Kenmare Resources Share Discussion Threads

[robmcelf2] 16/1/2025 19:47

https://www.ii.co.uk/analysis-commentary/19-small-cap-shares-2025-ii534090KMR tipped here

[robmcelf2] 10/1/2025 20:44

Yes KMR share price near 3 year lows and I'm not sure that is warranted. I guess it must reflect concern over the next WCP A move to Nataka in late 2025? I guess once that is sorted then no moves needed for a very long time.

[xamf] 10/1/2025 09:09

Tempted to buy more at the current price. I note that the opposition presidential candidate returned to the country yesterday. Very pleased to hear that there hasn't been any disruptions so far and Q4 figures will (hopefully) provide reassurance.

[robmcelf2] 06/1/2025 20:03

Should get Q4 production figures next week. Hope for a strong end to the year. Glad no interruptions from civil unrest..

[mineinterests] 12/12/2024 12:04

newscentral.africa reported that on Tuesday (10/12/24)opposition presidential candidate, Mondale, "speaking from abroad via video urged his supporters to disrupt operations in the country's mining sector as part of their protest."

The day before, KMR released an update stating that operations at the mine "are continuing as normal." The update stated that the situation was being carefully monitored. There is further info in the RNS.

[mineinterests] 28/11/2024 00:40

A new useful reminder (IMO) of the long-term benefits of investment in KMR if there is recognition of internally generated FCF to fund upgrades and access to higher yield operation. Price recently seems to be influenced by short-term dip in production due to big changes in dredges etc. A longer view sees a big upside of 50%+ in price.

[melton john] 13/11/2024 11:06

Is it dawning on investors that Reeves's budget has limited effect if any on this company. It's based in Ireland pays taxes there and works in Africa and presumably pays local taxes there. Seems a perfect arrangement, have I missed anything.

[robmcelf2] 21/10/2024 10:39

Yes you're absolutely right.

[melton john] 21/10/2024 09:16

"Shipments made in the quarter particularly eye catching."

From memory shipments were down because of bad weather affecting loading at the dock, they are catching up now and as they predicted, adding to the following quarter.

[robmcelf2] 17/10/2024 07:22

Have just seen the report on the fatal accident involving the 75 year old - terrible news.

[robmcelf2] 17/10/2024 06:28

Q3 Production report out and looks good to me. On track to hit all metrics for the year. Shipments made in the quarter particularly eye catching. Looking forward to the Q3 financial report! Sounds like Q4 is expected to be strong as well and WCP move all on budget. Hopefully share price should react well to this report. AIMHO, DYOR

[the original goldbug] 14/10/2024 10:41

China stimulus pretty supportive as well IMO.

[parknas] 14/10/2024 10:14

Broker note out today

Kenmare Resources (“KMR”) will release its Q3 production update on 17th October 2024. KMR expects output to rise in H2 driven by higher forecast grades, and sales to be supported by improved weather, following the conclusion of the rainy reason

[robmcelf2] 14/10/2024 09:52

Nice little boost to the share price - wonder if it's in anticipation of Q3 production? DYOR

[robmcelf2] 07/10/2024 06:09

Q3 production update scheduled for next week - 17 October.

[robmcelf2] 26/9/2024 15:26

Share price still struggling - need a Good Q3 update

[plasybryn] 06/9/2024 14:20

robmcelf2 - break-out still in place?

Presented at FACIM 1st Sept?

"Kenmare is on track to achieve 2024 guidance
Revenue is expected to be second-half weighted.
With net current assets of almost $200 million at the half year, including record net cash of $58.9 million, we are well positioned to fund our capital commitments and shareholder returns.”
Dividend: Interim Ex 19/09/2024 Pay 11/10/2024 15.00¢

[yellowstoneadvisory] 16/8/2024 14:06

If you missed the HY24 investor presentation you can catch up here.

[robmcelf2] 15/8/2024 16:05

Hopefully KMR now broken out of the recent downtrend. Under a new CEO hopefully we can get back to 4.00+ quite quickly.

[parknas] 14/8/2024 07:17

Kenmare’s balance sheet remained robust during H1, with net cash increasing by $38.2 million to $58.9 million (31 December 2023: $20.7 million), after capital investments ($49.1 million) and $34.7 million of dividend payments. The Company is pleased to announce a 2024 interim dividend of USc15 per share (H1 2023: USc17.5 per share) and the full year dividend is expected to be towards the upper end of the Company’s target payout range of 20–40% of profit after tax.

[yellowstoneadvisory] 12/8/2024 07:05

Management will present the HY results at a webinar on 15 August at 12.30pm. Register here

[robmcelf2] 09/8/2024 12:30

KMR interim results due next Wed 14th Aug. They said they would update on Carville's successor ahead of the results so that would be Monday or Tuesday?

[robmcelf2] 17/7/2024 06:35

Decent Q2 update from KMR. Shipped product down a bit but will hopefully catch up a little in Q3. Prices and customer order book look robust. Forecast improved grades for H2 so production profile looking better which is also positive. Search for CEOs successor nearly finished so should get an update on that soon. Looking good imho. Dyor.

[robmcelf2] 22/6/2024 06:46

Sorry to hear about the fatality. I think the share price weakness is because we are waiting to see who succeeds Carville. Hopefully get an update soon...

[creditcrunchies] 20/5/2024 16:54

Mine took ages I had to chase it up