Atalaya Mining Share Discussion Threads

[rougepierre] 11/5/2022 16:24

Sorry FB...slip of the pen...

Meanwhile bought the missus £20,000 at sub 330...

[mip55] 11/5/2022 07:02

Atalaya Mining Plc (AIM: ATYM, TSX: AYM) will release its first quarter financial results for the period ended 31 March 2022 ("Q1 2022") together with its unaudited condensed consolidated financial statements on Thursday, 19 May 2022.

[podgyted] 09/5/2022 23:01

I'm waiting RP - lot of cash waiting.

[farnesbarnes] 09/5/2022 20:27

Doesnt a market fall through support?

[rougepierre] 09/5/2022 08:42

When equity markets finally fall through resistance, commodities will boom like they did in 2001/2007 and 2008/2011...

[qs99] 09/5/2022 08:36

Just read article about supply side copper issues still abound & China infrastructure spend both of which should provide support in H2 calendar, so DYOR, but am going to hang on to my hats here and take the annual yield and play it long.


GLA!

[podgyted] 08/5/2022 16:12

Didn't realise April's Spain PPI prelim figure was out - now up close to 47%.



I've also been looking at the recent LME copper price - after being in a channel of $10,200-$10,400 for a month at 22/4/22 the price was $10,230 - on 6/5/22 it was $9,428.

Not looking as good as it did. Not just ATYM, all miners. Will remain on the side-lines until stats begin to improve or at least bottom/top out.

[podgyted] 07/5/2022 15:10

Spanish PPI up over 40% YoY is a bit concerning.

[robmcelf2] 06/5/2022 12:12

I wonder if the share price will move to around the 3.20 mark as this is what 22% of the company was sold for recently after XGC left in a hurray (nothing to do with ATYM, this Chinese business had their own major issues and so were a distressed seller). Current share price is incredibly good value IMHO for all the reasons RP outlines.

[rougepierre] 06/5/2022 12:00

Hi Guys

For those of the 'old timers' who remember me...I'm back...

Patiently waited...bought £20,000 at 354.44...

Love the story...8.3% yield...great new resources...massivley undervalued against a global copper shortage projection...

Will buy more if they go sub 300...

Hope you are well Erric....still rock solid in JAY and even bigger in SOLG...

Always looking for the next ATYM...SOLG then JAY then UFO...?

[podgyted] 04/5/2022 17:22

To me at least, the market is currently marking down in anticipation and also on actual reporting. I'm waiting for the results to be out of the way, hopefully with a "things are going to get better" outlook.

BWDIK

[robmcelf2] 03/5/2022 18:46

It's been over 2 years since the negative AAU for the Touro project. Surely ATYM have to resubmit this application soon or walk away? Or does anyone know if the application has in face already been resubmitted? Maybe this is a question for the Q1 financial presentation of there is a q&a session..

[robmcelf2] 03/5/2022 18:37

So q1 financials should be next week and we expect them to be poor as ATYM had lower production and higher costs. My question is will This present a buying opportunity or do we think the market has priced it in as these variables are already known in principle (albeit not to what extent). If the piece drops I will plan to add as I think we have more clarity on energy prices in Spain going forward..

[caiman47] 29/4/2022 13:46

The latest presentation is well worth a look. The analyst site visit is finishing about now so I would expect some model updates in the near future.

[robmcelf2] 28/4/2022 15:25

Wonder if the euro and the US dollar will get to parity? Be interesting to know what kind of impact this currency movement has on ATYM if this weakening euro trend continues for any length of time...

[robmcelf2] 27/4/2022 23:19

Sorry final one from me - the prices quoted in the last couple of posts are gas and not electricity but nevertheless we should see costs reducing..

[robmcelf2] 27/4/2022 23:03

Remember atym fixed their energy costs at 65 euros per KWh in 2021 so if prices do come down to 40-50 Euros after being 200+ at one point in Q1 then we may see full year cost guidance coming down. We are also seeing the Euro continue to fall against the dollar. Atym budgeted 1.16 but it's now 1.06 so that will also help costs if it continues as Atym incur expenses in Euros but get revenues in dollars

[robmcelf2] 27/4/2022 20:41

New presentation available on the Atalaya mining website. Lots of detail on bringing new assets online... would like to see more about Elix but I guess we will have to wait till the plant is up and running..

[erric] 26/4/2022 08:46

I wonder if Anglo American might start to consider ATALAYA now that they have been knocked back in South America

[robmcelf2] 25/4/2022 19:34

Thanks TT - exciting prospects for 2024. The other possible game changer is the ELix technology. That should enable better copper recovery as well. The industrial elix plant is due to be fully commissioned in 2022 so I guess we will learn it's real impact over time. The prospects for ATYM seem very strong - especially as energy costs are starting to come down..

[tommyttrades] 25/4/2022 17:02

Was looking at the recent broker analysis on costs ,blending higher grades from San Dioniso...
Check out 2024 EBITDA increase & guidance on AISC for 24

Anyone any idea on the impact on future holdings due to Xiangguang 22% sale?
I seem to remember that Trafigura & Xiangguang had an agreement where holdings were to stay the same %/weighted (22%)

At least it threw up a fantastic buying opp for PI's, general recession aside, who would have dreamed we'd get that chance at such a price ......................





Blending ~1/3 of Riotinto's feed with higher grade (~0.91% Cu) ore, the operation could
produce an incremental ~20 ktpa of copper. All things being equal, with ramp-up in late
2023 the additional copper production could lower our AISC in 2023E to US$2.37/lb
(from ~US$2.60/lb), and in 2024 to US$1.74/lb (from ~US$2.30/lb). The corresponding
increase in EBITDA would be ~27% in 2023E and ~73% in 2024E. We note that while
we already include three years of additional life at Riotinto from San Dionisio, this does
not account for grade uplift, potential for by-products, or fixed cost dilution.

[johnrxx99] 22/4/2022 08:18

Less than 5%.