Member Info for TheBasher

CapAI PLC

GBX 0.29

6.69%

+0.018 Today

https://www.google.com/finance/quote/CPAI:LON

@vagabond - not quite sure what you mean. This has had a share price decline, but today appears to have stabilised, even gone blue, plus nothing fundamental has changed, or could be interpreted as negative, over the period of decline to indicate that this is a falling knife. It’s just the usual exaggerated ebb and flow for small companies in a high risk/high reward environment.

I am intrigued. You only seem to post on the UKOG Board. Are you an investor, and if yes, is this your only investment?

This is a genuine enquiry as it’s relatively irregular for a poster to be exclusively involved with one company.

It is my understanding that KZGs favour, ie 70% KZG, 30% ALEXKOR.

KZG have all the mining operational logistics and costs . The 30% is a Royalty. It would be highly irregular for a Royalty to be 70%….

The figures haven’t, to my knowledge, been officially released but Align mention this in several reports.

ChatGPT: Sources That Mention Royalties:

“Price target – 5.14p” Research Report, October 2024 (Align Research) This document claims:“Alexkor now charges contractors a royalty of 30% for inland diamonds and 40% for marine diamonds, which covers screening, sorting, preparation and sale of diamonds. In addition, there is a state royalty of 2%.” This is a broker/analyst report, not an official legislative or regulatory document. It reflects the understanding or model used by Align Research. kazeraglobal.com

Earlier Align Research Update, October 2022: This older report states slightly different numbers:“Alexkor charges contractors a royalty of 20% for inland diamonds and 30% for marine diamonds and this covers screening, sorting, preparation and sale of diamonds.” Align Research. Again, this is from a research/analyst perspective, not an official government publication.

Official Statements / News from Kazera / Alexkor: I also checked official regulatory news releases (RNS) and announcements from Kazera Global. Key items:

Kazera’s “Operational Update: Deep Blue Minerals” does not explicitly state the royalty percentages being paid to Alexkor. This is Money

The “DBM awarded extended diamond mining contract” announcement (a Memorandum of Agreement with Alexkor) likewise does not mention specific royalty rates. . Global Mining Review

@paladin - timing is difficult. Don’t beat yourself up. Even Warren Buffet says you have to be prepared to see any investment drop by 50% but if the investment case is sound, keep holding. At least you are invested and if it’s right for you, you could always average down. I nearly did yesterday, but used the funds for what I think maybe be a quicker return in another company - if that plays out as hoped , I’ll look to buy some more here and average down if there hasn’t been significant upward price movement. This company isn’t, in my opinion, one to watch daily - this will likely take minimum months, not weeks, to deliver anything meaningful in respect to subscriber numbers or even revenue.

@yanis2005 - I suspect you will need a lot more patience than waiting for the elections to be over.

“ Assuming positive results, we are proposing to open agreement negotiations as soon as appropriate. Clontarf Energy is hoping…” and so it goes on. Cross everything, close your eyes, and hope for the best!

Im not cross ramping, believe me, I'm serious. All of us on the Kazera Global (KZG) chat don't know what will happen if they are awarded a claim 34x larger than the one they already have which is producing HMS with an offtake agreement and a large amount of huge diamonds. What will happen if the license comes through?? Help me please. Im useless, and shouldn't be investing but ive sold my house to buy shares in KZG. Im not a cross camper....

Sorry y'all. Couldnt resist it.

David Horgan has more rabbit than Watership Down, and more waffle than Denny’s breakfast diner. He seems to want to hide behind a load of wishy washy bull 💩. When will he learn that investors don’t need to be “educated” by him on the wider geopolitical situation? He has not delivered any new information. And anything of potential tangible importance is prefixed with “hope”, ie not worth the paper it’s written on.

That said, I’m still watching and waiting for a re-entry point if/when I am reassured of imminent progress, news of which I will likely find elsewhere.

Assuming they are buys (maybe not the 1.205 unless I missed a quick spike down)I think they tell us all we need to know. Money still flowing in.

Recent Share Trades for Wishbone (WSBN)

Date Time Trade Prc Volume Buy/Sell Bid Ask Value

09-Sep-25 15:54:29 1.2652 1,591,240 Unknown* 1.25 1.30 20.13k O

08-Sep-25 08:10:51 1.35 2,500,000 Unknown* 1.25 1.30 33.75k O

08-Sep-25 08:06:38 1.355 3,131,477 Unknown* 1.25 1.30 42.43k O

08-Sep-25 15:11:33 1.35 2,000,000 Unknown* 1.25 1.30 27.00k O

08-Sep-25 12:36:45 1.366 2,000,000 Unknown* 1.25 1.30 27.32k O

08-Sep-25 08:00:09 1.415 3,410,048 Unknown* 1.25 1.30 48.25k O

09-Sep-25 14:59:25 1.205 1,500,000 Unknown* 1.25 1.30 18.08k O

09-Sep-25 14:57:06 1.244 1,000,000 Unknown* 1.25 1.30 12.44k O

09-Sep-25 14:41:11 1.25 999,240 Unknown* 1.25 1.30 12.49k O

I’m no geologist or gold expert, but using ChatGPT to try and get some understanding of commercialisation:

Got it — let’s re-frame the whole first answer using US$3,600/oz gold instead of US$1,800/oz.

Short answer: At $3,600/oz, an underground gold mine at ~700 m depth might be viable at ~0.8–2.5 g/t Au, depending on operating costs. That’s much lower than the ~2.5–5 g/t range usually needed at $1,800/oz.

Why there’s no single fixed g/t: Cut-off grade depends on many variables: mining method, cost per tonne (which rises with depth), metallurgy/recovery, processing costs, royalties/taxes, and desired profit margin. Depth alone doesn’t set the grade.

Examples: underground mines often report cut-offs ~1–2 g/t at today’s high prices; very selective narrow-vein mines still need much higher grades, but the economics are more forgiving when gold doubles.

Back-of-envelope illustration (at $3,600/oz)

Gold price = $3,600/oz ÷ 31.1035 g/oz = $115.74 per gram

Recovery = 90% → effective value ≈ $104.17 per gram

Break-even grade ≈ OPEX per tonne ÷ (value per gram)

OPEX (US$/t) Break-even grade (g/t)

80 0.77 g/t

120 1.15 g/t

150 1.44 g/t

250 2.40 g/t

So, if your underground costs at 700 m are ~US$150/t, you’d only need ~1.4 g/t to break even at $3,600/oz.

Implications

Higher gold prices lower the economic hurdle dramatically — turning sub-2 g/t underground ore into potentially profitable material. Still, mining costs at depth matter: if your OPEX creeps toward US$250/t or more, you still need ~2.5 g/t+ to be comfortable. Companies usually use a conservative cut-off grade below spot prices to avoid overestimating reserves.

Can any informed posters shed further light on this?

can’t say you weren’t warned. that’s what really ****es me off about the blind optimists who attack, not debate, anyone with a cautionary view, and create a “rose-tinted” view of the opportunity. it could be more like a “rose garden” ( if you are not aware, the idiom “rose garden” is an expression that refers to a situation or place that appears to be perfect, but in reality, it is not).

I’ve invested on the understanding that this is very early stage. It’s a start-up, licensing as yet unproven , untested, AI platforms across a multitude of sectors that may or may not succeed. Any chat of “why has the share price tanked?”, “the Author42 website isn’t working” is futile, irrelevant and shows a lack of understanding on the status of this company. The company has not misled anyone, nor intimated it will be imminently revenue generating. I will be coming back to look at this early next year. In the meantime, I won’t be wasting precious time watching the daily fluctuations in the share price. If and when transformational news comes, it will come in its own time.

Https://www.visualcapitalist.com/visualizing-the-life-cycle-of-a-mineral-discovery/

I know it’s been posted before, but perhaps worth a reminder. WSBN sits very much at the bottom of the first potential major increase in value.

If you’re going to be in before it could become de-risked, now’s the time (well it was a better time a few weeks ago but you get my drift).

Https://www.gold.co.uk/gold-price/week/ounces/USD/

For those that prefer it in USD.

Https://www.gold.co.uk/gold-price/

@somtam67 - how long have you been investing? Serious question. You’re thinking is completely contrary to best practice. There is no such thing as a dead cert, however good your research. In my opinion, only a fool would plough all their investment into one stock. You may get lucky, and “the one” you pick turns out to be a multi bagging winner, but don’t be flattered that you are an investing genius. I can’t be bothered to explain why, but try using AI to give you some extra thoughts on this, for example:

https://chatgpt.com/s/t_68bc7ce4cf408191bca4852385df31d8

A ChatGPT comparison of references, including mine, in relation to annual diamond revenue for KZG:

https://chatgpt.com/s/t_68bbe388bbdc8191a70d63b4956ea297

✅ Bottom line:

Base case (Kazera-guided): ~1,200 cts/month at ~$400/ct → ~$5.0–5.8m gross annual revenue, ~$4.0m net after royalties/costs.

Upside case (TheBasher’s $750/ct): ~$9.5–10.8m gross annual revenue, but unlikely to apply across all production, ~$6.2m–$7.2m net

Downside case (Align 2020): ~$1.7m gross annual revenue, ~$0.5m net.

As a correction to my posts below about guesstimating diamond revenue, it was intimated that the anticipated revenue is $400 per carat so if my production level assumptions are correct then the annual revenue could be in the range of funds $5,040,000 to $5,760,000. But all guess work, and as The Oak Bloke points out in his blog, what’s the split with Alexcor? Fingers crossed we will know more after the auction.

Https://open.substack.com/pub/theoakbloke/p/sparkling-news-for-kzg-stanies?utm_campaign=post&utm_medium=web

©️The Oak Bloke

This company is undervalued.

this may have already been mentioned but if not, it was a bit disingenuous for posters to imply that management were flying at short notice out to perth due to the drilling. i don’t recall anyone mentioning the two major mining conferences happening this week:

1. africa down under conference (adu 2025)

dates: september 3–5, 2025, venue: pan pacific hotel, perth. focus: strengthening mining and investment ties between australia and africa highlights: high-level government and industry speakers from countries including ghana, zimbabwe, mauritania, and guinea. panel discussions on political risks and investment opportunities. networking events such as the aameg africa awards ceremony and ****tail reception.

2. critical minerals conference 2025. dates: september 2–4, 2025. venue: perth convention & exhibition centre. organiser: ausimm. focus: the role of critical minerals in the global energy transition. features: 60 technical papers presented, 7 keynote speakers and 4 panel discussions, workshops and site tours.