Member Info for D220

You offloading more today??? :-(

You have read that they have a JV with POW? They got £75k cash and a bunch of shares and warrants. The management have been going unsalaried but they know full well that the big pay off will come down the line. KAV are NOT desperate for cash. DYOR

They may not need any placement. Highly likely that they will JV/farm down with a major to get a free carry on a defined drill programme. Almost certainly only on a part of the KSZ that we have . leaving options for subsequent exploration.

Or as PP suggested on advfn, if at 10p by drilling, it could be £3.70 at take out! :-)

Really good article. Shows just what could happen to KAV. So, in Nov '94 Diamond Fields' SP was $4.65 pre drilling. By Mar '96 when it was bought out, the (pre split) SP was $174 or 37.4 times greater! Do the same for KAV from 3p and the SP would be 112p! THAT is the potential here. :-)

dd, I darent even think what the value COULD be! But you are right 15% (or 10%!) would be more than enough for us all have the mother of all returns here! :-)

Almost certainly going to be funded by some type of JV/farm in arrangement. I am quite sure there will be lots of interest. I want a more "substantial" partner than POW for the KSZ. Of course, a Major (Rio?) will want their pound of flesh, but so long as we dont give them the kitchen sink, we will be able to get better deals for future targets. It is the age old dilema: 100% of a "possible" Norilsk or 15% of a proven Norilsk.....

Yes, looking very good! Buys at 4p now!
Obelix, you might have to chase this!
Nice to have a day when both JAN and KAV are up at the same time! :-)

Sorry if that sounds "ramptastic" but look at the potential!

A £5 market cap is pitiful for what KAV have. The JV with POW for Ditau and KCB plus the "company maker" KSZ. Undervalued doesn't even come close to describing the position. Would need to be a multibagger several times to just reflect the potential here. IMO, DYOR etc etc! :-)

With so much validation of the theory that the KSZ is like Norilsk, it makes you wonder when the market will wake up to the huge potential here. Surely we won't have to wait for drilling before the prospect of success is at least partially priced in?

Strong evidence of metal sulphide accumulations in the KSZ



Kavango Resources plc (LSE:KAV), the exploration company targeting the discovery of world-class mineral deposits in Botswana, is pleased to report further strong evidence that the Kalahari Suture Zone (the "KSZ") may host one or more "Norilsk-style" Copper-Nickel-Platinum Group Metal ("Cu-Ni-PGM") deposits.

Dr David Holwell, of D&D Geoconsultants, has completed a significant update to the Mineral Systems Review (first published on 29 April 2020) (the "Review"). Dr Holwell is Associate Professor of Geology at the University of Leicester and is a leading authority on the development of Cu-Ni-PGM sulphide deposits associated with magmatic plumbing systems.

Dr Holwell conducted a mineralogical study and laboratory analysis of rock samples (the "Rock Samples") taken from the Company's November 2019 drill campaign on the Hu****si section of the KSZ and the Canadian sponsored Kalahari Drilling Programme (1983). The Review makes several key conclusions.

Specifically, the occurrence of "primary magmatic sulphides" in the thick "gabbroic sills" (>50m thick) of the KSZ (announced on 8 September 2020), combined with strong evidence of "sulphur saturation" and the presence of "cumulate rocks", suggests that "metal sulphides" may have accumulated in trap zones in sufficient quantities to form mineable mineral deposits.

This is an extremely important step forward in advancing Kavango's understanding of the KSZ.

There is now compelling evidence that the KSZ experienced similar geological conditions as those that led to the formation of giant Cu-Ni-PGM massive sulphide deposits at Norilsk (Siberia), Voisey's Bay (Canada), Raglan (Canada), Jinchuan (China) and the Thomson Nickel Belt (Canada).

Well, that's a good close above 3.5p! More of the same tomorrow please :-)

Well, no RNS but looking good anyway. Would be nice to push over 3.5p today :-)

Around 380k buys to 40k sells today! Hmmnnn. At some point they will have to move this up. Unless there is a delayed trade coming through?

KAV and HZM are my other 2 big holdings..... :-)

Just added £2k worth to my daughters ISA at 3.42 using money that she would have spent commuting into London! I am sure she will thank me soon!

So, just speculating then! ;-)

Just seems a touch "manufactued". As you say, the closing price would have been much higher without it. Anyway, in the scheme of things it is irrelevant. Lets see what tomorrow brings - maybe a 7am RNS? :-)

AIM, agreed they would be nuts to sell. I was only asking the question after you said
"...ruling out the number of PIs with a big enough holding going to zero or is it something bigger, but there isn't any fund left to sell!"
Anyway, if anyone has been spooked by that, they really shouldn't be owning shares at all IMO!