Central Asia Metals Share Discussion Threads

[melton john] 28/10/2022 14:16

He's proving that he has the balls to stand up to Pootin and sense to stay away from windows hopefully.

[dougmachin] 28/10/2022 11:12

New president in Kazakhstan has to be a good thing.

Definitely a resource rich country too.

[melton john] 28/10/2022 10:32

Fair enough, without quoting your source you came across as a sniper making stuff up. It's for each of us to decide who knows best on the uncertainty and act accordingly. In my mind however, a share which according to Stocko is forecast to deliver 13.35% dividend at my average share price will repay my investment in 7 years so the rest I need not worry about.

[stemis] 28/10/2022 09:20

"Chief executive Nigel Robinson expects to secure another 120,000 tons of copper from Kounrad over the coming years but, with a finite amount of ore to be processed, he and his team have long been keen to find other profitable mine sites." -

Current guidance for this year is 13,500-14,000 tonnnes. So, as I say, 8-10 years at current output.

My point wasn't about their ability to continue as a company but valuation. They may be able to acquire/develop other mines and replace the Kounrad income but it will cost (an uncertain amount of) money and that needs to be factored into valuation.

[melton john] 28/10/2022 09:08

SteMis, I'm sure you could have got the right answer if you'd wanted to instead of a low estimate. From the last annual report:-

RESOURCES Sasa currently has reserves and resources to support a 16-year mine life.
Kounrad has the recoverable copper resources to support a life of operation to the end of the licence in 2034.

Whatever problem you are referring to, I'm sure low profitability isn't it. Mines get worked out and mining companies move on to the next one and that will be being looked at. Not necessarily copper, Kazahkstan is an enormous country with huge mineral resources and not necessarily Kazahkstan. Central Asia, geddit?

[gotabsirius] 28/10/2022 07:28

Makes major acquisition at some point very likely

[stemis] 28/10/2022 00:25

Isn't the problem here that Kounrad probably only has another 8-10 years left and without it CAML has a much lower profitability?

[mount teide] 23/10/2022 18:13

The increase in prices of basic mining inputs in H1 in Chile, saw the price of sulphuric acid rise by 187%, diesel 91%, concentrate freight and insurance 45% and electricity 9%.


'In H1/2022 Chilean copper miners' costs are being hit by sharply rising inflation and lower output.....

Production of 16 of the 22 large copper mining operations monitored by Chilean copper commission Cochilco fell during 1H22 by a total of 160,800t or by 6.1%, compared to the same period last year.

Prices of mining inputs and global inflation, along with lower output, were the main causes of a rise in costs, the agency said in a report.

Cochilco said cash costs (C1) of the larger copper miners increased by US$0.183/lb on average while those of 16 smaller operations rose US$0.542/lb.

The analysis covered 93.8% of copper production in the first half of the year. Overall output was also down 6.1%.

The increase in prices of basic mining inputs influenced the rise: the price of sulfuric acid increased 187%, diesel 91%, concentrate freight and insurance 45% and electricity 9%.' BN Americas

[zangdook] 22/10/2022 08:12

not yet there with iWeb >:-(

[cshfool1] 21/10/2022 19:09

Useful dividend hit the bank today.

csh

[arlington chetwynd talbott] 10/10/2022 09:50

Tough crowd.

[mount teide] 10/10/2022 07:33

Excellent result - if only all my investments had such a reliable, high performing management.

Particularly pleasing result from Kounrad - to be on target for a record annual production performance nearly a decade after commencing production is outstanding.

[cthompso] 10/10/2022 07:13

A rock steady update!Debt free, competent, steady as she goes...

[melton john] 03/10/2022 15:08

Reported on Telegram? Kazakh Foreign Ministry spokesman Aibek Smadiyarov said that the participation of the CSTO in the zone of Russian-Ukrainian hostilities was out of the question, local media reported. In particular, Kazakhstan, according to the UN Charter, will not participate in the war unleashed by Russia"In general, the area of ??responsibility of the CSTO is clearly defined by the internationally recognized territories of the member states of the organization, and collective security is ensured within these territories. Thus, the issue of CSTO participation in the zone of the Russian-Ukrainian conflict is not on the agenda," he said.

[brucie5] 30/9/2022 10:51

Can never remember: does this mean fall tomorrow or today..?
;)

[bozzy_s] 29/9/2022 18:23

Ex-Div 10p today. Effectively up 1.5p on a terrible day for the market.

[spawny100] 29/9/2022 11:25

A lot of Russians are apparently fleeing to central Asian countries. 5 day queue to get into Kazakhstan apparently.

[pob69] 27/9/2022 13:01

Executive Director of Corporate Development, Louise Wrathall, joined the DigDeep Podcast to discuss her career that led her to #CAML and how the company has embedded sustainability throughout its values and into its operations.

[zho] 22/9/2022 14:54

A Great Copper Squeeze Is Coming for the Global Economy

The recent downturn for copper prices only stands to worsen a coming deficit as the slump discourages new investments for the metal used in EVs and power grids.

[melton john] 21/9/2022 13:00

On the Telegram app, Windows and Android, Kazakhstan having border exercises to repel invaders. China making it clear to Putin also on a recent post to back off from expanding into Kazakhstan htTps://t.me/ukrainenowenglish/18510

[waldron] 18/9/2022 14:48

florenceorbis
18 Sep '22 - 07:51 - 5237 of 5240

Need await Tuesday as Bank HOLIDAY ON Monday

[la forge] 18/9/2022 09:46

florenceorbis
18 Sep '22 - 07:38 - 5234 of 5239
0 5 0

[spoole5] 18/9/2022 09:30

https://www.thisismoney.co.uk/money/investing/article-11222045/MIDAS-SHARE-TIPS-UPDATE-Central-Asia-Metals-mining-money.html

[florenceorbis] 18/9/2022 08:02

Latest Dividends


Summary Previous dividend Next dividend


Status Paid Declared

Type Final Interim

Per share 12p 10p

Declaration date 29 Mar 2022 (Tue) 14 Sep 2022 (Wed)

Ex-div date 05 May 2022 (Thu) 29 Sep 2022 (Thu)

Pay date 30 May 2022 (Mon) 21 Oct 2022 (Fri)

[florenceorbis] 18/9/2022 07:51

Consensus

Mean consensus BUY

Number of Analysts 8


All analysts seem to expect an uptrend especially as ex divi date approached

The Mails article may have an impact on Monday

Midas verdict: Midas recommended Central Asia Metals when production first started in Kazakhstan, back in 2012. The shares were 89p then and have since risen to £2.28, paying consistently attractive dividends along the way. Like many mining stocks, Central Asia has fallen in recent months as metal prices have slipped, but the current price represents a buying opportunity. The company is well run, highly efficient and has a track record of rewarding shareholders: an attractive, long-term stock for new and existing investors.