Central Asia Metals Share Discussion Threads

[jbravo2] 10/1/2023 08:00

@Tag
AAZ is currently a small, mainly gold, producer. Only 2-3k tonnes of copper currently but it’s about to double the size of its copper plant as it mines ever more copper ore and then transition to a mainly copper producer as it opens its newly acquired Garadagh concession but that one is another few years off producing.
Much smaller than Atalaya and Taseko though, so possibly larger rewards to come with of course the possibility of increased risk.

[ayl30] 10/1/2023 07:30

Solid results will underpin recent share price inc

[andydaf] 10/1/2023 07:29

Good solid update from the most reliable company i own shares in.Strip the cash out and its trading on a p/e of 6 for a debt free company owning two good assets.Looking forward to a good dividend this year.As always GLA

[spoole5] 10/1/2023 07:05

Great update, cash pile growing

[caiman47] 09/1/2023 12:58

Agreed about Atalaya. An exceptionally well managed business with a lot of growth coming through.

[santar] 09/1/2023 12:10

Taseko Mines (TKO) is also worth a look. Producing copper mine in Canada and fully funded Florence project in the US awaiting final permit. Listed in London.

[tag57] 09/1/2023 08:48

Thanks zho, I will take a look.

[tag57] 09/1/2023 08:31

Can anyone recommend another smallish copper minor similar to CAML, I am looking to invest more in this sector but dont want to increase my exposure to CAML, if possible?
TIA
Tag

[zho] 14/12/2022 08:04

FWIW: "Copper prices — traditionally a barometer for the global economy — are expected to soar next year"

[melton john] 10/12/2022 14:44

I don't think any more expansionist adventures are likely. Especially in Kaz. The Kaz president has already told Putin to wind his neck in about any thoughts of mutual aid from Kaz and the other members of the CSTO ie Armenia, Kyrgyzstan and Tajikistan. Only Belarus is supporting Russia. A lot of rumblings internally from federation members, even Siberia, wanting to break away from Moscow.

[brucie5] 10/12/2022 12:14

Melton John10 Dec '22 - 10:58 - 5274 of 5274
0 0 0
Kazakh journalist Arman Shuraev marks R
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That's telling them! I only hope they get the message.

[melton john] 10/12/2022 10:58

Kazakh journalist Arman Shuraev marks Russia's card via a message to the Russian ambassador to Kazakhstan. He dosn't mince his words.

[garycook] 03/12/2022 03:11

Welcome Bluemango.If CAML were in the FTSE and not AIM,the share price would be nearer 300p

[bluemango] 02/12/2022 12:56

Joined you guys with an investment here. Great management, no debt, very decent yield, nice quiet bb thread .... what's not to like? :o)

[sharesoc] 27/11/2022 18:47

In case you missed ShareSoc's webinar with Central Asia Metals plc (CAML), the recording can be found on our YouTube channel:

[zho] 23/11/2022 08:54

$CAML Don’t miss Nigel Robinson, #CAML CEO, presenting at @MinesAndMoney on Wednesday 30 November at 11:50am (GMT). If you haven’t already, you can register for the event here

[melton john] 12/11/2022 12:14

Don't tellem zho.

[zho] 11/11/2022 08:18

Black Rock have declared a 4% holding in Atalya Mining.

ATYM have just reported an average C1 cash cost of $3.26/lb for the first nine months of the year, compared to CAML's first half C1 cash costs (for copper production) of just $0.63/lb.

[the count of monte_cristo] 10/11/2022 11:32

Not surprised as Arras are sitting on a very large copper find.

[gosoftly7] 08/11/2022 16:16

I'm not putting the value at zero. From studies you will get an IRR which means that you can determine how long before you get all your money back. The asset should still be worth a lot - otherwise why would you have invested.

A "normal" study will say 15 years LOM with payback in 5 years.

In this instance after 5 years they have yet to get back half the money that they paid for the asset.

With good exploration results Sasa could be around for many more years, but this rate of return is poor.

Have a look at Adriatic's feasibility study as an example.

[yawn1971] 08/11/2022 14:55

250p here we come

[cthompso] 07/11/2022 16:16

You're putting the current value of SASA at zero?

[gosoftly7] 07/11/2022 10:40

Looking at the figures for 5 year ownership:

Cost $402.5 million
Capex $52 million
Total = $454.5 million

EBITDA = $280.2 million
Taxes = $66.7 million
Take the tax off = $213.5 million

So after 5 years without any financing costs etc they have yet to get back half the money they spent.

Not sure this is a good result at all.

A pity as I am generally a fan of management here - have done so well in rewarding investors with dividends.

Maybe I am completely mistaken?