Chariot Share Discussion Threads

[skiboy10] 10/11/2020 07:15

10 November 2020 - KAV

Proposed placing to raise £2,000,000

Kavango Resources plc (LSE:KAV), the exploration company targeting the discovery of world-class mineral deposits in Botswana, is pleased to announce that it has conditionally raised £2,000,000 before expenses by the issue of 72,727,273 New Ordinary Shares in the capital of the Company ("New Ordinary Shares") at a price per share of 2.75 pence.

Michael Foster, Chief Executive Officer of Kavango, commented:

“We are very pleased to have received such strong backing from investors, as we now enter an exciting phase of Kavango’s development. The Company sought to raise a maximum of £2 million and I am happy to report that the placement was over-subscribed.

We are now well funded to pursue our ambitious exploration plans and unlock what we believe is the Kalahari Suture Zone’s (“KSZ”) considerable potential. We have taken great strides over recent years to validate our overall exploration hypothesis that the KSZ is host to one or more large Copper-Nickel-PGM deposits.

Over recent weeks we have continued further analysis of the extensive geological data we have compiled and will announce shortly our highest priority target areas.”

[chestnuts] 10/11/2020 00:27

His that you Dell Boy

[bmwman3] 09/11/2020 20:00

After the COVID hits today this is one of the best investments going atm! Imho

[bmwman3] 09/11/2020 19:58

100% this one of the best investments going at the moment!

[bmwman3] 09/11/2020 17:50

Zak Mir sharetalk 16p target by end of November! Nice!

[888icb] 09/11/2020 10:39

After 2.5 hours trading Up 22% at 13p on volume of 9 million having already hit 14p earlier. A very promising start to the week and still a lot of upside based on the recent comments from Simon Thompson in Investors Chronicle and others.

[babbler] 09/11/2020 10:23

At this rate end of November...

[jotoha2] 09/11/2020 09:44

Small regret top slicing at 10p , greed is not good , 20p by year end very much in place now.

[babbler] 09/11/2020 08:58

No rns. Keeps going I expect.

[w0lf0fwallstreet] 09/11/2020 08:17

Chest nuts my ol Muker how is pineapple1

[anangf] 09/11/2020 07:09

No RNS...pull back today I expect

[richardjohn10] 08/11/2020 17:08

Entry price now, will there be a pull back or not??

[chestnuts] 07/11/2020 12:00

This chart below also shows a target of 47.25

A to B = 46p and 289 days

a to J is 5611 days and 19.75p

5611 divided by 289 = 19.415p

19.415 is .618 of 31.42

The last ratio ie 16 days which started today 7th Nov will hope fully be the most dynamic


Also c to J is 4386 days long and a total movement of 46p.




free stock charts from uk.advfn.com

[888icb] 06/11/2020 18:03

The 400000 reported at the close was a Buy at 10.8p from 9am this morning.
CHAR closed Up 6.5% on volume of 19.6 million. A good end to the week even though it was off the days highs when it looked to be heading for 12p.
Looking forward to next week particularly if we get some further news on the financing.

[pally12] 06/11/2020 17:57

400000 buy at 9.00 reported after hours sure now how manipulate

[jotoha2] 06/11/2020 15:43

Profits going into TRP , expect 30p here once we line up finance .

[888icb] 06/11/2020 15:22

Over 500 trades now as the volume reaches 17.7 million. The highest price paid recently was 11.75 for 50000.

[888icb] 06/11/2020 14:59

Now Up 15% on volume of 17.2 million with 90 minutes trading to go.

[888icb] 06/11/2020 14:56

CHAR having another run following the 10p profit taking. Currently Up 7% on volume of 16.8 million hopefully on its way back to earlier highs and a strong end to a very good week.

[pally12] 06/11/2020 14:41

Should have bought some more earlier

[davidtrain] 06/11/2020 14:07

It is in the Investors Chronicle, so maybe not!!!

[pally12] 06/11/2020 12:55

Can see alot of selling before weekend

[satkaur1973] 06/11/2020 10:00

Put Tower Resources on your watchlist .It could be the next one to multiply.