Atalaya Mining Share Discussion Threads

[laurence llewelyn binliner] 07/10/2016 15:28

We are just getting pulled along with Copper now Froggie, but seem to have recovered a little ground today so far @ $2.17/lb.. I hope it keeps going too..!

[frogkid] 07/10/2016 12:34

Oh dear, what the hell has happened here?I thought the NI 43-101 was supposed to be so great that the share price would sky rocket afterwards. I flipping told you they were holding it back for a reason, one of the reasons I sold out, together with our shareholders and the ASTOR case.

Good luck boys, this is going to take a while and I will still have time to think about dipping in come 2017

La Froig

[husbod] 07/10/2016 12:14

Off to China later to see for myself and will report back in a couple of weeks.

Particularly looking forward to seeing the wall which I gather is being built by the Trump Corporation to keep the Ruskies out. When asked what he thought of it Mr Trump replied "it's a great wall".

And that weird army. Lucky for that Emperor they didn't have TV debates when he was around. Can you imagine it: "you plan on having a few thousand terracotta soldiers made to protect you in the afterlife?" "Yes and what's wrong with that?". The men in white coats would soon have carted him away.

And then there's The Bung in Shanghai. A memorial to corruption throughout the ages apparently.

Anyway, look after our share whilst I'm away and I'll be disappointed if it's not at £1.20 when I get back.

Good day so far for all my mining and oil stocks bar one of course.

Toodlepips

[canaries2] 07/10/2016 10:48

Rougepierre,

Can't not say this, But as I have made decent money with a couple of your tips, I feel that I just want to to relook at your portfolio as I feel that you maybe too heavy into one Aim share, now I don't know your overall portfolio size so it maybe fine in the grand scale of things and you may ignore me but if you just rethink then I will have done my job, you have made references before to being well over 100k invested so you maybe have a pig payday coming. BUT.

This is the AIM where lie's are told and go unpunished most of the time and totally unregulated, so have another look at your portfolio.

Don't take offence, ATYM on the face of it is a good investment for the longer term as long as the truth is being told, but these markets aren't normal at the moment and won't be for a while.

I myself have a decent holding but less than 10% of my portfolio, I only intended to invest a max 5% but broke my own rules with ATYM as I see the potential, but I won't go above 10% due to the fact any company these days can go under.

[rougepierre] 07/10/2016 09:42

bagged 5k at 86.7 on a T-20 for the results...

[rougepierre] 07/10/2016 09:38

50k buy at 92 yesterday afternoon...MMs looking to fill up?

[acamas] 07/10/2016 08:49

Strange share price movement. Since mid September it has made two failed attempts to establish itself in the 90p to 100p band. Normally if it goes for a third try and fails the price slides even further than the previous two attempts. We shall see!

[waterloo01] 06/10/2016 18:54

Just know he's presenting next week, assume London but the timing would work if he has Q3 numbers?

[scargs] 06/10/2016 18:48

waterloo1

When you say "they are back on the road next week" do you mean Alberto is in London next week. If so, do you know the itinerary?

Scargs

[husbod] 06/10/2016 18:22

Don't know about someone accumulating but my 5k seller has made another appearance today.

[waterloo01] 06/10/2016 16:53

I understand they are back on the road next week, hopefully with the Q3 numbers.

[langostino] 06/10/2016 12:47

Copper,copper,copper!. In the short term the only point of holding this share is anticipating a favourable Astor result. Up or down 40% depending on the verdict. Place your bets. Rien ne va plus.

[husbod] 06/10/2016 10:58

Absolutely LLB - today's figures in the Telegraph quoting the extent of world debt (massively higher than ever before)as calculated by the IMF makes for sobering reading.

China is of course is one of the main contributors to that debt but the Europeans can't be far behind.

I see the chief economist of the IMF is Belgian and its top person is of course French so how much credence you give them is up to you. They were of course cheer leaders for the Remainers and Ms Lagarde stated that the effects of us voting to leave an undemocratic, hugely inefficient superstate would be anywhere between bad and very very bad. Is that the same superstate that props up France by any chance?

[laurence llewelyn binliner] 06/10/2016 10:02

It's equally interesting as it is painful to be holding all the way through a commodity cycle Husbod to see the twists and turns that are the drivers on prices, demand and supply..!

These super producers are massive compared to us small producers, Coldeco make 1.5MT off copper compared to our 45KT..! but made a $100M loss, the majors are so over burdened with debt and repayments, Glen too, we have zip debt, and are on or about B/E currently.

Too many people/businesses/countries are addicted to debt, it's a spiral that can get out of control, and in some cases/companies/countries totally unrecoverable, sooner or later it comes home to roost and buries you.!.

[husbod] 06/10/2016 09:36

Thanks for that LLB - good news and following GLEN's example (at last).

[bigbaddaz] 05/10/2016 23:16

Richie, I have been watching the trades closely the past few sessions and it would appear we have a buyer and reported buys of 25,000 @ 92p on a daily basis for the past few sessions.

Today a buy appears from yesterday's session for twice the amount at 92p.

Someone on the inside buying / accumulating maybe ?

It wouldn't surprise me if we see an RNS once the buyer has finished / the order has been completely filled.


......... I expect the next RNS will be an operations update, later this week / next week maybe.

[rich1e] 05/10/2016 19:01

LSE trades page now showing a 50k (£46k) at 92p from yesterday. That's what you call a top up.

[jennis2002] 05/10/2016 18:44

what date is anticipation on next RNS? (3rd quarter update) late October?
topped up yesterday.

[rougepierre] 05/10/2016 17:43

zh...have you read the updated resource report on the website...

C1 costs are projected at $1.60, i.e. at $1.70 or thereabouts we throw off cash when full production is established...

Profit of course at $2.10 or thereabouts but the disparity is because of the capital costs, i.e. depreciation and amortisation...

so as LLB implies...get in now or miss the boat...

AIMHO as usual...

[laurence llewelyn binliner] 05/10/2016 08:52

Your decent entry point is now zhockey, we are open, and scaling up to 45,000 tonnes this year, anything over $2.06 Copper we are making money, and therefore 'economic' as you put it..!

We have so much more to find yet too on the site..

[zhockey] 04/10/2016 22:35

Rougepierre, I've followed this since emed took on Rio tinto. The prob is the results state $2 cash costs from what I can see, and even at 1.6 it's marginal. Emed always needed $3 plus copper to be economic, if this company survives I'd expect a decent entry point in about a year when copper turns up.

[laurence llewelyn binliner] 04/10/2016 22:09

I'm hoping Copper won't get dragged down canaries2 and ATYM with it, not a good day for metals, Copper -1% Gold -3%, Silver -5%, but FTSE +1.3%, GBP/USD -1%..