Member Info for Poppyseed

Sneaking them through after hours last few days too, incl this evening!

He makes a good point!

https://x.com/steddieddie/status/1831279558537920578

Obs I mean after we're fully up and running.

No way at today's SP but I suppose a trade sale could be a goer at nearer 4-5p+. All things being equal, that would only be a P/E ratio of about 10. Hardly an unreasonable aspiration.

Go on Dennis, confidence at 1.10p is a massive signal:

https://www.londonstockexchange.com/news-article/KZG/director-share-purchase/16640922

A man on a mission...fireworks ahead! https://x.com/AlignResearch/status/1829101121719214207?t=CLEFtsXK0jvCz5WJwAkRjg&s=19

Not really sold down, looks like a move for tax reasons. Still held but as a long spreadbet which I'm supposing, as a bet, is non-taxable.

Https://x.com/StockBoxMedia/status/1824435394542440925?t=3dcomfFANeCc0Ue7W9YWTA&s=19

Think you will also see some substantial dividends/spec dividends over that sort of time period, Funky!

Also this one GBCol:

"We also pressing for a new, thorough research note so shareholders have a rounded picture of the value opportunity. Hopefully early Sep."

Inviting questions, only one submitted so far and that is by Align, presumably on behalf of all of us.

With so much to say by everyone on here, now's the chance!

Https://x.com/StockBoxMedia/status/1805925154381336785?t=wT_p3WTJtnRFqvdEJ4cF4Q&s=19

Ahead of next interview, might be worth reprising the last one, especially re the business model they may adopt. Dennis covers this question albeit with some caution.

Sounds like they may produce the bulk product at first but, if not in this interview certainly in a previous one, he has said one of the prospective offtakers is willing to fund the magnetic separator as part of payback deal out of greater profits generated. Obviously still to be decided but they do have options re funding.

Https://x.com/StockBoxMedia/status/1824002635755659688?t=z-5jz9wE32fd_pcxSx--SA&s=19

Won't spend any more time on that but, on the face of it, looks like no Martin Eales or Giles Clarke here should help!

Sammy J, you give up? You only registered on LSE today! What is the expense you think shareholders could do without? Having a Chairman? Every shareholder of a listed company should want a Chairman - combined CEO/Chairman roles don't normally end well! I'm pleased this has been quickly resolved in this case, especially for him to come with a good amount of skin in the game and a chunk of financial support to see Kazera through to cashflow. As the IoD puts it:

"The Chair’s primary role is to ensure that the board is effective in its task of setting and implementing the company’s direction and strategy.

The Chair is appointed by the board and the position may be full-time or part-time. The role is often combined with that of managing director or chief executive in smaller companies. However, the joint role is not recommended for public companies listed on the Stock Exchange...."

https://www.iod.com/resources/company-structure/the-role-of-the-chair-2/

Ironveld, I don't know well but looks like the main damage was done there well before JW became executive and offered what looks to have been key survival financial support. By then he took hold of a poisoned chalice I suspect but I'm happy to be enlightened if you do anything more than innuendo and association.

Hmmm, some unusual trading recently. Is the current 31.58% rise on KZG on the Aquis Exchange (spread 0.50 - .75, mid .625) an early pointer to anything I wonder?

https://www.lse.co.uk/ShareTrades.html?shareprice=KZG.GB.PL&share=Kazera-Global-Plc

Only needs one look at the serious value here, ripe to unlock once that NNR permit is granted, for a few risk-taking early birds to consider what really should be on here.

With the clear support and financial backing of RJ and the soon-to-be-chairman, otherwise known as Tracarta (another major shareholder here), also add in the Namibia settlement options, working cap cash flow from diamonds and maybe a value-accretive bolt-on to turn future HMS earnings towards and that naughty word transformational might have to be dusted off again very shortly.

I don't see cause, need or likelihood for a capital re-organisation myself. Highly unlikely I'd say.

This statement in a Tectonic Report last year re 30% of WHM helps to understand the unbelievable added value of Kazera's deal with Tectonic this week, beyond just the additional 10% holdings gained. Stonking deal for little outlay assuming NNR permit.

"Tectonic holds a 40% economic interest in this project via a non-diluting 10% equity holding in Whale Head Minerals Pty Ltd (Whale Head) and a further 30% economic interest via a sale and loan agreement with a Black Economic Empowerment (BEE) consortium.

In order to ensure compliance with South Africa's BEE regulations requiring mining projects to have a 30% holding by qualifying local investors, when Tectonic sold 60% of Whale Head to Kazera, the Company sold a further 30% to a syndicate of local investors. Pricing for this 30% was based on the £150 million independent valuation conducted on behalf of Kazera.

The BEE investor syndicate includes a South African private equity group headed by a highly respected business leader, two experienced South African

entrepreneurs, a local community group and an employee group.

Tectonic has financed this 30% syndicate with a share loan program under which 80% of the returns to the syndicate are paid to Tectonic until the £45 million in agreed loan value has been repaid."