Kenmare

Q3 production update — right on cue

  • Sectors : Resource
  • Companies : Kenmare

Ratings and price correct at time of issue.

  • Kenmare

    Closing Price: 268.0p

  • RATING 03/08/16

  • PREVIOUS RATING 07/12/15

    UNDER REVIEW

DAVY VIEW

The third quarter was all about the move of the B plant. This was successfully achieved with the restart of production expected in the coming days, several weeks ahead of the schedule as per guidance. This is clearly a good outcome for shareholders and, while WCP B is in a new location and a full restart has to be negotiated, it materially increases confidence that our current production and performance targets will be achieved.

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Oct 15 2020, 07:25 IST/BST

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