Member Info for TheBasher

One thing I have learnt in business is to appropriately manage expectations. I am frustrated about the news that something is going to happen around a certain date, (ie setting my expectations) and then failing to deliver on that. I appreciate that the devil is in the detail with contracts, and negotiations almost always take longer than you would think, but this is now becoming tiresome. A more informative tweet such as “ a term sheet is fully agreed and we are in the final process of contract negotiation” , or the “contract signing is dependant on the additional funding being secured “ might be slightly more reassuring, but as it is I feel that we’ve jumped through this hoop before.
Underneath it all though I am confident that Martin Eales is delivering, it’s just a painful wait, especially as a very long term holder…

If it wasn’t for the large trades going through I would be more cautious but it appears that there is confidence behind the scenes…

And SP recovered from -8%… now only -2%
Patience.

Here we go…

“On or around 30th November”. And relax.

Can you post the link to tweet?

Yep, and another couple of plus £10k trades (buys?) going through this morning so far. Dropped to fill those orders?

That was meant to be a grimacing face !
Let’s see - things have a good chance of playing out well.

??

I share your reservations, and I had the same over Ironveld. The choice of word was intended.

A few 1m plus trades going through . Anything over £10k gets my interest as it’s not punter money
Could this be the beginning of a change in fortunes?

Can you imagine what will happen here when funding is secured... on top of being cash positive?
Come on KZG, get the deal done.

IRONVELD (same Chairman) is on a march today having secured a significant amount of the funding to deliver the new mining operation, with the indication that the rest of the funding will follow shortly.

BA has made it clear that as far as the lithium project is concerned, there is going to be 6 months of behind the scenes work so one might expect the SP to drift down for a while . But what about the gold? When do we get further news on Nielle ?

And an interview on Bloomberg.
I think that was a pretty good move…

Ironveld - High Purity Iron, Vanadium, Titanium, Magnetite
Kazera Global - Diamonds, Tantulum, Lithium
Savannah - Lithium

Next 6 months looks very interesting for all three.

When sentiment turns negative then often that can be the time when things turn positive.
This is really trying my patience, hence my desire to hold. If it feels this bad, and enticing me to sell, then surely this might indicate a turning point…. I hope so!

@metalhead . What numbers did you use to get to that?

@phuckerty , easy tiger. I posted the links as reference for all to see ( eg the facts) and quite openly stated I was seeking clarification due to my ignorance. As you will likely know, it’s not traded on any of the exchanges with publicly available prices.

Thanks @lamp56, that’s exactly what I couldn’t locate, hence the question marks.

So 10,000kg = 22046.23 lbs/month @ $100 = $2,204,623 per month/ $26,455,476 or £19,721,038 per year.
More like it…

So KZG are going to produce 10,000kg (that’s 10 tonnes) per month, not 10,000 tonnes per month by the end of 2022.
That sounds like sweet f-all.
The only non-subscriber reference I can find to current tantalum prices is here:
https://www.metal.com/search?keyword=Tantalum&type=price
and here
https://www.tti.com/content/ttiinc/en/resources/marketeye/categories/passives/me-zogbi-20211005.html

This is all uninformed conjecture:
Tantalum ore (as per 2nd link)
$100/tonne?
10,000 kg per month = 10 tonnes per month, = $1000/month, $12,000 per annum , or £9,000 per annum!
Really?
I am ignorant on these matters, but the lack of clarity from KZG about what the deals are does not help.
Can anyone shed more light on this ?

If they were selling the Tantalum as Tantalum Peroxide that would be a different matter:
So not knowing what / how they are selling, taking the lowest current price of RMB 1,500 per kg = £175/kg for Tantalum Peroxide :
By end of 2022, according to the forecast of 10,000kg/month production that would equate to revenue of £1,750,000 per month/£21,000,000 per annum.
Better.

Diamonds:
“Additional”300 carats / month at £750/carat = £225,000/month, £2,700,000 per annum.
That after a 6 fold increase so might be able to add 15% or so to this.
(Mining area contain 400,000 carats = £300,000,000). Mine life at this rate 100 years - need to get faster production !
Anyone else with thoughts on this ?

What other revenue is forthcoming ? Lithium?

I am now struggling to “do the math” here .
I would appreciate any number crunching from fellow investors.

I do not think that will last long. I am very confident this is just a matter of a short space of time before they share price really start kicking off again. Tick tock. Tick tock.