Member Info for TheBasher

@drmike and grower, the news is already published

Highlights

▪ Strong Reservoir Flow: Jackson 31 flowed naturally during drilling and at TD.

▪ Increasing Natural Flow Rates: Flow rate since TD has increased to 250 Mcfd naturally.

▪ Projected Stabilised Flow Rates: 300-400 Mscfd constrained to optimise production, with a maximum potential rate of 500 Mscfd.

▪ Helium Concentration: Early samples return helium concentration of up to 2.2% (air corrected) (up to 1.90% not air corrected), expected to represent around 2.3% to 2.5% helium in reservoir based on State #16 recent equilibrated samples.

Https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02924864-6A1255671

I think this is more indicative of current sentiment:

# of Trades 51

Vol Sold 1,430,217

Vol Bought 163,626,763

@Funky - and that’s the thing, DE has delivered. And I for one think he will continue to. We will know all to soon (by the end of the month) whether that momentum has continued when the interims and news are reported. I’m more then hopeful, dare I say confident, that we will get a positive update.

And there was me thinking, after yesterdays price action and trades, that we would see one this morning! But I think it’s close. Indeed, I’ll stick my neck out and say by the end of the week. A positive RNS after hours (not unusual for KZG) on Friday would make for a fun weekend and Monday morning.

@howsboi - One route is to create a subsidiary which is x% owned by HE1, x % owned by Tanzania gov, x% owned by JV partner.

Or, Tanzania gov do not have part ownership, but an agreed royalty of x% of any revenue.

I am not sure this is merely a reaction to some random post on Reddit. The volume of trade has continued to increase, even after that report was apparently outed as being false. The more we push into 2025, the closer we are to News, but I would say everything is still on the table and we could be very pleasantly surprised in the not too distant future . Or not, and that’s the risk!

Interesting movement today and substantial tick up in volume. It wouldn’t take much to give this a real boost from these low levels. Any amount of positive news, however small, should see this get back up to the 0.1 at least.

And I do note that there have not been any TR1’s to indicate a reduction in shareholding by any larger investors.

@AGBR - it would be good to see a global business step in and want to buy up elements of Kazera, if not all of it. What are the chances, folks?

9p tp 0.011 = 99.875% drop.

Agree @steven49 - last year they were posted on 27th March for period ending 31st Dec. Could be a very interesting update and several shareholders looking forward to news with anticipation. Oh, hang on, apparently the thought police don’t allow that sentiment. Apologies, I withdraw that last comment ;-)

Are my eyes deceiving me? Looked at 4pm and down 10%, J.ust looked now after the close and reporting up 2.9%.on LSE and IG. Only Google Finance reporitg -6.63%. Surely not the solo UT trade at 4.45pm at 7.4p for £703 influences the declared close price?

Well, it doesn’t appear to be the transparent market forces of if there are more buys then that puts upward pressure on the price. 2 million buys versus just over 1 million sales and it’s down 10%. So I can only think there are some non-transparent market forces at play. Does the market know something about the company that we don’t? And is there some wayfor the price to be managed to allow a shorter to exit a position with a very favourable price? I have no idea, but it does look beyond the knowledge of a lowly private investor.

@damofarl - “hysteria”, “anxious”, “shouldn’t be invested here” - what a load of tosh! But each to their own ;-)

@damofarl - ironically, a very short sighted view in regard to your understanding of this company. Some investors have been quietly sitting here for many years, often with huge paper losses, and have stuck with the company because they do believe in it. That aside, when there is promise of imminent “transformational” news, yet that news doesn’t appear imminently (and yes, yes, how long is “imminent” ?) then some modest display of long term shareholder frustration and impatience is to be expected. We’ve been waiting a long time, and of course keen to see this finally come good after many false starts.

@goingtomoonufo - could you try running that by a dictation/translation app and repost? I have no idea what you mean. And does "stop" actually mean "start"??

@goingtomoonufo - its not about the "clowns" as you rudely put it. This lays fairly and squarely at the feet of Brian Hall. Thats it. Channel your negativity towards him, and him only. No need to insult others on this bulletin board, the majority of which are likely genuine investors who have lost hard earned money. I am no "clown", and have posted what I thought were genuine, researched thoughts based on what we have been told via RNS and the state of the underlying market - and those posts were positive. But it appears we may have, I fear, all been well and truly shafted (excuse the mining pun but you've still got to have a sense of humour to help navigate this disaster).

I am happy to admit when I am wrong. And I got it very wrong with GWMO.

I invested several years ago around the 0.17 mark, wen tin to profit for a short period of time and now sitting on a massive % loss. It is reasonable for an investor to take at face value what they are told via RNS, and in my view there is no excuse for this decimation of share holder value. Broken deadline, after broken deadline and no reasonable explanation or reassuring communications from the BOD. Shame on you Brian Hall. You're investors might also be trying to plan their own financial future rather than just fund someone else's. Thank goodness this was only a small % of my high risk portfolio, but nevertheless, its disgraceful.

I am so done with AIM but have funds locked in, waiting for "transformational" news with several companies. Hopefully not long to wait now.