Kazakhyms plc is the tenth largest copper cathode producer and the tenth largest mined copper producer in the world. Its principal business is the mining, processing, smelting, refining and sale of copper and copper products, including copper cathode and copper rod. As by-products of it copper operations, the group also processes, refines and sells zinc, gold and silver.

            Red = 25 day moving average.           Green = 200 day moving average.

SALES PER ACTIVITY (Data as of 31/12/2005)

Copper operations & others: 100%

not selling (buying back) yet, that's for sure :-)

shame i only took diddy positions in both directions, but really shouldn't grizzle
very many thanks to rek!

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out at 204.1
there's probably more to go for judging by the order books, but with my small holding, not really worth gunning for

Thanks Cynic - Can I send you my invoice.

KAZ seems to be holding on today -
They must have loads of cash in the bank now and shares in Treasury.
One to watch although low margin miner, but with plans to expand to other new mines.
I am staying in for longer term news etc

looks like some hefty bear closing today .... wouldn't want to be on the wrong side :-)

looks to me like a lot more buying than pog.,.

KAZ.....................WOW.

Really like it when Cyners sells out and I buy in and duff him over.

Grand lad though , grand lad.

just be careful with this one ...... i think it's a bit of a one trick pony (copper) and has caught cold badly in the past due to local rampaging inflation quickly eliminating the advantage of devaluation

Youve got that from the Shares Magazine article yesterday.

Coppers well up today 145p at the moment.

Great to be on holiday havent enjoyed myself as much on this board for ages. Just goes to show plenty of energy.

last week's in part ..... anyway, i was happy enough to bank several shekels working AC/DC so assuredly no complaints

AC/DC loved their Albums.

The Dutch love the group.

Could be topping out GF.

">

Could be BB but look at that volume.

off down pub.

See ya next week mate.

cheers.

pub at 3.30pm......you gotta problem??

i was only into this one short (very nice) and then long (gobsmacked!) for a punt .... thus, with this morning's great excitement, i was very pleased and indeed thankful to have banked a juicy profit with +58.5p at 294.8

i don't care if that proves premature, for at the moment, i suspect an awful lot of forced bear closing

:~))

friend sticky wrote elsewhere this morning, "KAZ looks like its the next miner that could do well"

i confess i do not share that optimism, though i did very well out of it back in february ..... however, and as has happened in the past, the knee-jerk north following the devaluation, looks to me to have run its course

I agree with Cynic, as is usual, - The price of copper has recovered from recent February lows, but has recently dropped back a little and shows little ongoing strength.

When copper begins to strengthen, probably as a result of improving Chinese demand, then KAZ which is a high cost and low margin producer may only then begin to show renewed strength. ?

Probably Antofagasta is a better bet as it is a low cost high margin producer with lots of copper reserves. I am presently out of KAZ and into ANTO.

I am also into FRES, as silver prices may now be recovering and they have gold, so is a more defensive share.

Broken through the £3 barrier...... on my way back...... at last.,. sorry about pog skinners.

">

Kazakh government had agreed to reduce tax rates on some older assets which it plans to spin off in a move seen as a sign of support to the company's restructuring plan.


doesn't sound to me that the recovery here will be long-lived
however, I've been wrong in everything else of late so ....


btw, chart above say +27p today which is nonsense