Central Asia Metals Share Discussion Threads

[11_percent] 11/10/2021 15:16

Could be.

Its just that Cu was flying.....and has since been taking a breather....trading in a range.....but recently that range has been getting smaller.....it had to break one way or the other.

My thoughts are when I looked this morning......it broke up......but so has a lot of metals.....Cu, Pb, Zn, Al.

Lets see what happens before I buy more here.

[sumday] 11/10/2021 15:08

@11 percent. Chinese back from Golden Week Holiday maybe?

[11_percent] 11/10/2021 15:01

OK....cheers.....will have a poke around.

[king_baller] 11/10/2021 14:29

Inventories.

[11_percent] 11/10/2021 13:40

Copper, zinc an lead price gone nuts.....why now???

[zho] 11/10/2021 11:30

Yes, excellent presentation.

John Mauldin's weekend piece quoted research which claimed that the China's property sector accounted for 20% of the world's consumption of copper (and steel too), so worth keep an eye open for stories about Evergrande and other highly-indebted Chinese developers.

[king_baller] 11/10/2021 11:13

Very satisfactory presentation. Acquire low cost copper asset using debt, and list on the main market. Potential to seriously re-rate here.

On another note China’s copper inventories are lowering by the day. They’re discovering in the ‘green new world’ they’re not the buyer of last resort!

[zho] 08/10/2021 12:46

Last night's presentation by Nigel Robinson, from 1.35.20:

[pol123] 07/10/2021 20:17

BERENBERG RAISES CENTRAL ASIA METALS PRICE TARGET TO 320 (300) PENCE - 'BUY

[grahamnash] 07/10/2021 15:18

Hi Briggs. I'm in the same position. CAML has a proven track record of profit, dividends and good management. JLP has potential, signalled by Slater Investments doubling their stake and recent expansion but the possible tax changes in Zambia are a negative.
On balance I'm holding my CAML and gradually adding to JLP on lows. Best of luck, DYOR etc.

[briggs1209] 07/10/2021 12:30

I hold both JLP and CAML. Currently I have a lot more CAML than JLP. JLP is obviously still in a growth phase. I am unsure if I should play safe here at CAML or shift more into JLP.

[mw16] 07/10/2021 11:20

About time this bad boy shifted up a gear

[return_of_the_apeman] 07/10/2021 08:29

Perhaps we will hear more detail about what they are looking to acquire on the webcast tonight :-)

Another solid qtr and the cash keeps rolling in

[mr roper] 07/10/2021 07:48

I’m concentrating more on them being debt free in 10mths and looking for acquisitions.
That’s where the value will come from.

[qs99] 07/10/2021 07:47

hopefully the former given Copper prices? But that's me with glass half full mode in.....debt free target helps and acquisition message DYOR

[pughman] 07/10/2021 07:46

So, will the market concentrate on the buoyant copper production numbers for Q3, where revenue must have exceeded $40m, or the 5% reduction in lead guidance for the year.

[pol123] 07/10/2021 07:41

Pleased with the update. As you say MrR, they are actively hunting for an accretive deal

[mr roper] 07/10/2021 07:21

Decent update that. Pursuing acquisitions with a bit more fervour now

[pol123] 04/10/2021 22:32

Ball park summary if metals stay around these levels for ~10 years, assume 15p PY divi with no debt (2022) we could expect a balance sheet of ~$400M. This is a relative low risk investment with good returns. Let history be the judge.:-)

Looking fwd there is also the chance of a material corp action

Its hard to be glass half empty here. May not set your portfolio on fire, but has proven returns in a metals bear market and strong predictable management, Whats not to like

[pughman] 04/10/2021 18:59

Treatment charges for H2 20 were $12.3m, for H2 21 will be around $8.6m.

[jeff h] 04/10/2021 16:24

A LOWER cost treatment contract kicked in from April 2021.

[caiman47] 04/10/2021 16:05

It's worth bearing in mind that Kounrad uses virtually no oil-based fuel in its process. There's no trucks or shovels as the ore does need to be moved. The leaching reagent is sulphuric acid that is a by product from the Balkhash smelter just down the road. The heating boilers that prevent the whole process from freezing solid in winter are fuelled using local low grade coal.

[return_of_the_apeman] 04/10/2021 00:39

Likley to be this week to tie in with the proactive presentation :-)

[lauders] 03/10/2021 03:56

We may see a Q3 production update this week or next week if the past is any guide to the future.