Central Asia Metals Share Discussion Threads

[zho] 17/5/2024 14:42

A good presentation from Nigel R at today's AGM:

[lookingforhelp] 16/5/2024 12:25

it's 0.2% Ni and 0.1% Cu...ridiculous.they will have difficulty actually reporting a resource here...how do you demonstrate reasonable prospects of eventual economic extraction with those grades in Scotland ?

[lauders] 16/5/2024 07:34

For those, like me until a few minutes ago, who are not aware of this piece:

Interesting about the silver. If correct, worth a question at the next Q&A opportunity!

[kael] 15/5/2024 09:31

Meant to say generally a cautious sign.

[kael] 15/5/2024 09:31

Take note, generally not a cautious sign for the stock market overall. Good for miners.

[zho] 15/5/2024 07:57

>>Copper skyrocketing>>

Yes - that's an all time high of $5.08 this morning.

[bozzy_s] 15/5/2024 04:40

Copper skyrocketing. Zinc motoring. Lead doing nicely as well.

Based on current spot prices, if CAML achieve their production targets, they'll have annual revenue of $282m (based on hitting the middle of their target ranges for each metal).

Most of the increased revenue vs 2023 should drop to the bottom line too.

Very happy days indeed 👍

Obviously these prices won't stay forever. And they weren't so strong in Jan-Apr. But still heading for a great 2024. 18p dividend looks safe for now. Could even tick up a fraction next year.

[hericsaba] 14/5/2024 16:48

copper all time high at the moment, about to break the $5.Zinc also smashing the 3000 after a good run this year.

[zho] 18/4/2024 12:22

Over the past few days, the world’s copper traders and executives descended on Santiago for the annual Cesco Week gathering. The main debate: Is this the beginning of the big bull market everyone has been waiting for?

Prices touched a 22-month high of $9,739 a metric ton on Thursday, up 13% since the start of the year.

Nick Snowdon, the Goldman Sachs Group Inc. strategist who has carved out a place for himself as the market’s most bullish voice, argued copper’s latest developments are only “the foothills of what will be its Everest.” He forecasts prices will average an astonishing $15,000 per ton next year.

Not everyone agrees.....

[lauders] 13/4/2024 11:05

For those interested in Cu. Should be pretty much everyone reading this text! The first part only (introduction) is of some interest and there are some points when discussing the different companies that are also of lesser interest. CAML is NOT mentioned.

[cthompso] 12/4/2024 13:14

Copper's still going strong - up to $4.35/pound now

[haywards26] 12/4/2024 13:05

It looks like we are on the next leg up :)

[haywards26] 10/4/2024 12:11

A nice share price increase here over the last month. I didn't expect the rise to be so quick and steep...

[caiman47] 09/4/2024 10:48

Actually it was the worst quarter at Kounrad for two years and the worst quarter at SASA since they bought it. There are, however, reasons for the underperformance.
Winter weather at Kounrad and the disruption resulting from the conversion to paste fill mining at SASA.

Q2 should be particularly interesting.

[cthompso] 09/4/2024 07:59

Rock steady Q1 update, as ever...

[zho] 05/4/2024 14:15

Copper Miners Glimpse the Future They’ve Long Seen Coming

A sudden supply drop and gathering confidence in an economic recovery have sent prices soaring.

[bozzy_s] 04/4/2024 23:02

^ Reassuring to hear from the horse's mouth. Let's see what they come up with. Would be magic to also find something by themselves in Kaz.

The phantom downticker - they've infested the AAZ BBs for about a year. Literally every post - and they add up to thousands - downvoted by an Incel loser. Never a day goes by without them appearing. What a waste of life. I genuinely feel sorry for them. Maybe they're Incel-adjacent, being an attention seeker, getting off from the attention when someone notices them.

[jimmywilson612] 04/4/2024 20:55

Email back from the company;

Both investments in CAML X and Aberdeen are designed to build a pipeline for the future but I can assure you that the team are still very active in looking for a bigger transformational project along the lines of Sasa.

[the count of monte_cristo] 04/4/2024 02:24

Copper waking up.

P.s. get a life loser guy marking everyones posts down:)

[2603] 03/4/2024 18:07

Looking for another test of £2 to add then I would be happy.

[dougmachin] 03/4/2024 13:53

Exploring multiple (potentially) high quality options has got to be a sensible strategy.

[bozzy_s] 03/4/2024 13:14

To be fair the Scottish investment doesn't make sense full stop! But it's a tiny amount of speculation money. I'm sure they're looking for something closer to production, of a higher value, as well.

Not sure I like the idea of a bidding war for any asset. Always better to buy from a distressed seller in tough times, for a lower price. This touted copper bull run is both positive and negative.

[scrwal] 03/4/2024 12:59

Count - If they are then the Scottish investment doesn't make any sense really.

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

I wonder if CAML are one of the interested parties?