Member Info for Richorpoor

Tomorrow im exspecting positive news

Normaly i talk it down but i can see the beginning of the turn around

Moz is an exporter of natural gas has more than enough for it's own needs

But does that import oil some from the gulf

I believe Mozambique is better of than a lot of countries in the world in the present situation

Buy on bad news

Sell on good news is a old saying

Both yesterday and today have more buyers and sellers

Make's me think all the bad news is out there

Most of the shareholders aren't panicking

I think it might be hard for directors to buy at the moment

They could be accused of insiders dealing if the dispute with the miz government gets sorted just after one of them buys

I think it might be hard for directors to buy at the moment

They could be accused of insiders dealing if the dispute with the miz government gets sorted just after one of them buys

One bit of good news in report was that the 9.3 million dept owed from a company what was going bankrupt they got 4.6 million back for 1 shipment and the second shipment is back under Kenmare control I think it in the UK so they can sell into the local market so should get most of there money back although prices are lower now than when it was originally sold

Has I expected No profit

NO FINAL Dividend

Maybe talks in Mozambique???

I see the nichel market down 5% this morning

Due to conflict in the middle east

I think it going to be a bumpy ride for investors so me it sit on my hands time should be some bargains to pick up when things come more stable

Wednesday results

What to expect?

With everything going on the world and the mine move and end of the year shipping being pushed into this year will they even pay a dividend I'm not sure if they will although forecast is around 10p but I'm not confident but I hope to be surprised

Well that will mean no news is GOOD news

Means will still only paying 1% for a long time

Gald you are seeing the positives opul

The board would have failed the shareholders to agree to pay the government over 2.5% tax personal wouldn't offered more than 2%

The detours are supporting the boards it's there money to lose to not ours

Opul how would you resolve it quickly.

Offer to pay more tax??or stop production??

Hopefully it will be sorted By the end of the month

If all well and everything is sorted then we can look back and say the board played a blinder for if the delayed the mine move and upgrade they be 3 years behind

Mining in Africa or Asia we need to expect the risk

If they go to arbitration then the tax stays at 1% untill it's sorted

20th is the date the government stated but kenmare said it would allow a few days grace before taking action

Get behind the board to fight our corner

Company presentation 9 march on YouTube under kenmare resources

https://www.investorme... is a link but found it easier to find on YouTube

Government claims it be sorted By 20th March

Kenmare not so confident but will be happy if sorted with in the next month

Good to hear the webinar this morning could expect a rebound

I'm remaining positive but if we get a dividend with everything going on I be surprised

Not to expect to much when results come out on 25 march

I don't understand why you are disappointed

Kenmare have offered a deal above the agreed amount of taxes and have been waiting for the moz government to come back

But the moz government wants more

The old agreement is in place until the new one is settled it seems you want kenmare to pay more tax than we need to

It's a waiting on the moz government not kenmare board

Saga the stock is called 80M

Up 50% scince the beginning of the year

All the board had to do was to agree with the Moz

government terms and it would had been done and dusted a year ago

Don't know why shareholders would not want them to fight for a better deal and put pressure on them to accept a poorer one

I can see a 50% growth in the sp in next 12 months

When the movement of the mine is in its advance stages and the market see the future benefits

Https://share.google/aimode/WHH4S1eUS0a15L1au

Opul hope you understand it will take 18 months to reach the ñew mining area starting June next

Year

Ok 2 years time we be reaping the rewards