Member Info for Kabaa

Absolute nonsense woodfromthetrees, much of them costs were for the rto and listing. The company has come a long way since then and has won some very large contracts and is profit making. They will be getting paid upfront for orders too.

Ondo have more or less told us they were breaking even some months ago in previous interviews. So they're definitely not in any desperate position to place.
Net margin per leakbot can also be anywhere from 25-50 pounds.
This product is being very well recieved in multiple countries including Denmark, Sweden, and UK by large insurers. Now we've just teamed up with a huge partner that want to distribute this across North America and world wide.

The potential sales of this could be many millions of leakbots. Even at £25 net margin on 5m is £125m profit.
Current market cap is £8m.
The scalability potential is staggering.
It wouldn't surprise me to see the share price at £10 in the next couple of years.

Thank you the Italian. I thought all of the tokens and payments were supposed to be done and dusted by 31st March 2023? Or was it May 30th 2023?

Kav has uniquely large upside in all 3 of its projects compared to the vast majority of exploration stocks.
The latest news this month on 2 of their projects are very promising indeed.
Add to that a jv for kcb which is highly prospective and I think likely will happen.
The newsflow for 2023 will be incredibly exciting and just a little success in one of the projects could very well make this the most talked about stock on these forums. Aimho, dyor etc

The 2 project upgrades this month along with probably buying ahead of drilling the KSZ, the sp could go absolutely nuts just leading up to the drill. Add in other news incoming with more licenses and a potential JV for the KCB, don't be surprised if we rocket through the all time highs of 6p+.
Kav firing on all cylinders literally!
Could be the stock of 2023 by far.

B1 drilling within a couple of months should get this trading like pre drilling of an oiler, then the upside is off the clock if we hit anything.
The recent news on ditau also unexpected should bring more attention to this stock.
Any jv on any project should also get the sp motoring.
You have to laugh at Cox selling at the low after averaging down and complaining about nonsense. Then suggesting we need a raise when we are swimming in cash. Haha. He'll regret that.

Expect many more of then over the coming months.
The upside here is many multiples of the average explorer.
Look at the people getting involved in the last 3 months and the director that just joined on the 1st Jan.
These people are getting involved in little 10m market cap KAV because it is likely about to get much, much bigger.

We've just closed above the 100 day moving average, first time in months.
Chart looks like it is about to break out of the 7-9p range it's been stuck in.
Imminent bullish news expected.
Sprott target 15p.
New year 2020 was when we had an almighty 1 year rocket of around 2,000% +
Extremely undervalued.
Ftse good start to the year and looks set to break all time high and cut through 8,000.
Gold broken upwards.
Gdxj buying back the shares they've been selling.

You can't get much more bullish than that. Short term target 15-20p. Long term way higher.
Massive reversal coming for 2023 imo. Dyor.

Agreed Agricore. It looks like we are trying to get a JV on our more expensive to drill assets. We can then use the £3.5m for a lot of drilling on the kcb.
We can get back to work there in the next couple of weeks.
Kav will be firing on all cylinders in no time with a tonne of newsflow.
This is just scrappy retail selling 5 grands worth here and there which will mean nothing in a few weeks. This could double very quickly from here on no news at all and probably will and more soon....

So do I JP. Its a very good sign for a quality JV to come.
So many different heavyweights coming into kav, putting their name on this along with a lot of time and money. That is unusual for a little 10m cap company. It's a sign that we are going to have a very exciting few months ahead.

Mike Moles is not a trader, he is the founder of this company and a successful expert in the mining industry. Again, he did not invest £450k to make a quick 10%. He knows the company has asymmetric upside even at 4.5p once the assets are more developed. The background work KAV have done and the financing will accelerate this potential, which makes H1 next year a very exciting time to be invested. I'm sure if he gets 20-100 pence he is not going to cry about not picking the bottom or being diluted. He's grown up and experienced enough to know that's just the stock market for you.

Again, this is not a stock for hysterical pleb, short term gamblers. If you get that upset about a 10-15% move in an aim stock, trading is probably not for you either.

Many of the investors here were already multi millionaires many moons ago, and are highly experienced experts in the mining industry whom are investing in KAV because they know it genuinely has ginormous upside. It also has risk attached and requires a lot more patience if you want to make real money.

You seem to be upset with BT. He is not the main guy here so many of us couldn't care less what he says and watch him just to keep updated. He's likely been put there because he's younger and has a lot of energy and drive needed to help move the company along at a higher speed, plus help communicate the potential to investors.

Finally, if you think the company is that bad, yet keep buying more shares whilst complaining and ranting about the management immediately on an open forum, then perhaps you should stop buying more shares before you have a complete meltdown, which I'm sure none of us would care to see.

Cox.

You bought £5k last month hoping for a 10% return. Now you've likely bought £3k yesterday hoping to make £800-£1600 on your whole £8k 'trade'.

Meanwhile Mike moles bought £450k earlier in the year at 4.5p, the kansagra brothers invested £1.5m and a strategic African commodities fund invested £500k. Power metals have taken a 10% stake. 2 other strategic have bought £250k each.

This is an investors stock for people that are looking for 10-50x, not chavvy mugs whinging that their 10% beer money trades aren't going the right way after 2 weeks.

Nav at 10-20m is extremely unlikely and more often than not, shareholders end up with nothing after all costs/losses factored in.
If there is something left over, this can often take many years to ever get into your account, which by then will be a fraction of what you think it will be.
Read yuris posts on here and be careful throwing money at companies like this where you think youre going to get anything remotely close to 'NAV'
It is mistake that I have made many times.
Where the option money would be is if they sell the company but that also looks unlikely now.

I enjoy reading your posts bozi, along with Keith oz who would be good to get in on this thread. From memory he has suggested an easy 100m market cap within a year a few months back. That would line up roughly with your 10p.

I do agree that many things would have to go very well to get a 100 bagger.

I believe the new investors are not only bullish on Kavango's assets but also like the management and the potential for kav to grow into a bigger company than just the kcb.

Bozi

I agree with everything you have said there.
I've seen this touted as a 100 bagger in several places over the years and can see it getting there although perhaps over a few years.

I am guessing Cobre did not have a lot of cash before they made their discovery and KAV have £3.5m to have a crack at it plus warrant money that comes in on top. Add the fact they have been doing a lot of work on this in previous years, then they really do have a fair chance of making a discovery and dare I say potentially more than 1!

Ben has also suggested the Kansagra family have indicated further support if they need it which considerably derisks us.
With the extra 4 strategic investors now, all in the mining industry, it helps puts Kavango on the map of the more reputable exploration companies out there, so I agree that we could get a big lift up from here even without any news and we could see some interesting deals made in 2023.

The only problem I have is that I believe they did the financing too cheap but sometimes you have to give a little to get a little back, so it can work out really well for a decent bounce for the patient holders.

I agree Bozi. Ben also looks very confident in both interviews more so than ever.
What sort of price do you and others think this can get to on a discovery or in general within 12 months?

Yes, people this morning talking of takeovers of 10-14p etc. Where on earth do they get thenm numbers from?
Any takeover would be many many multiples of this share price. Amateurs!

There has been some interesting large purchasers of between 1 and 2 million shares many days in recent weeks with lots of 500k buys coming in today.
I wonder if it's the same player building a position?

I think it would be good to suggest a list of questions for BT on here?
I'd be interested to know more of a timeline on when news will be released on each project and more on their timeliness for drilling in 2023.

Now they have some very serious backers, I'd like to expect less general fluff and more real communications of their plans.

Also how have they come across 2 institutional long term backers of the company at the same time? 1 especially is clearly a very big hitter. Why are they investing in KAV?

With respect damonhill, people of that calibre do not invest their money on a pitch from people like Ben Turney. They are here for the massive potential of the licenses at substantially undervalued levels imo.
Definitely worth keeping an eye on this for 2023....