Member Info for shepdave

Or Trump related general market malaise ?

Could be an interesting opening today !

Thanks SAGACITYRULES, I was hoping someone would respond to that clown, as I really don't have the energy myself. There was one small piece that I wasn't up to speed on and caused me some slight concern, and that was to do do with the negotiations on terms with the government, but expect that is just a periodic renewal that is actioned without too much financial impact. Any thoughts on that ?

Expecting.an update during week commencing 8th July, if last years was anything to go by, so a couple of weeks now and we'll see.

Finally arrived, 23.24p per share after the wht, now need to revisit how to claim the tax back.

Still waiting on mine from Barclays, they are always late so not holding my breath.

Yeah, I worked out a 20.27% increase in share price based on current Energy fuels share price of 6.08 USD and the current exchange rates.

Think Energy fuels share price would need to slip to below 5 USD for no extra value from current price.

7 USD would give 35% additional value.

Guess it will gradually edge up over time over the next few months if no issues.

Https://www.investorschronicle.co.uk/news/2024/03/20/kenmare-resources-strong-performance-belies-valuation/

Reiterating many views I've seen here.

Anyone expecting an announcement from Fidelity today - down to some 6.5% s my guess if anything.

Was there an expectation of how much they were intending to reduce by?

I see the latest bulk carrier Ocean Innovation has been in Moma since the 11th jan and appears to be taking on daily shipments from the Bronagh J. Looks like this could be another big shipment into 1st Q 2024 to add to the 2 that just missed the cutoff at year end. I thought kenmare had 2 transhipment vessels but haven't noticed the second one for what it's worth. It does look like a good start to 2024 though, although the way the SP seems to react which way it goes is anyone's guess.

I see COREBRIGHT OL

IMO 9625437

Just left Moma having been there since 28 Dec, Bronagh J left soon after hopefully having deposited another full load. Given the 24 hour or so turnaround of Bronagh J I've noticed there's potential for 50kt plus on this shipment alone. I guess though it's missed the cutoff for 2023, as I believe that's how it works. I understand something similar happened at the end of 3rd Q so thar should be a positive for next weeks update.

I did some checking for a couple of days on marine traffic site earlier this month.

On 12/12 Bronagh J arrived Moma 13 56 and left 20 22, I expect that equates to a full load around 5K tonnes plus.

The following day Bronagh J arrived Moma 06 00 and left 10 28, maybe a partial load (still around 5000 tonnes though) before the cargo ship departed.

That looks like a turnaround time of a lot less than 24 hours for one transhipment vessel the Bronagh J.

I thought there was another transhipment vessel but haven't noticed one in the port at all, so if there's another process, for loading cargo ships up this isn't reflected here.

Either way there's potential for good numbers here, if you do the maths and extrapalate upwards for december. However I've no visibility what happened in the earlier months in the quarter !

Ridiculous market at the moment, who buys 1 share, what is that about?

Yes tend to agree, anyway Bulk Carrier IMO 9278167 and Bronagh J coincided for around 6 hours today in the port today so with luck that was another 5000t loaded up. Am I correct in thinking this is the only process of loading up, I believed so but were you thinking otherwise.

The Bronagh J has also visitted the port twice over the last 24 hours presumably depositting its load on the African Griffon. So that looks positive.

Not seen any sign of the other trans shipment vessel though !

The following statement is lifted from the 2022 report.

A total of 29 ocean-going vessels visited Moma’s dedicated port facilities during 2022.

Seems there are 5 there now and a couple recently departed. Does seem very positive as you say. But without visiblity of the earlier months in Q4 hard to completely understand the potential.

That should have read buys at 430ish by Tom etc al.

Have to agree, he seemed very well informed.

He could probably have done a bit more research on insider buys a few months back at around 230ish before the divi.

I would have liked a bit more depth of understanding around the loading up of the product on to the shipping vessels from Bronach J and other [name eludes me]. But overall concur with what was said.

I can see 4 ships today, although tend to think a few of them have been there for a few days now. Seems positive !

It looks like there are 3 cargo ships there today, hope you are right !