Kavango Resources Share Discussion Threads

[tomboyb] 01/8/2023 10:41

Gone blue -

[tomboyb] 31/7/2023 13:07

Buys trickling in -

smashed from 1.5p -

[danmart2] 27/7/2023 12:39

We have our first KAV ramper in a while, welcome

[goforgold1] 27/7/2023 11:54

Take a look here. Interesting . 50% held by company. .Great Southern Copper identifies high-grade copper. GSCU . High-Grade Cu in Rock Chip Samples up to 3.39% Cu from Abundante Mine Prospect. .4 million market cap 10 million give you 5p easy.

[danmart2] 26/7/2023 21:49

Now wants to be a producer?

How is this guy still the CEO?

[dead duck resources] 26/7/2023 17:41

"Our first-mover advantage is very significant. We've got an opportunity here to be a mid-tier gold producer"

Shameless overpromotion from the CEO there. A pie-in-the-sky narrative shoehorned onto an AIM explorer no-hoper. They admitted rejecting these tenements 3 years ago, doing a 180 on that after the failure in Botswana is sheer desperation.

[danmart2] 25/7/2023 17:16

CEO is part of the problem

[tomboyb] 25/7/2023 16:10

Gone blue in this market -

[dead duck resources] 18/7/2023 14:12

Interesting, in the interview the CEO said if they'd hit paydirt in the drill they'd
have cancelled the next tranche of Pure Bond's 1p financing, but now the share price
has crashed to half of that he is demanding they commit to 1p. Quite outrageous imho

[theshareguru2] 18/7/2023 12:16

if the deal goes through for pure bond, i can see a very interesting situation when mining will be hived off as IPO and pure bond will use quote.

[bradshaw980] 18/7/2023 06:04

Never heard a CEO slag off geologists like that. End of the day he drilled a gold plated duster and buck stops with him...LoL !

[danmart2] 18/7/2023 00:03

The CEO is to blame more than anyone

[3ootuk] 17/7/2023 14:15

No point blaming the geologists who have worked in the area for decades.
Every one of them can give plausible theories until someone actually sticks a drill in to (dis)prove the theories.
The "readings this high can only be massive sulphides" was certainly heavily pushed by all involved.

[apotheki] 17/7/2023 08:15

Yes not a good listen at all D D R and now Tom W*nkiFr*th over on Tw*TT*r reckons that flip flop [as he calls him] is going to get sacked in the morning as the old football saying goes!?!?!

[dead duck resources] 16/7/2023 11:15

Stockbox interview highlights

With a new project to promote the CEO can now acknowledge KCB was too deep (unviable)

Q. Is there any potential commercial value in the findings?
CEO: "No. I have to be absolutely straight here, it's not worked. We have to move on.
It's a risky and very expensive form of exploration particularly looking for targets
that are so much deeper [and] these targets were very deep."

CEO points finger at their geologists who (he says) didn't know what they were doing;

“We have finally got a geologist who actually knows what he’s talking about. This is
something the Company severely lacked. A lot of the work Kavango has done in the KCB
has unfortunately been pretty misguided.”

[theshareguru2] 13/7/2023 19:16

added today a snip at 0.6 , there will be plenty of news i am sure and pure bond is interesting.

[bigjames2] 12/7/2023 12:19

Rock and a Hard Place. Without drilling there are no results. Good or bad. Time to be resilient and come back stronger.

[palace pete] 12/7/2023 12:16

What about Ditau.

[kdickson] 12/7/2023 11:39

SP Angel . Morning View .

Kavango Resources (KAV LN) 0.58p, Mkt cap £4.87m – Drill hole KSZDD003 drilled to 606m to test B1 conductor identified by electromagnetic survey



Kavango Resources report the drilling of the KSZDD003 drill hole to 606m depth to test the B1 conductive target in the Kalahari Suture Zone, Botswana.

The hole passed through a sedimentary sequence and two intrusive bodies thought to be of Karoo age as also seen in in the previous drill hole at KSZDD002.

Examination of the drill hole shows the thicker carbonaceous material, contains coincident graphite and pyrite rich bands, with minor pyrrhotite veining.

This is the most probable conductive source with no visible nickel or copper sulphides as hoped for.

Sadly, while geophysics provide good data for directing drilling it can only give indications for potential mineralisation.

In this case the conductors appear to be graphite and pyrite rich layers with some pyrrhotite veining with no prospect for tangible value.

The team will now move on from their work on the Kalahari Suture Zone and redeploy to the Kalahari Copper Belt and a new Zimbabwean gold opportunity.

Drilling will resume on easier targets in the second half on the new targets.

“Kavango will now also finalise the prospectus for completion of the £4.6million investment from Purebond that will move ahead on the terms agreed in May.".

Conclusion: It is a great shame that Kavango’s drilling has not supported the theory of a Bushveld-style igneous complex under in the Kalahari Suture Zone. It was a good geological theory supported by some highly experienced geologists but, more positively, the team have learned much from their geophysical surveys and drilling and are well prepared for their next campaign. We look forward to better results in the second half on shallower targets with other indicators for potential mineralisation.

[the bull] 12/7/2023 10:37

Market Cap 2.6M = Thanks Ben

[palace pete] 12/7/2023 09:45

If they don't, underpins 1p.

[bungeetrader] 12/7/2023 09:01

Plop!
The 'new' investor must be well chuffed at putting in millions at 1p!
(Won't be too surprised if that gets changed at some point)

[3ootuk] 11/7/2023 22:15

What are the KSZ "experts" going to do now?