Member Info for Autonomy1

I am quick to find fault with the share price when it falls so it's only right to give praise as well when it's soaring like today

To be fair I forgot that 400m was for Baimskaya but it is still not good

The figures may look good but the copper price is not high enough to pay off the debt
Cash was 1.469m Dec 18,down to 739m at half year and now at 601m .Like I have said many times before the Bod have rose coloured spectacles on as they thought that the copper price would stay high and the debt could be managed
I hope like Rastuss seems to think they can get another loan to pay off the current one

I am assuming that they will get a partner and also they stated in the conference call that the debt for Baimskaya would be over a longer period of time so I am hoping that they will be producing before big repayments are due

The average copper price for this year so far is 2.73,and Kaz is struggling to pay off the debt,hence the 15% fall after the results, and the share price hasnt recovered.In January the Ftse mining index and copper were the same price as they are today and Kaz was 547
Copper needs to be above 270 constantly throughout next year which I don't think will happen
Everybody is lowering their forecasts on copper mainly due to Chinas lack of growth
and any deficit seems to have been defered until 2021, after,in which time it won't matter because the debt repayments are lower and Atokay 2 will be starting to produce

Looks pretty normal to me can you explain further

I have just looked to see who the major shareholders are.It seems that over 500m are owned by private shareholders via Hargreaves and Interactive investor formerly Td Waterhouse which account for just under 50%
Anyone got any ideas who owns all the others it is not the directors who only hold about 1%

You never know we may get some good news on debt restructering for next year or am I being a bit optimistic

It means nothing so dont worry about it

Well we are both right in some sort of way then

It's normally only production figures in q3 and projections for full year
Rastus seems to think we get a bit more ie earnings,capex etc but I disagree

Yes doing well against Anto makes a change
Still a long way to go

Ftse mining index up over 300 points Kaz normally rises about 5p with every 100
Also copper up and maintaining initial upwards movement ftom last week needs to push to 270
Dollar has been down the last few days which has helped copper price but if we don't get a Brexit deal today then the pound could fall and copper and Kaz with it

To many people with no experience in share dealing have got caught out with this and they don't know what to do next
They don't want to sell and loose everything whilst there is hope that it may recover
but I think the chances are slim,even with a rescue the price will then be diluted by further shares,and it's going to take a few years before the company is profitable thats if it survives
A lesson to be learned by all but a very painful one

Nice to see Kaz is back to normal down 3 1/2%

Thanks much as i thought but still no logic in the fast differences
Furthermore I was kind I was looking at next years profit they only made £30m this year
The whole stock exchange needs an overall,not just on this issue but on price movement ,market makers etc

For those of you who are much brighter than me I have a question
I have just seen that Asos is up about 20% please tell me how a company making £60m a year has a Pe of what was in the 80s is now in the 50s be worth much more more than Kaz who is on a Pe of about 4
I can never understand this Pe thing why there is such wild numbers
Nb
I know it has to do with debt and future growth but it still don't help me

Having looked at last years Q3 all you get is production numbers

It's onky a production report so they don't tell you about,earnings,profit capex etc it's just how much copper gold etc they are producing and if they are on target

Don't think that was likely not after 2 previous good days
However it is holding up well considering copper has dropped over 1%