RE: small holding14 Mar 2018 11:32
JFT - I agree. The history of the last 12 months is not good to read. The GC uber ramp early Dec 2016 and the ultimate let down and broken promises left many good investors out of pocket, untrusting and angry. I was luck and felt that horrible gut feeling prior to the big drop from 12p.
If its any consolation, I have since early Dec bought near 6 figures of £ in here. That is how strongly I feel.
As I say the data sets are out there and the geology does not lie. They are fact. Tantalum and Lithium in very good VIABLE amounts.
Lithium JORC due very soon and that is an initial JORC on a very large deposit, so expect several expansion campaigns on the upgrading of Lithium resource. I would state here for clarity, each campaign would cost around the $1-3m to complete, BUT the upgrade which is certain - historic data and new Namibian / South African land scans to update each countries resource data just completed ( see Namibia Rare Earth presentation from March 2018 ).
Your feelings along with Tiger and RBR I fully understand, but a non disclosure contract that the NYSE client who is receiving Tantalum shipments , 4th just gone to the US, cannot allow for specific information. That was clear from the start, so if you are unhappy with not knowing then maybe its not a share for you ? Maybe if KZG get another client for Tantalum , then the company can mix up the supply volumes in to 1 lump and then we as investors can see how much is being mined, without being specific to each contract ?
The people and companies involved in TV Mine, there are many , may have needed time to process future client requests for data, 2 companies auditing KZG and throw in the name change and plan of direction to production inc plant, water, government spec's to be met can often complicate what appears to be a simple small mine with simple processes. It leaves us as investors always wanting.
All I can offer up is, at sub 15p pre Lithoum JORC, its a buy. You will get no info from a non disclosure contract. The Australian lithium market is very much Chinese based. These people know the amount of requests for lithium and contract sizes for supply to China.
China WILL drive demand this year 100% sure. Note I have been consistant on this since early Dec 2017 and ever since. I know 2 Australian CEO's who obviously know the market for China ( I would hope so anyway ). Europe and the US have a choice, to start to react or miss out on lithium supply. Please note to back up my previous posts from Dec, Jan and Feb regards Chinese demand increasing wildly, that the Chilean issued a statement within the last 7 days saying the do not want China to have so much access to the Chilean Lithium chain ! Incredible to think the Chinese will pay virtually any high price and even raw unprocessed ore inorder to obtain rock spodumene and even brine lithium at the lower end.
The Australian advice I was given is already starting to be proven correct.
Tan