Buy
Sell
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
  0.00 0.0% 2.85 2.80 2.90 3.00 2.85 2.85 1,759,231 16:00:51
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Aerospace & Defence 0.0 -1.5 -0.9 - 5

Kavango Resources Share Discussion Threads

Showing 1876 to 1899 of 2225 messages
Chat Pages: Latest  77  76  75  74  73  72  71  70  69  68  67  66  Older
DateSubjectAuthorDiscuss
21/9/2020
06:58
A very inventive management team here
2prsimo
21/9/2020
06:55
#POW @PowerMetRes & #KAV @KavangoRes launch new 50/50 JV co: ~4x licences & 2,680 km2 base & strategic metal interests ~Will float on major exchange in 2021.."potential to deliver considerable discoveries" https://twitter.com/brand_uk/status/1307933068431437824?s=21
skiboy10
21/9/2020
06:46
That is quite a comment about the KSZ 😉👍
soulsauce
21/9/2020
06:43
They also plan to list the new JV next year which will be interesting.
skiboy10
21/9/2020
06:41
Good news and makes sense. Allows the company to commit more time to the KSZ while furthering the other parts of the portfolio.
soulsauce
21/9/2020
06:40
This new JV makes sense to push the other two projects ahead whilst KAV can focus mainly on the KSZ. “In parallel to this, Kavango has made significant progress over the summer developing its project on the KSZ. The Company is in the final stages of analysis work on the northern (Hukuntsi) section of the KSZ. Given the likely number and scale of these "Norilsk style" targets, Kavango is readying itself to prepare for a drill campaign to test the large regional structures it has identified on the KSZ. With such a large planned operational commitment, the board of Kavango felt the Company would benefit from introducing a new development partner to two licences on the KCB, and at Ditau. Each of these projects holds significant potential for discovery of substantial mineral deposits. Power Metals is an ambitious exploration company that has assembled a portfolio of global exploration interests. It is the ideal partner to work with Kavango's technical team.”
skiboy10
21/9/2020
06:18
PRESS RELEASE 21 September 2020 KAVANGO RESOURCES PLC ("Kavango" or "the Company") Botswana Strategic Joint Venture with Power Metals Kavango Resources plc (LSE:KAV), the exploration company targeting the discovery of world-class mineral deposits in Botswana, is pleased to announce the formation of a Strategic Joint Venture with Power Metal Resources Plc (LSE:POW) ("Power Metals"). The Strategic Joint Venture will see the formation of a new, jointly owned, privately held company that is focussed on large-scale mineral exploration projects in Botswana (the "Strategic Joint Venture"). The Strategic Joint Venture will enable Kavango to inject new liquidity into its wider project portfolio, accelerate its plans for more extensive field exploration of the Kalahari Copper Belt Project (KCB) and focus its resources on target evaluation, followed by drilling, in the northern (Hukuntsi) section of the Kalahari Suture Zone (KSZ). Highlights v Formation of new Botswana focussed exploration company - Jointly-owned and operated by Kavango and Power Metals - Privately held initially, with prospecting licenses covering 2,680km(2) of highly prospective land v Kavango to transfer to the Strategic Joint Venture: - Its two rare earths & copper prospecting licenses that cover the Ditau Project - Two wholly owned copper prospecting licenses PL036/2020 and PL037/2020 on the KCB v Power Metals to pay: - GBP75,000 cash to Kavango - The first $75,000 of exploration expenditure in the Strategic Joint Venture over two consecutive years (totalling $150,000, with additional exploration costs to be pro-rated thereafter) - Up to GBP10,000 to cover costs of incorporating the Strategic Joint Venture v Power Metals to issue: - 6,000,000 shares in Power Metals to Kavango at 1.25p per share - 5,000,000 warrants in Power Metals to Kavango, exercisable at 2p per share with a two-year life & 1 for 1 replacement warrants, exercisable at 5p per share over two years v Kavango to initiate immediately the next phases of field exploration on the two KCB licences and at Ditau v The Strategic Joint Venture will be incorporated to enable a future separate listing, expected to be on a Canadian or British stock exchange. Michael Foster, Chief Executive Officer of Kavango Resources, commented: "We are delighted to confirm our Strategic Joint Venture with Power Metals. Over the course of completing the due diligence for the sale of the interest in our Ditau Project it became clear there was a much greater opportunity for both parties. Thanks to our extensive experience of working in Botswana, Kavango has been able to secure large-scale exploration projects. Each of these holds a great deal of potential, but our primary focus has always been on the KSZ. Now that we have confirmed the Strategic Joint Venture with Power Metals, we can leverage the expertise and energy of the two companies to drive forward our current interests on the KCB. We expect this will lead to a significant acceleration of our exploration efforts across both areas and we look forward to reporting our progress." Background & rationale to the Strategic Joint Venture Further to the announcement on 15 April, when Kavango announced it had entered into a provisional agreement to sell a 51% interest in the Ditau Project to Power Metals, the Company has now entered into a much more comprehensive agreement. Power Metals' due diligence into Ditau was interrupted by the COVID-19 pandemic. However, over recent months it became increasingly clear to the directors of Kavango and Power Metals that there was a more advantageous opportunity for both companies than originally anticipated. Both sets of directors have extensive experience of operating mineral exploration projects in Botswana and the two companies felt they could leverage one another's expertise and energy to great effect. In parallel to this, Kavango has made significant progress over the summer developing its project on the KSZ. The Company is in the final stages of analysis work on the northern (Hukuntsi) section of the KSZ. Given the likely number and scale of these "Norilsk style" targets, Kavango is readying itself to prepare for a drill campaign to test the large regional structures it has identified on the KSZ. With such a large planned operational commitment, the board of Kavango felt the Company would benefit from introducing a new development partner to two licences on the KCB, and at Ditau. Each of these projects holds significant potential for discovery of substantial mineral deposits. Power Metals is an ambitious exploration company that has assembled a portfolio of global exploration interests. It is the ideal partner to work with Kavango's technical team. Kavango welcomes the opportunity to work closely with Power Metals to accelerate exploration across two KCB prospecting licenses and at Ditau. Terms of the Strategic Joint Venture Kavango and Power Metals will own the Strategic Joint Venture equally and will be joint operators. Kavango will transfer into the Strategic Joint Venture: - Its two prospecting licenses that make up the Ditau Project. These licenses cover 1,386km(2) of prospective land for rare earths and copper. The Company has identified 10 carbonatite-like 'ring structures' here that represent sizeable exploration targets. - Its two wholly owned prospecting licenses PL036/2020 and PL037/2020 on the KCB. These licenses cover 1,294km(2) and are highly prospective for copper/silver mineralisation. Power Metals will invest into the Strategic Joint Venture: - The first $75,000 of exploration expenditure over two consecutive years, totalling $150,000. - Up to GBP10,000 in set up costs, to cover the incorporation of the vehicle in line with local regulations and an appropriate holding company structure. Additional exploration expenditure incurred by the Strategic Joint Venture, beyond the initial investment from Power Metals, will be on a pro-rated, "fund or dilute" basis. To complete the transaction, Power Metals will: - Pay GBP75,000 to Kavango - Issue 6,000,000 shares in Power Metals to Kavango, at an issue price of 1.25p per share (the "Acquisition Warrants") - Issue 5,000,000 warrants in Power Metals to Kavango, exercisable over 2 years at an exercise price of 2p per share Should the Power Metals Volume Weighted Average Share Price ("VWAP") meet or exceed a price of 7.5p for five consecutive trading days, Kavango will then have 14 calendar days to exercise the Acquisition Warrants and make payment to Power Metal or the Acquisition Warrants will be cancelled. Should Kavango exercise the Acquisition Warrants within 12 months of issue, they will receive 1 for 1 replacement warrants to subscribe for Power Metal shares, exercisable over an additional two years at an exercise price of 5p per share (the "Super Warrants"). Should the Power Metal Volume Weighted Average Share Price ("VWAP") meet or exceed a price of 10.0p for five consecutive trading days Kavango will then have 14 calendar days to exercise the Super Warrants and make payment to Power Metal or the Super Warrants will be cancelled. Plan for the Strategic Joint Venture The vision for the Strategic Joint Venture is to create a Botswana-focussed minerals exploration company, which will ultimately seek a separate listing on either a Canadian or British stock exchange. The immediate aim for this new company will be to make rapid progress in the field, across its portfolio of large-scale exploration projects. The new company may also seek to acquire additional prospecting licenses, building on the good standing its directors have in Botswana Kavango will immediately initiate the next phases of field exploration at its KCB prospecting licenses and at Ditau. 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 mfoster@kavangoresources.com SI Capital Limited (Broker) +44 1483 413500 Nick Emerson Note to Editors: Kavango's 100% subsidiary in Botswana, Kavango Minerals (Pty) Ltd, is the holder of 12 prospecting licences covering 8,324.7km(2) of ground, including 10 licences over a significant portion of the 450km long KSZ magnetic anomaly in the southwest of the country along which Kavango is exploring for Copper-Nickel-PGM rich sulphide ore bodies. This large area, which is entirely covered by Cretaceous and post-Cretaceous Kalahari Sediments, has not previously been explored using modern techniques. The area covered by Kavango's KSZ licences displays a geological setting with distinct similarities to that hosting World Class magmatic sulphide deposits such as those at Norilsk (Siberia) and Voisey's Bay (Canada). The Norilsk mining centre is about 2,800km northeast of Moscow and accounts for 90% of Russia's nickel reserves, 55% of its copper and virtually all of its PGMs. Kavango's licenses in the KSZ display a geological setting with distinct geological similarities to the magmatic sulphide deposits at Norilsk. Magma plumbing systems are a key feature of these deposits. Kalahari Copper Belt (KCB) The KCB Project is located within an area of newly discovered sediment-hosted copper deposits, such as Cupric Canyon's Zone 5 deposit and MOD's T3 deposit, both of which are now being developed as mining operations. The KCB extends 1,000kms by 250kms from NE Botswana to central Namibia. Kavango has working interest in two separate Joint Ventures in the KCB. The first Joint Venture is with LVR GeoExplorers (Pty) Ltd ("LVR") and covers two PLs, PL082/2018 & PL 082/2018, which cover 1,091km(2) and are not part of the Strategic Joint Venture with Power Metals The LVR PLs are strategically located in this belt and therefore represent an attractive exploration target. PL 082/2018 lies 30km north of MOD Resources' T3 mine development and is completely surrounded by MOD/Metal Tiger/Sandfire PLs including their T5, T6, T9, T10, T14 and T15 targets. The PL lies astride the main Ghanzi - Maun tarred highway. PL 083/2018 is close to the Namibian border south of the Trans-Kalahari Highway and adjacent to a block of PL's held by Kopore Metals Limited. The second Joint Venture is with Power Metals and covers two PLs PL036/2020 and PL037/2020, which cover 1,294km(2) and lie in a prospective area immediately south of the District capital of Ghanzi: No modern exploration has been carried out on the area covered by these prospecting licenses. Ditau Ditau comprises of two prospecting licences (PLs), which cover an area of 1,386km(2) . Kavango originally identified a magnetic anomaly at the first of these two licenses, which the directors believed presented an attractive exploration target. In February 2019 the Company drilled two holes into the "original" Ditau magnetic anomaly (the "Ditau Camp Prospect"). Assay and whole rock geochemistry results from these two holes, released in early August, demonstrated the presence of an extensive zone of highly altered Karoo sediments sitting above a mafic intrusive body. The alteration extended to over 300m in depth in both holes, which were 1.8km apart. The geochemistry obtained from the drill core suggested that the alteration was due to "fenitization", a type of extensive alteration associated with alkali magmatism and carbonatites. Carbonatites are the major global source of Rare Earth Elements (REEs). Economic Potential of Carbonatites 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.
skiboy10
16/9/2020
12:22
Nasty little drop??? You’re new to Kav aren’t you :)))
bpw03
16/9/2020
11:47
nasty little drop in price, will keep an eye and may double up soon
the bull
16/9/2020
11:13
Whatever happens, I would prefer KAV do deals only for individual licenses or areas. Not the joblot of KSZ licenses. But hey ho, lets keep this quiet for a bit longer. Cash
cashandcard
16/9/2020
11:13
Duplicate! Cash
cashandcard
16/9/2020
11:05
Have you had a look at GLR (a colin bird company). They have zinc in zambia but have bought up in two separate deals land in the KCB in Botswana. Market cap about £6M and are doing the helicopter surveys now. Best to look at LSE boards for better info on them if interested.
the bull
16/9/2020
10:25
The low market cap makes this very attractive to Rio who are exploring nearby and have working history with management can see them coming in but hopefully not on cheap £20 to £30 million is small change for KSZ and I want 100 bagger
gasmanmick
16/9/2020
07:19
It's an unfolding story that gets better everytime we get news long may it continue.The word hasn't got out yet and when it does we hopefully will be well past this share price
palace pete
16/9/2020
06:58
same story here, stumbled across them and by the time I managed any research had missed a 40% rise, managed 250K but wanted them to slip back so I could add more. To add or not to add at these levels
the bull
15/9/2020
16:53
Purchased my first tranche of shares in this company today, surprised I hadn’t seen it before, only found it via an email I received; however having done a wee bit of research I think that perhaps this company has a GREAT future and may end up being bought out. As always, time will tell.
johnsoho
14/9/2020
14:42
The StockBox Media team were delighted to interview Mike Moles, Kavango Resources director about the recently released 3D modelling images for the Kalahari Suture Zone and the similarities to Norilsk https://twitter.com/StockBoxMedia/status/1304347054865604611
skiboy10
14/9/2020
14:39
19h #podcast @Alan__Green presents the investment case for: ~ @KavanagoRes #KAV ~ @ecrminerals #ECR on his weekly @StockBoxMediasearch talk @StockBoxMedia Alan Green Research Talk - ECR Minerals #ECR & Kavango Resources #KAV pscp.tv https://www.pscp.tv/StockBoxMedia/1nAJEAyoXVZJL?t=3m25s
skiboy10
14/9/2020
13:18
Just making the point that the drill bit is the only thing that matters, drilling news is what confirms for real the modelled theories of what lies beneath the sands:) Speculation can of course come in on other news, but the spectacular, 10 bagger type news and stock rocketing 1000% will only occur on good drill results, see every mining stock that ever found a world class deposit for confirmation, EVER. I like the stock, it is on my radar.
the count of monte_cristo
14/9/2020
11:18
Apologies re last post.....already on thread !!
fbrj
14/9/2020
11:15
hTTps://total-market-solutions.com/2020/09/10/kavango-resources-sept-2020/New (end of last week) interview with Mike Moles.Detailed discussion where they are re projects and next steps.Well worth a listen!Also, since this am rise I'm finally at b/e on the bid! :)
fbrj
14/9/2020
11:06
Nice and steady into next update.
palace pete
13/9/2020
12:32
Yes, count of monte Cristo is right, nothing going to happen for sometime guys, what a disaster. So better to sellup and move on if you cannot see what's on the horizon. I'll happily buy into the offload.Cash
cashandcard
13/9/2020
08:49
2021 is 105 days away. In mining terms, its now.
riley9
Chat Pages: Latest  77  76  75  74  73  72  71  70  69  68  67  66  Older
ADVFN Advertorial
Your Recent History
LSE
KAV
Kavango Re..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20201204 00:34:07