Atalaya Mining Share Discussion Threads

[laurence llewelyn binliner] 24/8/2017 16:11

Copper just took off again, $3.05/lb... :o)

[laurence llewelyn binliner] 24/8/2017 15:45

Good find 3rd eye..., so it looks like we do have some new small/medium II investors, who have been mopping up shares in the background on the open market which supports your research #waterloo01, let's hope they want some more, and why wouldn't you..? .. :o)

[3rd eye] 24/8/2017 15:32

ATYM ......Shareholders

Name Equities
%
Farringford NV 25,684,344 22.0%
Yanggu Xiangguang Copper Co., Ltd. 25,588,527 21.9%
Orion Mine Finance Group 16,986,609 14.6%
Liberty Mutual Insurance Co. (Investment Portfolio) 16,315,789 14.0%
Majedie Asset Management Ltd. 6,466,213 5.54%
BlackRock Investment Management (UK) Ltd. 484,020 0.41%
Hui Liu 444,966 0.38%
Bankinter Gestión de Activos SA SGIIC 214,271 0.18%
Alberto Lavandeira 160,000 0.14%
Deka Investment GmbH 56,641 0.049%

[waterloo01] 24/8/2017 14:55

Good to see copper hold above $3.00 and the share price hold £1.60. As I said earlier there are II's buying in the background but expect next 'wave' up will be with the results in a couple of weeks, unless copper moves

[shortarm] 24/8/2017 14:52

Where the volume today?They're still bidding for 30k so the demand is there....

[shortarm] 24/8/2017 11:06

Or, they could just put it up a miserly one penny on the bid and hope people get bored?

[laurence llewelyn binliner] 24/8/2017 10:40

A small 21% free float has to be advantageous to us as the buyers turn up doesn't it..?, 1 price driver is supply and demand et al.. :o)

[shortarm] 24/8/2017 10:35

Put it up some more and someone might let go of some shares.....

[shortarm] 24/8/2017 10:35

Now they're playing ball :-)

[shakeypremis] 24/8/2017 10:31

No trades since 8:47am?

[the charmer] 24/8/2017 10:21

Waterlo01.Ok thanks. Just idle speculation then. Gl!

[waterloo01] 24/8/2017 10:12

That's a level of detail that's well above my pay grade although unlikely as there isn't that much fee float, but you never know, someone might put their heads over the parapet.

[the charmer] 24/8/2017 10:07

Waterloo1.Any chance of these funds going over the 3%?Gl.

[waterloo01] 24/8/2017 09:28

Informed speculation. I'll leave it at that.

[shakeypremis] 24/8/2017 09:00

Waterloo1, where did you come by that information if you don't mind me asking?

Cheers

[shakeypremis] 24/8/2017 08:59

Bewise2, I want to know what you're smoking because it sounds amazing. The world economy is not improving, it's getting worse and will continue to do so. Debt is at astronomic proportions. It's one of my only concerns here. Will the copper price be supported when the next recession comes???

[waterloo01] 24/8/2017 08:54

I understand a number of funds of different sizes have been buying and are still in the market. About time but suspect most will be under 3%.

[shortarm] 24/8/2017 08:52

So you can sell 10K at 160.75 - who are they trying to kid with the red :-)

[bewise2] 24/8/2017 08:40

With China belt and road copper guzzling plan, the rise of the electric car,World economy improving and the lack of new copper mines coming on line we are on to a winner with ATYM. Copper prices will surely march past $4...

[bewise2] 24/8/2017 08:33

Finally movement in the sp, a share price of 10p old money is not unrealistic in the future if the copper price moves pazt $3. The company will have the cash to pay off Astor...

[laurence llewelyn binliner] 24/8/2017 07:59

#shakey, we're listed on the LSE, traded in GBP, and the MCap is share price times number of shares in issue, so in this respect we are independent of the Euro for a value..

But, our EUR profitability is driven by the EUR/USD FX rate, and profitability directly drives the companies share price through the trading buying/selling volumes, so it's a bit of both..!

Hoping for another good day here, Copper $3.02/Silver $17+.. :o)

[shakeypremis] 23/8/2017 19:46

LLB, I know that most costs are in Euro's. It's just this company's share price is valued in GBP. It has to be given a GBP value based upon the profits it generates, and those profits are in Euros. They must be translated to GBP to come up with a number. Does this not have a material on effect on the share price in GBP?

[superbobtaylor] 23/8/2017 19:17

Divi's would be in eur as well!

[laurence llewelyn binliner] 23/8/2017 18:55

#shakey, pretty much all our costs are in Euros, and profits are quoted in Euros too, a lot of how the USD/EUR profitability will depend on the companies hedging positions, and we will find out what we have, if any in the H1 financials in 2 weeks time.., I think we will see the thick end of 10M EUR profits tho' for Q2...