Atalaya Mining Share Discussion Threads

[shortarm] 11/9/2018 08:00

Results anytime please......?

[rougepierre] 10/9/2018 18:29

Will ZIOC hold above 16.66....? If 15.40 doesn't hold, then 13, 11.5, 10...

Now 10% below your rec. on 21 August...

Hope you took your profits mate.

[mip55] 10/9/2018 11:03

Four month anniversary of appeal hearing and still :Current Status: Awaiting result of a reserved judgment

[laurence llewelyn binliner] 10/9/2018 09:32

Copper back to 2.60/lb..., it will turn, but how long will it take for the real world supply/demand deficit to emerge and the smoke and mirrors of the traders to clear..?

With us ramping up in 2019/20, a reliable rising Copper price then would be just right to sell into and for us to maximise returns on investment, I can see it playing out in our favour this way, we will have our appeal judgement to work to and plan around too.., and closer to Touro adding cashflows..

The overall project timing looks great, but H2 2018 is more of a waiting game..

[waterloo01] 08/9/2018 16:36

Thanks adorling. Certainly sets the case out for copper! Also in ARS and CAML but to a lesser extent than ATYM.

[erric] 08/9/2018 15:46

Thanks for posting the link,adorning.

A lot of information both in the main body and also on ATALAYA specifically, if you can spare twenty five minutes to scroll down to it..

[laurence llewelyn binliner] 08/9/2018 10:54

Interesting research and summary there #adorling..

A 316p target gives us +50% headroom.., Copper needs to upturn 1st, which it will, but when..!

Still waiting for our appeal judgement, but Q2 financials next week will be very revealing of what we can achieve at USD 3.00/lb+ Copper..

[adorling] 07/9/2018 19:23

Bought in here today with 7500 shares (2 trades) after reading the Arden research note. Already have a substantial holding in ARS also recommended as best copper investments.

[rougepierre] 07/9/2018 16:11

Meanwhile now up over 30% in SOLG, gc...better long term bet than ZIOC IMHO...

[laurence llewelyn binliner] 07/9/2018 16:06

#RP... I'm thinking the same, there is a correction happening/coming..

Interest rates up
Copper -20% from it's high
FTSE -7% from it's high of 7800
DOW/SnP peaks
QE now tailing off
Trade wars ramping up
Property markets cooling or dropping

Has it already started..?, time to keep your powder dry..? and our H1 financials next week..!

[rougepierre] 07/9/2018 15:22

really...? forecast fall to 49...

hxxps://tradingeconomics.com/commodity/iron-ore/forecast

Tariff wars...China biggest consumer...?

I prefer EVs and 'safe havens'...there's a crash coming...

AIMHO as usual...

[gcpinc] 07/9/2018 13:10

rouge

No worries just a bit of market manipulation and a healthy retrace, rouge, gives you a chance to have a dabble before its too late. I know Iron Ore is not one of your favored commodities but this is a world class asset (68% Fe content) and with pellet prices going through the roof, it is huge, particularly for the Chinese and their Steel Mills.

[rougepierre] 07/9/2018 10:10

ZIOC down?

[rougepierre] 06/9/2018 17:30

I appreciate your suggestion gc, but I stick to my strategy.

Gold, silver, copper (bought HOC, FRES and POLY in the last few days, 168, 863, 630).

Well done and I hope you make a mint.

Cheers

[gcpinc] 06/9/2018 14:39

rouge

Zanaga Iron Ore (ZIOC) up 33% since I last mentioned on the 20th August. You really should have another look, but you will have to be quick this will multi bag and soon !

[rougepierre] 06/9/2018 10:44

SKJVB

WTI wasn't my tip.

I did buy it and eventually with all the negativity on here about it, sold out when it got back to breakeven, in the 0.40s...

I then watched with dismay as it rose eventually to 2.5p, but boy am I glad now...

You make a decision and you live by it. SOLG will do me nicely...

Meanwhile, I'm also glad I still haven't bought back into SXX.....Capital Costs now $4.169 BILLION ( and that's without the Port stage and access...)...no breakeven before 2024 earliest....people better hope there's no market crash between now and then...

Cheers...

[rougepierre] 06/9/2018 10:38

I am in at an average of just over 21...virtually all in my ISA, paid for out of my 50% ATYM sale...

[laurence llewelyn binliner] 06/9/2018 08:48

No RNS for the Q2 financials, could be later in the day, or next week if the no news on a Friday holds true...

Looking forward to seeing what we can crank out with our 1st USD3.00/lb+ Copper quarter, which will give us some earnings data to forecast around..

[stockknobjockeyvanbookstino] 05/9/2018 22:38

How about his tips and purchase of WTI !!!???

No doubt he sold for a profit...... LOL

[shortarm] 05/9/2018 22:08

Nearly at the price you paid? Or need a little more?Solg Mcap is monstrous surely?

[husbod] 05/9/2018 14:59

Wondered when you might mention that rouge.

[rougepierre] 05/9/2018 14:43

Any of you guys seen SOLG today...up 26% at one stage on BHP's new stake...holding 300k...

GLA

[laurence llewelyn binliner] 05/9/2018 13:49

Long term ATYM is a buy/add/hold, but Copper needs to be at least USD3.00/lb for us to make any meaningful progress on cash building, our ability to pay for the plant expansion, and then to be able to pay Astor off..

At 2.60, and 2.47 payable Copper we are just about ticking over against our costs.., and only scratching the surface of where we need to be, and that is making consistent EUR10M a quarter.
Our 1st quarter at 3.00+ Copper for Q2 will be very interesting this week.., but Q3 is looking very average so far.

FY2017 saw an average market Copper of USD 2.80/lb, payable 2.69 and an EUR18M profit.
2018 Q2 average market Copper 3.08/lb, payable 2.94/lb.
2018 YTD has an average market Copper of USD 3.01/lb, payable 2.87/lb.

With our appeal judgement still pending, I can't see much of a case to add just yet..

[shortarm] 05/9/2018 12:24

Most of us don't! Hence patience required, copper is only going one way long term.

[reba] 05/9/2018 11:50

Story of my life. Never got it right