Atalaya Mining Share Discussion Threads

[shortarm] 05/9/2018 11:39

Excellent timing Reba :-(

[reba] 04/9/2018 16:08

Topped up with a meagre 300 as I hope this will move up soon.
It's due for a rise

[waterloo01] 04/9/2018 14:41

Copper below $2.60. At this level no upticks would apply anyhow.

[laurence llewelyn binliner] 04/9/2018 13:27

Comex Copper USD 2.60/lb, payable Copper USD2.48/lb

From the Q1 financials, AISC for 2018 is guided at 2.60/2.50, but I expect this carries a good amount of front loaded costs for the plant expansion and a bit of slack for FX slippage, which has since gone our way by 6%..

Half yearly financials this week...?

[stockknobjockeyvanbookstino] 03/9/2018 09:45

Recently issued NI43-101 Technical Report. Drops substantially after 15mt upgrade is completed. Averages 2.22 LOM.

[shortarm] 03/9/2018 09:34

Where did you get those from?

[stockknobjockeyvanbookstino] 03/9/2018 09:11

Projected AISC:


2018 $2,43
2019 $2,27
2020 $2,06
2021 $1,91

[shortarm] 30/8/2018 12:43

215 bid nowStart of the next climb?

[laurence llewelyn binliner] 30/8/2018 09:59

Half yearly report and Q2 financials next week, (07th Sept last year) plant expansion progress update, and hopefully some light on our Astor appeal verdict too..?

The share price is tracking Copper up and down so far, but we are still now a straight Copper play with Astor pending..., and the payment terms of our total liability due will IMO be the stronger share price driver..

We wait and watch..!

[husbod] 29/8/2018 14:43

Re Astor It used to be that civil appellate judges took the summer off so if this still applies to any degree it would explain why we haven't had their decision.

[shortarm] 29/8/2018 13:09

Bid rising ever so slowly....

[rougepierre] 29/8/2018 13:06

We'll see...Astor still to come...

[laurence llewelyn binliner] 28/8/2018 14:02

#RP, have you done it again, and called the bottom at 202.50p to come back in ..? well done..!

[shortarm] 28/8/2018 09:36

211 paid, copper rising....Let's get back to 260 and then a new high?

[husbod] 24/8/2018 10:23

I see Philip Hammond as released a letter produced by the Treasury stating that the price of copper in 2030 will be 700 per cent higher than it would have been if we had not left the EU.Hah but I spotted in the small print that he admits to being a holder of ATYM shares. Not completely bonkers then.

[husbod] 23/8/2018 21:48

Looking at today's trades they're all sells including one of 100k yet the share price hasn't changed. Is someone accumulating in the background again?As a rugby man will a no deal Brexit mean the Les Grenouilles will be booted out of the Six Nations? Serve em right if they are. We'll keep the Italians though and will let the Irish in even if we have to smuggle some of them across the border.

[rougepierre] 22/8/2018 18:34

Oh dear...this is very bearish...

I think I'll hold fire with the second tranche...

[rougepierre] 22/8/2018 17:28

gcpinc...

thanks, but iron ore has no appeal...EV will drive copper prices and ATYM...

cheers

[laurence llewelyn binliner] 21/8/2018 21:18

Tempting is it not SBT.., Copper rebounding from a recent USD2.58/lb low to 2.73 now, and we know historically the share price lags Copper by a few weeks.., or will it reverse again ..?

The court ruling is still outstanding.., it is getting closer to judgement day though...!

[superbobtaylor] 21/8/2018 15:18

Cu price recovering.... getting tempted to buy a few but think I will wait for Astor result.

SBT

[gcpinc] 21/8/2018 12:05

rouge

Zanaga Iron Ore (ZIOC) might be worth having another look !

[rougepierre] 21/8/2018 10:06

Wow! If you're impressed with ATYM's production figures, have a look at RMM's in their 31st July RNS...also two major investors increased their holding to over 10%...

Separately, has Kincora turned a corner...overhang removed...third major investor on board...cashed up for this year...right next to Oyu Tolguei, which is RIO's massive new copper project...sharply up overnight...

Declaring a position in both of these...

DYOR and GLA

[rougepierre] 20/8/2018 11:43

I've been doing some calculations...

On the basis of the Q2 Production Report, Cash Costs and AISC, plus a an average Euro/Dollar rate of 0.82, I estimate:

Q2 EBITDA of 16.2 million Euros (cf Q1 15 million) and PAT of 8 million Euros (Q1 8.8m)

On projected production of 10m tonnes; estimated realised cost of $2.75; projected cash costs of 2.25 and AISC of 2.55 (per company projections of 215/230 and 250/260); E/$ .87

Q3 EBITDA of 9.8 million Euros; PAT of 3.0 million

Of course, copper could rebound sharply, but at present Q2 financials should be better than Q1, but Q3 significantly worse...

Lest hope the Astor judgement comes out before the Q2 figures and not the Q3 figures...

AIMHO as usual....

[rougepierre] 17/8/2018 14:27

oops! yellow card...

[husbod] 16/8/2018 18:37

China sending a trade delegation to the States and I bet a lot is also happening behind the scenes. If something is sorted that allows both countries to claim victory, and that would make a huge amount of sense, then we could see a big bounce in the Cu price.Not sure why the Appeal decision is taking so long unless the judges are all on holiday. It's probably not a priority compared to the case on whether a transgender driver is entitled to drive on the wrong side of the road.