Central Asia Metals Share Discussion Threads

[2603] 06/4/2021 09:14

Thanks trader. Weekly chart looks the best I have seen it. Fantastic bill flag lots of consolidation, breaks £2.80 and we will be on our way.

[yawn1971] 06/4/2021 08:59

Thanks Chile

[trader536] 06/4/2021 06:10

2603 - My data provider seems to have incorrect historic data for CAML. Not sure why this is, I've never come across it before. But I'll post them up so you can see what I mean.

Hourly....




Daily....




Weekly....




Monthly....

[podgyted] 05/4/2021 20:12

Wouldn't have thought they'd do anything to stop copper exports?!?

[qs99] 05/4/2021 18:48

Thanks killing time hadn't seen that

[killing_time] 05/4/2021 17:46

" copper going nuts "

It's because Chile has closed its boarders.

Expecting disruption on cross boarder travel.

[hamid1970] 05/4/2021 17:12

CAML has been consolidating around this level for a few weeks. I do expect a breakout in share price towards £3

[qs99] 05/4/2021 16:14

Copper price going nuts!

[11_percent] 05/4/2021 15:19

Someone is holding the share price back here.

We got the results on 30th....sp went up, and was beaten back.

Opened up on 31st and 1st.....got beaten back.

[joe say] 05/4/2021 09:40

Well worth watching the presentation - many positives to take including;

- future guidance (realistic/commodity price growth)
- lower treatment costs expected going forward
- acquisition identification (strict criteria applied)
- debt repayment (steady/on-track/low cost)
- good relationships with local communities/government
- generous dividend policy

Top up opportunity for me

[melody9999] 03/4/2021 23:32

At the presentation on 31/3 I noted this in 2020 re possible acquisition: 1 site visit, 5 NDAs signed 20 ops reviewed.

The intent is there but I think our BOD will definitely be disciplined, in no rush, and will not overpay.

[ntv] 03/4/2021 13:34

yes but you can buy a lot with cash when others are in financial crisis
commodities are cyclical in case nobody noticed

[hamid1970] 03/4/2021 12:31

@pughman All depends on the deal. You can bet your bottom dollar, it will be accretive. Hopefully bottom quartile.

CAML cannot sit back and just let the mines run out of resources. Thats a zero sum game.

[ntv] 02/4/2021 18:56

last placing was @230p in 2017 so long term shareholders have to trade them to get a decent return
I wonder what the share price would have been if caml was just still a single copper mine?

[2603] 01/4/2021 16:06

Looks like a consolidation triangle, looking for a break out of the triangle very soon, preferably upwards of course. A break to the upside should take us to new highs this year, also looking at a bull flag. What does anyone else think?

[cthompso] 01/4/2021 12:18

They're better off being bought out than being the purchasers...

[pughman] 01/4/2021 11:20

Ferrar says looking hard at a transformational M&A deal, with aspirations to produce 100,000 tonnes of copper a year. That is seven times what Kounrad produces. In this climate, they will be paying top dollar. I'm apprehensive.

[flagon] 01/4/2021 09:42

Really enjoyed the above interview ... thanks for posting.

[pob69] 01/4/2021 08:34

Interview with Gavin Ferrar, CFO CAML

"...Gavin has a geology and finance background and we discuss his journey and how his career path developed from a geologist to now a CFO. We also get an update on CAML’s Kazakhstan and Macedonia’s operations and what is the outlook of the company over the next few years."

[johnrxx99] 01/4/2021 08:30

From IC yesterday:- Some low cost producers, such as Central Asia Metals (CAML), are well below that level, so even for supercycle sceptics, the sector is worth looking at. WoodMac’s base case demand forecast for the next 20 years is 2 per cent growth a year. This means the world has to find an extra 9mt a year by 2040. A scenario where the world tries to hit the Paris climate goal of a maximum two-degree rise in temperature compared with 1990 would bring on growth of 3.5 per cent a year, doubling demand growth over 20 years compared with the base case.

[return_of_the_apeman] 01/4/2021 08:23

43p eps is 21.5p at 50% fcf payout, supports a shr price of £4.30 with 5% divi

[pol123] 31/3/2021 19:18

Thanks for posting zho

CAML have a top team and capable of taking on more...Be good to see another low cost/bottom quartile acquisition

[melody9999] 31/3/2021 16:22

Dubai - good professional presentation I thought. Always think the CAML management exude confidence, are very much in control and know what they are doing. Focus on growing the business came across and our BOD are definitely in the market for acquisitions - though nothing going to happen too quickly I guess.

IMV great business if you want low risk commodity exposure. Easy hold for me.

[dubai123] 31/3/2021 15:34

Any one on the presentation on investor meet company that's live now ??

[qs99] 31/3/2021 14:57

thanks Jeff H

really interesting NED appointment. Wealth of experience and contacts I reckon

DYO