Atalaya Mining Share Discussion Threads

[husbod] 01/6/2020 08:52

What a waste of everyone's time and money.

[qs99] 01/6/2020 07:59

nice update

[laurence llewelyn binliner] 28/5/2020 20:11

#RP, looks like the offer was 125/126p all day long, and plenty bought too... :o)..

[rougepierre] 28/5/2020 16:02

Market bidding 118p for up to 10,000 Will take my entire 45,000 for 115... This is still going up IMHO>>>

[rougepierre] 28/5/2020 08:59

Re yesterday and using Green policies to kickstart recovery...great for copper... hxxps://techcrunch.com/2020/05/27/5g-ai-cybersecurity-and-renewable-energy-set-for-investment-boost-under-eu-coronavirus-recovery-plan/ "On the green deal front, it’s touting: A massive renovation wave of our buildings and infrastructure and a more circular economy, bringing local jobs; Rolling out renewable energy projects, especially wind, solar and kick-starting a clean hydrogen economy in Europe; Cleaner transport and logistics, including the installation of one million charging points for electric vehicles and a boost for rail travel and clean mobility in our cities and regions;"

[rougepierre] 28/5/2020 08:38

Really significant numbers those...maybe we should be reclassified as a silver miner...especially if it hits $50 an ounce again...Soanish doubloons...oh argh...happy days...

[laurence llewelyn binliner] 28/5/2020 08:27

#Sithuk, we will produce around 125M/Lbs of Copper, and 1M Ounces or 62,500Lbs of Silver so it is a very small amount by weight, but at USD15/Oz it will reduce costs, or increase payable Copper by USD15M a year, or USD30M if it were to double to 30/Oz.. Q1 costs were EUR49M and the silver credit offset was c3.75M so Silver accounts for around 7.5% in cash terms and is significant in the payable Copper increase or AISC reduction.. :o)

[sithuk] 27/5/2020 18:02

What's the sensitivity to the AISC if the silver price doubles? How much of a reduction in the effective AISC? I think AISC is currently around $2/lb?

[laurence llewelyn binliner] 27/5/2020 16:24

#RP... yes indeed, the Silver credits we received against impurity penalties increase our payable Copper returns, typically a 4.5% smelter fee, but as Silver goes up this percentage comes down.. :o) Running at 9.5MTPA we made around 650K/Oz of Silver, but now running at 15.0MTPA that is nearer 1M Ounces a year..

[rougepierre] 27/5/2020 14:29

Hi Husbod Forgot to alert you... I reversed the switch in half our HOC at 211p (bought at 122) back into FRES at 781p (sold at 721). Like to keep my risk spread... So still holding HOC, FRES and MAG in silver... Meanwhile the Gold/silver ratio has come down from an all time high of 125p to below 100...its an industrial metal and like copper I believe we have seen the bottom... The latter is obviously good for ATYM as you pointed out last week LLB... Meanwhile Macron is going to provide 8 billion Euros to kickstart the EV industry...and he's going to have to build a whole load of charging infrastructure... This is a key point for me...I believe the public at large will move even more heavily towards EVs...VW is already planning $30 billion of fresh investment...the leading economies will kickstart their recovery through infrastructure investment and I believe they will parallel the public demand for EVs...when the investigation into CVD comes out, urban pollution will be identified as a prime aggravating factor... ATYM doing really well again today...volume already 217k after 190k plus yesterday and 90k plus on the two previous days... Onwards and upwards...

[rougepierre] 26/5/2020 13:44

QED...19 bargains and 93k volume so far...buying at 115 now...

[rougepierre] 26/5/2020 09:18

Somebody keeps selling...another 62k...helps liquidity though..cheers lanty...

[lanty33] 23/5/2020 11:16

RP! give it a rest!

[rougepierre] 22/5/2020 16:09

I don't know how Alberto's done it but we've seen much better liquidity these last three days and a more active two way market... But the dealing spread is still a disgrace!

[rougepierre] 21/5/2020 10:50

Buying price now 115.36...and I'm bid 111.1 for 45,000... Hold tight...

[rougepierre] 21/5/2020 10:13

I'm beginning to wonder if somebody has released shares to improve liquidity...this is very much better...we have a two way market that is only going one way at the moment...bjuy, buy, buy at 110...how long before it breaks upwards... And just as I was typing this the price has moved to 110/114 and I'm bid 110 for 45,000 shares... Hold tight...

[rougepierre] 21/5/2020 08:59

Yes but ATYM is actually producing and making money...

[husbod] 20/5/2020 17:20

Problem is that there are so many other shares out there that look tempting atm

[laurence llewelyn binliner] 20/5/2020 16:22

#RP, also added again, we know the share price typically lags the Copper price, and that is gaining momentum.. :o), a bit above my best buy of 83p in March, but they all count...!

[rougepierre] 20/5/2020 16:09

Bought another 3632 at 110... Market will take 50,000 at 107p... Ready for lift off courtesy the sellers that provided liquidity yesterday... AIMHO as usual...

[husbod] 20/5/2020 14:02

Sound strategy rouge - well done.

[rougepierre] 20/5/2020 12:57

Switched from FRES into HOC to top up our holdings when the latter was 122p exactly a month ago...in at an average of 1.14 up 88%...held GPM for years...in at an average of 25.65...switched from HGM and CEY into Blackrock Gold & General for the long term (let the world's best fund managers look after £40,000 or so...) up 45% so far... Yes there have been better funds than GPM and they have a wide spread, but I like the broad coverage they give me to especially the biggest and best gold/silver miners without the currency risk...however I also bought MAG silver in CAD and that's up 82% so far... I am increasingly confident that copper is about to have its day and so... Have just bought another 10,000 ATYM at 110p...building up gradually...back to 65,000 so far... Keep in touch. Cheers

[husbod] 20/5/2020 11:24

Morning rouge Ot but GPM which I think you mentioned awhile back has gone from 32p to nearly 49p today in just a month . I confess that despite thinking that some of the companies in it's portfolio were somewhat iffy it seemed a good way of spreading the risk on gold so invested accordingly. Still watching FRES on a daily basis.

[rougepierre] 20/5/2020 10:41

Agreed on all points Charliee...good to have you back...