Central Asia Metals Share Discussion Threads

[jamessmith23] 09/7/2021 10:17

Helpful thanks, and the leaching process is a far cheaper method which is why margins are better right?

[qs99] 09/7/2021 09:04

Let's hope the profit takers are done now and CAML can start trending towards £3 and above where IMO it should be based on numbers IMO it should be chucking off?! Thanks!

Looking forward to another decent divi...

Cheers
QS99

[frazboy] 09/7/2021 07:01

As DP says, they’re not a copper miner but the copper leaching process has about 14/15 years to run, and the lead/zinc mine is perhaps 18 or so. It’s all in company presentations and the annual reports too.

[jamessmith23] 08/7/2021 21:19

In terms of details of the life of the mines, where is this information published? I'm looking at this as copper demand has potential to increase plus long term inflation hedge, combined with the low debt and attractive entry point now it all seems to look good. I don't know much about mining cos and so a concern was that eventually surely the resource runs out at the existing mines, have they done analysis on the life of the mines and if so then what is it? Thanks in advance

[shieldbug] 08/7/2021 14:20

Hopefully we are all profit takers.

[qs99] 08/7/2021 11:03

Perfect, profit takers gone and hopefully we can trend higher

[johnrxx99] 08/7/2021 09:54

Pretty well in line with guidance

[pol123] 08/7/2021 09:10

Yep, shares go up and shares go down. No worries if you are a long term investor...

[spawny100] 08/7/2021 08:34

Agree Gary some who bought in near £3 have already seen their capital go down by several years dividends!

[return_of_the_apeman] 08/7/2021 08:26

Should be net debt free in the first 5 wèeks of this current quarter

Depends Garycook, if you are a very short term trader or not I guess. The value is clearly here, it is now a cash cow for milking.

[garycook] 08/7/2021 08:26

No good,when your capital is being eroded !

[pol123] 08/7/2021 08:20

We may get ~7p interim divi

[return_of_the_apeman] 08/7/2021 08:18

Given the great strength of the balance sheet now, this statement infers the uplift in dividend payments :-)

During the period, we have seen strong metal prices and therefore look forward to releasing our H1 2021 financial results on 15 September 2021, when we will also announce our interim dividend

[pughman] 08/7/2021 08:09

That's a larger reduction in the net debt figure I was expecting, given the low production of lead and zinc in Q2

[pugugly] 08/7/2021 08:02

Probably as good as could be expected - Looks as though reduced production may have been compensated for by strong metal prices - Will have to wait for the results -
Overall impression - Steady as she goes.

[coxsmn] 08/7/2021 07:56

Very good results.

[johnhemming] 08/7/2021 07:18

Looking at the RNS today net debt is down to about 6m. I would assume they will go cash positive in the current quarter.

CAML production summary


Metal production Q2 2021 Q1 2021 H1 2021 H1 2020
(tonnes)
Copper 3,334 2,880 6,214 6,607
-------- -------- -------- --------
Zinc 5,549 5,742 11,292 12,203
-------- -------- -------- --------
Lead 6,791 7,016 13,807 15,140
-------- -------- -------- --------

[return_of_the_apeman] 07/7/2021 18:09

I would think Friday

[paduardo] 07/7/2021 17:45

last 3 years the production updates have been 9th, 10th and 10th of July. Does anyone know when it will be this year - I am assuming tomorrow or Friday?

[qs99] 07/7/2021 08:19

Thanks Lauders, saw that, all helps

Copper moving NOrth again today, no idea what produced a 2% decline yesterday, looked really odd.

[qs99] 06/7/2021 16:09

that was the kiss of death! what spooked the copper price?