Atalaya Mining Share Discussion Threads

[waterloo01] 12/3/2018 09:08

Racing away this AM.

[superbobtaylor] 12/3/2018 09:08

214.5 paid..... 50k traded already.

SBT

[laurence llewelyn binliner] 11/3/2018 09:09

#dudam99, it will be interesting to see how it plays out.. but my take on it is we do owe Astor the money, that is fair, and we will pay it back on drip, over time, interest free, and that's a result.. :o)

To take the position that the clauses were never triggered so we never need to pay them is at best sharp practice..

IF Astor don't like the idea of waiting 6/7 years to get their EURO 43M they might want to bring payment forward and settle for a smaller number, possibly in shares as we scale up and aim for Touro.., maybe we can get rid of the EURO/DMT royalty fees too..

[laurence llewelyn binliner] 10/3/2018 09:56

FY2017 financials due around month end, or early April which will reveal the Q4 profits at an average $3.09/lb Copper..

Q1-2018 average for Jan/Feb was $3.19/lb

As the March price recovers with the strikes/production outages digging we could see $3.25/lb for the quarter which will give us a good number to base profits on going forward..

$3.50/lb Copper by the Summer and we are minting it just in time to start paying Astor down..!

[superbobtaylor] 09/3/2018 20:51

You have edited your post....

[stockknobjockeyvanbookstino] 09/3/2018 20:28

SBT, yes, as I said, at the sake of repeating myself for those that need it, odd that they had re-posted it today dated 9th March on the web site.

[laurence llewelyn binliner] 09/3/2018 20:24

It's been widely reported that there are around 40 mines / unions in South America that have wage negotiations this year, and the predictions of strikes and Copper outages are starting to bite...Next stop $3.50 Copper.., and we're on the right side of that as it happens... :o)..

[robmcelf2] 09/3/2018 20:00

The Los Pelambres mine in Chile, which is on the brink of a strike, is the 12th largest copper mine in the world with annual output of c400kt copper per annum (more than 10 times the size of our little Rio Tinto mine)!

[superbobtaylor] 09/3/2018 19:55

Erm, that is the last set....

[stockknobjockeyvanbookstino] 09/3/2018 19:46

Odd this has been re-posted on the ATYM website today, date 9th March ?

[robmcelf2] 09/3/2018 19:43

Congo signs into law a new mining code which increases royalties and taxes. Congo is Africa's top copper producer.Good to be in Spain after all the early shenanigans..https://uk.finance.yahoo.com/news/congos-kabila-signs-law-mining-184844813.html

[husbod] 09/3/2018 17:04

Massive 692 purchase in the closing auction knocked us up 2p.Good employment figures in the States and the Dow is back up.Widespread strikes in the Chilean mining industry on the cards.All in all not a bad end to the week and some good rugby to look forward to hopefully.What's not to like as they say these days.

[laurence llewelyn binliner] 09/3/2018 16:14

Next stop $3.50 Copper then... :o).., and the 1st strike of many ...

[mip55] 09/3/2018 16:08

Think this may be the reason Husbod:LIVE FUTURES REPORT 09/03: Comex copper price rebounds after positive US jobs report surpriseComex copper prices rebounded in morning trading on Friday March 8 in the United States after the publication of a jobs report that exceeded expectations.Copper for May settlement on the Comex division of the New York Mercantile Exchange recovered 3.4 cents or 1.1% to trade recently at $3.1130 per lb. Yesterday, the contract slid to the lowest point since February 12. This morning, the US non-farm employment change for February showed 313,000 Americans joined the labor market, above the forecast of 204,000....

[husbod] 09/3/2018 16:05

Interesting although atm Anto are up 18p!

[mip55] 09/3/2018 16:02

From the union website ( via Google translate!)Grupo Antofagasta Minerals faces its first workers strike in its history.According to the information provided by Dino Saltori, treasurer of the mining union Los Pelambres, "after the voting on the last offer of the company ended on Thursday night and after a preliminary count of the votes, around 99% of the votes workers voted in favor of the legal strike, obtaining an absolute majority. However, these results must be ratified by the labor authority. "

[mip55] 09/3/2018 15:54

Unionized workers at Antofagasta's Los Pelambres mine in Chile have voted to strike, rejecting the latest offer for a collective labor agreement from the miner."Around 99% of the voting workers voted in favor of a legal strike," Federacion Minera de Chile treasurer Dino Saltori said in a statement on the organization's website.Just in from Metal Bulletin

[erric] 09/3/2018 14:32

I think it’s more likely to be end of financial year bed and breakfasting to rebalance someone’s CGT position - ie not a market transaction at all.

[laurence llewelyn binliner] 09/3/2018 13:46

Some one is hungry for shares, a couple of nice orders filled.. :o)

[gcpinc] 09/3/2018 12:49

2x 185,275 at 209.00 roll over just shown up.

[wanderer1210_0] 09/3/2018 12:14

Sorry if already posted, but here's a high quality presentation of PRThttps://m.youtube.com/watch?v=pOKceyD3b7o

[husbod] 09/3/2018 11:43

Good thinking dudam - he's obviously concerned that his habitat could be disturbed.Quiet today.

[erric] 09/3/2018 11:01

Well that’s enough of that party-pooper for now, I think.
In my mind, those comments do not assist us in the assessment of 0ur investment, more an environmental sermon, which has its place, but it’s not here guv.