Member Info for Poppyseed

Exactly matches Pershing holding, newly published on the KZG website this week.

https://kazeraglobal.com/share-information/

Worth recalling also that Aftan licence has recently been further granted a licence to mine lithium, thus adding value since the Hebei deal.

There could well be more potential for added value. Easily overlooked in that Arcadia pdf (bumpingalong's second link) on pages 6 and 7 is an ongoing investigation of their Tantalite Valley licence for nickel, copper and Platinum Group Elements (PGEs) potential.

"...During the Quarter, work was conducted at the TVC Project, which includes a mafic-ultramafic intrusion found within the regional-scale NW-SE–trending Pofadder shear zone, that is found in the Richtersveld subprovince of the Namaqua Natal metamorphic province in southern Africa. A detailed stream sediment orientation survey was carried out over TVC during the Quarter, which was targeted towards active streams.

Three representative samples were collected at each site. The three collected samples were the conventional and ultra fine fraction samples, which were collected in a similar procedure. In addition, heavy mineral concentrates (HMC) were collected at different trap sites observed on the target stream. The purpose of this work was to assess the mineralogical composition and distribution of the nickel, platinum group elements (PGEs), copper, and their associated pathfinder elements within the sediment, which will focus the future exploration efforts at TVC.

A total number of 270 samples were collected over the TVC area and were shipped to a laboratory for analysis, with results currently expected in November. In addition, up to thirty rock samples containing disseminated sulphides were also collected and sent for analyses for Platinum Group Elements (PGEs), copper and nickel.

Arcadia intends to conduct further work at TVC, employing a cost-effective geochemical exploration technique based on broad-spaced deflation lag sampling. This method was instrumental in the discovery of the Babel and Nebo ortho-magmatic Ni-Cu-Platinum Group Elements (PGE) deposits in the western Musgrave Block of central Australia. The program is planned for the upcoming field trip, anticipated to commence in early November 2024, and will involve a grid size of 1 km by 0.5 km..."

What we don't know of course, is whether Dennis started the action at this time not only to drive this matter to settlement with Hebei if that were possible but also because maybe he already a fallback of having had interest from other parties.

I say that because Arcadia has already announced (see bumpingalong's second link) "...to date, Arcadia has received unsolicited interest from several potential funders who have the capacity to acquire HeBei’s position by providing debt and/or equity to complete the construction of the Swanson Tantalum Mine"

Two notable words...unsolicited and several.

Where is Aftan's mine in relation to Swanson? Is it realistic that these same unsolicited parties would also be interested in Kazera's Aftan mine? The answer is that Aftan's mine is totally enveloped by Arcadia's licence. See here:

https://www.arcadiaminerals.global/project/swanson-tantalite-project/

Https://www.youtube.com/watch?v=Fz8uVvTdCtc

Looks like we're about to be talked about - https://x.com/StockBoxMedia/status/1848024071172149432?t=fucp_1mzmVH2QJbSp1aaig&s=19

Personally, I would discount any potential for an aggressive takeover. It's an investment company so all anyone needs to do at any time is to make an attractive enough offer for any of the holdings.

Dennis has been very clear that this is a likely outcome for any holding BUT only if and when the time is right! Personally, I would see that time being nearer to late 2025 onwards by which time they will have had a year or so to demonstrate the cash-generative potential of Walviskop coupled with the scale/new production of 34 times larger Perdevlei (in terms of immediately mineable HMS - much bigger otherwise!), assuming the new mining licence is granted early 2025.

£40-50m would not seem at all unreasonable by the end of next year against current projections for production/earnings/scale of assets.

It all points to substantial Spec Divs/share buybacks, coming our way in 2025/26 if all goes to plan!

Whatever it is, it feels massive if it includes that 50m and they're still after a whole lot more. Wonder if a smaller cos insti might be looking to get on board?

I can confirm my broker is currently quoting up to 7.5m @ 1.101p! Must either be one hell of an order they've got or they can see what's coming here and are wanting stocking up if they can. I think they may be disappointed!

Https://x.com/StockBoxMedia/status/1846518771055259950?t=oRlxhMWtgu147SqKF40x9g&s=19

Https://x.com/StockBoxMedia/status/1846503521253728508?t=quyvjYMQSCvdFRxgpG9iYQ&s=19

How ridiculous that our two greatest supporters are put forward as sellers!

If indeed it is a straightforward sell and not some sort of shift of a holding, I would have thought the more logical people in the frame would be former directors/Westleigh who, of course, now below 3%, would no longer need to raise a TR1.

Yes pottertony, prior to 23 Sep, it would seem GC/Westleigh offloaded around 10m shares but that was discussed at the time and my last post related to Friday's announcements.

Given that a former Director appears to have been selling during a period that our current CEO and new Chairman were buying, at prices higher than today in the case of the CEO, I'm not irked at all. As has been said, GC's holding is greatly profitable at this level so I can't see what's wrong with him selling and clearing off. He can only do it once.

At the moment, no evidence of NH having done likewise but now that they and Westleigh are under 3%, we won't know anyway. When the good days return over the coming weeks, the market will need stock so if he/they feel inclined to provide some, it will all help to make a market, hopefully with a narrower, more attractive spread to new investors.

Either way, what's coming will not be affected by anything former Directors get up to.

You may be right but these latest RNSs are just about a change in their % holdings following the enlarged share capital (by 27m or so) following the issue of shares for the TTAU deal.

Strangely enough, some huge trades there today! Kinda fits!

Yes, previously over 3% and has dropped through a % point. Now under 3% so no need to report from now on.

As to reason, he has nice profits at this level and reckon he has big money issues at IRON

Trailer only, keep them peeled for the actual podcast:

https://x.com/KazeraGlobalInv/status/1841167371207078122

As we all should be IMO.

It's now very hard to see any meaningful obstacle to a beginning of promise-fulfilment over the coming period - Off-take agreement; HMS production, initially 3000 tonnes, rising to 6000 tonnes; Diamond sales; Aftan settlement; financial return to shareholders via share buyback/spec div or similar.

There now:

https://x.com/StockBoxMedia/status/1839286398978830499?t=93d5rb6r1mFPKrejL0kUfA&s=19

Https://x.com/StockBoxMedia/status/1839277526163632410?t=Hos9j-mSjtY9J_O8_CRgcQ&s=19

Late reported buys yet again!