Kenmare

Site visit feedback and new debt facility

  • Sectors : Resource
  • Companies : Kenmare

Ratings and price correct at time of issue.

  • Kenmare

    Closing Price: 295.0p

  • RATING 03/08/16

  • PREVIOUS RATING 07/12/15

    UNDER REVIEW

Person's Name

Colin Grant

Analyst

DAVY VIEW

We recently visited Kenmare’s mine in Mozambique. This covers a vast area, and its remote location poses operational challenges. The infrastructure is well invested, and the mine has a high strategic value within its industry. The demand/supply outlook is improving, and the announcement of a new debt facility is positive.

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Feb 28 2024, 07:00 GMT

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