Tick Tock.21 Jan 2025 10:28
Who else is eagerly checking for an RNS each morning? This is really is in an inflection point in KZG's lifecycle when the next news release could be absolutely explosive for the MCAP. I hoped to be out of AIM by the end of 2024, but need to hang in there for the time being to allow this time to play out. If we can take at face value what DE reports and claims (and I do not have any reason not to, in fact quite the opposite as I think he is being transparent and honest) then the valuation of KZG could become clear by the end of Q1. And what does that look like? In referencing my previous post analysing DE's previous comments and projections in the StockBox interview where I suggested a conservative MCAP of £400m when Perdevelie is accounted for, then with the current shares in issue that will deliver a 41.5p share price. That could have a life-changing impact on my finances.
Not long to wait, but it's like watching a kettle come the boil.
Previous post:
TheBasher
Posted in: KZG
Posts: 994
Price: 1.775
No Opinion
RE: Big buys still coming in
4 Jan 2025 00:41
Rewatchingthe StockBox interview, DE talks about a valuation on current assets and production of £40m, not the £14m where it was at the time and then says its 10x, 20x or 30x or more from that for Perdevlei. Even at 10x he appears to be assuming a £400m MCAP when Perdevlei kicks in which is 28x from that MCAP, or 23x from todays MCAP. Holy Mary! If this does play out in the way that DE is so confident of, then this will make a lot of people very rich.