Atalaya Mining Share Discussion Threads

[ruvic] 12/10/2018 10:05

I will be quite happy with a sale providing it's above 260p

[ruvic] 12/10/2018 10:03

@rogash different interests, different purchase prices and the only potential buyers from the lot that I see is Trafigura and MrOnions

[mronions] 12/10/2018 09:59

Also Spain needs a listed miner . Will be a vehicle to grow / expand and become a major in Europe and ultimately beyond.

[mronions] 12/10/2018 09:56

DO NOT SELL . This way too low . Wrong time to sell the company. We have a bright future ahead , selling up is wrong .

[rogash] 12/10/2018 09:56

ruvic, couldn't the above buy the company at any price they want?

[ruvic] 12/10/2018 09:51

Trafigura/Orion.Liberty metals,Yanggu Xiangguang Copper and MrOnions

[arcadian] 12/10/2018 09:46

Who are the big shareholders?

[shortarm] 12/10/2018 09:23

Orion paid 14p if I rememberThat's four pounds twenty in new money - how much will they want?Four pounds fifty would give them a tiny profit....Surely the Chinese will want more too.......?

[brockwl2] 12/10/2018 09:15

I'd guess the initial offer would be in the region of 320p to 350p, and could go higher if others interested.
I might be prepared to take 350p, given the way the markets are playing currently.
Plenty of other good Copper miners to plough the profit back into.
I can't see offers of £3 being good enough, to the key players.
Anyway I doubt it will matter what I think, it's all about what the other 3 big shareholders are prepared to accept.

Highly likely this will all be done behind closed doors, and we just have to accept the outcome.

Managed to pick up another small tranche, with the little cash I had sitting on the side lines this morning at 238p.

Lee

[shortarm] 12/10/2018 09:10

A minute after the bell - sale of 12,500Oops!

[laurence llewelyn binliner] 12/10/2018 09:06

For sure #Shortarm, but the timing.. it could be seen as an opportune time as the company might be perceived as in a position of weakness needing to raise and deal with the Astor settlement pending and getting in ahead of it..

It's not hurting the share price much tho'...!

[shortarm] 12/10/2018 08:53

It's about the fact that copper will be much more expensive in a few years!!!

[laurence llewelyn binliner] 12/10/2018 08:51

Well, well.... that's an interesting turn of events.., wonder if it's got anything to do with settling with Astor to get them paid off, and give a new buyer a clear run into 15.0MTPA...?

[come on] 12/10/2018 08:29

If you take into account future copper price, touro and copper around Rio tinto then at least £5

[waterloo01] 12/10/2018 08:29

Wonder if it's Orion who want out?

[qs99] 12/10/2018 08:28

Either way, looks strong and heading towards that £3 level IMO...DYOR etc, where do posters see the final "offer" price?

[husbod] 12/10/2018 08:23

Can't believe this and agree entirely with your comments rob.If there is a possible sale it's entirely logical that it could be being triggered by one of the big shareholders becoming frustrated by the constraints of the share structure and saying that it wants to buy the others out.As others have commented the prime suspect in that scenario would be our old friend Traf.We can but see how it pans out.

[shortarm] 12/10/2018 08:05

Three pounds fifty.......?Anyone?

[come on] 12/10/2018 07:45

Hopefully, so we may never see dividends

[sithuk] 12/10/2018 07:03

I wonder what the bidder has offered. Company running up a flag to shake out other interested parties?

[brockwl2] 12/10/2018 06:18

Company has responded saying it is undertaking review to consider strategic options.
Which suggests there is something to the story.

Someone must be sniffing around.

Lee

[come on] 12/10/2018 06:10

Besides now we are a producer in s safe country with lots of potential with touro and areas surrounding Rio tinto, so price should be well north of here