Atalaya Mining Share Discussion Threads

[laurence llewelyn binliner] 05/3/2019 17:50

The company is exploring its strategic options Van, if MATSA want to make an offer to acquire some shares and a controlling interest in Atalaya, I'm pretty sure Trafigura and XGC are not about to roll over and sell up for buttons with their 55,000 Tonnes on the horizon from 2020.. :o) everyone has a price of course.. but where is it..!

[vanhelsingjr] 05/3/2019 17:28

MATSA is asking for a huge mining concession in the Patras area, 9 km north of Riotinto. Makes total sense

[vanhelsingjr] 05/3/2019 17:02

270 is a good price for exclusion bid

[erric] 05/3/2019 16:58

I don’t think so, Husbod,less than 15,000 shares changing hands, unless there’s a large delayed sale waiting in the wings.
It’s not really possible to paint a totally negative picture of Van because sometimes he is ahead of the news so must have either a crystal ball or an inside contact.
I prefer to believe the general consensus that we are worth around 11p old money, which, co-incidentally is about where I first joined this investment malarkey.

[laurence llewelyn binliner] 05/3/2019 16:58

Copper nudging USD 3.00/lb again having turned up from the 2.60's of recent, our share price reversal is about due given the lag between metal prices and our share price..!

Our Q1 production update is only 4/5 weeks away now too, along with ISA reload time again..

[spcecks] 05/3/2019 16:56

Very low volume so I don't think many were spooked.

[mronions] 05/3/2019 16:55

It is very likely that Trafigura / Matsa has made proposals (soft / exploratory) as if anything concrete that would have to be announced.
Bankers would have made the proposal, as they are always looking to try and make deals.
In doing so , obviously Trafigura would try and suggest valuations.
This is just an attempt to influence price now and prove a point.
As we know, management concluded its study and as far as I know will not be changing anything, business as normal.
I don't know how a mast merger would be of interest for some of our other shareholders.

[husbod] 05/3/2019 16:31

Looks like Vans post has spooked some holders.Like I said, a man with an agenda.

[vanhelsingjr] 05/3/2019 10:42

Looking for a 30d VWAP of 225 preparing a delisting bid then a merger with MATSA.

[rougepierre] 05/3/2019 10:08

Looks like a worrying downtrend at the moment, but I believe we will stabilise no lower than 210/215 before making another attempt on resistance around 260...

Most of our previous surges took 2/3 months, but I believe we're gearing up for the next big one that could take us through the 260 barrier in May (after the bottoming out in the next couple of weeks) and then on through 300p by midsummer...

AIMHO as usual...

PS Once Touro gets the getgo, there is no reason not to go for a Full Listing...then watch the shares perform!!!

KAZ was c90p in late November 2015...by late May 2018 it was 1034...

CAML was 125 in January 2016 and 330 in March 2018...

Onwards and upwards...

[husbod] 04/3/2019 14:28

Ps that is not to say of course that Van doesn't have an agenda and therefore tends to put his own slant on his information.

[waterloo01] 04/3/2019 14:28

It all awaits Touro IMO.

[husbod] 04/3/2019 14:26

Estienne - I believe I'm right in saying you have been around quite a while so you will be aware that Van does have a source, granted not quite as well informed as in the Emed days, and his posts often prove to have more than a scintilla of truth in them. As usual, time will tell but I fully expect to be notified in due course, possibly as part of a general update, that the review has been completed and that we are carrying on as previously. Ie no change in the majority shareholders.

[mronions] 04/3/2019 10:06

Some very sensible posts here .
I would add that I have never been able to get reasonable sized quotes for dummy sales for such a long time.
When I worked the markets , and had large buy orders , and could even be close to 100% of buy side volume , I could still work carefully , patience , show small clip sizes , drop my bid, make sure the bid side was not packed ... if you could keep your order size private (ie not have other sales traders call it around) you could sometimes get a great price with low impact .
I would think the buyer(s) here are working carefully .

[estienne] 02/3/2019 14:32

I couldn't get over the gullibility of hanging on to Van's posts as though he had insider information. The guys just speculating like everyone else

[rich1e] 01/3/2019 13:47

Its all a case of making a market, investor psychology and the like. The price goes up and people want to buy, but by all accounts, they were having a bit of trouble doing so, whilst someone was filling their boots. The price goes down and people think they should sell which appears to be somewhat easier, thus the price goes down further. The orders get filled and everyone’s happy. Unless you’re on the sidelines and wake up to a fiver a share. Which if all the predictions of a tenner a share are accurate, is a distinct possibility unless capitalism is dead.

I closed my last post with “Now to wait for vanhelsing to come back telling us the Aussies have pulled out because of serious concerns.” And 3 months down the line he reintroduces himself with “Nobody was finally interested,dd results were negative. The strategic review was a fiasco.”

You can read him/them like a book, took longer than I expected though. Good weekend all.

[pawsche] 01/3/2019 12:29

What a strange little share this is... Copper edging upwards towards $3 / lb... ATYM edging downwards. Very odd.

[husbod] 01/3/2019 10:40

Would that be of interest to RTZ I wonder........

[rougepierre] 01/3/2019 09:17

Kincora Copper owns a massive prospect next to Oyu Tolgui...

[husbod] 28/2/2019 17:17

RTZ very bullish on copper and aluminium but further delays on start of production at their giant Oyu Tolgoi mine in Mongolia- probably now in 2022. Still keeping a watching brief on M&A.All good news for us.

[jwafc] 28/2/2019 08:46

Shows no changes to major shareholders since Oct 18 presentation

[rougepierre] 27/2/2019 22:52

Bull market in copper...better prospect even than gold...?

hxxps://moneyweek.com/502561/how-to-invest-in-copper-bull-market/

And meanwhile the other major play, even bigger than ATYM...

hxxps://www.mining-journal.com/leadership/news/1351654/nick-mather-weve-got-11-more-where-that-came-from

34 BILLION pounds of copper...so far...

GLA

[stockknobjockeyvanbookstino] 27/2/2019 22:31

New presentation

[rougepierre] 27/2/2019 22:24

You're dead right tommy...no valid reason for not moving to a full listing...