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Oct 5 2022, 07:05 IST/BST
We upgrade our Kenmare forecasts for 2022/2023 and introduce new forecasts for 2024. We continue to conservatively model a decline in commodity prices through 2024 due to macro issues that may impact demand. The share price implies a more severe scenario and is trading far below fair value.
Oct 5 2022, 07:05 IST/BST