RE: Heading towards19 Mar 2018 17:33
Something has to happen here. I'm thinking a bigger player could also demand higher prices with its existing customers, for KMR products. That in itself could double 2018 profit without even trying. On that basis EBITDA could be 100m + this year.... £600m would be about right. The current larger investors would double there input of cash.. They could wait quite a few years for that at this rate of growth and that's without any bad news... negative news in this part of the world is a possibility at any time and prices are really in the hands of China's need. Always said it, KMR are so slow to take advantage, that they may miss the boat and only catch it on the way back down!! Now heading towards 8p old money. Someone or something is holding this down, that's for sure. To rub salt in the wounds, we get this mornings RNS....