Hollywood Bowl Share Discussion Threads

[imnotspartacus] 10/8/2020 11:27

RBW - nice bowl forming on the breakout

[cpap man] 10/8/2020 07:05

KAV



LSE:KAV



KAV

Transcript of interview with Mike Moles Today

The report was done by Dr. Pendergrast who was a consultant for us when we first started and he looked at the core of previous workers and he was the person who flagged the whole concept that we might be looking at a Norilsk style magmatic sulphide situation. So, what we have done now as a result of the drilling that we did in November we have given him some more samples of drill core that we have actually produced and asked him to do a report on that. So what he has done is look at the petrology. So the petrology is looking at the rocks and the minerals that compose the rocks which he has done through examining slides, thin section slides so that he can see what the rocks look like under a microscope.

He has also been looking at the mineralogy which he is only able to do by looking at the whole rock geochemistry. The idea is he will be able to see what the rock is composed in terms of the number of atoms that exist in the rocks. What he hasn’t been able to do is specifically look inside the individual minerals to see what they are individually composed of. That is now going to be done at the University of Leicester by Dr David Holwell and those sample have gone to him.

The real breakthrough about all this and what we are really excited about is that Dr. Pendergrast has come up with two things that are really important. One is that the copper and the nickel that are in the rock, virtually all of the copper is in the form of sulphides and a large proportion of the nickel is also in the sulphide which means that the sulphur has been extracting all the metals that we are interested in and drawing them into sulphides and no longer residing in the silicates.

The other thing that is also very important is that in one of the samples there was a huge amount of sulphur 18,700 ppm which is 1.8% no you do not get that in a gabbroic rock unless the magma has incorporated sedimentary sulphur into it. That has always been our contention that particularly coal measures have been incorporated into the molten rock and provided the sulphur necessary for the formation of metal sulphides.

So I would just like to take you back to the start of the whole process. We have got molten magma down right down several kilometres below the earth’s surface. It’s in a molten form, it’s rising up through vertical cracks and fissures within the earth’s crust and as it comes up you can move horizontally into sills and very close to the surface those sills have intruded into these sulphur rich sediments which are recognized by coal measures. These are sulphur rich. What happens now is that there is a small amount of copper and nickel and cobalt and all sorts of other metals in the magma. They in themselves are not concentrated enough to form a deposit so what it needs to do now is to concentrate and it’s the sulphur that does that. We know that the sulphur is there now in large quantities it will extract the copper and the nickel and prevent it from going into the silicate rocks which it would otherwise do.

The metal sulphide is now quite heavy and dense so the liquid then sinks to the bottom of the sill and imagine also at the same time the magma is moving along the sill it is being transported through a plumbing system so that eventually it will come out on the surface. Now we know the mechanism works what we need to imagine there is huge amounts of magma so we know from studies from elsewhere that thousands of cubic kilometres, If you can imagine what a cubic kilometre of lava looks like we are talking about thousands if not millions of cubic kilometres of lava passing through this system. So we only need small quantities of metal sulphides to be trapped and accumulated in trap zones or in areas where the sill is thicker and deeper to form a magmatic sulphide deposit.

So, what this report really tells us is that the whole mechanism is there, what it hasn’t yet done, what we haven’t yet confirmed is where the metal sulphide will have been deposited. And that is a job that is now ongoing. We’re running a computer generated 3D model which is based upon all the work we have done over the previous years to construct this model which will show us the geometry of these sills and once we have identified those sills which have thicker portions, where there is a keel or a trap zone where metal sulphide liquid may have accumulated that’s where we are going to find the magmatic sulphide deposit.

So, once we have identified those target zones we will then go out into the field and do what they call a low frequency EM surveys which we anticipate will pick up the metal sulphide deposits at depth. Of course, we can only go down 300m or 350m I am sure there will be metal sulphides much deeper than that but it’s not going to be viable from an expiration point of view. So you know we are very excited about this because it’s a major step forward and leads us into the next phase of our exploration.

Summary of rest of interview – Back working on the ground in Botswana hopefully within the next two to three weeks.

[toby hall] 06/8/2020 21:24

XSG (Xeros Technology) ......... getting there

[hazl] 06/8/2020 16:52

INFA?


Bowl?

[on business] 06/8/2020 16:26

What are you doing here Fest ?

I thought this place and the people who populate it were beneath you, now you're a member of ....

[festario] 06/8/2020 15:37

I'd say ADME was a good candidate.A collapse last year, and a slow, steady build up this last 3 months.A new board being assembled over that time, and new licensing projects being submitted.A very low market capitalisation, and one I've been chipping away at this last 3 months to build a holding, until the side of the bowl completes.

[cpap man] 06/8/2020 06:50

KAV



LSE:KAV



Michael Foster, Chief Executive Officer of Kavango Resources, commented:

"The publication by our consultant, Dr Prendergast, of his report is an important step forward for the Company, as it seeks to validate its exploration hypothesis that one or more 'Norilsk style' deposits exist in association with magmatic rocks along the KSZ structure in SW Botswana.

There now seems little doubt that there was enough sulphur in the magma to form a metal sulphide liquid phase. Dr Prendergast's report suggests that as much as 50% of the nickel and perhaps all of the copper in the magma may have precipitated as metal sulphides. The quantity of metal sulphide precipitated is a function of how much magma passed through the system on its way to the surface. All the indications suggest that it was in the order of several thousand cubic kilometres. Where the metal sulphide was precipitated and eventually crystallised is now the main focus of the company's exploration. Geological modelling of the gabbroic intrusives in the Hukuntsi area identify areas of gabbro sill thickening similar to those associated with major orebodies at Norilsk. These zones of sill thickening are now being mapped and evaluated. Targets for ground based low frequency EM surveying are being selected and the surveys will be carried out once the Covid-19 restrictions have been lifted."

[cassini] 04/8/2020 23:34

The gold 10 year chart bowl formation has been noted by other observers. I think there was an article on it on Zerohedge.com last week (ish). Sorry, can't find it. I think what happens depends on whether the formation goes to a 'cup and handle' or a 'bowl. The cup and handle has a pullback when prices recover to the entry price to the 'cup', then increase again. The bowl formation just keeps powering up after it exceeds its initial entry price, the only TA I could find on the 'bowl' says the price rise can be equivalent to the depth of the bowl.

Well, in $ the bottom of the bowl was ~$1100 and the entry about $1900, so we might see $800 of rise from the breakout on this side of the bowl. That's about $2,700. That would be ~£2,000/oz!

[sidarthur2] 04/8/2020 17:45

Look at the gold 10 year chart - any observations?

[cpap man] 04/8/2020 10:35

ARCM



LSE:ARCM



GOLD & COPPER



TheLung4 Aug '20 - 10:52 - 68 of 69

Re ARCM - is the golden cross now in play? TIA

[cpap man] 03/8/2020 08:38

ARCM

LSE:ARCM



GOLD & COPPER



Ditto



KAV

LSE:KAV



Also in the oilers



UOG

LSE:UOG

[tomps2] 27/7/2020 06:49

Mark Slater mentions BOWL at 12m30s in this Hour with Mark Slater interview.

[toby hall] 21/7/2020 21:56

XSG Xeros Technology, now above the 200
An impressive looking chart, indicating huge upside.
Griffiths has recently added.

[farnesbarnes] 21/7/2020 19:37

BEG Begbies Traynor

Base of bowl formed at 92p, 115p top, now at 99p. MACD about to go positive, decent volume last 2 days. Results in line today.

[k mon] 20/7/2020 20:41

BATM Advanced Communications... (BVC)..


Must admit - have been in this for a little while .. since a breakout
above 70p.. - Now £1.46 and rising rapidly.. and so
a welcome addition to my SIPP..

Take a look at a long term chart .. Monthly bars or larger
.. all the way back to the Dot.Com Boom.. where it Nudged £8.00
.. so lots of headroom..

If you like Bowls .. you will appreciate the shape this is making..
(View using Log Scale )

Not Ramping .. just sharing the joy & letting you know
.. the Bowls are out there .. Just grab a few & let the
very generous Market fill 'em up

[redalert] 17/7/2020 11:06

1st August

[john09] 17/7/2020 11:05

There was a date I have forgotten already. Was August something

[qvg] 17/7/2020 11:04

I think it also fell back for gyms

I have not seen PMs announcement. Is there a date?

[john09] 17/7/2020 10:46

Yep seen this same move with pubs and restaurants, unfortunately I think you’ll find this spike will fall back to flat if those were anything to go by

[redalert] 17/7/2020 10:41

due to opening announced by PM

[john09] 17/7/2020 10:31

On the move

[trader deak] 07/7/2020 13:43

5th July Telegraph share pick.

[cpap man] 12/6/2020 15:50

KRS

LSE:KRS

Also the LSE:KRS chart is starting to look really rather bullish almost BOWLesq....those patterns generally lead to long bullish moves northwards!