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Kennametal Inc V.KMT


Primary Symbol: KMT

Kennametal Inc. is an industrial technology company that delivers productivity to customers through materials science, tooling and wear-resistant solutions. The Company helps customers in the aerospace & defense, earthworks, energy, general engineering and transportation end markets. The Company's core expertise includes the development and application of tungsten carbides, ceramics, super-hard materials and solutions used in metal cutting and extreme wear applications to keep customers up and running longer against conditions such as corrosion and high temperatures. The Company operates through two segments: Metal Cutting and Infrastructure. The Metal Cutting segment develops and manufactures high performance tooling and metal cutting products and services and offers an assortment of standard and custom metal cutting solutions. The Infrastructure segment produces engineered tungsten carbide and ceramic components, earth-cutting tools, and advanced metallurgical powders.


NYSE:KMT - Post by User

Bullboard Posts
Post by atikaon Jun 08, 2015 10:29am
63 Views
Post# 23806745

Closing of 2 million $$ PP

Closing of 2 million $$ PP
Remarquable achievement by Mr. Gagné and his group. Being able to bring 2 milion $$ at a conversion price of 0.65 cents while SP is around 0.35 cents and still under pressure is fantastic in our actual market conditions. With insiders contributing for 25% of that 2 million is equally a great sign of confidence with what is going on with the company.
What's next ? With the drilling will naturally lead to drilling results ! I expect drilling results being released at the end of June, maybe a couple of weeks before the AGM that should be very exciting for shareholders.
Final thoughts...I wonder who put that 2 million $ in the PP - besides the insiders ? If we get the answer, maybe we will be even more excited ! Concernig today's news release, the final words show everybody what kind of people are behind Komet's management; I still love being a shareholder associated with respectful people.
Bullboard Posts