Zeus Research Note
Zeus Capital publishes research note identifying Kazera as materially undervalued at 5.9p per share.
- Zeus fair value estimate 5.9p per share
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Kazera Global plc (AIM: KZG), the AIM-quoted investment company, is pleased to announce that Zeus Capital Limited ("Zeus") has published a new research note on the Company entitled "Kazera - undervalued".
The note highlights the underlying value of Kazera's heavy mineral sands assets in South Africa, drawing comparisons with a recent sector transaction and the valuation of an established producer. Zeus concludes that the Company is materially undervalued, identifying a fair value of 5.9p per share.
The research note can be accessed via Zeus' research portal here.
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