Kenmare Resources - re-rating due soon?

Thanks for finding those posts again Spec. Yes a lot of the figures of the analysis could be updated. I should have really done the analysis on a spreadsheet whereby I could change the discount rate, total measured/inferred resources, total shares in Issue, and price of minerals, etc. Maybe if someone has some time they could take my posts and update it ?

I reckon the new NPV figures would come in at roughly 70P(Namalope/Tupuito area) and just over £3 for the total resource area.

As for drilling, I believe the new drill is at first being used to infill drill in the Namalope/Tupuito area(current project) so that they can best determine the initial target area and development path. Then the drill will be used to develop the rest of their licenced area, which is the really exciting part.

We're almost into 2006 guys, production year. KMR have been an amazing small cap mining company. The odds were against them getting this far, from discovery, to feasibility, to financing, to construction, to finally production. This process takes at least 5yrs+(a new competitor would take at least this long) and we are now in the final few months from the finnish line. Here's to 2006 !!!!