Kenmare Resources Share Discussion Threads

[spectoacc] 29/11/2019 07:33

And an RNS:

"Statement from Michael Carvill, Managing Director:

"The road ESHIA is the second and final environmental approval required
for the relocation of WCP B to Pilivili. We are on track to relocate WCP
B in Q3 2020 and begin commissioning in Q4 2020. Pilivili is the highest
grade ore zone in Kenmare's portfolio and from 2021 we expect to have
increased production and become a first quartile margin producer." "

[donkey40] 29/11/2019 01:26

Ok, I will let you off then

[murraybasin] 28/11/2019 19:31

Who said anything about tax loss selling? This is not about B&B transactions; they happen at calendar year end.

I'm talking about selling shares to pay a tax BILL (come due November) or potentially to put the funds into a pension to offset a tax BILL and at that stage they could put them back into KMR, for example, within a PRSA.

When the filing date comes around, sometimes guys have to make choices.

[murraybasin] 28/11/2019 18:28

I'd be looking for several things:

- End of tax year and people shifting funds/stocks around either to meet tax liabilities, fund pension contributions, ...
- Any general sectoral weakness
- Continued selling down by EIB

As to prices, wouldn't focus too much on the individual prices. Out turn is likely to be of the order of revenue $260m with costs $160m and EBITDA $100m.

Someone is slowly chipping away at the available stock without trying to attract attention to themselves.

Gross debt should now not be far off $40m + loose change.

[borromini1] 28/11/2019 12:40

Expecting Kenmare to report solid progress in Q4 & FY 2019 Production Report & FY 2020 Guidance release due around 10 January.

So what’s the drop about?

[murraybasin] 27/11/2019 18:24

Anyone know what time the show starts at?

[borromini1] 27/11/2019 10:34

Anyone know why share price has drifted down recently?

Anyone know the current or short term Ilmenite, Zircon or Rutile spot prices per metric tonne?

[murraybasin] 14/10/2019 20:34

Wow. That was new.

[murraybasin] 14/10/2019 07:45

Yup. Because he loves himself.

[murraybasin] 13/10/2019 19:50

Same idiot you were talking about. Boo is eating well and wagging now and again. Otherwise a bit listless. Uphill climb ahead.

[donkey40] 13/10/2019 17:24

Who are you talking about?

[murraybasin] 13/10/2019 17:10

Playful git alright. Moderately smart but highly egotistical persona with some ingrained poor behaviors and habits which could be used to bring him down.

[donkey40] 12/10/2019 19:48

Ah, just read - you pair were in a playful mood a while back. And if only you knew just how far off the scale, you would be truly impressed....

[phillkay] 16/9/2019 20:44

That would be a fab entry point!

[plat hunter] 16/9/2019 09:37

I'll be very happy if I can get back in here for sub 200 but I'll start PCA on under 210 I think.

[phillkay] 12/9/2019 21:20

Decent insider buying also not too far from the current price. Am I answering my own question?

[phillkay] 12/9/2019 21:13

Has this hit support do you guys think, looking at the last 250 support back in Sept-ish 18? Really impressed how they've rallied through harder times and looking really strong fundamentally, RSI approaching 60 though... thoughts? Not a holder yet but seriously considering. Cheers

[murraybasin] 25/8/2019 18:18

Seems we're all about cliché then.

[plat hunter] 25/8/2019 15:38

Define new Murray...

I've only been here for 10 weeks and made 23% and was in cash before the results came out.

Most of those trading books you're referring too also say.


"Cash is king"
"Take your profits"
"The market is always open"
"Never try to call the top or bottom"
"Always leave something in for the next man"

Plus many other pointless superlatives than many here have heard before.

How long you been holding here now Murray?

[murraybasin] 25/8/2019 07:53

I think nearly every trading book ever written says:

- Stick with the rules of your system.

- Let your winners run.

Are you new at this?

This is the third attempt at the GBX 260 zone on the weekly. Given both the recent momentum and the fact that it is the third attempt (sellers diminished), unlikely it will hold for long, if it all.

[plat hunter] 24/8/2019 19:38

I may have sold too early it seems. Should have waited for a double top as per my own rules.

Slapped wrists

[donkey40] 20/8/2019 22:33

If I am a trader of a stock, WTF would i bulletin board that to anyone ...

[murraybasin] 20/8/2019 17:45

It seems to like itself.