Atalaya Mining Share Discussion Threads

[husbod] 03/2/2017 15:50

The RNS has spooked the market who are obviously not as well informed as us about the fact of the hearing.

I must confess I didn't expect them to RNS the fact of the hearing, only the actual outcome so this is a rare case of the company issuing an announcement that they probably didn't have to.

Adding to the French flavour of the bb - c'est la vie!

However, if you have confidence in the judge arriving at a favourable decision now might be a good time to top up as a contrary decision may now more or less be built into the share price

[spcecks] 03/2/2017 15:47

Waterloo01 I thought what you posted was an impartial view and sounds good for shareholders.

[waterloo01] 03/2/2017 15:42

1.42. I better stop posting!

[poleaxe] 03/2/2017 15:36

Reba sell half your holding and buy back at 120

[shortarm] 03/2/2017 15:32

Dribble selling spoiling the weekend....

[shortarm] 03/2/2017 15:13

Waterloo, good man.

[waterloo01] 03/2/2017 15:11

Happy to share on the hope others also continue to do so. It's one of the main reasons to participate on the BB. There were a few other details that came out re Orion/Traf and some more of the detail on the agreement with Astor, and hence the comment that dividends not being able to be paid until Astor starts getting paid or agrees. Ditto 'excess cash' (If I heard correctly).

Not being privi to the lawyers papers I could only glean what was said and it was also very difficult to hear, so missed quite a lot.

Not Mr O but note he attended the 1st day and posted about it on lse.

I've been very aware that as the only PI in attendance it gave me rather too much 'power'. Luckily for the BB, I'm a pretty straight up chap so have tried to reflect what I actually heard, but it did occur to me that I could have posted all the negatives and maybe picked up some cheap stock, but it would leave a bitter taste and there's enough of that around already.

[rougepierre] 03/2/2017 14:52

Hi waterloo

Sorry not to have thanked you before...been otherwise engaged.

Your summary and general comments around this matter have been substantial, extraordinarily helpful and well-informed.

Thank you

I've also read the comments by others which, with one exception have helped to create a very useful and positive debate.

As someone else said on here...que sera sera...but my wee purchase the other day shows my interpretation.

BTW you're not Mr O are you?

Very best wishes

[jc1465] 03/2/2017 14:39

I'm Spartacus!!

[husbod] 03/2/2017 14:21

Just seems to have been a steady trickle of sells over the last couple of weeks and very few buys. We should have greater clarity in four weeks with the Astor result and the financials behind us.

[reba] 03/2/2017 13:28

Fill your boots offer now 152p, something happening.?

[cufes2] 03/2/2017 11:59

I doubt even you got over 15 per cent of the company with access to tens of millions in dividends . . . But you could have been trading your shares and be a realist and smart investor . . . Or you could spend your days on here whining about MMS . . . IMHO of course . . .

[shortarm] 03/2/2017 11:53

I also got a shed load of cheap shares?I could of course have sold them at 60P and hence be talking the company down all the time......

[cufes2] 03/2/2017 11:42

They have their own interests at heart hence they forced the companies hand in the financing and off take agreements . . . Once again the increase in shareholder value over the last two years is pretty much zero, whilst the major shareholders got a shed load of cheap shares and three of them carved up the resource between them . . .

[husbod] 03/2/2017 11:29

Sorry CuFe but Traf are major shareholders ergo we have a shared interest in the share price going up unless you think this titan of capitalism has a cunning plan to lose money. Even if it had I am not sure the other three large shareholders would agree to it, particularly Liberty.

[waterloo01] 03/2/2017 11:24

Once Astor is settled we can raise cash however we want (should it be needed for buying ANO mine). As mentioned in an earlier post, and an important point, dividends can then be put into play.

[saintb] 03/2/2017 11:06

Waterloo. Thank you for attending and for your summary. Looking forward to reading the Judges summary.

[husbod] 03/2/2017 10:37

I would have thought that any expansion of PRT is something that any half competent mine manager can now deal with. Alberto, from what we know of him, probably needs a greater challenge to keep him occupied and, more importantly, with us.

A rights issue would not be dilutative, assuming you take up your rights, but a placement would be. It would seem however that three out of our four big shareholders could only participate to the extent that it maintains their existing percentage holding. And I would suggest that the Big Four probably have greater insight than any of us about whether any acquisition is in their and our interests.

Any additional Institutional involvement would also be welcome judging by comments on this board in recent years.

[shortarm] 03/2/2017 10:31

Wrong, I am Lucky Punter..Actually I'm Spartacus!

[cufes2] 03/2/2017 10:24

So there could be a rights issue to hand over more value and control to institutions to fund a drain on management time and resources when they are trying to increase production here and having to get extended credit terms from their suppliers . . . That sounds like a great idea . . .

[cufes2] 03/2/2017 10:18

You're right shortarm . . . I do know you . . . You're lucky punter's little sidekick . . .

[acamas] 03/2/2017 08:52

waterloo01,

Que Sera

[waterloo01] 03/2/2017 08:45

Could be a number of weeks IMO. It's not just the decision, it's all the reasoning and case law (much of which was raised in the area) and the written judgement will no doubt be lengthy. I can summarise my own perceptions in a few lines, the judge will be rather fuller in his explanations.

[acamas] 03/2/2017 08:40

waterloo01,

I doubt if the judge will keep us waiting to long for the verdict. Your feedback seemed easy enough to weigh up and that is what the judge has to do. It benefits no one to linger this outcome and lets hope the judge has a ski trip or holiday cruise imminent putting some pressure on him to empty his in tray