Kiwara Share Discussion Threads

[pre] 24/9/2008 09:44

it wouldn't surprise me if we saw some directors buying stock here with a view to atleast doubling their money...let's see what happens....

[pre] 24/9/2008 09:07

extract from above rns:

Research firm Growth Equities & Company Research, which initiated
coverage of the stock with a 'strong buy' recommendation, says there is still
"huge potential" upside for the shares.

[pre] 23/9/2008 18:47

tomorrow we should see these surge past 30p imo as this excellent news is digested, dyor etc:-)))

[vanbrussel] 23/9/2008 13:55

Lucky guys at Kiwara
Is Kawako also a 75-80% JV with LM Engineering?
Pity they need funding and a with this marketcap nothing in here for punters

They have excellent neighbours with Equinox and First Quantum
And possibly a railway nearby in a couple of years (Chingola - Mwinilunga)

[powwow] 23/9/2008 12:29

wonder what these are worth now moving forward

[pokerbrat] 23/9/2008 11:32

Funny, I got exactly the same note (word for word) from Thomas Jones @ t1ps.com. It also had the following disclaimer (which explains why):

"This research note cannot be regarded as impartial as GE&CR has been commissioned to produce it by Kiwara Plc.

The information in this document has been obtained from sources believed to be reliable, but cannot be guaranteed. Growth Equities & Company Research is owned by t1ps.com Ltd which is commissioned by companies to produce research material under the Growth Equities & Company Research label."

[1waving] 23/9/2008 11:24

Anna Faelten ------------ Paid by the following RAMPING organisation to RAMP
Rivington Street Holdings - Owners of GE&CR who take companies cash to RAMP
RAMPING ORGANISATION EXTRAORDINAIRE

The note also fails on regulatory standards --- Beware of Rivington Street Holdings / GE&CR - Follow their advice at your peril.

DYOR !!!!!!!!!

[anna faelten] 23/9/2008 10:44

Hey All, here is a GECR note on Kiwara [url= , out today. I should declare the Kiwara is a corporate client of RSH, for whom I work, but I thought this note would be of interest.


Kiwara* – Kawako Drill Results – a company maker? Strong buy at 23.5p.


Key Data

EPIC
KIW

Share Price
23.5p

Spread
22p-25p

Total no of shares
160 million

Market Cap
£37.6 million

12 Month Range
15-35p

Net Cash
£1.5 million

NMS
2,000

Market
AIM

Website
www.kiwara.co.uk

Sector
Industrial Metals

Contact
Colin Bird, Chairman
Tel: [phone]

AIM and JSE listed Kiwara has today announced its initial drilling results from its Kawako prospect in Zambia which raise the very real possibility that this nickel find could be a company maker. On the basis of two boreholes one cannot draw firm conclusions or valuations but the potential is clear and the shares have already surged by more than 50% on the news. However there is still huge potential upside and on the basis of today's results we initiate our coverage with a stance of strong buy at 23.5p and will be publishing a second, more detailed, note shortly. These early results suggest that Kiwara's shares have the potential, even in the current climate, to multiply in value.

Kiwara was formed after the reverse takeover by AIM listed Wadharma Investments Plc of Kiwara Resources Ltd. The new entity reincorporated as Kiwara Plc in August 2007 and obtained a secondary listing on the JSE in April 2008. Kiwara operates in Zambia in a joint venture with LM Engineering Ltd in which it has an 80% interest. The venture – known as Kalumbila Minerals – owns the exploration rights to Licence 267, a 3,500 square kilometre licence in the North West of Zambia. The company's interest in the licence was obtained via an earn-in agreement with the conditions that around £2.3 million be spent on the licence – predominantly via an exploratory drilling programme. The area in and around Licence 267 is known to contain copper, nickel, cobalt, iron ore and uranium, and although the company's exploration licence is due to expire in September 2009, the company's current and proposed activity comfortably meets the activity programme necessary to renew the licence.

Kiwara is currently focused on 3 projects within licence 267 – Kalumbila, Kawanga and Kawako. Kalumbila has over 8 kilometres of strike along which 40 drill holes have been sunk. The highlights of the campaign to date are 224 metres at 0.59% copper and 0.04% cobalt, (including 39 metres at 1.25% copper and 0.024% cobalt), 55 metres at 1.15% copper and 46.3 metres at 1.39% copper. Understandably the company is excited by these results which have been achieved close to the surface. The next steps are to define a compliant inferred resource, before a scoping study details the project's economics.

Kawanga is a uranium prospective site which was identified in the early 1970's by Italy's AGIP. Access to the historical database is yet to be obtained, so Kiwara is re-drilling the known mineralization together with conducting a ground radio-metric survey. The highlights of the drilling program to date were 6 metres at 0.118% U308 and 1 metre at 0.87% U308. The ongoing exploration work hopes to establish a SAMREC compliant U308 mineral resource, which if obtained will lead to pre-feasibility studies being undertaken in 2009.

However it is now Kawako which is the focus of attention. The world has not seen a major nickel find for many years and as such any large discovery is bound to attract real interest. Kawako is located 12 kilometres North West of Kalumbila, and Kiwara had already established the presence of nickel through soil geo-chemistry and the assaying of rock chips. Today's announcement shows high grades of nickel with the longest intersections of 53.5 metres at 1.07% nickel, 10.87 metres at 6.73% nickel and 5.58 metres at 3.2% nickel. The 10.87 metre intersection included exceptionally highly concentrated lengths of 1.2 metres at 17.41% nickel and 0.93 metres at 15.37% nickel. The two drill holes announced today – KW1 and KW1 – are 870 metres apart, which when combined with their near-surface status and high grades, means that - if infill drilling confirms a continuity of strike - this prospect could well become a large open pit mine. The first two results have prompted Kiwara to instigate an accelerated drill program to further delineate and categorise the resource.

While Kalumbila was the company's leading project, today's announcement at Kawako has caused the company to re-think its strategy. Given the high nickel grades, distance between drill results and proximity to the surface, the potential for a major nickel discovery is very real. While the company is currently only sitting on about £1.5 million in cash, the nickel announcement has come at a good time as it is certain to ensure that any capital raising to accelerate exploration work is well supported. GE&CR will be writing a more detailed note on the company shortly, but even heavily discounting the potential value of Kawako to account for the modest data accumulated to date, the shares looks materially undervalued. This prospect has the potential to be a company maker and at 23.5p we rate the shares as a strong buy.




Forecast Table

Year to 31st Mar
Sales (£ Million)
Pre-tax Profit (£ Million)
Earnings Per Share (p)
Price Earnings Ratio
Dividends Per Share (p)
Dividend Yield (%)

2007A
0
(0.07)
(0.28)
NA
0
0.0

2008A
0
(0.15)
(0.08)
NA
0
0.0

2009E
0
(0.4)
(0.25)
NA
0
0.0

2010E
0
(0.8)
(0.5)
NA
0
0.0



Anna Faelten
Rivington Street Holdings

[james t kirk] 23/9/2008 09:02

Hi pre, noticed this first thing and thought about buying, then got stuck into work and didn't get round to it. Just bought 7,500 as it seems very under rated and price is only back to July levels now.

[pre] 23/9/2008 08:28

close to surface nickel find....fantastic news....

[pre] 20/8/2008 08:54

nice...copper find;-)))

[pre] 26/6/2008 08:39

The news is getting better and better....re-rating coming soon imo:-)))

[safman] 26/6/2008 08:18

Kiwara says found high-grade uranium mineralisation at Kalumbila target




LONDON (Thomson Financial) - Kiwara Plc., the Zambia-focused mining
exploration company, said it has found high-grade uranium mineralisation from
its ongoing exploration programme on the Kalumbila base metals target in Zambia.
Colin Bird, chairman said: "The results from this borehole are very exciting
and may provide a bonus to the potential of Kalumbila as the uranium would
generate a valuable credit."
The company said it will continue its aggressive exploration programme with
the objective of proceeding to a feasibility study of the Kalumbila target.
[e-mail]
yos/bsu/ajb


saffy..

[pre] 25/6/2008 18:21

some further excellent news.....like this bit of the snippet:


"...Further, the company said it sees significant increase in shareholder value
in the coming year after it increased its stake in Kalumbila to 75 percent from
55 percent.
Chief executive Peter Vivian-Neal said the results of continued exploration
of the copper mineralisation within Kalumbila along with the presence of nickel
and cobalt has made this mine a valuable secondary target..."

[pre] 10/6/2008 09:02

nice to see someone else post safman...next stop on the charts...35p imo...

[safman] 10/6/2008 09:02

good news..

saffy..

[pre] 10/6/2008 08:16

Well there you go.....the project is being fast tracked..excellent rns this am:

I like this bit of the news:

Colin Bird (Chairman) says: "We are delighted with these early sample results that may
indicate significant nickel mineralisation at
Kawako. An aggressive programme to drill this target will now be implemented"

[pre] 27/5/2008 08:43

Drilling Update




RNS Number : 2132V
Kiwara PLC
27 May 2008

JSE * KWR

AIM * KIW

ISIN * GB0007702953



27 May 2008

Kiwara plc

("Kiwara" or the "Company")

Drilling Update - Kiwara encounters wide intersections of potentially open pittable copper
mineralisation

The board of Kiwara, a Zambian based exploration company, is pleased to announce further
significant results from its ongoing drilling
programme on the Kalumbila base metals target.

Highlights:

* Drill Hole L29 assayed 1.15% copper over 55 m intersection
* Strike length currently in excess of 2 km
* Soil sampling indicate similar potential over 5 km
* Holes L28 and L30 return good bulk mining grades

Kalumbila Drilling Update:

L29 was diamond drilled 70 m south and "up-dip" of the Reverse Circulation hole LR3 which
assayed 0.66% copper over 36 m from a depth of
24 m (announced 29 January 2008).

The selected results of L29 are:

Depth Intersection Copper
(m) (m) %
106 9 0.63
124 55 1.15


The Company is drilling further up-dip of L29 to test how close the mineralised body comes
to surface. Concurrently the Company is
drilling along strike, to test for continuity of the potential 11 km strike length.
Hole L28 was drilled 2.1 km east of L29 and L30 was drilled on section with L28. Both
holes intersected good copper mineralisation and
in the case of L28 significant values of nickel and cobalt

Results of L28 and L30

D/H Depth Intersection Copper* Nickel* Cobalt*
(m) (m) % % %
L28 114 9 - 0.25 0.17
139 14 0.68 - -
219 8.5 0.77 - -

L30 53 14 0.7 - -
* weighted average

Alfred H Knight of Kitwe, Zambia an internationally accredited laboratory (SANAS, UKAS,
QMS) carried out the assays of the core samples
from these drill holes.

Colin Bird (Chairman) said: 'The results from these boreholes are very positive,
especially in the case of L29, and support the
Company's earlier comments as to the potential for near surface copper at Kalumbila. The
Company will aggressively pursue these targets with
the objective of developing a resource and proceeding to feasibility study."

About Kiwara:
Kiwara is an exploration company with a focus on base metals in the Republic of Zambia,
which is a major copper producing country.
Kiwara, through its majority owned subsidiary, Kalumbila Minerals, holds Prospecting
Licence 267 which is within the Kabompo Dome in
North Western Zambia, a complex poly-metallic geological feature, thought to contain abundant
multi metal targets. This is within the area
considered to be the western extension of the Copperbelt, an increasingly significant mining
area that contains the new Kansanshi and
Lumwana copper mines.



For further information, please contact:




Kiwara Plc Tel:
[phone]
Colin Bird, Chairman

Peter Vivian-Neal, Chief Executive Officer Tel: [phone]

Investec Bank, Johannesburg
Robert Smith Tel: +27
(0) 11 286 7326

Investec Bank (UK) Limited Tel: +44 (0) 20
7597 5000
Gerard Kisbey-Green / Jan Bosch

Bishopsgate Communications Ltd Tel: [phone]
Nick Rome


This information is provided by RNS
The company news service from the London Stock Exchange

END

[pre] 27/5/2008 08:07

well, very good news this morning with release of 'very positive' results from copper mineralisation:-))))

[pre] 19/5/2008 20:33

This is getting better by the day....upward trend formation occurring here imo, bodes very well indeed:-))

[pre] 08/5/2008 21:19

The significance of this rise cannot be under estimated imo....looking very good...reckon someone must have picked up a sizeable chunk today, imo, dyor etc:-)