Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
SONS
Steven McTiernan joined Kenmare in 2013 and we went through a very difficult time but Kenmare pushed away a takeover offer and raised 80percent of the capital needed to clear the dept at this time i was sitting on big losses along with others 6 years on things are the mine in profit and looking for a bumper year but I don't see Kenmare as a 10 bagger it's been one before but many invest in 10baggers can be at risk of losing 90percent if investing at the wrong time
Hurricane is in a similar place Kenmare was 6 years ago but Kenmare was sitting on 130yearlife titanium dioxide mine not sure what hurricane sitting on
I see Steve lossing about 60percent on his stock in hurricane but at least he is invested not like the directors of ukog were another 10 bag company been heavily diluted shares to raise costing there longtime share holders 1000s
As for the video look for giants well even they can come unstuck David and Goliath but good luck with with the rollercoaster of investment hope you find a 10 bagger
Always trying to keep ahead of the game and finding good information what's free online not always easy
I found a new one last but not sure there news only because I've not heard of them before they have web site and Facebook page there name TIO2INFO has anyone heard of this also and anyone use any others free sites to find out about titanium dioxide market ect
Yes they plan shut down on the 19 November for 6 months while they decide what to do next according to montey fool
Ob hope so too that they nogotiate a better price but I like to keep my feet on the ground have a lot invested here and up70percnt so don't want after many years being down let myself in a land of blindness or my own greed be my downfall but still see this share price as undervalued but also see a great dividend yield coming but next year
Also it did say in China some had pad as much as400usd when demand high but feet on ground I still think this a buy
Ment to read double or treble dividend paid not share price but would be nice
Saw a post on another site saying Bloomberg had quoted Chinese import spot price was at 330usd which I did check at the time but reading Kenmare last report said there order book was full but I'm sure this be at old prices takes time for marketing price to but I'm still exspecting August 6 months results to show higher profits than the whole of last year but for cash flow not sure as some of the costs of the mine move will paid in this6 months but still exspecting good results and also believe the following 6 months will be better as Kenmare catches up with the market price
Prices have risen 20percent this year that's all profit..if the target cost per a ton of the lmining each ton 130usd and we we sell at only 250 with the mine working at 50percent higher capacity can't see anything than at least double or even treble and share price ???? But after years of waiting personally thinking things at the moment looking really good
Should read simply wall Street
Happy to been able to buy back 8617 shares at 31.9 LSE showed as sell they been on holiday in Lloyds shares for the last month nice 3000 pounds profit on the deal I saw simply got Kenmare down as fair share price of £8.50 this time next year could be looking good £6.50 will do me
Exspected a price drop before the August results then £5 pluss
Saga I do agree some people need to work for a living and others live for work has its apart of who they are
My last day of paid work was 8years ago my British wife and I moved to Thailand to help as a volunteer in hospital schools and children homes
I had a bypass operation 17years ago and reach now reached 60 I'm expecting my wife to live another 30years has she only 52 so my efforts to help people sometimes put my wife second so important to retire meaning to have done the job of taking care of those closes to me as well
But I not planning to pop my clogs yet I see how I feel about that when I'm in my 70s
But leaving paid work was the best thing we ever did
Well if we over 6.50 this time next year I'm definitely having a retirement party
Production 46%up on 1st q last year
Yes you right rich 1st quarter results on the 15th which also ex dividend date
Thanks for the update
Did think it would be later has the Easter hols was early this year and of course covic can cause delays
On 9 April 2020 we had a H1 production report any guesses if we get one this week/year
It would be nice to know production update
Add
Spending there own money
This happened on the 24March
On the 24 25 and 26th Kenmare director's brought shares
Maybe they don't know what's going as much as us on this chat
But I added 10000 yesterday
So I know what I'm listening to director's there own money
Thanks big earl for the update.,. looking good ...
production for first quarter out soon expect them on target as march RNS related to covic cases said it only effective production minimally working in high grade part of the mine now should see promising results
Thanks big earl for the update.,. looking good ...
production for first quarter out soon expect them on target as march RNS related to covic cases said it only effective production minimally working in high grade part of the mine now should see promising results
Don't forget in the report last week it was some bills from moving the mine will fall into this year also they going to spend 15000000 on a new generator and the paying to relocate a village so all these things will come off the top line but it's still going to be good
Kenmare was ask about the troubles in northern moz on the last report video with Yellowstone
They said they didn't see it as an problem to them as it in a different area the northern province
It's 8 hours drive away from the mine and these groups are regional intact he seemed to have little knowledge about what or why what was going on in the north it's not a country wide issue it's more a worldwide issue