Member Info for Poppyseed

Is it a clue to the future divestment of IMM that both Directors and the Secretary all changed registered addresses Companies House, effective 16 Jan? Tidying up? Or just routine in order to align with same address as they're registered with as Directors of Pathfinder?

I'd say:

a. the Caerphilly address is the company's Head Office because, along with another 90+ smaller companies, it is the Secretarial Services/administrative location. The Company actually operates via the CEO and its Board in more appropriate locations.

b. HMS is the new name of the game there, not diamonds, though the HMS will deliver a new and enhanced quality source of diamonds.

c. not sure about any of that but with £12m cash likely to be at their disposal this year, the Board could do almost anything, relatively speaking!

Meanwhile, over on Twitter, I see an intriguing little taster of greater ambitions in this this morning's HMS tweet:

https://twitter.com/KazeraGlobalInv/status/1618542766857789441

See also the reply tweet to their suggestion of many more HMS applications having now been submitted than the one we've been told about up to now.

Hmmm, probably a little clue that things are moving closer re publication of the KZG accounts and possibly a little clue as to one reason for a delay.

Although a dormant company, Kazera Global Trading, set up (for what purpose?) by previous CEO, Larry J, and connected to the now-divested Namibia operations, still has to produce annual accounts to Companies House. In turn, KGT is listed in the KZG Accounts (2021) as a 100%-owned (dormant) subsidiary under the heading "All principal subsidiaries of the Group are consolidated into the financial statements" and so KGT's accounts would form part of KZG's (delayed) accounts to 30 Jun 22.

So it may be meaningful that it was only yesterday that the KGT accounts were signed off and published on the Companies House website:

https://find-and-update.company-information.service.gov.uk/company/11783747/filing-history

It may also be meaningful that signing off those KGT accounts and remaining as the only Director is Giles Clarke, the now departed/ousted? former Chairman of KZG. I'm not saying it's so but I can certainly see the potential for games being played with the needs of KZG's accountants. It's certainly clear they weren't signed off prior to 31 Dec 22!

Even if Acumen walks away, it's not game over and, for me, delisting doesn't come into it.

£500k minus up to £160k in hand by then and, as a listed co, probably worthy of a MC of say £1m just as a vehicle plus, in this case, cash assets and still having the IMM rights to prior UK Court settlements/awards to take to the international settlement body themselves, even if not necessarily the financial muscle to proceed with the longer game and greater future settlement.

That said, I'd also see them looking to make a new start, bolting on one of the battery metals assets they've previously mentioned doing due diligence on while other decisions are made re the IMM situation.

In effect, I see the future battery metals outcome whether or not Acumen seals the deal. Difference being the deal Acumen providing a fast track to enabling funding and "no deal" probably meaning a raise in conjunction with something of substance.

Pretty sure neither of those leads are linked to the co in question. This link gets you closer but still leaves more questions than answers https://www.bizapedia.com/de/acumen-advisory-group-llc.html . The address given is the Registry address, not that of the co itself.

Overall, I'm taking it that the mention of "...working with our international legal team at DLA Piper" takes us closer to a level of reassurance because I feel confident the said legal company would not be slow in taking action if someone was using their name inappropriately. So I'm guessing AAG must be some sort of linked affiliate of theirs without any great front -end identity of its own.

Certainly can't argue that DLA Piper has a significant and successful presence in this space. https://www.dlapiper.com/en/capabilities/practice-area/litigation-arbitration-and-investigations/international-arbitration

Hi Funky, not seeing it quite like that myself re the new area because what has been applied for (we understand) is a Prospecting Licence, a precursor to then applying for the full Mining Licence, assuming the new area proves the expectations.

That's not to say the granting of the PL wouldn't be a big deal, it certainly would be, because it would give WHM rights over future full licence applications.

What the company still needs to get across more strongly/vocally on this subject is the unique position of DBM and WHM in this area since the HMS Mining Licence award, now being the first and only companies to overcome the historical obstacle of the HMS being littered with diamonds. Unless you have a licence to mine for both, this is a massive barrier to entry by other would-be players.

On which score, assuming early results of combined operations are well received by the Alexkor/SA Government/the local community, I could easily see DBM and WHM being viewed very favourably and pretty much unrivalled in expanding operations over a growing area of the Alexander Bay concessions.

Personally, I don't subscribe to the conspiracy theories. To do so would surely involve the accountancy firm and perhaps others e.g. the Nomad/AIM being in on it. Nah, not for me.

I'm in. 20% less than what the placee is paying for his pile does it for me!

Placing is clearly intrinsically linked to earlier loan, as extended and increased. It's not at all clear that any of the available loan was ever drawn down but, in any case, this placing supersedes all that.

In effect, instead of the lender being into PFP up to an unsecured amount of £160k, the lender is now set to be into PFP for £500k, secured only by the worth of PFP ordinaries. Like I said before, I'm sure he is not stupid so why does he continue to dig ever more deeply into PFP at a fair price in current circumstances and with little or no security?

Seems completely at odds with those thinking it's game over. Just observing...

No stake here myself but always interesting to follow the money and can only observe that the stated individual lender is well placed as the MD and Chief Investment Officer of JUB Capital:

http://jubcap.com/

...and, even now, appears not to have enough concern to stop him from making a further £40k available to PFP and for even longer on what is nothing more than a simple undemanding interest rate and, most notably, the whole £160k is unsecured. I'm sure he's not stupid so....

I'd also observe that all that lapsed yesterday was the exclusivity period in favour of Acumen . I agree that it's bad show not to have been updated today but, on the face of it, there doesn't seem to be an obstacle to an Acumen deal still landing during this now non-exclusive period which, of course, also opens doors to any other interested parties, as unlikely as the latter might seem.

He could indeed but seem to have discussed a more comprehensive interview and launching it in the early New Year. I think that's a good strategy bearing in mind the festive season is upon us. I reckon Mark is actually one of the best out there, as I think you will see come the New Year.

Seems like the latter - try accessing via:

https://twitter.com/steddieddie/status/1605198987531018240

Trying again, link seems to be broken or duff or LSE doesn't like promoting YouTube links:

https://www.youtube.com/watch?v=Iu4iVgV***M

https://www.youtube.com/watch?v=Iu4iVgV***M

https://twitter.com/steddieddie/status/1604654300436758528?t=2rAPB93W13VREjrqbHeuGg&s=19

https://www.arcadiaminerals.global/wp-content/uploads/2022/11/61124735.pdf

FotF...further comment on your link...

https://twitter.com/steddieddie/status/1603799474324869124

New pic & info, promise of more to come. https://twitter.com/KazeraGlobalInv/status/1602320753126408192?t=_5LJv0OR40pO3NGhpZHS_Q&s=19

Finals by end of month. Statement will be more important than figures to last Jun.

As a Twitter observer, I merely acted as the messenger McQueen and, for the record, I'm delighted with his and the company's PR effort since July, I'm not tired by a singular postponement. Your summary is incomplete btw - whereas you say absolutely nothing for 2 weeks, it was only on Monday that I brought forward some latest comments I'd noticed on Twitter which indicated the CEO is pretty busy which I find hardly surprising and potentially encouraging.

I can easily see the potential for a number of operational priorities arising for him at this time which he might fairly place ahead of yet another interview, little more than 3 weeks after his last one with Jeremy Naylor was published. Especially since, plainly, nothing important enough for an RNS has occurred since the last 3 of a series of recent interviews and appearances took place just last month. To be clear, I count no fewer than 8 interviews and appearances since 5th July - 7 interviews, 1 personal appearance at an investor event.

Add to this, a recently refreshed and now actively managed corporate Twitter and a website currently in redevelopment and rebuild and suffice to say I'm not seeing anyone shooting themselves in the foot. Rather, I see a company coming from an early-phase, money-raising, development place now trying to prepare itself and lift itself towards a bright and highly promising future by highlighting its grown-up, fully-funded, commodity-diverse and looming cash-generating credentials

In which case, maybe a reprise of those most recent interviews would be most timely:

https://www.youtube.com/watch?v=6IMhEFKgqH8

https://www.youtube.com/watch?v=Tb3aukLijCc

According to an answer today on Twitter, our CEO appears to have been very busy!

"Any update on the #KZG @KazeraGlobalInv @StockBoxMedia interview please?"

"At present... No but we look forward to hosting @KazeraGlobalInv as soon as the CEO is available."

You could try asking StockBox on Twitter, not seen any update on it myself.

Currently 11th in the top riser stakes and seemingly looking for a chart breakout. Can't say I expected to see that without any news. Signs of the undervaluation here finally being noted and bought into.

News on November diamond auction would be reasonable to expect but to be honest there's so much other stuff also possible, it would be hard to settle on what might also be close. Tant/Lithium plant upgrade progress. HMS plant progress. REE Kenya deal finalisation? Nickel deal? Offer?

The nice bit is that it doesn't actually need anything else to justify something closer to 2p fair value right now.