Kenmare

Positive update on capital projects

  • Sectors : Resource
  • Companies : Kenmare

Ratings and price correct at time of issue.

  • Kenmare

    Closing Price: 326.0p

  • RATING 03/08/16

  • PREVIOUS RATING 07/12/15

    UNDER REVIEW

Person's Name

Colin Grant

Analyst

DAVY VIEW

Kenmare has provided an update on its capital projects. It has completed the Design Feasibility Study (DFS) for the upgrade of WCP A and its transition to the Nataka ore zone. Guidance on the level of capital costs is unchanged, which is positive, and the company also now expects lower costs in 2024.

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Jul 4 2024, 07:10 IST/BST

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