By Tom Winnifrith | Monday 14 October 2013
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I have been a bear of Kenmare Resources (KMR) for some time and predicted that a cash call was on the way. That it and a profits alert was served up at 5.21 PM the other day rather makes my point about the management of this business. But the mega teddy on Kenmare is the world’s most cynical mining analyst Roger Bade of Whitman Howard who has let rip today. Bade writes:
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