Atalaya Mining Share Discussion Threads

[glavey] 28/11/2020 04:06

"Cu at $3.374/lb I can't remember when it was that high"

Between 2006 and 2013 (save for 2009). :-)

[erric] 27/11/2020 17:47

Those of you who are observant will have noticed that I only recently added the long term chart to the header, partly because I was amused that it bears a vague resemblance to India and South-East Asia but mainly because I thought some of us might appreciate a reminder of where the share price has been in the past few years.
I honestly didn’t expect the chart to catch up this quick.
It’s flown straight past Bangladesh and is heading up towards Burma 🤪

[robmcelf2] 27/11/2020 17:04

Now would be a good time for ATYM to release latest reserves update which was delayed from end of Q3 - anyone know when that is due? Would help to support a bit more upward momentum over the next few weeks hopefully..

[estienne] 27/11/2020 16:47

Cu at $3.374/lb I can't remember when it was that high

[nedludd] 27/11/2020 15:15

Fair play to RP. He said it would be £2 by Christmas. At least we get some "Jambon and Nougat" this year.

[qs99] 27/11/2020 12:50

soz, my bad!

[vish65] 27/11/2020 12:11

You beat me to it Erric

QS , give it a rest ,this is a quality thread where you can learn alot. A ball by ball commentary isn 't required. Cheers

[erric] 27/11/2020 12:08

QS, I know these are exciting times but I’m not sure we are so used to minute by minute commentary on this BB.
Could you please lower the output just a little.
Thanks.

[qs99] 27/11/2020 12:02

650k gone through

[qs99] 27/11/2020 10:14

Not really "popped" yet, I would have expected it to. DYOR

[qs99] 27/11/2020 09:18

Hurrah, through £2 finally.....and copper through 3.4 and rising....GLA

[qs99] 27/11/2020 08:02

fingers xd

copper ending the week strongly

bodes well for more next week and hopefully with the sale, ATYM/CAML can continue their progress

Cheers
QS99

[laurence llewelyn binliner] 26/11/2020 16:28

2M at 200p explains why we have not seen much progress today as that was being filled..? most likely the other side of Orions trade, or some of it, November volume is around 11M so far, and both sides of Orions 5M reduction would see 10M printed, we could see another TR1 in the morning or Monday too for the new holder.. :o)

[qs99] 26/11/2020 16:17

Massive punt, but have bought a few quid in PERE

DYOR

[qs99] 26/11/2020 16:16

2m trade just gone through

[qs99] 26/11/2020 15:50

don't agree Gekks.....with the $s this should be making as copper heads higher, they can store up their cash then negotiate a deal with Astor then boom, yield thanks v. much

in the meantime looks like a nice 15k buy gone through.....DYOR

[waterloo01] 26/11/2020 15:17

What are you talking about. We now have a market cap of £275m and throwing off cash which is being reinvested back into Rio Tinto to make it even more profitable, and all funded by an interest free load of $50m from Astor.

When Astor want to negotiate or they have no more to spend improving Rio Tinto, or they need to raise serious expansion cash, then it will be paid

[gekks] 26/11/2020 15:14

We will never get anywhere with this astor liability as they will keep investing profits to avoid paying them so no return for investors - whats the point with no yield ? Been here 11 years - what a dissapointment

[mip55] 26/11/2020 14:45

All this excess cash we are generating presumably is accumulating in an account since it cannot be distributed to shareholders and we are still not paying Astor. Yes?

[husbod] 26/11/2020 10:51

Good news, unless you also happen to own shares in the original owner of our mine in that I see RTZ are having problems with the development of their massive new Oyu Tolgoi copper mine in Mongolia. Should help to maintain higher copper prices into the future if as is clearly the case the start of production in Mongolia is delayed.

[qs99] 26/11/2020 09:42

ATHM nicely through £2

[laurence llewelyn binliner] 26/11/2020 08:55

#VISH65, that is interesting.., we know that funds rebalance/adjust for whatever strategy reason they have, my bet is Orion are about to take a bigger position in the EV metal space, specifically HZM as they near finance closing next month...?, advance positioning could pay off there.. :o)

[vish65] 26/11/2020 08:51

Orion recently put through a TR1 at CAML reducing from 5% to literally zero , so not sure this is specifically an ATYM issue.

[qs99] 26/11/2020 07:48

copper moving North nicely again....DYOR