RE: £5 to £10 per share at full Amapa production?6 Mar 2021 08:14
SHARE REPUTATIONS ARE ON THE LINE HERE.
Observer842
EyeGuy
News
Why?
I havent read the posts below except to take a glance but I do not wan to go any FURTHER into this conversation because it will NOT end given there is 2 vs me alone. There is NO open discussion and where the BOARD OF KDNC are now aware that these figures are being postulated. As I said, the Founder of REM [now called KDNC] posted a tweet recently from the Australian Financial Review [blue banner] from recall and the header said something like iron ore prices to hold for another year from recall. I was in a hurry and did not read it in detail or read the article. However, in Australia, many majors etc are into iron ore so Australia would cover this story more. However, I DID SIT UP. The Founder does NOT often POST such articles and therefore as he said, "you snooze, you lose."
EBITDA
I did CAVEAT my post with "SAY" so that means that it is NOT a detailed figure. If there are details, I would have to CHECK BENCH-MARKS of other listed iron ore co*s Londo-listed.
MARKET-MM*S-INVESTORS
As I said, KDNC in recent times fell to some 5p or a bit less on intra-day? I saw chatter on Twitter about it ie they thought the price was attractive as SENTIMENT had driven the share price to where it was? That is perception. So, the share price rose to 14p and some or many exited. I do not know who most are on Twitter as I check KDNC news and saw folks talking about it.
****KDNC £5 to £10 per share at full Amapa production @49%-header*****
This header has been NOT only posted here but on the main KDNC forum as well AT THE SAME TIME AS HERE. A little earlier, it was also posted by the same eminent poster who mentions another old time poster.
EyeGuy posted some figures on iron ore price. I posted that these may not hold for the next 17.5 years [shipping of potential stockpile, scoping study, recommissioning and 14 years of mine life]. I was unaware that EyeGuy would pop up or read this forum NO ONE READS. So, I merely said that "SAY" relating to EBITDA and out comes this eminent poster of the above title to take me on as well to LEND support to say I was wrong not to make EBITDA 3X instead of 2X if iron ore prices double. 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.
SO, THE FOUNDER OF REM HIMSELF HAS TWEETED THIS ARTICLE AND THEREFORE, I TAKE NOT.
---NO FINAL SETTLEMENT BETWEEN THE CREDITOR BANKS YET, SO NO AMAPA 20% KDNC****
No final settlement SIGNED = NO SHIPPING can be done. NO S
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