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15.5/15.7p seems a good market to move higher from here

Don't BR need to announce under 3%?
Yes the 8-9p are selling, but the volume yesterday for the buys in that range are almost done.
Anyone selling at 12-13p will now be looking for another entry.

Anything under 6-7p in time will be seen as a great buy.

Company is well positioned, growing and has a significant cash balance and a board that appreciate this owning a large amount of shares. Last placing as we all know was 25p. It just needs something sexy for traders to drive this from 6/7p back close to 20p

Volume on the 7th should see Blackrock cleared and traders sold a lot yesterday and maybe even today, but once the RNS showing BlackRock is out it will rise quickly and then slowly after that

I doubt the: DRC - 'Mr B .has his cheque for 51% of $15mm' will be a 7am RNS

John Wood confirms no placing on Twitter and Telegram messages.
Increased debt facility this week? Squeeze is starting imo

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

https://lloydspharmacy.ie/pages/self-test-kits

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'.