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Kennedy Venture Share Discussion Threads
Showing 1026 to 1049 of 1050 messages
|solar energy production tied to lithium storage - ideal for africa i would have thought
|... and kod busy in Mali. so that's 3 AIM companies chasing lithium in Africa. Weird though, where are the gigafactories foe e-vehicles (not in Africa)?|
|might be interested to know rem have taken a position in asx:aou, auroch minerals, a lithium explorer in namibia also. worth keeping an eye on their future drilling announcements, either via rem rns or via asx/hotcopper.|
|cheers ridicule and I agree....not sure what not to like at the moment, but still very risky as you say due to fact there are few hard facts on forecasts. Can't take much for the company to sort a broker out to write one surely?!|
|The share price is going to struggle with momentum without some firmer P&L information. I have heard that Tantalum is on a circa 30% margin - $8.8m x >.30= $2.64m profit pa. With only 120.46 shares in issue this equates to around 2.2p per share. Take a pe of 12, not unreasonable with the Lithium prospect not priced in, and we get a share price of 26.4p!!
With many miners at this stage, further dilution would be an investment threat, but Kenv is on the verge of being cashflow positive with the key investors having skin in the game.
Difficult to see the investment logic of those selling today, other than for a quick trading profit.|
|well IMO with that open, they said lots of good things?! DYOR
anyone there care to report back@?|
|be good to get some feedback if anyone is going please>?|
|Is anyone on here attending tonight?|
|be interesting to see whether tonight generates any buying (or selling!) interest tomorrow....|
|Cash flow positive in very near term, using cash to fund Lithium production, so I agree, why not do both.
the piece missing is where is a broker forecast? What numbers are the board to be held accountable for? Any clues anyone?
Happy to continue to hold as delivering to plan...IMO
|The lithium is piling up as a result of the tantalite mining, seems sensible to do both to me...It's literally lying around, once equipment is installed, they may as well process and sell...obvious|
He's jumping too quick to justify "value" in "lithium assets" whilst leaving potentially a good chunk of the unproven tantalum as a "stranded asset". Why not grow that cashflow first? Doesn't make sense. How much growth and how long does that stretch. He said 200 years' production, at 8.8mil/pa? His license is 25 years. So why not ramp up production?
I would rather realize first how much the tantalum is worth. You are paying for a non-free cash flow business given it all gets ploughed into lithium exploration. It sounds promising but:
A) I don't know still what the tantalum asset is worth, neither does he seem keen to prove it up. What are you paying for?
B) I like a good capital allocator besides a prospective asset, basics of commercial success.
He is growing the company's "accretive" value in the wrong way. And finally, I am not a fan of his cross holdings and other continual ventures, gold here, precious stones there, tantalum one moment, lithium seeker the next.
Just my opinion.|
|Looking good thanks for updates|
|citywired Why would they not use cash to exploit the Lithium opportunity?
Hard numbers are difficult to come by, but recent estimates are as follows:
On reaching full production
Monthly output 9200lb of tantalum concentrate
Price per lb $80 =$736k monthly $8.8 million per annum
This is a lot of cash and there are no plans to pay dividends.
They also have 5 further tantalum mining sites in their sights, as well as some tantalum blending arrangements where radioactive tantalum mined elsewhere is blended with Kenv tantalum so that it meets the international radio active levels that are cleared for transportation.
This is rare miner that exceeds expectations and I cannot understand where you are coming from.|
|Said all the right things, but didn't really give enough flesh. I am concerned about the strategy..
Why use cashflow to fund the Lithium project when I would prefer a full appraisal and valuation attached to the tantalum. Allocating capital away from the known asset is illogical given that's the current cash cow.
Also didn't know enough about the exiting business but to do so at the valuation KENV got in at, I am suspicious. Maybe this is just a corporate career for the company to take all cashflows and gradually burn/pay out in director fees.
Might think about it, but for the price to have moved +154% in 3 months is too rich a price move. I won't chase it with lingering doubts about management.
Especially after last night's presentation, today was an immediate +17% share price move, not entering as liquidity is squeezed.|
|Presentation from last night now on website, it's good, Li JORC resource intended H1, cashflow positive by Q2 as already intimated, no significant funding req'd (doesn't actually say none), lithium development to be funded from cash flow, Re-rate expected upon positive cash flow. Allays my fears of another lowball raise, happy with that.
|Indeed. No doubt tw will plug if thinks a winner IMO...
Looking very strong IMO this morning so far.|
|It's changed its name 3 times since listing in 2006. Bad history back in the day. Cash cow for the ceos.|
|Should get an update in Shares Mag this Thursday regards tonight's company presentation....Kennedy was flagged in the mag sometime ago as meriting a massive re-rate upon commencing production.....well, not only are they in production but they shall also be capitalising on the Lithium resource from Q1 2017.....Very pleased with the progress here....|
|maybe the next lithium play is kod
|10p is where it should be right now expect a rise towards there folks!!!|
|Time from company formation to the prospect of full production is very short in mining terms, so hats off to the directors!
Compare it to another lithium play, bcn, which has been on its Mexican site for ages (since 2010) and is still talking feasibility studies.|
|Just topped up a further 100k :)|