Central Asia Metals Share Discussion Threads

[return_of_the_apeman] 22/10/2018 09:02

Both copper and zinc have broken out now

[cflather2000] 20/10/2018 11:32

This is true. The divi is based on the half year cash flow, so it's not a 2:1 split. Whatever is generated that year is payed out per the policy %

[cflather2000] 20/10/2018 11:11

The debt pay down combined with dividend makes this particularly compelling. Over time, whilst the divi is collected, the debt will reduce. If the EV stays the same, the market cap will increase as debt reduces. Therefore we should see dividends and capital gains

[zeusfurla] 20/10/2018 10:59

Shortarm On div more likely to be closer to 6.5p x2 going forward as CEO said in recent presentation but very strong nonetheless. When copper price rises, as it likely will in next few months, share price likely to go up too IMHO. Seems linked to FTSE250 to a degree at moment rather than copper/zinc/lead prices.

[zebbo] 19/10/2018 17:18

Still a crazy share price
Bot trading is killing fundamentals, this will change at some point. Happy to hold and will add further if we see more market disconnect

[king suarez] 19/10/2018 15:58

In short:

1) V low cost producer
2) One copper mine - 14 years life - c14k tonnes copper production per annum
3) One zinc/lead mine - 20+ years life - c22k tonnes zinc production per annum - purchased via debt and a placing at 230p last year.
4) H1 2018 EBITDA of $65m
5) Dividend policy of 30%-50% of FCF returned to shareholders p/a
6) c$165m of debt (part used to finance the zinc mine) being paid down at c$36m p/a
7) Copper mine in Kazakhstan, Zinc mine in Macedonia (purchased for $400m).
8) Some other copper/gold exploration prospects under licence also

Have a read of one of the latest presentation on their website?

[shortarm] 19/10/2018 15:21

Anyone fancy telling me all about CAML? Mine life, prospects etc?16.5p dividend seems attractive- can they keep it up? Thanks in advance

[mount teide] 18/10/2018 09:46

Wise words from Gianni Kovacevic Executive Chairman, CopperBank at the Mines & Money Conference in Toronto.

"The greener and cleaner we create energy, the more that is demanded of copper,”

"Royal Dutch Shell is saying that currently, 19% of final energy use is electrification, and that number will climb to between 50% and 60%."

[zebbo] 17/10/2018 19:08

I'll believe it when I see it. 10 years no chance IMHO, sounds like blue sky thinking on that timeline. We are yet to fully embrace the electric vehicle.10 years may see 50% of cars been electric but not autonomous / semi-autonomous

[eeza] 17/10/2018 18:00

Once again the selling started at 1400hrs.

[mount teide] 17/10/2018 17:55

Extremely well researched article on the current state of the Copper market and why the outlook points to higher prices, possibly much higher, once the derivative markets revert to being driven by projections of short/medium term supply-demand fundamentals.

Chinese customs records show in September they broke a record going back to 2000's commodity boom super cycle, for the monthly importation of Copper concentrate at 1.93 million tonnes


Why conflicted copper shows little consensus - Mining.com

[graham86] 17/10/2018 17:54

can not see how a car boot sale will work without cars

[fangorn2] 17/10/2018 16:13

@Santar,

I can see the appeal, especially if you spend a significant time behind wheel in traffic....but it will seriously impinge on your freedom mark my words.

[arf dysg] 17/10/2018 12:27

It's a TRAGEDY, I tell you!

[santar] 17/10/2018 12:25

Fangorn2 - I see this as door-to-door personalised public transport. As I seem to spend most of my time behind the wheel stuck in traffic, using the time focussed on something else does seem attractive. Being able to stop for a meal with alcohol? And I would certainly prefer my daughter or wife to be taken home after a night-out in a tracked driverless taxi. Has to be the way forward to solve congestion and parking problems in cities and very ecologically sound. However the combination of electric+driverless will be extremely disruptive to existing transportation and all car related industries; in what I believe will not be too long a timescale.

[v11slr] 17/10/2018 11:58

and the elderly.

[eeza] 17/10/2018 11:52

The young will certainly embrace it.

[fangorn2] 17/10/2018 11:24

@Mount Teide

Indeed.

Could be worse though - these Politicans could have one lane of motorway cordoned off for their use in rush hour!! ie most of the time.

[mount teide] 17/10/2018 11:05

Will probably be like the Central London Congestion Charge and inner London parking charges - designed to help politicians and City types to get around a little easier in their Mercs and Beemers!

Up to 4hr parking charges at many Central London car parks are now £30.00+

[santar] 17/10/2018 00:00

Fangorn2 - did you see this BBC article?

Why you have (probably) already bought your last car

I personally like this vision of the future.

[fangorn2] 16/10/2018 21:14

"New EU Environmental Regulations to cut CO2 emissions by 2030 will drive massive growth in EV's "

Given how expensive such are I presume it's a way top drive most people off the roads onto Public transport.

Perhaps that's the plan.

Taking away peoples abilities to own cars severely curtails their freedoms - notably the freedom to go anywhere anytime on a whim!

[mount teide] 16/10/2018 21:04

New EU Environmental Regulations to cut CO2 emissions by 2030 will drive massive growth in EV's and the demand for copper and battery metals over the next decade.


German car industry faces 'existential threat' from political attack and electric vehicles - Telegraph today

'Volkswagen’s Mr Diess said a reduction of 40% in fleet CO2 emissions would mean that half of all new cars sold in Europe would have to be electric by 2030. He warned that the switch-over could cost an eighth of the 800,000 jobs in the German car industry. Some say it could be far higher in the end.

Germany’s car manufacturers face an existential crisis and risk going the way of Britain’s once-mighty car industry within ten years, Volkswagen has warned in the grimmest assessment to date.

Herbert Diess, the company’s chief executive, said Germany is not ready for the revolutionary effects of the electric vehicle and is under political assault from those challenging the whole concept of car ownership and mobility.

The most menacing shift is the latest turn in EU environmental regulation. Ministers have agreed plans to cut the CO2 emissions of new cars by 35pc by 2030. The European Parliament is likely to insist on a higher target of 37.5pc when the final deal is thrashed out in conciliation committee.

This effectively means an EU quota for electric cars. “It is the end of the car industry as we know it. What is clear is that the combustion engine no longer has any future,” said Markus Fasse from the Handelsblatt.

The German car industry was horrified to learn that their own minister at the talks told EU colleagues that she personally would have like even tougher standards. “The German car industry has, for the first time ever, lost the protection of politics,” said Eurointelligence.'

[mount teide] 16/10/2018 16:37

Commitment Of Traders: Reportable Non-Commercial Net Positions (Futures Only) w/e 12 October 2018



Copper is on page 4 and 26