Central Asia Metals Share Discussion Threads

[podgyted] 17/1/2020 13:14

Posted by gibs1 on Rio board - thought was an interesting perspective:-

moneyweek


Commodities look cheap
Gold may be on a bull run, but industrial commodities, including copper, zinc and aluminium, remain cheap.
by: Alex Rankine
17 Jan 2020

Gold surged to a seven-year high earlier this month. Yet many industrial metals proved “laggards̶1; in 2019, says Myra Saefong in Barron’s. Copper gained just 3.5% in 2019. Aluminium and zinc prices declined. Weakness in global manufacturing means that industrial metals were “left out of the commodities rally”.
Time to catch up?

“There are plenty of expensive assets in the world today,” says Rana Foroohar in the Financial Times, but most industrial commodities have remained “reliably cheap”. Indeed, they are “about as cheap relative to stocks as they have been in the past century”.

[garycook] 17/1/2020 08:25

Some nice early big buys,totalling 553,700.MM,s playing games again.Yes CAML will go to 290/300p,only a matter of time,or even a take over !

[podgyted] 17/1/2020 07:31

FWIW

Central Asia Metals Plc CAML.L : Peel Hunt raises target price to 290p from 285p

[linton5] 16/1/2020 16:11

Caml was over 250 8 month ago when copper was this price mmm 🤔

[linton5] 16/1/2020 15:54

Mms are crooks no way this should be here just bought some more lovely

[mount teide] 14/1/2020 09:22

S&P Goldman Sachs Commodity Index records strongest performance since 2007

Individual Commodity Performance in 2019

[linton5] 10/1/2020 13:30

Thanks guys got some more bargain of the decade cracking 7%divi to boot,had enough away out with my dogs for afternoon

[linton5] 10/1/2020 13:01

Absolutely gobsmacked at this price companies who have regular poor results do better crazy

[kennyp52] 09/1/2020 14:15

Costax154X ... this garbage share you are on about ORM .... loss making , non dividend paying gamble that has no cash other than borrowed money on very expensive terms ..

(Sharecast News) - Ormonde Mining reported on Thursday that Saloro, the operator of the Barruecopardo Tungsten Mine in Spain in which Ormonde holds a 30% joint venture interest, has entered into a €10m, 12 month term loan facility to be provided by funds managed by Oaktree Capital Management.
The AIM-traded firm had announced on 20 September that the new term loan would provide Saloro with additional liquidity support as it established mining operations on the main ore body at Barruecopardo.

Saloro would be able to draw from the loan on an as-required basis, in tranches of at least €0.5m, over the loan period.

Interest on the loan would be capitalised in full, at a rate of 18% per annum on drawn funds, with a 3% per annum commitment fee accruing on undrawn amounts.

Drawn funds, capitalised interest and commitment fees would be repayable at the end of the 12 month term, by bullet repayment.

[costax1654x] 09/1/2020 13:58

Anyone noticed ORM ?Gold asset in Salamanca and 5 mil ? Cash,no debts, for 3 mil mcap!

[linton5] 09/1/2020 10:08

Looking good 226paid for 5k ok royal oak🐶

[royaloak] 09/1/2020 09:49

If you want to deal in CAML make sure your broker offers DMA, no problems with the spread then.

[linton5] 09/1/2020 09:22

Hallelujah what was hard about that now it’s a bargain

[mount teide] 09/1/2020 07:41

Another year another superb performance - since coming to AIM in 2010 the management's ability to deliver outstanding results year after year has proved as reliable as a high end Swiss watch.

[leopoldalcox] 09/1/2020 07:26

Another good update

[cthompso] 09/1/2020 07:16

Looks sweet - if only everything I bought was run so well!

[nw99] 09/1/2020 07:11

Upper end of guidance excellent

[lauders] 08/1/2020 04:04

CAML mentioned in this piece on high dividend yield companies:

Persimmon is one of six stocks to keep its place on Peel Hunt's list from last year — the others being Anglo Pacific (LSE:APF), Central Asia Metals (LSE:CAML), Ibstock (LSE:IBST), Renewi (LSE:RWI) and Warehouse REIT (LSE:WHR).

Like many here CAML is a long term hold for me. Cu, Pb and Ni should all be in demand as we move forward.

[linton5] 07/1/2020 12:02

They are playing about now with caml usually more static but flexibility is good to see as makes it more approachable

[tel5] 03/1/2020 10:22

this seems like a good play on the commodities recovery story at a price around 225p and prospective dividend of 6% . Also been on the aim market no stamp duty to pay. Like the recommendation from Peel

[masurenguy] 03/1/2020 08:19

Peel Hunt also issued a Buy Recommendation this morning with a target price of 285p.