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[donkey40] 04/6/2018 22:48

Well his opinion is his opinion, which he is entirely entitled to. Maybe he will learn to respect other people’s opinions on other subject matters.

But knowing the leopard’s spots, I have good reason to doubt on that.

[murraybasin] 04/6/2018 21:16

I've spoken to the rest of the industry. Honestly! An overwhelming majority remain laid back. I suppose it is because they are all clueless? As I said, benign. Keep sticking to your opinion. It is yours. But it doesn't have much sway or basis in the industry.

As to your side, etc, I'm not siding with anyone. You are someone who viz KMR doesn't know what he's talking about on many fronts and I really wonder how true that is of TLOU as well. TLOU is relevant here only because you are tit-for-tat posting on KMR and have no other genuine interest. If you know as much about TLOU as you do KMR nobody should follow you on TLOU because your lack of depth is almost criminal.

The first guy pulling the narcissistic sociopath card is usually closest to the narcissistic sociopath definition.

On being illogical, precisely what I said. Do you want to parrot exactly what I said or have you something new to add? Given you're history I suspect you are highly unlikely to ever offer something we (and the market) doesn't already know.

Nothing happen? All TIO2 stocks plunged when the French did their own thing? Not.

[wheniamfree] 04/6/2018 15:41

I’ll stick to my opinion thanks Murray, as you stated a while back - nothing was going to happen, whereas case in point it begins already!

Now particle size is irrelevant in food stuffs but still it is an outright removal. Why do so (regardless of particle size) if it is of no concern? Seems an illogical way to respond surely. Or, perhaps it is a concern after all they seem swift in their response - end of 2018 with changes being made already?

As for my cohort yes, interesting that you side with a narcissistic sociopath who can’t help but lie. Still that’s another story.

You seem dismissive on the TiO2 risks and changes (shame that the rest of the industry aren’t as laid back) - I wouldn’t be either.

[murraybasin] 04/6/2018 14:52

Your opinion is your opinion. Your opinion, is a very badly informed opinion.

ECHR have told the French they need to go back to the drawing board with their tests, given they are neither valid/conclusive in their own right, and also leap to a singular conclusion for all TIO2 particle sizes, of which there are many.

The French have decided to ban TIO2 in foodstuffs (a negligible part of the market), but the CARC 2 designation which is benign anyway, is back at square one. Here's how that looks:

1. French have tests that show that overwhelming laboratory rats with massive airborne suspension of TIO2 nano-particles *might* lead to cancer.

2. There is no evidence to date (and there have been studies) that TIO2 in foodstuffs is anyway harmful.

3. French ban TIO2 in foodstuffs on foot of #1.

That's a bit of a leap of logic, sort of like some of the leaps of logic you are making with your posts here.

So, you are welcome to your particularly badly informed opinion. There are other things you are wrong about also, including grades, and growth. There are higher grades, increased production capacity, lower unit costs and increased revenue and margin coming down the line. The capital plan is not purely about standing still, it is part of the track for running down the current lower grade ore-body and migrating to one (or two) higher grade ore-bodies which have already been proven up.

You'd do well to properly inform yourself rather than peddling a few ill-informed facts and make yourself look a fool against people do know what they're talking about. And I'm not referring to myself, rather, the cohort who looked at your rubbish and decided it wasn't even worthy of a response.

If this is the kinda of logic you apply to your TLOU investment, people ought to be very wary.

[wheniamfree] 04/6/2018 13:51

Your belief Murray, I shall have mine.

It does appear that the motions against TiO2 are however turning sour. This is just the start, European legislation and review will spiral this once its applications across many other uses are considered.

Food, pharma, paints etc. It’s usage is wide, I see you dismissed my previous thoughts on re-categorisation, interesting really when it shows things are already moving. The rest of the EU will likely follow suit - legislation on methods and usage will be addressed, very naive if you think this has no bearing on end product prices and in turn feedstock prices.

And so it begins..

[wheniamfree] 04/6/2018 10:20

Now, whilst you seem to refer to TiO2 as a food only issue, I beg to differ.

The removal of the substance from food will begin the waves of removal from other products including pharmaceutical and also will bring in to question the manufacturing paths and methods.

Couple that with labelling and warnings and it will have an adverse effect on TiO2 as a whole. It is not just me who thinks this donkey, the company themselves stated it’s effects as do those who are looking at the case and those who may appeal.

Adverse effect to TiO2 its feedstock and it’s market. Bury your head in the sand if you wish, this is just the beginning I feel.

Now we go back to the diversification of Kenmare (or lack of it) - I see historiy repeats itself. Now given KMR can’t rally any belief in the height of a cyclical market what do you think will happen when it turns down?

What are their operating breakeven costs now that they are encountering low grades which still continue to fall? Another $19m already being spent to tread water.

[donkey40] 04/6/2018 08:34

Murray - he is off again of his tangent. I imagine the global supply chain for TiO2 will now crash and burn. Maybe one day he will figure out humans don’t eat paint. Although I suspect he sniffs the substances going into its manufacture.

I am putting him on filter, since it isn’t possible to discuss or debate with one-eyed idiots.

[wheniamfree] 04/6/2018 08:07

Taken from a Kenmare RNS no less;

“TiO2 European Union Regulatory Risk

Risk:� Pursuant to the Regulation (EC) No 1272/2008, the Classification, Labelling and Packaging Regulation, an EU Member State can propose a classification for a substance to the European Chemicals Agency ("ECHA"), which upon review by ECHA's Committee for Risk Assessment ("RAC"), can be submitted to the European Commission for adoption by regulation. On 9 June 2017, pursuant to a proposal on behalf of France, the RAC concluded that titanium dioxide be classified as a Category 2 Carcinogen as suspected of causing cancer (through the inhalation route). The opinion has been provided to the European Commission, who will evaluate and make the final decision on the proposed classification. The titanium dioxide industry intends to enter into dialogue with the European Commission in connection with that process.

Potential impact:� If the European Commission were to adopt the proposed Category�2 Carcinogen classification, it could have an adverse impact on market demand for and price of our ilmenite and rutile products.”

Even the Company factor this so I’d pay no attention to our self proclaimed and resident expert Donkey.

[wheniamfree] 04/6/2018 08:03

Classification of titanium dioxide as a carcinogen could have major consequences for related substances too.



And so it begins with France....oh dear. I suspect others will follow suit and so will outlay the fear of Titanium Dioxide, now what do we suppose that will do to the prices along with prices of required feed stock? Ouch.

[wheniamfree] 03/6/2018 21:18

Hey you mentioned Tlou not me, I’m just evidencing the point that you have no idea what you are talking about despite your claims that you do.

As for who is losing? I still refer you to +25% ROI to -99.8% ROI with Kenmare the latter and for those who obtained Tlou stock at their lows, well we are over 100% up but yes, we must be losing if you say so lol.

Tlou employs more that 14 staff so another little lie there I see. Now, wasn’t it only yesterday you called mozambique a basket case?

What a silly boy.

[donkey40] 03/6/2018 21:14

Please post an opinion. Talk about the stocks and the companies. And talk sensibly, rather than your petty vendetta. You are losing hands down over on a Tlou, and you think if you come here and lost the same sh1te somehow that balances it up. It doesn’t.

This is Kenmare Board. They been there over 20 years, with MEGA insurance from day 1. Security from day 1. No major security issues from day 1. Been there since day 1 when the country was in the final throws of civil war. A showcase project for the country that the Mozzies are ticker proud of. A project that once upon a time was the largest tax contributor to the Exchequer. One that employs 1400 staff, most who are now locals. (Talk to me when Tlou employ 14 FFS.)

So please behave yourself and stop behaving like the clown at the circus.

[wheniamfree] 03/6/2018 00:32

Posting research donkey, you should give it a try instead of your usual posting lies.

Regardless, I would think many who had any sense would see the risks for operating in such an environment.

As for cross board posts, pot kettle black.

[donkey40] 03/6/2018 00:28

Yes I agree - every investor should sell anything and everything with a hint of Moz involvement. And probably anything in any neighbouring country to Moz, just in case contagion spread cross border.

Mate, stay on the Tlou board. Everyone there knows you are stupid; you don’t need to embarrass yourself in front of a whole new group of switched on folks. Honest, do what doesn’t come naturally to you - just stay away/ quiet !!

[donkey40] 03/6/2018 00:23

Oh my God. It’s awful. Thanks for letting everyone know !!

[murraybasin] 31/5/2018 21:52

I see these guys are still at it. Some of them are bordering on funny.

[murraybasin] 31/5/2018 21:04

I'm not getting the connection with how being from the Northern Territories and Return On Investment are somehow connected. Is this some sort of UK/BREXIT thing we don't understand?

[murraybasin] 31/5/2018 20:06

Inclined to agree. 6 weeks weeks+ to H1 production and August before H1 financials. Trade war and currency war in the mean time. Irrespective of whether or not we do $50m o/m for H1, there are broader headwinds to contend with. Not because the company isn't worth more, simply because if things get sticky funds will sell indiscriminately. That's what already happened in April/May.

[donkey40] 31/5/2018 17:42

I sense we are likely to drift down/out with the tide for next few weeks. 210p could be tested again, as well as our patience and good humour.