Kennedy Venture Share Discussion Threads

[wrtmf] 07/1/2017 13:44

5% royalty
37.5% tax on profits
capital expenditure refunded
'our costs to get to windhoek are just over a $1/tonne'
'we sell ex windhoek'

[wrtmf] 06/1/2017 23:13

sure,
taxes/royalties/production costs
cheers.

i will go through presentation again at weekend for any indications.

[on target] 06/1/2017 10:37

"5% to aftan = 20,790,000 usd per yr before taxes/royalties"

What about the cost of production?

[ridicule] 05/1/2017 12:14

You are pretty on the mark wrtml. I did some sums on here a few weeks ago and came up with a 27p per share target without the Lithium, once full tantalite production was established.

Something has started to pop again today, so word must be spreading, or the locals in the know on Lithium are buying.

[wrtmf] 04/1/2017 23:37

a poster on lse, 'baldman' is using the wrong numbers,

'At 2%, that makes 300 tonnes of concentrate per month at 15000 throughput? Must be lower right? Otherwise the numbers are crazy..

Okay so from the slides its about 400ppm average, that makes 0,04% a good asumption. So 6MT concentrate per month max in optimal conditions

Which means planned annual revenue of about 2 million $ at 30$ per kg concentrate per year. Will wait this one out until they get the lithium flotation operational.'

--

from the company:
' We forecast that production will ramp up to full capacity in Q2 2017 and achieve the targeted throughput rate of 15,000 tonnes per month and 15 tonnes of tantalite concentrate per month with improved ore sourcing and grades. '

from presentation:
it was quoted, price was just under 70usd per lb, i believe, so closer to 154usd per kg.

--
plse correct my numbers

15 x 1000 x 154 x 12 = 27,720,000 usd per yr
75% to aftan = 20,790,000 usd per yr before taxes/royalties

[qs99] 03/1/2017 16:12

really strong...happy days

[ridicule] 03/1/2017 16:02

I would not call today's trading quiet jamdan1!! AGM due on 16 Jan and there is likely to be good news flow before then.

[mitreatrading] 03/1/2017 16:00

The news on Aftan's upgrade is due, maybe some people know already.
Good gain today.

[jamdan1] 03/1/2017 15:55

Very quiet considering?

[geoff80] 29/12/2016 10:22

Stock shortage ? Could not buy 20K online just now at Barclays.

[tivoliworldgaming] 29/12/2016 10:09

Only idiots sold on the day of the results and now this is only the start of a long re-rating.

[sabre6] 22/12/2016 15:24

Looks like the buyers are back.
Hopefully only one direction now and it is not down|

[tommygriff] 20/12/2016 22:32

David Ord is a large holder here. Looks to be one of Giles Clarkes cronies!!

[fillipe] 19/12/2016 14:54

I went out of KENV recently but bought back in today, following the easing in the share price

It might have been a little overbought at the point I checked out, so I'm happy to be a holder again in a share in which I've had various holdings, in the years since early 2013.

gla,

f

[tivoliworldgaming] 19/12/2016 09:51

228K buy paying above the asking price. Bodes well.

[tivoliworldgaming] 19/12/2016 09:00

Just gone back up. Should be well into the blue by close.

[jamdan1] 19/12/2016 08:48

YeH...a lot of sells coming through

[tivoliworldgaming] 19/12/2016 08:43

I thought this is good news. Why has the share price gone back down?.

[jamdan1] 19/12/2016 07:19

Very very positive update

[wrtmf] 03/12/2016 13:01

solar energy production tied to lithium storage - ideal for africa i would have thought

[andrbea] 02/12/2016 17:29

... and kod busy in Mali. so that's 3 AIM companies chasing lithium in Africa. Weird though, where are the gigafactories foe e-vehicles (not in Africa)?

[wrtmf] 02/12/2016 17:02

might be interested to know rem have taken a position in asx:aou, auroch minerals, a lithium explorer in namibia also. worth keeping an eye on their future drilling announcements, either via rem rns or via asx/hotcopper.

[qs99] 02/12/2016 11:17

cheers ridicule and I agree....not sure what not to like at the moment, but still very risky as you say due to fact there are few hard facts on forecasts. Can't take much for the company to sort a broker out to write one surely?!

[ridicule] 02/12/2016 10:08

The share price is going to struggle with momentum without some firmer P&L information. I have heard that Tantalum is on a circa 30% margin - $8.8m x >.30= $2.64m profit pa. With only 120.46 shares in issue this equates to around 2.2p per share. Take a pe of 12, not unreasonable with the Lithium prospect not priced in, and we get a share price of 26.4p!!

With many miners at this stage, further dilution would be an investment threat, but Kenv is on the verge of being cashflow positive with the key investors having skin in the game.

Difficult to see the investment logic of those selling today, other than for a quick trading profit.