Member Info for Funkybeats

Steven he doesn’t need to buy shares. He has millions of them as rights at 1.7p I believe . It was RNS some time ago.

Very good post. As reminder LJ said he knew about this mine years ago. He ain’t jumped on this for a holiday. This is his legacy and we will all be proven right. Remember also he said in that interview that people will wish they had jumped on board. That’s as good for me. 40 years old and if this goes the way I expect by 42 years old I will be playing golf every day loving life and meeting up with some of u guys for piss up lol

May be a possibility as we said it depends on the deal that’s being offered.

U will have jorc and phenomenal results that am sure of

The fact u have 2 companies wanting the tantalum and lithium and wanting to pay for the pipework tells u that there could be a discounted deal somewhere on the basis of putting up the pipework. So they pay slightly lower than
Adler value for stumping up the cash for pipework but that depends on rate of return and whether KZG would be better raising and then dealing with the suppliers for lithium and tantalum.

Thing is that tender for pipework was out last year and responses came in months ago. Ur not telling me that it takes best part of 15 months to evaluate tenders and still negotiate on costs. That’s just bullshit so I am actually expecting that pipework has already started. Remember when they were buying machinery etc of upgrades they didn’t tell us when they bought the machines. They told us in the next update that that had bought.

Not long to go. But in Larry we trust and I have full trust in him

Was reading the RNS from ironveld today and fact they never got offtake agreement. Do I think there is any possibility of KZG not signing an offtake agreement. Not a chance. They have numerous companies going after this. We have high quality tantalum and 2 interested parties claiming to be interested in the Orange river pipework. I am not sure we will get single supplier agreement. More like a three way agreement between all parties. Would be delighted with that outcome tbh. Long term agreement for lifetime of mine I would expect and bingo. Cash me...... FB

Tuscan risk v reward is massive here. News will be here before you know it. Hopefully good news

It ain’t 8:25am lol. They have history.

Also at other times also.

Wait n c but an update is well due

Am guessing RNS tomorrow . See if I am right or not

Thanks for sharing.

Fully expecting RNS to land tomorrow. End of the month update and now 2 month since last update. Probably a staller saying discussions ongoing. Would fuking laugh if that was the case. 8 weeks of drinking tea and coffee round around a table to get something like that would just piss me off no end. Fingers crossed we get a good one though and start seeing a increase in sp. remember I expect history to repeat itself from time in 2015 when this started below 2p and hit 14p . Same again and more please. FB

We only did a placing for £500k in March. If terms of JV ain’t good they could go it themselves. Another placing for pipework value with tracarta footin the bill to get another chunk of shares at 1p. Another and last chance to increase there holding before jorc news. Thoughts

No fuking excuses. Been waiting for past 2 years on an actual jorc and timelines continue being pushed out. This time we should now excuse Larry. Full update on JORC, of take agreement and Orange river pipework.

RNS 9 April 2018 Tendering process has commenced for the laying of pipework for the newly approved Orange River Water Project with the intention of utilising solar power to drive the system

RNS 19 March 2019 the Company has completed the tender process for construction of the pipeline and has received satisfactory proposals from experienced contractors.

Tbh 1 year to evaluate tender returns is actually nothing short of embarrassing but hey ho

Next RNS which in my opinion will be golf will include

Offtake agreement
Orange river pipework already commenced and being paid for by 3rd party
JORC update
Onto next area for sampling.

Watch this space and have a good weekend.

FB

For those new to the share. This is a must read. Courtesy of poster 1750mk1 who posted this on here some time ago.

https://inis.iaea.org/collection/NCLCollectionStore/_Public/08/327/8327940.pdf

Yeh LJ I do trust. But just putting that part forward re Gilles clarke quote. As most on here believe and surprised trader has mentioned it before that more likely JV with company for sole supply agreement and with them footing the bill for pipework. Just need to wait n c. Next update crucial 100%. News has to be pivitol in that and transformational either way. Thanks for comments re ankle. Appreciated

Taken from RNS 3 August 2015

It is anticipated that the first phase of production, commencing in Q3 2015, will see a build-up of throughput at the course recovery plant to treat up to 10,500 tonnes per month; estimated to produce around 5,000lbs Ta205 per month. The second phase of the development programme would focus on fines recovery which should increase throughput to around 15,000 tonnes per month and output of 9,200lbs Ta205 per month by mid-2017. The Directors expect that the costs of production will be amongst the lowest in the industry. An independent study has confirmed the estimated resource of 843,000t grading 490ppm Ta2O5.

Also on 19 March 2019 RNS a key paragraph states Management regards these initials results as encouraging and comparable with the historical results upon which the 2015 Venmyn Report was based, and which was not compiled in accordance with JORC guidelines. In other words linking back to the rns from August 2015

We have a mine of 15 years life producing high quality tantulum. Customers vying for sole supply agreement and paying for Orange river pipeline and most importantly this part from rns 19 March that states “Larry Johnson, CEO of Kazera, said: "As we await the imminent results from the second laboratory's tests to achieve a JORC compliant resource at Homestead and Purple Haze, we are highly encouraged by the initial results of the drilling campaign which suggests strong Tantalum potential in the Homestead and Purple Haze deposits. With further drilling ongoing at Signaalberg and White City deposits we are excited by what the next phase will deliver.

"I am also extremely encouraged by the discussions we are holding regarding funding of the Company's operations by two international groups. ThEIR INTEREST IN THE MINE SPEAKS TO THE VALUE WE ARE REALISING and we look forward to updating shareholders as further results are achieved."

We have a penalty with an open goal in my opinion. £5m market cap with potential of $200m revenue over 15 years excluding lithium. What is not to like. It’s just a case of patience. All the hard work has been done with exception of Orange river pipework but when u have government approval to extract water from Orange river well u no the government know exactly what we have. Again 12-18 month and we will be at full production and 1p a share will be a thing of the past.

Also remember this Gilles Clarke spoke in earlier presentation about dividends and he did say he was alll for that. He also said we were to work out the value of the company ourselves. Based on my previous valuation of the company etc does anyone have any thoughts or changes to my calculations?

Ps ankle getting stronger each day, still giving me problems and have a scan in 3/4 weeks. Been 7 months of hell but they did say 12 months min so only 5 months to go. Thanks for asking.
Cheers guys. Funky

We haven’t gone more than 2 months without RNS. Last update was 29 March. We are on the 20 May. Am going to jazz ars a guess and say next update defo before 31 May.

I can’t see anything other than good news but let’s wait n c. Everyone knows my thoughts on this. Remember my research is based on summarised published RNS and interviews. As much as I may write my reports up on the basis of positive u have got to remember it wasn’t long ago I wanted to meet LJ face to face. I would ask any one to go over my reports that I put forward and map it against the RNS and interviews. All factual information. My take on where the value of the company is again based on information from presentations and some minor assumptions on price per KG of tantulum but if this was a bag of shite I don’t think we would have been throwing best part of £6m at this to get it up to speed and I don’t think Larry Johnson at his age would be living onsite in Namibia if he didn’t think within 3-5 years from his appointment he would be sitting on a golden ticket. I always go with my gut and my own research and although we are in the dark in terms of next update we ain’t in the dark in terms of how the story is being told. The strategy is there from RNS and interviews. Again when u map it out like I did and with my experience in developing and writing market strategies I would bet on this being a gem. Ps Tuscan yeh procurement manager or purchasing manager same thing now a days lol.

Come on mrcautious I am excited hehehe. C what I did there lol

Gmed u sound exactly like me and my situation. Think u will remember my posts from while back when I said I have now lost all contact with my wife’s family because of this one and only share. They think I am a fool for buying something in Namibia and the fact the sp is where it is etc and it’s like they want this to fail to say get it up u. I was always critical of LJ until I did the research myself Into how the company have acted over past 4 plus years and even when he came in it was his fault that sp went opp 14p to where it is. Actually now looking at it if it wasnt for him I would have lost all my investment In this. As a procurement director at Kemmet he didn’t get to his position without integrity and he said that himself. He has been brought in to deliver strategy and improve that quality. He has delivered everything so far and yes it’s resulted in downward sp but the smart ones like us can see the strategy unfolding and that’s why we are still here. I have full belief that next end of June Q2 will prove he ain’t no fool and the sp will respond positively like u have said mate. Good luck to us.

The naysayers = 9mins in for those new to the share
https://m.youtube.com/watch?v=3fIkXB2Yxm0

Fortitude thanks mate but there are a few including urself that are ambassadors for this company. Stuck through it and here is hoping we all end up with plenty of cash for our efforts and stamina lol. Many have thrown in the towel but we are still here and going no where fast. Even at 5p a share knowing what is still to come I won’t be selling

Thing is if I have called this right and those that have been buying have been quietly accruing behind the scenes then there will be some very wealthy folk on this group.

Aye but the RNS from 29 March said · Completed Homestead and Purple Haze drilling with JORC compliant resource estimated to be completed by the end of Q2 2019