Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I can't see KAV releasing any substantial news on the B1 conductor before Christmas. They will be doing well to complete the drilling and will have no chance of a DHEM being conducted by then. We may get a few vague upbeat technical terms from BT, perhaps a few pics. I would expect assay results for B1 some time in February or March.
I think it is even unlikely that DHEM will be done on hole 2 in target area A, pre Christmas, if indeed it can be done at all due to downhole conditions.
KAV will have a good idea of what if anything they have found with B1. Will they keep the drill in this area or move the drill to ditau ? Perhaps a new drill rig will be contracted for the KCB as POW and KAV are well funded?
KAV are an exciting company with huge potential and personally I would not be trading this company. It is time to enjoy Christmas, forget about the sp for a while and look forward to 2022.
Without definitive assay results and with third parties watching from the sidelines, BT will have to be very careful with his communications.
If a magnetic pencil stuck to the core as Ben reported, then the core consists of a high percentage of either magnetite / lodestone, nickel or cobalt?
It is unlikely to be cobalt, that leaves magnetite or nickel, or both?
Could a highly concentrated body of magnetite give a conductance reading of 8200 Siemens?
I suspect PJ will be eager to get the drill bit spinning at Haneti.
2.5 million warrants expiring March 2022 and 7.5 million warrants expiring May 2022, all at 1.25p.
Will we need assay results back before POW decide whether or not to exercise the warrants ?
POW'S shareholding in Katoro has been diluted if we did not take part in the placing, however our 35% interest in the Haneti project has not been diluted.
I was wondering what was happening with Haneti as it is now almost a year since the last drilling program. Was it Katoro's funding issues that were holding up progression of the Haneti project?
Hopefully drilling of Mihanza Hill will now progress quickly, good assay results and negotiations with a major will follow.
Afternoon all, great rns, very exciting few weeks ahead.
I was just wondering what does this bit mean?
" Late-time data from 760m to 780m indicates the Conductive Anomaly exists within 300m of the DHEM survey's completion"
Specifically, the reference to 300m ?
Also, what drilling operations would be still ongoing at KSZDD001 ?
Afternoon all.
In a recent interview, BT said that a very well known diamond production company had drilled and then abandoned the I10 structure at Ditau. He was excited at the implications of this and said one can only infer that this structure is NOT a carbonatite.
If it was a carbonatite, what would have happened ? Could KAV still explore the I10 structure? Would we be able to drill the structure?
Also, carbonatites are a primary source of ree's and other metals, so does this not lessen the I10 structures prospectivity for ree's, or does it increase the prospectivity for base metals?
I think Ben could have expanded on this a little bit more in his interviews.
Whatever the reasons for the excitement in this not being a carbonatite, plus the recent acceleration in Ditau exploration, the team in KAV have a lot more knowledge and information than we do. They are obviously very excited about something at Ditau.
Personally, I do not think Silver Peak will amount to much. I can't see it being listed, it's just not big enough, silver grades may be good but it is remote and I question the size of the deposit. I would guess that the project will be sold or jv'd in some way.
Very disappointed with Haneti project news so far this year. Haneti is potentially a company maker but since the drill program finished, nothing. Further drilling may happen, this year or next, who knows when.
I think those newly acquired uranium licences in Canada will eventually be packaged up and jv'd with some other company, like Hemlo Schreiber licences were.
Molopo farms, another potential company maker but besides the few assays, no real news on progress over the past 9 months.
The projects that will drive this forward are the KCB and Patterson in Australia.
I remain a supporter of Paul and POW.
Yeah, very exciting times ahead here, personally, I can't wait either.
I do compliment you on your choice of music, can't beat old school classics, it's just I am always a bit disappointed when the link is not a BT interview etc.
Have a good day, not long to go now.
One piece of news I am eager to hear is the granting of licences to FDR, especially over the Wallal licences.
POW will not exercise it's option until these licences are granted.
If the option is exercised, then the question is whether drilling would happen pre or post ipo ?
The visual comparison of targets within the Wallal licences to Havieron are exciting to say the least.
My guess here is that if the option is exercised, then drilling would happen post ipo.
PJ has hinted that any ipo would be fast tracked as much as possible.
Hi Legalwolf, my gut feeling says no, I think they will drill the KCB pre Kanye ipo.
Both POW and KAV have the cash available for drilling, they know mineralisation is there, it is a elatively low risk drill, why would they not drill a low risk project themselves ?
All they really need is the EMP approval, decide on specific drill locations and secure a rig.
If both companies decided to put just one drill hole in to the acacia and morula targets, any positive outcome should have a big impact on their respective sp's and greatly increase the prospectivity of the remaining 5 or 6 targets.
Access to and water availability at the KCB targets is less challenging than the current KSZ drill locations. The targets are at a much shallower depth and the sand cover is also less.
Drilling the KCB should be financially comfortable for both companies.
If mineralisation is found pre ipo, this would then increase Kanye's valuation at ipo.
This is all just my own opinion, I could be totally wrong, wouldn't be the first time and it won't be the last !
The KCB is turning out to be a mouthwatering prospect for both POW and KAV. It is the lowest risk project in the KAV portfolio, they know there is copper there, the only unknowns are grade and thickness of mineralisation.
It will be worth keeping an eye on KAV rns's for any deal with Equity Drilling to secure a second drill rig and ancillary equipment. As the current drill rig in the KSZ is scheduled to drill 3 targets, which will take a number of months to complete, then perhaps a second rig will be dedicated to the KCB copper targets ?
POW will have some involvement in these negotiations, hopefully KCB drilling will happen sooner than expected.
A decision on the option over the Tati licences should, by my calculations, be due by the end of next week or the start of the following week.
The South Ghanzi project is just begging to be drilled and POW will be pushing to get this done ASAP.
If this was the only project in the POW portfolio, it would justify the current sp alone.
Massive potential is an understatement, South Ghanzi, Molopo and Patterson (on option) are really starting to look transformative.
Hi all.
Just wanted to ask those that have researched similar companies to KAV, did any of these companies publish conductivity readings or decay constants data for their drill targets ?
Did they use similar exploration surveys and techniques?
Is there anything out there that we can compare KAV's readings of 3000, 2500 and 8200 Siemens with ?
I know that Ben Turney posted the chart detailing conductivity of various substances, but a comparison to other companies who have made a discovery would be great to see.
Even without the KSZ, KAV has company making projects in the KCB, LVR and Ditau licences.