Member Info for highlandmatt

Just thought I'd change the thread title.
@Aimster. Thanks for that paper, that detail actually explains a lot.
If they already have a model PSA, why not just enforce the use of that? Unless they think they can do better?

I'll leave you with your thoughts. I'm going to bed, got work in the morning. Good night.

'Sowing doubt'? You think highlighting a particular section of an article that has been posted, and asking for people's views on what it might mean, and expressing a view myself is sowing doubt? I'm just trying not to get too excited, as we've been disappointed on timescales before.

And yes, 'misinformation' is something you know not to be true, or statements based on no evidence; both with an intention to deceive. Very different from having an interpretation or view on something.

You are in quite interesting territory if you are claiming that a share bulletin board is not the place to share thoughts on research material found by various shareholders/posters.

Up to you.
But I do take exception to the suggestion that I have 'deramping mates'. I like to see research, to hear folks's thoughts and theories; but I think that spreading misinformation to gain a lower entry point is not very honourable.

Yep, always good to be prepared for various scenarios. I'm prepared to keep buying a depressed SP if I have calculated that the value will be higher in the future.
Very simple, my wife has been away visiting her parents this week, so I've had more time to look at my investments and participate on bulletin boards. It's made me realise I need to be a more proactive investor.

I hope so Bucklerfern. However, having worked in the public sector, I've long since ceased to be surprised by a government's ability to take forever to make even apparently simple decisions. Just because it makes sense to the rest of us, doesn't mean that governments will work to any timetable but their own.

Nope.

@ivans. Who is deramping? I can see some pessimism and some caution, but surely that is natural? Hell, sometime I think I'm going to make money on this share, and sometimes I think I'll lose. Does that make any views/thoughts/musings/questions either ramping or deramping? Or does one have to have an attendant trading strategy to qualify?

"Currently the team is looking at financial and economic modeling used in PSAs to determine the best for the country". If it has taken a year to review 11 contracts, how long do we think it will take them to determine the model they want, then to negotiate with companies? If we need a PSA agreed to sit alongside the licence, it might not be as quick as we might hope.

Cheers for that. Gold appears to be holding above 1500, which is nice, but if we have costs of $250m per annum, we need to produce 166kt to break even. If the grades in the orebody are up the spout, and we need Capex of 10s of millions to take New Liberty underground, what do we think is the likelihood of achieving that? Bizarrely, the related party transactions might just be a benefit at the moment. He needs the company to keep going to get paid.

One thing that is puzzling me, is that he effectively loaned money to Avesoro to buy Youga off his holding company (i.e. paying himself), but then wants to buy it back with his holding company. I initially thought it was a way to extract a value for Youga that he could pocket (i.e. Avesoro is expendable and Avesoro Jersey was where the profits went), but now he seems to want Avesoro inside Avesoro Jersey. My conclusion is he now needs the dollars that the mining operation brings, and is now just being opportunistic to snaffle the rest of the company on the cheap while it has some temporary issues.

Anyone else think this should drift up to £1 (at least) from here?

I'm very sceptical of the benefits of using trend analysis for any shares where there are either major changes in the economic environment it operates (e.g. market product prices) and/or company circumstances (discoveries, licence changes). Can anyone enlighten me to the theoretical benefits of using past share price for anything other than a very stable share?

Hey Nosirender. I respect your right to a view and your right to say it, but why start by name calling and throwing stones at folk?
Hey Bucklerfern. I think we can do without the insults and swear words, please. If you don't want to talk to someone, please filter them so the rest of us don't have to read a slanging match.
Let's keep the quality of information high, and any debate clean, mature and polite. Cheers

*Edit
Shipping schedules (no impact long term) and market prices are not (within their control).

Indeed. I like the fact that the things they can control (within reason) like production, capital projects, operating costs are all positive. Shipping schedules (no impact long term) and market prices are not. Overall I'm very happy with this update, and if anything, any negative SP reaction to H1 profit figures just provides another buying opportunity ahead of H2, although I must admit to having taken a little profit at 250p pre-results to take advantage of opportunities elsewhere. If the SP softens, I can see me putting that money back in here.

That would be £2 at the moment, then?
However, steadily dropped to £1 in the 9 months to May this year. So, if he took his time, better for him?

JODO

31-May-19 08:18:51 0.89p 32,818 shares Sell* Bid=0.85 Ask=0.95 £292.08 Ordinary

A lot smaller than what you were after?

My buy showed up as a sell as well. I guess it is a case of remembering that for every buy there has to be a sell, and it is just the LSE site assuming it is a sell as it is below the mid point of Ask/Bid. I think we may be soaking up the shares from that big sell recorded at 16:32 yesterday, with shares offered slightly low to shift the volume?

http://www.kenmareresources.com/investors/reports-and-presentations

Positive outlook.

Thanks CP. Rushing and didn't notice the link.

Why has Nyuni been written down? Was it overvalued, or has there been a change in data or licensing?