lithium23 Sep 2021 05:53
The recent RNS re the mine's vast confirmed lithium resource being of "chemical grade for the Battery Industry" has been somewhat overlooked I believe, as was the related phrase "TVM continues to demonstrate multiple value opportunities for the Company and, with mining due to restart again shortly, we look forward to realizing potential this in the very near future."
A few years ago this update alone would've seen the SP rerate as merely having lithium in the ground even without a licensed active mine to get it out yet saw the SP of some junior miners sky rocket.
With the increasing pressure to stop making petrol cars and switch everything over to EV during the rest of this decade, I can see lithium stocks becoming 'popular' again. Add this factor to the soon to be functioning tantalum mine, 'feldspar', diamonds and HMS, the JV at a premium price, long term offtake agreements, further resource reports, the trading arm and any further acquisitions, Kazera has serious potential now, in the near, medium and long term.
As has just been mentioned, they have previously over promised and under delivered (particularly in the Kennedy days) - all the way down from 14p - which helps make the current SP a genuine investment opportunity IMHO. Of course, this requires a bit of DYOR on any prospective PIs' part - as should always be the case.
GLA.