Atalaya Mining Share Discussion Threads

[shortarm] 06/2/2018 13:06

Blood in the water everywhere and the ATYM bid goes up a penny compared to yesterday....All good :-)

[rougepierre] 06/2/2018 12:25

er....VILX up 100% waterloo.....

[superbobtaylor] 06/2/2018 12:11

Big volume today. Looks like someone is prepared to buy large volumes at anything under 185.

SBT

[waterloo01] 06/2/2018 09:26

Yes but not happy with it. Didn't open till after 9AM as they couldn't price it and it doesn;t seem to do what it's supposed to. ie 2.25 x VIX.

VIX closed up 113%. This open up 20% not matching the equivalent in the US on which it's supposed to be based.

[rougepierre] 06/2/2018 09:23

Hi waterloo...yep...hope you're enjoying your profits...!

[waterloo01] 05/2/2018 23:22

long copper, short S&P (for now anyhow).

[stockknobjockeyvanbookstino] 05/2/2018 23:21

Red Herring ?

[laurence llewelyn binliner] 05/2/2018 23:16

#Husbod, the Dow + SnP have had bubble written all over them for a long time now, a melt up before a melt down as it's been described, average trading SP's were 26 times earnings which is nuts..

Are we insulated here..?, the FTSE is 7300, about the same as it was 12 months ago today.

So long as Copper holds up we are making the same amount of profits, and that shouldn't change much.. interesting week/month ahead, with our 6 times earnings share price being much understated/under valued..!

[husbod] 05/2/2018 20:14

Another great day so far for the Dow. US prices still way too high but although we didn't follow them up we'll almost certainly follow them down. Another sea of red tomorrow I suspect.

[waterloo01] 05/2/2018 18:49

O/T Rouge, you still in VILX?

[vanhelsingjr] 05/2/2018 18:17

I know the offer because was made in front of more than 5 junta officers and they talked too much.

[superbobtaylor] 05/2/2018 16:03

Did someone pay to put old van mans post in the "PlusOneCoin Top Posts" area?

SBT

[laurence llewelyn binliner] 05/2/2018 15:25

Our average forecast AISC for the next 12 years is $2.19/lb, and for 2018 it's $2.10, let's see how close the companies predictions are.. I accept that we have form at missing cost guidance so far, but it should start to get more accurate as the plant efficiency becomes more stable/predictable/reliable.. but we did hit the 2017 Tonnage forecast tho'..

There are a few snouts in the trough with Astors marketing fees, Rumbo's EURO 1/4M per quarter commission, but we are still making c$1/lb EBITDA, and that looks like it could go up to $1.25/1.50/1.75/2.00.. how far will it go as we scale up and sell into it..!

[husbod] 05/2/2018 13:31

Not at all Reba - I'm closer to breaking even but not there yet. If the broker target is hit we'll all be happy.

[reba] 05/2/2018 13:02

Thank you Husbod for those few kind words. Just keeping my head down and see what happens. I am down still about 17.15% at the moment lets hope things improve still further.

[husbod] 05/2/2018 12:22

They're not concerned about losing millions on their shares according to the serpent - to be fair to Reba this was always his argument.

[waterloo01] 05/2/2018 12:15

Forked tongue comes to mind. They also bought most of their stake at 9p old money.

[superbobtaylor] 05/2/2018 12:11

VHS,

So in summary

1. Traf wanted a piece of the cake. They got it long ago and are now happy.
2. All business in ES is conducted via nepotism.
3. At these Cu prices there is enough jambon for everyone

SBT

[husbod] 05/2/2018 12:05

Did it waterloo. Even so our friend has an obvious agenda imo and it is not a philanthropic looking after of our interests.IMM is one of my few blueys today which makes a change after an uncomfortably large number of reds.

[waterloo01] 05/2/2018 11:46

I think it came out in the court hearing.

Interesting comments re balance sheets in a correction in that perceived bad balance sheets are getting heavily punished in a rising interest rate environment.

[husbod] 05/2/2018 11:42

So traf made an offer to Emed in Dec 2013 did they? And how do you know that van? Are you by any chance an agent of Traf tasked with the job of deflating the share price with plausible half truths so that your employers can have another go at buying the mine on the cheap? Not sure Liberty will like that.May I refer you to the Ingram v Liddle response from the Private Eye lawyers.

[vanhelsingjr] 05/2/2018 11:21

Trafigura wanted Riotinto, key for its Huelva blending terminal and in december 2012 stopped the pemits almost granted through its excellent relations with Junta, as you may know the person in charge of legal affairs in Matsa is the daughter of the former President of the Junta Mr. Chaves. For Trafigura, it was easy to delay the awaited pemits for one year more, complicating the environmental and operating conditions, making impossible any project finance without resource. In december 2013, Trafigura made an offer to Emed that was rejected but Trafigura formally ratified its interest in front of Junta guaranteeing the finance for the start up. Once Junta had the guarantee of the financing for the project, the permits were approved in march/april 2014 and Trafigura bought a big pack of shares in july 2014, forcing the financing through equity and the fight with MRI. The goal was reached, the control was not complete but good enough for its interest.