Atalaya Mining Share Discussion Threads

[laurence llewelyn binliner] 22/9/2017 14:17

Some more interesting reading on the EV revolution unfolding:

[waterloo01] 22/9/2017 09:26

I have little doubt about coppers long term path and while the strength of the Dollar is driving some of the recent moves, as was pointed out, the key metric for us the the Dollar/Euro/Sterling rate. Strong Dollar is great as all our earnings are in $.

[laurence llewelyn binliner] 22/9/2017 09:01

It's the FY/H1/H2 average that matters more.., a spike is nice to see, but you can bet there's a retrace after..

Q3 average Copper so far is looking like $2.88, cash costs should be back to under $2.00 this quarter, plenty of profit to come as we close in on Q4.. :o)

FY2017 EPS 25p, trailing PE 7, and plenty of headroom for a re-rate to 15 as we demonstrate repeat profits and clear the decks..

[waterloo01] 22/9/2017 08:47

Good to see copper bounce of $2.90 although my prediction of $3.00 this week looks a tad optimistic.

[laurence llewelyn binliner] 21/9/2017 09:07

Yup, the Copper price is only half the story here, it's the Dollar/Euro FX that matters to us.. a weaker EUR is what we need so we can buy lots of them with our stronger dollars..



Q3 closes next week.. :o)

[waterloo01] 21/9/2017 08:52

Dollar related which is a double edged sword.

[laurence llewelyn binliner] 20/9/2017 12:44

350K traded before Lunch, 400K total for the day, someone's hungry..!

[rougepierre] 20/9/2017 10:19

Have a look at AURA...debuted a year ago at 1.14p...spiked to 2.33 after 2 days trading...spiked again to 2.64 in Feb...

Thin market...buys going through above the offer today...

Could surge if the P&Ds get hold of it...

DYOR.....

[rougepierre] 20/9/2017 10:14

'spect it was my tiny buy at 156....not!!.... ;-) :-0

[qs99] 20/9/2017 09:49

looks like seller cleared maybe?

[waterloo01] 20/9/2017 09:45

Yes, but not sure why today?

[iankn73] 20/9/2017 09:43

I'm confused waterloo, correct me if I'm wrong but was it not yourself that seemed to have knowledge of II buying, so would that not answer your question since the share price is still dirt cheap....

[waterloo01] 20/9/2017 09:34

What's set this off then?

[shortarm] 20/9/2017 09:23

And they're off......Two pounds plus this time? Then three and then my personal target - four pounds fifty per share.....

[shakeypremis] 20/9/2017 09:06

Big trades going through today, someone appears to be after a few here.

[laurence llewelyn binliner] 19/9/2017 17:45

Copper green and up to $2.97, $3.00+ this week..?, and another run at 200p..?
195p to beat the last spike.. :o)

It will come for sure, it's just a matter of when, and now we are in production making EUR1.25M a week EBITDA, that day is getting closer.. then onto 300p and something like a sensible PE..

[langerman] 19/9/2017 16:31

Well done Rouge....you will be minted in a few years

[rougepierre] 19/9/2017 16:24

popped in another 1499 at 156...now back up to 70k...

GLA

[stockready] 19/9/2017 12:52

Acamas,

I 100% agree,

we are long long away from production in Touro, and along the way loads of approvals, licences, dilutions, JV, and ways of siding money to Trafigura pockets,

Touro IS A BAD project at this stage we are and we should not go down that route which takes us over the bridge and fall into the hole,

people are not realising the risks involve and its effect on PRT profile,

I totally agree with 4-7 years, but more likely to be 7 years, if PRT keeps going without an issue.

I would not spend a penny of our profit on stupid project like Touro, and instead invest it all back to improve the current production, and modernisation of the current plant. we have over 16 years of proven asset and potentially more, we just started cash flow, and we jump into another risky exploration, WHY?

it will be money down the drain and directly to Trafigura benefit which they just want to capitalise on their portfolio on cheap explorations paid by us and at the end own it cheaply as well, like they did for PRT,

big mistake and everyone should write to protest against Touro development, it can still be stopped if investors make enough noise.

we don't need it now, and to be honest don't think we need such a project in the next 5 years at least,

GLA
IMHO

[scargs] 19/9/2017 09:32

Shortarm

The 2 x 20,000 buys yesterday continues to demonstrate that all these small sells are being quickly mopped up.

These immediate larger buys are encouraging.

[shortarm] 19/9/2017 09:06

Two 20K buys yesterday.....And lots of little dribbling sells....Makes you wonder!?