Kenmare Resources Share Discussion Threads

[donkey40] 03/10/2018 14:40

Ah, now I understand. This cross-pollination can be entertaining at times. Shame the OUT in reverse muppets are scared to play such games. They really are most insecure individuals; either that or just not very bright.

[murraybasin] 02/10/2018 22:34

Whatever. Someone busy plagiarizing TA also. Not my cup of tea but I guess I can handle it.

[murraybasin] 02/10/2018 19:55

Flirting with break-out.

[murraybasin] 29/9/2018 00:26

IndMin:

Cristal mineral sand operation disrupted by equipment failure

Thursday, 27 September 2018

A section of Cristal Mining's Ginkgo heavy mineral sand floating wet concentration plant is below water, with no indication yet on down-time or how this may affect the miner’s rutile and zircon production.

[donkey40] 28/9/2018 21:21

Is this a recent development ?

[murraybasin] 28/9/2018 19:35

I see Cristal have the world's first submersible WCP. Could put the brakes on their Ginkgo operation for a while.

hxxps://mineraltechnologies.com/completed-projects/bemax-ginkgo-australia

[donkey40] 28/9/2018 17:58

End of a quarter and I suspect market makers positioning themselves with some stock ahead of the CMD jamboree. I think Sept trading range will be 245 - 285p range. We might see 300 tested but probably slip back after a few days. I still think the action won’t really get going until February next year.

[murraybasin] 28/9/2018 14:35

"Ticking Up" ... it'll come.

[donkey40] 27/9/2018 23:24

Any chance this party could get going soon

[murraybasin] 20/9/2018 20:49

I doubt anyone cares. Prolific occupation with message boards is a past-time that can invariably not lead to any benefit whatsoever. If there are a handful of investors with the foresight to see where KMR is going then fair play to them. Heavy Mineral Sands is hardly headline grabbing. The delta between KMR's actual and prospective should be. Probably USD 120m-150m EBITDA coming 2019-2020, completely lost on the market at the moment. Press talk of price softness for ilmenite is in the region of USD 5-10/t, no major slides, which is what the market is nervous about. Reality is, Chinese prices are holding up. If you're on a 2-3 year horizon there's not much point in monitoring the boards and the trolls in the interim. That will take care of itself in due course.

[donkey40] 20/9/2018 12:55

Oh no, that BF chappie has been deleted from LSE. I reckon he and NoSir were one and the same person - his Ying and Yang, his alter ego. And now that the share price is set to motor, he exits his Bull profile and remains as the negative profile. Clever ... that will confuse everyone.

[donkey40] 19/9/2018 09:07

There 1% is only 1m shares - that leaves another 8m shares unaccounted ....
somebody is being tardy.

[murraybasin] 18/9/2018 21:24

Probability here is that Majedie haven't sold down 1%, rather, they are in the process of selling down ~ 9%. There was a hint earlier in the year that they had a new fund manager who was re-ordering his portfolio, not for any specific issue with KMR, just in the general sense.

Might well be that one or more of the MMs has Majedie's shares and the reports are only coming in as they are off loaded in the market.

Positive here is that it will move up the free-float (technical) closer to 22%. That's needed to allow the share price behave more normally and reduce the 'nuclear' effect.

So, EIB still in, Majedie out? Probably gives more confidence in EIB's position also.

[donkey40] 17/9/2018 12:53

Yup, I know. Mostly gibberish though - as there is little real info in the numbers.

Same as for Iluka pricing data - their zircon pricing had little relevance given that we never knew extent they rebated back out of their top line numbers.

It is also clear KMR ilmenite pricing runs well below these (for me) pretty meaningless market pricing trends. Either they get high pricing and loss a chunk in shipping, or the net after shipping cost is well below the bell weather numbers.

These BBs have lost most of any appeal for any sensible reasoned discussion with anyone these days. Here or elsewhere. Just a bunch of wannabe gobs thinking they could do a better job themselves. Boring really.

[murraybasin] 17/9/2018 10:03

It is, state of the nation, rather than forecast. Always useful to keep an eye on.

[donkey40] 17/9/2018 09:31

As always, the China market commentary is sharp, on point and on the money... WTFATTA ?

[murraybasin] 17/9/2018 09:02

Ruidao News: Released: 2018-09-12 17:10 Source: Ruidao Metal Network


In the third quarter of this year, the overall performance of the titanium dioxide market was weaker than that of the same period of last year. At present, the average price of domestic titanium dioxide is lower than that of the same period of last year by 500-1000 yuan/ton. It is precisely because the downstream titanium dioxide powder is cold, and some titanium dioxide enterprises reduce production due to environmental factors, resulting in lower demand in the titanium ore market.


Although two titanium white companies have announced the price increase, they have started from ten. The implication is that prices will remain stable in September. Before the downstream has not yet conveyed the positive driving force, domestic titanium ore merchants are still maintaining a wait-and-see attitude, and corporate quotations are flat.


Ruidao also learned that the current price of foreign mineral titanium ore is stable, resulting in no shortage of price for imported ore, and there is no intention for importers to actively reduce prices. Then the main determinant of the future domestic titanium ore price is whether the large miners in the Panzhihua area of ​​Sichuan can keep the price unchanged. From the current guidance price of the Panzhihua big factory, the stability is more significant.


At present, the 46% titanium ore mine does not include tax 1200-1250 yuan/ton, and the surrounding small and medium-sized miners 46 grade titanium mine does not include tax 1130-1170 yuan/ton. Vietnam A mine contains tax 1750-1800 yuan / ton; Australia mine, Mozambique mine Tianjin port tax 1500-1600 yuan / ton (more suitable for titanium slag and reduced titanium industry).

[murraybasin] 15/9/2018 09:00

800,000 shares traded 1/9 to 14/9. Gradual accumulation. Big "Cup & Handle" on the chart; a break-out indicator for a move up to a higher support, likely target ~ 340p area. I see it moving up before capital markets day on 16/10 providing a catalyst for more buying off a higher level. FTSE has been psychotic of late, Donald and Brexit. With all of this talk about dividends at the capital markets day, expect to be seeing one in 2018.

[murraybasin] 12/9/2018 22:21

Usual suspects, nothing to add, poorly informed.

[donkey40] 12/9/2018 00:55

Well if you are connected to the Murray Basin, does that mean you are coming back for a 4th bite at the cherry ?

Is interesting how punters now focus on net debt. Reality is there is zero right of set-off between gross debt and surplus cash. Rather the Lenders demanded that a cash buffer was provided for (and then built up) as part of the overall refinancing deal jn 2016 to provide for future unexpected speed bumps. Debt is still debt - and the Lenders want it paid off in accordance with the agreed payments plan of 9 capital repayments with no further excuses. By the time of CMD, there will have been 2 capital repayments with 7 to go. I don’t foresee dividend being paid before Qtr 3 2019 ie 4 down with 5 to go. Everything is on a slooooow burner - that NoSir chappie has a point when he said the BoD are milking it currently.

[murraybasin] 12/9/2018 00:07

Aug 21, 2018 232.00 239.00 230.00 235.00 235.00 9,438,307

Need some facts.