Iluka

3563 days ago

OINK! Kenmare: The Boardroom pigs should be shot – Debt Financing Update

The grotesquely overpaid and underperforming  pigs (see HERE and also HERE in a piece containing explicit sado masochistic sexual imagery and also Michael Carvill) that sit on the Kenmare Resources (KMR) board managed to persuade their shareholders that it was right to reject the bid advance from Iluka. That allowed more time for boardroom troughing but boy shareholders must be regretting it as the Irish titanium miner finally fessed up to its debt pickle today. 

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