Atalaya Mining Share Discussion Threads

[laurence llewelyn binliner] 20/11/2018 15:37

Not quite sure what's afoot here, but picked up some bargains at 190p.. seems too good to miss, we know the Q3 financials are this week, the mine is running 24/7, and ramp up to 15MTPA will commence Q2-2019..

Are Astor getting lined up to take VWAP shares for their EUR53M..?
It's a possibility I hadn't spent much time on, but a possibility none the less.., and we can fund Touro from cash generated in 19/20/21.. :o)

If the Touro permitting runs into some headway, it won't hurt the share price as none is priced in yet, but hoping we get a few nuggets of news along with the financials..

[rougeprick] 20/11/2018 15:31

I have also bought stock today 191p

[waterloo01] 20/11/2018 15:27

It seems to me the price is being worked down. I suspect that has something to do with a new investor either taking shares from one of the other main holders or issuing new shares but based on VWAP, hence by working the price down, they pay a lot less for a much bigger stake. Makes sense to me anyhow.

[husbod] 20/11/2018 15:25

I'm really glad I topped up a week ago. That was a definite sell signal for the rest of you.

[waterloo01] 20/11/2018 15:23

If the latest salvo from Astor is anything to go by, there is no settlement as yet.

[rougepierre] 20/11/2018 15:12

We know a new investor is interested in buying the stake that is for sale...I wonder if either a placing is coming to pay off Astor or maybe they are being settled in shares...?

AIMHO as usual...

[laurence llewelyn binliner] 20/11/2018 14:50

We know Orion has been drip feeding the market as their position is reduced, but it was still 13.7% last time we were informed, perhaps they are still reducing while they look for their buyer..

Looks overweight to me at 190p.., I'm adding a few.., Q3 financials this week, and we know it will be best part of EUR10M bottom line.. c35M YTD

[rougepierre] 20/11/2018 14:47

Happy days...just bought back 6000 for the wife and 12500 for me at under 191...whod have thought it...!

[mronions] 20/11/2018 14:35

we could have two volume weighted sellers, they are selling 2000 units and 2500 unit . repetitive trades

[waterloo01] 20/11/2018 14:31

Coppers having a good day in a sinking market

[mronions] 20/11/2018 13:50

copper use to explode

[sirmoori] 20/11/2018 13:31

Can't buy at 1p above offer, even a small quantity.

[mronions] 20/11/2018 13:12

Well waterloo , bring on q3 ... there will be no issues (don't expect anything new) : as I said the mine is working 24/h day 365 days week , never stops

expanding and upgrading

[mronions] 20/11/2018 13:05

what happens of Dec 11?

[mronions] 20/11/2018 13:02

my purchase (showed up as sells)

+ 2877 at 192.44
+ 3503 at 192.30
+ 2049 at 192.44
+ 2595 at 192.44

bought 11024

I don't get the move, other than AIM / Brexit. even we have nothing to do with Brexit, other than a shareholder in ATYM may be hurt somewhere else / has margin call and has to sell.

The mine is running just fine. Copper price is good.

[waterloo01] 20/11/2018 13:00

Wonder how many the seller has?

[ruvic] 20/11/2018 11:52

Another 15 trading days to 0

[waterloo01] 20/11/2018 11:49

Ditto but seller still around. Need them to clear and hopefully good 3Q results and an update on other matters.

[mronions] 20/11/2018 11:47

ignoring all the noise , I was there , can't see why this is not 260p+ , so here is hoping +30% on that trade

[mronions] 20/11/2018 11:46

wow ... well I just bought 4 lines at 192.44 .... roughly 10 000 shares , need to check

[waterloo01] 20/11/2018 11:35

I've started buying. 3Q results later this week.

[laurence llewelyn binliner] 20/11/2018 11:26

Getting near top up time again.., Q3 financials this week and some clarification on how we are funding Astor/Touro.. any sniff of equity in the wind at VWAP and here we are sub 200p..

[leopoldalcox] 20/11/2018 11:15

Bloody hell, what's happened here? 260 to 193 in the space of a couple of weeks

[husbod] 20/11/2018 11:10

Blimey placing imminent or just bad news?

[husbod] 20/11/2018 11:09

This is definitely being walked down but I can't quite see why unless they are trying to get a new major holding in on the cheap. But if so where they going to get the millions of shares they need?Alternatively one of the big shareholders is drip feeding shares into the market in the full knowledge of the mms but any of the original big three would be losing money at these levels.It can't just be the general market conditions as the drops are out of proportion to the number of sells.