The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
EyeGuy
I think it is useful to mention that I do not usually invest in iron ore co*s. I have never taken to iron ore for obvious reasons.
I was in REM-KDNC more for the lithium and rare earth in Greenland later but the latter licence has elapsed as it ws quite expensive ?
So, for iron ore I tend to go slowly.
Sat, 6 Mar 2021.
EyeGuy
OK, I think that between you and I, that is fair.
You have an interpretation of Dev and the difference in the shipping as you said.
You are also aware that others on the main KDNC forum are not of this opinion of which I now find is the same as theirs.
Since you are reasonable to say that I go with the official guidance from KDNC, that*s fine.
I am also listening to what Goldman Sachs says and what other CEO*s say in listed iron ore co*s that are big etc.
So, we end well and peace out.
News, Sat 6 Mar 2021.
Future? We have to wait to see when things become more clear. Those who bought at 5p would have more room but I did not buy KNDC shares at 5p in more recent times. From more experience having gone through a lot of rodeos, these days, I do not jump at making a call but rather wait and see attitude as things change quickly. That way I dont get over-exposed?
Thank you.
news- just to be clear no one including me is asking you to buy or sell shares in kdnc or other shares for that matter.
I am posting my opinion and showing my workings. if you believe we should use the $61 price of iron ore and base your price predictions on that then that's up to you. However imo it would be pointless to do that particularly as shipping starts any time and they will be getting almost 3 x that from each shipment. but again if you want to use $61 then that's your call fella.
And that’s why I don’t engage on the main Bb feed.
As some tried to make out that watching shipping information was somehow linked to the timing of the creditor settlement. It isn’t related at all. It is completely different.
News- the shipping will start and the monies go to DEV and they pay out whatever small creditors from this money. Not a penny goes to cadence as they own zero % of the Amapa projects at this time
News- there is no point tweeting or asking Kiran
It’s all in the recent podcast from about 2 weeks ago plus the RNS
Obs- yep I understand that so it gives them basically 2 months from my calcs to sort the settlement - at which point shipping would need to be stopped it the court order would need to change
lOSE MY LIFE SAVINGS.
SO, THAT IS WHAT BOTH OF YOU ARE TRYING TO SAY-YOU ARE RIGHT.
IF SO, I OR OTHERS WOULD BE DRAWING MORE SAVINGS TO PUT INTO KDNC ON WHAT YOU SAY AND BELIEVE TO BE RIGHT AND THAT NO ONE ELSE CAN HAVE THEIR OWN VIEW?
WHY? FIGURES ARE TOO ? KDNC SHARE PRICE IS 19P, MKT CAP £28M.
£5-£10 KDNC SHARE PRICE IS £1.4 BILLION AT £10 @49% SHARE OF AMAPA & AT FULL PRODUCTION WHICH IS YEARS AWAY AND CANNOT BE DONE STRAIGHT AWAY WITHOUT A SCOPING STUDY AND RE-COMMISSIONING.
SO, I AM RIGHT TO BE CAREFUL. I HAVE NOW PUT IT TO THE MAIN KDNC BOARD TO SEE IF OTHERS WILL CONFIRM WHAT BOTH OF YOU SAY.
THUS FAR , NO ONE HAS CONFIRMED ON THE 2 POINTS.
Sat, 6 Mar 2021.
observer842
You said if I thought you were trying to mislead, I will call you out kinda thing.
How can it be misled when NO ONE THINKS THE WAY YOU AND EYEGUY DO?
I say MrJames, an old time poster from REM days prior to name change to KDNC that shipping has NOT STARTED and therefore the MARKET ALSO THINKS SO, HENCE NO ONE IS JUMPING IN WITH THEIR LIFE SAVINGS no matter WHAT YOUR VIEW AND EYEGUY*S IS?
IS IT NOT RIGHT TO BE CAREFUL GIVEN THERE IS NO SHIPPING DESPITE WHAT YOU AND EYEGUY SAY?
IF YOUR INTEPRETATION IS CORRECT AS YOU ONLY BELIEVE, BOTH OF YOUR GOOD SELVES, THEN ITS YOUR VIEW AND NO ONE IS GOING TO CALL YOU OUT OR SAY IT IS "...."s
I AM AFRAID OBSERVER842 THAT YOU AND EYEGUY ARE NOT THE FINAL LEGAL ARBITERS OF THIS LONDON SOUTH EAST FORUM OR THE MODERATORS TO SAY THIS OR THAT WITHOUT AN KDNC RNS [OFFICIAL ANNOUNCEMENT TO THE LONDON STOCK EXCHANGE SAYING THAT WE ARE PLEASED TO INFORM THAT IN ACCORDANCE TO THE ORDER WE ARE GOING TO START SHIPPING OF THE IRON ORE ON X DATE].
YES, IF THERE IS AN OFFICIAL KDNC RNS STATING SHIPPING WILL START ON X DATE IN ACCORDANCE TO THE ..., THEN IT COULD BE SAID IT MAY BE "FALSE" THAT IT CANNOT START SHIPPING.
----------------------NO RNS FROM KDNC TO CONFIRM SHIPPING W I L L START---------------
SO, IT WOULD APPEAR THAT BOTH OF YOU ARE CHARGING AND USING WORDS WITHOUT AN RNS. AS SUCH THAT IS ONLY YOUR VIEW AND EYEGUY BUT N O T MATCHED BY EVIDENCE OF IMMEDIATE EFFECT, S H I P P I N G WILL START OR HAS STARTED RNS?
-----------SO, NOTHING FALSE WITH PERCEPTION THAT MOST FOLKS HAVE , NOT ONLY ME THAT UNTIL THE FINAL SETTLEMENT AGREEMENT WITH THE CREDITOR BANKS HAVE BEEN SIGNED, THEN NO SHIPPING CAN START YET.-------------------
----------MATTER OF LEGAL INTREPRETATION OF PROCEDURAL LEGAL PROCESS. IF NOT CORRECT INTERPRETATION OF MOST OF US, OR SOME OF US, THEN THE KDNC RNS WILL SAY SHIPPING W I L L S TART WITH A DEFINITIVE DATE WITH SHIPPING BOOKED WITH A SHIPPER ETC AND OFF-TAKE TO WHOM?------------------
ITS IS IMPORTANT-----IF BOTH OF YOU ARE RIGHT, PEOPLE WILL BE BUYING KDNC SHARES.
SHARE PRICE IS NOT MOVING AND STILL AT 18.5-19P---------------THE WHOLE MARKET IS WAITING-----------SO NOT ONLY ME THAT THINKS SO-----------IF YOU WANT TO TAKE A COURT CALL OR CALL PEOPLE OUT YOU WOULD HAVE TO TAKE ON THE MARKET MAKERS AS WELL AS TO WHY THEY MAY NOT MARK THE SHARE UP SINCE BOTH OF YOU SAY IT IS GOING TO SHIP AND WE , OTHERS ARE BEING CAUTIOUS TO WAIT UNTIL THAT IS CONFIRMED BY KDNC VIA RNS.-------
HOW CAN THAT BE WRONG TO BE CAREFUL WITHOUT AN RNS OFFICIALLY ISSUED BY KDNC???
HOW CAN YOU BOTH CALL ME OUT, WHEN THE MARKET APPEARS TO THINK SO, HENCE NO ONE JUMPING IN AND SHARE PRICE GOING UP? IN FACT, THE VOLUME IS PRETTY LOW OR LOWIST AND NO MASSIVE VOLUME IF SHIPPING CAN START WITHOUT AN KDNC RNS?
THIS IS A SERIOUS MATTER-IF I WERE TO TAKE YOUR INTERPRETATION WITHOUT AN RNS, AND YOUR FORECAST OF £5-10 WHEN YOU DO NOT HAVE A FCA LICENCE TO ISSUE FORECAST
LoL @news. Of course I'm not going to take you to court! The point is, I caveat what I say, sometimes quite heavily, when I am unsure. You've probably seen my if's and maybe's and could's and should's. But when I know something is not the case, I call it out. If I thought you were deliberately trying to mislead then it may be another matter. But I don't.
observer842
If you are going to say it is false, then will you be taking me to Court over this?
False has a legal meaning?
Probably cost £50k without paying legal cost for both sides?
EyeGuy started saying it is false first and you follow it up?
Just shows the two of you just jump on something that KDNC HAS NOT ISSUED AN RNS TO SAY SO, IE THEY WILL START SHIPPING THE AMAPA IRON ORE STOCKPILES ON X DATE?
KIRAN MOZARIA, CEO OF KDNC IN HIS LATEST INTERVIEW ON TWITTER KDNC HAS NOT SAID SO EITHER.
SO, HOW CAN IT BE "FALSE" to say shipping will start or could start when the FINAL AGREEMENT SETTLEMENT WITH AMAPA BANK CREDITORS IS SIGNED? THAT IS LOGIC AND REASON OF PROCEDURAL? THAT IS MY UNDERSTANDING AND THEREFORE, MY VIEW ONLY OF THE SITUATION AT THE MOMO.
BOTH OF YOU ARE CONTINUALLY GOING AT ME AND PICKING EVERYTHING TO CRITIQUE?
I HAVE NOW PUT IT TO THE MAIN KDNC FORUM. SO FAR TOMCAT-14 HAS SAID THAT SHIPPING CAN START TO GET $10 PROFIT BUT ON MY ASKING, THERE IS YET NO REPLY AS TO CAN KDNC NOW OFFICIALLY START SHIPPING AND IF SO WHAT IS THE DATE?
NOTHING WRONG WITH A VIEW OF WHAT ONE HAS READ AND HEARD -EVIDENCE MUST COME FROM THE OFFICIAL REGULATORY NEWS SERVICE IE RNS.
FOR AVOIDANCE OF DOUBT: A VIEW CANNOT BE CONSIDERED"FALSE" IF THERE IS NO ACCOMPANYING EVIDENCE OF AN RNS TO SAY KDNC WILL START SHIPPING ON X DATE SHORTLY IF SO?
News, Sat 6 Mar 2021.
@news. It is perfectly OK to say something is false if you are 100% certain it is. What you are saying is false. DEV can ship per the official RNS.
OK, EYEGUY AND OBSERVER842
I have now taken the SHIPPING CAN START PER THE BOTH OF YOU although this is not my understanding as the FINAL SETTLEMENT AGREEMENT WITH THE BANK CREDITORS HAVE NOT BEEN SIGNED. Logic and reasoning 101.
NO ONE ON THE MAIN FORUM THINK SO EITHER AS I DID NOT READ SO THUS FAR?
NO ONE HAS SAID SHIPPING OF AMAPA IRON ORE STARTS X DATE.
NO RNS FROM KDNC TO STATE SO YET.
KIRAN MORZARIA IN HIS LATEST INTERVIEW WITH ************* IN RECENT DAYS ON KDNC OFFICIAL TWITTER HAS NOT SAID SO.
NO ONE HAS CONFIRMED THAT YET.
NO DATES GIVEN WHEN SHIPPING CAN START, NO EVEN ALAN GREEN OF BRAND COMMUNICATIONS.
I HAVE NOW TAKEN THIS TO THE MAIN KDNC FORUM TO PUT IT OUT THERE. I WILL TAKE WHAT OTHERS SAY.
OK, LETS END THIS NOW.
EYEGUY, TRY TO BE MORE CAREFUL WHEN YOU USE THE WORD "THAT IS FALSE" BECAUSE THERE IS NO KDNC REGULATORY NEWS SERVICE IE RNS TO SAY THEY WILL NOW START SHIPPING WITH A DATE. KIRAN MOZARIA HAS NOT SAID SO EITHER IN HIS INTERVIEW.
SO, IF IT IS MERELY A READING OF ONE*S OWN VIEW FROM PAST RNS*S , THERE IS STILL NO RNS TO SAY KDNC IS PLEASED TO SAY THERE IS NO FINAL SETTLEMENT WITH BANK CREDITORS BUT KDNC WILL START SHIPPING OF THE IRON ORE AT AMAPA ON X , Y DATE?
SO, NOTHING FALSE ABOUT THAT- THERE IS NO OFFICIAL RNS FROM KDNC.
So, its all merely WHAT PEOPLE THINK LIKE YOURSELVES OF WHAT IT MEANS BUT KDNC HAS NOT ISSUED AN RNS TO SAY SHIPPING W I L L START ON MAR OR APR ....OR WHATEVER DATE?
-----------------NO RNS------------------
Sa, 6 Mar 2021.
Evidence in my post Today 08:43
@EyeGuy. Just to be clear. Only the first $10m net can ship without final agreement with the banks. The HOPE is that final agreement is reached before or around the time of first shipment, and by the last one, so that shipping can continue after $10m net has been realised.
PER EYEGUY, Fri, 22:15
"The shipment will start with money going to Dev. The above statement you made is false."
-----
Eyeguy - so what you are saying is that WITHOUT THE FINAL SETTLEMENT BEING SIGNED FROM THE BANK CREDITS [Kiran Mozaria*s latest interview info], THEY ARE STILL GOING TO SHIP REGARDLESS?
FOR THE AVOIDANCE OF DOUBT; KINDLY DO NOT USE THAT WORD LIGHTLY IE FALSE as there are IMPLICATIONS LEGAL AND OTHERWISE.
THERE IS NOTHING FALSE-THAT IS WHAT ONE PERCEIVES. IF THERE IS NO LEGAL SETTLEMENT BETWEEN THE BANK CREDITORS IE FINAL SETTLEMENT PER MR KIRAN MOZARIA, CEO, KDNC, THEN IT GOES TO FOLLOW THAT SHIPPING CANNOT START-ITS LOGICAL AND REASON 101. NOTHING FALSE ABOUT LOGIC AND REASON SURELY? THAT IS THE PERCEPTION OF THE PEOPLE ON THE MAIN BOARD IE SOME FROM WHAT I READ. I HAVE NOT READ THE MAIN FORUM KDNC SAYING THAT SHIPPING WILL START.
LETS US ALL GO TO KIRAN MORZARIA , CEO OF KDNC-DO I HAVE YOUR PERMISSION ?
I WILL TWEET TO KDNC ON TWITTER TO ASK THEM TO CLARIFY WHAT BOTH OF YOU SAID. i will now take it to the main KDNC FORUM.
I WOULD LIKE TO HEAR FROM OTHER PEOPLE NOT JUST THE TWO OF YOU.
OK, END OF CONVO.
and quite honestly my reputation as an LSE poster- I couldn't care less to be honest what people think either positive or negative.
all the best
news- im not trying to cause and argument and I will always post with respect.
However your assumption that the shipping cannot start isn't true. This has been released in an RNS.
Also the settlement has absolutely nothing to do with the shipping starting. It isn't related and was re stated by Kieran about 2 weeks ago. Some of the muppets on the other BB have never seemed to have grasped this.
Again I repeat. The iron ore shipments are 1.39 MT of ore 62% fines (or mostly)
As these shipments are over next 18 months the advantage of the high iron ore price cannot be underestimated.
This should just about clear the CAPEX required for the main mine which is circa $168 million- if all proceeds are put towards it (yet to be seen) At $61 price of course there is still a big chunk of capex to find.
On the topic of reputations. I personally don't post to be seen to be right, I'm posting to share what I know and hope that others tell me how I could improve this, or even tell me it is wrong if it is. Bluntly or with kid gloves, either is fine, for I have then learnt something new that day. This is what it's about for me. I have zero interest in "a reputation".
----------------MY OFFER TO OBSERVER842 & EYEGUY + ANOTHER POSTER WHOM OBSERVER842 MENTIONED supports his figures.---------------------------
IF YOU ARE CONFIDENT IN WHAT YOU SAY IS RIGHT - WE CAN TAKE THIS FURTHER.
I WOULD LIKE TO INVITE BOTH OF YOU TO KNDC.
I CAN APPROACH KIRAN MOZARIA, CEO AND CHAIRMAN SUCKLING TO TELL THEM AND ASK THEM TO LOOK ON THIS FORUM AND ASK THEM TO PROVIDE OFFICIAL GUIDANCE IN THEIR NEXT RNS OF KDNC OR IN AN INTERVIEW CONFIRMING WHAT YOU BOTH SAID ABOUT KDNC CAN GO TO £5-10 @49% SHARE IN AMAPA IRON ORE AT FULL PRODUCTION which will not be for another 3.5 years at least or less or more depending on what is the new timeline. And then whole of life mine of Amapa at 14 years.
OBSERVER842, NO POINT IN TRYING TO NIT-PICK EVERY LITTLE DOT OF WHAT I SAY.
IT MERELY SHOWS TO EVERYONE YOU WANT TO JUST SHUT OPEN AND FRIENDLY CONVERSATION. YOU DO NOT DO THIS ON THE OTHER KDNC FORUM. WHY/ IF YOU NIT-PICK "EVERYONE" ie in more than 1 etc, then PEOPLE ARE GOING TO GET ..
SPREAD YOUR "CRITQUE" OF EVERYTHING PEOPLE POST ON THE MAIN FORUM AS THAT WAY EVERYONE WILL SEE YOU ARE FAIR. THIS GOES FOR EYEGUY AS WELL. HE DOES NOT POST HIS FIGURES ON THE MAIN KDNC FORUM. WHY? POST IT THERE.
THEN BOTH OF YOU AND THE OTHER PERSON CAN HAVE A GREATER AUDIENCE AS NO ONE READS THIS FORUM.
THAT IS THE END OF THE CONVERSATION-NO POINT IN GOING TO AND FRO AS IT IS GETTING NOWHERE.
I HAVE EYE-STRAIN AND HENCE USING CAPS. I AM OFF FOR BREAKFAST AS ITS 8.40AM.
Sat, 6 Mar 2021.
Observer842- the other day, you posted and replied close to mid-night.
Now, its morning and breakfast time. So, both you and Eyeguy are now or appear to be very interested in correcting ONLY ME. Why? Go on to the main forum KDNC and tell them. DO NOT WORRY AS NO ONE READS THIS FORUM.
END OF THE DAY-MY REPUTATION WILL BE INTACT FOR BEING CONSERVATIVE AT THIS STAGE AS THERE IS NOTHING TO JUMP ABOUT GIVEN NO FINAL LEGAL SETTLEMENT = KDNC DOES NOT EVEN OWN ANYTHING AMAPA = 0% SHARE.
If, BOTH OF YOU AND OTHER POSTER WILL NOT WANT TO TAKE UP MY OFFER, THEN THIS CONVO ENDS HERE. I LOOK TO KDNC FOR OFFICIAL FORWARD GUIDANCE - FAIR ENOUGH -ITS MY MONEY-MY SAVINGS.
I TAKE MY OWN VIEW, OTHERS TAKE THEIR OWN VIEW AND BOTH OF YOU+1 CAN TAKE YOUR OWN VIEW. I DO DUE DILIGENCE AS ADVISED BY THE FCA TO TAKE CARE AND TRY TO DO MORE DEEP DIVE IF POSSIBLE, HENCE WHY I SAY IT MUST COME FROM KDNC AND THE BOARD VIA RNS OR OFFICIAL MEANS NOT BACK OF ENVELOPE CALCULATIONS WHICH NO ONE ON THE LONDON SOUTH EAST FORUM CAN TAKE SERIOUSLY GIVEN NO ONE HERE HAS AN FCA LICENCE TO DO SO except BROKERS via BROKER REPORTS- NO BROKER HAS SAID WHAT IS BEING SAID HERE ON KDNC. LEGALLY, KDNC DOES N O T OWN ANYTHING OF AMAPA = 0% SO WHAT ARE WE DISCUSSING NOW AT THIS TIME?
Apologies! I meant to post the evidence...
"Update on the Amapa Iron Ore Project" (19 February 2021)
http://irservices.netbuilder.com/ir/cadence/newsArticle.php?ST=REM&id=311428214259683253
===[
DEV Mineração S.A's ("DEV") can now commence operations to ship sufficient iron ore to realise a US$10 million profit from the Amapa stockpiles situated at its port (after the deductions of all logistical, regulatory, shipping and sale costs). We look forward to updating shareholders when operations recommence at the port
]===
@news:
===[
---NO FINAL SETTLEMENT BETWEEN THE CREDITOR BANKS YET, SO NO AMAPA 20% KDNC****
No final settlement SIGNED = NO SHIPPING can be done.
]===
As @EyeGuy has already pointed out, this is simply not true. Please stop being so adversarial. We can disagree yet still debate civilly. I've challenged @EyeGuy previously - we are still cordial to each other.
CONTD....
MARKET-MAKERS, MARKET, OLD-TIME INVESTORS IN REM LEGACY DAYS PRIOR TO NAME CHANGE TO KDNC, NEW INVESTORS AND THE WHOLE OF LONDON SOUTH EAST FORUM COULD HAVE SEEN THE ABOVE TITLE as above given it is quite ? [big no*s?].
Since the posting on the main forum a little while ago about KDNC could go to £5 and £10, no one HAS YET TAKEN UP THIS OPPORTUNITY. Why? Share price of KDNC REMAINS between 18.5-19.2p. NO CHANGE SINCE THE POSTING ON THE MAIN KDNC FORUM EARLIER AND RECENTLY AND ON THIS FORUM AND ON TWITTER.
MARKET-MAKER WILL NOT MARK UP THE SHARES-NO ONE WILL INVEST THEIR LIFE-SAVINGS FOR THIS TICKET WHICH THIS EMINENT POSTER HAS PRODUCED £5-£10 AS ABOVE TITLE.
On Twitter, one 1 chap said he has some or all of his 5p shares at a time when 1 chap talked about KDNC but it was NOT EyeGuy.
SHARE PRICE WILL NOT MOVE UPWARDS ---NO EVIDENCE OF FINAL SETTLEMENT = EVERYTHING IS MERE ?
Discussion therefore is all FRUITLESS.
ME-I DO NOT NEED CONVINCING
I think 2 people apppear to want to ....at me on this forum. THERE IS NO FAIR FORUM with 2 vs me alone.
SHARE PRICE
Since NO ONE IS BITING, IT IS THEREFORE, NOT NECESSARY TO CONVINCE ME OF X OR Y AS ABOVE TITLE. I am NOT standing in the way.
LONDON SOUTH EAST SHARE FORUM REPUTATIONS
From all that is posted ABOUT SHARE PRICE GOING to £5-10 if KDNC WERE TO OWN 49% OF AMAPA HAS TO BE TESTED IN TIME TO COME @FULL PRODUCTION PER THIS EMINENT POSTER.
EYE-GUYS FIGURES WILL ALSO HAVE TO BE TESTED IE WHETHER IRON ORE PRICES OF SOME US$174 FOR 62% FE IRON ORE AND US$200 65% FE [latter posted by EyeGuy on Twitter? from recall] WILL HOLD AND FOR HOW LONG?
GUIDANCE FROM KIRAN MOZARIA, CEO OF KDNC
Neither Kiran Mozaria or the Chairman of KDNC has ISSUED FORWARD GUIDANCE THAT KDNC ARE GOING TO £5-10 AT FULL PRODUCTION @49% SHARE OF AMAPA GIVEN KDNC HAS NOT EVEN GOT THE 1ST 20% GIVEN THE LEGAL COURT CASE AND NO FINAL SETTLEMENT SIGNED YET FROM THE BANK CREDITORS. NO RNS FROM KDNC NOR IN THE LATEST INTERVIEW BY KIRAN MOZARIA WHICH IS ON THE OFFICIAL KDNC TWITTER WEBSITE.
YEAR 17.5 YEARS TIME
}We can come back then and say AH, THIS AND THAT. UNTIL THEN, ADIOS.
I am in a hurry as I need to get breakfast so CAVEAT THERE CAN OR COULD BE ERRORS SO IT IS CAVEATED "AS IT APPEARS."
Thank you.
News, 6 Mar 2021.
SHARE FORUM REPUTATION ON LONDON SOUTH EAST- FROM WHAT IS POSTED, ONE COULD EARN A REPUTATION FOR X OR Y OR Z. SO, THE PROOF OF THE PUDDING IS IN THE EVIDENCE TO COME IN THE REAL SHARE PRICE AND WHETHER KDNC SP GOES TO £5-10 AND HIGH PRICES OF IRON ORE TO CONTINUE TO WHEN. EXPERTS LIKE GOLDMAN SACHS PER ALAN GREEN*S ARTICLE ONLY STATES TO 2021 & 2022 AND THEY GAVE US$95 per ton for 2021 and US$95 for 2022.
****TWO PEOPLE VS ME ALONE but 1 not posting****
Does appear UNFAIR. Hence, why I will NOT BE ANSWERING ANY FURTHER OR POSTING HERE.
@news: "When iron ore prices are HIGH, it could be due to demand OR consequently at the same time, COSTS have risen due to Covid, shipping containers in tight supply, oil prices going up. To get a REAL-TIME PIC, one would have to follow and look at what a CEO of another iron ore listed co say [mid-tier or multi-billion co] FOR FORWARD GUIDANCE. Forward guidance is merely telling we think the iron ore prices will hold for the next financial year and therefore we believe that our revenues would be in line with our forecasts etc."
Excellent insight. Happy to explore this further - I've been following the BDI (Baltic Dry Index).
@news: "£5 to £10 per share at full Amapa production?" It's a question mark. We are discussing the possibility... This is exactly what these boards are for: to share research, discuss the merits. Challenge where appropriate. Seriously, take a chill pill. LoL.