Member Info for harvd

Yes, that makes more sense 👍

My guess would be the early repayment of the loan from last August could have necessitated this large share sale. Guaranteed 40% profit on the warrants that would replace them. Returned loan money then available to deploy elsewhere(or indeed used to purchase the warrants) and at no loan investment detriment. Nice!

Interesting points FB & AGBR.

Regarding the Perdevlei mining permit, the EA was received early, 20/11/24, leading to the hurried small loan which will lead to a potential dilution.

I think we can safely assume an appeal has been lodged as the 21 day period for interested and affected parties to lodge any appeals before the Mining Right can be granted must well and truly have passed.

Kazera will probably be waiting a fair bit longer for the Mining right to be issued.

Hopefully we will be updated on the process shortly.

Hey Panda, why accept an offer for Aftan? I've always thought that KZG should continue with their pursuit of Tantalum. The figures of predicted monthly revenue were mind boggling!! We did appear, in my opinion, to have sold before the true value came out (unless the figures previously quoted were overly optimistic)

Why pass over this opportunity? Let's face it, we are an investment company and both KZG and Arcadia have had a subsidised start by monies received from Hebei, machinery has been ordered and manufactured and competent workers recruited. Why not join forces with Arcadia?

Why hand this over, unless of course a very attractive offer is received?

If previous figures were correct, going forward this should be a monstrous cash cow.

KZG may well be one of the interested parties with financial capacity, especially as WHM is now up and running.Time will tell.

Regardless of the above, it would appear that the outcome of the 60 day expedited arbitration proceedure result is now way overdue.

Yep, and I bet that's why the market for selling has completely ceased over recent times, I think Charlie and chums have moved on to their next disaster flooding the market here with their cheap ill-gotten shares. Not sad to see them go if that is the case, just a guess though 😉

Maybe it's just Charlie carrying on with his Fire Sale? He may have finally given up waiting for the dividends he talked about all those years ago !

I don't think we need to acquire it, we just need a licence to mine it I think, recent investor meet company interview states application in progress.

You have to almost laugh when you think that the share price was at 2p when KZG had no business as such and the hope that a bunch of Nigerian investors would be turning up to be our saviour, how things have changed for the better, with the exception of the share price of course!

I liked the bit about the ongoing permit application for the neighbouring resource being of equal grade, self-replenishing and 30X larger !!

After years of waiting and accumulating I am in no rush to sell until the share price reflects true value. I'm certainly not going to 'scare' into selling when the mm's play around with the price. I'm patiently waiting for:

1) Confirmation that production is underway.

2) Off take agreements have been signed and money is coming in.

3) We receive the balance of monies owed for Aftan or get it back

4) Ongoing permit applications for Perdevlei have been finalized.

I'll then happily consider selling as the share price should be significantly higher and I may finally receive a return on money invested/gambled!

Mr C, showing on the Aquis exchange under the KZG.GB epic.

I couldn't agree more OBW, having waited for such a long time to see any kind of return from this share it would not seem sensible to bail at the first opportunity like most stale bulls do!!

I have read that after about 1 year of full production is the sweet spot for achieving the best return and who knows by then they may have the Perdevlei permit and Tantalum money and therefore a significant uplift in share price should have occurred.

Ooh err !!

Hopefully won't affect KZG progress!!

Apart from the bit that it was stated that the income from diamonds would cover the South Africa operations.

And who knows, Arcadia/Hebei may even be relying on Aftans licence to extract water from the Orange River?

Kazeras licence took years to get.

Arcadia/Hebei are hoping their processing plant is up and running in the 1st half of next year so maybe Hebei will have to cough up the balance of monies owed to prevent the tap being turned off?

So payment next year then? We'll as a long term shareholder I am used to waiting....

Good news in a round about way, Arcadia minerals have recently,(21/6/24), confirmed the appointment of a project manager to oversee to installation and commissioning of the tantalum processing plant at their Swanson site next door to Aftan,so things still seem to be progressing in the area.

Agree mrcautious, this share seems to be more 'draggin-ass' with its seemingly infinite ability to deliver delay.

I'm sure DE will want to do things by the book as he is a lawyer, also the delays to the permit have effectively stopped the income stream to the government as diamonds are not being recovered and mining taxes on the export of HMS cannot be collected until sales are made. I'm sure this will be being pointed out to the authorities who are currently missing out financially. Let's see what the update brings, hopefully tomorrow?

MM's will unusually take millions of shares, selling in much smaller quantities. Draw your own conclusions.

Nope, 2 X 1 million defo buys 😃