Ive got a 6 fig shares here. Although the SP is disappointing the divi and performance is good. Long term dept will be banished. We can accumulate cash. Fag packet calcs - 10 years we could have cash = current mkt cap + yearly divi's + chance of a good JV purchase in the mean time. Obviously I expect metals to trend around these levels +/- 15%
So, the hints were there from earlier interviews. They know more than they are letting on, from sure. Quietly securing what they need to build the 2 mines, before releasing further info Great work from ECR
CAML also need to work harder on releasing more value. We have significantly underperformed other base metal miners over the last 12 months. Our SP should be North of £3. This really needs to be addressed by the CEO / BoD, that is the challenge.
The reality of the moment is market sentiment pure and simple. Think we all agree CAML is well run, very profitable etc. The only thing we lack is a growth ingredient to really propel the SP That does not alter the fact we are dirt cheap and have not actually kept pace with the big boys on an SP basis
How many stale bulls are there out there with big holdings.......my guess is quiet a few. I expect that when finance is agreed the SP will spike up and some big holders will exit. However after the wash through I expect we will push north. For me HZM is a conviction hold, just saying how I think it will play out. Welcome any views on SP during the build phase