Member Info for TJ_MAC

thanks DTN, all a bit of fun while we waited for things to progress. Rest assured that i will happily make my donation on my next journey out. Really hope that 2021 turns out to be the return of KZG with great progress & the the SP back to a more palatable level, particularly for some of us LTH. GLA TJ Mac. ps. thanks all for yr great informative posts.

evening hedgehog100 - I would be delighted to see a sizeable move 2mrw. Happy with recent increases & looking forward to next imminent news on jorc / hms / Namibian investor / diamond progress. gla & here's hoping for a great 2021 TJ_MAC

I always read & remember D21's informative posts. Sad news indeed and my best wishes to Denver's family TJ Mac.

I agree Mr Cautious – So glad that I am not in Ironveld too. Only a couple of months ago people were saying that Ironveld was ready to move up radically in value (really!!) – recent events prove otherwise and I do feel for all existing share holders - shocking! Beware of the so called experts out there – they know less that most of us half the time. In terms of KZG / KV we have also had our fair share of bluster and economical truths / NDA secrecy etc. Hopefully, we can now look forward to gaining a financial platform whereby we can progress with Tantalum which currently is taking a back seat to Diamonds / Sands & Kazera Trading. Time will tell, although I won’t be wasting 6 years of my life / investment waiting. GLA TJ Mac

Afternoon all,
1.25p I say conservatively. Drill results to look forward too followed by enhanced JORC. Updates on Kazera Trading / Diamond Mine auction sales & further production / Update on Sand License / further news regarding the pipeline and Tantalum Mine. These items should be enough to push us up to this level and beyond (he said hopefully). GLA

TJ MAC

sorry should have read (shipbroking term) !

I assume the vessel is on subjects (shipbuilding term). Normally resolved or decided within 48 hours max between the charterer & shipowner, if not then the shipowner will instruct the vessel to move on. As we are now in week seven, we should have had an update!! Trying to second guess what is actually going on is a bit pointless but if it passes the time & what else can we do until KM decides to enlighten us all. Still hoping for the best. TJ MAC

Tom, we were all advised on 2nd Sept that an agreement had been reached in principal between the various parties. The contract was to be written up and then signed by all parties accordingly. KM said that this was imminent and he would update us in the "coming weeks". As we are now in week 5 since that RNS, I would expect an update from KM next week. I do wish he would be more articulate when choosing his wording that is used in RNS's. The iron Ore price is of course relevant in the grand scheme of things, although at the moment in time we still own zero percent of the business. I am hopeful that positive news will arrive in the next 21 days. GLA TJ MAC

Thank you Poppyseed for taking the time and then sharing your findings / thoughts, very much appreciated. I agree with your outlook. As you say, there are still some wounds out here but this at least gives us some hope & direction that better times lay ahead for all of us. Phase II drilling must be close to finalisation and once we can get the samples out then perhaps we will hear further news regarding the Jorc and potential JV / water pipeline / Offtake etc. GLA. TJ Mac.

Hello Fortitude, after reading all of your posts it’s good to see your enthusiasm and your statement that this year will be “transformational” is good to hear, but transformational for who?. “The results will soon become evident”……we will see. After reading the RNS I have to admit that I was surprised (certainly not excited) as it seemed that the tantalum aspect had almost been relegated & Phase II drilling should finish at the end of June and then samples assessed etc etc. These new acquisitions will not be generating any meaningful revenue for 14-18 months minimum and in the meantime it will mean further painful dilution for shareholders, again. I seriously hope that we do get this JORC on phase II completed soon and there is positive (transformational) news concerning an offtake, as we need to see this mine producing and as we already know, it needs a water pipeline / resource and that is likely to take another year. I think the reaction of today’s share price confirms my opinion. TJ Mac Ps. I wonder what Pranchalee / Animal / Tarquinpike & Funky beats opinions are???

Hi Obs, just trying to help & assist. I have to agree, what an excellent post from bannor, accurate, concise and lots of info in so few words. I agree Bannor, FOB & payment against exchange of original B/L would be preferable. Let's hope for some positive news flow that starts to have a real impact on our SP!!! - GLA TJ MAC

Interesting reading all the BB messages -For info the INCO term FOB means Free on Board. There is no such thing as FOB destination, that would be covered by a different INCO term (ie. CIF which means cost, insurance & freight to a destination port). FOB effectively means that the seller is responsible for all costs up to the point when the goods cross the ship's rail (at the port of loading). once the bills of lading, which is a receipt of shipment issued by the carrier, have been exchanged with the seller (there are different mechanisms for doing this including the use of letters of credit via the banking system) then seller can expect immediate payment unless different payment timescales have been agreed. TJ Mac

I'm not sure they could look to raise any more capital with some sort of share consolidation (although I'll leave to others that are more knowledgeable than I to advise on that aspect). According to you figures Freddy, they should have enough cash to last until end of May maximum including the costs for Phase 2 drilling. The unknown element is the revenue generated by the Trading arm??? - time will tell, not long to wait now until they have to furnish us with some actual facts or indications of how we will progress. GLA !

morning guys, I,'ve been Aston Villa all my life so we'll end this thread now lol - hoping the Prem is made null and void, only way we can stay up!! hoping to hear news or an update in the next few weeks. I did email Larry but no response yet.

Hi Pranchalee, I didn't know that you supported Aberdeen too lol - I know, it's really frustrating having to wait & wait. And now someone's just offloaded a fair chunk!

Good to see that some of our other assets are still moving forward but they remain on a horizon that is too far away for us to see yet. So we have our update from Amapa which was good to see although it basically tells us what we already knew / what we had managed to glean from various sources. No indication as to how long this could take although I guess it is not entirely in our hands, we have made a settlement offer! So another two months or so maybe, if our offer is accepted & everything gets rubber stamped. Much longer if our offer is rejected and further negotiations are needed. AS's comments are relevant and there must be some good local communities support for this project to move forward. Kiran’s comment :- “It is my belief, that assuming that we are able to satisfy this final precondition” – well, exactly –basically everything hinges on this so you pays your money and you take your chances - GLA

Sorry to hear Ivybush that you have finally run out of patience, not an easy decision to make especially considering your significant shareholding – I can totally understand your reasons and have appreciated your past posts & wish you good fortune. I was trying to keep abreast of the situation over in Brasil concerning Amapa but have to admit that my view now is that when news worth knowing happens then the BOD should advise us accordingly. Unfortunately FH this latest venture is a culmination of numerous decisions that the BOD have taken that have not so far proved fruitful, for whatever reason (although ultimately they are accountable). There were some recent posts by some very knowledgeable LTH that itemised this whole sequence of events perfectly. The SP consolidation was effected so that further funds could be raised. The recent decline in our SP is a direct reflection of negative market sentiment (Ivybush’s decision is an example of this) towards KDNC and our trading history does little to change the minds of potential investors. The delay in Amapa I suppose was to be expected (it is a very complicated process that KDNC are trying to navigate through) and perhaps KM’s initial comments regarding shipments in December was a little naïve. My comments about “Stargazing” was my attempt at humour & actually a joke aimed at the BOD – of course we all need to see the lighter side of life but when some people have invested their hard earned cash then it can be difficult – hence Nookie’s comments. In view of the time that has now elapsed I feel that KM should look to give shareholders an update soon and yes it is the BOD responsibility to keep SH informed especially if certain events do not happen (that’s what builds investor confidence) – as you say we should not have to email the BOD and google every day trying to find slithers of information to then try to piece together what is actually going on. GLA

Of course we will be trading (in my opinion)! so Guy's - when do we realistically think some sort of news is going to filter it way out to us? I was / am hoping that by mid April we should get some form of update concerning the progress of Phase 2 drilling. When does KZG need to officially update holders of progress? Cheers TJ Mac

Afternoon All, IMV FWIW - our position I feel, is becoming dire as days pass without any updates & the SP dwindles further down. We were supposed to have been shipping from stockpiles in December and here we are in mid-March with no real updates as to how much longer this whole process could take. There seems to be a lot of posts on here regarding “stargazing” and I’m seriously starting to wonder whether our BOD have been guilty of this too. The big potential financial reward of Amapa vs the extremely complicated & time consuming legal negotiations / Bank agreements etc that need to take place, assuming that KDNC have the money to actually stay the course. I suppose on the brighter side EMH’s official association with CEZ will be announced in the next couple of weeks followed by the new DFS / mine construction timelines etc which should increase the EMH SP from its lowly 0.125. Whilst this will be better for KDNC, if they have to continue selling down our holding of EMH (depending on how long this Amapa sage continues) It’s not great constantly depleting our assets and I don’t believe that the EMH SP will increase dramatically (ie. +40p) until their DFS is completed & mine construction starts which will be 2021 now. In the meantime like most other LTH’s I wait & hope for some positive news sooner rather than later. GLA.

Perhaps so fpvone, they must have sold a fair few now. Don't think KDNC had any other real options in terms of raising the necessary funds. They surely wont want to sell any more in the next 21 days !!