Member Info for TheBasher

Like this?
https://i.etsystatic.com/21459253/r/il/990718/2612931248/il_794xN.2612931248_lzpc.jpg

I flipping well hope any forthcoming update IS positive….

@poppyseed
You could well be right.
I was frustrated during the presentation as DE fell in to the Trump way of talking which was not to finish sentences, start new ones, and jump around to talk about something else. Dancing around difficult subjects instead of addressing them head on can sound evasive and not trustworthy.
Hopefully not intentional, so I think he needs to do some work on his verbal presentation skills. If I had been just listening, and not looking at the slides at the same time, I would have been pulling out what little hair I have left!
I wouldn’t mind if I didn’t have a significant (for me) amount tied up in this and reliant on a recovering share price.

Waiting for some positive updates….

I thought this part of the presentation was a bit more “blustery” than the other parts, stating that Diamond mining is “complicated” (well, if it was easy everyone would be doing it, and that’s what you’re paid to sort out). Was also a bit unclear about whether KZG is actually selling diamonds yet, or still failing to do the last separation process.
Also unclear about their permissions to mine, as apparently they need permission from Alexkor.
I was not reassured by the diamond operations.

No new mega news.
$3m already received from buyout - apparently payments on schedule.
Looks likely that no special dividends forthcoming as the money will probably be used for new projects to increase share holder value.
Need to wait until our new investor reveals what projects will be brought / offered to KZG.

Waiting for some actual news….

@zippernipper
KOD is my star performer. Fortunately bought a few million 2-years ago, so happy days.
Need it to balance out the startling under performance of IRONVELD.

KZG. Sold their tantalum and lithium play prior to production to their mine development partner .

Enernet Global completes rapid delivery of 4MW start-up power generation for off-grid smelting facility in South Africa and is on track to deliver full hybrid solar and battery storage system to reduce emissions
10 Apr 2023 13:59
For best results when printing this announcement, please click on link below: http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230410:nGNX7CsXHV&default-theme=true
JOHANNESBURG, South Africa, April 10, 2023 (GLOBE NEWSWIRE) -- Enernet Global ("Enernet") remains on-track to deliver a full-hybrid system for the Ironveld
Smelting ("Ironveld") Rustenburg smelter complex in South Africa, having already provided start-up generation required.
Following the successful implementation of a 1MW temporary power plant commissioned in late 2022, Enernet has deployed the first of four stages of power upgrades for the Ironveld. The first stage involves a 4MW power plant that enabled ‘Hot Commissioning’ of the first of three planned operating furnaces. This process included smelting of test quantities of magnetite ore in order to produce HPI and titanium ****. Working in a close partnership with
Ironveld and their sub-contractors, Enernet managed the rapid delivery of the first stage power with no safety or environmental incidents. Despite the inherent challenges of labour and equipment shortages due to countrywide stage four load shedding, the project was completed in less than 10 days.
Delivering the fast-tracked power involved road freight conveys from
Johannesburg, a 90-tonne crane and a site crew of up to 20 working around the clock to deliver the much needed power in a record time. Enernet's Vice
President Engineering, Dusan Nikolic led the onsite pre-delivery electrical safety tests and inspections. "The delivery of stage one power was a combined effort between Ironveld and Enernet, the quality and speed at which the work was completed is a testament to how well the two companies worked together as a team."
Enernet are now progressing multiple work packages in preparation for the future stages of power upgrades which will boost the on-site power capacity for the operation of three of the furnaces). These upgrades will enable the smelter complex to process approximately 40,000 tonnes of Ironveld's magnetite ore per annum which, in turn, will provide 20,000 tonnes of high purity iron, 190 tonnes of vanadium in ****; and 3,800 tonnes of titanium in ****.
Ironveld Smelting's CEO, Thamaga Mphahlele, commented "Our partnership with
Enernet is working extremely well and is provides us with the confidence we need execute our expansion plans over the coming months."
Imminently, work will begin on the design and construction of both rooftop and ground mounted solar power systems with a combined capacity of 6MW, for which
Enernet's power engineers are working with South African-based contractors.
The final stage of power implementation will comprise a hybrid of energy technologies includ

I’m weary of agreements being “imminent” and then not happening as has happened before with Ironveld. The smelter acquisition had me on the edge of my seat because of that.
As a LTH, I’ve been on this ride before. Hopefully, things are beginning to change, but let’s see. All in the fullness of time. I’ll save my congratulations for when the SP has recovered to at least 1p, the price before Align-gate and the subsequent and seemingly cheap, placing.

Unfortunately this is another worthless RNS as it’s not a binding agreement. Let’s wait and see IF the deal actually does come off.

No royalty on Lithium due yet as the processing plant needs to be built and the mine recommissioned.
Check back on RNS from 2022 on the original deal they did to partner with Xianan on Lithium, before KZG sold out their remaining interest.
Yes, some figures on what is actually being produced and sold would be helpful.

https://www.miningweekly.com/article/ironvelds-fcf-buyout-now-unconditional-2023-03-29

Hopefully this will start getting some positive attention and an increase in trading volume.

@steven49
Can you put your usual negative spin on this please? ;-)

@brucebanner
I was once "rewarded" while a patient in hospital. Happy endings all round, but thats another story....
Yes, patience is a virtue, but in this case, a necessity.

Thank flock for that. They had me worried.
Fingers crossed, SP slowly starts climbing out of these duldrums now.

Seems to be a reluctance to talk figures on whatt is actually being cash generative now (not in the future) apart of course from sale of Aftan and incoming new investor.

Lovely triangle flag forming now…
Could be lift off soon.

Align gave a very considered explanation
http://www.alignresearch.co.uk/kazera-global/statement-kazera-global-shareholders/