Member Info for Poppyseed

. 465 to buy too hard to resist :-)

I'm with you duster! Another nice lump at .51 taken on board this morning and put firmly in the hold!

Mine is not showing yet but the .0515's are buys, I'm happy to confirm :-)) Not my only, have added substantial this morning incl under .05. I agree with duster, can see an easy doubling this Summer, hopefully more depending on news and progress but surely well underpinned at current price just by the asset and progress so far, not to even mention the new team, JW in particular!

...to question him later today:

https://x.com/StockBoxMedia/status/1927242599309472142?t=Xn45lbr7PgGf9hGbt1qKeg&s=19

Difficult to analyse indeed, especially when most of those late trades are actually from yesterday according to the data on this site.

I'd stab a guess at the 2 x 10m being DE's moving from one account to another given the times and the fractional margin. As for the rest, well, anyone's guess really but, among them, certainly looking to have potential for a 5m dump by the other recent option exerciser!

Whatever else is causing the current softness, what stands out is that our CEO has lobbed £100k and our Chairman at least £600k into the game in the last few days, the latter @ 2p. So I reckon it's more than the rest of us needing to put our trust in just words. I'd say their money normally has more meaning.

I've not been in previously but I like what I see as the possibilities from this low base so, eyes wide open to the risk but against the encouraging backdrop if the new team meet their targets at some stage, I'm accumulating. This morning's 20m was definitely a buy despite appearances and it possibly means the 10m was too. The MMs seem strangely willing not to rip off right now which is perhaps as short-term concerning as it is longer-term welcome!

Thanks Nano, I see things similarly right now.

Very nice summary Nano...all coming together for a better future. Does IRON have a Telegram group? The one I've found only has 10 members and is pretty out of date, surely there's a more current one.

Not correct Steven, the Interims to 31 Dec were released on 1 Apr along with the Finals

Https://x.com/StockBoxMedia/status/1920478797037719911

No, when you watch the interview again, you'll see he alludes to KZG shares as the non-cash collateral from our side.

TJ_Mac.

Nice summary. Personally, I'd add another possibility to your probabilities.

I speak of a possible deal with the BEE Partners who (combined) owe KZG c.£38m by virtue of KZG buying out Tectonic's holding last year. Read about it here:

https://www.lse.co.uk/rns/KZG/acquisition-of-further-stake-in-dbm-whm-qhml6w2rodymf2z.html

The market continues to miss the significant value of this deal. Not only did it increase KZG's share in the HMS project by Tectonic's 10%, as can be seen in the RNS, it also "...includes the newly acquired right to receive an additional £38m in dividend payments from future profits..." [effectively a retention of the BEE share of profits until the amount they owe for the £38m valuation of the share of SA Ops they were allocated (under SA Law) is paid off] . What a stonking deal, all for peanuts, giving KZG an effective share of profits of over 90% in the early years.

So, for BEE Partners, getting anything out of this looks a long way off BUT, in a recent interview on this site with Sarah Lowther, well worth another full watch - https://youtu.be/0QgSNPM2YJc - but the bit I'm relating to here starts with a question from Sarah around 6:15 mins.

Dennis gets into this subject and how it might pan out if any of the BEE partners want to come to an alternative arrangement in exchange for their stake that would be simpler for them to monetise, should they wish. At the very least, I'd suggest that some discussions must have taken place for Dennis to take the opportunity to even mention this.

No worries mate, sorry to hear that, we've all been there, no advice taken but own research suggests we could well be at an inflexion point if they can meet some of their near-term goals here. On which basis, I've taken a punt for the first time. Yep, good look/feel about KZG right now and suspect good news period is almost upon us.

Even better if you haven't been here before then Lamps?

That's because it's a load of baloney!

Agreed funky. Makes no sense at all, no need, not least because of recent advance payments plus recent sales plus possibility/probability of cash settlement of Aftan situation.

Indeed AGBR!

RNS 13 Dec 24 refers - Fujax will prepay WHM US$600,000 in two equal tranches in December 2024 and January 2025.

Hi Basher, couldn't add you myself for some reason but the administrator has now sent you an invitation to join.

@harvharvd added!

That seems to have worked fine Animal!