Atalaya Mining Share Discussion Threads

[the count of monte_cristo] 06/4/2022 07:23

Gekks, but there are problems in Spain. See WRES.

Quite frustrating how countries in Europe, like Spain and Portugal are anti-mining. Better to source all our minerals, energy and commodities from places like Russia and China...right!? Friggin idiots.

Europe needs a much better strategy to become pro-mining. Look at Germany, over a decade of terrible energy policies by them have now made Europe very weak when opposing just one country.

[qs99] 05/4/2022 08:30

Cracking update, and tone IMO is confident of more to come...DYOR

[excellance] 05/4/2022 08:06

Excellent news this morning.

[sporazene2] 05/4/2022 07:15

Good news and lots of exploration potential. As Alberto commented recently its looking very likely that we will have 20 year mine life at PRT and the surrounding deposits.

[waterloo01] 05/4/2022 07:12

Some excellent grades

[robmcelf2] 05/4/2022 07:05

Nice masa Valverde resource upgrade in this mornings RNS!

[qs99] 04/4/2022 08:03

copper price holding up well, oil price may start to reduce helping ATYM costs. Seller cleared. Look forward to next update.

DYOR

[qs99] 02/4/2022 16:03

Life is short, enjoy it while you can mate. Keep Smiling!

[scrwal] 02/4/2022 14:52

Yep doing ok as doctors said I can think/plan etc for the longer term which I am taking to be 10 years but that's life for me at the moment. For a lot of people I suppose that would be more of a medium term term buy and hold - just my poking fun at things.
I expect to buy in the next couple of weeks so personally don't want any upward movement yet so it's bound to do so.

[qs99] 02/4/2022 08:01

Hope you are ok scrwal! Plenty more to come as oil price will start to fall IMO as putins war fades away hopefully and atym profits start powering ahead again! DYOR

[scrwal] 01/4/2022 22:41

Yeah I was annoyed but had hospital appointments so maybe next time if there is one.
It is promising that the price did recover for those holders at the open as the drop would have been a bit unnerving.

[riverman77] 01/4/2022 17:15

Well done to anyone who got in this morning at crazy bargain price. Was tied up first thing so missed this opportunity - it had largely recovered by mid morning.

[qs99] 01/4/2022 16:34

Bother, didn't get blue, but nice 10,000 buy at full offer bodes well IMO for MOnday!

[qs99] 01/4/2022 15:26

An hour left to hit my "blue" forecast....c'mon.....!

[qs99] 01/4/2022 12:58

£3.90 on the Offer.....

[gekks] 01/4/2022 12:48

Bouncing back quicker than expected.

[basem1] 01/4/2022 12:43

Thanks. It seems well bought but still happy to be on the sidelines again Free money really as price is lower than yesterday and it is not a core holding for me We need to keep on top of these opportunities

[qs99] 01/4/2022 12:13

had to be quick this morning, managed at £3.40 to load up, but shame as you say PI can't get in at £3.20....

there should be some mechanism where say a small % of the offload is reserved for PIs otherwise why should city just make money?

[slsastin] 01/4/2022 11:57

Well done basem1. I made about 8% on a trading stake, so not as nifty as you.
With the IIs sitting on about 15% instant profit it might take a bit of churn before share price heads north again - which it will.

[base7] 01/4/2022 11:55

Pity we werent offered any at 320p as I am sure many longstanding loyal PIs would have happily increased their holdings at a discount & those of us wanting a few more had to do so In Market & pay a premium over 320p,giving some of the pros & connected very quick & substantial profits-Ho hum-at least my new shares are in profit !

[gekks] 01/4/2022 10:45

ahh "Yanggu Xiangguang Copper Co Ltd sells entire 22% stake in Atalaya. The shares are placed with institutional investors".

So knock down price but strong demand . Should be back over £4 soon

[metis20] 01/4/2022 10:44

"The results of the Placing will be announced as soon as practicable thereafter."



Edit:

Atalaya Mining PLC - copper miner in Spain - Yanggu Xiangguang Copper Co Ltd sells entire 22% stake in Atalaya. The shares are placed with institutional investors by Canaccord Genuity Ltd on behalf of ICBC Standard Bank PLC in a bookbuild announced after the London market close on Thursday. The 30.7 million shares are sold at 320 pence each, worth GBP98.2 million.

Current stock price: 375.00p, down 7.4% on Friday

12-month change: up 20%

By Tom Waite; [e-mail]

Copyright 2022 Alliance News Limited. All Rights Reserved.

[gekks] 01/4/2022 10:07

Wonder who bought the placed shares ? Or does it mean cannacord have taken them to sell on ??

[kramch] 01/4/2022 10:06

Seems like Yanggu Xiangguang Copper Co were a distressed seller. Added a few to help out.
K.

[basem1] 01/4/2022 09:58

Always try and break it down It is not ethical I am told but it is easier to get in smaller tranches For 3.99 a trade it is worth doing