Kennedy Venture Share Discussion Threads

[mikeh30] 03/5/2016 20:40

Lithium Namibia http://www.proactiveinvestors.com.au/companies/news/68189/walkabout-resources-ltd-steps-up-into-lithium-in-namibia-68189.html

[qs99] 29/4/2016 15:17

interesting one, just come across this....long-term buy and tuck away with the "risk" side of the portfolio me thinks...

[mikeh30] 27/4/2016 08:34

Yes looks positive to use his own vehicle to fund it.News flow increasing here and still well under the radar

[ridicule] 27/4/2016 08:14

Today's RNS looks promising. There is clearly some keen interest in the Lithium possibilities if Giles Clarke is prepared to use his vehicle provide an unsecured loan to follow it up. We just need to see the shape of Tantalum cash flows now that production has started.

[oilbuy] 19/4/2016 07:48

$191 per kilo. Fantastic price increase. For some reason the price always drops around Christmas but I wasn't expecting $70 per kilo increase.

[mikeh30] 15/4/2016 08:07

So at 9000lb a month target income will be roughly $775000 pcm.

[ridicule] 15/4/2016 07:53

At the end of March 2016 Tantalite was trading @ $191/KG. On this basis, presumably the first shipment of 285 kg would have produced circa $54,435!

[mikeh30] 11/4/2016 12:56

15p is easily achievable. Lithium is gaining interest across the markets are it looks like there could be a cracking resource at TVM.

[horneblower] 11/4/2016 12:55

At last this is starting to move.
My target is 15p.

[ridicule] 07/4/2016 07:44

At least taking the options up shows belief on what is just around the corner!

Strong tip in today's Shares magazine.

They make the point that, in just over a year's time, revenues should reach $8.8m per annum whereas the market cap today is just $9.1m. Buy now before the secret gets out is their mantra. This may produce some buying today!

[scyther] 04/4/2016 12:51

Buy at 1.25 and sell for 5p Nice work if you can get it

[bigwavedave] 04/4/2016 11:34

It is for them!

[muddystone] 04/4/2016 11:30

RNS just out with Giles Clarke and Nick Harrison exercising options for more shares. I'm a bit of a thicky at all this.......is that good news?

[mikeh30] 31/3/2016 08:45

I'm sure all will be revealed in upcoming news which will show us to be cash flow positive.Also encouraged by them taking steps to reduce any further delays in production.

[ridicule] 31/3/2016 07:51

Agree mikeh30 but it is unclear how much Tantalum is actually derived per ton of ore to be sold to the off take partner.

[mikeh30] 31/3/2016 07:39

Agree lithium results could be great news.Also in there:"We are encouraged to note that an independent study had confirmed that the estimated resource of the mine stands at 843,000 tonnes grading 490ppm Ta(2) O(5) ."

[ridicule] 31/3/2016 07:33

Very vague on post period cash flows in today's RNS which is a disappointment. They have clearly had problems with the weather, but it is a relief to see deliveries have now commenced. The news on Lithium could prove to be very exciting!

[cloud9surfer] 30/3/2016 09:30

Production news is probably going to be included with yearly report, expected tomorrow. This share has held well given the management, although having a proven track record, have been a bit quiet of lately with rns release!! Still a good buy at this price given amount of shares in circ. IMO this will move for sure when news does arrive!!!

[andrbea] 29/3/2016 14:18

'results are due on 31 March'

[mikeh30] 29/3/2016 13:53

Indeed. Hopefully the start of things.

[andrbea] 29/3/2016 13:51

a bit of blue

[ridicule] 23/3/2016 18:18

The BoD are handling investor relations very badly. They make an announcement that a seminal event will take place at the end of February that moves the Company from explorer to cash generator, explaining why there was a delay from the original date when production take- off would begin. The end of February comes and nothing is announced!

Why issue the first RNS if, when what it states will happen does not apparently occur. It is very bad form that they cannot be bothered to issue a second RNS explaining what happened at the end of February. It is particularly galling, given results are due on 31 March and I was considering a top up ahead of them on production off-take news.

[mikeh30] 22/3/2016 20:16

Let's hope it's worth waiting for.

[cloud9surfer] 22/3/2016 16:52

Production news/rns is well overdue.