Monitored this board for many years, but not a regular poster. I have held shares for over 20 odd years and added when I can.First purchases at around 8 pence in the Harry Adams days, before all the consolidations. Traded regularly on many penny stocks and this one came good. I now look for investment. Comes with age!. Always believed on this one, with the resources in the ground, improved infrastructure and the new management.
I believe there is a Copper storm coming, for all the obvious reasons!.
I will be disappointed, if we get taken out early!!. I do believe that this will be £7 in 2 years & move on to £10 within 5 years. Aimed at Rougpierre or Mr DC, who are like minded, i think?- what is a reasonable takeout price??, in your opinion, at present time? ( or next 6 moths). Over the years, I have built up a reasonable holding and hold over 65000 shares across ISA, Pension and trading account. So have quite a bit of skin in the game!.I would appreciate your input. |
It's a worry look how small investors are getting screwed at CEY. |
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... |
Someone big seems to want in. |
based around Chinese demand from what I read, US rate cuts will help, a weak $ will help, but China need to sort themselves out! |
Goldman Sachs reduced their copper price forecast for end of year from $15000 per ton to $10100. Freeport-McMoRan's stock fell 7.6%BHP down 5.7%RIO also down 4.7%Hopefully the likely reduction in US interest rates touted for this month will provide some stimulus |
There seems to be a keen seller at £4 for some reason !
That's the 3rd drop from this level |
$FCX is also down 7% |
Copper's down 3.5% which doesn't help. |
so 8% swing in 24 hours, what is going on?! |
Could be news on a number of fronts or not? |
4% rise, any views why? |
Nice to be back through £4....DYOR |
a bit late?! Good to be in none the less
Also good to see ATYM hopefully about to be back through £4 as copper starts motoring again....DYOR |
Dividend finally cleared today. |
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 |
Possibly. AI is being used extensively by the company in their R&D program. There is a lot of info on the Kobold Metals website if you're interested. DYOR. |
Nice rise today! |
Nothing to add to the Results...
ELIX delayed
Domain move pending
Solar panels close to finish
Future producing assets being progressed
Toure in process
Copper price critical...direct correlation...
No water problems
Alberto utterly professional as usual |
Presentation in 5mins |
Solar plant not on line till year end. |
 Surprised by the limited action. Excellent cash flow, almost no debt, loads of upside, from improving grades, new pits, ELIX, solar plant and of course Touro. A solid profitable company, well run, in a safe jurisdiction and loads of upside still to come.
Very healthy balance sheet, with substantial more cash than borrowings. Few miners can have such low, almost non existent gearing.
"The Company's balance sheet remains strong with unaudited consolidated cash and cash equivalents of €81.0 million as at 30 June 2024.
Current and non-current borrowings were €27.7 million, resulting in a net cash position of €53.4 million as at 30 June 2024, compared with €54.3 million as at 31 December 2023.
Inventories of concentrate valued at cost were €10.2 million at 30 June 2024 (31 December 2023: €8.4 million). The total working capital surplus was €63.4 million at 30 June 2024 (31 December 2023: €68.6 million)."
The Group had credit approval for facilities totalling €94.2 million (€103.8 million at 31 December 2023).
Borrowing with fixed interest rates is 1.75%. Margins on borrowing with variable interest rates, usually 12 months EURIBOR, range from 0.95% to 1.93% with an average margin of 1.25%.
At 30 June 2024, the Group had used €27.7 million of its facilities and had undrawn facilities of €66.5 million. |
All set up for a big H2. Next half yearly results should be very strong. Let's hope the copper price is half decent. By end of 2024 Elix should be fully operational, progress will be made on Touro, Solar farm fully functional, domiciled into Spain paving the way for a listing on FTSE 250 (mkt cap dependent) and San dionisio should be permitted.The latter project enables ATYM to improve overall copper grade and therefore amount of copper produced by mixing higher and lower grade ores. Lots to go at!! |
Solid results |
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