Member Info for StanAccy

RNS out

Hi,
Do we have a Ditau date yet?

How long until the latest cash funding round runs dry?

Answer my own question

14th March!

Big week ahead for Aura

I don’t understand why a market placing would be required at this time? Have I missed something? Or are they buying Molopo for cash now?

Hi,
Not read RNS

Was there any indication of a time frame for the suspension?

Normally this can be done within a week if the funding is already in place

As for Molopo, the way I understand Molopo it will be an easy site to prove and spin off within 12 months and bring in much needed income and a genuine successful sell on for both POW and KAV.

At this stage both POW and KAV are still to deliver a project although POW are close with a number of there’s including a IPO due in April.
This is important to demonstrate that KAV can be a success and can deliver.
Flipping Molopo will be a huge win for KAV and for market confidence.

Molopo is near the SA boarder, close enough to refineries to make it commercially viable but most of all the drills that took place by POW and the other partner (can’t recall the name) where just the tip of the iceberg and there is lots more to explore.
If anything the POW drilling programme was a bit scattergram and where they did have success needs further exploration.

One thing I noticed about the last KAV response to the latest Molopo extension was getting through ‘the legals’.
I think this suggests they will be commissioning a 3rd party to carry on the investigation in return for a cut of the eventual sell on.
That may be entirely wrong but that is how I am reading the room.

Hi KeithOz
Thank you for your reply

As you can see from my contributions to this forum I have been a long term holder of KAV and can still see the potential.

However I also must judge the potential against the actions or inactions of the board who are the ones who will ultimately make KAV a success or another failed AIM explorer.

Regarding my 2 points of dissatisfaction;
I still am still disappointed by the silence as if this was a clever strategy; the CEOs defence of the silence was a poor option for him to take.
Humility and a recommitment to informing shareholders may be a better path for him to walk going forward.

I have done som site ground investigation, not to the depths of which KAV are currently drilling but I know enough to make a semi informed opinion.
I do think missing the target this time was poor, I have no doubt they will hit it next time if They use the same site supervisor as he/they will know where to avoid.
It’s a true statement they now know better than ever where to aim the drill rig and the missed drill wasn’t a complete waste of time as no doubt the assays will help build a clearer picture but that doesn’t excuse the failure.

One thing that is important, the Ditau drill must hit the target. Even if the results aren’t spectacular, it would be reassuring for those of us who are looking or considering exiting the KAV ride to know the team on the ground are competent.

I have worked with a good mixture of ground investigation teams in the UK and they all have the same or similar qualifications and experiences yet half of them we never used again because they don’t understand the geology nor the mechanics of their own kit enough.

As a KAV investor I want to see the drill company we are using hit the target; it’s as simple as that.
It will give me confidence that the team we have on the ground are working in our best interest in tandem with KAVs geologists.

While the KSZ is no doubt a difficult drill to mobilise and carry out, we are not paying for a nice attempt we are paying to hit a target.

There is another junior miner who I won’t invest in because they use a certain sub contractor drilling company who I have no faith in.
Investors need the confidence the site team is on the ball otherwise all the other good work, surveys, reports, investor relations, etc is a total waste of time if the guys obtaining the evidence are not performing.

Do we have proof KAV have their own independent staff on site during the drilling?

It’s quite simple for POW

Get one of these projects across the line, be it Joint venture, sale. iPO

Once Paul Johnson has got one across the line he has a track record and credibility of delivery.

I spoke with someone who sold out and the 2 reasons he gave

1. Lost trust in the management and their ability to drill targets correctly
2. Failure to get Molopo Farms deal completed within time frames points towards poor leadership at KAV

I will hold for now but must admit I a, looking at an exit strategy as I to have lost confidence in the management team.
Much like my friend, my dissatisfaction is not with the hype and pumping, but actually missing the geological target and the radio silence.
99 times out of 100 radio silence is bad news when it comes to mining.

Timescales for Awkward drilling this week?

RNS out

Confirms compensation claim made against Sweden

2x RNS

Awkward drill starting to moves into place, a big few months ahead for Panther.

Is it fair to assume the Awkward drilling will be happening by April considering we are now past the winter months?

I don’t like to say it, but I think this SP is heading back into the teens with low salt me sales, low Bell sales. Lucyd now having plenty of rivals and Guidant being a while away from turning a profit.

Molopo farms option now 18th March

D220

I agree so the question becomes what can they bring to market in the coming 17 days which will interest the markets?
Assay results?
Ditau commenced on site?
Corporate changes?

I am disappointed and concerned that KAV having had 3 months and a further 4 days haven’t got their house in order regarding Molopo Farm.

In less than 24 hours we shall have a clear understanding of what Guild mean by ‘huge’.

Molopo is a no brainier , good early holes, close to the border near infrastructure, with POW they have a partner who will want to do the investigation and sell it on within 12-18 months so if the due diligence has been good then KAV will be buying either a relatively quick turn around to spin off or arguable at this stage the only proven future mine in the portfolio.

Where is the Molopo Farms RNS????