Atalaya Mining Share Discussion Threads

[mip55] 16/11/2017 07:48

Everyone having a lie in? Lol. Q3 financials out! Anyone shed light on the penalties mentioned?

[sirmoori] 15/11/2017 16:53

LLB - I was thinking exactly the same thing. Classic pennant.

[laurence llewelyn binliner] 15/11/2017 11:26

#Chartists... the Pennant forming from September looks textbook to me, ready to pop soon, and very timely with Q3 financials imminent ..?

[rougepierre] 15/11/2017 10:46

Chinese economic data...

Soon the Chinese economy will be the biggest in the world and...when China sneezes...the world catches a cold...to coin a revised saying...

[waterloo01] 14/11/2017 19:58

Copper seems to be following oil down. Odd as the dynamics are so different.

[shortarm] 14/11/2017 13:16

Bit of a harsh knock down...

[waterloo01] 13/11/2017 19:03

Copper back on the up, background buying and numbers hopefully later in the week and a quiet board. Solid.

[erric] 13/11/2017 18:01

Damn that predictive text CuFe !
I’m sure you are not suggesting our major shareholders are principled.

[husbod] 13/11/2017 15:17

Must be a buyer in the background methinks but as they say; wtfdik.

[shortarm] 13/11/2017 15:09

Still creeping up on apparent sells.....

[shakeypremis] 13/11/2017 14:30

Copper up very nicely today.

[shortarm] 13/11/2017 13:18

Creeping up when all trades are reported as sells.....?

[cufes2] 13/11/2017 11:19

The principle investors selling shares would not be a good signal to the market IMHO . . .

[wanderer1210_0] 13/11/2017 11:16

https://simplywall.st/news/2017/11/07/whats-installed-for-atalaya-mining-plc-aimatym/

[erric] 13/11/2017 11:07

Couldn’t you afford a new grave RP.

[rougepierre] 13/11/2017 10:18

I'm in no doubt that, at the right (higher) price, some of the owners will release shares to the market to maintain liquidity...

After all...I did.... ;-)

Sweltering dahn de Algrave....

[erric] 13/11/2017 09:21

To misquote Bill Clinton, “ it’s all about the dividends, stupid”. No offence intended.

The high percentage of shares held by our core investors will not matter if they choose to authorise a strong dividend policy in order to further subsidise their purchase price of copper Off-takes.
That in turn should lead to a re-rating of the share price in 2018 / 2019 unless interest rates have risen substantially and investors are no longer looking at equity investment to generate income.

I have never believed that we are a prime candidate for take-over but I do believe in a rising share price based on future dividend streams.

[laurence llewelyn binliner] 13/11/2017 09:02

79% II held #Diablo, with 21% PI held.. but we don't need any more II investors to bring the new projects online, we have all the backers we are going to need..

We should be able to fund the PRT expansion from 19/20 profits, after dealing with Astor in 2018, Touro funding is going to depend on timings, but if that project is 5 years out, we could fund that too without any new equity.., any shortfalls could be made up with cash for off-takes if needed..

A tighter held stock could work in our favour as new investors want to get in and drive the share price up, as our results / plans get bigger and better going forward, Q3 numbers next week..!

[diablo26261] 13/11/2017 08:34

With circa 75% of the shares in the hands of the principal investors this is always going to limit the upside on our shares as they have a strong grip on the company.

Would need a greater free float available to tempt institutional investors to get involved at any reasonable level.

Still believe that the shares are undervalued but you cannot compare PE's to companies where there is a broader shareholder base.

[waterloo01] 13/11/2017 07:42

Maybe they are keeping some of this back for the PRT expansion justification?

[stockknobjockeyvanbookstino] 12/11/2017 22:27

2015 reference from EMED:

"Gravimetric anomaly north of Rio Tinto, in an area with low density rocks, suggests the presence of deeper sulphide deposit,with similar size to the original RioTinto deposit
• Position of anomaly coincident with faults that limit the east extension of the RioTinto deposit
• Anomaly to be tested with EM geophysics before drilling"

If they could discover a deposit of the original size to Rio Tinto.........

[shortarm] 10/11/2017 13:41

It's starting......

[shortarm] 10/11/2017 12:04

Some big buys recently so looks like they'll be good!