Member Info for IdleDaysYann

Good interview. Fleshed out the involvement of Rare Earth Minerals International. Additional spirals to separate heavy minerals from the diamond gravels, augmented with magnetic separation to extract the valuable minerals: ilmenite, garnet, rutile, monazite, zircon. Target 10,000 ton/month high grade, aim for positive cash flow, self-financing operation by August. CPR for 2A concession already underway.

The RNS and interview about Aftan was also encouraging about monetising the asset, with high tantalum and lithium prices helping. Our Tantalite Valley neighbour Acradia's shareholders seem very optimistic on the hotcopper discussion board.

I've signed up for the Investor Meet on Wednesday (I have an eye injection on Tuesday, but will try to be online on Wednesday afternoon).

Re the third point in the RNS, there's a good description of dry beneficiation on the Xinhai mining website. Xinhai are involved in Arcadia's Swanson mine, Kazera's Aftan neighbours in Namibia. We have a valuable tantalum & lithium resource there, a lot of interest in these minerals.

I see our Namibia tantalum neighbour Arcadia (ASX:AM7) has anounced a trading halt till Monday. Seems unusual.

Let's look on the bright side:

Good that we can get TiO2 content up to 41%. If this is primarly contained in ilmenite, then the processed product is now over 70% ilmenite.

Good that action has been taken about the diamonds, and cost savings.

Good to hear about strategy on our Ta mine in Namibia. Our neighbour Arcadia is upbeat this morning, 'Tantalum prices surge to multi-decade highs as strategic engagement continues' https://hotcopper.com.au/asx/am7/discussion/

Https://stockhead.com.au/resources/resources-top-5-you-may-not-have-seen-it-but-tantalum-prices-are-flying/

Thank goodness we still have Aftan.

Just look at Arcadia!

The western side of Africa may benefit from middle-east distruption. Tankers and commercial shipping likely diverted. Cape Town to Walvis Bay and beyond becoming ports of call for supplies and crew. Our SA and Namibia investments are in the right place, I think.

On the Ta/Li mine, there could be a link between Kazera's restraint about third party involvement, and Arcadia's anouncement about Xinhai delaying their DA on Swanson. Maybe we are all waiting for the same judgement. Meanwhile, the tantalum becomes more valuable.

Like everyone, I am disapointed by lack of significant income. But the assets are there and progress seem to be going okay. The world is in a strange place at present. I don't think now is the time to sell (cheaply) out of crtitical minerals like Ti-rich HMS, the other minerals (garnet, diamonds etc), and Ta.

I meant to give the link to my last message: https://hotcopper.com.au/asx/am7/discussion/

I can't go either.

By the way, Arcadia(ASX:AM7) has a trading halt for proposed capital raising and earn-in on their Swanson Tantalite mine. This might (or might not) have some bearing on monetizing our Namibia assets.

Lithium assets interests me: FRG's has significant Li, Ta and other valuable minerals in its Atex project in Côte d’Ivoire. See the Côte d'Ivoire Mining Outlook 2026: Gold Growth & Battery Metals...

https://www.linkedin.com/posts/ludivine-guth-198b2029_africaextractivepartners-cotedivoiremining-activity-7414322961299746816-m9_5

Perhaps Limrco in Zambia is absorbing too much attention?

Many thanks, Poppyseed. That is great news, both for the company and for the local community.

The Annual Report Final Results should be out this week or next, Although only to June, and therefore missing the later sales of minerals and diamonds, it should give us some guidance on the present & future growth.

Here is a link to a new summary of Arcadia & Kazera's assets in Namibia's Tantalite Valley (thanks to mdchand on advfn).

https://theextractormagazine.com/wp-content/uploads/2025/11/Extractor-Magazine-Vol-3-Edition-58_03-11-2025.pdf

The tantalum-lithium resource in Namibia's Tantalite Valley is attracting attention, both because of the uplift in commodity prices and because it is an ethical source in safe country not only of Ta and li but also of rare earths. This I believe is a reason for the new-found confidence of Kazera to monetise its Aftan mine (and Arcadia with its Swanson mine in the same area).

The titanium-rich mineral sands of Kazera in South Africa, are being developed at pace. We are already producing and selling not just ilmenite, but garnet and diamonds. The HMS also contains other valuable minerals such as zircon. The table on page 14 of November's corporate presentation suggests the new investment increases the revenue to $551k/month or 6½ million/yr.

On these figures alone, KZG is undervalued now. And that is not even considering the tantalisingly-close scaling up by 34X.

I think a market cap over 100M could be justified once Hebei and 2a are sorted. The retail offer is a bargain.

Impressive. Lots of progress, future looks good, upscaling . Aftan possibilities need to kept confidential.

Transformational news!!!

Good to see progress at last on Aftan after our legal win in May.

Looking forward to the invester presentation today.

By the way, our neighbours Arcadia (ASX:AM7) in Namibia mentioned in their 30th Oct update about several parties expressing an interest in funding the

development of their Swanson Ta/Li mine. Could be linked to Aftan, maybe.

Wow!

Valuable minerals: £2 million/yr sales currently expected, going up to £5 million/yr with the new investment, with further scaling up with 2A.

Excellent presentation, lots of detail. It answers a lot of my queries. Even Aftan is mentioned. A good start to Kazera's new productive future. I'm surprised the market is not more interested.

Well done.

Great news. Looking forward to expansion.

Yes, positive. I do not think they would want to involve Russia, yet another colonial power. Electricity, water and jobs are the priority there. Cooperation with SADC and the international community is indeed hopeful. They need peace and prosperity. As for HREE and its Rare Earths, we are due news on the PFS submission and OTC listing.

Re. Aftan. Tantalum is now a key mineral for the US. See https://rareearthexchanges.com/news/pentagons-1b-mineral-stockpile-strong-first-move-not-the-endgame/