It is an interesting addition to the () portfolio: a joint enterprise on two copper exploration licences just a number of kilometres absent from the ground famously labored up by MOD, Steel Tiger () and Sandfire ().
The formal joint enterprise was signed in mid-February next an preliminary memorandum of comprehension that was agreed in September of 2019. But it is not most likely to stop there.
“We’re in the system of placing jointly very a sizeable land deal in that area,” suggests Kavango’s chief executive Mike Foster.
“We have designs to prolong our ground keeping even more.”
Partly that’s for the reason that of the enormous prospectivity of the areas Kavango is focusing on, but it is also for the reason that of the optimistic reception the shift has obtained in the market.
Following all, traders are only also cognizant of the change Steel Tiger was able to make