Member Info for LythamSlim8

Crumbs. Calling on Putin for assistance..

https://mobile.twitter.com/disclosetv/status/1478805414003331075

Just a thought: any increase in price from this point would indicate a breakout from the downtrend in place since March 2018.

News online of oil workers walking out in solidarity with the protestors. Imagine CAML price would get spanked hard if similar happened at the mine.

Not much time left for a crash.!.!

Results in last week from Begbies Traynor (BEG) perhaps more relevant to the current prospects for MANO.

https://www.piworld.co.uk/company-videos/begbies-traynor-beg-interim-results-presentation-december-2021/

A good read across I would think and also quite encouraging.

Taking a spanking.

If you are able to then have look at the Copper chart in the following tweet. Decent visual representation of the current price in relation to the all time high (and subsequent attempts to breach).

Failure to get over the recent highs could induce a fair old sell off. The alternative has legs.. ha ha. ! ! !

https://mobile.twitter.com/badcharts1/status/1463978952549150744

The SP has fannied around over the last 6 months. Makes me think that only new ATHs in the copper proce will drive CAML higher.

Copper having another go by the look it. LME stocks evaporating. Demand outlook from China is the missing link.

Copper sitting on a rocket..

https://www.cnbc.com/2021/11/05/house-passes-bipartisan-infrastructure-bill-sends-it-to-biden.html?__source=androidappshare

No surprise. This is a quality outfit, well run with a predictable cash flow and profits. Outlook for the next few years is pretty much baked in.

Also some room for a surprise to the upside if / when the board find the 'accretive acquistion' on which they are focused.

Tonight's temporary measures introduced by the LME to boost Copper stocks and limit backwardation look fairly toothless in light of the current demand / supply dynamics.

Suspect we are only a day or 2 away from a short squeeze of biblical proportions.

Sounds ridiculous but you never know..

https://www.cnbc.com/amp/2021/05/06/copper-is-the-new-oil-and-could-hit-20000-per-ton-analysts-say.html?__twitter_impression=true

.. £2.50 hit - just needs a little push.

Looks as if the downtrend in place since May is breeched. £2.50 area needs to go next then a crack at the ATH will be on the cards.

GLA.

Looks

Looking perky today.

The Co fundamentals are solid. Record earnings are on the cards. Also M&a activity happening in the copper sector.

Any further advance in price here looks like a breakout from the downtrend in place since May.

A little disappointing that CAML hasn't moved higher after the recent update. The numbers are good and the income alone makes it a decent get rich slowly share.

My view is that a bullish flag is mostly formed on the daily chart and this type of pattern usually resolves with a powerful move higher.

Patience is all!

Perfer et obdura, dolor hic tibi proderit olim

Solid results. The extra debt repayment suggests confidence in post H1 trading.

Interesting comments towards the end:

Business Development

CAML has been active with business development efforts during H1 2021 and, during the six-month period, 18 opportunities have been appraised in geographies including Kazakhstan, Europe, Africa and the Americas and one site visit was undertaken.

Detailed due diligence has been conducted on four opportunities, with external consultants engaged for one of the assets. Three opportunities were discussed in detail at Board level, however there are no advanced discussions underway at present.

Strong base metal prices have generated interest from other parties in terms of mergers and acquisitions ('M&A'). However, diverging views on long term metal outlook, that typically arise in periods of elevated near-term metal prices, have in some cases emerged and these can create differing expectations on asset valuations, making completing transactions more challenging.

An acquisition should restore the growth element here and hopefully mean new all time highs.

GLA.

Copper market tightening - bodes well for another vertical leg upwards.

https://www.google.com/amp/s/auto.economictimes.indiatimes.com/amp/news/auto-components/shanghai-copper-stocks-slump-to-near-10-year-low/86119502