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Karen
Whatever you had invested in Nmc you have lost,the shares no longer exist
Do you think they would allow this company back on the LSE and even if they did it would be under a different name with new people and new shareholders

The whole system is not fit for purpose,its just a big boys club and auditors,FCA etc do nothing to protect people but get paid alot for doing nothing,so how do you get to the bit look after shareholders interests when nobody is accountable
I think the only way to win is milk the system and stuff taxes and get what you can
This is typical of all the watchdogs who suppose to look after our interests but in reality are a complete toothless waste of time

Like I said before I got out of Kaz several weeks ago and I am waiting for the fall below 5000 on the FTSE
I intend to buy BHP,Shell etc having already got L and G and Aviva which hopefully will all be pretty safe

Can someone explain why we have auditors,it seems that they serve no purpose
What is the point of a company presenting accounts to them for them to pass them without question it seems a pointless exercise

Roughly you get 3 Kaz shares for 1 BHP,so to keep the numbers easy you buy 21,000 Kaz or 7,000 BHP at a cost of about £86,000
We now move forward several months and assume that the share prices go back to the last 12 month highs to see what we are now worth
So for Kaz it was 7.40 which equals 155,400 and BHP was 20.50 which equals
143,500
Now the hard bit assuming both pay the same dividend for Kaz 12c and BHP 1.20 assuming they dont pay any special dividend,so a difference of 1.08 or about 87p,we can now add 7,000 at 87p to the BHP total about £6,000
So overall Kaz still on 155,400 and BHP on 149,500 so a difference of about 6,000 and with very little risk
Having no idea how much people invest in a company I could be way out in peoples expectations of how much they would like to make each year and whether they think £6,000 is nothing or alot but I am assuming that for most people trading is not their full time occupation and this just adds extra to your income
Nb
I still hope that I can get back in Kaz at a decent price in a few weeks but just not in the same quantity as before so to evenly match risk and reward

Causal
I am just ready for steady income stream
Kaz has loads of potential but pitfalls as well

They have been saying the same thing about copper prices for years,next year
this will happen and it doesnt then there will be a shortfall and there isnt
Big copper plants being built in the likes of Ecuador and Mongolia etc
I assume you have researched how little copper electric vehicles use compared to everything else I think it was something like 1% of global use and even if there is a dramatic take up on electric vehicles it will still only be 2 or 3%

I read an article on CNBC the man who predicted the oil crash 3 yrs ago sees it back to between 40 and 50 dollars that will do most companies

You are right just looked at the live chart
I was just looking at tte headlines on CNBC they are quoting July price at $17 for some reason which is misleading
Anyway Brent is still down alot

Oil will bounce back just like the stock market
If I can get in around the £10 pound mark I should make at least 50% within a year assuming we dont get anymore catastrophes

Hasina
I think you will be pressing that stop loss button today
Cant believe that WTI is higher than Brent

I dont think we are going to be able get back in at a low price even if the FTSE goes below 5000 again,so it looks like I wont be a Kaz shareholder anymore,and i will be a BHP one instead at least they pay good dividends

There is something the matter as to why this is not tanking and although I agree with Roydon as to the economic things it is not having any effect on the Kaz share price which should be down 10% today

I concur with all your remarks Kaz shoud be 370,I think people are probably investing in it because of its location and operations appear to be unaffected by the virus so the numbers are pretty stable
Copper average round about 252 for the 1st quarter
Totally agree with Roydon I still see FTSE below 5000 in the next few weeks

America always wanted cheap oil and then they wanted it even cheaper so they allowed all this shale production and look what has happened it has they say gone a full circle
Shale producers will go bankrupt and I am glad the Yanks want everything cheap
And in 12 months or so time oil will be back up there

Perhaps he will bring his cheque book with him

It dont want to go any higher than 422ish
Couldn't believe my eyes one minute 422 a few seconds later 412 and then 407 and now 400 certainly back to its normal self today

Yes it does say that ,but the point is they are once again not paying up so they could decide in a few weeks not to pay at all especially if oil price dont recover

I wonder what the share price would be if we had received all payments from day one
They already owe us millions of pounds from a few years ago and now it looks like they are letting them off even more
I think I will take my loss and sell it's going nowhere when Krg can just decide they dont wont to pay anymore

Roydon
I agree but at the moment it is all about Covid with EU starting to remove some restrictions and New York slowing down
Yet IMF predicting a recession like we have never seen before
It will take a few weeks but I think we will be right I would be gutted having held this since 2012 with all the ups and downs not to be back in when it really matters