Member Info for Hedgehog100

Thanks Manycats.

Hope we've given you some 'paws for thought'.

Date Time Trade Prc Volume Buy/Sell Bid Ask Value
23-Dec-20 11:30:29 1.3275 1 Buy* 1.30 1.35 0.01 O

"Journal of Banking & Finance Volume 75, February 2017, Pages 109-117
1-share orders and trades ...
Abstract
1-share trades are the most common odd lot trade size, accounting for 9.62% of all odd lot transactions and 3.65% of all trades on NASDAQ in 2012. While 50.41% of 1-share trades result from broken orders, 34.89% of 1-share trades are intentional. We provide substantial evidence that traders use 1-share trades to “ping” for hidden liquidity. In particular, our results indicate that 1-share trades are disproportionately aggressive and also execute against hidden liquidity more than any other odd lot trade size. We also find a relative increase in trading immediately following a 1-share trade. Our results are in line with Clark-Joseph (2014), who suggests that traders may use small, unprofitable trades to detect information from other traders. Specifically, 1-share trades represent the minimum cash outlay necessary to trade, while simultaneously producing the smallest possible effects on a market maker's inventory, and in turn, a security's price."
https://www.sciencedirect.com/science/article/abs/pii/S0378426616302035

"KAZERA GLOBAL – TAKES FULL CONTROL OF THE TANTALITE VALLEY MINE. BUY
June 26, 2020 | Posted by admin
... this tantalum mine could make several million dollars a year as it stands without upgrading the plant. ... "
http://www.alignresearch.co.uk/kazera-global/kazera-global-takes-full-control-of-the-tantalite-valley-mine/

This figure could potentially be increased greatly, in four ways:

1. Upgrading the plant.

2. Expanding the mine.

3. Increased tantulum prices.

4. Processing tantulum from other miners

Align research note on KZG, 5th. August 2020:
"... A total of around 300 drill core samples are being prepared to ship to ALS to be assayed and reported by MSA Group by the end of 2020. At this stage, results already look impressive with apparently Homestead, Purple Haze, Snake and Signaalberg outperforming expectations, averaging a 95% pegmatite intersect for holes drilled, Both the lateral and depth extent of the mineralisation host pegmatite remains open-ended. ...
With Phase 1 and Phase 2 drilling completed, a total of 4,212m of drilling has been undertaken and there is still something like 70% of the vast licence area that remains to be properly explored. Investors will have already realised that this area is highly prospective, and it looks as though it could provide plenty more potential for the future. ..."
http://www.alignresearch.co.uk/wp-content/uploads/2020/08/Kazera_Global_Investments_Align_Initiation_August_2020.pdf

6th Jul 2020 7:00 am RNS Admission to Trading on the London Stock Exchange
"... Paul Atherley, Chairman of Pensana Rare Earths, commented:
"The US$16 trillion post COVID stimulus programmes are transforming the renewable energy sector, supercharging the demand for critical rare earth magnet metals.
With no new rare earth mines in construction magnet metal prices are forecast to rise over the next few years.
... we are on track to bring online the first major rare-earth mine in over a decade to meet the growing demand for the metals critical to the green energy revolution. ..." "
https://www.lse.co.uk/rns/PRE/admission-to-trading-on-the-london-stock-exchange-qb7hy8wjnp63q9g.html

Thanks to Ridicule on ADVFN for this useful post last year:
ridicule 27 Jun '19 - 05:58 - 308 of 695 0 3 0
"A few years ago, when I attended an AGM in Cardiff, they briefed that one of the big advantages of their tantalum was that it had low radioactivity levels. There were other deposits in Africa where radioactivity levels were too high for it to be shipped under international shipping rules. The concept then was to bring some of this radioactive Tantalum in and mix it with theirs in order to drop the overall radioactive level down to a point where the mixed cargo could be shipped. I have heard nothing on this idea since then, but it could be associated with this new trading company."
https://uk.advfn.com/cmn/fbb/thread.php3?id=42434416&from=308

"KAZERA GLOBAL – NOW IN THE CLOSING STAGES OF A “MATERIAL” EQUITY SUBSCRIPTION AT A PREMIUM TO CURRENT STOCK PRICE. BUY

December 21, 2020 | Posted by admin

Big fat disclaimer upfront – we are, presently, the largest shareholders in Kazera Global. Supplementary comment – we are very, very pleased to be in this position!

News out this morning from Kazera Global looks to be the very essence of a veritable “early Xmas present” for shareholders with the company updating the market on no less than 3 positive fronts:

Firstly, it seems the diamond operation has been embedded nicely and, set against the backdrop that has been the disaster of Covid19 this year, is working as should be, namely production is being ramped up in earnest following “proof of concept” completion. We anticipate within 2-4 months production of 300-400 carats per month from their Alexander Bay operations and which would give the company cash flows of approx $100,000 per month – more than enough to cover corporate overhead.

Secondly, it seems that the potential company making, in it’s own right, Heavy Mineral Sands licence application is now drawing to its hoped for final conclusion and award. We await the CPR here but based on the success that Mineral Commodities have been having in their Tormin fields just south of the applied for areas by Kazera, it looks very likely that the same grades will be achieved. It is worth pointing out that listed peer Mineral Commodities primary asset is their South African HMS operations and their market cap is now approaching £100m – see HERE further details ref the prize at hand for Kazera shareholders. Assuming the successful licence application, as we have detailed in our full note HERE, the company has what we understand to be an in principle agreement with an International player to fund a potential Build Own Operate (BOO) structure enabling the combine to benefit from some of the processing upside and receive a materially higher price.

Land for the slated plant has already been identified between Alexander Bay & Port Nolloth and the International partner has indicated that it would invest around US$20 million to build a 20,000tpa pilot plant at its own cost. This would result in Kazera receiving up to 6 times more per tonne for its HMS than the unseparated price (US$135-140/t) and which would usher in the potential of annual revenues net to Kazera in excess of US$10 million. It is thought that such a plant could be up and running within 18 months of Kazera being granted its licence.

Thirdly and most excitingly, it seems the company is now in the closing stages of the telegraphed “substantial” equity investment by major Namibian investors. This was trailed in early Dec in this expansive RNS per HERE. ..."

http://www.alignresearch.co.uk/kazera-global/kazera-global-now-closing-stages-material-equity-subscription-premium-buy/

Sir Harry,

I appreciate your enthusiasm, and optimism, but all the other entries were in October, so you are getting quite an edge entering now!

TJ_MAC is currently leading the year end s.p. prediction contest ... but will he stay there?
A fortnight can be a long time in investing ...

Phuckerty 4.5p
Thebasher 3.2p
Align Research 2.5p
Tucson 2.0p
Hedgehog100 1.95p
TJ_Mac 1.25p
Mr Cautious 0.8p
catspaws 0.7p
Daytradenovice 0.675p

Symbol Ccy Code Bid Ask Mid Previous Close Volume Last Traded
KZG.GB GBX 1 1.6 1.3 1.3 522050 09/12/20

https://www.aquis.eu/aquis-stock-exchange/member?securityidaqse=KZG.GB

This blog last week from Align Research highlights the bullish outook for rare earths mining sector stocks:

"KAZERA GLOBAL – ON THE CUSP OF COMPLETE TRANSFORMATION – CURRENT STOCK PRICE PROVIDES A UNIQUE BUYING OPPORTUNITY
December 2, 2020 | Posted by admin
... This news article out today illustrates just how much more attractive this opportunity gets from a global perspective by the day – hxxps://www.asiatimesfinancial.com/china-enforces-new-export-controls-red-letter-day-for-rare-earths. Recent years have seen investors flocking to rare earth stocks like moths to a flame creating some bumper corporate valuations. Well along with the rare earth elements on the list of critical metals are also manganese and tantalum. Latest news is that China is now enforcing new export controls to further reduce rare earth exports which looks likely to push up prices of these critical metals and mineral elements. Just look at how Rainbow Rare Earths has performed in recent months after receiving funding and which was another one of our picks. ..."
http://www.alignresearch.co.uk/uncategorised/kazera-global-on-the-cusp-of-complete-transformation-current-stock-price-provides-a-unique-buying-opportunity/

Many thanks again JBTs ... very positive indeed.

"KAZERA GLOBAL – ON THE CUSP OF COMPLETE TRANSFORMATION – CURRENT STOCK PRICE PROVIDES A UNIQUE BUYING OPPORTUNITY
December 2, 2020 | Posted by admin

Every night investors get on their knees and pray for the sort of announcement that Kazera put out yesterday. Neatly crafted into just a couple of pages was an update on the Namibian operation which just oozed value creation. ...

Negotiations it seems are coming to closure point with the investor for an initial equity investment at a price which will apparently be reflective of the company’s net asset value and which is more than its current share price – we estimate this to be between 1.5-2p per share. As mentioned before, there is interest from a number of investors however given the mix of Kazera’s assets and the current giveaway valuation....

We are working on a new note to conclude with the closure of the trailed investment which will open up of the “Aladdins cave” of tantalum, lithium and feldspar production at scale and anticipate a meaningful increase in this target price. Without a doubt Kazera Global is our top pick for 2021. Buy now ahead of the expected meaningful re-rate."

http://www.alignresearch.co.uk/uncategorised/kazera-global-on-the-cusp-of-complete-transformation-current-stock-price-provides-a-unique-buying-opportunity/

I second that - many thanks JBTs.

"KAZERA GLOBAL – BLUE-SKY POTENTIAL OF A WORLD-CLASS TANTALUM MINE PERFECTLY POSITIONED FOR THE NEW “GREEN” ECONOMIC REVOLUTION
November 24, 2020 | Posted by admin

By Dr. Michael Green

Over recent months the Kazera story has been really coming together, with all the pieces now seemingly in place for the obvious generation of substantial value going forward. The commencement of diamond production is set to provide the cash flow to facilitate production of heavy mineral sands (HMS) with licence news hopefully imminent and of course further development of the company’s cracking tantalum project.

The potential of Kazera’s world-class tantalum asset seems to be poorly understood by the market, which is why the stock had been trading at a shell company style valuation, just because it needed cash to progress. As per the last RNS (see HERE) this could be about to change dramatically. ...

Just add water

We have never had any doubts about the quality of the asset, which is a demonstrably high-grade tantalum project in Namibia. Ok, so far, commercial production has been elusive at the mine due to a lack of water. A 13km pipeline from the Orange River would solve this problem, coupled with some plant upgrades, and cost US$3-5 million. Now investors can begin to see that the plan to utilise the potential cash flows from diamonds and HMS to provide the funding runway to fully develop this large-scale world class tantalum opportunity is beginning to be successfully unfurled.

The impressive progress on the ground in South Africa seems to be matched with developments in Namibia. Matters seem to be hotting up at this world-class tantalum play with compelling news as regards the financing for the Orange River Pipeline. Already, potential investors have been on site and successfully completed their due diligence investigations. It does seem that events could be moving rapidly ahead here as Kazera is now in advanced negotiations with no less than three major Namibians investor for a substantial equity investment into the company.

Final terms of such investment remain under negotiation and are the subject of regulatory clearances in Namibia. As with all these things, while the board remains optimistic, there can be no guarantee that such negotiations will be successful or what sort of terms might be demand. This Namibian investor cannot afford to hang around as waiting in the wings are two other groups which have both completed DD and are thought to be in the midst of preparing investment proposals. As the largest shareholders in the Company we would certainly not be supportive of any investment that is at the current material undervaluation and which we have made clear to the company. ..."

http://www.alignresearch.co.uk/kazera-global/kazera-global-blue-sky-potential-of-a-world-class-tantalum-mine-perfectly-positioned-for-the-new-green-economic-revolution/

KZG is different to IRON (Ironveld) in a few key respects:
1. KZG have THREE resource projects opportunities each one of which could more than justify KZG's current market cap.; IRON has just one.
2. KZG projects include a potentially world-class tantalum mine, at a time of multi-trillion dollar stimulus that is supercharging demand for rare earths metals; whereas IRON's focus on Iron leaves it more exposed to a cyclical global economic downturn.
3. KZG is more advanced: it is already producing diamonds, and was producing tantalum relatively recently; whereas IRON has never produced and looks a long way from production.

This is reflected in KZG's share price chart, which has recently broken out to a new one year high.
With plenty of near term positive newsflow expected.

KZG looks to be on its way back up, like Giles Clarkes's BARK (ex Sovereign Mines) about a year ago, which ten-bagged within the space of months.

That said, I would consider IRON to be a decent medium term speculative punt at around the price of its current fundraising (0.3p).

oldabutnowisa,

I would be delighted if some long term shareholders, who bought at much higher levels, get their money back.

I would add that one of the keys to successful investment is knowing when to apply a stop loss, and when to average down.

I will leave it at that!

Thanks Mr. C. - apology accepted.

I am confident that your patience here will be richly rewarded.

Within the last few months the prospects for KZG have been transformed for the better, but that still has to be really reflected in its share price.

KZG now have THREE resource projects opportunities each one of which could more than justify KZG's current market cap.: a modest £4.6M. at 0.675p.

That makes KZG quite a bargain at this price, with extra strong multibagging potential.

Helped by the ancillary benefits of three opportunities: treble the newsflow, and risk diversification.

The jewel in the crown could be the potential world-class tantalum mine, at a time of multi-trillion dollar stimulus that is supercharging demand for rare earths metals.

We could be due an update on this imminently, which could easily send KZG back to a penny or more.

But that should be just for starters.

Longer-term, a return to the 10p - 20p range looks very achievable.

A summary of KZG's troika of resource projects opportunities:

1. Potential of a world-class tantalum mine.

2. Diamonds operation recently valued at £6.6M.

3. Mineral sands resource said to be worth 6-fold the diamonds opportunity.

Align research note on KZG, 5th. August 2020:
"...High grade world-class tantalum project with growing lithium potential
Tantalum is one of the rarest elements on the planet and Aftan’s partners
are large US electrical equipment companies ready to receive shipments...."
http://www.alignresearch.co.uk/wp-content/uploads/2020/08/Kazera_Global_Investments_Align_Initiation_August_2020.pdf

8th Oct 2020 7:00 am RNS Diamond Production Commenced at Deep Blue Minerals
"Kazera Global plc ("Kazera Global", "Kazera" or "the Company"), the AIM quoted investment company, is pleased to provide the market with an update on progress on its diamond mining operations within its subsidiary, Deep Blue Minerals ("DBM"), where diamond production is underway.
...DBM has met its legal obligations by concluding negotiations with carefully chosen Black Economic Empowerment partners ("BEP"), bringing community, political and commercial contacts to the project and valuing the DBM operation in excess of £6.6million. The valuation is based upon the value ascribed to DBM in the Feasibility Study by Dr Johan Hattingh, who compiled the Competent Person's Report. ..."
https://www.lse.co.uk/rns/KZG/diamond-production-commenced-at-deep-blue-minerals-vy2xg73hp2sfgrp.html

Thanks to Poppyseed for this useful post here recently:
Poppyseed Posts: 108 Price: 0.675 No Opinion
RE: News...8 Oct '20
"Might be a good time to also recall that the WHM mineral sands project is said to be worth 6-fold the diamonds opportunity. Dennis Edmonds was hopeful of licence approval for this by the end of the year and there is already some tangible evidence out there that the licence application and associated in-depth environmental studies are moving towards a favourable conclusion. ..."
https://www.lse.co.uk/ShareChat.asp?ShareTicker=KZG&share=Kazera-Global&page=2

Mr. C.,

If I wished to ramp PRE, why is there not a single post from myself on the LSE PRE board, or indeed on the ADVFN PRE thread?

PRE is clearly of very direct relevance to KZG: both are developing rare earths metals mines in Southern Africa, and indeed in adjoining countries (i.e. Angola & Namibia).

So it is very on-topic to KZG to flag up PRE's strong performance, and moreover very bullish for KZG:
• KZG has the potential of a world-class tantalum mine, but KZG' s market cap. at 0.7p is under a thirtieth of PRE's (& KZG also has other projects).
• Multi-trillion dollar stimulus that is supercharging demand for rare earths metals, combined with lack of supply, paints a very bullish prognosis for tantalum over the next few years.
• A paucity of rare earths metals investment plays gives KZG a scarity value.

Thanks to Gloster on the LSE MILA board for flagging up the example of PRE a couple of weeks ago:

Gloster Premium Member Posts: 536 Price: 0.00 No Opinion
RE: Timelines 13 Oct 2020 02:48
"And in the rare earths space, PRE has done brilliantly since listing in London."
https://www.lse.co.uk/SharePrice.asp?shareprice=MILA&share=Mila-Resources-Plc

At 72p, PRE has a market cap. of £146.23 million, and has multibagged from 20p in July.

6th Jul 2020 7:00 am RNS Admission to Trading on the London Stock Exchange

"Pensana Rare Earths Plc ("Pensana" or the "Company") is pleased to announce that following the publication of its Prospectus on 1 July 2020, the Company's entire issued share capital will be admitted to the Official List of the FCA (standard segment) and to trading on the the London Stock Exchange's Main Market for listed securities. Trading in the Company's shares will commence on the LSE today at 08.00 am GMT under the ticker 'PRE'.

The Company is not raising any funds in connection with the admission and will have 188,274,665 ordinary shares of £0.001 each in issue. A copy of the Prospectus is available on the Company's website www.pensana.co.uk and the National Storage Mechanism https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

Paul Atherley, Chairman of Pensana Rare Earths, commented:

"The US$16 trillion post COVID stimulus programmes are transforming the renewable energy sector, supercharging the demand for critical rare earth magnet metals.

With no new rare earth mines in construction magnet metal prices are forecast to rise over the next few years.

With Angolan Presidential approval and financial backing from the Angola Sovereign Wealth Fund and various institutional investors, we are on track to bring online the first major rare-earth mine in over a decade to meet the growing demand for the metals critical to the green energy revolution.

Our listing in London provides UK investors with an opportunity to gain a direct exposure to the metals critical to the burgeoning EV and offshore wind sectors." "

https://www.lse.co.uk/rns/PRE/admission-to-trading-on-the-london-stock-exchange-qb7hy8wjnp63q9g.html

1.95p.

4th Aug 2020 7:00 am RNS Operational Update Namibia Tantalite Valley Mine
"... · Kazera has now completed the drilling portion of its Phase ll exploration program
... An estimated 300 drill core samples being prepared to ship to ALS to be assayed and reported by MSA by the end of 2020
... · Discussions are well advanced with a new mine operator who will be responsible for drilling, blasting, processing plant and earth moving. The proposed mine operator has over 30 years' experience as a Namibian based company
· The Orange River Pipeline project has progressed, with Aftan completing all government compliancy certificates as well as engaging with local farmers for the installation of the pipeline
· Positive discussions continue with a Namibian Investor with regards to the Orange River Pipeline
... " ... We look forward to receiving the results of our Phase II exploration program in the near future. ..." ..."
https://www.lse.co.uk/rns/KZG/operational-update-namibia-tantalite-valley-mine-uhkhecq8uk5noyb.html

That £0.4M. COVID -19 revenue for one quarter could easily become £1M. per quarter once sales ramp up, even without the new COVID-19 products.
With those new products, it could be double that £1M. or more: say £2.5M. per quarter, which would be £10M. pa. annualised.

In contrast, IDH's routine diagnostic testing had recovered to about 85% of normal in September, and should soon be at 90% or more, if it isn't already.
And such a recovery to within 10% of normal would equate to annualised revenues of within £4M. of normal for this routine work, and improving.

Which is why I believe that there's a good chance that COVID-19 sales could soon increase IDH's annualised sales to higher than before.

" ... I see the next quarter being very close to break even. ..."

I agree Will.

And the move from losses to profitability is typically a very value-enhancing event for media-tech companies.

IDH's IgM SARS-CoV-2 antibody test was only available for sale from 9th. October, so won't feature in the H1 figures.
And obviously the COVID-19 antigen test has yet to be launched, so has also still to contribute.

And even IDH's IgG SARS-CoV-2 antibody test has only been available for sale from 30th. June, and sales take time to ramp up.

That being the case, the £0.4M. in COVID-19 sales for the last quarter is very encouraging, and you would expect this to ramp up to multiples of that level.

So with other sales now recovering strongly, there's a good chance that COVID-19 sales could soon increase IDH's annualised sales to higher than before.