Atalaya Mining Share Discussion Threads

[pawsche] 05/12/2016 16:03

PEEL clipped a cool 5p off the offer!!

[acamas] 05/12/2016 15:48

Good grief we get positive press coverage and we go red. There is no logic to that event

[superbobtaylor] 05/12/2016 15:46

I just had a nibble at 1.29.

SBT

[qs99] 05/12/2016 14:55

thought ATYM may have reacted slightly to the big uptick in copper ....

[waterloo01] 05/12/2016 14:04

Coppers back to £2.70

[manfrom] 05/12/2016 13:06

come on...

"What will it take to move the sp" ........Stop people selling!!

[saintb] 05/12/2016 13:04

SBT. Interesting article, particularly the mention of possible future acquisitions. Thanks for that.

Wanderer1210. Like you, I would like to see some diversification arising from any new projects. It makes sense to target China and other industrialised countries to assess what other materials they will need in the coming decade,apart from Copper. My choice would be Tungsten and in Spain there is one of the largest deposits outside China, namely the Barruecopardo Project owned by Ormonde.

Ormonde is a company I have invested in in the past but pulled out because I was not confident in the ability of the management to take the company forward and based on performance, I think I was right to sell up.

As far as I know Tungsten is mined in the same way as copper and due to its location and potential I feel the energy and skill that AL would bring to the project could create a very profitable addition to Atalaya. All in my opinion of course.

[come on] 05/12/2016 12:00

What will it take to move the sp

[waterloo01] 05/12/2016 11:26

Absolutely, and doubly so given it's in Saudi who might well find themselves less in favour with Trump.

Keep any expansion within the known environment where they are establishing a track record.

[charlieeee] 05/12/2016 11:13

Too much effort here is being expended on the next Kefi pump and dump.

Put bluntly, it is a parking lot for the useless ex EMED management, with a sterling track record of failure, all promises and no delivery.

Add that to a poor resource (it is a low grade vein style operation masquerading an open pit and CEY walked away, writing off some $10m.) and a less than savory political background.

Finally, with gold not looking that clever at the moment and mine costs creeping upwards (the only major saving is leasing and that always was a lower cost option, discussed by previous management) why Kefi, when there are much better projects around begging for the exploration dream to be turned into reality by the "man who can" and that "luxury team".

[erric] 05/12/2016 11:11

Perhaps we will have our initial FTSE 350 AGM with the sound of Crushers in the background as someone famously said once. The meal would be simply Gambon and Nougat.

[laurence llewelyn binliner] 05/12/2016 09:26

So the Italians have voted to keep the same unworkable paralysing chaos of a system that they already have, good luck with that.. it always use to be the case that if you keep doing things the same way, you will keep getting the same results..!

Interesting reading on the ATYM coverage too, KEFI are aiming to secure a funding package before year end.., we are not ready for that yet I don't believe, but with AL's drive to build a multi project company, you never know.., a €53M save from Astor is around what they need to get going at KEFI..!

[wanderer1210_0] 05/12/2016 09:24

I can get Lango to deliver it in a taxi, sorry that's another quip for all us LTH's

[wanderer1210_0] 05/12/2016 09:22

I think we may be due a RNS Weds or Thurs, I would expect we have reached nameplate 9.5 mtpa production now, anyone care for some turron?

[wanderer1210_0] 05/12/2016 09:03

CharmerUnless the Middle East and East Africa have slammed into Europe, I'd stay well clear

[the charmer] 05/12/2016 08:52

Guys. Atalaya certainly getting coverage today!!

hxxp://www.cityam.com/254942/atalaya-mining-transforms-original-rio-tinto-mine-tarnished

I wouldn't rule out Kefi as being on their radar? Don't forget they have a foothold in SA as well as Ethiopia...huge potential too.

For us LTH's, we are finally on our way!!!!

Gla!!

[waterloo01] 05/12/2016 08:46

We've known for awhile that AL wants to leverage their experience and skills in expanding. If they can pick the right assets it should be a very interesting ride for shareholders.

No EU collapse today!

[iankn73] 05/12/2016 08:42

I have given up trying to predict these deranged markets. Copper @ $2.67 the market rallying after last night's results in Italy and yet we seem to be the only commodity stock moving in the opposite direction. Wtf....

That's a good point wanderer.

[wanderer1210_0] 05/12/2016 08:41

Good find SBT, is there any mention of what kind of material they want to mine? Rather than being a one trick pony and dependant on Cu prices I'd like to see a little diversification. Copper now $2.67, good start to the week.

[superbobtaylor] 05/12/2016 08:24

"Lavandeira is aiming for the company to acquire another mine, or company with a mine, next year, and another the year after that. In terms of location, Europe is a priority for the group. If the company got to three mines in as many years, Lavandeira says it would then consider a main market listing in London."

[superbobtaylor] 05/12/2016 08:18

AL targeting a new mine next year and one more the year after. I think you have lost your divi bet RP.....

Hxxp://www.cityam.com/254942/atalaya-mining-transforms-original-rio-tinto-mine-tarnished

There is also an article in the times.

[waterloo01] 05/12/2016 07:33

Well coppers up!

[laurence llewelyn binliner] 04/12/2016 20:32

From my understanding, the Italian banking problems will make Greece/Ireland/UK bailouts look like small beer.., the ECB wouldn't be able to cover it on it's own, 17% of their loans have defaulted.. €360BN, it's massive or equal to 20% of their GDP. All are trying to raise funding to shore up their balance sheets right now, but who's going to buy all the new equity or bonds if the look so unstable..?

By GDP, Italy has the 4th largest economy in the Eurozone, (1)Germany (2) UK (3) France (4) Italy (5) Spain..

Any further weakness in the Euro plays into our hands tho', as most of our costs are in Euro's and sell in Dollars..

[waterloo01] 04/12/2016 18:18

Italian banks will have / have issues but ECB will step in (IMO). The bigger risk was the contagion issue, and that has lessened with the Austria vote.

[iankn73] 04/12/2016 18:14

Quite possibly waterloo. Although not so sure as the Italians have the 3rd largest economy in Eurozone.

We will find out soon enough.... :-)