Kaz Minerals Share Discussion Threads

[arja] 22/8/2018 09:03

every mini intra day rally sold into and now at low for the day or close to it ! needs a change of sentiment for mining stocks .

[porsche1945] 22/8/2018 08:57

Going seriosly down the toilet with most other copper miners. Interesting report on Bloomberg that most of the recent price rise had in fact been down to one very large Chinese fund amassing futures and distorting the market which they are now unwinding, alot of hype about electric cars and copper structural shortages given the lie with warehouses in China stuffed to rafters with unsold copper.

[eentweedrie] 22/8/2018 08:37

i doubt it will go to £4 - have added another few k at just over £4.55.

[arja] 22/8/2018 08:17

will turn at some point and maybe at about 400 as chart suggests . might be mini bounces along the way

[shammytime] 22/8/2018 08:13

It has a bit more to go. Definitely on its way too 400p before any significant recovery

[arja] 22/8/2018 08:08

catching a falling knife can be painful but good luck with it . No sign of a trend reversal yet and a gamble to buy at this point IMO .

[deanroberthunt] 22/8/2018 07:35

FALLEN 60% IN A COUPLE OF MONTHS, SO I FILLED MY BOOTS YESTERDAY

[ivebeenherebefore] 21/8/2018 23:03

LME copper inventories shrinking

[edjge2] 21/8/2018 14:19

Sentiment is mega negative. May go lower but suspect deal is better than perceived taken a fair bit at 470 but will add more if it descends. A bagger for the future and gold showing some signs of life.

[arja] 21/8/2018 14:18

with suggestions of a £10 to £15 share price you may have a point . But when they grow up in 15 years , who knows what the share price will be ! ( smile )

[andyj] 21/8/2018 13:33

Are you sure some of you are old enough to be buying shares?

[arja] 21/8/2018 13:30

chart usually tells the story and best to do what it indicates as it our boss !

[deanroberthunt] 21/8/2018 13:25

looks like KAZ has had a bear market all of its own

[the canadian mounted] 21/8/2018 12:35

More like £10-15

[topazfrenzy] 21/8/2018 12:32

It won’t be 800, wake up! It’s a sinking ship!

[fuji99] 21/8/2018 12:01

Just keeping topping up. This will be over £8 by Xmas. When one gets such a good opportunity to buy kaz at these levels ?

[alamaison5] 21/8/2018 11:39

KAZ: I'll go for 400p.

[tradejunkie2] 21/8/2018 11:31

Cry face :(

[arja] 21/8/2018 10:43

and improving copper price not helping unfortunately . I guess news about the bad deal will affect KAZ for some time .

[tsmith2] 21/8/2018 08:20

Each time it tries to go up, a flurry of sells..

[temmujin] 20/8/2018 23:46

eurasia mining is the one to be in...will 10 bag soon EUA

[ivebeenherebefore] 20/8/2018 22:31

Prices are a result of supply/demand dynamics.

Supply side -global copper production has already begun to fall and is set to continue to fall - fact.

Demand side - clean energy, electric vehicles, industrial electrification etc all contributing to a demand.

Here we have a company which is highly geared into the copper price and post baimskaya is still due to remain in the first quartile of the global cost curve. Copper majors are all fighting to keep the copper tap on through new projects and quite frankly were probably put off by the geography and political nature of Baimskaya.
Management were doubted and shunned over Bozshakol and Aktogay - WE HAVE SEEN THIS BEFORE.
They have a solid track record with similar projects (as above) and so we have no reason to doubt Baimskaya.

This downward move will be temporary and I strongly believe this stock will be a
5+ bagger over the next 3 years.

Let the day traders and shorters huff and puff...I plan to keep adding and will sit pretty whilst the underlying fundamentals play out.

All the best to my fellow holders.