Atalaya Mining Share Discussion Threads

[shortarm] 26/10/2017 07:30

And you get more ticks as appreciation for it too.....

[shortarm] 25/10/2017 19:30

Yup, 6 - that makes sense :-)

[cufes2] 25/10/2017 18:18

dudam99

Apologies, I misunderstood your initial post . . . You are correct . . . The offtake agreements were all bundled up with the major fundraising . . . Loans are not the best way for Trafigura to maximise their profit from EMED IMHO . . . If I am 16 then I must have been about 6 when I first started posting on the EMED BBs . . .

[rougepierre] 25/10/2017 16:41

Q3 Financials in 3 weeks and greater volatility is good for traders...

As we get bigger and more liquid the spread will shrink and there will be more opportunities to trade this while it rerates...

Anyhow...fair point SBT, but nothing much hearing here...

GLA

[laurence llewelyn binliner] 25/10/2017 16:32

#SBT, VIX/VILX may not be directly related to us here at ATYM, but if the DOW/SnP/NASDAQ melt up before they crash, which is due, and a lot of people think this is happening currently, we won't get off Scot free, we are well insulated and in the right sector, but it's a very good idea to keep a close eye on things across the Pond..

UK interest rates up next week.., and a stronger GBP to follow ..?

Meanwhile our 1st full month coming up with Copper over $3.00/lb, and another EUR 6M+ EBITDA.. :o)

[superbobtaylor] 25/10/2017 16:23

RP all this VILX stuff is very interesting but not really ATYM is it?

SBT

[rougepierre] 25/10/2017 13:49

Oh dear...so glad he's on filter...yawn...

[superbobtaylor] 25/10/2017 13:34

I don't remember any of your "buy" calls fools gold. I won't be trawling through old posts to try and find them so apologies if I missed them.

SBT

[husbod] 25/10/2017 12:59

But surely you have not unmasked yourself as Mr5k Cufe?

Bit off 200p so far as I recall.

[cufes2] 25/10/2017 12:55

SBT

Sorry to disappoint but I've been trading this for years with many of the calls documented here . . . Only recently I was buying on the rise up to 200p and selling on the underwhelming results . . .

[cufes2] 25/10/2017 12:51

The point in owning more shares is because you have the same control over the business via the board, more off take agreements, the same slice of the pie and more dividends . . . Exactly the same reasons they bought in in the first place . . .

[husbod] 25/10/2017 11:54

With you there LLB - just a question of how big and profitable we have to be before the market catches up.

[laurence llewelyn binliner] 25/10/2017 11:45

#Husbod, as established producers, the majors are trading off forward PE's of around 10, and they are up to their plums in debt.., we will be debt free in 2018, and have a couple more years trading history behind us with a forward project pipeline.. I can't see a reason why we shouldn't trade off the same, £6/7 a share..?

[husbod] 25/10/2017 10:59

What interests me and why I am trying to live to a hundred is seeing that inflection point where either this company will be a big player in the mining sector organically or will be sufficiently attractive to be gobbled up by a cash rich predator. Clearly, the better the Cu and other commodity prices the better it is for us but by the same token the big boys (eg Glen) will be throwing off cash in bucketfuls and will want to do something with it.

waterloo's find re the zinc also puts to bed any thoughts of a dividend in the foreseeable future which means that rouge might just as well hand me over the keys to his Spanish vineyard now.

Assuming no major disasters (and there are plenty of potential candidates) this share still remains imho one of the best available.

[laurence llewelyn binliner] 25/10/2017 08:52

1 - PRT Expansion + 3/4 years out
2 - Touro +4/5 years out
3 - We have now won land rights to a Zinc project .. time frame tbc
4 - AL is a NED on a gold project too, a potential bonus as we have gold in the tailings to JV one day..!

Plenty of time to clear the decks in 2017, pay off Astor out of 2018 profits, pay for the PRT expansion from 2019 profits, move onto the next project in 2020..

A $1+ margin making light work of progress.. :o), only 2 weeks to the Q3 financials..

[erric] 25/10/2017 08:51

A couple of comments are getting close to being unnecessarily rude to fellow posters and I may well moderate them............ because I can.

[cufes2] 25/10/2017 07:28

Shouldn't you be adding real value to the BB by monitoring the trades for 5k sales . . .

[cufes2] 25/10/2017 06:59

If there was dilution Trafigura would simply increase their stake resulting in the same percentage ownership . . . This would be in their interests as it was when they last screwed, sorry, saved EMED . . .