Kenmare Resources Share Discussion Threads

[dangersimpson2] 11/6/2019 12:26

But the company has specifically said:

'Kenmare intends to fund the total capital cost from its balance sheet and internally generated cash flow.'

Paying a divi while raising cash doesn't make sense, but there appears to be no indication that they need to raise any cash so very much an academic statement at this stage.

[wheniamfree] 11/6/2019 11:20

Touching 175p, 150p next - when is the equity portion coming and if things continue at what price are people willing to back it?

There is absolutely nothing to look forward to here, major risks on economical levels excluding those at operational.

Paying a divi whilst likely raising cash doesn’t make much sense to me.

[murraybasin] 10/6/2019 22:25

Kind of read as of today, if the ministry thinks you are the emperor with no clothes, you're out. Testing time for the 2mw and 97m bidders ...

[donkey40] 10/6/2019 21:53

Wrong board - sorry. Transferred across.

[donkey40] 09/6/2019 12:24

Frack, fruck, schluk or shlick. Who gives a sh1te when you’re a plrick.

Wendy - how your stock doing. This time you can’t blame me for what the Govt of Bots are saying... Any views on their press release - or was that too difficult or disappointing for you to process...

Tender still in progress; not yet awarded...

How long will the cash last this time ...

[murraybasin] 09/6/2019 10:49

I think he might have got one over on you with that. Not surprised.

[wheniamfree] 09/6/2019 10:11

Yes Murray, I know even less than Donkey who knows everything about CBM. Just like when he told everybody that gas was extracted from the coal seams using explosives - lol.

[donkey40] 08/6/2019 21:02

Beats me why a successful business man who had 2 previous successes in CBM would, at the back end of his career I imagine, spend so much time and energy developing a small scale pilot project to mitigate risks for the company, shareholders, Govt (surprised he wasn’t named in birthday honours). Just an all round good egg.

Let’s hope the flow results (which is the last milestone to tick) announcement out soon doesn’t leave that egg on his face.

[murraybasin] 08/6/2019 18:51

Sounds like he's running out of things to say Donkey, probably because he doesn't know nearly as much about TLOU as he should and clearly knows next to nothing about KMR given some of his obvious newbie errors.

[wheniamfree] 08/6/2019 17:34

Small cap stocks behave erratically hence the high risk / high reward.

Also small cap stocks do not always trade at true value, I refer you in this example to UKOG - rose close to £300m MCAP on what is now 50% production share of 220bopd and zero reserves.

Wild valuations that are both out of kilter at opposite ends of the scale.

And then there are the lobster pots like KMR which whilst generating revenue and with II backing are likely to tread water until the next disaster looms.

Nothing to be excited about here.

[donkey40] 08/6/2019 13:24

How come only 6p then brain box

[wheniamfree] 08/6/2019 12:35

Brain boxes.

If you knew what you were talking about Donkey you would realise that reserve based lending and/or asset sales based of reserves are typically done via 2P/3P levels.

Of course - you know all this.

As for selling - perhaps look closer to home, 182p and falling.

[donkey40] 08/6/2019 00:40

“Murray you would realise that the only thing between 2MW and 200MW is money.”

Pretty much the stupidest thing I ever read. Not really surprising...

2mw requires a certain amount of gas; 200mw requires 100 times more gas. Tlou’s last reserves/ resource statement said they had 1bcf at the P1 level.

Can any of you brain boxes determine how much Mw that supports? For how many years?

There is a reason someone has been selling en masse for months. And it is amazing how the cheerleaders still don’t know where to look for the answer.

[murraybasin] 07/6/2019 17:19

So, this is what this weeks translated Chinese headlines say when prices are "going down":

* Rutile supply continues to be tight, merchants are generally optimistic about the market outlook
* New progress in tackling spherical titanium alloy powder for 3D printing
* Hubei Xiantao announced the price increase of titanium tetrachloride
* High titanium slag prices go up
* On June 5, Shuangruiwanji in Luoyang raised the price of titanium sponge due to the rising price of raw materials
* On June 1, Xiantao Zhongxing Electronic Materials Co., Ltd. announced an increase in the sales price of titanium tetrachloride

[donkey40] 06/6/2019 22:25

What was your Tlou estimate when playing the same game back in late 2017?

Way after your bed time babykins

[wheniamfree] 06/6/2019 22:17

£10 a share.

Your forecasts are as comical as Bucks - why not make it £20 and go one better, he had £12.

Who was it who said £5 around the corner and yet.. KMR is trundling around at 190p.

Now, let’s divide that by 200 again.....

[murraybasin] 06/6/2019 21:24

"Ah, Jabba. The aforementioned skin. The Hut."

Can I publish that as a poem?

[donkey40] 06/6/2019 19:25

Sadly for our hermit, I doubt he understands the detail..
Still 10 quid a share would be a-ok by me.

I do find his historical perspective rather dull and tedious. Maybe he is Oirish.