Rouge...Thanks for your reply and I mirror your thoughts.
I hadn't reached a conclusion as to who would approach to purchase, but Sandfire would be an obvious match.
(I also used to think it would be Trafigura).
With the lack of investment in new mines and the beckoning Copper shortage, the approach could come from anywhere?, but it will happen!.
We tick all the boxes for a buyout!.
As long as the price is reasonable,i will be happy and it will cut this rollercoaster ride short.
Can't believe i have endured all these years of the Junta, Harry,Carlos Estevez, court cases, tailings dam breaches and the enviromentalists to end up...at a position, where I can now invest at around the same price!
But that's investing...the journey!!.
Increased my position today & added 8146 shares which showed as a buy?
Usually shows as Unknown!:)
Good luck with your investment and hopefully,we will have something to celebrate in the near future!.;) |
Impressive Quirky...we have c45k and s/o else on here that I know has more than that...
Given that this is an established copper producer on mainland Europe with routes to market plus all the pending improvements and opportunities, I believe an opening bid would have to be a minimum of £6...
I had always thought that the most likely bidder was Trafigura until they sold their MATSA mine to Sandfire, who I would now make favourites.
MATSA was producing 4.4 million tonnes of copper ore a year whereas ATYM is producing almost four times that amount. It was sold for $1.865 billion when the copper price was c$4.50...
So why wouldn't ATYM fetch at least £10 for a successful bid.
Certainly I've massively increased my stake on a significant rerate when we enter FTSE250 and on all the other pending news...
But at the back of my mind I'm expecting a bid approach eventually, so why not now before all that share price enhancing news hits the market...? |
I admire your restraint at only being disappointed,In addition to share price growth I am also looking at potential Divi's. |
Monitored this board for many years, but not a regular poster. I have held shares for over 20 odd years and added when I can.First purchases at around 8 pence in the Harry Adams days, before all the consolidations. Traded regularly on many penny stocks and this one came good. I now look for investment. Comes with age!. Always believed on this one, with the resources in the ground, improved infrastructure and the new management.
I believe there is a Copper storm coming, for all the obvious reasons!.
I will be disappointed, if we get taken out early!!. I do believe that this will be £7 in 2 years & move on to £10 within 5 years. Aimed at Rougpierre or Mr DC, who are like minded, i think?- what is a reasonable takeout price??, in your opinion, at present time? ( or next 6 moths). Over the years, I have built up a reasonable holding and hold over 65000 shares across ISA, Pension and trading account. So have quite a bit of skin in the game!.I would appreciate your input. |
It's a worry look how small investors are getting screwed at CEY. |
SP very quiet despite copper recovering more than 6% in the last week...
I'm wondering if somebody is sniffing around...
I know the only thing Alberto fears is a takeover bid and surely now is the perfect time...
So much news pending and with the Spanish domicile sorted this quarter ATYM could enter the FTSE250 with Tracker Fubds then having to buy stock.
Canaccord have a price target of £5.85 and I am on record as predicting £5 by the end of the year...
So a predator would need to move now IMO... |
Someone big seems to want in. |
based around Chinese demand from what I read, US rate cuts will help, a weak $ will help, but China need to sort themselves out! |
Goldman Sachs reduced their copper price forecast for end of year from $15000 per ton to $10100. Freeport-McMoRan's stock fell 7.6%BHP down 5.7%RIO also down 4.7%Hopefully the likely reduction in US interest rates touted for this month will provide some stimulus |
There seems to be a keen seller at £4 for some reason !
That's the 3rd drop from this level |
$FCX is also down 7% |
Copper's down 3.5% which doesn't help. |
so 8% swing in 24 hours, what is going on?! |
Could be news on a number of fronts or not? |
4% rise, any views why? |
Nice to be back through £4....DYOR |
a bit late?! Good to be in none the less
Also good to see ATYM hopefully about to be back through £4 as copper starts motoring again....DYOR |
Dividend finally cleared today. |
With rate cuts & possible $ weakness however slight, all should help commodities IMO, and with as RP highlights above, lots of very good positives, ATYM should be back over £4 and progressing nicely H2...let's see....may even be a takeover target given shortage of supply...that would be a nice icing! DYOR as ever |
Possibly. AI is being used extensively by the company in their R&D program. There is a lot of info on the Kobold Metals website if you're interested. DYOR. |
Nice rise today! |
Nothing to add to the Results...
ELIX delayed
Domain move pending
Solar panels close to finish
Future producing assets being progressed
Toure in process
Copper price critical...direct correlation...
No water problems
Alberto utterly professional as usual |
Presentation in 5mins |
Solar plant not on line till year end. |
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