Atalaya Mining Share Discussion Threads

[laurence llewelyn binliner] 27/7/2017 19:54

#Acamas, you need to get your best buying shoes on and round up a few Sheckles ahead of the Q2 results...!

[acamas] 27/7/2017 18:28

Why did the "offer" drop 5p in the last 30 minutes of business? I thought the share was rallying! What is going on behind the scene? Last year they published on the Monday of the corresponding week. So it is now Friday or Monday of next week? Have I missed something?

[husbod] 27/7/2017 14:44

Ah rouge - I knew this share would get you in the end!

[rougepierre] 27/7/2017 13:13

OMG...the Report MUST catch this wave...what are Newgate doing to earn their crust for God's sake...?

[rougepierre] 27/7/2017 13:11

I agree with your post 8156 CuFe...

lango...I voted remain...the decision is made (almost 60% of English votes)...let's get on with it...british destructive tendency...bahhh...

[langostino] 27/7/2017 13:04

Any subjective observer of the Brexit debacle will know that it is a madcap idea that will never work and that eventually wiser heads will prevail and put a stop to all the silliness. The BBC and Guardian try much too hard to pretend there are two sides to the argument to appease the 'irreconcilables' when there are simply not. Sleepwalking into a brick wall is a poor choice.

[cufes2] 27/7/2017 11:36

Funny how the reactionary right don't like market forces when it doesn't fit their argument . . .

[husbod] 27/7/2017 11:22

As nothing is happening with the share price atm I feel I must comment on Cuf's post. Momentum wouldn't be happy unless the Red Flag was sung before each news cast and private property (but not public sector pensions) were abolished and the real far right (as opposed to the "reactionary right" who are presumably anyone who disagrees with the soft or hard left) are just as bad. All I want is objectivity by a public broadcaster which must be very difficult when your main recruiting organ is the Grauniad.

Anyway I was delighted to see that a BBC newscaster is paid £600k pa - worth every penny particularly as he is male. I wonder how much the lovely Lumley is paid to entertain us - at least £1m I hope.

[cufes2] 27/7/2017 10:58

And Momentum argue the BBC are biased too . . . so they must be doing something right if the reactionary right and left are both up in arms . . . the BBC is the finest broadcasting institution in the world IMHO . . . in all of this political bias nonsense the quality of the programming across all of the BBC platforms is forgotten . . .

[mount teide] 27/7/2017 10:50

Waterloo - no, added materially to positions in CAML, ATYM and ARS during the last few weeks - like the fundamentals of the sector over a three year outlook.

[husbod] 27/7/2017 10:49

Edit - 300 plus waterloo it would seem.

In the meantime yesterday's promising volume has failed to follow through (as usual).

[waterloo01] 27/7/2017 10:38

I like the Guardian (sold a business to them sometime back) but their understanding of finance is rather limited, as is their coverage.

MT, wasn't sure if you had checked out here after the fall?

[mount teide] 27/7/2017 10:30

2.028 described as 2.02? A fact checker job at the Guardian beckons!

Last week the hugely embittered anti Brexit Guardian was mercilessly exposed for rounding up 0.1% by a factor of 100 fold to 10% in a ludicrously biased report critical of Brexit.

40.1% was cheerfully described with barely contained glee as "nearly 50%" - enough to make a man with the morals and ethics of Goebbels blush!

[laurence llewelyn binliner] 27/7/2017 10:28

Some of the copper price uplift will of course be offset by the Dollar/Euro rate, but there is the not insignificant fact that plant efficiency improvements lifting our Q1 figure of 8800 Tonnes to Q2 c10,000 Tonnes (+13.5%) will impact the costs/pound..

Smelter fees have come down -10% to around $80/Tonne of concentrate, and the impurity penalties will reduce with plant efficiency too..

An overall increase in margin Van.., you've been stuck in that cave too long sniffing Guano, it's affected your positive outlook.. :o)

[jwafc] 27/7/2017 10:24

Copper analysis - make of it what you will...

[superbobtaylor] 27/7/2017 09:51

vanhelsingjr,

As you point out we have seen a 4% improvement in margin if we assume the plant is running to Q1 parameters.

There are a couple of points that might improve the numbers even further:

1. Have they managed to bring down the base C1 costs between Q1 and now? We are all hoping that they have.

2. Not ALL costs to the company are in €. I can't remember what the €/$ split is.

We will get some answers on Monday.......

SBT

[erric] 27/7/2017 09:36

Don't you just love it when someone arrives at your party and spills red wine on the carpet.

[vanhelsingjr] 27/7/2017 09:31

Q1 costs all in 2,15; euro rate 1,06; euro cost 2,02; sales price declared 2,60; margin 0,48.
Today Cu price 2,86; today euro rate 1,17; euro cost same; cost all in 2,36; margin 0,5.
Cu price improvement effect is reduced by US$ weakness.
It is difficult to understand why the operating results are delayed, Riotinto did on 07/18, and ATYM operates only a mine and you must know the results during the first week of the month otherwise you have a serious problem.
They are arguing technical problems, what kind?

[shakeypremis] 27/7/2017 09:12

It would seem that he might be.

[rougepierre] 27/7/2017 09:05

haha! well done...

surely Alberto won't miss the chance to catch the wave...?

[husbod] 27/7/2017 08:47

16.29 tomorrow rouge.

[rougepierre] 27/7/2017 08:31

WOT NO RNS?

[waterloo01] 27/7/2017 07:09

Not looking like today!

[mpclag] 27/7/2017 06:53

Have reviewed my portfolio and am very happy topping up here.