Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
So funny how time forgets….George Roach was disliked far more than Andrew Bell for many many years!
IF Andrew gets the DRC funds and I’ve heard a rumor tonight then same will happen here at RRR.
https://twitter.com/thegeorgeroach/status/1413095718248648713?s=46&t=jQZU4x6VOh3Q5ptoBgxpiQ
https://twitter.com/thegeorgeroach/status/1412320777802760193?s=46&t=jQZU4x6VOh3Q5ptoBgxpiQ
https://twitter.com/thegeorgeroach/status/1324401640422674433?s=46&t=jQZU4x6VOh3Q5ptoBgxpiQ
Noticed this on the HARL board:
https://audioboom.com/posts/8250165-alan-green-talks-about-warpaint-london-harland-wolff-kavango-resources
maybe / maybe not... you and I both know Directors cannot sell whilst on the board....when they are not and have moved on it creates an opportunity to do so....neither of us know... GL
A lot of unsubstantiated comments on this board - I believe we will see 1.6p again soon enough as the non-executive bought on market last month. Agree?
Wasn't Michael the geo and started the company?
If so, slightly different to the Chairman of Moxico Resources coming onto the board of a small cap like Kavango and buying on market....dosent do much for his reputation if deals and success is not found in KAV.
I have no knowledge but maybe the price drop is a result of old Directors being able to sell now off the board?
16 January 2023
Peter F Wynter Bee, non-executive director
2,000,000 @ 1.6p
Peter Wynter Bee
Chairman at MOXICO RESOURCES PLC
Moxico Resources plc is a private operating, development and exploration mining company incorporated in the UK. The Company has a prospective portfolio of scalable copper, cobalt and zinc projects located in Zambia in South-Central Africa.
https://www.moxicoresources.com/projects-3-1/2020/6/30/mimbula
https://www.moxicoresources.com/peter-wynter-bee-bio
https://www.moxicoresources.com/alan-davies-bio
There has to be a serious reason for Peter to join the Kavango board and for him to buy 2m shares at 1.6p.
Good enough for him.....good enough for....
Peter will now be inside and unable to buy on market like he did last month due to the General meeting. If Peter is able to buy when not inside then its a very good sign of what is to come imo!
More to come this week and next?
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Once the MM's know the overhang is finished they will move it quickly north imo. Opportunity knocks.
MM's make profit both ways. Need liquidity and trading hence a swing coming.
Coro:
Italian gas sales RNS?
'Annual free cash flow estimated at 5m euros'
Sale of Italian Gas assets RNS?
'Option to divest up to 7.5m euros with cash flow during option period'
Duyung Gas sales agreement RNS? 15% worth $85m to Coro
Watch out for Conrad Asia RNS on ASX
https://twitter.com/Robin25461631/status/1623581576557740038?s=20
TBH I cannot remember but not worried about a Mr.Magic.
I like the price range here and the assets are very good for the size of the company.
Think we are hopefully at a turning point with sizable funds incoming and production of Lithium together with a JORC gold asset in Kenya that has value to someone to develop and an IPO in the US whether last week, today, tomorrow etc will be listed and will be 1/3rd of the current market cap of the company. In my mind that is crazy. GL
Interesting comment:
Sometimes things don't happen on time and it turns out that it is a good thing and not a bad thing.
1. It was him
2. He doesn't need to be there in person for it to be signed.
We do need a Lithium update as this should be going into production this month and that will generate revenues and cashflow. Think Helpful put some numbers around this sometime ago - maybe needs looking at again if you can remind us Helpful.
This update will really excite the market along with the DRC money which Andrew stated publicly to a photo he shared ' That is me in the DRC lawyers office. Looking at old doc, not signing new one. Nobody is talking compromise. That is not required'.
'I have spent over 3 of the last 9 months in Kinshasa for this purpose alone. And Kin is not one of Africa;s top 10 tourist destinations'.
Elephant Oil will list when it lists.
It is obviously in the final throws of listing and isn't dependant on anything Andrew Bell does or doesn't do. What we know is the approx. value it will be to RRR (£2m approx.) and will grow as time goes along.
Any delay in listing isn't negative in the jurisdiction they are and the neighbours they have regardless on what people write here.
Coro has pulled back on the debt shares allocation and that has now been cleared or is being soaked at a premium to the base level.
Was obvious from the price action moving very quickly to 0.29 there is limited to no stock available now the price has pulled back to the 0.24/25 range after the 10/20% profit taking.
James Parsons was in Asia last week and now back from meetings.
Focus being on the Duyung GSA or selling their stake or part off.
Remind me how much the 15% of Duyung is worth is cash terms now Conrad has listed in Australia? No doubt there will be interested parties.
The sale of the Italian Gas assets was worth?
Today's market cap is?
0.25-.30 is a great buy range imo with both the trading dynamics and the news flow to come.
He didn't tell me anything inside that isn't in the public domain, its more about having confidence in who you are investing in and you can speak to any company Director anytime.
Yes, if I invest I believe its important to speak to who you are investing in.
I can say I was very impressed (obviously there has been a lot of pain in the last 12 months, but at these levels and with how the company is positioned I am very happy to invest) but it is hard to buy stock without moving the price a lot higher now the shorts have closed and made their money.
Good Luck!
This evening Andrew Bell confirms he is in the DRC. Maybe an interesting week next week.
We are due Gold assays from Australia too
Maybe discussions and the partnership with Avacta is deeper than we know and they are growing as real company should and not just hype but real deals and transactions that will come when complete and 'material' GL