Mkango Resources Share Discussion Threads

[overthebridge] 30/10/2019 08:39

Seems to be a 50k buyer continues to take stock.

[tutthetrader] 28/10/2019 15:09

Steady rise each day from here. Bang. . Then good night. Bought out

[windclipper] 14/10/2019 20:54

Crux Investor interviewhttps://youtu.be/haFgdFiKuSE

[cpap man] 04/10/2019 08:24

KAV



SP Angel . Morning View .


Kavango Resources (KAV LN) 2.0p, Mkt Cap £3.1m – Kavango selects new targets for 1,000m drill campaign

Kavango Resources has signed a contract mobilising a number of drill rigs to test targets in Botswana.

The drill program is for three vertical holes covering 1,000m on the Kalahari Suture Zone ‘KSZ’

The team plan to intersect conductor targets at depths of between 200m and 400m.

To save time and cost, the holes will be pre-collared to approximately 150m with reverse circulation drilling followed by diamond core drilling for better information on the geology below this point.

Management are hoping to find mineralisation in a 10km x 6km magnetic anomaly, which is interpreted as a potential magma chamber.

The other two targets relate to significant linear magnetic and conductive structures.
Water will be trucked in from a local town.

Conclusion: Botswana hides many interesting mineral discoveries under a significant depth of Kalahari desert sand.

Kavango hopes the use of modern remote sensing techniques will help it pinpoint mineralisation in anomalies of significant scale under the sand.

While drilling these targets feels a bit like wildcatting in the oil industry investors can rest assured that target generation is supported by a thorough analysis of the latest data.

[windclipper] 04/10/2019 08:23

Reason appears to be raising profile in Germany for listing on Frankfurt and Stuttgart exchanges, perhaps better to include detail in RNS rather than tweet but we have the reasoning now. https://twitter.com/mkangoresources/status/1180015935115218946?s=21

[kinwah] 04/10/2019 08:01

Probably the worst written RNS announcement I will read this year. Why do they need an IR firm in Germany? Why just for 3 months? "provides" a fee of 5000 euros a month but for what purpose? Is this a signal of a fundraising before the end of 2019? Is this the same sort of deal Boris would do with Ms Arcuri? MKA really needs to get its act together as we loyal shareholders are getting bored now.

[simoore89] 25/9/2019 18:20

Someones off loading a lot of shares

[phurley] 28/8/2019 14:56

Thank you Will DawesFine fine job you are doingLets b driving the share price that much more into the groundKeep up the great work

[tutthetrader] 19/8/2019 09:52

What kind of RNS is that. Coal being delivered to the docks. Is that it.

[thelung] 30/7/2019 13:22

KAV OR ARC

[ayesha4] 30/7/2019 12:01

A cashcow for Dawes and his cronies

[jarega85] 22/7/2019 20:07

Buy in at 7p and sell at 9p again

[lw425] 25/6/2019 10:37

Read again.

They have increased by over 300k shares.

The drop in percentage holding is due to the recent conversion of warrants.

Same with the other holdings RNS the other day.

Both have increased.

You need to read alongside the previous RNS's.

[ayesha4] 25/6/2019 09:21

And now we have another seller. Great. Peeps losing faith in Dawes.

[lw425] 23/6/2019 15:35

I'd be surprised if wesfarmers are not considering a bid for MKA at some stage.

Value here is clear.

Lynas Corp worth 2 Billion with net debt.

MKA 10m. No debt.

[simoore89] 20/6/2019 18:11

He has increased his holdings....The exercise of warrants reduced his percentage stake