Atalaya Mining Share Discussion Threads

[waterloo01] 13/9/2017 11:03

Well broken $3.00. Interesting to see where it goes on US open.

[shakeypremis] 13/9/2017 10:23

Could be another chance to pick up ATYM shares at bargain prices soonish (assuming long term copper does hold over $3 or ideally keeps going up).

140p or lower could be on the cards (again!!!).

[stockready] 13/9/2017 10:08

most stupid thing to say

[stockready] 13/9/2017 10:08

looking back and thinking about it eRRRRRic,
don't you seriously think it was the most stupid think to say that we have found a new floor at around £1.80?

funny part is you can't MODERATE me son! can you?

lol

lol

please pack up that circus and read more about your investment before pulling figures from air and mislead many people!

[waterloo01] 13/9/2017 09:45

Sold a few traders but still hold vast majority and will add at some point.

[spcecks] 13/9/2017 09:39

waterloo01 Are you still holding all your Atym shares or did you sell.....still holding mine and looking to add.

[waterloo01] 13/9/2017 09:24

Thought it might test $3.00. Might fall further before being bought into (all IMO but you know that!)

[rougepierre] 13/9/2017 09:03

Its the copper price...falls below $3.00...we cant have our cake and eat it...yet...

AIMHO as usual...

[laurence llewelyn binliner] 12/9/2017 18:31

Sustaining costs for the six-month period amounted to €2.7 million, compared to €nil in the same period in the previous year. Sustaining costs accounted for improvements in the water supply systems, modifications to the processing flowsheet, upgrades at the main incoming substation and development programmes at the tailings storage facilities, flotation circuit and environmental measures.

I would suggest this is partly some of the preparation works for the PRT expansion to 15.0 MTPA, it serves the company well to get these out of the way early, and hit the trade payable debts, which is what they have done..

Q3 profits should be double Q2, and almost wipe out the working capital deficit..

[wanderer1210_0] 12/9/2017 17:55

When the share price never hit £2.10 and then a nothing RNS which did nothing to bolster the SP, it could only go one way. My buying in the £1.20 and £1.30 tranche shares have been sold giving me a average of 46% profit, not to be sniffed at. We've seen copper up in price getting close to $3.20 and our share price climbed too but the dour RNS put pay to any further rise. With copper settled around $3 and may drop further and no more news due for months I feel this could slip back to £1.40, still grossly undervalued but we need to clear our debts and stop deferring cost

[acamas] 12/9/2017 17:50

shakeypremis,

I do not know who it was but one poster made a substantial case for why charts and Mining Stocks do not meld a year or so ago. Their prices surge and slowly drift and maybe repeat themselves

[shakeypremis] 12/9/2017 17:31

I think my worst case could be in to the 130s or even 120s again if it tries to obey that bottom rising trend line that more or less runs parallel to the upper rising trend line forming a rising channel. That level really wouldn't be justified on a fundamental analysis basis but like I said markets are irrational and a drop in the copper price could easily force this back down.

[shakeypremis] 12/9/2017 17:26

Markets are irrational and also manipulated. Be thankful it hasn't fallen further I suppose!

[acamas] 12/9/2017 16:28

shakeypremis,

I made the worst case pivot line support at 141.9p but I do not expect it to drop that low.

I am surprised it is at its current level because as I said earlier it should be above £2 imo

[shakeypremis] 12/9/2017 16:18

Acamas, here's my take on things, it's a messy chart I know, it's hard to tell what trends are being followed so I like to draw them all!

I'm no expert but my chart did predict the recent top and also the bounce last week off the previous high at circa 168p-ish.

hxxps://ibb.co/hyQAOa

Maybe there is support where we currently are or further down at about 150p.

[spcecks] 12/9/2017 16:04

LLB Also looking for another top up for the long term as have a few extra pounds in the kitty.....have not traded any of my holding as rubbbish at trading.

[gcpinc] 12/9/2017 16:03

Acamas

Well we do have a Golden Cross and I think we are right on the support now at 1.65.

[waterloo01] 12/9/2017 15:52

Should be stonking as they loaded a lot of costs into the 2nd Q, much of which is about building/renewing the infrastructure to handle 15mt

[laurence llewelyn binliner] 12/9/2017 15:50

It will soon be top up time again Waterloo01, and another batch of bargains in the net, round 24 for me.., as it all comes together now for the company.., dividends in 2019 after Astor is dealt with in 2018...

[spcecks] 12/9/2017 15:49

Q3 Profit numbers should be good.

[waterloo01] 12/9/2017 15:44

Only the copper one! Just think it's a mix of things:

Traders selling the news
Stale bulls getting out
IC saying sell
High costs in the Quarter has some concerned
copper coming off highs.

[superbobtaylor] 12/9/2017 15:42

Could not care less for charts. Q3 profit number is the next signal I am looking at.

SBT

[acamas] 12/9/2017 15:32

From a Chartist point of view it looks unpredictable. The rise from 125p to 190p in such a short space of time has created a spike. I guess what we are experiencing now is a pause for it to catch its breath. The support line must be there somewhere but right now I cannot locate it. I thought it might bounce off 160p but cannot see why it should.

When it hit 190p I thought 200p+ was nailed on. So I am surprised to witness 3 days of red

I attempted to put a channel on the chart without success. Then I thought perhaps a flag pole exists but no pennant yet. No Head and shoulders yet. What else is there in charting

Anybody out there good at reading charts

[waterloo01] 12/9/2017 14:05

copper looks like it does want to test $3.00. IMO watch it bounce higher if it does!

[spcecks] 12/9/2017 11:40

Not worried at all just some profit taking.... will bounce soon enough as fundamentals still good.