Kenmare Resources Share Discussion Threads

[spectoacc] 14/4/2020 07:49

And up pops a filtered troll, perfect example :)

[spectoacc] 14/4/2020 06:24

Sadly a few attention-seeking trolls - often multi-handled - spoil most BBs. An easy solution tho - the Filter button. Since it's mostly the same cretins, only need to filter them once to not have to read anything they post elsewhere.

[murraybasin] 11/4/2020 10:31

Probably an ex-employee or someone who had a local beef with the family in Warrenstown.

[donkey40] 10/4/2020 21:25

But hopefully the conversation can be steered towards current circumstances. I personally am worried that Covid is just warming up in southern africa

[donkey40] 10/4/2020 21:24

He does seem to like to hark back to 3+ years ago when posters were having a bit of fun predicting the future share price level. Surely he can move on ... or does his profile name give a strong steer to his political allegiance?! Derry’s Walls and No Surrender are clear signals of an ability for long remembrance and a fondness for history battles....

[murraybasin] 10/4/2020 19:35

The business is going to be crushed during 2020. Nothing to do with what that idiot says. He's a retrospective predictor. Forward observation was key here.

[donkey40] 10/4/2020 19:16

With a bit of luck, fear and anxiety over covid will drive the short term share price down again to 150p level. Then it is the steal of the century !!

Crazy gang on LSE posting and bickering about who was right .... and some are moaning about KMR management drawing down the balance of debt facilities. Plain and simple, that was the smart and clever thing to do !! The longer this outbreak go on (and it really hasn’t yet started in Africa), the harder it will be to get cash from banks as others will increasingly draw down cash reserves.

What the short term price is - nobody knows. But taking the longer term view - we may already have a great entry (or average down) price. And that could get even better in the near term days ahead.

[spectoacc] 10/4/2020 15:31

Ignore poster above, spam.

[spectoacc] 10/4/2020 13:26

Losing my touch, never saw it (tho do know it was Thursday's ;) ). I agree, is downbeat, perhaps more so than the usual "Covid-19: suspending guidance" RNS's.

[petomi] 10/4/2020 11:30

Surprised no comment on Friday's fairly downbeat RNS. The main positive is the continuing strength of the ilmenite market. But there seem to be a number of uncertainties and while they are better placed to navigate through this than a few years back an interruption to production would seriously damage sentiment.

GL to all LTHs

[pugugly] 19/3/2020 07:50

Agree - a most encouraging report - under normaal conditions would expect a mark-up - but these are not normal conditions -

[spectoacc] 19/3/2020 07:39

One of only two I've read this morning who haven't abandoned their divi! "No cases as yet in Mozambique".

"During 2019 we continued to advance our growth programme. The second of
our three development projects, the construction of Wet Concentrator
Plant C, produced its first Heavy Mineral Concentrate in February 2020.
The third project, the relocation of WCP B, is currently progressing on
track for Q3 2020. Following completion of this growth programme,
Kenmare expects to be positioned in the first quartile of the industry
revenue to cost curve. "

[donkey40] 18/3/2020 09:55

Mine relocation will likely end up being pushed back given that teams of people and the supporting logistics will find it increasingly difficult to move around.

But let’s stay positive; the grim reaper will get us all one day or another.

[donkey40] 16/3/2020 17:35

Smacks of forced margin selling to me.

[spectoacc] 16/3/2020 16:24

138p trades on it today - time will tell if that was the bottom! No particular reason it should be.

[spectoacc] 10/3/2020 06:47

The co have made advances since the 180p time tho, quite a bit of uncertainty been removed as to expansion. Covid-19 has the potential to hammer everyone tho.

[donkey40] 10/3/2020 00:29

Certainly no reason to rush to buy given current viral dynamics. So we have a week or so of non-stop increasing numbers of folks infected. Lies, damned lies and statistics - and then we move on to the next BBC drama series ....

[murraybasin] 09/3/2020 19:53

Just remember, 180p last year for no particular reason. We could have a ways to go. There were no signs of a virus at the half year in 2019 when we touched 180p. Little in evidence to make 180p support at the moment. Results in 10 days might provide light relief but likely to be short lived once this situation shows the US that self preservation isn't about F35s and what not. This is when a large population will start asking itself why its tax payers dollars are being wasted on misadventures in other parts of the world while they are all without any kind of reasonable healthcare.