Central Asia Metals Share Discussion Threads

[yawn1971] 25/10/2024 07:58

Sellers everywhere right now it seems

[spawny100] 25/10/2024 07:30

Getting dropped on a piddling number of trades. Big retreat from 200 recently. Why?

[2603] 24/10/2024 14:13

There’s deffo a seller in here, they have been here a while.

[smackeraim] 24/10/2024 07:56

copper looks like it wants to head up again

[the count of monte_cristo] 07/10/2024 02:53

Indeed, but one thinks they might be making the same mistake on the project in Scotland. I'd just prefer they do a much larger deal and buy a third mine and make that transformational leap, as opposed to wasting time on a project in Scotland which will just get blocked by the environmentalists there, years down the line.

[caiman47] 03/10/2024 17:18

CAML does keep an eye on EST, but CAML has already appointed its own exploration team in Kazakhstan. The no-growth problem has been very much taken on board, but CAML is way behind ATYM in that regard.

The Copper Bay project in Chile simply was not a good project. It needed two copper plants (oxide and sulphide) for a relatively small resource. Also, there was the unquantifiable Tsunami risk. The numbers did not stack up and so CAML wrote it down to zero. CAML still holds toe controlling shareholding if anyone wants it.

[the count of monte_cristo] 30/9/2024 15:02

True, CAML invest in projects like the copper project in Chile (that went well) and the Scottish one which will never happen. Buying an actual resource in Kaz would be crazy, right.

[spawny100] 30/9/2024 13:25

Had a quick look at EST. Looks like another AIM lifestyle share. Not my cup of tea but perhaps CAML might be interested as they get even cheaper!

[the count of monte_cristo] 30/9/2024 13:11

EST now looking very cheap.

[cthompso] 26/9/2024 14:55

Seems crazy. Given Kounrad's low cost every 4 cents more (on the years average) is more than a million on the bottom line.

[spawny100] 26/9/2024 13:30

The drop of more than the div makes little sense today with both copper and copper miners (e.g GLEN and ATYM) surging. Buying opp?

[justiceforthemany] 26/9/2024 13:08

Copper surging
Heading back to $5

[bozzy_s] 26/9/2024 08:50

For any newbies, ex-div 9p today. So anyone buying now won't get the 9p payout on 22nd Oct.

[1knocker] 25/9/2024 16:15

No hurry. The dips come thick and fast. If ever there was a market in which patience to let the price come to you pays and chasing does not, this is it.

[spawny100] 25/9/2024 15:10

Decent buying volume today.

[bozzy_s] 24/9/2024 18:26

Yeah it'll be minus 9p or thereabouts on Thursday when it goes XD. If you've used up your tax-free dividend allowance for the year, I'd buy after XD date. If you can receive a dividend without being taxed, then buying before or after XD should make no real difference.

Copper is the bread and butter for CAML, with Zinc and Lead being the other income streams.

Obviously ADVFN shows live copper prices. For zinc and lead I use the following:





Zinc's in good form. Lead struggling a bit. But copper is the one to watch.

H1 2024 revenue - Copper $59.1m, Lead+Zinc combined $44.7m

[petersinthemarket] 24/9/2024 16:42

Many thanks guys - have taken first tranch at c201p and may double up on any low after xDiv.
pete

[2603] 24/9/2024 16:13

Peter i started purchasing this share in June last year around £2.10 and have bought on a regular basis all the way doen to the £1.60 mark, I have taken my Diviends along the way so with anaverage of around £1.90 I have accumulated over 25000 shares. This is the best way to buy this type of share if you want to hold for the long term. If you think we are in a good positive market for Caml in my opinion I would buy for the Divi and add to it as it drops. Looking at Caml chart and the way copper, lead and Zinc are going up I cant see this falling much, whwn it goes Xdivi if this does drop 9p I think you will get a lot of buyers jumping in, if it doesnt recover on the day I am sure it will within the next few days.

[the count of monte_cristo] 24/9/2024 10:51

It usually falls by at least the % dividend, from what I notice.

I bought 3,800 GBPs worth this afternoon. The dividend is so solid on this. Not as good as ITH and SQZ, but still excellent plus the share price has growth potential.

[petersinthemarket] 24/9/2024 10:27

Going xDiv for 9p on wed 26th sep. - share price on a real run atm.
I am a newbie to this company and would like to buy.
Does anyone have an informed view on whether a buy before or after xDiv is the best for a long term hold. Given that the share price of many shares falls by about the div value after xDiv and some shares fall more heavily than others. I haven't been watching this share for long enough to know how xDix day affects it's share price
Any comments?
pete

[tricky red] 24/9/2024 07:21

Over the 50 day moving average. Would be nice to see a run like in April.

[tricky red] 24/9/2024 07:21

Expecting a little run now.

[smackeraim] 24/9/2024 07:05

Copper flying again looks good

[bootie64] 24/9/2024 07:05

Looks likely the £2 level will break today