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No BTB, impossible. Can you imagine the laughing stock he would be from the shareholders etc?
However I have speculated in the past that he is related...…
You know, the unfilled brother, cousin, uncle who didn't get a proper job and so he may be paid to spin positive propaganda on here. Attack naysayers!
Possibly even the sister, pardon me for being unknowingly a little sexist there!
You never know....
Don't know if this has been posted last week as I was travelling.
Kenmare expects grade depletion to affect the company's ilmenite production capabilities in 2019.
Mineral-sand miner Kenmare has forecast its mineral sand production to "moderate slightly" in 2019 due to ore depletion at its site in Mozambique.
Since mineral sand production is constrained by the concentration of valuable minerals in mined ore, a move to less richly mineralized parts of a deposit can result in reduced production.
Kenmare forecast ilmenite production at its Moma site in Mozambique at 900,000-960,000 tonnes in 2019, down from output of 958,000 tonnes in 2018.
But the company forecast a stronger performance in zircon and rutile production. It estimated zircon production at 44,500-52,000 tonnes in 2019, up from 48,400 tonnes in 2018.
Its rutile production will rise to 8,100-9,500 tonnes in 2019 from 8,200 tonnes in 2018, it also forecast.
Kenmare has positive expectations on pricing this year due to feedstock shortages despite predictions that the titanium-dioxide market will soften in the second half of 2019 because of restricted production and exports from India and Vietnam.
A shortage of high-grade TiO2 feedstock will support demand for chloride ilmenite and ilmenite for use in upgrading plants, Kenmare said.
Fastmarkets IM on January 10 assessed the price of Ilmenite concentrate, 47-49% TiO2, CIF China, at $164-180 per tonne, unchanged week on week.
In addition Nosi, I called the KMR sp miss of the latest upward trend of raw material and now we are firmly on the downslope. Todays Asian Metals talk is about zircon millers stopping in China, Indonesian zircon supplies shutdown and rutile prices falling. Definite downslope gravitational pull for the sp.
Despite improved profitability etc etc etc this sp wont move forward. Change at the top is needed, someone with real contacts in London because MC hasn't got them and as Nosi says his previous record isnt respected.
Loads of these Buck yesmen have lost money in the past 6 months and will continue to do so. Oh YES, they say they are prepared to sit on it and wait for it to re emege from the depths, - Unlikely- Few investors are happy with that attitude and hopefully the large Mid East investors will think similarly.
Cont - Major idiot alert.
All those purchases you were buying around £2.30 - looking good now. BTB - the same.
Ramping aholes cos you're so far underwater. A dog is a dog and this is a mongrel!
Selling in USD and still falling like a stone. A mongrel.