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Share Name Share Symbol Market Type Share ISIN Share Description
Kenmare Resources Plc LSE:KMR London Ordinary Share IE00BDC5DG00 ORD EUR0.001
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  6.00 2.62% 235.00 230.00 233.00 235.00 229.00 235.00 9,244 16:35:18
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 204.3 37.7 30.9 7.3 258

Kenmare Resources Share Discussion Threads

Showing 24651 to 24673 of 25000 messages
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DateSubjectAuthorDiscuss
24/4/2019
10:00
With 109m shares in issue, EBITDA of $100+m forecast for 2019, a 2 year Capex of $145m ahead and gross debt of $65m and net cash positive, well I for one would welcome an equity issue to kill a decent chunk of the Capex. But I guess others with a more personal agenda would prefer to see things differently. With Kenneth approaching, and the aftermath of Idai, I would expect major lock down in place. If it hits, well the infrastructure is sure going to get a good old testing.
donkey40
24/4/2019
09:44
Oh and I see the hermit has come out from hibernation. As usual, he speaks but little on relevance or intelligence comes out. He is getting chirpy over on his favourite stock, after 2 more dilutions. 430m shares in issue; awaiting a 2mw award for a power plant that will take 2+ years to commission. He sure knows a lot.
donkey40
24/4/2019
09:41
The appointment of a joint broker indicates nothing about tapping the market. Company is paying off remaining debt and funding ongoing development from its own cash flow. You may have a beef with Donk's over TLOU but being a bare faced liar doesn't really help you any here.
murraybasin
24/4/2019
09:13
Murray, the wording is in the RNS. Their net cash flow is not enough to sustain development plans whatever way you look at it. They’ve been burnt once hence the destruction of shareholders and bailout placing wiping out nearly all LTHs. The divi is to entice income based funds and satisfy their criteria to introduce fresh blood and stimulate liquidity. Nothing more imho. The appointment of Peel this morning indicates a tap of the market is coming.
wheniamfree
24/4/2019
08:50
Michael is moderate, winds up to ~ 130kph. Idai (March) was intense, winds up to ~ 200kph. Landfall expected close to border with Tanzania, approximately 500km north of Kenmare's mine site at Moma. Two ships loading at Moma currently. ~ $100m EBITDA annually looks pretty sustainable for further development.
murraybasin
24/4/2019
08:05
I’m glad you picked up on my last comment donkey - I was about to point out the further likely imminent destruction. Probably not the best time to be passing the hat around.
wheniamfree
24/4/2019
07:55
Kenneth seems to be shaping up into a bit of a Monster. Hope everyone is well prepared and they come out ok on the other side. Oh and I see the hermit has come out from hibernation. As usual, he speaks but little on relevance or intelligence comes out. He is getting chirpy over on his favourite stock, after 2 more dilutions. 430m shares in issue; awaiting a 2mw award for a power plant that will take 2+ years to commission. He sure knows a lot.
donkey40
24/4/2019
07:49
“Kenmare delivered a 15% increase in HMC production to 358,700 tonnes (Q1 2018: 311,000 tonnes). Despite a 10% decrease in ore grades, which averaged 4.07% (Q1 2018: 4.51%), production benefitted from a higher volume of ore mined.” Mining additional tonnage on a falling grade requires additional processing costs and treatment ergo increased OPEX. The recent cyclone saw shipments reduce by a whopping 34%, have these now recovered? Doubtful since roads and docking/terminals will be under repair. When it rains it pours.
wheniamfree
24/4/2019
07:32
Peel Hunt now in the mix. Sounds like a cash call is coming, given cash flows aren’t sustainable for additional development. The grades are declining and stock piles are being used up to keep sales figures as growth it doesn’t surprise me. “2019 outlook Kenmare has delivered steady improvements in operating metrics and now has the solid foundation required to fund our growth plans. We will be assessing additional measures to enhance financial flexibility while we deliver our outlined projects, in addition to providing stability and protection against inevitable economic and commodity cycles.” Dillution, dilution, dilution.
wheniamfree
18/4/2019
12:09
You love each other really.
plat hunter
16/4/2019
22:41
Truly amazing what you know about me! And how often you talk about me. And apparently (in your world) I have a problem ..... Thanks for your concern. Next please.
donkey40
16/4/2019
16:26
I know donkey but you have a problem, you can never admit you are wrong. Possibly why your still here posting your words of wisdom whilst riding a 98% loss and trying to offer everyone else your advice elsewhere.
wheniamfree
15/4/2019
00:31
I’d be inclined to agree with you - but I been calling it a Buy for over 2 years.
donkey40
13/4/2019
09:21
It takes an outstanding genius to contradict himself in the space of one sentence. Not withstanding liquidity discussion, a good proportion of the lender shares are already gone, with EIB being the stick-in-the-mud. They are down marginally to 7.6m shares. Sourced register data is indicative but not accurate. I'd be inclined to buy what you can, when you can. The status-quo here won't last.
murraybasin
12/4/2019
13:04
Sustained volume these days. Notice I didn’t say sustained selling.
donkey40
11/4/2019
00:18
They are all at it: PERTH (miningweekly.com) – Mineral sands miner Base Resources has flagged lower production expectations for the 2020 financial year as operations at the Kwale mineral sands project, in Kenya, moved from the Central Dune orebody to the South Dune orebody. For the full 2019, Base is expecting to produce between 88 000 t to 94 000 t of rutile, between 385 000 t and 415 000 t of ilmenite and between 31 000 t and 34 000 t of zircon. However, for the full 2020 financial year, rutile production is expected to reach between 64 000 t and 70 000 t, while ilmenite production will be between 315 000 t and 350 000 t, and zircon production between 25 000 t and 28 000 t. Base told shareholders on Wednesday that the lower production guidance for the 2020 financial year resulted from the lower heavy mineral grade of the South Dune orebody, depletion of stockpiled heavy mineral concentrates during the transition of the mining operations, and normal uncertainties associated with mining a new orebody.
donkey40
08/4/2019
23:47
JOHANNESBURG (miningweekly.com) – Diversified miner Rio Tinto on Monday approved the construction of the $463-million Zulti South project − the next stage in the development of mineral sands producer Richards Bay Minerals (RBM), in South Africa's KwaZulu-Natal province. The project will sustain RBM's current capacity, as well as extend its mine life. RBM currently operates four mines in the Zulti North lease area, where the grade of the orebody is declining. The Zulti South mine is required to maintain the output of high-margin zircon and rutile, as well as provide sufficient ore to support titanium dioxide sales. Construction on Zulti South is expected to start in the middle of this year, subject to the granting of the required permits. First commercial production is expected late in 2021. The investment will be fully self-funded from RBM’s cash flows, with no additional debt or recourse to Rio Tinto, which holds a 74% interest in RBM and manages the operation. “Rio Tinto has a long history in South Africa and today’s investment underscores our commitment for the coming decades and beyond. Zulti South is one of the best undeveloped minerals sand deposits in the industry and will significantly extend RBM’s position as a world-class, first-quartile asset.
donkey40
07/4/2019
12:46
cool, cheers Murray
plat hunter
07/4/2019
12:15
Pershing have been a recent seller ... probably a good sign ...
murraybasin
07/4/2019
12:08
As at 29/3 Jarvis Nominees didn't appear on the register.
murraybasin
07/4/2019
11:57
You're biggest holders are likely to be Jarvis nominess and that can include an plethora of other insti holders who hold on behalf of PI's.. AJ Bell being one of the many aggregator's who use Jarvis Nominee services
plat hunter
07/4/2019
11:47
Latest annual report shows 19 shareholders hold over 750/- shares totalling 91m /83% of total. Can we piece the list together: Oman, M&G, EIB, Capital, Majedie, Miton, Fidelity are the easy obvious. Maybe’s are L&G, BlackRock (or did they exit), Foord Asset Mgmt (they were a strange one), JP Morgan (maybe gone), .. Any views ?
donkey40
04/4/2019
18:22
Decent volume these days. Wash and rinse or real intersst.
donkey40
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