Kavango Resources

10 days ago

Letter to the FCA: Is Kavango Resources lying?

Earlier today I published a document that arrived with the Winnileaks service detailing an option arrangement between an old geezer in Zimbabwe, Simon Bowman, and Main Market listed Kavango Resources (KAV) allowing Kavango to buy the Nara Prospect. Either that is forged or statements made by Kavango via RNS in December and yesterday cannot be true. I have written to the FCA

10 days ago

Tom, Winnifrith Bearcast: I must not keep my local MP's office waiting, a Catriona and Matthew's Dog special

That is to do with the BIG STORY. Set your alarms for just after 8 AM Thursday and keep a one to two hour gap in your diary. Then it is onto Iran, the markets and the gold price, Kavango Resources (KAV) and Eco Buildings (ECOB). Having been up until 4 AM working on the big story I let my guard slip and Matthew's Dog and Catriona will enjoy what follows.

11 days ago

BREAKING: Winnileaks Special: the document that suggests that Kavango Resources has lied to investors

Oh dear. This looks grim and I shall be flagging it up with my contact at the FCA later today suggesting that it launch a full enquiry into Kavango Resources (KAV) which is running on vapours but, more critically, seems to have misled investors. This is not the old management team led by “flip flop” Ben Turney but the current one led by Peter Wynter Bee. Crazy name. Crazy guy.

12 days ago

The legacy of Flip Flop Ben Turney – Kavango has a Zimbabwe screw up

Oh dear. Oh Dear. Flip Flop Ben Turney, formerly of this Parish, and, like Julie Meyer, a devout and sincere  Christian left Kavango Resources (KAV) with immediate effect last October. But his golden legacy lives on.

142 days ago

Tom Winnifrith Bearcast No 2: you have to laugh at today's 1 in 1 out farce and asking Malcolm Burne whether one should buy back into Golden Prospect?

I start with the immigration farce. You have to laugh if it was not so incompetent. Then it is Eco Buildings (ECOB), Ariana (AAU), Golden Prospect (GPM), Lift Global Ventures (LFT), Eurasia Mining (EUA) and Flip Flop Ben Turney falling on his sword at Kavango (KAV). Fear not, I have not offered him a job back here!

440 days ago

Flip Flop Ben Turney claims to raise £6.6m in yet another placing but when will he get the cash, if ever?

Another day starts and Kavango Resources (KAV), the Southern Africa focussed wannabee miner run by Flip Flop Ben Turney, formerly of this parish, announces a “strategic financing of £6,566,200 at 0.7 pence per share.” So how much cash will Ben be counting this morning given that Kavango is running on vapours? The answer is nil.

966 days ago

Tom Winnifrith Bearcast - another hour with the Police

No BBMs do not get too excited. It is not me for I have done nothing wrong. My discussions were about the obscene email one such moron sent me last Friday. After that I discuss IOG (IOG), pointing you to two tweets from morons below and the share price chart. I await apologies for I am never short but am usually right. IOG is very possibly a zero, today’s update is grim. Then it is onto Mirriad Advertising (MIRI), Cloudbreak Discovery (CDL) and its disgraced CEO, Unbound (UBG) , MGC Pharmaceutics (MXC) and Flip Flop’s Kavango Resources (KAV) and why Ben Turney should be sacked in disgrace.

966 days ago

Kavango Resources – City sources say flip flop is for the chop! Meanwhile, what about that (not) insider dealing?

At 2.47 PM yesterday Kavango Resources (KAV) issued a dismal drilling update. CEO “Flip Flop” Ben Turney tried to polish the turd but essentially the KSZDD003 drilling – just 60 metres from existing drilling failed to find anything. Turdey’s turn polishing is magnificent. I quote:

1031 days ago

Tom Winnifrith Bearcast: I was wrong, PL is right, should you fill your boots with Fox on Tuesday

To be fair, I was urging folks to buy shares in Fox Marble (FOX) last week but it seems I was a bit wrong about the maths and our in-house BB savant PL was right. Does that make Fox a raging FYB buy on Tuesday? I then look at ScotGold (SGZ) and yet another scandal and finally at Flip Flop’s Kavango Resources (KAV) as per my earlier piece HERE. Tomorrow I really am on a training walk so please, as I aim to do 15 miles, consider a donation to Rogue Bloggers for Woodlarks HERE

1106 days ago

Tom Winnifrith Bearcast: surely this is straight to jail, do not pass Go, do not collect £400

On the jail tack I refer to the clear market abuse scandal at Powerhouse Energy (PHE). I also discuss Ocado (OCDO), clearly a stonking short, Versarien (VRS) and the latest utter cobblers and tripe from Ben Turney’s flip flop Kavango Resources (KAV). Ben, at least, provides a platform for some inappropriate Cheryl Cole analogies.

1110 days ago

Tom Winnifrith Bearcast: At what point does Flip Flop admit he has failed? Prepping for a Bluebird Meeting

I start with a bit of macro-political stuff but that does relate directly to a) Gary’s tip today and b) my muted enthusiasm for UK PLC shares. Then it is onto Kavango Resources (KAV), seemingly moving goalposts to avoid accusations of failure. Finally Colin Patterson of Bluebird Merchant Ventures (BMV) popped in after this recording. FWIW, after the meeting I conclude that the shares are a VERY STRONG BUY.

1125 days ago

Tom Winnifrith Bearcast: a buy idea with 20% total return target + what would Ben Turney v1 make of Ben Turney v2 after Friday's nonsense?

In today’s podcast I look at Afentra (AET) and Gary Newman’s patience with obvious cretins, ScotGold (SGZ), Chill Brands (CHLL), Guild ESports (GILD), Genedrive (GDR) – a £62 million short – Kavango Resources (KAV) and BAT Industries (BATS).

1234 days ago

The latest pump and dump from Ben Turney at Kavango – what would old flip flop have thought of this nonsense?

Flip flop Ben Turney used to be a (pretty good) journalist on this website exposing pump and dump CEOs who talked bullshit. What would the Ben Turney of old think of his latest antics at Kavango Resources (KAV), CEO Ben Turney of the parish of Flip Flop.  According to flip flop, as he today announced a £3 million placing at 1.8p, Kavango is “targeting the discovery of world-class mineral deposits in Botswana”. In a similar vein, thanks for subscribing to ShareProphets, your cash will allow me to continue targeting a night in the sack with Cheryl Cole. This latest placing is a shocker.

1318 days ago

Tom Winnifrith Bearcast: Flip Flop, Ben Turney, & Dan Levi go to war again

I have no skin in this game, though I wouldn’t wish to own shares in Flip Flop’s Kavango Resources (KAV). However, as the two men go to war, it is time to grab some beer and popcorn and enjoy from the sidelines. Then, I look at Asimilar’s (ASLR) cash crisis, and Red Rock Resources (RRR) where, despite Andrew Bell pulling his usual trick, I hang on. Finally, I take a detailed look at Ince Group (INCE), where I am now 90% vindicated, with the shares crashing to c. 5p. I await an apology from its PR man, who suggested that, at 52p just before Christmas, I was wrong to be such a bear. To watch my next hat eating, go HERE.

1391 days ago

Tom Winnifrith Bearcast: Special Agent Dick Barton fecks it up

In today’s podcast, I suggest 3 questions you should ask of a certain speaker at UK Investor, and I shall be very proud of anyone who has the nerve to do so! I look at Eurasia Mining (EUA); Kavango Resources (KAV), run by flip-flop, Ben Turney; Strip Tinning (STG); Deepverge (DVRG); Audioboom (BOOM); and Nanosynth (NNN), where I slash my target price to 0.1p. 95% of you have yet to donate to Rogue Bloggers for Woodlarks. Come on, I am sure you can spare a tenner – please do give HERE.

1397 days ago

Kavango Resources: Would Ben Turney of old slate this slick promoter for sophistry or worse?

In the old days of editing this website, flip flop Ben Turney would skewer penny share promoters for deceiving investors. These days, flip flop runs Sub Standard Listed Kavango Resources (KAV), which today raised £750,000 at 3p, Friday’s closing offer price.  The RNS is bure bunkum, but there is worse.