Central Asia Metals Share Discussion Threads

[coxsmn] 01/4/2020 12:42

Yes agreed. Good opportunity.

[briggs1209] 01/4/2020 12:04

I bought a load more last week for 128 p. I am sure I will look back in two or three years and be very happy with that investment. At that stage a single year's missing divi will be dwarfed by the recovered share price

[gosoftly7] 01/4/2020 11:12

With all the cash they have and are generating,the opportunities they were evaluating are now going to be a lot cheaper.

Those solid deals that looked too expensive may have come into range.

Copper is always going to be needed (as are lead and zinc).

An opportunistic moment for CAML and they don't over pay.

[napoleon 14th] 01/4/2020 11:08

What to expect when the market is like a three legged horse?
I'm out for now & expect there will be another major leg down in markets in general,
so all shares are expensive IMO.

CAML will be one to buy when we get rid of C 19.
" Nothing makes the spirit fly higher
than finding a bargain when you’re the buyer.
Nothing makes the spirit sink deeper
than finding it later a whole lot cheaper."

[linton5] 01/4/2020 09:50

The market has no sympathy for even the best of companies in this kind of environment, companies well managed and companies not so well managed move in tandem even the bad ones alot come down less and shoot up quicker there's no sense to it absolute lottery and farce

[coxsmn] 01/4/2020 09:40

12.7% fall not deserved here.

[briggs1209] 01/4/2020 09:10

I think it is a shame but probably sensible to drop divi. You could easily see a shut down for 1 to 2 months. CAML generally seem (from the outside) to have good links within each country and will support their workforce.

[warranty] 01/4/2020 08:46

They will be one of many dropping dividend through this but hopefully once we are out of CV-19 we will still have a well run and strong company to invest in. Certainly a good time to add for future returns.

[mount teide] 01/4/2020 08:01

Very pleasing results - another excellent year of progress.

Dropping the dividend will come as a disappointment to many - but characteristically prudent management in uncertain times.

[coxsmn] 01/4/2020 07:16

Good results. FY 19 dividend dropped as a precautionary measure due to uncertainty of Corvid 19.

[shieldbug] 31/3/2020 19:09

Would rather see debt paid down than the dividend maintained. A strong balance sheet for when the opportunity arises to make another acquisition.

[lauders] 31/3/2020 11:19

Let's hope that the update from the company is positive and the dividend is held. The recovery from the lows over the last few days has been encouraging. Fingers crossed.

[return_of_the_apeman] 26/3/2020 09:21

Thanks all, I will go look at the interims

[pughman] 25/3/2020 23:08

Caml copper aisc 2019 $1.44 lb

[zho] 25/3/2020 17:45

>>Copper $1.44 per lb>>

$2.216

[warranty] 25/3/2020 17:41

Obviously with mining and manufacturing badly affected by the virus, copper is in little demand but surely once this CV problem is over and companies get back to making things, the price will soar and hopefully so to will the likes of CAML. Is this a bargain at this price or what?

[pughman] 25/3/2020 13:21

Copper $1.44 per lb

[rogash] 25/3/2020 12:33

apeman, this info. was in the 17th sept.2019 interims. I don't know the aisc.

[return_of_the_apeman] 25/3/2020 08:31

"caml zinc cash cost $.47 per lb, copper $.51 per lb."

Hi Rogash,

How/Where did you get these figures?

Also what other costs are unaccounted for in the cash cost, i.e. corp tax, profit share etc.

Thanks in advance

Ape

[coxsmn] 23/3/2020 20:22

China was first to be affected and will be first to recover, when it does then demand will quickly pick up.

[macc2] 23/3/2020 14:41

Results on 1st April so not long to wait.

[briggs1209] 23/3/2020 13:59

It is quite amazing how good this company is in that it is still making a profit at these prices. I imagine the dividend is going to be suitably reduced but over time this will be a good place to park some cash

[rogash] 23/3/2020 10:56

caml zinc cash cost $.47 per lb, copper $.51 per lb.