Atalaya Mining Copper Share Discussion Threads

[qs99] 22/5/2024 11:25

indeed. Maybe they are working the trade through...let's see....didn't seem like a whole load.....

I listened to the presentation, my sense was that management are pretty bullish, especially about the copper price and being unhedged to provide very material EBITDA upside....patience required.....DYOR

[caiman47] 22/5/2024 09:13

I guess the timing was driven by Insider rules. Just after results are published there's usually a window.

[qs99] 22/5/2024 08:49

If I was a director, left, I would not want to keep stock in a company I had no influence over, happens all the time. I know I've done it! DYOR

[mwj1959] 22/5/2024 08:21

A nicely timed sale then!

[qs99] 22/5/2024 07:49

Thanks, useful knowledge - let market absorb it, move on etc.

DYOR

[mwj1959] 22/5/2024 07:09

So Trafigura's NED sells all his stock...

[robmcelf2] 21/5/2024 16:49

On Elix he said Eva Lain and he were targeting continuous production from The new plant from next month - currently still producing in batches

[robmcelf2] 21/5/2024 16:48

Listened to the playback of this mornings Q1 results. Alberto was saying that he thought incentive price for copper would be around 12,000 USD per tonne - interesting. On Touro he said he expected to get 'project of strategic importance' status by end of May/ start of June. On Solar farm he expects maybe half the electricity to come online by end of next month..

[mip55] 21/5/2024 10:57

Interesting podcast. Particularly the bit about the massive investment required that's going to be needed just to maintain current levels of output in Chile. Also Atalaya have been approached with a view to investors hoping to take over Trafigura's stake . They've said no as they expect their investment to outperform any buyout offer

[cthompso] 21/5/2024 07:03

Interesting rise in copper concentrate inventory held on site? Q1 23 it was ~1500 tons. This time it's ~8300 tons.Does this just reflect delivery timetables, or might we get the rather higher price for copper now as it's delivered? Perhaps it's intended as feedstock for Elix?

[robmcelf2] 21/5/2024 06:58

Disappointing results- more delays in re domiciliation, more delays in Solar farm, Elix still not done, nothing more on Touro, poor financial results. Really hoped for better. Thank goodness for a stellar copper price!!

[rolo7] 21/5/2024 06:53

One does ones best considering my 3 attempts to pass English GCSE! ?

[qs99] 21/5/2024 06:47

Interesting comment re Touro.....Ultimately Q2 should show the upside benefits of better grades intimated, better costs and much much higher copper price...will the market look forward or back? DYOR

[mip55] 21/5/2024 06:37

Somewhat disappointing to say the least.... Profit down from 11104 in same Q last year to 1627 this Q?Cash flow from operating activities down from 12362 to a loss of 1737?Blamed on lower copper concentrate sales and ( lower realised copper prices?)

[typo56] 21/5/2024 06:33

rolo7, don't the nationality and liquidity rules apply for eligibility to the FTSE All-Share index? The Small Cap index is part of the FTSE All-Share index and segregated from the FTSE 250 based on market capitalision, not nationality or liquidity?

In today's RNS:-

"Assuming all necessary approvals are obtained, the Company expects that it could complete the re-domiciliation procedures in Q4 2024"

I think that means could be FTSE 250 entry in December, unless FTSE accept the Cypriot domiciliation.

[svend2] 20/5/2024 22:31

rolo7 please kindly rewrite in PLAIN LANGUAGE.

[rolo7] 20/5/2024 22:08

Into the small cap index if it does not make fste 250 due to Cyprus office might enter fste 250 between June and September review due to takeover delistings

[svend2] 20/5/2024 19:28

Technically copper just made an ATH above 5.10 for the 4th time since May 2021 if the price can now stay and be maintained at these levels for any given time horizon then that bodes well for the company's longer-term production goals, which are all well aligned.

[base7] 20/5/2024 07:35

Interesting to see how bullish our conservative CEO may be tomorrow

[qs99] 20/5/2024 07:19

Thanks, useful. That should help ATYM enter some index given its market cap! DYOR

Copper holding firm over $5.....should bode well for EBITDA for ATYM....DYOR..

[typo56] 20/5/2024 06:44

Someone has pointed out I got the FTSE review date wrong. It should be 5 June, not 29 May as I wrote. This means ATYM should easily meet the listing period qualification. I don't think they meet nationality, but you can never tell with FTSE!

[qs99] 19/5/2024 09:36

Good morning all, looking forward to another week of ATYM beginning to re-rate to be properly valued....BHP bid for Anglo to get hold of Copper stores, in Sunday Times, a sign of things to come IMO....DYOR.....Touro gets permissioned as well and we should be off to the races....let's see

[rogash] 18/5/2024 07:08

Freeport went up the same as atym, so probably the copper price.