Member Info for Funkybeats

Anyone have a link to this?

My last research showed that MIBRA in Brazil is the largest tantalum producer and is part of the advanced metallurgical group (AMG) I did some research on AMG RNS and Share Prices as they spent significant amount of money $7.2m getting their site ready for full production. I wanted to see if there was similarities between KZG and AMG.

https://www.lse.co.uk/ShareChart.asp?sharechart=0LO9&share=Amg-Advanced-Me

https://amg-nv.com/investors/press-releases-price-sensitive/

Look at what happened around 20 July 2016 and 4 aug 2016 and then how the share price reacts.

Share price goes up over 800% in 18 months and they start paying dividends.

Just an example of what can easily happen here when this gets moving

Honestly. Cause I believe that this mine will be one of the leading mines for tantalum in the world.

1) we wouldn’t have spend close to £6-7m on plant upgrades if it was a bag of ****e

2) we wouldn’t have the big fish customers hovering above to get involved and willing to pay for the water pipeline if it was a bag of ****e

3) we wouldn’t have changed name to something with global in its name if it was a bag of ****e

4) we wouldn’t be releasing RNS stating exceeding expectations and excited etc if it was a bag of ****e

5) I am playing the long game here now. This mine is going to be for 15-20 years. Right at the time where demand is going to be crucial (electronics etc etc) just need to read the information I posted recently. Also legislation for conflict free tantalum. Am accumulating. £2m market cap is just silly. Our time will come.

Hahahah. I tried to stay away for my own sanity tbh but the more I read and research the more I believe that in a few years we will be fine.

27-Dec-19 13:20:17 0.435 227,357 Buy* 989.00 O

30-Dec-19 13:53:37 0.43 230,001 Buy* 989.00

That’s them there

https://books.google.co.uk/books?id=en5eBAAAQBAJ&pg=PA25&lpg=PA25&dq=tantalum+contracts+confidential&source=bl&ots=ygY9Mhp-CL&sig=ACfU3U00QKVB7AoWIBYOPFx-KJf7Nm-U9A&hl=en&sa=X&ved=2ahUKEwjA8ZCqxN3mAhV1s3EKHdpNDYAQ6AEwDnoECAkQAQ#v=onepage&q=tantalum%20contracts%20confidential&f=false

Some key statements from this book

1) the tantalum market itself is not transparent

2) read section 1.2 of page 18

3) top of page 25 talks about how tantalum
Is traded. It’s not traded on open market. Instead negotiations take place on a bilateral basis between buyers and sellers around the world. Prices are privately discussed and purchase contracts between buyer and seller are CONFIDENTIAL. Large shares of tantalum are sold through long term contracts with fixed prices.

4) Appendix A found on page 140, second bullet point. The current largest operating tantulum mine.........

Regards FB

Another £2000 into this and another 460,000 to add to my collection.

In summary 2

I started digging into other types of mining companies to understand how long the full process would take from starting back up to full production. I then came across some articles about companies stopping production. The only 2 ways u stop production Is 1) to work on the full JORC and get full understanding of the mine life and value. And 2. If 1 is already done then it’s down to over supply meaning downward shift in price (that’s if u don’t have a long term contract and only into spot producing / buying / selling)

We will be producing low grades and high grades. Our customer will want the high grades for sure. Kazera trading set up recently will be for low grades. This is where it gets exciting. We will have multiple offtake agreements. 1 for low grades under the new company being set up and 2 one for the high grades being set up. In terms of the water supply my thoughts would be that LJ must be negotiating a deal where the customer or customers get the high grade material for long term contract ie length of the mine ie 15 or so years. The customer will get a small reduction off the price of tantalum so that there is a pay back on the installation of the pipework over the period of the contract so all parties win win.

The last RNS said this

The proceeds of this placing will be used to provide additional working capital for the Company and in particular, to complete Phase 1 drilling and begin the Phase 2 exploration step-out drilling which we expect to identify further Mineral Resources, and to allow the Board the ability to evaluate additional acquisition and investment opportunities to ENHANCE THE LONG TERM value of the Company for shareholders.

Remember this also from Previous RNS . In the prior year, the Company announced that the project in Namibia had entered into a trial production phase, and therefore moving out of the exploration phase. As a result, the classification of the exploration asset has been revised as a Mine under Construction.

Also Phase 1 drill programme to be completed by the end of 2019 calendar year (RNS Monday or Tue am)

Commence phase 2 drill programme across the property. Expectation of completing the Phase 2 drilling programme by the end of first half of 2020

What gets me is they have only stated two phases. Not multiple phases meaning come July or August 2020 we will have drilled the key areas of the mine. HOWEVER we will require results etc so therefore in my opinion we are looking at 2021 for production.

This would mean we will need cash. Not sure if low grades tantalum sales will cover our costs but I think it will and therefore there should be no requirement to further raise unless they do so for another 6 months. But even then not at today’s price. The last one was done at 1.7p. So do we get a wopping RNS on Monday or Tuesday that pushes the price up multiples?

Honestly think this is load up time. Remember our market cap is £2m. Producing high end tantalum with

In summary
They have known all about this and are positioning themselves for this upturn. They have stopped production as the price of Tantulum is **** at the moment due to supply outstripping demand (Australian ramp up) KZG are concentrating on high grade Tantalum thou and as such are going after big fish. This was previously reported in LJ interview. They have spent millions getting the mine up to standard in consultation with the customer (long term agreement / collaborations) they have concentrated on the JORC as they want to know the levels of material in this site and all RNS have stated that the material is there and is off high grade and exceeds expectations. Remember the mine is to last 15 years or so but could be more subject to results of JORC.

Basically we are have positioned ourselves to be one of the highest grade Tantalum producers globally with grades above 48% and looking at increasing this. (Remember the name change from Kennedy ventures to Kazera GLOBAL)

The Kazera trading company set up will be for the low grades. That’s my personal view (from stockpiles)

We have government approval for water extraction and tender process complete with known costs. I fully believe we will have a joint collaboration with the big fish in 2020/21 with a multi year contract and a share price that will be multiples of what we are on the now. Just need to keep digging for that JORC across the full mine to give us the full geology of that mine.

This was taken from previous RNS Chairman’s statement in 2018 Kennedy continues to work closely with Aftan to fully understand the full potential at TVM. With the appointment of Larry Johnson after the Period-end in January 2017, Kennedy is now well placed to take advantage of an improving commodity environment. Following the completion of the plant upgrade and associated enhancements, we expect Aftan to become a high margin tantalum producer. LJ quote I’m going to continue growing this company on a global basis”.

The EU’s new Conflict Minerals regulation will come into force in 2021 and parallels the aims of the 2010 US Dodd Frank provision to put more responsibility on the shoulders of consumers. The London Metal Exchange also aims to bring in a ban on the trading of metals that are not responsibly sourced.

As of 2017, there are only a handful of countries producing tantalum ore but there are very large differences in production quantities among these countries. Australia used to be the largest producer, but its share declined drastically after the main producing mine closed in 2008. Brazil is a major primary mine producer while large quantities are produced in the DRC, Rwanda, and other African countries by artisanal miners. Additional quantities are produced intermittently or at low levels in Australia, Burundi, Malaysia, Mozambique, Namibia, Nigeria, Thailand, and Zimbabwe

3) The key strategies adopted by the companies to expand in the Tantalum Market are product launches, mergers & acquisitions and agreements & collaborations. These strategies would provide efficient products and yield strong performing products that support the market regulations and finally, exhibit better customer satisfaction.

4) The global tantalum market size is expected to observe steady growth over the next few years. The rising adoption of technology, automation, and digital data, is expected to drive the product demand.

Capacitors segment led the global tantalum market in 2017, in terms of volume and revenue. The product is used in the manufacturing of electrolytic capacitors. These electrolytic capacitors are widely used in several industries including medical, space, renewable energy, and others. Growing adoption of renewable energy is likely to drive the demand for capacitors for grid integration. Superalloys are expected to be the fastest growing segment in the global tantalum market. The product is widely used in the manufacturing of single crystal turbine blades for aerospace and industrial gas power sectors. As per the data published by Airbus in 2017, the number of aircrafts is likely to double by 2037.

Therefore, rising demand for new aircrafts for commercial operations around the world is expected to drive the segment growth over the coming years

2) Tantalum has historically been susceptible to rapid changes in market balance with volatile price movements. During the Australian ramp up, tantalum prices responded with a sharp decline, falling from US$100/lb in mid-2018 (for 30% Ta2O5 concentrate, CIF China) to US$54/lb by Q3 2019. However, the timing and level of this recovery depends on several factors and prices are unlikely to return to their previous high. Firstly, there will be the shift in regional production in the coming months and the availability of supply to consumers, some of which are expected to look for safety in higher cost, longer term contracts

1) Over 50% of the world’s Tantalum supply goes to the electronics industry in the form of powder and wire to produce Tantalum capacitors. Almost every high quality electronic gadget or device you can think of will include a Tantalum capacitor.

mobile telephones/laptops/computers/printers/ media electronics (TV/disc drives/DAB)
commercial and military aircraft electronics/ missile guidance systems
down hole oil and gas drilling
automotive electronics
medical equipment
microelectronic circuits
A further 35% of Tantalum stock is used in the production of super alloys. Component parts made from a Tantalum based alloy are highly heat and corrosion resistant, whilst retaining strength for high stress applications, making them ideal for use in industrial gas turbines, jet engines, ballistics and chemical processing. Maintaining its structural integrity at high temperatures and prolonging the life span due to its corrosion resistance make the use of Tantalum in re melt super alloys in the manufacture of high cost, critical components reduces the operational and maintenance costs, so making them more cost effective.

Capacitors segment led the global tantalum market in 2017, in terms of volume and revenue. The product is used in the manufacturing of electrolytic capacitors. These electrolytic capacitors are widely used in several industries including medical, space, renewable energy, and others. Growing adoption of renewable energy is likely to drive the demand for capacitors for grid integration. Superalloys are expected to be the fastest growing segment in the global tantalum market. The product is widely used in the manufacturing of single crystal turbine blades for aerospace and industrial gas power sectors. As per the data published by Airbus in 2017, the number of aircrafts is likely to double by 2037.

Therefore, rising demand for new aircrafts for commercial operations around the world is expected to drive the segment growth over the coming years. On the basis of geography, the market is segmented into North America, Asia Pacific, Central & South America, Europe, and Middle East & Africa. Asia pacific is expected to observe a significant growth owing to rapidly expanding consumer electronics industry in the region. Asia Pacific is among the major markets for consumer electronics owing to the presence of a large number of regional and international companies. India became the second-largest user of smart phones after China, with nearly 1 billion users as of 2018.

Some of the prominent companies in the global market are Advanced Metallurgical Group, Cabot Corporation, Alliance Mineral Assets Limited, China Minmetals Corporation, and Tantalex Resources Corp. Most of these companies are adopting smart mining techniques to increase the production capacity and efficiently enhance their overall tantalum output.

The global tantalum market size is expected to observe steady growth over the next few years. Tantalum is a lustrous, hard, blue-gray transition metal with excellent corrosion resistant properties. It is normally found in mineral groups, such as coltan, tantalite, and columbite. The product is majorly processed from two sources including minerals and tin ****. It is used in its powder form for the production of electronic devices including resistors and capacitors. In addition, it also plays a key role in the manufacturing of smartphones. Thus, increasing adoption of smartphones, specifically in developing countries, is expected to have a positive impact on the market growth. Moreover, rising adoption of technology, automation, and digital data, is expected to drive the product demand.

Democratic Republic of the Congo (DRC) and Rwanda are the top producers of tantalum concentrates. Other producers include Australia, Brazil, China, and Nigeria. In addition, Africa accounts for more than half of the global tantalum reserves. However, the region is also under significant conflict specifically in DRC. The DRC registered nearly 17% of the global production in 2014, as per the United States Geological Survey (USGS) statistics. However, government had little operational control over the mining of product. The armed groups dominated the mining of conflict minerals, such as tin, tungsten, and tantalum, in the country. The extracted minerals are smuggled out of the country and shipped to smelters in East Asia.

In order to regularize the sourcing of mineral, European parliament voted on a regulation in 2017. The regulation asks European companies to take responsibility in regards to sourcing of the mineral from high-conflict zones like DRC. The European parliament is taking such steps to ensure that the supply chain of local companies remains clean. The regulation aims at acquiring mineral in lawful manner while supporting the local communities. This regulation is likely to make a huge impact on industry’s dynamics over the next few years. On the basis of application, the global industry can be segmented into capacitors, superalloys, chemicals, sputtering targets, and others

Following on from previous message. According to the company a 30% recovery of tantalum would produce 100 tonnes of tantalum a year at Ta205.7

Global Advanced Metals' (GAM) resumed operations at its Wodgina mine in January 2011 after it had been on care and maintenance since December 2008 as a result of the global financial crisis. Throughout 2009 and 2010, the company continued to process tantalum pentoxide (Ta2O5) from its ore stockpiles. the initial recommencement mining rate will be at 700 000 pounds a year, the Wodgina mine has a capacity to produce 1.4 million pounds of Ta2O5 a year from tantalum-bearing pegmatite ores at the Mount Cassiterite and South Tinstone open cut mines. The operations at the mine closed again in early 2012 following softening of demand for tantalum. In 2011, GAM established an agreement with its neighbour, Atlas Iron, allowing it to use the infrastructure at the mine to support the company's iron ore production.5 GAM's Greenbushes operations includes an open cut and an underground mine, primary and secondary tantalum processing plants, a tin smelter and a lithium plant. The company's primary tantalum plant remains on care and maintenance. Its secondary processing plant treats stockpiles of primary tantalum concentrates from the Wodgina mine. Processing of newly mined Wodgina ore commenced in mid 2011 but closed again in early 2012. The company's Greenbushes tin smelter is closed and its lithium operation produces various grades of spodumene products (see Lithium Chapter). During the December quarter 2010, Galaxy Resources Limited commenced production from the Dowling Pit at its Mount Cattlin lithium tantalum project (hard-rock spodumene) north-northeast of Ravensthorpe, WA. At full production, the project is expected to produce 137 000 tonnes a year of spodumene concentrate grading 6% lithium oxide (Li2O) and 56 000 pounds a year of contained Ta2O5 in concentrate. The company announce a temporary halt of operations in July 2012, which was extended in March 2013. According to the board of the company, Mount Cattlin was developed as a feedstock provider for Jiangsu Lithium Carbonate Plant in China but the high Australian dollar placed pressure on the cost of production. The operations at Mount Cattlin will remain ready to restart in the event the company needs to resume production and to retain security of supply. Galaxy Resources Limited has a five-year sales agreement with GAM under which it delivered the first shipment of tantalum concentrate from Mount Cattlin in March 2011. The shipment of 20 tonnes had an average grade of 2.3% tantalum pentoxide.6Alkane Resources Limited anticipates commissioning Toongi (Dubbo Zirconia Project) in late 2015 for the project to be in full production in 2016. However, tantalum is not currently considered in the output of the project, although the ore contains significant concentration of tantalum. Preliminary testing for tantalum recovery by the company conducted in 2012 provides promising results, but the company emphasised the need for further testing at a much larger scale to consider commercial-scale production

Not posted for a while but still holding.

I am still of the opinion that things will come good but I ain’t willing to invest anything else at the present time. I would rather buy in at 1p knowing we have clear strategy. Also still of the opinion LJ will not let us down but it’s gona take time so I will leave it in his hands and let him get on with it. Thing is only a select few know for sure if this is the real deal or it’s a big con but am going on record as it will be real deal due to LJ having integrity. You need that and morals it ur a procurement director.

Hope all you are well
FB

As always Animal totally respect your posts and let’s have our fingers and toes crossed that this LJ can pull this off.

Even the KZG twitter page has stopped working. Everything about this company is basically a Fuking joke