The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
furthermore bloomberg were quoting copper at $8000 per ton a few days ago because of the impending shortage in a couple of years because of a lack of copper being produced due to the collapse of capital investment after the 2011 crash.
Well done Kaz. They are first amongst many looking to increase the copper. 5 bill capex at those prices will have little effect though it still needs to be developed. A total nonsense all this by those so called brokers. As said a great buying opportunity. Remember when it was 80p per share and went to £10. Ned
i find this amazing given that there is meant to be a looming copper shortage and i would have thought that with all the EV being built in the next decade that the share price would have gone up rather than down due to their foresight. It is acknowledged that all the big boys like Rio and BHP are looking to increase their copper holdings. Look at the interest in Equador where all the big boys are now looking. I bought at £7 not believing my luck and then at £6.50. I have always done well out of KAz and when this calms down and people realize the stupidity of this then i am positive this will rerate.
This is a nonsense. Ned
https://www.thezimbabwedaily.com/news/221663-16-billion-deals-bear-fruit.html credit must go to the pure athelete on twitter. Have a good weekend
I watch and wait and read this board. I have taken out some 34 filtered souls even going back to the days of eric eric. I watch the last podcast by Nick. When he says its getting bigger, the grades are improving and alpala is looking good with its increasing strike length then i am happy to sit and wait. I still believe as do most of us that this is a life changing thing and whilst i am in excellent profit i am prepared to wait. If i do not benefit and my family does then to me thats all that matters. Have a good weekend all. Ned
Looks around 7.50 ish. Should climb before ex divi date in July ned
Hi Drusus. As I thought sadly. How do you know? Very annoying to put it mildly. Shame they did not think of a share buy back. I wrote to investor relations and did not have the courtesy of a reply. Probably all watching the IPL!! Ned
I seem to remember at the time that the drillers were fed chocalote and hobnobs. Maybe they have finally run out and awaiting new supplies which if carried by donkey could take awhile!!. Was this not around the time of Lizzard? Ned
I must say i love all these guesses. Me i will sell some around 1.30 to 1.50 and let the rest ride. I am 5 years into retirement and love my life. This will only make it better for my wife and i and our kids. Why people are selling now is beyond me. After everything that has gone on in the last few years and with whats coming you would think they would hold over the next few weeks/months, especially when you read the valuations posted on here. Its a funny old world. Ned
Hi Drusus. Unfortunately that was not made very clear by the person i spoke to. She has relayed my displeasure to the people in India (so she has said) as i felt this was very misleading to make such an announcement and then find we are not part of it given the great splash of news made. I told her that this should have been made much much clearer to which she could not comment as this was not part of her job and she was just answering the phone from the main switchboard. There is no question that she was trying to be helpful. From what was said i felt we are getting zero. Ned
I spoke to Vedanta today to ask when this extra divi announced so widely was going to take place as the payment date had passed. i was told that VED in the UK was not part of the Vedanta resource company in India and that therefore we in the UK would not recieve any part of the record dividend announced. I was refered to the March 13th RNS and was told it is a different company paying out the divi. I told the person that i was extremely hacked of as i considered myself to be a long term shareholder and as a result should also recieve something but i was politely told this was not the case even though all shareholders whether private or instituions were treated the same. I begged to differ. SO if you are expecting a payout and your share is VED then it will not happen. If you are part of Vedanta INdia resources with a different share reference (not VED but something in India) then i gues you will. I made it very clear i was very disappointed. Ned
A simple question really. It has been mentioned about a divi to shareholders if/when Cascabel is sold. The question is how much divi per share would be expected. This is new to me so curious really. Have a frat weekend all. Ned
hi all. I thought the divi as it was an extra was meant to be paid around the 17th april from what i read. it has not appeared yet so just curious if anyone has any news despite the 2 posts below. i have also seen articles saying $1.28 to 20 rupees (20p) which is quite a difference so also some clarification would be good. Cheers Ned