Rax, don't fall into the jam tomorrow trap with KMR. Its been going on for at least 6 years.
One other consideration that investors should continue is the unrest at the RBM mine down the road. After a 4 week shutdown in Dec, it reopened last week, just to have shootings again yesterday. If this unrest spreads up the road, it is something to think about. KMR do a lot in the community but this is still Southern Africa and just like in North Africa unrest can spread quickly.
Looky here .....…..!!!!
Buck's changed tack and decided to go highbrow against any detractors. Change from his usual low balled responses.
Buck has now decided to muse over what makes a good well informed money making KMR shareholder and the other low brained, ignorant and under resourced KMR shareholders. Apparently Buck suggests that unless you buy the more expensive info that arrives at his door, how could you ever expect to make any money out of KMR.
BTW, Buck, nobody really does make money out of KMR except the directors.
Let me tell you Buck, if you were so good at share spotting, you wouldn't be here on this message board with only 1 share to talk about. In fact, you're not even an investor but a paid KMR lackey sat here to counter any detractors.
Buck then goes on to ruminate about share picking etc culminating in an interpretation of the age old theory, if you can-do, and if you can't - teach it.
Well Buck what you doing on here , day after day, defending a crap sp performance for years on end.
Because.... you get paid for it.
Nobody did nothing to me, you're right, however aholes spinning one side of the story day and night don't half make it difficult to see the light.
Give it a rest Buck! That’s prob the 3rd time you posted that. It’s obvious you knew the man. Nosi was out of order but then so are you pretending that you’re a simple PI and not in the employ of KMR.
Enjoy Xmas & let’s see if this dog can move North in 2020.
Profit, June gig was pre first half results. Doubt it will go that low again.
I didnt ramp PFP, just used as a comparison, nonetheless, PFP are back to where they were 2 years ago, we would all be much happier if KMR were back to their level then also.
Rax, now you’re getting a feel for the sort of houndog you bought in to. Happy Xmas Woof Woof!
It may have turned this time 3 years away unless somebody buys them out earlier. In any case whilst the long term potential looks reasonable, there will still be many disappointments along the way!
Rax, whatever is said on here will make no difference, apart from Buck reporting it to the Board in his weekly summary. You’re in at a good level, so provided you haven’t gone crazy and are prepared to wait, you should be at a good level.
Rax, I’m sure Nosi will answer for himself, but the only attraction for me as a LTH, is the possibility of a Chinese or other foreign company buying KMR for double or more its current share price. That is the only potential salvation to most LTHs in trying to retrieve some of my investment.
Nosi is right, they said expansion out of cash flow to avoid mistakes of the past and then what do they do, same old bs as before, meanwhile the big salaries & bonuses keep flowing to the board. Great life.
Very good Rax! Spot on about prospects and not a bad investment at current rates.
However LTH's have heard it all before and having been waiting for a pay day for many years, whilst the management have never had to wait.
On balance, without ramping to get another punter in, in the long term it could be a good investment, as you say, 2021 onwards looks interesting , or the Chinese simply come in and buy it out.