Atalaya Mining Share Discussion Threads

[rougepierre] 12/5/2017 10:11

"World refined copper balance projections indicate a deficit of about 150,000 t for 2017 and 170,000 t for 2018"

hxxp://www.icsg.org/index.php/press-releases/finish/113-forecast-press-release/2252-2017-04-icsg-forecast-press-release

[rougepierre] 12/5/2017 10:07

Copper better and that other prospective copper play, WTI up 17.7% today and 33.3% in the last couple of weeks...

[shortarm] 12/5/2017 09:29

At least it's on the bid lol...But seriously, anyone trying to trade a profit just needs to sell several 5K chunks to try and make us all think it's something else.....Just top up when appropriate :-)

[husbod] 12/5/2017 09:26

Mr 5k has made his appearance again at bang on the bid.

I wonder whether the company is monitoring this/knows the identity of the seller?

Before I e-mail them have you rouge or anyone else, already done so?

[laurence llewelyn binliner] 11/5/2017 19:07

VISH65, Treatment/Refining costs, impurity penalties, and the 2.5% off take discounts combined...

[vish65] 11/5/2017 18:51

Achieved Copper sales price $2.48/lb
Average market price was $2.65/lb

Thoughts on this ? I'm aware of discounts but -6.4% ?

[waterloo01] 11/5/2017 18:02

Welcome on board Mount Teide, good timing one hopes. At least this one is a straight up business!

Should have been close to full namplate capacity for 5 months now. Good experienced management with a keen eye on costs and a sustainable approach to expansion. Not many of these around in the junior mining space with such low debt (mainly Astor at no interest, which I'm sure your research has shown)

I'm hoping that the market cap will get at a great deal closer to it's piers once the numbers are produced and we get more retail and II value buyers.

Then it's down to a 2 x play on copper and getting Touro permissioned and funded.

[laurence llewelyn binliner] 11/5/2017 17:59

New May investor presentation out on the website, but here is the meat on the bones...

Q1 data..:

$1.776 C1 costs net of Silver credits
Achieved Copper sales price $2.48/lb
Average market price was $2.65/lb
Run rate was 9.88MTPA
C1 Margin was $0.704/lb net of Silver credits
Calculated Q1 positive cash flow on 8800 Tonnes of Copper is $13.65M

April production is towards the high end of 2017 34-40KT guidance pro rata so nearer 10,000 Tonnes for Q2 and $15.5M ..

FY2017 projection c$60M EBITDA (pending the Copper price)

What's not to like.., Q1 financials next and we're on the map at last..

[shortarm] 11/5/2017 16:19

At least he's had to sell two lots of 5K today to try and tread water....Another 10K would see him off..

[rougepierre] 11/5/2017 13:21

Solid performance here...

BKY booming...bought back GENL and 88E...better oil and copper outlook...

AIMHO as usual...

[shortarm] 11/5/2017 12:40

At last he sold 5K, still can't get a bid to buy 5K though!Maybe he should sell some more?

[reba] 11/5/2017 12:20

5k idiot there again. whats going on why haven't they widened the spread like they normally do, to stop buyers.

[mount teide] 11/5/2017 11:54

Hi Husbod - don't recall holding NSB.

Started taking an interest in the sector after Copper found a bottom in 2016 following the 5 year bear market triggered by the fall off in Chinese demand.

Like the sector fundamentals over a 5 year outlook - which are shaping up to be characterised by a likely change to gentle/moderate tailwinds after the head-on gales of the previous 5 years.

A friend who has professionally traded the LME for over a decade, knows traders who now conduct 'private' research on Chinese warehouse stocks in an attempt to 'validate' the reported LME statistics to gain a trading edge - since some, rightly or wrongly, following the transfer of LME ownership to the Chinese, take the reported stocks outside the orbit of the UK regulators with a pinch of salt.

AIMHO/DYOR

[husbod] 11/5/2017 10:49

Hi and welcome Mount Teide - trying to wrack my brain to remember where our paths crossed previously. Was it good old NSB Retail by any chance?

Hopefully you have arrived at just the right time - ie about 7 years after me and similar time frames for other posters. You've officially taken over from rouge as the young kid on the block.

[mount teide] 11/5/2017 10:43

Hi Sith - yes, MPL/SPL is a very sorry story - continues to raise the bar for breathtaking management incompetence and lack of accountability - even by AIM's legendary standards!

AIMHO/DYOR

[sithuk] 11/5/2017 10:19

SPL should of course be MPL

[sithuk] 11/5/2017 09:42

Great to see you here MT. I've read your posts on SPL with interest.

[mount teide] 11/5/2017 09:11

Yes, paid 133p - would have taken a few more but they wanted 138p for even a small additional volume.

[reba] 11/5/2017 09:11

Sorry for the repeat. Shortarm also tried to buy at 133 this morning, this is above the current price, but no joy. Blatantly blocking buys.
Different story if you want to sell

[laurence llewelyn binliner] 11/5/2017 09:09

Dear o dear, that just won't do, they will have to put the bid up some then to find some sellers.. :o)

[reba] 11/5/2017 09:07

Mount Teide
You say you bought 10k this morning. Is this in atym.? If so where is it shown, are they holding it back.?

[reba] 11/5/2017 09:07

Mount Teide
You say you bought 10k this morning. Is this in atym.? If so where is it shown, are they holding it back.?

[shortarm] 11/5/2017 09:04

Can't even get an online quite for 500 shares!This is ridiculous!

[mount teide] 11/5/2017 08:58

Finished building a position over the last few weeks with a final 10k this morning - many thanks to Waterloo for bringing it to my attention.