Kazera Global PLC (LON:KZG)

Kazera Global PLC (LON:KZG)


Share Price
1.90 p
Change
-0.025 (-1.30 %)
Market Cap
£4.88 m
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Kazera Global PLC

Kazera Global is an investment company focused on opportunities principally, but not exclusively in the resources and energy sectors. The Company’s first investment is in African Tantalum, a Namibian based operation.

EPIC: KZG
Market: AIM:KZG
52-week High/Low: 5.18p / 1.36p
Sector: Mining
Market Cap: 4.88M
Website: kazeraglobal.com
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Big Picture – A Deep Dive Examination of the Kazera Global PLC


Kazera Global PLC Snapshot

Kazera Global plc is an investing company listed on AIM, focused principally, but not exclusively, in the resources and energy sectors. The Company has made a first investment in African Tantalum (Pty) Ltd, a Namibian based operation producing tantalite concentrate. In view of the attractive opportunities in tantalum, in the shorter term, the Company is likely to continue to invest in related projects located in Southern Africa.

However, the Company will also consider investments in other geographical regions on a case-by-case basis. It may be either an active investor and acquire control of a single company or it may acquire non-controlling shareholdings.  Once a target has been identified, additional funds may need to be raised by the Company to complete a transaction.

The proposed investments to be made by the Company may be in either quoted or unquoted securities; made by direct acquisition; may be in companies, partnerships, joint ventures; or direct interests in projects and can be at any stage of development. The Company’s equity interest in a proposed investment may range from a minority position to 100 per cent ownership.

Namibia Tantalie Investment Mine

Kazera Global currently holds a 75% stake in Aftan, which in turn holds two wholly owned subsidiaries, Namibia Tantalite Investments (NTI) (holds operating assets and plant) and Tameka Shelf Company (holds title and licences to Tantalite Valley).

Kazera Global has been invested in NTI since 2015 and with Aftan’s cooperation, is focused on production of tantalum and exploration of lithium. The Mine has one of the highest grades of tantalum ore in the industry.

In 2017, the company signed a multi-year supply agreement with the leading global North American tantalum consumer and end user of our tantalum ore. Aftan is exploring further opportunities to supply additional customers as production ramps up.

In December 2017, drilling commenced on two exploration campaigns in the Homestead and Lepidolite locations to evaluate further resource potential around the NTI mine.

In addition to significant tantalum potential, the NTI mine has shown potential for lithium production.

ABOUT AFTAN

Aftan is a dedicated tantalum company. Through its subsidiaries, the Company manages and operates the Tantalite Valley Mine (TVM) in Southern Namibia, near Warmbad in the Karas District.

ABOUT TANTALUM

What is tantalite/tantalum?

Tantalite (or coltan) is a naturally occurring oxide; the main ore and source of oxides and metallic tantalum

Tantalum is the refined elemental metal (although mostly used as high purity oxides)

Properties

Its key attributes include: excellent electrical characteristics, extremely high melting point, forgiving in all types of weather conditions, strong alloying and high resistance to corrosion.
Tantalum’s unique physical and chemical properties are expected to ensure high usage in new technologies and has been in our materials since the early 1800’s

Major Uses

Tantalite, or coltan, is a key component in the building of electronic capacitors, which without this mineral, many electronic devices around the world would stop. In particular, Tantalum is used in;

. Computers
. Telecommunications
. Mobile Phones
. Gaming
. LCD TV
. Automotive
. Military/Aerospace

In addition to this, when alloyed with other metals, tantalum is used in fabricating carbide tools for metalworking equipment, jet engine components, chemical process equipment, nuclear reactors and missile parts and is widely used in automotive electronics such as anti-lock braking systems (ABS), navigation systems, wheel traction control, airbag inflation, engine management and fuel economy.

Giles Clarke
Chairman


Giles Clarke is currently Chairman of Amerisur Resources plc (AIM: AMER) and Westleigh Investments Holdings Limited and Non-Executive Chairman of Ironveld plc (AIM: IRON). He began his career as an investment banker with Credit Suisse First Boston before successfully establishing, building and selling a number of high profile businesses including Majestic Wine, Pet City plc and Safestore plc.


Larry F Johnson
Chief Executive Officer


Larry Freeman Johnson has more than 35 years’ experience in the Manufacturing and Global Supply Chain Industry that included Tantalum, Ceramics and Film industries having worked with two global leading world class Manufactures having multiple facilities throughout the world and were both publicly listed companies with core interests in tantalum along with Ceramics and Films. Throughout his career, Larry has held several senior key positions, most recently as Director: Mining and Global Tantalum Supply Chain at KEMET Electronics Corporation. Significantly, Larry spent several years focusing on the development of conflict-free global supply chains, which will be of material benefit for the Company's investee, Aftan and will allow expansions having this clear path of compliance and risk management. Larry is currently based at the NTI mine in Namibia and oversees Aftan’s operations on site.


Nick Harrison
Director


Mr Harrison is currently Finance Director of Amerisur Resources plc (AIM: AMER) and a Non-Executive Director of Ironveld plc (AIM: IRON). Mr Harrison was Finance Director of Pet City plc and has held Board positions at a number of private companies with international activities. He is a Chartered Accountant, having qualified with Arthur Andersen before holding senior roles with Deloitte, Midland Bank (International) and Coopers & Lybrand.

Shareholder Number of Ordinary Shares Percentage held (%)
Hargreaves Lansdowne Nominees Limited 40,221,888 15.66
TRACARTA 25,867,095 10.07
Walker Crips 23,867,095 9.04
Interactive Investor 15,409,724 6.00
UBS 14,674,265 5.71
Halifax Share Dealing 12,345,196 4.81
Malborough 10,866,667 4.23
Giles Clarke 10,499,410 4.09
Westleigh Investments 10,338,095 4.02
Harrison, John Nicolas 8,832,743 3.44

 

Nominated Adviser
finnCap
60 New Broad St
London EC2M 1JJ

 

Joint Broker
Shore Capital
Bond Street House
14 Clifford Street
London W1S 4JU

 

Auditors
Welbeck Associates
30 Percy Street
London W1T 2DB

 

Legal Adviser
Kuits Steinhart Levy LLP
3 St Mary’s Parsonage
Manchester M3 2RD

 

Registrars
Capita Registrars
The Registry
34 Beckenham Road
Beckenham
Kent BR3 4TU
0871 664 0300

 

Financial PR
Camarco
107 Cheapside
London EC2V 6DN
Tel: 0203757 4980
Web: www.camarco.uk

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