Kennedy Venture Share Discussion Threads

[andrbea] 15/12/2015 10:16

The analysts forecast global tantalum market to grow at a CAGR of 2.89% over the period 2014-2019.

[andrbea] 10/12/2015 12:41

another production story emerging (another miner for tantalum)

GMM ( GENERAL MINING CORPORATION LIMITED ) asx

Site works ramping up at Mt Cattlin ahead of early 2016 restart, maintenance
team on site and fabrication work underway on fines circuit

 Drilling to commence in pit at Mt Cattlin in December 2015

 Discussions continue on Tantalum offtakes; Mt Cattlin seen as likely source of
reliable long term supplier of premium Ta product

full report just out:


Release Date: 09/12/15 08:26
Summary: Investor presentation December 2015
Price Sensitive: No
Download Document

[andrbea] 10/12/2015 09:35

one of the uses for tantalum (medical devices)

[andrbea] 10/12/2015 09:11

most comodities (copper, iron) are in mothballs these days, look how low the ftse-350 mining index is
not the case in boom rare earths and minerals like tantalum & lithium

read:
new exec joins company pursuing .. conflict-free tantalum concentrate for the Capacitor and Super-Alloy market.

[cloud9surfer] 09/12/2015 10:24

Someone must have needed the money for Xmas. Seems silly to sell this close to production news!!

[andrbea] 07/12/2015 11:51

another lithium/tantalum play (pilbara) attracts top exec

His wage: Aus$ 350k/year


Former Atlas Iron managing director Ken Brinsden will join lithium upstart Pilbara Minerals, the one-time penny stock that has rocketed into a $220 million speculator’s favourite following its Pilgangoora discovery in WA.

Pilbara yesterday announced that Mr Brinsden would join as chief executive, with incumbent executive director Neil Biddle to remain in his role until the completion of a feasibility study into Pilgangoora next year.

Mr Brinsden stepped down as an executive director of Atlas two months ago after three years running Atlas.

Drilling success by Pilbara at Pilgangoora, coupled with growing investor excitement about a possible surge in demand for lithium due to growth in electric vehicles and power storage, has seen Pilbara shares soar from 3c to as high as 41c this year.
While the lithium sector is far removed from the world of iron ore, Mr Brinsden told The Australian he was “commodity agnostic” having previously worked in gold and mineral sands operations before joining Atlas.

“I genuinely believe the guys there are on to a massive discovery, and it’s going to become, over time, a meaningful resource in the lithium space,” he said.
“It’s still in its relatively early stages but it has enormous potential, and I’d like to think I can make a difference. It’ll be a fantastic challenge with a bit of fun along the way.”

He said the macro-economic momentum behind the lithium sector also appealed to his background in engineering. “We’re on the precipice of significant change globally about how we go about our business, about how we work with power and how we work with transport and energy storage, and it’ll be great to be part of that story,” he said.
Mr Biddle said Pilbara had been looking for an executive with experience in building mines in the Pilbara region, making Mr Brinsden a good fit.

While the last year of Mr Brinsden’s time at Atlas was marred by a slumping share price and concerns about the iron ore miner’s future, Mr Biddle said Atlas had been hit by factors outside of its control. “I think Ken and [Atlas executive] Dave Flanagan did a tremendous job in getting down costs and keeping the business going, not many people could have achieved what they did,” Mr Biddle said.

Pilbara shares jumped almost 9 per cent on the back of yesterday’s news to 30.5c. Atlas, meanwhile, is under real pressure from the continued weakness in iron ore prices, having fallen to 1.9c per share this week.
Mr Brinsden will collect fixed remuneration of $350,000 a year.

[niloc2] 06/12/2015 23:33

12p will be the lower limit in 2016

[andrbea] 04/12/2015 18:19

zak mir says upper target is 12p

[cloud9surfer] 03/12/2015 18:47

Nice large buy!!! People starting to take positions now for the inevitable production news. Can only see this continuing to grow in the foreseeable future!!

[tommygriff] 03/12/2015 16:36

Nice move on the SP!!We may have just sold our first batch of product!!!

[andrbea] 03/12/2015 14:09

tantalum stil red hot...



KEMET logoKEMET (NYSE: KEM) recently received a number of ratings updates from brokerages and research firms:

11/30/2015 – KEMET was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $3.00 price target on the stock. According to Zacks, “KEMET Corporation and its subsidiaries is the world’s largest manufacturer of solid tantalum capacitors and and one of the world’s largest manufacturer of multilayer ceramic capacitors. According to industry sources, tantalum and ceramic capacitors are the two fastest growing sectors of the United States capacitor industry. Capacitors are electronic components that store, filter and regulate electrical energy and current flow and are one of the essential passive components used on circuit boards. “

[andrbea] 30/11/2015 08:31

sentiment still bullish on lithium and tantalum

another peer company (pls): poster


Here's the thing. The Chairman and MD are the two top shareholders, so you can be assured they are going to avoid unnecessary dilution. Secondly, I firmly believe PLS is in a fabulous position in terms of the asset owned, and the demand for said asset. I am sure that most longer term followers (even) are still trying to figure out the true value of what PLS has discovered at Pilgangoora (added to the imminent tantalum business). Beer & Co have provided some early guidance, and perhaps by February, when the PFS is due, we will have a better idea. However, I keep thinking about the fact that Greenbushes is spoken for, and as far as I am aware, the sole supplier of technical grade lithium to the world market. Throw into the mix the mounting evidence that Pilgangoora is a huge resource on a world scale. Jumpinjoey who has been to site, posted that he gained the impression it was 100mt to 150mt. My tea leaves keep saying it is bigger than that. Also, we know that the major lithium players are looking to expand their businesses and will have to have certainty of supply if investing large $$$ in refinery capacity. (The next resource upgrade and Beer & Co analysis should be very interesting)

They have just raised $12m, and could have raised multiples of that (refer Cymon's post), in a market which is generally hating the Resource Sector. That speaks volumes.

Lithium is hot and looking like it will be hot for a very long time. Tantalum is no slouch either.

The pullback has been tough to watch, but I am seriously sanguine about this stock, and think that we are on the cusp of a big run up. The fundamentals on this company are outstanding, and there is every pointer to it being completely under-valued.

I posted a while ago that I felt there is a 7 month plan. Given that they are now completing a PFS, I actually think we are looking at more like a 3 month plan. Something is going to give folks. This is like a coiled spring.

I am sure I heard or read somewhere they are looking at a potential 3mt pa plant, to produce a concentrate. (Previous Beer & Co analyses were based on 1mt pa, I believe)The economics on that should be fascinating, in a market where lithium is set to rise 20% per annum and that is in US dollar terms (as the $A will trend lower). That is then a 30%+ rise in $A terms. I would not be surprised if tantalum is doing the same. Meanwhile, mining costs are going down, as the rest of the sector tanks or struggles. Perfect scenario.

I personally cannot see debt funding being the preferred option, but you never know. I think it more likely the plan is for one of the larger lithium companies to take a serious slice of the action and provide the funding, however that deal might play out. I cannot believe that is not on the table being discussed almost on a daily basis. The question is how to maximise shareholder value, given the incredible opportunity, whilst minimising risk. We will not be sold cheaply. The Board are big shareholders, and so are their connections. The company is now fully funded to DFS, and the pressure is off TT performing (although it will perform). This means that the next stage of value accretion can ensue in a methodical stress- free way. I just cannot see how 2016 will not see multiples of the current share price.

I am sure that those attending the AGM will be further enlightened. There is a lot to talk about and certainly much to be excited about. Perhaps Cocoa and Blastfurnace and the other GEO's of HC fame, will be able to provide some feedback, eg, on the scope of the K.A. deposit!! I think this is the crux of the inherent value proposition.

final thought:
tantalum is even used in the head shields of spacecraft.... did you know that?

[andrbea] 27/11/2015 15:46

riots elsewhere should help create a shoertage of tantalum, underpinning prices

[andrbea] 27/11/2015 15:39

Lithium and tantalum are emerging as two critically important resources for 21st century technology. Both materials are expected to see unprecedented demand in the near future.

In 2014, the battery-grade market represented 31 percent of the total global end-use market for lithium, while the ceramic and glass market accounted for 35 percent. Both of these markets have high entry barriers as end users expect high-purity, low-contaminant products.

Available supply for these markets has been limited due to recent mine closures that have left only one major low-iron spodumene source (the Greenbushes deposit in Australia). Analysts are forecasting a supply shortfall for battery-grade lithium as early as 2016, while demand is expected to grow by 134 percent between 2012 and 2017.

Tantalum is used in a wide variety of applications across the electronics, medicine, engineering and energy-generation industries. Nearly half of yearly tantalum consumption comes from the electronics industry. The blue-gray metal can be found in many everyday items, including laptops, smartphones, appliances, ATMs, vehicle navigation systems and hearing aids.

Since 1995, the market for tantalum has experienced average yearly growth in demand of about 8 to 12 percent per year; analysts are now forecasting high tantalum prices for the next five years. End users are facing increasing market pressure to secure conflict-free sources of tantalum, further tightening global supply.

[niloc2] 26/11/2015 10:29

I hope the stock has not been marked down on this article after all it’s mainly about a high cost iron ore producer and nobody seems to have picked up that Pilbara are up 17 times and just raised money at this level.

[edwh] 25/11/2015 06:13

This was recommended by TD Waterhouse last week in they're daily trade ideas so I bought some,looking good hopefully

[andrbea] 24/11/2015 12:11

peer company Pilbara minerals has a tantalum project too

pls board (today):
raising money
24 Nov Pilbara Raises $12m in Placement

This placement is excellent - least dilutive, most money raised, no options. Clean cut. If only the others were like this one.
Also: "full-scale production at Tabba Tabba is scheduled to commence on 16 November 2015"
poster: The word is this was seriously over-subscribed, which makes one think that there will be some nice on market buying by the whales. The next 7 months is going to be very interesting for this company.

[fillipe] 24/11/2015 11:18

Looks as though we're moving to a new one-year high at KENV.

f

[andrbea] 20/11/2015 18:12

dell1234
13 Nov'15 - 16:21 - 574 of 588 0 0

This is the relevant article:

[wantage] 19/11/2015 15:00

Can someone please repost the article in Shares mag.

[wiseacre] 19/11/2015 11:55

Cheap as chips. Tantalum is a commodity beyond the price of rubies

[ridicule] 16/11/2015 13:59

Level 2 looking strong been in Auction for 8 min +

[andrbea] 15/11/2015 16:09

the tantalum project of PLS, a competitor (for comparison's sake)
poster Nov 6 2015

"Interesting they filed the PFS on MINEDEX - guess they want the $$ royalty.

Here is what the study said in 2014 (even better now, EBITDA expected 18M)

18th February 2014
FEASIBILITY STUDY RESULTS - TABBA TABBA TANTALUM PROJECT
ROBUST AND VIABLE WITH LOW CAPITAL AND MINING COSTS
KEY FINANCIAL HIGHLIGHTS OF FEASIBILITY STUDY:
- Project Revenue $30.2M
- EBITDA $16M with Project NPV of $14.4M at an IRR of 162%.
- Capital Cost of $3.9M ($1.5M already spent, plant capital items already 90% completed).
- Life-of-mine (LOM) off-take agreement in place with world-leading tantalum producer,
Global Advanced Metals Wodgina Pty Ltd (GAMW).
- First full year production (2014-15) operating costs forecast at $34.74/lb."

[andrbea] 15/11/2015 16:04

just to underline it, they are conflict-free

"We are delighted that production of 'conflict free' tantalum has recommenced at the mine. This is a major milestone as Aftan continues to progress towards becoming a material producer of tantalite. We look forward to making our first delivery to our off-taker in the near future. Initial indications from the mine have confirmed that Aftan's targeted production levels remain realistic and achievable."