Atalaya Mining Share Discussion Threads

[saintb] 13/11/2020 14:14

LLB. Thank you for producing the figures. They are very useful and much appreciated. Onwards and upwards :)

[laurence llewelyn binliner] 13/11/2020 13:22

Q1 spot 2.55/realised 2.58(+0.03)/AISC 2.27/margin 0.31
Q2 spot 2.43/realised 2.51(+0.08)/AISC 2.22/margin 0.29
Q3 spot 2.96/realised 2.72(-0.24)/AISC est 2.15/margin 0.57
Q4 spot c3.10/realised c3.00(-0.10)/AISC est 2.15/margin 0.85

We are setting ourselves up for a cracking Q4 with 15,000 Tonnes for mid guidance and the total payable copper getting ever closer to the produced copper as the Silver credits go up, and as the QPs catch up in Q1-2021 we will be on for a near USD 1/lb EBITDA.. :o)

Exciting times after a decade of work...

[qs99] 13/11/2020 08:27

can we push to £2 before the close of the week?

[laurence llewelyn binliner] 12/11/2020 17:22

#robmcelf2.... very nice, now 735,163 printed and bought at 190p or GBP1.4M, someone is loading up before the results.. :o)

200p next stop, pre-financials...?

[robmcelf2] 12/11/2020 16:49

Over 700k shares bought at full price 190 towards the close today. Bodes well...

[qs99] 12/11/2020 11:38

talk on CAML board about final divi and likely yield.....DYOR but have stocked up on both ATYM/CAML for divi and capital growth as reading more about the copper squeeze, these should benefit

DYOR and any other good copper plays out there please?

Thanks
QS99

[qs99] 12/11/2020 09:51

full offer being paid, lovely job....roll on next week...

[qs99] 11/11/2020 16:00

Good to see CAML reinstate its dividend.....shows confidence in copper prices as well as its own business IMO, so roll on ATYM, fascinated to see where its results will be and outlook.....DYOR

[laurence llewelyn binliner] 11/11/2020 11:26

#robmcelf2... not long to go now, and we get to see the results of the realised price of 2.72/lb against the Q3 spot average of USD2.95/lb price, the QP lag on spot has us very well positioned for Q4, with October spot already at 3.04/lb for Q1-2021..

Q1 AISC 2.27 / realised 2.58 / EBITDA margin 0.31/lb
Q2 AISC 2.22 / realised 2.51 / margin 0.29
Q3 AISC est 2.15 / realised 2.72 / margin 0.57

With a tailwind from the AISC, Q3 profits should be close to double Q2, and I am also very interested to see the impact of Silver spot prices nearly doubling so payable copper should be much closer to produced copper Tonnes.. :o)

1st year running at full tilt coming up and 56,500 Tonnes guided.. :o)

182, 186, 187 and 190p paid this morning so far as the penny starts to drop..

[robmcelf2] 11/11/2020 11:17

And then results next thursday 19th and also awaiting announcement on reserves that was delayed from end of Q3. If copper price is sustained at this level or higher surely we will get re-rated?

[qs99] 09/11/2020 14:25

Hey LLB how are you? Thanks for that thought, not one I had put together, but yes.....at the moment the copper squeeze is on, so it really could go much, much higher......have also loaded up on CAML.....

have a good afternoon

[laurence llewelyn binliner] 09/11/2020 14:23

#QS99 .. the green energy revolution flywheel is gathering momentum now, Biden is reversing the US position on the Paris climate accord and WHO membership for starters, an advocate for EV's, and the charging network infrastructure is only going 1 way from now on, and that is heavy on Copper grid cable consumption..

[qs99] 09/11/2020 14:08

Maybe the worm has turned?

[qs99] 09/11/2020 12:41

Thanks LLB, agreed. Have bought another chunk this morning, copper looks like it is heading one way on price at the moment DYOR etc, but sub £2 looks odd. Roll on the 19th!

[laurence llewelyn binliner] 06/11/2020 15:56

QS99, give it time, pressure is building from the Copper price, financials due 19th, someone or a fund(s) are likely selling to each other currently as we have seen the volume up to 1M from out of nowhere and 2.5M last week, sooner or later we could see a TR1, but just sit, hold and wait for the share price to catch up with Copper..

[qs99] 06/11/2020 15:38

yet ATYM relatively unmoved

[qs99] 06/11/2020 11:05

copper still heading north

[laurence llewelyn binliner] 03/11/2020 17:07

Look at the volume today, over 1M printed at 173.5p around the mid price, difficult to call it either way but they will have been worked through for a while..

The Q3 financials can wait until the 19th but the Copper price is going our way for sure.. :o)

[laurence llewelyn binliner] 03/11/2020 16:31

From the website financial calendar w/c 19th October for the Q3 update, and w/c 16th November for the corresponding financials..

So it looks like the late October comment in the Q3 update was contradictory..

[mip55] 03/11/2020 16:21

From the Q3 Operations update RNS dated 15 October Cash operating costs for the Period are expected to be slightly below the 2020 cost guidance ranges previously provided. Further details on costs will be provided with the Q3 Financial Statements to be reported in late October 2020.

[vish65] 03/11/2020 16:21

The big trades all look like rollovers to me.However copper back up at $3.11.

[saintb] 03/11/2020 16:03

The company may have said financials by the end of October although I must have missed it, but if you look at the Atalaya Website at "Investors-Financial Calendar" it quite clearly says the announcement would be w/c 16th.November.

[robmcelf2] 03/11/2020 15:38

Lots of big trades?

[mip55] 03/11/2020 14:12

Emailed investor relations