mining stock. shares

3750 days ago

Is the world’s No 1 mining analyst Roger Bade calling the bottom on Kenmare?

Like myself, the world’s number one mining analyst Roger Bade of Whitman Howard has been a scathing critic of Ireland based Kenmare Resources (KMR) but is the guru now calling the bottom for the shares? It seems as if he might be heading that way.

This morning he has formerly initiated his coverage of the ilmenite producer – hitherto he has merely sniped from the sidelines. The great man writes: 

The Mozambiquan ilmenite producer has disappointed in almost its entire 20 year existence, but it comes to a stage when it may not disappoint any more, at least in the short term.

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