Atalaya Mining Copper Share Discussion Threads

[robmcelf2] 22/3/2024 15:10

Quite a rally this week to 1 year highs! Hopefully positive news flow in April to support the share price gain.

[estienne] 22/3/2024 11:48

Synopsis from Simply Wall Street

Full year 2023 results:
EPS: €0.28 (up from €0.24 in FY 2022).
Revenue: €340.3m (down 5.9% from FY 2022).
Net income: €38.8m (up 17% from FY 2022).
Profit margin: 11% (up from 9.2% in FY 2022). The increase in margin was driven by lower expenses.
Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) exceeded analyst estimates by 7.0%.

Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 1.1% growth forecast for the Metals and Mining industry in the United Kingdom.

[qs99] 22/3/2024 11:07

Cu price will fluctuate, but $ weakness with impending cuts in 2024 IMO will support the price above $4 in the long run DYOR

Think Touro is nearer than people think and main listing will IMO also help

EU law on "strategic" commodities in EU apparently is due to be passed soon? ANyone got a date? That may help with commissioning Touro

DYOR

[estienne] 22/3/2024 10:00

Price is still up despite weakness in the Cu price

[estienne] 20/3/2024 09:18

Also the share price has responded fairly well to the results so - steady as she goes

[qs99] 20/3/2024 08:45

Good to read the above, I was thinking with share price appreciation, that Touro will be a great piece of news to have alongside main market listing....a real boost so let's see if they can achieve that....DYOR

[robmcelf2] 19/3/2024 20:10

Also noted that ATYM will not be progressing the wind turbine option for electricity generation as it is 'barely economic' in Alberto's words. Solar farm is expected to be connected up in May - hoping for no more delays!

[robmcelf2] 19/3/2024 20:08

Listened to the playback of the results earlier today & the Q&A. Really like the fact that Alberto always answers all the questions that get raised. 2 key points I picked out were:Alberto expects main market listing for ATYM next month He expects Touro to be given project of strategic importance status next month (May latest) which will then accelerate project approval process.

[qs99] 19/3/2024 08:53

yes disappointing but should be up and running shortly, hopefully they have some redress to suppliers for delay

cash cost did start with a 2, the capitalised tailings cost was substantial and pushed above 3

I agree re TOuro, each of their updates seems to be a cut and paste in the detail for years now. Anyone on meet the investor update should IMO ask them why they do this!

Main market could only happen once these results were out, so I would like to see an RNS on that asap from management, they must have all their ducks in a row by now!!!

I also hope the dividend is paid quickly many companies take 4-5 months from RNS results outlining divi to actual cash in the account.

DYOR and hope some of these points are raised on Q&A

[robmcelf2] 19/3/2024 08:01

Disappointing to see further delays in Solar farm and cost profile still pretty high - would like to see AISC start with a 2 and not a 3. No timelines on move to main market. No meaningful progress at Touro from what I can read from the last couple of updates. I guess everything takes time so our best hope of a short term share price boost is continuing higher copper prices. I remain a LT holder and hope we see good progress towards broader goals in 2024.

[qs99] 19/3/2024 07:30

Indeed, but hopefully average realised copper price this year will be higher, boosting EBITDA....likewise better news on Touro and maybe even further cost reductions...let's see....DYOR

[waterloo01] 19/3/2024 07:26

Decent results. Steady as she goes

[qs99] 17/3/2024 09:54

Fingers xd we get something meaningful!

[base7] 17/3/2024 08:51

Progress on Touro would be great,together with confirmation that our energy costs continue to fall & the expectation that the CU price is expected to continue improving

[robmcelf2] 16/3/2024 15:16

Results on Tuesday - looking forward to a good update. Would love to see meaningful progress on Touro as well as Elix and Solar farm..

[qs99] 16/3/2024 09:27

Exactly that....Touro can't be far off surely?

[rougepierre] 15/3/2024 14:13

copper hit $4.13...ATYM moving nicely...

even before full listing and TOURO

[waterloo01] 14/3/2024 08:06

On the move up.

[qs99] 13/3/2024 14:39

Also TKO spoke at Mello last night & shares moving along nicely

Copper price helping but now FLO is commissioned, the future IMO looks v good.

THought I would mention it as ATYM/TKO are my main copper holdings

[qs99] 13/3/2024 11:10

Copper hopefully about to move through $4.....DYOR

[ruvic] 08/3/2024 16:48

Folks taking advantage of the spike to unload their shares.

"300+ of trades in the last 5 minutes, mostly only a few hundreds of shares, mixed of buys-sells. Very strange, will see tomorrow"

[qs99] 08/3/2024 10:15

$ weakness continues, even £ nearing 1.30:$1....should continue to help copper price & other commodities IMO...and therefore ATYM! DYUOR

[hericsaba] 07/3/2024 20:04

300+ of trades in the last 5 minutes, mostly only a few hundreds of shares, mixed of buys-sells. Very strange, will see tomorrow.

[cthompso] 07/3/2024 18:41

Weird close? ~355 down to 323 in moments.

[mark of the rushes] 07/3/2024 16:21

Cu price is on a rip.