3556 days ago
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.
3832 days ago
Kenmare Resources (KMR) keeps on promising both operational improvements and that the price of ilmenite will firm up. History suggests that the former is about as likely as grotesquely overpaid managing director Michael Carvill (what will your “bonus” be this year Mike?) winning Miss World. And on the latter…oh dear: more bad news.