The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Ben Turney, CEO, Kavango Resources will be presenting and taking live Q&A at focusIR Investor Webinar on 14th May. Please register here.
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Forget 8 months of drilling they have been there for years and not managed to find anything if significance yet
Investors would like to see some rapid results, a quick proof of concept (real targets) followed by more extensive drilling to create resources. KAV have one of the largest land packages in KCB, in theory two mineral systems and multiple targets within each area. There are many “ifs” but the gist is massive scale with majors in similar post codes; RIO to the west, Sandfire to the east, Khoemacau (sold to Chinese $1.8bn) to north east.
Focus on Zimbabwe: Announcement of moving into gold production and the announcement of their first maiden resource. https://twitter.com/Share_Talk/status/1775798726033825852
Exploration in Zimbabwe and Botswana: Looking for large scale bulk minable gold deposits in Zimbabwe and large scale copper deposits in Botswana. https://www.share-talk.com/ben-turney-chief-executive-officer-of-kavango-resources-lonkav-talking-to-zaks-traders-cafe/
8 month drilling programme coming up at the KCB. Surely, they will find something!
There’s been a sea change in approach to KCB exploration recognising the geological complexity. Even large well funded companies such as Sandfire haven’t always got it right. Ground IP is the final piece of geophysicss to identify conductors which is where the copper/silver should be. A good result is 2% Cu & 20g/t Ag.
I think in and amongst all the rampy stuff which you get from ALL junior explorers, KAV/BT did often say that the KSZ was higher risk exploration for them. But they were also consistent that the KCB represented their highest probability project in terms of a discovery. Obviously this has now changed with Zim being lower hanging fruit, but the KCB still represents the most likely project to yield a discovery in Botswana, and the chances of making one have likely increased with DC leading the exploration.
Clearly this is shaping up to be a key 3 - 6 months coming up here for KAV. Let's hope their confidence in both gold and copper is vindicated by some early exceptional results.
The KCB licenses have always been our most promising assets to my mind so any positive developments there is always encouraging.
Junior explorers are the biggest money pit in the stock market bar none.
The KAV story was good in 2020. KSZ, Ditau and KCB, but sometimes things don't come off. That was the case with KAV.
It just so happens that the investment case is stronger now that it has been for some time. There is some lower risk exploration going on and there is a small production profile that can hopefully be expanded upon quite quickly and easily.
I wish it was as easy as sticking a few drills in and finding another Norilsk but instead we have to start from scratch slower base. That can hopefully happen over the next 12 months.
In your opinion, is there a case for investing in KAV?
I am getting tired of hearing about all these big ‘ifs’ and all these district sized potentials. I am also bored about hearing of these amazing experts who have decades of experience. I thought 2020 would be the big year of discovery and 4 years later I am still waiting for success.
Bens enthusiastic all the time even when they have exaggerated and made made big mistakes and discovered nothing that they could make economically viable.
I hope this time is different.
I hope they c
I don’t mind the timescale slipping especially if the reason for that is they are doing this prep work which increases the chances and confidence of a successful campaign. They are being led by DC who is the regional expert.
What’s more is that it makes for a rich period of newsflow as we should be hearing about Zim as well.
The drill date has clearly slipped to Q2, they have preliminary targets but want more ground based IP on those targets. BT’s “cautious optimism” but recognising KCB geology is complex seems the right tone. If this comes off it has the potential to be district size.
Last chance to get in sub 1p for gold and copper discoveries to be made this year - hopefully. GLA
He did say on Telegram KAV is “light years ahead” in its geophysics/exploration under Dave Catteral.
Well, its not bad news. Personally, awaiting definitive news. Ben is always "confident" and this, as we have seen several times in the past, is no indication of a successful outcome :-)
KAV are confident the upcoming drilling is going to deliver. Fantastic news.
Yes a very strong looking bottom formed in the chart. A poke above 1p will attract traders.
Gold breaking out to new ATH. What a time for KAV to be releasing golden news to the market. 1p finally on the Ask.
SO much to look forward to here in Q2. I think they will get very good results from the initial drilling at Zim, because they have been hinting at this. If they also then hit copper at Karakubis, then it's off to the moon!
Positioning at sub 1p is the smart play.
Yes, word is getting out that news is due both in the KCB and in Zimbabwe, and that they have no funding shortage to execute those plans. I'd guess it's people taking positions to make sure they're positioned before those news items land.
Firming up nicely now. Should get above 1p soon enough.
Hoping for news on KCB drill targets although RNS wasn't suggesting imminent news. There's also Hillside Zim assays in 4 weeks. The underlying reason for the rise is one buyer building a position & an absence of selling.
Must be some news brewing. Some large buys an 0.89 paid as well.
Should be a really good Q2 for KAV, with drilling results from Hillside and Nara, and commencement of drilling at Karakubis during the quarter as well.
Coming this is great progress !
Everyone wanted regular updates ! This is what we are getting now !