Kavango Resources Share Discussion Threads

[tonytony4] 21/1/2021 12:18

MMS rattling a few here IMO... they want your stock! Adding as and when I can.

[tonytony4] 20/1/2021 11:01

Nice 600k delayed buy! warrants must be finished by now..

[palace pete] 20/1/2021 10:46

Re pow I believe they will be used for the copper belt but not ksz if it comes in they'll either discuss with a biggie rio tinto as it will be too big for pow. imo.

[2prsimo] 19/1/2021 16:11

Some steady buying today - hopefully see the warrants washed through pretty quickly

[tonytony4] 19/1/2021 16:08

Power Metal Resources
One of them is Power Metal Resources (LSE:POW). The AIM-listed explorer has seen a game-changing share price surge in the last 12 months, all based on potential alone. If it is even moderately successful in discovering a source of NdPr, it’s current single-digit share price will be a long-forgotten memory. I’d put some pretty massive upside on today’s 3p price. It’s hard to say how much, precisely, but it’s a lot. I’m also particularly encouraged by the fact that CEO Paul Johnson has a significant personal stake in the company.

Let’s look at POW’s Ditau project in Botswana. Ditau is a 50-50 joint venture with POW’s fellow AIM-listed miner, the £8m market cap Kavango Resources (LSE:KAV).

One key point to note first of all is that Botswana is a stable and secure jurisdiction for PGM, nickel and copper mining, retains a good human rights record — as opposed to the likes of the DRC — has well-developed infrastructure, minimal corruption and remains one of the fastest growing economies in the world.

POW reported in January that the first stage of its orientation work at Ditau was now complete, focused on the first of 10 potential magnetic anomalies called I10. Miningmaven.com has a good in-depth investigation of the update here.

POW has two very large licenses covering an area of 1386km2. Its focus here is on so-called ‘ring structures’ that are thought to host carbonatite rocks. These are the principal underground source of rare earth elements.

An independent assessment of the geology at Ditau from April 2020 confirmed the presence of 10 key features which are also present in world-class PGM deposits at Norilsk in Siberia, the Thomson Nickel Belt in Canada and Jinchuan in China.

If POW finds even a fraction of what it thinks are world-class deposits to match Norilsk, this could be a total transformation for the £30 million market cap firm. Really. 10x from here would just be the start.

Assay results and processed geophysics from I10 are expected by early February 2021, and will shape the survey plans for the remaining nine ring structures. Further planned work at Ditau in Q1 and Q2 2021 includes extensive soil sampling, with the first low-cost exploratory drill campaign coming some time in Q3 2021.

[the count of monte_cristo] 19/1/2021 14:44

TheLung - my player.

[tonytony4] 19/1/2021 14:39

Looks like warrants still being cleared! or this would have been alot higher in my opinion..

[thelung] 19/1/2021 13:42

And thank you for the heads up on XTR (can't remember which board it was on)

[thelung] 19/1/2021 13:37

Sssshhhhhhhhh :-)

[the count of monte_cristo] 19/1/2021 13:34

Indeed, I picked up 10k's worth at 3.16p

[tonytony4] 19/1/2021 08:50

I’m sure profits from xtr will be heading over here soon.

[tonytony4] 18/1/2021 18:51

Well look what happened at XTR! Kav is next...

[tonytony4] 18/1/2021 18:05

Are they giving us hints to take positions!! Hopefully some institutional investors will be eyeing this!

Given the management’s experience in adding considerable value to resource projects
in previous ventures, and high likelihood of finding similar world class deposits to those
nearby and currently controlled by Cupric Canyon and Sandfire in the Kalahari Copper
Belt, investors may be wise to position themselves in the stock ahead of any potential
landmark discoveries being made in the coming year as the Group ramps up its
exploration activities. We believe there is a medium to high probability of KAV making
a major exploration discovery within the next 18 months that could attract not only the
attention of new investors, but also possible big player industry participants. To this
end, we recommend Kavango Resources as a ‘Buy’ with a price target guide
valuation of 5.2p per share, providing potential upside of 76% from the current price
of 2.95p.

[soulsauce] 18/1/2021 18:01

Thanks for posting Skiboy 👍

[tonytony4] 18/1/2021 15:38

Getting difficult to buy in size currently..

[tonytony4] 18/1/2021 15:19

That's based on current market, hopefully with news due this will be more likely near the double digits... Gla

[d220] 18/1/2021 14:58

5.2p? Is that all??? My target is MUCH higher :-)

[tonytony4] 18/1/2021 14:53

First equity set a target of 5.2p Buy!

h

[tonytony4] 18/1/2021 09:48

A few warrants to clear then hopefully move up. Patiently waiting

[skiboy10] 15/1/2021 16:11

One year chart looking good. A positive KSZ update should push us much higher

[tonytony4] 15/1/2021 16:00

One thing I did notice yesterday was MMS wanted stock and I was being quoted for my entire holdings! Stock has been sold on imo..

[d220] 15/1/2021 15:44

Nice spot TT4! I hadn't seen that. More funds to progress the KSZ :-)