Kenmare Resources Share Discussion Threads

[sharetrader3006] 07/3/2016 12:47

Calm down mate. You'll give yourself an ulcer.

[nonic] 07/3/2016 12:42

What a pathetic response from the authorities to a +60% increase in the SP
..........
Nothing absolutely nothing.
But its ok its only a game

[tomboyb] 07/3/2016 11:34

looking v good now -

[resourceful] 07/3/2016 09:45

hope it survives
our money gone

[tomboyb] 07/3/2016 09:39

L2 shot up - 5 v 1

[tomboyb] 07/3/2016 09:34

>>1p now?

Funds needed - will they raise at premium?

[nonic] 04/3/2016 16:48

I wonder what the price monitoring exercise comes up with after a 29% increase?

[resourceful] 05/2/2016 17:44

the task was too big even if times were better
lacked the experience skills and deep pockets

[amj321pixiebristol] 04/2/2016 16:06

The constant stream of excuses from KMR is tiresome, this one is toast.

[resourceful] 02/2/2016 15:55

bunched
all gone

[comane] 01/1/2016 17:27

Crocodile tears Degarvy

[dgarvey] 30/12/2015 16:16

Slightly puzzled as a $100m share investment would leave Oman with over 50% of the company so would they be required to make a takeover offer. How many billions of shares would KMR have if it comes to fruition and what would the existing holders be left with? Feel sorry for any longer term holders.

[napoleon 14th] 24/12/2015 10:02

These shares are turning into Zimbabwe Dollar type values
where a trillion Z$ might get you a loaf of bread
after a cumulative 500 billion % inflation (up to & in 2009).

Btw, China introducing the yuan into Zim & w/off $40M of debt at y/e,
a kind of "entrance fee" to share space with US$ & SA Rand.
They might also want the huge ilmenite resource in that little country next door.....
A pitance for the pit, IMO.
This might be the third & last "Blarney-yarn" from Kenmare after Congolene & Ancuabe in the '80s & '90s...

[bornloser2] 14/12/2015 09:10

As the company has stated already they are raising funds.Does any one have any guess at what price this will be at??

My thoughts are between .001 and .05p.

Any one have any other thoughts?

I have no position at the moment-just thinking about it right now.

[the stinger] 12/12/2015 11:05

Strange one this... Firstly, Why would the Pru not take the 2p offer? and rather see their investment worthless?.

Secondly, very surprised other II's have not been vocal on this as they are now writing off their holdings rather than seeing a return of some kind.

Then on the other hand the offer made was very demising, makes you wonder what Iluka's real intentions were/are. Without a shadow of a doubt a class mining asset with 100yrs long life. Yes the commodity prices have dropped like a stone however in a years time that maybe a different game.

Thirdly, what is the point for the Oman (SGRF) group investing $100m (£66m) when they could buy the lot for the same, infact the amount which is being mentioned ($100m) would be a better offer than Iluka's which was £50m for the equity. Iluka was arranging for the debt just being rolled over on better terms for themselves..so the Oman group are actually making a better offer with their $100m proposal alone.

Apart from the Pru's 20% holding,,how they will get the remainder 80% shareholder support... and what would they be supporting in any event?....a total loss of equity.. Crazy going on's here!, unless they are/were expecting the share price to rise to the 2p level following the RNS's..

[mally6] 11/12/2015 22:32

There must be a big seller mms clearing out shares

[donaferentes] 11/12/2015 15:24

Haven't you forgotten the intermediate action of the bank loans being converted to equity, totally diluting all existing shareholders?

[resourceful] 10/12/2015 16:45

2p
why
.5p is generous
the equity is all gone

[petersmith6] 09/12/2015 10:56

Any bidder will let the dust settle to ensure they get the best deal. 2p max.

[resourceful] 09/12/2015 09:09

are you guys nuts
what price do you think the arabs will pay for shares
not even buttons
remember lonmin
the money is lost

[liquidgold1] 08/12/2015 15:14

off she seems to go again

i would imagine this closing 0.7p

[petersmith6] 08/12/2015 08:26

OK. . Slow ish

[petersmith6] 08/12/2015 08:02

OK. This time a nice slow walk to 2p before any kind of rebid