Kavango Resources Share Discussion Threads

[palace pete] 22/7/2020 14:55

I have 3 shares with huge potential I believe this one could be the biggie

[philjeans] 22/7/2020 13:49

Huge potential here.

Added.

[skiboy10] 21/7/2020 16:30

VNS
@VNS_Global
· 5h
#KAV To understand the potential of some resource finds you need a comparison.

@KavangoRes Mike Moles talks us through how Kavango think they have something similar to the "LARGEST MINE IN THE WORLD" the Norilsk Mine in Russia.

The market is looking, 20+% up this month

[shearluc] 20/7/2020 10:53

I've just bought in....found this share while researching laterally from Power Metals....looks promising. Management have decent track record, "Skin in the Game" and exploring in the right areas.....High risk / High reward ....I hope!

[bungeetrader] 20/7/2020 10:51

Not a clue myself but I cannot buy any more than 12,500 shares online so very little available.

[d220] 20/7/2020 10:33

A lot more trades than normal so far this morning. Can't see how they are anything to do with the Converted Loan Notes though. Any ideas? Those shares are not admitted until 30th July and anyway, the trades seem to be buys so can't be forward selling.

[skiboy10] 17/7/2020 11:31

KAV & POW

LSE:KAV & LSE:POW

SP Angel . Morning View .

Power Metals Resources* (POW LN) – 0.6p, Mkt cap £3m – Power Metals converts loan into 4.75m shares in Kavango Resources

Kavango Resources (KAV LN) 1.44p, Mkt cap £2.7m

Power Metals has converted its £38,000 loan in Kavango into 4.75m new shares in Kavango

The loan was part of its acquisition for a 51% interest in the Ditau Camp project which was wholly held by Kavango in Botswana

Power Metals is subscribing for a further 4.75m warrants with an exercise price of 01p with a three-year term.

Kavango Resources shares are at 1.44p today with a market cap of £2.7m

Kavango is led by Mike Foster and Mike Moles.

Foster is ex Reunion Mining, ZincOx, Copperbelt Minerals and Casa Minerals.

Moles is ex Delta Gold, Reunion Mining, Lonmin and Riversdale

The team are using the latest geophysical techniques to search for large-scale Bushveld-Igneous intrusion type deposits under the Kalahari Sand in Botswana.

They have amassed sizeable licenses along the Kalahari Suture Zone ‘KSZ’ and are working with Mira Geoscience to analyse data covering 2,238km2 of the northern section of the KSZ to develop a model capable of identifying the most promising targets for follow-up using high powered, low frequency ground EM surveys to identify mineralisation prior to drilling.

Conclusion: Paul Johnson has a nose for good geology and the potential for discovery in Botswana. His investment in Kavango may well prove to be a wise one.

[skiboy10] 17/7/2020 07:39

From the POW RNS

CHIEF EXECUTIVE OFFICER STATEMENT

Paul Johnson, Chief Executive Officer of Power Metal Resources commented: "The share price of Kavango has moved up a little since the April 2020 transaction which is positive, however we remain of the view that the market has yet to fully appreciate the size and potential of their projects in Botswana, which is a superb jurisdiction for resource exploration juniors.

We will continue to watch the wider Kavango story unfold whilst working on Ditau Camp project due diligence."

[skiboy10] 17/7/2020 07:38

PRESS RELEASE

17 July 2020

KAVANGO RESOURCES PLC

("Kavango" or "the Company")

Conversion of Power Metals Convertible Loan Note

Kavango Resources plc (LSE:KAV), the exploration company targeting the discovery of world-class mineral deposits in Botswana, is pleased to announce that Power Metals Plc (LSE:POW) ("Power Metals") has exercised its right to convert its entire GBP38,000 convertible loan ("CLN") in the Company into shares.

Further to the announcement on 15 April 2020, Kavango issued a GBP38,000 CLN to Power Metals (the "POW CLN"), as part of the GBP468,487 financing (the "Financing") and in conjunction with Power Metals' conditional acquisition of a 51% stake in the Company's Ditau exploration project in Botswana.

Under the terms of the Financing, Power Metals could convert the POW CLN into 4,750,000 shares in Kavango (the "Conversion Shares"), on issue of a written conversion notice (the "Conversion Notice"). Kavango also agreed that on conversion of the POW CLN it would issue 4,750,000 warrants in the Company to Power Metals, with an exercise price of 1p per share and a 3-year exercise period from 21 April 2020 (the "POW Warrants").

Following Power Metals' exercise of its conversion rights, the Company has now issued the Conversion Shares and POW Warrants to Power Metals.

Ditau Due Diligence

Kavango continues to work with Power Metals and its technical team in relation to the conditional acquisition of a 51% ownership interest in the Ditau Project.

Further updates will be provided in due course.

Application for admission

The Conversion Shares will rank pari passu in all respects with the existing Ordinary Shares. Application will be made for the 4,750,000 Conversion Shares to be admitted to trading on the Standard List segment of the main market of the London Stock Exchange ("Admission"). It is expected that Admission will become effective and that dealings in the Conversion Shares will commence at 8.00am on, or about, 31 July2020.

Total Voting Rights

Following the issue of the Conversion Shares, the total issued share capital of the Company will consist of 192,955,709 Ordinary Shares. Therefore, the total number of voting rights in the Company is 192,955,709 and this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest, in the share capital of the Company.

Further information in respect of the Company and its business interests is provided on the Company's website at www.kavangoresources.com and on Twitter at #KAV.

For further information please contact:

Kavango Resources plc

Michael Foster

[e-mail]

SI Capital Limited (Broker)

[phone]

Nick Emerson

Note to Editors:

Economic Potential of Carbonatites

The Ditau Project contains 10 carbonatites, otherwise known as 'ring structures'.

Until recently carbonatites were regarded as unusual and academically interesting geological bodies but significant interest was only generated once the demand for REEs was established (in the last few years). Hitherto many carbonatites were mined for their phosphate content (fertilizer), or for economic deposits of Niobium, Strontium, Uranium, Thorium, Magnetite, Barium and Vermiculite. One of the world's most productive carbonatites, Palabora, has been in production continuously since 1953 and is South Africa's principal source of copper. About one out of nine carbonatites world-wide have been mined commercially (Simandi & Paradis 2018).

Both the market and production of REE's is dominated by China who are also leading the research into the technological application of these metals. Western countries have recently become alarmed about the strategic advantage that China now exerts over REE technology such that new deposits of these elements are in high demand.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

[skiboy10] 17/7/2020 07:38

PRESS RELEASE

17 July 2020

KAVANGO RESOURCES PLC

("Kavango" or "the Company")

Conversion of Power Metals Convertible Loan Note

Kavango Resources plc (LSE:KAV), the exploration company targeting the discovery of world-class mineral deposits in Botswana, is pleased to announce that Power Metals Plc (LSE:POW) ("Power Metals") has exercised its right to convert its entire GBP38,000 convertible loan ("CLN") in the Company into shares.

Further to the announcement on 15 April 2020, Kavango issued a GBP38,000 CLN to Power Metals (the "POW CLN"), as part of the GBP468,487 financing (the "Financing") and in conjunction with Power Metals' conditional acquisition of a 51% stake in the Company's Ditau exploration project in Botswana.

Under the terms of the Financing, Power Metals could convert the POW CLN into 4,750,000 shares in Kavango (the "Conversion Shares"), on issue of a written conversion notice (the "Conversion Notice"). Kavango also agreed that on conversion of the POW CLN it would issue 4,750,000 warrants in the Company to Power Metals, with an exercise price of 1p per share and a 3-year exercise period from 21 April 2020 (the "POW Warrants").

Following Power Metals' exercise of its conversion rights, the Company has now issued the Conversion Shares and POW Warrants to Power Metals.

Ditau Due Diligence

Kavango continues to work with Power Metals and its technical team in relation to the conditional acquisition of a 51% ownership interest in the Ditau Project.

Further updates will be provided in due course.

Application for admission

The Conversion Shares will rank pari passu in all respects with the existing Ordinary Shares. Application will be made for the 4,750,000 Conversion Shares to be admitted to trading on the Standard List segment of the main market of the London Stock Exchange ("Admission"). It is expected that Admission will become effective and that dealings in the Conversion Shares will commence at 8.00am on, or about, 31 July2020.

Total Voting Rights

Following the issue of the Conversion Shares, the total issued share capital of the Company will consist of 192,955,709 Ordinary Shares. Therefore, the total number of voting rights in the Company is 192,955,709 and this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest, in the share capital of the Company.

Further information in respect of the Company and its business interests is provided on the Company's website at www.kavangoresources.com and on Twitter at #KAV.

For further information please contact:

Kavango Resources plc

Michael Foster

[e-mail]

SI Capital Limited (Broker)

[phone]

Nick Emerson

Note to Editors:

Economic Potential of Carbonatites

The Ditau Project contains 10 carbonatites, otherwise known as 'ring structures'.

Until recently carbonatites were regarded as unusual and academically interesting geological bodies but significant interest was only generated once the demand for REEs was established (in the last few years). Hitherto many carbonatites were mined for their phosphate content (fertilizer), or for economic deposits of Niobium, Strontium, Uranium, Thorium, Magnetite, Barium and Vermiculite. One of the world's most productive carbonatites, Palabora, has been in production continuously since 1953 and is South Africa's principal source of copper. About one out of nine carbonatites world-wide have been mined commercially (Simandi & Paradis 2018).

Both the market and production of REE's is dominated by China who are also leading the research into the technological application of these metals. Western countries have recently become alarmed about the strategic advantage that China now exerts over REE technology such that new deposits of these elements are in high demand.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

[skiboy10] 16/7/2020 18:24

Three blue days in a row.

[skiboy10] 16/7/2020 17:57

Yes proof of concept as Mike M says and yes a JV on the northern section of the KSZ is the plan initially I believe. The KSZ is so mega in size as you know that the other sections will have to wait a little while longer.

[gasmanmick] 15/7/2020 08:18

A JV based on modelling alone would mean selling out on cheap.KAV have to drill targets and only need to find a sniff to add value here with majors watching closely.
PS large section of licence still hasn’t even been surveyed so I wouldn’t expect that area to be part of a JV

[skiboy10] 14/7/2020 21:35

I'm wondering if the information and modelling that will be provided by Mira Geoscience will be enough for a JV on the KSZ or more drilling first?

[skiboy10] 14/7/2020 21:34

From Mike's recent interview

"I think what we have done in the two years that we've been listed is tremendous. I think a huge amount of work has been done and we've achieved a lot. We all want to make money out of it and and what's good for us is good for our shareholders. The end game of course is to make us all rich. That's what it's all about. We recognise that you have to go through a little bit of pain on the way up if you are going to be successful and I think we're all prepared to tighten our belts until we get to a point where we can start making money. I think as as far as how do we make money out we are not particularly interested in mining these things. I think that what we would like to do is to joint venture, particularly with the Kalahari Suture Zone. It's an enormous project and I don't think we are going to be able to do that ourselves. So we'll need to find a partner and as soon as we can demonstrate that our theories are correct we will sell out or do a joint venture. There will be some sort of exit that we'll be looking towards."

[d220] 14/7/2020 18:51

And right on cue, a few lttle nibbles today and it moves up a bit! Come on guys, let's have something to push this on :-)

[skiboy10] 14/7/2020 13:17

It’s been a month since KAV signed with Mira Geoscience and Mike said the work would take four weeks give or take.

From the RNS

Michael Foster, Chief Executive Officer of Kavango Resources, commented:

"Over the last six months, Kavango has compiled a great deal of historical and current information from drill-hole logs and geophysical surveys to produce a comprehensive data-base. This will assist Mira Geoscience in the development of a computerised 3D Model of the northern section of the KSZ.

The Model will be designed to identify trap zones within which metal sulphide accumulations may have developed. This modelling is "state of the art" exploration and we are optimistic that it will lead to a mineral discovery in the near future."

[skiboy10] 07/7/2020 16:11

VNS
@VNS_Global
·
1h
#KAV Get to know the man behind @KavangoRes
non-executive director Mike Moles.

Mike talks about starting out as a teacher, moving to geology and the big deals he has been part of.

Can he do the same for #KAV

Up 6+% on the day. Worth a look
👀

[palace pete] 07/7/2020 12:45

As always good concise presentation to listen to. Hopefully the wheels will start moving again soon.

[burtond1] 07/7/2020 08:42

So, @KavangoRes is picking up what the Canadians left behind-the potential for company making base and precious metals discoveries in Botswana......Here, #KAV co-founder Mike Moles discusses with @copytaster their three highly prospective projects.https://total-market-solutions.com/2020/07/07/kavango-sees-riches-under-the-kalahari/

[skiboy10] 03/7/2020 14:23

In the interview from three weeks or so ago Mike said that it would be about 4 weeks give or take depending on how busy Mira Geoscience are currently. I would think news on this coming soon.