Central Asia Metals Share Discussion Threads

[the count of monte_cristo] 03/4/2024 07:15

I wonder if CAML are one of the interested parties?

[2603] 02/4/2024 13:19

Caml is really starting to gain momentum now, I started buying this in June last year from £2 down to £1.60 mark. Happy from a heavy loss to now in profit. I can’t see any reason why this company can’t make new highs, it’s one of the best well run companies, yes they are cautious and don’t like to gamble with their money, which is why I can sleep at night. Here’s to breaking £2.10 then no resistance till £2.50.

[dougmachin] 01/4/2024 12:30

If you can't get past the firewall, just search for:

Traders bet on supply squeeze pushing up copper prices

If it doesn't work the first time, then try a different browser.

Worked for me in Chrome, then I tried Safari too.

Great new word... contango! Biggest ever in 2 decades.

[zho] 01/4/2024 11:40

Traders bet on supply squeeze pushing up copper prices

Difference between spot price and future delivery is the largest ever, in records that go back to 1994

[dougmachin] 28/3/2024 23:08

A positive write-up here a couple of days ago:

[yawn1971] 28/3/2024 14:09

Let's get one hump over the 200 mark Caml

[bozzy_s] 27/3/2024 12:10

1K Conroy comes to mind (that's an AAZ reference for anyone unsure). Hopefully they're looking at something more meaty as well - a producing miner somewhere.

The time to strike was late last year / early this year when metal prices were low, operating costs high, and therefore bargains to be found.

At least their existing mines are making decent money. Enough to potentially add 50% to the share price in favourable times.

[1knocker] 26/3/2024 19:28

Pleased with the dividend . Perplexed by the investment. If this is the one they have gone for, it makes my hair curl to think of what else they were looking at and decided to pass on!

[gosoftly7] 26/3/2024 18:49

Hi JW612,
You are absolutely correct -the amount is low. However it's the direction of travel that it implies. Scotland!

They have been in Kaz for years - look at the other mines that have been developed in Kaz whilst they have watched from the sidelines.

I think they need to push hard in Kaz - mining friendly and they want the employment and the skills that go with mining.

Eye off the ball for me.

[shortcpx] 25/3/2024 17:48

Deals with BHP and Getech. What does Australian have to do with it. Weird comment

[zangdook] 25/3/2024 17:01

1.7p/share may be immaterial to you bozzy but it would make a difference to me. Anyway, the payment was made this year, and do you think they're not going to put any more money in over the next years?

[jimmywilson612] 25/3/2024 16:22

I mean, some context hear will be useful:

CAML Market Cap Today; £344M
Amount Committed to Invested: £3M
Free Cash Flow: $57.5M
Cash in bank: $57M


I appreciate its not the location that 1st comes to mind when considering CAML, but its not exactly breaking the bank for them. Less than 1% Market Cap....

[bozzy_s] 25/3/2024 16:15

Or, to put it another way Zangdook, it's the difference between a 9p dividend and a 9.2p dividend over the next 4 years.

Immaterial.

A waste. But an immaterial amount.

[the count of monte_cristo] 25/3/2024 13:17

Name a producing mine in Scotland.

If it would have been Finland or Sweden, I get it. Even if they prove up the resource, how likely is a mine in Scotland with all the nimbys. A waste of money....like that copper project in Chile, remember that!?

[kael] 25/3/2024 13:10

They already are exploring Kazakhstan

[zangdook] 25/3/2024 13:07

It's the difference between a 9p dividend and a 10.7p dividend. But then there's the option to put in another £2m, and inevitably there will be more funding calls...

[bozzy_s] 25/3/2024 12:45

Happy with those results, especially given the low metal prices last year. This year should be better. Delighted with 9p final dividend.

Not expecting anything from the Aberdeen exploration, but it's not a material amount of money. More likely to find something in their own backyard in Kaz.

Well done CAML.

[scrwal] 25/3/2024 12:38

Any exploration should be done in Kazakhstan not Scotland - a bad move for me. There should be many more opportunities there so why couldn't the board identify or acquire any licences - seems very odd.

[briggs1209] 25/3/2024 11:52

I don't like the itchy feet with respect to doing a deal.

Absolutely nothing wrong with getting the ore out of the ground and generating a stream of dividends whilst exploring better extraction at current sites.

[mattybuoy] 25/3/2024 10:53

I like it (Arthrath). 10,000m of drilling should be enough to see if there is anything there. Nickel/Copper sulphides are the holy grail.

EST are very Australian and may not be amenable to a deal. Takes two to tango ...

[podgyted] 25/3/2024 10:50

Yes a bit wierd.

It made me uncomfortable enough to move to the sidelines for now. Pondering what to do and giving the market some time to see what it thinks.

Not really the sort of thing I bought CAML for. I was looking for CAML to buy a working mine as its third leg to ultimately replace Kounrad - not sure about an E&D arm instead.