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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Central Asia Metals Plc | CAML | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 3.00 | 2.02% | 151.80 | 15:51:43 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 147.80 | 147.80 | 154.20 | 148.80 |
| Industry Sector |
|---|
| MINING |
| Top Posts |
|---|
Posted at 01/2/2025 00:51 by dougmachin SLP used to be a favorite of mine. But then there's been the relentless reduction in prices of Pt group metals, especially Rhodium that was driving the profits of SLP.With those metal prices going up (only slightly though) and with the Cr project coming online, it could be worth looking at again, especially with the current buy-backs. There isn't a futures market (is that right?) for Rh, so the scope for volatility for Rh prices is high. The divis for SLP at 1p + 1p is 4.2% yield (Ok, +1p special divi last year). So better than nothing and should be maintained as (surely) Pt group metal prices aren't going to go lower. My main issue with SLP is what are the underlying reasons for driving up the prices of those metals (and hence maintaining or increasing the divi)? For CAML, the investment case for Cu is clear. It's certainly not guaranteed (who knows how China's stimulus package is going to work?), but with Cu, there is a clear case for investment (IMO). SLP also have a lot of capital costs in FY 2025, I think. Even Zn & Pb, when watching an interview with GF from CAML, he talked about the purity of 1 of those that CAML produces (can't remember which one it was), so much better than other producers. SLP - good presentation here: Overall, SLP definitely worth another look (especially if your exposure to metals is not too much already), but the main question is, which metal(s) do you think are going to go up in price and why? This is why I invest in CAML and not SLP now. |
Posted at 27/12/2024 10:23 by dougmachin Well worth watching this (again) too, if you haven't already. Latest presentation from 18th November 2024.With the presentation slides here: TRANSITIONING FOR THE FUTURE - Q4 2024 CORPORATE PRESENTATION Nothing new in the slides, but from the presentation, a couple of key takeaways: [1] Even though above the 30-50% FCF dividend policy, Gavin Ferrar talked about committed to a 10% yield for the dividend. Sarah (from proactive) even questioned increasing the dividend due to having so much cash in the bank. I'm increasingly hopeful for the long-term maintenance of a yearly divi of 18p (or above). [2] A great takeaway was about Sasa returning to 2021 throughput due to the capital projects being completed at Sasa. That sounds very encouraging. |
Posted at 16/12/2024 08:56 by dougmachin FROM THE LINK -Why Central Asia Metals Could Be a Hidden Gem for Investors When it comes to investing, it’s not always the big, flashy names that deliver the best returns. Sometimes, the quieter, more overlooked players offer the most interesting opportunities. One such name to keep on your radar? Central Asia Metals (CAML), especially as its pulled back to year lows and not much higher than its 5 year low! If you’re a retail investor looking to add a little diversity to your portfolio, here’s why this small-cap company might be worth a closer look. What Does Central Asia Metals Do? Central Asia Metals is a UK-listed mining company with operations in Kazakhstan and North Macedonia. They’re focused on extracting three key commodities: copper, zinc and lead. These metals are essential for modern industry, especially as the world transitions to greener technologies. Copper, for example, is vital for electric vehicle production and renewable energy infrastructure, while zinc plays a critical role in construction and battery technology. Think of Central Asia Metals as a company that profits from the backbone of the green revolution—wit ... |
Posted at 27/11/2024 09:25 by smackeraim Still a good play.. Regarding growth, Ferrar outlined the company's search for transformative acquisitions while maintaining a robust balance sheet with $56.3 million in cash and no debt.https://www.pro |
Posted at 19/11/2024 14:15 by zho Last Thursday's Proactive presentation: |
Posted at 13/11/2024 18:46 by dunns_river_falls Most likely cause of the recent falls is one or more large seller combined with the poor conditions on aim currently. Of course the recent copper price has not helped.Quite by chance there is an article on Stocko just published. Here is a salient snippet. "The poor share price performance may have actually created somewhat of an opportunity for the patient value investor. A price-to-earnings ratio of 6.8 is below the historical average of recent years, and a price-to-free cash flow of 7.7 is particularly enticing too. Given the weak momentum, but strong quality characteristics and attractive valuation, Central Asia Metals is now classified as a ‘Contrarian I bought some early this week which was clearly a bit premature. But in the long run its likely to end up being a decent investment. GLA |
Posted at 12/11/2024 08:54 by zho CAML will be presenting at a Proactive ONE2ONE investor forum on Thursday 14th November from 17:45 onwards at The Chesterfield Mayfair Hotel (35 Charles Street, Mayfair, London, W1J 5EB) |
Posted at 10/9/2024 11:08 by shbgetreal The share price slide comes down to Goldman being massively wrong first time around, and everyone deciding that they therefore will be right this time.Those 'investors' get the returns they deserve; the rest of us focus on company fundamentals and are usually very happy. |
Posted at 03/6/2024 14:44 by zho Commodities analyst and investor Lou Goehring on copper from 44:23 |
Posted at 14/12/2023 12:01 by mondex From Seeking Alpha, Avi Gilburt: Time For Copper To ShineAs the developing nations of the world endeavor to replace fossil fuels with renewables, the demand for copper is expected to increase dramatically over the next decade. But with economic stagnation in China, and concerns of an economic slowdown in much of Europe and possibly the US, copper prices have become as dull as an old penny. The price of the red metal has fallen from $4.70 per pound in March 2022 to roughly $3.70 today - a decline of about 20%. From a fundamental perspective, there's an expected shortfall in copper supply that's likely to put significant upward pressure on prices. But soft pricing may persist for several months as production is expected to outstrip demand through the end of 2023 and 1Q2024 (Source: International Copper Study Group). From there, several industry analysts are anticipating a supply squeeze. For example, Goldman Sachs foresees a supply shortfall that will drive the price of copper to $4.50 per pound by late 2024, and to more than $6.80 per pound in 2025. Concurring with this perspective, Max Layton, the Managing Director of Commodity Research at Citi, said he believes now is an ideal time for investors to buy as the price of copper is still muted on global recession concerns. The red metal has declined in price by approximately 26% from its all-time high of nearly $5.00, set in October 2021. According to Layton, copper could top out at $6.80 per pound by 2025, a jump that would "make oil's 2008 bull run look like child's play." Similarly, the consulting firm McKinsey & Co. is projecting copper demand to reach 36.6 million metric tons by 2031 while total available production is expected to be about 30.1 million metric tons. But let's also be clear about something else: The world is not going to run out of copper - not for a very long time, if ever. The problem is getting copper ore out to the ground and turning it into a saleable product. It takes on average about 16 years for a copper mine to go from initial construction to actual production. Add in lead times for exploration and permitting, and it can take far longer. For example, the largest known deposits for a development stage copper mine within the "lower 48" - the Resolution Mine in Arizona - have been under development for 26 years. This joint venture between Rio Tinto Group (RIO) and BHP Group Limited (BHP) has consumed more than $2.0 billion in capital, yet copper production will not begin for at least another 10 years. It's perhaps ironic that the greatest opponents to the project are often the same environmental groups seeking to eliminate the use of fossil fuels while demanding massive increases in solar and wind power projects, and the replacement of gasoline-powered cars with battery-powered versions. To achieve such goals, massive amounts of copper must be produced. Another challenge is that much of the "low-hanging fruit" of high-quality and easily accessible ore has already been picked. While there's a great abundance of copper ore around the world, most of it is lower-grade deposits that require more capital-intensive facilities to bring into production. This comes at a time when committed investment capital expenditures to develop new mining production have dropped by a startling amount over the past 12 years as shown in the chart below: Investors also may want to question the notion that we will ever become "fossil fuel free" sometime in the foreseeable future. Is the investment community being realistic about the outlook for such an energy transition? As noted by a report from S&P Global: "The challenge of meeting net-zero emissions by 2050 will be short-circuited and remain out of reach unless significant new copper supply comes online in a timely way…" Considering that only 3% of the world's energy is derived from wind and solar, it appears all but certain that "net zero" cannot be obtained at any time in the foreseeable future. And here's a fun fact: About 10% of the world's energy is derived from burning wood - three times wind and solar. While discussions on this topic often morph into political debates, |
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