Kavango Resources Share Discussion Threads

[robertjbeck] 15/4/2020 08:31

Dropped nearly 12% on a single small size trade. Says it all really.

[paleje] 15/4/2020 08:09

Careful here. POW is run by Louis Coetzee a serial underperformer, I have met him and talked with him in the past, finger in too many pies lots of dissatisfied shareholders across them.

[gasmanmick] 12/4/2020 13:52

Aggree it’s the least they could do for investors who are still here

[d220] 12/4/2020 10:16

Gone into hibernation here? Very few trades, no posts, no activity.
Would be nice to get a company update on what effect Covid 19 is having on operations/plans. Would also like to know the cash position too.....

[peace_n_blessings] 01/4/2020 08:55

Anyone know what's happening at KAV? Has coronavirus had any impact on their operations?

[riley9] 27/3/2020 07:36

That's only 10 grands worth, plenty of pi's able to afford that even as a punt.

[gasmanmick] 25/3/2020 20:23

Someone bought almost a million shares what’s occurring

[skiboy10] 17/3/2020 17:14

Still here as well.

[jone06] 17/3/2020 09:15

Still here, given the market cap I can't see this going any lower......unless.......

[thelung] 16/3/2020 23:20

Still here. No point releasing any news in the current climate. Can see this at less than 0.5p soon

[gasmanmick] 16/3/2020 23:08

Anyone out there or am I only one still holding these shares
Company need to post some news regardless

[gasmanmick] 10/3/2020 10:31

Any news ?
Must have done new downhole surveys by now.

[paleje] 28/2/2020 15:45

Skiboy, why not stop posting on the other thread and let it fade into disuse because people incl me and especially newcomers usually go for the one on top without looking if its the most used so they don't get the full gist.

Confusing running 2 threads. Just a thought.

[skiboy10] 28/2/2020 14:23

10:37 Fri 28 Feb 2020

Kavango Resources: New copper project 'a highly encouraging move'

Mining Capital's Alastair Ford discusses a new addition to the Kavango Resources PLC (LON:KAV) portfolio: a joint venture on two copper exploration licences just a few kilometres away from the ground worked up by MOD, Metal Tiger (LON:MTR) and Sandfire (ASX:SFR).

''To see Kavango developing a new copper project I think that's going to create a certain amount of interest in a market that, on occasion, has wondered what the potential of the Kalahari Suture Zone is ... and the answer to that is it could be extremely large''.

[skiboy10] 28/2/2020 14:21

10:37 Fri 28 Feb 2020

Kavango Resources: New copper project 'a highly encouraging move'

Mining Capital's Alastair Ford discusses a new addition to the Kavango Resources PLC (LON:KAV) portfolio: a joint venture on two copper exploration licences just a few kilometres away from the ground worked up by MOD, Metal Tiger (LON:MTR) and Sandfire (ASX:SFR).

''To see Kavango developing a new copper project I think that's going to create a certain amount of interest in a market that, on occasion, has wondered what the potential of the Kalahari Suture Zone is ... and the answer to that is it could be extremely large''.

[gasmanmick] 28/2/2020 11:58

Kav have been careful not to spend too much
they know they are a small company and I think it would be stupid to pass on these coppper plays which are disappearing fast.
Kav believe they can find something make money out of it and invest it in KSZ.
The KSZ is high risk high reward and did we really think three or even ten holes would be enough the area is huge.
The market is going to be tough until Trump gets back in then will settle down.
I’m staying invested not selling one share.

[paleje] 28/2/2020 10:42

"But provided we can keep funding....."

“We don’t want people to think we’ve moved onto another project,”

Well they wouldn't would they. But if KSZ becomes a needle in a haystack funding could dry up especially in the current climate which none of us knows how long will last. They need some help.

[skiboy10] 27/2/2020 14:39

Kavango’s new foray into the Kalahari copper belt won’t distract it from upside at KSZ

There is huge upside on both of Kavango's main exploration projects
Kavango Resources PLC -

It’s an exciting addition to the Kavango Resources PLC (LON:KAV) portfolio: a joint venture on two copper exploration licences just a few kilometres away from the ground famously worked up by MOD, Metal Tiger (LON:MTR) and Sandfire (ASX:SFR).

The formal joint venture was signed in mid-February following an initial memorandum of understanding that was agreed in September of 2019. But it’s not likely to end there.

“We’re in the process of putting together quite a substantial land package in that area,” says Kavango’s chief executive Mike Foster.

“We have plans to extend our ground holding further.”

Partly that’s because of the huge prospectivity of the areas Kavango is targeting, but it’s also because of the positive reception the move has got in the market.

After all, investors are only too cognizant of the turn Metal Tiger was able to make on its investment in the nearby T3 project, which was eventually taken wholly-in house by MOD before MOD in turn was acquired by Sandfire.

The area is, says Foster, “one of the world’s most promising under-explored copper provinces

So, this is familiar territory for investors, and in the weeks after the MoU was first signed Kavango’s shares almost doubled, although they have since fallen back.

An exploration programme, which will get underway, should provide further interesting newsflow and may yet stimulate the market further.

In the meantime though, Foster, and non-executive director Mike Moles, are both keen to emphasise that the company’s original project – the one it was listed on – remains key.

“The new copper ground doesn’t necessarily take any of the pizazz away from the Kalahari Suture Zone,” says Foster.

Moles agrees.

“We don’t want people to think we’ve moved onto another project,” he says. “I think the motivation is to give investors a fall-back position. The Kalahari Suture Zone has high risk, and nobody else has got any results from there.”

But the thing about the KSZ is that allowing that it’s high risk, the potential reward is equally high. When Moles talks of comparisons he mentions Voisey’s Bay and Norilsk, two of the biggest polymetallic projects anywhere in the world.

“Most of the other big bodies of gabbro in similar situations as KSZ do have big deposits of massive sulphides in them,” he says.

“Indeed, there could be a large number of massive sulphides.”

The trick is to find them. To that end, Kavango has already undertaken an airborne geophysical survey which has penetrated down to depths of 400 metres, ground electromagnetics, and it has done some drilling.

“We are able to map,” says Moles. “We’re building up a picture.”

In a sense, he says, it’s a box ticking exercise. “You know what criteria you need for a project like Voisey’s Bay or Norilsk, you need to tock the right boxes, and so far we have. If we don’t find a massive sulphide on KSZ, then somebody else will in the future. But provided we can keep funding, we think we will.”

More magnetic survey work is planned, in particular the deployment of a bigger transmitter designed to produce a bigger current and allow the company to see past all the salted groundwater that’s previously interfered with the interpretation of data. And after that there should be more drilling.

At the same time, work on the copper ground will be beginning to gather momentum, so all told, it looks like there should be a healthy flow of news over the coming year. By the end of that process the company could look very different indeed.

[skiboy10] 27/2/2020 14:37

Kavango’s new foray into the Kalahari copper belt won’t distract it from upside at KSZ

There is huge upside on both of Kavango's main exploration projects
Kavango Resources PLC -

It’s an exciting addition to the Kavango Resources PLC (LON:KAV) portfolio: a joint venture on two copper exploration licences just a few kilometres away from the ground famously worked up by MOD, Metal Tiger (LON:MTR) and Sandfire (ASX:SFR).

The formal joint venture was signed in mid-February following an initial memorandum of understanding that was agreed in September of 2019. But it’s not likely to end there.

“We’re in the process of putting together quite a substantial land package in that area,” says Kavango’s chief executive Mike Foster.

“We have plans to extend our ground holding further.”

Partly that’s because of the huge prospectivity of the areas Kavango is targeting, but it’s also because of the positive reception the move has got in the market.

After all, investors are only too cognizant of the turn Metal Tiger was able to make on its investment in the nearby T3 project, which was eventually taken wholly-in house by MOD before MOD in turn was acquired by Sandfire.

The area is, says Foster, “one of the world’s most promising under-explored copper provinces

So, this is familiar territory for investors, and in the weeks after the MoU was first signed Kavango’s shares almost doubled, although they have since fallen back.

An exploration programme, which will get underway, should provide further interesting newsflow and may yet stimulate the market further.

In the meantime though, Foster, and non-executive director Mike Moles, are both keen to emphasise that the company’s original project – the one it was listed on – remains key.

“The new copper ground doesn’t necessarily take any of the pizazz away from the Kalahari Suture Zone,” says Foster.

Moles agrees.

“We don’t want people to think we’ve moved onto another project,” he says. “I think the motivation is to give investors a fall-back position. The Kalahari Suture Zone has high risk, and nobody else has got any results from there.”

But the thing about the KSZ is that allowing that it’s high risk, the potential reward is equally high. When Moles talks of comparisons he mentions Voisey’s Bay and Norilsk, two of the biggest polymetallic projects anywhere in the world.

“Most of the other big bodies of gabbro in similar situations as KSZ do have big deposits of massive sulphides in them,” he says.

“Indeed, there could be a large number of massive sulphides.”

The trick is to find them. To that end, Kavango has already undertaken an airborne geophysical survey which has penetrated down to depths of 400 metres, ground electromagnetics, and it has done some drilling.

“We are able to map,” says Moles. “We’re building up a picture.”

In a sense, he says, it’s a box ticking exercise. “You know what criteria you need for a project like Voisey’s Bay or Norilsk, you need to tock the right boxes, and so far we have. If we don’t find a massive sulphide on KSZ, then somebody else will in the future. But provided we can keep funding, we think we will.”

More magnetic survey work is planned, in particular the deployment of a bigger transmitter designed to produce a bigger current and allow the company to see past all the salted groundwater that’s previously interfered with the interpretation of data. And after that there should be more drilling.

At the same time, work on the copper ground will be beginning to gather momentum, so all told, it looks like there should be a healthy flow of news over the coming year. By the end of that process the company could look very different indeed.