Central Asia Metals Share Discussion Threads

[eeza] 14/11/2018 19:29

Well Copper down to $2.75 has a lot to do with it.

[coxsmn] 14/11/2018 18:53

Agreed, crazy price.

[morph7] 14/11/2018 16:43

Well after today that's me with over 50,000 shares.Best run miner bar non. Its a cash machine and I'm a very happy holder. As the debt is paid down more and more will wake up to this bargain.Gl all.Morph

[return_of_the_apeman] 14/11/2018 16:12

Entry point triggered so have been accumulating today :-)

[santar] 14/11/2018 15:14

(Delete duplicate post)

[santar] 14/11/2018 15:14

Very tempted to “bet the farm” here. >8% yield (well covered) and fair possibility of 50% capital gain over next 12 months or so. Question is will it go sny lower in these irrational markets?

[king_baller] 14/11/2018 14:18

Anyone with a medium term timeline should be filling their boots here. I can't find a better value play on the market.

[losses] 14/11/2018 13:35

You mean 230!?

[shortarm] 14/11/2018 13:32

Wtf! Massive yield percentage now!

[eeza] 13/11/2018 09:16

The real spread @ 0915hrs is 210 bid vs 210.44 Offer

[mrtenpercent] 13/11/2018 08:58

Noticed the spread widened this morning, on HL Sell:208.00p Buy:213.00, 5p spread. Can't recall seeing such a wide spread recently. I don't normally buy anything with a spread more than 1%.
Have been an owner since 29/08/18 at 130p - one of my worst buy timings for a while! Holding with a sceptical eye on the chart.

[eeza] 11/11/2018 19:00

Copper related.

[davidosh] 11/11/2018 01:33

Just to let you all know that Central Asia Metals will be exhibiting and presenting at our MelloLondon investor event in Chiswick W4 next month. MelloLondon is a two day event and starts on Monday 26th November which is the day that CAML will be attending. You can find out more here...



There will be 60 quality companies exhibiting and presenting plus some very well known investors, entrepreneurs, fund managers and market commentators providing excellent keynote talks on a range of investment subjects. A number of investment workshops will be available each day and a ShareSoc MasterClass on the final day.

[3noddy] 10/11/2018 23:03

Volkswagen intends to sell electric cars for less than 20,000 euros ($22,836) and protect German jobs by converting three factories to make the Tesla rival, a source familiar with the plans said.

VW and other carmakers are struggling to adapt quickly enough to stringent rules introduced after the carmaker was found to have cheated diesel emissions tests, with its chief executive Herbert Diess warning last month that Germany's auto industry faces extinction.

Plans for VW's electric car, known as "MEB entry" and with a production volume of 200,000 vehicles, are due to be discussed at a supervisory board meeting on Nov. 16, the source said, adding that it is also looking to roll out 100,000 of the "I.D. Aero," a mid-sized sedan.

The Wolfsburg-based carmaker, which declined to comment on the plans, is also expected to discuss far-reaching alliances with battery cell manufacturer SK Innovation and rival Ford, the source said.

VW's strategy shift comes as cities start to ban diesel engine vehicles, forcing carmakers to think of new ways to safeguard 600,000 German industrial jobs, of which 436,000 are at car companies and their suppliers......

[coxsmn] 08/11/2018 19:04

All bodes very very well for electric future and copper.

[shieldbug] 08/11/2018 18:50

Tesla outselling Mercedes Benz in USA. hxxps://eu.usatoday.com/story/money/nation-now/2018/10/11/tesla-outsells-mercedes-benz-elon-musk/1598474002/

[coxsmn] 08/11/2018 18:14

Electric vehicle sales now represent over 8-percent of new car sales in Canada.

hxxps://electrek.co/2018/11/07/tesla-model-3-ev-sales-canada-record

Also,

hxxps://www.cbc.ca/news/business/electric-car-ev-china-trade-1.4893737

[arf dysg] 08/11/2018 13:20

"TRAIN TERROR A runaway train operated by mining group BHP had to be derailed in Western Australia yesterday after it travelled 57 miles without a driver."

The words "train terror" are completely false. No-one was on the train, apart from a lot of rocks. The rocks aren't capable of being terrified. However, what else can we expect from the Daily Heil?





It looks like BHP is being sued over a mining disaster:

"multi-billion-pound class action suit against BHP in Liverpool over the 2015 Samarco mine disaster in Brazil"

[eeza] 06/11/2018 21:00

BHP also being sued regarding a runaway train.

[coxsmn] 06/11/2018 20:45

In the Telegraph today

"ANGLO-AUSTRALIAN mining company BHP Billiton is facing a multi-billion-pound lawsuit over the failure of the Samarco dam in Brazil in November 2015.

The claim, which is one of the largest in British legal history, is being brought for damages on behalf of 240,000 individuals who were victims of the disaster."

[zebbo] 03/11/2018 19:03

Stating the obvious, the lack of investment must drive the deficit up further thus increasing metal prices. Looking to 2019, we may see some rebalance (lets hope so). Otherwise, the investment / deficit will be further exacerbated over time and the spike up in resource prices will be greater.

[lauders] 02/11/2018 01:44

Well, nice to have received the dividend a few days ago. Now to wait for the next one ;-) In the meantime, the CEO of ANTO, Iván Arriagada, recently indicated that the weakness in Cu prices is likely more short-term:

"The physical copper market continues to look tight and the outlook for next year remains positive despite ongoing fears about disruptions to global trade. We have narrowed our copper production guidance for the full year to 705-725,000 tonnes and looking ahead we expect production in 2019 to increase to 750-790,000 tonnes, driven by higher average grades at Centinela Concentrates and Zaldívar."

[coxsmn] 01/11/2018 19:22

"Copper is required for the modern economy more than any other metal and especially for a cleaner and more sustainable world," said Arriagada."https://www.globalminingreview.com/mining/01112018/copper-required-for-the-modern-economy-more-than-any-other-metal/

[mount teide] 30/10/2018 08:49

The Oil Industry this week largely set out its stall for next year with respect to the issue of desperately needed capital investment to avert a future supply crunch - its going to continue sitting on its hands, rebuild balance sheets and re-start or increase dividends.

Something that's also likely to continue occurring across much of the copper sector until the copper price is driven up to a level which generates returns that justifies the extra risk.

Sounds like it has taken the worst recession to hit these sectors for many decades to bring some collective sense to the management that run them - long may it continue.


Big Oil Won’t Spend Despite Fat Profits - OilPrice.com