Member Info for TJ_MAC

Afternoon all,

Yes you need the “patience of a saint” and that’s an understatement…. I’m going to try to be positive so :-

a) We are still awaiting the mining permit – surely this must be imminent ie. within the next 4 weeks.
b) We are still awaiting actual figures regarding the diamond sales.
c) We are awaiting an update on the additional land purchase which is apparently 30+ times larger than what we currently have.
d) Tantalum processing facility was in the final stages of testing before commercial shipments of tantalum could be processed / sold & shipped.

Just need a couple of the above to be boxed off / completed & then we can start to gain some much needed momentum.

GLA TJ Mac

Morning All, well done FB, it’s not often that you see people calling it perfectly like you did. I’ll put that down to the experience that you have with this company & your positive attitude displayed since day one. I’ll be a lot happier once HMS license is finally granted and tantalum actually being produced / sold – it seems to have been a long run uphill for a while. GLA TJ Mac

Morning all... great to see us finally moving forward after all this time - seems that the stars are starting to align for us. Good Luck and best wishes for the New Year to you all. TJ Mac

Hello Booobla, I thought I would try to answer your question from my own point of view. I think the issue is that the three banks took an eternity to follow their process previously and now we are apparently awaiting their signature on the final agreement, before it to be submitted to the courts for ratification. Whilst this process could took 60 days as indicated by one of the local lawyers / solicitors, who’s to say, it could drag on for a few months, nobody really knows at the moment. If anyone had any type of positive information, then I’m sure we may start to see some form of consistent buying but until such times, then a lot of investors are happy to hold tight. People requesting updates from KM is pointless, what’s he going to say? Simply that they are waiting for the agreement to be signed by the three banks. However, I do believe that things are edging along in the background, hence EV’s post regarding further recruitment taking place. As we are fast entering into the season of “goodwill to all” let’s hope that we start to see a little more of that between all posters. In the meantime, GLA TJ Mac

I’m Ok thank you @sharepriceup (I wish lol) - I guess I must be one of the few that find this recent bombardment of childish posts & continuous sniping really boring zzz and totally unproductive. And before any smart Alec tells me to use the filter button, why should I. KM has not managed to produce any miracle’s in the last 7 years or more so it is highly unlikely that he will in the next 7 years either. As mentioned on numerous occasions, the bank settlement is now out of his hands, it is with the Banks and ultimately the courts will decide, presumably, once they themselves have had enough of the delays relating to the signing of the settlement agreement. Let’s hope that going forward, the sentiment on this board improves for the better as does the outlook for all KDNC shareholders. HAGW all…. TJ Mac

Afternoon all, I share all of your frustrations concerning the lack of positive news, but further patience is clearly required, in order to know or find out our destiny here. It will shortly be 3 months (and I would at that stage, expect an update) since the last Kazera announcement & you would hope that there would have been some meaningful progress on:- the diamond mine production results / the necessary license and mining permits relating to the mineral sands opportunity / the two potential Namibian investors / update on negotiations with two large end-users of Tantalum that were progressing for long-term supply. Roll on the next update. GLA all…TJ Mac

Afternoon all, The wait / frustration continues unfortunately…. One would have thought that one of the Namibian investor options will come good in time, although the company did say there are no guarantees. Hopefully we will see something positive in the next few months. No real figures released relating to the diamond activities and the HMS licenses must be close to being received now. I have previously emailed, but like some others, I never had the courtesy of a reply GLA TJ Mac

Afternoon all, I dont think many people disagree with your comments fortitude but, why can we not be advised of meaningful numbers concerning the diamond activities? we are n o w in june... ok, the licensing delays have been explained but this should surely be forthcoming in the next 2 months max. The namibian investor delays will go on for as long as it takes but there must or should be some indication of how much longer. We were on the verge of what seemed transformational, but that was over 5 months ago on virtually all fronts. lets hope for some positive news / action in the next 6 weeks... GLA TJ Mac

Hi all, so, uncertainty & an element of confusion surfaces again. I did say last year that I wished that KM / BOD would be more articulate & careful when releasing information but hey ho, somethings never seem to change. Irrespective what may be going on in the background we should have an RNS concerning the 3rd shipment and detail as to whether or not the $ 10m has been reached or not. The courts may allow a small amount of time for the indian bank/s but not much more otherwise they will downgrade them to unsecured. Marlin v will easily take us over the threshold... wish I had more available to top up...lol GLA TJ Mac

morning all, having made my own rough calculations, I arrived at net profit of $ 10.3 m after three shipments. There are lots of variables as we do not know specific costs but I dont ship that the $ 3.99m will be as high on shipments 2 and 3. We'll have to wait & see - GLA.... TJ Mac

Hi FB, some of us do believe there is genuine value here, just like you - it's just that the wait to gain some real traction is frustrating as stated by LJ himself. Without investment from someone, we are not going to move forward very quickly on any of these fronts. Hopefully, this investment will come in within the next 2 months. GLA TJ Mac

I hardly think this is a market over reacting - patience by SH has been given, years of it, this is a thoroughly depressing RNS. Employee's not taking salaries for months. The word "appears" shows we have zero control over events and as Tuscon says no real figures on diamond mining after months and months of operation. HMS license was meant to be obtained last year. Deep breath and let's all hope that this Namibian investment does come through and KZG can at last start moving forward properly. TJ Mac

Hi Bannor – agree with your comments entirely. I realise that the settlement process is complex but I can’t help feel that if it was completely in the best interests of the banks then this settlement would already have been rubber stamped by now. I feel that they themselves are, for whatever reason, dragging / delaying this whole process. Not sure if the banks themselves would have some pre-conditions that need to be met before signing the final agreement. It has now been proved that the ore can be organised / shipped? Kiran did mention a few months ago now that they were actively looking at alternative options to assist in shipping the ore quicker – it would seem that now would be a good time to demonstrate this… GLA TJ Mac

morning all, Whilst I myself am a little surprised that this has not moved on to at least 23p, in essence little has changed in terms of what we categorically know. The Iron Ore had been given court permission to move & as there had not been any objections this time, the vessel is being loaded and Iro Ore in the process of being shipped / sold. The financial transaction will probably be made under Letter of Credit (on exchange of docs or 30 / 60 / 90 days at sight etc). The main reason for the muted increase is because KDNC still have zero percent ownership of the commodity / Amapa Iro Ore mine and until this happens, we may have to wait a little longer for any fireworks. Let's hope that we don't have to wait until 5th Nov lol GLA TJ Mac

Mr C – that’s fair comment and totally understood. We can all get trapped in shares, especially when you do not have sufficient funds to average down, that’s if you have the appetite to get in deeper. 7-8 years is a long (there are clearly a number of LTH’s in KDNC) time but, the good news is that you probably only have another 3 month wait maximum, to see the conclusions / potentially higher or lower SP in KDNC / EMH & KZG. Whatever happens, it’s always good to remember that there are lots of people out there at the moment that are far worse off than many of us. GLA TJ Mac

@Mr C, you come across as being hard done by quite a lot of the time. I am intrigued as to why someone with a large valued portfolio (as I remember you saying once) would need to be invested in any AIM listed shares at all. Surely AIM shares are deemed as high risk to start with and as a consequence, no one could possibly hope for all of their aim investments to be a success. You could sell and re-invest back into Baillie Gifford Global Disc… a lot less hassle / anxiety. Ps. EMH - well done, time to top slice again? GL TJ Mac

@obs – thanks your personal opinion - understood. Whilst I agree regarding risk / reward scenarios everyone has their limit in terms of the exposure levied against one particular equity within their own portfolio. Good luck with the duodecuple – I think most of us LTH are due some good news, we have after all been patient enough don’t you think. GLA TJ MAC

Hi Obs, why would experienced / knowledgeable investors now want the SP to remain sub 20p? surely they would have had more than enough opportunity to have invested earlier, even at 9p say & major or serious investors do not normally have to wait for payday to drop in another small amount. Thanks TJ MAC

Hi All, It all basically means that things continue to go in the right direction which is good, it’s just taking an eternity. Remember, people make decisions on what we are told, especially by the BOD – It was intimated that we would be shipping Ore in December 2019 but I did say that it was a very complicated situation that we were trying to navigate through. I think that the court should / could have acted in our favour (and the local communities & small creditors) and allowed Ore to have been shipped / sold months ago. Hopefully KM will have had sufficient time to have already sourced alternative shipping options and our money will be released from Escrow in the next month or two max. GLA TJ Mac

I wish that people that choose to enter messages onto public bulletin boards would at least have the courtesy to simply accept that everyone has an opinion and is entitled to voice that opinion, whatever it may be. What is not helpful is the self-righteous sort of responses we keep seeing. This is KZG and I am only personally interested in what KZG are doing, not any other companies that have loose associations. Hopefully, KZG will start to gain some real momentum now that they have numerous opportunities in the pipeline and start to keep us informed on a regular basis. TJ Mac