Kodal Minerals Share Discussion Threads

[zxie] 01/10/2020 08:11

Strong Buy

[still waiting] 01/10/2020 08:08

Full offer being paid now

[skiboy10] 01/10/2020 07:55

Whilst we wait for further news KAV has the potential to be a 100 bagger from a £5m market cap if it finds a Norilsk type deposit ———;——̵2;——R12; From today’s RNS Following on from Dr David Holwell's Mineral Systems Review, plus the updated Petrology Report for the KSZ which was prepared by Dr Martin Prendergast, the Company was extremely encouraged by the initial images from its computerised 3D geological modelling, developed from data obtained from the KSZ project in south-western Botswana. These images confirm significant similarities between the northern (Hukuntsi) section of the KSZ and the giant Norilsk mining centre in Siberia. Norilsk accounts for 90% of Russia's nickel reserves, 55% of its copper and virtually all of its' platinum group metals. The Company increasingly believes that Hukuntsi has the potential to host very significant copper, nickel and platinum group metal deposits. The next steps at Hukuntsi will include our geologists selecting six of the most prospective "keels" at Hukuntsi for large loop, low frequency EM surveying to test for massive sulphide concentrations, which are known to be highly conductive. The Company expects this work will result in the identification of high-priority targets for future drilling. Most recently the Company formed a Strategic Joint Venture [SJV] with Power Metal Resources Plc who are also listed in London. The SJV will see the formation of a new, jointly owned, privately held company that is focuses on large-scale mineral exploration projects in Botswana. The SJV will enable the Company 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 KSZ. The SJV will be incorporated to enable a future separate listing, expected to be on either a Canadian or British stock exchange. Given the likely number and scale of these "Norilsk style" targets, the Company 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 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. As we enter the last quarter of 2020, the Company looks forward to the challenges and opportunities that lay ahead. We have a great team, prospective areas under licence and with the support of our shareholders we can achieve great results. Further information in respect of the Company and its business interests is provided on the Company's website at www.kavangoresources.com and on social media including Twitter #KAV. DJ Wright Chairman 30 September 2020

[zippy14] 01/10/2020 07:43

Let's hope so. Back into the 0.1 area would be a good start

[julianw2] 30/9/2020 22:15

Should be a good morning chats :)

[zxie] 30/9/2020 20:43

Yes top up time RNS very soon

[steel86] 30/9/2020 20:32

Where's the RNS?

[julianw2] 30/9/2020 20:03

Doh!! Just realised a RNS had been issued, excellent :)

[steel86] 30/9/2020 19:23

I hope so Zxie. Be a nice little holiday for me that 😁

[zxie] 30/9/2020 19:05

0.20p soon

[daar] 30/9/2020 18:48

Boom time then

[still waiting] 30/9/2020 18:08

Yep. Overhang cleared like it was at icon, syme etc

[daar] 30/9/2020 18:07

Meaning all outstanding warrants are fully cleared so no overhang at all?

[inv4fee2020] 30/9/2020 17:45

so from the last update RNS on the 7th Sept. // "Application will be made for the 228,571,428 new Ordinary Shares being issued on exercise to be admitted to trading on AIM and it is expected that admission will take place on or around 10 September 2020 ("Admission")."

[inv4fee2020] 30/9/2020 17:44

thanks @Julianw2

[inv4fee2020] 30/9/2020 17:43

so they have added roughly 220m extra shares for trading due to a raise for more funds/captial??

[julianw2] 30/9/2020 17:42

I would say today's raise is a re-adjustment as the stock looks very cheap, hopefully some news is also expected soon.

[brut winky] 30/9/2020 17:33

Voting rights was in no relation to todays rise, they are just stating how many shares there are in the compamy.

[daar] 30/9/2020 17:25

Yes those don't make sense. What are they?

[inv4fee2020] 30/9/2020 17:16

can anyone shed some light on the significance of the total voting rights RNS that was published? TIA

[dmitribollokov] 30/9/2020 17:08

Loads of tiny bot type trades after 1600

[julianw2] 30/9/2020 17:05

Wow what a finish