Central Asia Metals Share Discussion Threads

[pol123] 21/11/2020 20:25

As debt is being paid down at a good rate, I would like to see further acquisition/s in order to grow again. Feels like we should have tried harder to bag an acquisition during the cycle dip. Still some time left, but we need to move fast.
Current commodity prices "should" see final divi of ~10 - 12p (total 16p-18p)with a share price £2.30-£2.50

[kael] 20/11/2020 19:21

I see a big spike up in commodities for 21 as world gets back to normal. Supply isn't going to catch up fast enough.

[mount teide] 20/11/2020 18:57

The average price of Copper, Zinc and Lead in the three year period immediately prior to the acquisition of Sasa (during which the company averaged a 24% CAGR in total shareholders returns), were:

$2.49 - Copper
$0.97 - Zinc
$0.79 - Lead

Average H1/2020 prices

$2.50 - Copper
$0.93 - Zinc
$0.80 - Lead

Average H2/2020 Prices

$2.96 - Copper - (+18.4% on H1)
$1.12 - Zinc - (+20.4%)
$0.86 - Lead - (+7.5%)

Today's spot prices are

$3.31 - Copper - (+32.4% on H1)
$1.27 - Zinc - (+36.5%)
$0.92 - Lead - (+15.0%)


Let the trend be your friend !

[qs99] 20/11/2020 15:35

yes copper heading much higher it would seem.....let's hope it can hold new highs!

[aimsurfer] 20/11/2020 13:36

Copper on fire ?

[qs99] 20/11/2020 12:01

indeed coxsmn, with more yield from CAML and my other fav ATYM still lagging behind despite cracking recent results....

[coxsmn] 20/11/2020 11:29

Heavy demand for copper forecast with Biden and BJ pushing green energy revolution spending on wind farms, power infrastructure, EV's etc.

[simplemilltownboy] 20/11/2020 09:09

It was nice to see the share price break 2 pound on Wednesday, although it was brief. Expecting this to move up to 220 over the next 3 months. Keep safe. GLA

[qs99] 20/11/2020 08:39

Copper price holding up really well, could even head NOrth from here IMO the way it is consolidating....CAML moving again and divi is in the bag. Lovely job

[abarclay] 19/11/2020 18:02

Great. Thanks onia/flagon

[flagon] 19/11/2020 18:00

Yes ... went XD this morning.

[abarclay] 19/11/2020 17:57

The CAML Board today recommends a six pence interim dividend. This will be paid on 11 December 2020 to shareholders registered on 20 November 2020.



i bought yesteday. Do i get the dividend?

[qs99] 19/11/2020 13:42

Making its way back up...DYOR

[v11slr] 18/11/2020 16:06

Yes, same day with the good ones. Just check a few days later to be sure and chase if it's not there.

[longterm95] 18/11/2020 16:01

On dividend payment date the funds will come straight into our share dealing account ? We don’t have to do anything from our side I’m assuming?... thanks

[simplemilltownboy] 18/11/2020 15:39

201pence paid can't see this finishing over 200 however all looking good for the medium term

[simplemilltownboy] 18/11/2020 15:35

Yep just seen that, maybe Orion offloading more shares? Guess we'll know tomorrow. Hopefully this might allow the share price to rerate over the coming weeks. GLA

[royaloak] 18/11/2020 15:33

6,700,000 trade gone through

[melton john] 18/11/2020 14:35

Longterm95 close but you have to be on the register on Friday to qualify. If you buy tomorrow with normal 2 (working)day settlement, the shares will be yours on monday. XD means excluding dividend. You can get the divi and sell tomorrow but the price usually drops ahead of trading opening so no point.

[qs99] 18/11/2020 14:22

Looking nice and strong still

[v11slr] 18/11/2020 13:55

End of today to qualify for the dividend. It will be XD upon opening tomorrow.

[longterm95] 18/11/2020 13:47

Thing is you have to be on the share register end of business tomorrow anyway in order to qualify for the dividend so anyone selling out tomorrow would not get the dividend as far as I’m aware... good luck. Have a look at the forecasted copper prices from today, short term trades are pointless for this kind of setup here , need to look at the bigger picture . As many have pointed out last time base metal prices were at this level this was over £3, hence concluding how undervalued this is at currently under £2. Rerate yet to come but it’ll be a steady one as it has been from £1.6 levels over the last month as this isn’t a share to jump 20% in a day but small accumulations over the week.