Share Name Share Symbol Market Type Share ISIN Share Description
Kemin Resources LSE:KEM London Ordinary Share GB00B8T2QJ39 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 5.375p 5.00p 5.75p 5.375p 5.375p 5.375p 0 07:42:27
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -0.4 -0.3 - 9.40

Kemin Resources Share Discussion Threads

Showing 826 to 849 of 850 messages
Chat Pages: 34  33  32  31  30  29  28  27  26  25  24  23  Older
DateSubjectAuthorDiscuss
18/10/2017
08:39
Jimmy, you are right but I will not say my entire life depends on the success here. I still have core holding here but I have sold those I bought at 2p, more than double my money and have bought GKP, hopefully at the bottom.
shareho1der
11/10/2017
20:50
My take is that we have more news to come in early 2018. It is clear that they are finally talking this up after years of silence. They have told us that they are sitting on large stocks of valuable metal and they either have or are about to receive the licences. They have hammered home the fact that they will be raising cash. They certainly know exactly what they are doing and what needs to be done. I have been patient and will stay that way. I feel very strongly that I am sitting on the biggest pay day of my life. I am relaxed either way impo/dyor
jimmyloser
11/10/2017
19:20
Yes agree, but we don't have the conversion price to shares - can't see the rns for this in April 2013 But how will they pay back £4.5m in May 2018 with no cash flow due? Possibly they may extend the loan maturity date or do some placing - not sure if the market will agree this just to repay the loan / part re pay
euclid5
04/10/2017
09:09
Euclid. I thought that means if the company did not do £5m placing from now until May 2018, then the loan drawdowned will be converted to Europe equity on that date -May 2018 but at what price ? that is anyone guess? The agreement was put in place to stop the company carrying out placing unnecessarily, in my opinion.
shareho1der
02/10/2017
19:58
Beggars belief, how is this allowed, the un- flipflop from GMA cost me a left nut! Jail time may cure this madness. BWTFDIK sideshow
sideshowbull
01/10/2017
18:27
Jimmyloser, have you seen the below in the recent co's news? "Under a loan agreement dated 10 April 2013, Amrita Investment Limited (a company incorporated in the British Virgin Islands and ultimately controlled by the Assaubayev family) made available a facility of £7,000,000 on an unsecured basis. This was to be applied towards the Group's working capital requirements and the settlement of debts due of the Joint Venture Kazakhstan-Russian Mining Company LLP (KMRC). There is currently approximately £4.5m available under this facility. The loan bears interest at LIBOR+5%. The loan is repayable on the earliest of the fifth anniversary of the agreement or of the fundraising completion date in respect of any equity fundraising which raises at least £5,000,000 (before expenses). At this point the Lender may choose to convert the loan into the ordinary shares of the Company at the conversion rates stipulated within the contract" https://www.investegate.co.uk/kemin-resources--kem-/bus/half-year-report/20170927070000Z2901/
euclid5
28/9/2017
12:01
I am so glad the herds didn't come here to pump this up.
shareho1der
27/9/2017
09:19
Well done, Jimmywinner
shareho1der
27/9/2017
06:10
As I said...............FANTASTIC PROGRESS, but just how much is Lithium? and how much is copper? jimmyloser 21 Jul '17 - 21:09 - 824 of 825 0 0 Edit My thinking is that will leap (relatively speaking) in a few weeks.....for the first time I get the feeling that finally they wish to take the brakes off....we shall see!
jimmyloser
09/9/2017
08:56
HNR - TWO wells successfully drilled with abundant oil and gas in samples extracted! Fracking and FIRST OIL next month! Don't miss this train!
happyholder123
21/7/2017
20:09
My thinking is that will leap (relatively speaking) in a few weeks.....for the first time I get the feeling that finally they wish to take the brakes off....we shall see!
jimmyloser
21/7/2017
19:50
in a few months it should increase in value, just wished they stated the resource figures for the Copper & Lithium....we shall see
euclid5
21/7/2017
05:48
Euclid Thank you for your response. I understand and agree with your overview. I have however been around long enough to read this sentence as a pre-cursor. "However dependent on future plans and in particular the setting up and operation of a test plant, further funds may be raised through equity/debt finance" The last three words of that sentence are a licence for someone to make good money. If there is any doubt it will be debt. If it is a racing certainty it will be equity. impo From every angle that I read the last RNS this is one to be holding, I really do have very high hopes here.
jimmyloser
20/7/2017
21:32
JimmyL "The current cash balances and availability of further draw downs (£4.5million left to drawdown) on the Amrita loan facility if required, provides sufficient funds for the company to continue to meet its current obligations, and finance the exploration and evaluation programs" "As in the past the Company will continue to benefit from the backing of its major shareholder, which has once again indicated its support for the current strategy and will provide finance as and when required. The Board are grateful for the understanding of its shareholders and anticipate that shareholder value will grow in the future as the projects continue to develop" "The costs of the work programs for both sites total approximately £2.6m for the two year license period. As stated these are to be agreed with the relevant authorities. This principally represents costs for drilling and testing, particularly for the new minerals identified. Office and administration costs are budgeted to be in the region of £0.7m. The Company has sufficient cash resources available under its current facility arrangements with Amrita (£4.5million of which is still available for drawdown) to perform the work programmes as currently specified. However dependent on future plans and in particular the setting up and operation of a test plant, further funds may be raised through equity/debt finance" https://www.investegate.co.uk/kemin-resources-plc--kem-/rns/final-results-for-the-year-ended-31-december-2016/201706081826266030H/
euclid5
20/7/2017
21:29
Keya, I did read that section, however their comment is very generic. They haven't stated the actual resouce figures based on drilling results, that's all plus many Aim mining co's are spinning the " we are investing into a Lithium mine / asset" Their other assets are valuable although depends on the price per tonne they have actually used as the CPR cash flows mentioned $40k & $50k per tonne so their upgraded resource figures & the $1.5b is most probably calculated on these 2 $ figures per tonne. However that resource is currently selling for $15,500 per tonne
euclid5
16/7/2017
10:51
I am now a substantial PI holder of shares in Kemin and believe me patience has been needed. The latest news releases are in my personal opinion the pre-cursor to action and also sizeable fundraising. I am prepared to hold tight and set a timeline of another two years before rewards. However rewards here could come any day now with the news of the licences being imminent. I find it quite exciting. all impo/dyor and keya5000....excellent stuff
jimmyloser
16/7/2017
08:43
Took a picture of the page. "the deposit also contains substantial amounts of bismuth, beryl, lithium, rubidium, cesium,copper, gold and silver"
keya5000
16/7/2017
08:36
Euclid read the AD a few months back it does state significant amounts of copper and lithium. Will find the page number
keya5000
16/7/2017
08:35
http://www.bbc.co.uk/news/resources/idt-sh/new_silk_road
keya5000
16/7/2017
06:26
This is very interesting, no wonder they have upped the communication about Lithium.. https://tradingeconomics.com/commodity/lithium
jimmyloser
14/7/2017
20:48
I actually expected us to get confirmation on the new two year exploration licence with the AGM statement today
jimmyloser
14/7/2017
19:23
how much lithium & copper have they in resources - read the CPR - can't find anything on these 2 minerals Page 41 to 99 hxxp://www.keminresources.com/docs/AdmissionCL04.02.13.pdf Plus the NPV think they based that on molybdenum at $40k per tonne - when currently it's $15,500, based on their cash flow forecast estimates in the CPR - so at $15500 = 39% of the NPV = $589m / 1.30 = £453m NPV hxxp://www.lme.com/metals/minor-metals/molybdenum/ The two projects have robust estimated economics with a combined NPV of US$1.55 billion, applying a 9% discount rate adjusted for inflation. Capital expenditure is estimated at $267.4 million for both projects hxxp://www.keminresources.com/about-us/company.html Have they done drilling to prove up the resource estimate for the Copper & Lithium, perhaps they have, perhaps not - but overall a goodish investment
euclid5
14/7/2017
06:06
AGM today.....the price of Lithium has risen over 20% so far this year!!
jimmyloser
06/7/2017
07:12
Volvo news.... It looks as if the world is going to need one 'hell of a lot' of LITHIUM. Now, I wonder where that will come from?
jimmyloser
Chat Pages: 34  33  32  31  30  29  28  27  26  25  24  23  Older
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