Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
Nice. Another small increase in TiO proces: http://www.sunsirs.com/uk/prodetail-645.html
Good luck to everybody in 2021. Let's see where market prices are taking us along the road. http://www.sunsirs.com/uk/prodetail-645.html.
Brexit consequences. EGM in January 2021. https://www.kenmareresources.com/investors/shareholder-information/extraordinary-general-meeting-2021
New investor presentation posted (on 3rd of December?): https://www.kenmareresources.com/investors/reports-and-presentations
Empty market. Waiting for further confirmation of pos's and neg's, within and outside of KMR control. Not accumulating not reducing position. And waiting for once-and-for-all unconditional unexpected cash take-over bid of GBP 7.
I agree with some of thyourose statements re RNS, particularly prices and output (to be confirmed though in output report). Pipe is not 'nearly complete' though, as parts still being delivered end of January (expected), transport costs over road are eating considerably into margins unfortunately for another 3, or more, months. Very good to see fresh input to Board committees. Time for change.
Looks like large selling block @ 3,05 for now. More time, and achievement of operational and financial milestones, required to further drive up share price i.m.o. As production will be going to 1.2Mtpa and, more importantly, proof of evidence that cash costs going to the promised ~USD130 zone, it will time for S/P to increase further.
The good news is that production at Pilivili is commencing in the next few days, a month or so earlier than anticipated. The bad news is that CAPEX overrun now @17% of budget (increasing from the 10% overrun estimate not so long ago and not entirely clear to me why this overrun is so significant) and higher OPEX running into the first quarter of 2021. Overall not a brilliant performance unfortunately, even while understanding very much the challenges that COVID-19 has posed. Let's hope for better in 2021! Good luck all.