Update research from QuotedData

Central Asia Metals - Update research from QuotedData

23rd May 2017

Site visit

QuotedData's analyst, Paul Burton, shares his impressions from his site visit to Central Asia Metals (CAML)'s Kazakh operations. In late April, QuotedData's analyst visited the plant site with a group of London-based analysts. The group witnessed the first copper (in solution) being leached from the new Western dumps at Kounrad. The commencement of production here reduces the perceived risk in the expansion project. Overall, we were very impressed with the efficiency of the operations. The focus of extraction is transitioning to the Western dumps and the visit suggested that CAML will be able to continue to produce low-cost copper from Kounrad.

Full research:

http://quoteddata.com/2017/05/central-asia-metals-site-visit/

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NB: this note has been prepared for Central Asia Metals by Marten & Co and is for information purposes only. It is not intended to encourage the reader to deal in the security or securities mentioned in this report. Please read the important information at the back of this note. QuotedData is a trading name of Marten & Co Limited which is authorised and regulated by the FCA. Marten & Co is not permitted to provide investment advice to individual investors.

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