The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
"The Company has submitted final accounts to its auditors, which is currently conducting its review process that it hopes to conclude before the middle of March 2023."
GLA
Yeah, great post Agricore, following resumption (whenever that is - hopefully bloody soon lol), it's that long-term picture which keeps us here.
Although at present, I am deeply disappointed in DE for this debacle of suspension.
GLA
Including today, only 10 trading days left in Feb!
Expanding the HMS business as per their tweet
-The Walviskop project covers over 5 hectares of beach sand deposit
- KZG is in the process of applying for rights over a number of nearby areas with a view to expanding its mining area
still active on twitter
https://twitter.com/KazeraGlobalInv/status/1622605596242444290?t=U_aFRr2m8zq4rvh98abaXw&s=19
Oh and looking forward to "The Company expects to release its full year results for the Period during February 2023"...yes, I know the month only starts tomorrow but we are edging ever closer ...GLA
incoming RNS expected this week confirming " A further USD1,897,866.49 is expected to be paid by Xinjian by the end of January 2023"
In my view, yes we are undervalued. The recent sale of the lithium/tantalum business adequately covers our market cap. The HMS/Diamonds business is thrown in for free, harsh considering it is a valuable resource however, until we/market get the details of the cashflow being generated we will continue to bob along at this suppressed SP price, deemed as just another jam tomorrow aim company.
Here's to some actual numbers in 2023!
At this stage honestly, i'd just be happy to get some actual production numbers and cashflow generated profit numbers for the HMS (and those long-awaited Diamond numbers!) for this current beach.
Show the market the numbers and cashflow, then a ramp up at current beach and obtaining adjacent beach will have the desired significant impact on the SP.
recent tantalum/lithium sale covers the current market cap and because we never had any production/sales/profit figures the 2.5% on future sales is lost in translation due to lack of numbers IMHO....and now going forward when 1 of the 3 interested parties signs an offtake agreement for the HMS we should finally see some upside providing the figures are not cloaked....oh and and on the topic of figures....still awaiting diamond figures....before anyone says "Go Figure"...wish all the best in advance for the New Year and beyond!
GLA
thanks Poppyseed.
still waiting on actual production and profit figures...
GLA
another post
https://twitter.com/KazeraGlobalInv/status/1603710787163398149?t=fpK1Vsbz9Mj2l-iXo61cAw&s=19
prove to the market this is indeed a profitable and cashflow positive generating business, that will set the SP alight IMHO
Production is important however, big box tick for me personally, will be Profits
"- @KazeraGlobalInv have already exceeded production targets for 2022."
What we/market want to really know is what does that translate into financially i.e. cashflow and profits generated.
Bring in 'stockpiles' of profits and then the market will wake up to KZG until then it's just another aim company selling us the dream. Time to deliver and show the dream has turned into a reality.
GLA
From yesterday's tweet "Beginning of the stockpile on site. " ...like everyone has stated now is the time we/market need numbers namely profit figures.
https://twitter.com/KazeraGlobalInv/status/1602301848672665600?t=CsgDPUe5AQlhePRdxoBoFg&s=19
https://twitter.com/KazeraGlobalInv/status/1601166015710334976?t=Sw7eGm-7eXAsyrTLBoiiNA&s=19