Member Info for D220

I have emailed Ben to ask him if the Geological Model can explain why there was no "hit" at Target B. Hopefully this will come out in tomorrow's preso. It is fantastic to have targets, but is just as important that they know why otherwise promising drill locations from the Model do not come up to scratch with the TDEM survey.

I wouldn't bet against news on the KCB/Kanye before that...

"Kavango believes A2 and C1 lie in the same geological corridor of Karoo-age gabbro, which is open in both directions"
So COULD be linked???

Looking very good:
"The fact that C1 shares a number of highly similar characteristics with A2 is very encouraging."
"it is encouraging that C1 is located relatively close to A2. We believe both targets lie potentially within the same geological corridor of Karoo gabbro."

We just might get info on SEVERAL more target areas....
From RNS dated 20/4/21:
"The planned surveying of all four Target Areas should be completed before the end of June."

Bwana, I wish I had a piggy bank the size of yours! ;-)

Well, the good news is that bthose that wanted in after some weekend research have had the chance at sub 6p. Make the most of it, as the news Ben referred to in his interview last week is due this week and I dont expect it be anything other than good... :-)

So, Chuck Forrect has offloaded 1m shares, as notified today. Not sure when they were actually sold but he still has over 10m. I don't blame him given they have not taken salaries for ages.

I hope you are correct Mike. I am more cautious and think double figures SP by TD and then, if the result is convincing, a Market Cap of £200m in short order, rising to £500m if further hits/confirmation later in the year/into next year...The stuff of dreams?

FKC you are quite right! And as one of those to whom you refer, I really hope for a several bagger before the end of September! ;-)

Well, so much for my thought that profit takers would have let the steam out this afternoon! Just seen a buy at 6p! Well done FG! :-)

I don't know where "bottom" is but I have just snatched another 44k shares at 6.64p :-)

I really hope this is the last push down. I may have to move some more funds in here at this rate....

I wouldn't bet against that FG. I would just be happy with a close over 5.5p.

I have no idea what the share price will do today - logic (when did that EVER come in to it?) suggests that it will rise into target news next week, but there MAY be profit takers this afternoon. If so, I would advise any that don't yet have the position that they want here to snap them up. Ben has said target news next week. Let's face it, if they hadn't found anything of interest in B or C, they would not have agreed to do TWO drills, and quickly at that! Wink , wink. Your money, your choice/risk.
I am fully loaded and have been for some time so am ready to enjoy the ride!

Ben talking about proving that a Karoo age rock system hosts metal deposits:
" we could be into JV territory, sale - the potential could be enormous" :-)

The additional monies received by KAV that they are using for these initial drills must refer to the purchase of warrants. I suspect that further warrants will have been bought since then so the coffers should /could be full enough to extend to further drills if deemed necessary. Looks to me as if the 1pm sales of 700k shares at 4.90 might be someone offloading such warrant shares.
I guess that will act as a bit of a brake on momentum but the nearer the drill gets, the more this should get exciting. Let's hear about some more targets please guys!

Thanks to someuwin on advfn:
BT doing his thing!
https://www.youtube.com/watch?v=eymGWv0Ea1M&ab_channel=Proactive

Some chunky buying at 5.18p :-)

From the RNS:
" Analysis of other potential drill targets ongoing, with results expected shortly"
So we can expect to hear more about which other target they have in mind along with A2....