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Kemin Resources Share Discussion Threads
Showing 776 to 797 of 800 messages
|Molybdenum is primarily produced as byproduct of copper mining with annual supply of less than 270,000 tonnes a year. As a result, prices are volatile, but 2015 was particularly tough for the metal. An oversupplied market with low demand saw prices fall 49 percent during the period.
But the molybdenum market showed a strong recovery in 2016, with US ferromolybdenum prices increasing from a low of US$6.14/lb in January to a peak of US$9.39/lb in June. Despite this jump, poor demand from downstream industries led to US ferromolybdenum prices decreasing in the second half of the year.
The strong recovery in pricing has been led by better than anticipated stainless steel production in China, with the international Stainless Steel Forum reporting a 4.1 percent y-on-y increase in global output and a 7.9 percent increase in Chinese output in the first half of 2016.
Rising demand for molybdenum-bearing steel and chemicals is instead forecast to support a recovery in molybdenum prices from 2017, to around US$13-15/lb ferromolybdenum, Roskill reported.
It is hard to predict what will happen to the molybdenum market, as next year will be determined by China’s growth and how the steel industry continues to rise its demand for the metal. Investors should keep an eye on how oil impacts this industry, as new regulations could rise prices and help leave the worst days for trading molybdenum far behind.|
|Also bought a few, can't buy more tan 25k at a time now.|
|That has been me. I have been accumulating quite heavily for a few weeks. I have now reached the levels where I am no longer a buyer and will sit back and hope!
This could be years away but once it triggers I expect it to zing!
One can only live in hope here and they have been worth taking a position at sub 3.5p
I ask myself why they didn't suspend. Anyone have any thoughts?|
|I don't know why this share always rise late on Fridays|
|Not many shares about at all even after those sells!
Something cooking here.|
|Pap, is it another oxs?|
|See post 772....................update, more action to come!!!
|This has been kept down for far too long.|
|Picked up a few Kem this morning at 3p not much available to buy at that level MM's reluctant to sell. Spread ridiculous :-(|
|Stand by your beds, the crystal ball is indicating an interesting time.
|Some big boys holding here. Must be something in it.
|I believe this will recover back to the fair value|
|China's producer prices rose at their swiftest pace in more than five years in December. The producer price index rose 5.5% year-on-year last month, the National Bureau of Statistics says, far more than economists' expectations of 4.6%.
It marked the fourth straight month of price rises for goods at the factory gate after years of declines, and an acceleration from the previous month's 3.3%, raising expectations China's factories could put upward pressure on global prices through the supply chain.
"Some analysts worry the strong gains in producer prices may also be fuelled by growing speculation in commodities futures markets",|
|Tells u it's an orchestrated pump and dump|
|I hate people who only come out of the woodwork to post only when the share price is going up.|
|Lol surprise suprise no posts and shareprice down|
|Usual topinfo pump and dump trapping in a lot of mug spike chasers|
|Looking strong this morning.
|That post says it all!!|
|Not a pump at all!! Commodities are coming back. That's a fact
Awesome post by Graphite on LSE!!
I would say so!
-- The estimated contained metal value of both projects at current Mo & Wo prices, with 484.6kt of Mo and 81.4kt of Wo, comes to US$198.453B.
--That figure really is $198bn. Even if you are very cautious and state only 10% could be recovered the value then would be $19bn.
--Kazakh owned and run company so company is aligned with the 'local' interest.
--90% not in public hands.
--Last placement in 2014 was at 9p for £2m funded by a Kazakh investment bank.
--Hit 50p at the time of the RTO in 2013.
--Molybdenum & Tungsten now recovering from all times low.
--Historical high prior to the RTO of previous vehicle GCM resources was £4+
--Both metals they mine are key to the steel making process. China Silk Road and Trumps civil projects seemingly are rising all materials involved in this process. One expects both will continue on this recovery path.
--Strategic location in Kazakhstan. Rail links to China. (on the 'Silk Road').
--Support of large shareholders for working capital.
--One of the largest if not the largest metal resources on AIM.
--Comparable companies include AMC--Amur Minerals Mcap £80m. KEM £5.4m. AMC 600% up from year low, KEM c250%.
--Very tightly held.
--Tight share register with majority held by Kazakh Nationals who need multiples of today's prices for break even.
--Time to load up on companies like this is now, not when they have recovered to 20p+ in a few months.
AIMHO and I hope the above is helpful to folk who are new to the stock.
Off Topic No O|
|Let's all buy Rgm then on contained metal values rather than cash or ongoing catalysts. Lots will get caught on a spike here but anyway nothing to do with me.|
|That post is also by a legend on mining stocks, that fella will have forgotten more than some of the new age twitter chumps will ever know when it comes to small cap miners.|