Atalaya Mining Takeover Rumours (ATYM)

I agree Robm-good news with the update could result in a decent re rating ahead of a takeover at some future point

SP very quiet despite copper recovering more than 6% in the last week... I'm wondering if somebody is sniffing around... I know the only thing Alberto fears is a takeover bid and surely now is the perfect time... So much news pending and with the Spanish domicile sorted this quarter ATYM could enter the FTSE250 with Tracker Fubds then having to buy stock. Canaccord have a price target of £5.85 and I am on record as predicting £5 by the end of the year... So a predator would need to move now IMO...

With rate cuts & possible $ weakness however slight, all should help commodities IMO, and with as RP highlights above, lots of very good positives, ATYM should be back over £4 and progressing nicely H2...let's see....may even be a takeover target given shortage of supply...that would be a nice icing! DYOR as ever