Dukemount Capital Share Discussion Threads

[cpap man] 07/10/2019 09:28

KAV



SP Angel . Morning View .



Kavango Resources (KAV LN) 2.0p, Mkt Cap £3.1m – Kavango selects new targets for 1,000m drill campaign

Kavango Resources has signed a contract mobilising a number of drill rigs to test targets in Botswana.

The drill program is for three vertical holes covering 1,000m on the Kalahari Suture Zone ‘KSZ’

The team plan to intersect conductor targets at depths of between 200m and 400m.

To save time and cost, the holes will be pre-collared to approximately 150m with reverse circulation drilling followed by diamond core drilling for better information on the geology below this point.

Management are hoping to find mineralisation in a 10km x 6km magnetic anomaly, which is interpreted as a potential magma chamber.

The other two targets relate to significant linear magnetic and conductive structures.
Water will be trucked in from a local town.

Conclusion: Botswana hides many interesting mineral discoveries under a significant depth of Kalahari desert sand.

Kavango hopes the use of modern remote sensing techniques will help it pinpoint mineralisation in anomalies of significant scale under the sand.

While drilling these targets feels a bit like wildcatting in the oil industry investors can rest assured that target generation is supported by a thorough analysis of the latest data.

[338] 07/10/2019 09:27

How many more weeks are needed to finalise the deal with university and other projects such as home for dementia?

[ivor hunch] 03/10/2019 13:45

There were several buys this morning at 1.03 and even 1.04, but the price has fallen back since then.

[338] 03/10/2019 09:23

Very good 👍

[market master] 03/10/2019 08:58

#DKE can sell 2 million above bid but only buy 600k before going to NT. 1p should be taken out today!

[338] 02/10/2019 11:33

Let's maje assumsion that a contract can generate 10% net profit from initial setup of property plus monthly fee after the setup gets completed.

Then you put figure of lucrative or not lucrative

I think £3m market cap will still be pretty low

[apfindley] 02/10/2019 11:15

Feels very rampy at the moment. What will happen if those projects are not the lucrative gifts that the Twitter guys say they are.

[338] 02/10/2019 10:53

500k purchase at 0.95p above the offered price 👍

[market master] 01/10/2019 07:24

Should see 1p taken out today hopefully it will hold at 1p and make a new base before the next run up to 2p+

[338] 30/9/2019 14:13

1p to buy 👍

[338] 24/9/2019 11:09

I hope the final results in Jan 2020 will declare a maiden profit and ready to distribute a small dividend at the end of next year.

SP should go up steadily in 3 months or so.

Deal with universities is a game changer... As MM said... 10 bagger for shareholders

[market master] 24/9/2019 07:36

I've been invested in DKE for years and have built up a large stake. It's the first time since launch that the share price has shown strength. I think 0.68/0.70 is support and it will build up to 1.5p from here.

The news could come any time and buying after the news will be very difficult.IMO.

[338] 23/9/2019 15:34

How are you so optimistic, MM?

[market master] 23/9/2019 12:33

my guess is that the share price should get past 1p and hold within few days.

[338] 23/9/2019 11:28

Impressive share price movement 👍

[338] 20/9/2019 11:44

Thanks Ivor, is the presentation available in their website. I guess the first deal will be in Midlands judging by recent joint venture with a company in Leicester.

[ivor hunch] 20/9/2019 11:10

According to the shareholders' presentation:
'DKE hope to complete 1 to 3 university deals within 6 to 12 months although could be sooner'
On that basis I would think we are looking at 2020 for any news.

[338] 20/9/2019 10:42

Is DKE going to sign a deal with university this year?

[ivor hunch] 19/9/2019 18:37

Yes, I made a six figure profit on SGM and am hoping to do something similar here - mark you it will take years not months. Property always moves at a snail's pace.

[338] 19/9/2019 14:38

SGM, 6p on 01 Jan 2013...140p on 01 Jun 2018

Let's leave £50k on DKE for 5.5 years to make it £1m 👍

[ivor hunch] 19/9/2019 11:05

I'm no stranger to ramping and dumping, but I really think DKE is different. The business model is very interesting with potentially significant profits and the marketcap remains modest. This is not a high tech or medical play where good ideas can quickly be overtaken by events and often US competition. This is a property play which takes time and patience, but huge rewards are possible. Some time ago I reminded people on this board about Sigma Capital (SGM)which languished at 6p and then was developed into a property company specialising in building rented accommodation working with local authorities. The shares have come back off their highs, but they reached 140p at one point - a twenty + bagger. I put DKE into the same category.
Ivor

[dave4545] 19/9/2019 08:39

Lowest ever price 0.26-0.27p

Probably means lowest ever offer just under 0.3p so where are you getting 0.1p from

Dan tipped this at 0.3p I can remember the post, wish I listened then but I'm in from 0.43p and have a free carry now so I'm happy

[338] 17/9/2019 10:31

10p is coming

[dave4545] 17/9/2019 10:22

whoosh nothing offered at 0.88p now