Kavango Resources Share Discussion Threads

[palace pete] 30/10/2019 10:31

Still off radar of many me thinks.

[fqr714bhp] 30/10/2019 08:54

BID 2.55p can only sell 250000 at the moment.
Offer 2.9p can only buy 50000 at the moment.


A large buy of 100000+ will tick this up.

[fqr714bhp] 29/10/2019 16:16

All will be revealed before the 1st December 2019.

[cashandcard] 29/10/2019 15:17

FQR,


For sure, these are the kind of smallcap plays that create the most shareholder value when things go right and vice versa. Success and its multiples of current price. KAV have spent the Lions share of time and money, new surveying techniques with some the best equipment available, the AEM surveys, to go from 77 targets to the 3 best. There is always risk but I have to say they stand an excellent chance of intercepting a large sulphide system - and what they are going for is a big prize, nothing small or mediocre. In a success case they will have midcaps and majors scrambling to be involved.

Given the KAV marketcap is still a measly £4mln, they are still under the radar. But stand to skyrocket if any of the current 3 drills holes returns evidence of massive sulphides. Now is the time to get in while its quiet or top up for those oboard, one sniff and they will be off. We will find out in a couple of weeks as initial holes will start to deliver their results.



Cash

[fqr714bhp] 29/10/2019 13:24

SAV hit the jackpot in OMAN and in MOZAMBIQUE and in PORTUGAL.

3 lucky strikes.

Will KAV be as lucky, i do hope so for every one concerned.

GLA.

[cashandcard] 29/10/2019 13:13

Gasmanmick,I don't think they are going deeper 300-400m in any single drill hole. Therefore, deeper discoveries are useful guides as to the presence of mineralisation. But we need discoveries to be shallower than 500m.With the amount of surveying they have done, I reckon they can do it.Cash

[fqr714bhp] 29/10/2019 13:09

Yes in the 1990's and that was with " Micky Mouse " scanning equipment.

Today's scanning equipment is far more accurate and advanced in 2019.

LOL!

[gasmanmick] 29/10/2019 12:56

As I have said before mining companies found ni cu and pgm in KSZ in 1990s but at 700m and deeper but not economically viable at that time so its all there it’s just finding it at right depth

[fqr714bhp] 29/10/2019 12:50

CashandCard:

I could tell by his face in that interview that he knows they have hit the right place and the jackpot.

You can just tell by people's facial expressions and that was an expression of a happy man.

IMHO.

[fqr714bhp] 29/10/2019 12:46

A 230000 buy.

350000 and we have a tick up.

Like i said it won't take many buys to get this to tick up as there are very very few shares in issue.

[cashandcard] 29/10/2019 12:45

Skiboy,


Yes. I am very much hoping for the prognosis to come in as they expect. If just one of the 3 drills delivers positively, they will be made. Not long now before we get an initial idea as to what years of careful work and surveying reveal about KSZ. And yes, there isn't much in the way of middle ground here, they either come up bare or they intersect the sulphides as expected.


Cash

[skiboy10] 29/10/2019 12:04

That’s true. It’s also worth remembering that are looking for a world class deposit and are not scratching around the edges of an existing find. The risk reward is definitely there.

[fqr714bhp] 29/10/2019 12:03

The great thing with this company is that they have very few shares in issue compared to other mining co's out there.

Any great news and the share price will rise fast.
Any bad news and the share price will fall quickly.

[skiboy10] 29/10/2019 11:58

I would guess start at 50M then go from there

[skiboy10] 29/10/2019 11:56

I agree if they find nothing the share price will fall but If they hit massive sulphide I think the market cap will be a lot higher than 10 - 12m

[fqr714bhp] 29/10/2019 11:50

If they hit the jackpot then we can expect the share price to rise @ 100%-200%

IMHO.

[skiboy10] 29/10/2019 11:47

And every time they hit mineralisation the share price will increase @ xxx%?

[fqr714bhp] 29/10/2019 11:34

Bought a few more today.

I think they have enough money for 3 drills?

Every time there is a duster, the share price will fall @ 30%

IMHO.

[skiboy10] 29/10/2019 11:30

That’s right, The big boys always expect the likes of MM to find what they want and then they do not begrudge paying up for it!

[fqr714bhp] 29/10/2019 11:30

Do you know how big that region is??

The big boys can not be drilling in every place on the planet, LOL!

There are many small mining co's drilling all over the place and the once who strike it big will then have the big boys move in.

Look at SAV in Mozambique, they hit big time there and RIO TINTO moved in with partnership.

Simple.

Hope that helps.

[palace pete] 29/10/2019 11:13

Your opinion I just have one thought that maybe s10 can answer.Why didn't the big boys know about this? I know MM has a good track record in these things.

[palace pete] 29/10/2019 10:51

Sounds like it good be a great Christmas for holders.Fingers crossed