Kavango Resources Share Discussion Threads

[fqr714bhp] 19/11/2019 10:54

We have 5 days left for the end of the 4 weeks 1st drill update.

He said news will take 3-4 weeks i make that by 24th November.

Come on guys gives us an update?

[thelung] 19/11/2019 10:12

mick, if you're referring to me then thanks for the constructive criticism. A spoonful of reality would go down well with your mid morning brew. I still hold 500k and half of that is a free ride.

[gasmanmick] 19/11/2019 09:55

Skiboy
Thank you for your reminder that all we need is a sniff to prove model not big find.
Also first hole results back up the model and two more to go.
Unfortunately some people posting load of rubbish here.

[thelung] 19/11/2019 07:43

As you already know Skiboy.....i'm glass half empty :-)

[skiboy10] 19/11/2019 00:09

Mike Moles last month.."We only need one sniff of massive sulphides in any of these holes that we are planning to drill and I think we are away because it would justify our model and I think we would immediately have a lot of other bigger companies interested in coming in with us. In fact we have been approached by a number of big companies who said 'first intersection give us a call'. A lot hangs on this and we if get an intersection or two that is all we really need then we're away"

[skiboy10] 18/11/2019 14:45

Looks like noise to me. 394k buys first thing then 394k sells sold for a loss? Seems crazy but it happens. Then only a 50k sell and the larger buy later on. Plus that’s only £10K so whilst not tiny for this stock nothing to get too excited about.

[thelung] 18/11/2019 11:39

Looks like the same insider is exiting?

[bungeetrader] 18/11/2019 10:20

2x 150k trades plus a 94k trade, followed by a 50k sell then a 300k sell and a 94k sell???
Obviously they are linked in some way (except maybe the 50k) but all a bit strange.....

[fqr714bhp] 18/11/2019 09:43

In English there is a saying, " There is never smoke with out fire. "

[fqr714bhp] 18/11/2019 09:34

A share price does not jump 14% on 3 little buys???? not even this share.

The share price is never wrong.

News in the next 3 days, IMHO.

Are the bookies ever wrong with the share price ( Starting Price ) NO.

[bpw03] 18/11/2019 09:19

Mate this share price has been up and down, fluctuation like this between 2p and 3p for months now. Just wait for news to come through. Sooooo much guess work on this thread.... mannnnn!

[fqr714bhp] 18/11/2019 08:24

UP 14% today, news leaked????

RNS out within 3 days.

Looks like great news coming up, the share price is never wrong.

GLA

[edjge2] 15/11/2019 08:48

Yep likely diamond drilling the harder stuff on hole1 after delays. Patience. Special offer on if not fully loaded.

[thelung] 14/11/2019 16:04

Fingers crossed.

[skiboy10] 14/11/2019 15:30

TheLung - I don’t know which hole they are on presumably still the first? It is all a bit confusing I know but due to the delays at the start with the drillers getting equipment to the drill site plus the very hot weather progress has been slower than originally anticipated. Anyway at least they are now drilling away on the KSZ and will hopefully find those massive sulphides!

[fqr714bhp] 14/11/2019 15:18

He said 3-4 weeks for the results from the 1st drill to be made public.

That is 3-4 weeks from the 28th October 2019

That makes it between 18th-24th November 2019

[thelung] 14/11/2019 15:03

My sale at 3.09 didn’t cause the price drop. Still got a chunk left and won’t be buying more for the time being. Do you know which hole they're on?

[skiboy10] 14/11/2019 14:50

So you sold a bunch over the last week which helped the price drop now you blame that on insiders and presumably you’re hoping to get a bunch more at 1.8p now?

[skiboy10] 14/11/2019 13:04

Peter Anderton is one of the Riversdale Mining guys that were listed on the ASX and taken over by Rio for $4 billion in 2011

[skiboy10] 14/11/2019 12:56

Thelung - I think that’s over the top. For a start volumes are low. More likely T20 selling IMO and even then the fall is overdone for the volume. Also how do you know what hole the company are on? All we know is that the drilling is going well as per CEO Michael Foster's tweet but due to the delays at the start PLUS THE VERY HOT WEATHER - it’s PRETTY EARLY days with the drilling.

[thelung] 14/11/2019 06:32

So one hole down and they're still hunting, hence the share price fall over the past few days. Insider selling just like Ditau assays.