Kemin Resources Share Discussion Threads

[induna123] 08/6/2015 12:50

Good spot TOP, we've had a seller for the past 6 months, the only reason the price has fallen, as you can see, very illiquid stock.

[topinfo] 08/6/2015 11:57

"these two projects are currently amongst the most exciting molybdenum and tungsten projects awaiting development in the world".

[topinfo] 08/6/2015 11:57

KEM-News soon on CPR

-- Robust estimated project economics with NPV of US$1.55 billion for the two projects applying a 9% discount rate, adjusted for inflation


Altynbek Orynbassarov, COO of Kemin Resources, commented "I am delighted to update the market on our pre-feasibility study, which provides critical reassurance to enable us to progress swiftly to a definitive feasibility study and ultimately the future development of the Drozhilovskoye and Smirnovskoye projects.

"Most significantly, the updated resource estimates and enhanced NPV are confirmations of our long held belief that these two projects are currently amongst the most exciting molybdenum and tungsten projects awaiting development in the world. We have the opportunity to develop substantial rare metal projects that will, in our view, deliver significant long term profits to our shareholders in the years ahead."

[topinfo] 08/6/2015 11:56

Yes Jimmy would be nice

[jimmyloser] 08/6/2015 11:47

Yes, I read the last two years at 2am local time this morning and just waiting for the report to be released.

Fingers crossed

[topinfo] 08/6/2015 11:44

KEM look at mkt cap vs

Fair value right now gotta be 20p+ at very least IMO

The two projects have robust estimated economics with a combined NPV of US$1.55 billion, applying a 9% discount rate adjusted for inflation.

[topinfo] 08/6/2015 11:37

KEM has 174 Million shares and 156 Million are not in public hands. So only 18 million in free float, wow this will move really quick on volume and/or good news

[jimmyloser] 08/6/2015 11:23

I reckon that the overhang finished last Friday

Bought earlier to start the run.

[topinfo] 08/6/2015 11:20

Just look at tiny free float KEM, its only got 18 mill shares in free float wow
NPV is $1.5 Billion vs tiny mkt cap

Not for long

[topinfo] 08/6/2015 11:15

KEM was over 70p after consolidation.

[topinfo] 08/6/2015 11:13

Topinfo ‏@TopTradersADVFN 1m1 minute ago

KEM-Wow this will move on volume. 174 million shares in issue and 156 million not in public hands. NPV is $1.5 Billion. This should be £££;

[topinfo] 08/6/2015 11:12

Ive just bought these today, this looks far too cheap.

Topinfo ‏@TopTradersADVFN 3m3 minutes ago

KEM-This is interesting me only 18 mill shares in free float, NPV of mine $1.5 Billion and mkt cap £5 million. Fallen alot, Im buying here.

[jimmyloser] 28/5/2015 18:16

No, that was a put throughWe have little interest and a determined seller.Every time I buy a tranche the seller fills the holeOddly, the buy of 50k didn't get filled but they then had a string of tiny sell trades and dropped back to 2.25It appears that the share price is currently of little matterIt all comes to he who waits. A l o n g term play methinks

[induna123] 28/5/2015 17:55

2.4m at 3.25. Is that what's been dropping the price for the last six months?

[induna123] 21/5/2015 12:44

Yeah I'm still here. Waiting for this one to spike upwards. It only takes 1 day out of 365 to make a profit.

[jimmyloser] 08/5/2015 13:43

It all comes to he who waits?


Reserves and resources to be restated according to internationally accepted JORC standards. International consultants Venmyn Deloitte are expected to complete an independent Competent Person's Report (CPR) and Definitive Feasibility Study (DFS) for the Drozhilovskoye and Smirnovskoye deposits during 2015;

[jimmyloser] 26/4/2015 11:57

Kazakhstan is voting in presidential elections, likely to extend the 26-year rule of President Nursultan Nazarbayev for another five years.

His two opponents are both seen as pro-government.

President Nazarbayev has been campaigning on a promise of economic and social stability in the oil-rich Central Asian state.

Human rights groups accuse the authorities of systematically repressing the opposition.

Elections had been due in 2016, but President Nazarbayev, 74, announced they would be held a year early in what some see as a move intended to halt speculation about any possible successor.




A former Communist politburo member, Mr Nazarbayev has been president of Kazakhstan since before it became independent in 1991 following the break-up of the former Soviet Union.

Some 9.5 million people are eligible to vote in the vast country, which has extensive borders with both Russia and China.

[jimmyloser] 02/4/2015 15:43

Now added.

[jimmyloser] 02/4/2015 14:40

I am a holder and plan to continue adding here.

[scyther] 02/4/2015 12:28

Any holders still holding?

[jimmyloser] 05/2/2015 15:11

We have had a big seller. I have been buying steadily but was intrigued to see such a small trade tick the price up.

Is the overhang over?

[induna123] 05/2/2015 14:48

I'm back in. The fall from 12p to 3.5p was based on nothing. They still could be sitting on a huge resource and with this stock being so illiquid it should spike.

[jimmyloser] 03/2/2015 10:09

I've played!

Some depth in that overhang.!