The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
NotHopeful i am not the CEO of this company, the company provide financial reporting RNS that explain machinery and other costs. I guess you better take a look at these and ask him yourself, you can have a conversation with him on the Telegram group. He will answer all your questions on there.
Kavango Resources PLC - Southern Africa-focused metals explorer - Announces that it expects to move to revenue in March, adding that it aims to double current production to one kilogram of gold a month over the course of 2024. Kavango also announces that it has signed its first contract to start immediate gold mining operations at its Hillside project in Zimbabwe. Also says that it has formed a new subsidiary in Zimbabwe, Kavango Mining Ltd. Chief Executive Ben Turney says: "Current revenue at Hillside amounts to around AUD30,000 per month, and the operation there is already profitable. Continuous production at Zimbabwe gold projects secures the ground and forms an important part of any long-term development plan. Our objective is to become a significant gold producer in this country, and this is our first step towards achieving this goal. If all goes well, there are other production opportunities we hope to bring to Kavango."
Current stock price: 0.82 pence, up 14%
Nothopeful, the Company has designated four priority prospects at the Hillside Project with a view to discovering larger-scale gold deposits that are suitable for modern bulk mining.....Hillside potential is massive and this move today is the first of many great moves...... just the beginning .....many people will be buying today as it an exciting phase in the company and they have the backing already ....millionaire /billionaire backing.....which makes this company very exciting and great progress is being made now which is fabulous to see
You might want to take a look at this and read to give you a good background on the company and why it is a buy
https://twitter.com/Share_Talk/status/1766051809037070375
Tray556 is your bank balance in profit and if so, does that excite you ......are you spending it on a monthly basis and are your daily costs too high or are you banking healthy gains every month?. Do you give your partner RNS on the revenue you bring in ....have you got a good venture and profit in the work you do?
We are talking about mining and first gold production and you Tray556 you want profit and costings ....wow......Rome wasn't built in a day pal.....but everyone to there own and i guess you are not invested in here neither. Only saying.
Https://www.bullionbypost.co.uk/gold-price/1-year-gold-price-chart-ounce-gbp/
On the leaderboard this morning. KAV is moving up swiftly and mms ready to lift higher ......Fabulous RNS ......Exciting times ahead and gold prices seem they are also going to new heights too this year.....which is great for KAV
Https://www.share-talk.com/rns-hotlist-with-zak-mir-coin-maru-kino-kash-tgr-kav/
media coverage JUST STARTED now KAV on Daily RNS HOTLIST
Moneymaker2015 that correct lovely to see it heading in the right direction for once and gold revenues has begun ...great things to come and now turning a corner .... i presume you bought around the 6p mark and are a disgruntled shareholder....well now this company is actually making money .....you may see 6p coming back very soon.....Fabulous positive news you should be happy pal
The leaderboard .....lovely start for MTW and KAV both having great RNS this morning.....lovely start to Friday paternostpauper....nice indeed
What a fabulous week for for KAV .....amazing RNS and now gold mining operations starting immediately ......wow ......this news should see a big rise in share price over the course of the year .....may see these 5 bag quite easily
Further, the Company is pleased to announce it has signed its first contract to commence immediate gold mining operations at the Hillside Project ("Hillside") (the "Mining Contract").
Highlights
- Kavango to take over existing mining operations at Hillside immediately.
- Kavango to fund capital investment and will receive 100% of revenue generated.
- Gold production at Hillside has been consistently profitable for three years.
- Kavango aims to double current production to 1 kilogram ("kg") of gold a month over the course of 2024.