Atalaya Mining Share Discussion Threads

[sirmoori] 08/5/2021 11:19

FT today.. I've used a gift link so hopefully this will get you past the paywall:https://on.ft.com/33xtJaB

[robmcelf2] 08/5/2021 10:08

So what EBITDA are we expecting next week at Q1 results? I'm thinking around €30-€35m? If that's the case and we could do same again in Q2 we would be able to pay for the whole solar farm project (€50m) + 1st year of Astor debt. Looking forward to share price reacting positively soon. Thanks for all the posts Tommy and others.

[qs99] 08/5/2021 09:28

THanks Tommy really interesting. So with CU heading towards $5 IMO, and should be €27m extra EBITDA for ATYM on those calculations? Making valuation IMO even more compelling. Copper miners still IMO don't seem to be reflecting this seismic shift in CU pricing....RIO, GLEN, JLP. TKO, CAML are my plays, I'm sure there are lots of others I'm missing"! DYOR and good weekends all Cheers QS99

[tommyttrades] 07/5/2021 18:09

So Canaccord had Q1 copper price @ US$3.75/lb (from $3.50/lb) . As a result, upgraded ATYM 2021 EBITDA by 9%. This has also driven an 8% increase in our target price for ATYM to 351p/sh (up from 325p) They also had it that for every 10c increase in copper it equated to an extra €9m to the EBITDA for ATYM...(9.5 x €9m extra above @ current prices) Zero in the target 351p for Masa, ELIX, Touro or the delayed resources upgrade... Masa Valverde will a low capex satellite as only 25km from Rio..total inferred resource of 66Mt at 0.67% Cu, 1.92% Zn, 0.90 % Pb, 34 g/t Ag and 0.63 g/t Au (or 2.57% Cu eq.) divided in several zones. Furthermore, recent drilling suggests strong exploration upside potential exists in the immediate surroundings edit.. .The Next Generation splurge hasn't been signed off yet by the EU, that's over a year since announcement... The Andalucian Junta have sent in all their projects for funding, these had to be in by 30 April, what we do know is Atalaya are in line for funding on projects, as are all four of the larger mining companies operating in Andalucia.... Just my opinion but I'd have thought the ELIX system is going to be on that list, along with the iron battery, which is supposedly a definite..

[emperor500] 07/5/2021 17:30

Hi all, I am new here. Lots of thoughtful commentary on ATYM. I am amazed at the low level of the share price. We are trading at 2x FCF at $4.75 Cu. ATYM is literally printing money at this point in time. At $3.00, they all said it was transitory... At $3.50, they all said it was transitory... At $4.00, they all said it was transitory... At $4.50, they all said it was transitory... Now at $4.75... and onwards and upwards. Unlike all the copper juniors, ATYM is actually making a lot of cash in this environment and I look forward to getting the financials... perhaps the market will finally wake up? Glasenberg was in the FT yesterday complaining that it's going to be very hard to find new copper projects and therefore the only solutions will be riskier jurisdictions like Russia, Africa... Well perhaps ATYM should just be bought out. DYOR

[keisersoze] 07/5/2021 16:26

I can't believe how slow the share price has been to respond to the rise in the copper price. We must be making over $2 per pound profit = ~ $4,500 per ton. 52kt should be generating a profit worthy of a market cap higher than £450m!

[robmcelf2] 07/5/2021 13:53

Only a matter of time before ATYM share price moves up in reaction to copper? Q1 financials due next week and of course the long awaited resources update delayed from end of Q3 2020!!

[waterloo01] 07/5/2021 13:49

Doesn't seem that long ago it went under $2.00.

[mip55] 07/5/2021 13:33

Cu just broached 4.73!

[muckshifter] 07/5/2021 10:54

Does anyone have any details of presentations the company has done recently, preferably with a Q&A at the end? I'm interested, and trying to make sense of the last operations update is difficult without further information. The thing I'm struggling with is the apparent deterioration in the overburden to ore ratio. Without explanation, that doesn't look good, particularly when there was an increase in the use of ore from stockpile, but there may well be a positive reason, ie. they may have been getting well ahead with overburden stripping to allow a big increase in ore mining and processing in the near future because of enhanced processing capabilities.

[estienne] 07/5/2021 09:46

I just bought Metal Tiger tipped by ST in the IC: Metal Tiger’s copper-bottomed investments Sandfire’s quarterly results highlights hidden value in Metal Tiger’s smelter royalties. Drilling to start on Kalahari Metals Project. UK investors have yet to cotton on to the hidden value in the copper assets of Metal Tiger (MTR:23p), an Aim-traded investment company primarily focused on undervalued natural resources opportunities. The latest quarterly report from Sandfire Resources (Aus:SFR), a mining and exploration group that is developing the T3 Copper-Silver and A4 projects in the Kalahari Copper Belt, Botswana was incredibly informative. Metal Tiger holds 6.2m shares in the A$1.2bn market capitalisation Australian Stock Exchange-listed worth A$42.3m (15.2p a share) in addition to a capped US$2m Net Smelter Royalty (NSR) on Sandfire’s T3 Motheo Project, and an uncapped 2 per cent NSR over 8,000km2 of Sandfire’s adjacent licence holdings, which includes the A4 resource area. Sandfire is expected to be awarded its mining licence to progress the US$259m development of T3 in the coming weeks, and has received proposals for debt financing from no fewer than nine participating banks. It’s hardly surprising given that T3 could generate US$1bn of cash profit over its initial 12.5-year mine life using a long-term copper price of US$3.16 per lb (30 per cent below the current spot price of US$4.55 per lb) and at production rate of 3.2m tonnes a year. The surging copper price – Goldman Sachs has a price target of US$15,000 per tonne (US$6.82 per lb) – means that A4 now looks nailed on to be developed, too. A4’s maiden inferred mineral resource of 6.5m tonnes grading 1.5 per cent copper and 24g per tonne silver suggests it could produce 100,000 tonnes of copper (market value of US$1bn) and 4.9m ounces of silver (US$129m).

[robmcelf2] 07/5/2021 03:14

Copper now at all time high!

[qs99] 06/5/2021 15:56

copper going ballistic and yes ATYM is down

[beiber39] 06/5/2021 08:51

Hi Interesting link about expected copper price https://www.cnbc.com/2021/05/06/copper-is-the-new-oil-and-could-hit-20000-per-ton-analysts-say.html? I__source=iosappshare%7Ccom.apple.UIKit.activity.Mail

[robmcelf2] 05/5/2021 14:41

Strange trading pattern today - all sells or mid price and the share price is virtually static. Not sure what that denotes. Hoping for news soon.

[estienne] 05/5/2021 10:19

Sylvania Platinum (SLP)

[waterloo01] 05/5/2021 06:35

roverbill2, Thanks. Also looking at BHP and RIO

[roverbill2] 04/5/2021 20:22

FXPO iron ore producer Excellent dividends

[waterloo01] 04/5/2021 11:46

Apart from ATYM, anyone got any solid dividend paying copper plays. Held decent amount of KAZ, so need a new home. Not looking at prospects (have enough of those) but producers?

[robmcelf2] 01/5/2021 13:46

Let's hope so. Meanwhile this coming week will see the third week since ATYM said they will publish the resources and reserves update 'in the coming weeks'. We then expect week commencing 10th May the Q1 financials to be released. These 2 bits of news should hopefully bring boosts to the share price..

[podgyted] 01/5/2021 11:35

Someone was happy to get out/ reduce at 326p - over 1m shares at 16:35 - 600k in UT and 500k as a "normal" transaction. Reading behind the lines there seems to be a seller holding this back. Perhaps that's the finish? BWDIK

[stockready] 30/4/2021 17:27

Is that ediot Eric still about and throwing his garbage around? Just wondering! After selling at £2.20 i am not sure what he wants from that thread? People should start moving back here which was the original thread. Keep it cool and have a good one

[stockready] 30/4/2021 17:25

Nedludd By end of the year this will be above 4.50 if not more We have seen nothing yet Nothing

[nedludd] 29/4/2021 10:37

Tommy. I assume the copper price is an average for the next few years but this ties in with my belief that as the big mines in Chile, for example, get back on stream then supply will get closer to demand and the price will drop to under $4.00. They are probably building in a safety margin as well. Additionally, I feel hydrogen technology will come to the forefront more in the coming years particularly as I have a notion that a shortage of raw materials such as Lithium, Cobalt etc. will slow the pace of growth in the EV battery sector. Couple this with difficulties in building the charging infrastructure which will have an effect on copper usage and the popularity of EV`s. I am not saying there won`t be a EV market, just that it will not be size everyone is forecasting. Only my opinion of course.

[tommyttrades] 29/4/2021 10:02

https://seekingalpha.com/article/4422158-best-trades-for-green-energy-revolution ATYM not specifically mentioned .....plenty of reasons why copper will be in constant demand. Can't see why some analysts still have copper at $3.50, going out till 2025