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KAV Kavango Resources Plc

1.35
-0.15 (-10.00%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Kavango Resources Plc LSE:KAV London Ordinary Share GB00BF0VMV24 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.15 -10.00% 1.35 1.30 1.40 1.50 1.35 1.50 3,096,075 09:36:19
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Copper Ores 0 -3.29M -0.0039 -3.46 11.42M
Kavango Resources Plc is listed in the Copper Ores sector of the London Stock Exchange with ticker KAV. The last closing price for Kavango Resources was 1.50p. Over the last year, Kavango Resources shares have traded in a share price range of 0.525p to 1.65p.

Kavango Resources currently has 845,569,314 shares in issue. The market capitalisation of Kavango Resources is £11.42 million. Kavango Resources has a price to earnings ratio (PE ratio) of -3.46.

Kavango Resources Share Discussion Threads

Showing 5001 to 5022 of 5825 messages
Chat Pages: Latest  209  208  207  206  205  204  203  202  201  200  199  198  Older
DateSubjectAuthorDiscuss
11/7/2022
11:15
More ifs and maybes. Wake me up if we ever find something interesting.
At least there was no Turney spin today.

soulsauce
11/7/2022
11:05
SP Angel broker note...


Kavango Resources (KAV LN) 1.925p, Mkt cap £8.4m – Acquisition of 50% of Kanye Resources

Kavango reported on Friday that it agreed terms with Power Metal Resources* to acquire Power's 50% of the Kanye Resources Joint Venture.

Kavango now own a 100% interest in Kanye.

Project: Kanye Resources owns two considerable land packages in Botswana, the Kalahari Copper Belt project covering 4,257km2 and the Ditau Camp project covering 1,386km2.

Ditau: Kanye reports that four diamond drillholes have been successfully completed cross three targets (i1, i8 and i10) for a total of 1,623m.

In parallel with drilling, additional Controlled Source Audio Magneto Telluric (CSAMT) geophysical surveys and modelling were carried out over the i1, i8 and i10 targets – used successfully in the past to provide high quality sub-surface imagery.

Kanye is now awaiting assay results from the four drillholes at Ditau, with samples currently in transit to the lab.

KCB: Soil sampling continues at Kanye’s licenses on the Kalahari Copper Belt, with a total of 3,478 soil samples collected from a total of approximately 5,750 soil samples planned across the KCB JV licences.

Kanye continues to delineate targets for an RC drill programme on the KCB planned for later in 2022.

Terms: Kavango will issue to Power Metal 60m shares at a price of 3p per share.
Kavango will issue to Power 30m warrants at 4.25p for 30 months and 30m at 5.5p for 30 months.

Power Metal will also receive 15m variable price warrants with a six-month life to expiry, with a minimum exercise price of 3p and an actual exercise price at a 15% discount to the volume-weighted average share price on the date of exercise.

In a separate announcement this morning, Kavango reports progress at its Kalahari Suture Zone project, identifying three EM conductors for follow up testing.

The three targets exhibit strong conductance readings, that the company comments could conform to an idealised Ni-Cu-PGE orebody model.

Kavango will now delineate the targets further to define drill targets in due course.

Conclusion: Kavango taking whole ownership of Kanye allows them to progress the KCB project and Ditau, taking the company’s land package to nearly 16,000km2 in Botswana. Kavango also have also gained a strategic investor in Power Metal on their register, while the deal allows Power to focus on its other exploration projects.

*SP Angel acts as nomad and broker to Power Metal

kdickson
11/7/2022
09:06
Let's hope this is the start of a long successful campaign.
palace pete
11/7/2022
07:12
RNS out. Looking good.
sabine4
10/7/2022
20:42
Ditched all mine in those 2 Kav main one a few pow. Good few Nio.
palace pete
10/7/2022
15:47
Only a small holding Pete but if significant discoveries are made then it would still be well worth it. Main holdings are TomCo and PET.
kdickson
10/7/2022
11:43
Didn't realise you were in Kav Ken.
palace pete
09/7/2022
10:57
Power Metal Resources* (POW LN) 0.875p, Mkt Cap £13m – Progress at Ditau and KCB projects

Kavango Resources (KAV LN) 1.775p, Mkt cap £7.7m

(Ditau and KCB are held within Kanye Resources, a 50/50 joint venture between Power Metal and Kavango, with Kavango being the operator of the project)

Ditau: Kanye reports that four diamond drillholes have been successfully completed cross three targets (i1, i8 and i10) for a total of 1,623m.

Kanye notes that all of the holes have been logged, with a wide range of geological units logged including sediments, intrusive bodies distinctive veining and alteration.

In parallel with drilling, additional Controlled Source Audio Magneto Telluric (CSAMT) geophysical surveys and modelling were carried out over the i1, i8 and i10 targets – used successfully in the past to provide high quality sub-surface imagery.

Kanye is now awaiting assay results from the four drillholes at Ditau, with samples currently in transit to the lab.

KCB: Soil sampling continues at Kanye’s licenses on the Kalahari Copper Belt, with a total of 3,478 soil samples collected from a total of approximately 5,750 soil samples planned across the KCB JV licences.

Kanye has successfully identified the Ngwako Pan - D'kar Formation contact across multiple KCB licences, which is a crucial structural control for copper/silver mineralisation within the broader Kalahari Copper Belt.

Kanye continues to delineate targets for an RC drill programme on the KCB planned for later in 2022.

*SP Angel acts as nomad and broker to Power Metal

kdickson
09/7/2022
09:04
Don't regard these developments as a great move. More risk, more capital requirements for KAV. Positive is 100% of kcb so let's hope that actually hits.
blind_fortune
08/7/2022
10:42
Kanye buy-out from POW in shares, warrants, NSR, etc. I guess POW have different views on future progress. TBH it will take me a while to understand this one!
jone06
08/7/2022
10:42
Thanks for letting us know Ben
jp2011
08/7/2022
10:17
KSZ news coming
jambam
08/7/2022
10:01
Well there is the update, basically we are getting on with the work programme and if we have found anything then we will let you know when we have an assay report.
jone06
06/7/2022
15:33
We must be due an update soon on the latest drill at the Ditau project? Any thoughts as it's all gone very quiet here.
hawki4
01/7/2022
07:49
I'm thinking Ditau is going to surprise a few very much to the upside.
flashheart
30/6/2022
21:29
SP looks incredibly cheap

How long before they return to the KSZ?
Still fair to assume KSZ is the big value generator or will Ditau be the gem in the crown?

danmart2
29/6/2022
10:36
Sp still being manipulated despite people saying different from 7 to 2.1 absolute disgrace yet it goes on all over every market How pi's ever win is beyond me.30 years of being in stocks and it seems more prevalent than ever Rant over.
palace pete
21/6/2022
11:48
On Stockbox premier later.
soulsauce
15/6/2022
16:36
Looks like something's cooking at Ditau.
skiboy10
15/6/2022
16:28
SP Angel Morning View

Power Metal Resources* (POW LN) 1.1p, Mkt Cap £16m – Drilling continues at Ditau

Kavango Resources (KAV LN) 2.35p, Mkt cap £10m

(Ditau is held within Kanye Resources, a 50/50 joint venture between Power Metal and Kavango, with Kavango being the operator of the project)

Kanye reports that the third diamond drill hole of the programme, drill hole DITDD005 on the i1 Target is now complete, and the drill rig has relocated to the i8 target, where drilling has now commenced on hole DITDD006.

Drilling hole DITDD006 follows a Controlled Source Audio-Magnetotelluric (CSAMT) ground geophysical survey and survey data inversion modelling at the target.
The i8 target was subject to a 5.5-line km CSAMT survey which Kanye believes highlighted a ~4km diameter ring structure.

Drillhole DITDD006 is targeting the ring of the magnetic geophysics high, where it is coincident with resistivity geophysics high features, near the edge of the i8 Target.

Kanye comments: “These geophysical signatures appear disturbed in dip and vertical position and are interpreted to relate to an intrusive body. These signatures are significantly different to those seen in the CSAMT survey for the i10 and i1 Targets”

At the completed hole DITDD005, a final depth of 343.90m was recorded and intersections of extensive conglomerate with a measurable magnetic mineral content were observed.

Drillhole DITDD004 is currently being evaluated, with Kanye confirming that extensive high magnetic mineral content material was intersected, with samples sent off for assay.

*SP Angel acts as nomad and broker to Power Metal

skiboy10
15/6/2022
16:27
Kavango Resources - Ditau Drilling & AMT Update
skiboy10
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