Member Info for G8shd

Are you on the correct board?

Good point about the copper price which is reducing all the time but the issue is discussed wit the CEO in the interview below from about 1 minute 30 seconds in. Although this was October last year I take heart in the figures discussed although accept your point the dividend could be reduced. http://tinyurl.com/o7a3sna

Hi Sovereign, the text below is copied from the RNS of 6th January. It does not state what the dividend will be as this will be announced in April. Last year the dividend announced in April was 7.5p per share which makes this look like exceptional value IF that level of return is maintained. "In turn, this means that our key objective of delivering value to our shareholders can be maintained and our dividend policy of returning a minimum of 20% of the annual gross revenues remains robust. Since production commenced in 2012, we have averaged returns to shareholders in excess of this minimum. Our 2015 annual results are scheduled to be announced on 11 April 2016, when our final dividend will be declared."

Strange, repeating volumes too!

I'm so sorry you lost your dad and, like you say, it is all relative and this is only money. It is probably best just to put this down as a bad experience and move on with life. Stay positive and do not let this shower effect you, I really do wish you all the best and the rest of the PI's who lost out here.

I have steadily built a holding over the last 3 years and have lost all £10k which is a lot of money to me. I was duped like everyone else and if I ever see Costis, I will chin him! Not a very mature statement but if he tried to rob me of that amount face to face I would hurt him! Absolutely gutted and it will take years for me to save that amount. I have lost money before but never like this; as a result of lying, cheating,self interested crooks. Sue me if you want Costis but you really don't want to meet me! No offence meant to anyone on this board, hope all those who have lost here recover. All the best

Not sure of the exact date but last year's interim dividend was paid on 31st October and went ex dividend on the 9th October.

The quietness of this board used to be very reassuring. There have been such falls before that have allowed me to top up. CAML is a very well run business and if there were problems the management would have known and issued a statement accordingly. I noticed one large sell today but am not overly concerned. I expect this to recover and maybe even an RNS. This is only my opinion and the thoughts are mine too. A good company on AIM who consistently pay decent dividends.

Very happy with my holding here and with Nick Clarke's management of the business generally. A good day for those of us invested as the dividend is paid today and the RNS shows there are also things happening to support the longer term growth of the business................and, hopefully, future dividends. Tempted to add to my holding but will hold off for a while. This is by far and away the best share in my portfolio even with an equal holding in Rolls Royce for a similar time. This is also the best BB as there is never any drama and I cannot remember much in the way of rubbish being talked as compared to QPP and COMS.

With these results and the dividends I have had since buying my first lot in early 2012. I just wish I had been brave enough to invest fully in here rather than in Mouchel, Paragon Resources and other dead dogs but that is AIM and hindsight is 20/20. Fully intend to hold my shares long term and top up at anything around £1.50 so this really is a great investment for me.

Studies to date, including a total of 253 drill holes, estimate that there is a non-JORC resource in the bay of 116Mt at 0.25% Cu. This amounts to some 290,000 tonnes of copper, plus there are also minor gold and molybdenum credits available. Simple and conventional metallurgical processing methods will be used, and metallurgical studies so far suggest that up to 80% of the contained copper is recoverable. Taken from CAML earlier today, admittedly slightly out of date regarding Q4 2014 but still quite positive, I am a long term holder here and wish I had topped up at £1.40, keeping a watching brief on this daily now for further buying. During 2014, CBL plans to perform a pre-feasibility study (PFS) in order to prove up the potential of the Chañaral Bay project. The PFS will look at all aspects of the project including: The environmental and social impact on the area The definition of the resource Investigating the optimal method for reclaiming the sands The processing of the sands to produce saleable products and a cleaned residue The safe disposal of the process residues A preliminary evaluation of the project economics Given a positive result to this PFS, CAML have the right to invest a further US$3 million to take their holding in the company to 75%. These funds will finance further studies with the aim of upgrading the PFS to the level of a definitive feasibility study to be completed in 2015. CBL expects to be in a position by the end of 2015 to move forward with detailed engineering and construction of the necessary plant and equipment, aiming to commence production in 2016.

Just look at the production update from 6th January. This company is far too well managed and has a history of this as well as steady dividends. I have been a holder here for over 3 years and it is my only holding that has not let me down at some point. I agree with Rogerdodger, this is an investment, the dividends are more lucrative than any bank. If you treat it as an investment you can ignore falls like today as the fundamentals of the business are very solid. This is an ideal top up level IMO and that is what I shall be doing but DYOR.

Hi Seatrout, he may have been right but there is a thing called dignity and he clearly does not have any at all. All invested in here look as though they may lose their investment with the BoD changing their target market with the wind and no clear strategy in place. He may be right but 'I told you so' makes me beyond angry, nobody likes a smart@rse. If he is not invested here why would he come back after the 'news'? I could cheerfully give him a right slapping

The sad thing is that you don't hate to say it.......you're loving this. Are you invested here or just a sick car crash viewer?

I know it is not easy ST but try to remain calm. Don't let this shower of directors and their sham/scam get you down. They've got or have had our money, we just have to wait and see, not easy, but no other choice. Keep your chin up, you're not on your own. ATB

Lego is clearly back in the shadows after his brave post - you just know he is under 5 ft 6!!!!

Hi Seatrout, your post sounds very positive and I am pleased you are looking forward and planning, keep up the good work. Over the course of a lifetime, PAR is just a small part of ours but one which leaves a nasty taste. You sound like a decent lad who has had a hard time but you will come back from this. If PAR had gone up to £1 per share it would not have made us any better as people but now it is on its @rse, it does not make us worse people. All we have lost is money which I cannot afford to take lightly but we are still kicking and life goes on and it does get better. 12 years ago I was 2 days away from being bankrupt, earning £12k per year with debts of over £30k and a 6 year old son to support. Things looked grim but the only thing that made a difference was having faith in the future and not knowing what it might bring. I did not go bankrupt and through hard work, a slice of luck or two and just not letting it get me down I am still here............fatter and balder........but still here and still positive. Keep your head up and look forward. All the best

Hi Seatrout, how are you ? That is exactly my attitude with this share but it has not put me off other shares. There are some good opportunities out there and some decent, well managed businesses unlike this shower of sh111te hawks. The NVTA/PAR adventure will end up losing me money but I am happy to move on and put it down to being shafted. This heap also attracts ne'er do wells like (no effing SENSE) and the ever smug AI. Some of us have had faith here and although it is an investment I doubt any of us ever imagined this scenario but 'I told you so' people just boil my p11ss

Hi Seatrout, I hope you are well. Not long to wait now and then we can move forward whatever the outcome is. Nothing is decided yet and there is a lot of pure conjecture on here which needs to be ignored. Gateshead FC have started well, proper football in the lower leagues, no diving, cheating or girls' blouses.

Hi Seatrout, hope you're well. If anyone could predict what that lot are up to they would be in a tent on Blackpool front. Peterlee not far from Gateshead, enjoy.