Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Ferroalloy.net
China Market Analysis 12-16Nov
Zircon Sand : Followinng the increased international zircon sand price, domestic zircon sand suppliers also aksed at a strong price
during this month. However, actual transaction deals were not ideal and mainly were in the stalemate due to the price. In addition, the
demand from downstream companies especially from zirconium silicate companies decreased much compread with previous years.
And then the overall domesitc zircon sand market was not as good as expected. And it is expected that this situation will last for a
while.
Unit: CNY/T
Item Spec. Origin
Price on 30
September 2018
Price on 31
October 2018
Change Remarks
Zircon Sand 66% Australia 12700-12900 12700-12900
--
Tax Included
Zircon Sand 66% Indonesia 12800-12900 12800-12900
--
Tax Included
Zircon Sand 66% South Africa 12700-12800 12700-12800
--
Tax Included
Zircon Sand 65% Vietnam 10500-10700 10500-10700
--
Tax Excluded
Zircon Sand 65% Hainan 10600-10800 10600-10800
--
Tax Excluded
Zircon Sand 65% Mozambique 12000-12200 12000-12200
--
Tax Included
Zirconium Silicate: This month, it is harder for zirconium silicate manufactures do run their business. They received few demand and
inquiries with the decreased operating rate in ceramic industry. In addition, their production cost is increasing with the increased zircon
sand price. Therefore, many zirconium silicate companies disclosed FerroAlloyNet that they may suspend their normal production in
advance. And it is expected that the operating rate and production amount of zirconium silicate will continue to decrease in the near
future.
In the word of one of your countrymen ‘Don’t Believe a Word’
Ruidow, TZMI, and any others are publicity machines for what the miners want you to believe.
Prices are falling in China & demand is reducing. Wakes wakey!
Buck,
Zircon prices are falling in China and have stalled elsewhere since July 18.The slow down in China has eased up the demand/supply balance and thus the change. Suspect that Trumps impact in China will eventually filter through to the other heavy minerals.
We're already in the downcycle.
Buck/Cont
You must be as sick as dogs with this c..p. Jam tomorrrow for years & now we’re on the downslope of the cycle & look where we are.
This needs a white knight riding over the hills from RSA or an Australian buccaneer sailing across the South Indian Ocean.
What a pile of s..te?
Yeah sure BTB, you need £2.50 to extricate yourself from the latest KMR s..t show you got yourself in to, and by constant ramping, you want us to posters here to get you out of it.
All of what you said has been obvious for over a year and the sp still falls. Board level changes are needed for the sp to get some confidence.
Careful Supa.
You're upsetting a 'Clueless Poster!'
Board changes required, whether personnel or remuneration- changes needed. Maybe salaries halved and bonus payments based on sp performance would improve the views on many investors.
If you understood this market you would know that you are playing a game of chance, or haven't you realised that the titania minerals market is cyclical. And unless China does a remarkable U Turn, Trump calls off the dogs, we're on the downside of the cycle. Iluka sp can tell you that.
Company stooges will say anything to keep punters in.
Are you an employee, a paid consultant or a relative?
What a load of bo..ox?
If you, Cap and Cont were making so much money, the last place you would be is here in KMR.
There are hundreds of shares out there that have been far better and far safer bets. Worse that that, its looking like the downside of the cycle is starting.
Youre caught in like the rest of us with historical buys that still need to break even.
Total f...ing bo..ox!
How much you made this week Cont?
Cap, moral high ground but think on,, they're acting & sounding like a start up instead of a 23 year old business. Whilst the board pay themselves handsomely.
Its all about the sp at this stage in the game and its not good!
Nosi,
On re reading your post, I withdraw my strong language statement as I hadn't read it carefully enough.
On the other hand I reiterate my point about KMR 'missing the boat' - Iluka have fallen from a high of $12.12 to 8.54 from May to July this year.
Time for a change......
Nosi,
Theres only one camp and you're in it. Its the KMR camp, until you cease being a shareholder. There may be quite a lot of dissatisfaction in the camp but Buck doesn't have his own camp. He may be a company stooge, or a cousin of MC but he does provide a lot of detailed info which I haven't got the time or cannot personally be bothered to hunt out. Cont is a stooge lackey and rarely contributes anything worthwhile.
Your very strong language detracts from the validity of your arguments. I agree that changes are required at the top to freshen it up.and this might be seen by the lack of interest or headlines post CMD, although it is still early.
Think someone maybe Supaman called it 'unloved' yesterday and he's right, this also supports your argument for change at the top.
Its a pity, but stalling zircon prices, stalling or reducing ilmenite prices, depreciation of the yuan with a faltering Chinese economy - I may well be right that we've missed the top here, in fact we may well have missed the ride up!
Am pretty sure that the Irish Independent journalist knew full well that it was an important day for KMR but unfortunately the KMR PR dept haven't nurtured the necessary friendships which help encouraging headlines. Every announcement for the past 2 years have spelt out a case for a higher sp but where are they? Its to do with the attitude and amount of time they invest in this area - from the outside it doesn't seem enough. But then us muppets don't have the prophetic insight on the sp that you have Cont ! Presuambly that accounts for the big profits you regularly rein in on this share.
When you have headlines like this, you need some decent PR.
https://www.independent.ie/business/irish/kenmare-shares-fall-sharply-despite-dividend-payout-news-37428765.html
See Buck/Cont now pushing the acquisition play instead of the jam tomorrow story.