Larry Johnson......We are about to witness the growth here of a very large business.....the patient will be rewarded.......
I have been writing about GCs two mining companies for what has been well over five years now. As I have made plain many times mining is a very slow process. That said, we have in both Ironveld and Kazera a first rate management team with exceptional products. This combination is typical of every G C company composition. In the case of Ironveld ,production plans will start at the latest September 30 under agreement terms. With Kazera , I believe we will meet years end production start. Kazera is firmly set on expansion by acquisition largely driven by Kazera Trading and will accelerate as we become a truly global business . As this process accelerates it will become evident just how good Larry Johnson is. For those of a sceptical nature they may soon have to start searching their fridges for the humble pie !!....................
Once again nonsense being written here again ! When on earth will it stop. S49 did I read you right when you said you no longer held shares in either Ironveld nor Kazera ?