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KMR Kenmare Resources Plc

325.00
1.00 (0.31%)
16 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Kenmare Resources Plc LSE:KMR London Ordinary Share IE00BDC5DG00 ORD EUR0.001 (CDI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.00 0.31% 325.00 320.50 325.50 326.50 319.00 322.50 69,213 16:35:07
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Doc re. Kenmare Statement

10/09/2008 2:03pm

UK Regulatory


    Doc re. Kenmare Statement
             



         Kenmare Resources plc ("Kenmare" or "the Company")

                          Kenmare Statement


10th September, 2008


Kenmare is not aware of any  reason for the sharp deterioration  over
the last week in the Company's share price.

The Company completed a successful share placing of US$30 million  at
Stg 32p on 29th August, which is more than sufficient for its funding
needs based on forecast output.

As set out in  the interim statement, the  Board is taking all  steps
necessary to achieve target production. Kenmare is pleased to  report
that the production ramp-up of heavy mineral concentrate at the  Moma
Titanium Minerals Mine  is progressing well,  with production  output
for the first  nine days of  September 27% higher  than the  previous
best month's daily average production level.

The Company expects  daily production  rates to  continue to  improve
during the remainder of September and in the following months.


For more information:

Kenmare Resources plc
Michael Carvill, Managing Director
Mob: + 353 87 674 0110

Murray Consultants
Jim Milton
Tel: +353 1 498 0345
Mob: + 353 86 255 8400

Conduit PR Ltd
Jane Stacey/Leesa Peters
Tel: +44 207 429 6606
Mob: +44 7812 159885

                      www.kenmareresources.com

- ---END OF MESSAGE---





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