So, on Thursday we become "Atalaya Mining Copper" rather than just plain "Atalaya Mining".
Will it make any difference? It just might.
Hitherto, Atalaya may well have escaped the notice of investors looking for a copper investment. It will be hard to miss it now! |
Thanks, Alberto’s don’t a great job, been in this share over 5 years, well in profit but I have far better returns on many other shares
I will always have some shares in here but if it gets to £4.75 again I think I will skim some off and reinvest, did fantastic with Nvidia, could do with a couple more like that!!!
All the best everyone (just joking about Trump Media, could easily collapse one day) |
It's a well managed mining company but is by nature levered to the copper price. Lot's of upsides, incl Touro (which would double the resource size) but includes better grades from our current pits and new areas they are exploring and efficiencies such as elix and solar projects
Very low gearing and in a safe jurisdiction. I'd stick with it and the quality management under Alberto |
Hi, I know the market is difficult and the last financial report was disappointing but this share is doing very poorly at the moment. Someone suggested this share would be £5.00 by January, not much chance at the moment!!! Perhaps I should cash in and buyTrump Media!!!
I know there is a number of positives coming but is this stock now to damaged and lacking in credibility?
We really need a VERY HOOD next financial report
Are other investors feeling down, or is a just a matter of hanging on?
If the market keeps going down so will this share, copper also dipping low as well
Interested in other investors thoughts
Ta |
Always welcome to see some director buying. |
https://www.galiciapress.es/texto-diario/amp/5080607/abre-plazo-alegar-contra-segundo-plan-reapertura-mina-touroLooks like the environmental public consultation on Touro has begun (for a second time). It will be open to public challenge for 30 days. Obviously it's now seen as a project of strategic importance so fingers crossed for a better result this time!! |
I like they are scaling in with £3m over 48months. Makes it very low risk. |
I suppose it's encouraging that there are operating mines in these areas, but Sweden is not always a place where mines are permitted and developed quickly, from what I've seen. BEM have been trying to get their Swedish mine started for nearly two decades. |
Interesting development and a cautious approach |
haha, Glavey, love that burst out laughing...yes love a bit of Taramas, when combined with buying ATYM at this price.
LSE posts interesting around solar panels and AI/Cloud energy.....DYOR |
More jam tomorrow then. Despite decent copper price, net cash has fallen this quarter. |
Sorry!, post lacking paragraphs!.:) |
I am frustrated with the share price and progression of the company and feel like we are treading water at the moment!. Copper price hammered by weak China stimulus package and China/US trading levies. Not a positive point in the metal cycle....moment in time!. Nothing positive for Copper...Next 6- 8 months. I have watched the latest Investor Presentation and I feel positive about the future of the company. Focus on the points between the detail?. Trouro.. permitting June 25..plant build 16 months...producing Copper start 2026. Acquisition...looking for company up to 600 mill Euros...double size of Company. Redomisilation- complete by March 2025 increasing liquidity of shares. Expansion of Solar/ Wind?. Elix..Innovation & roll out. Copper grade increase 2025. No aggressive takeover...maybe!?. I can go on!, but I feel their are so many positives, we just need to be patient. When the above fall into place, this share will fly!. If you are brave enough to trade it in the meantime..hats off to you. I am quite happy to hold and see where we go. I have held these for so long now ...nearly 15/20 years!...Risky, back in penny share, Harry Adams days, but I think these will come good and the company has performed beyond anything I expected. I have a lot of skin in the game and not going anywhere in the near future. Good luck to all. |
Recording and Q&A. I didn't pick up on the point at the end re looking, or having looked at acquisitions in the $250m - $500m range |
What? You mean you've found some Taramasalata?! |
Have bought the dip DYOR |
Exchange rates had a lot to do with it |
Hugely disappointed at the webinar. Took written questions- the majority of which related to ELIX, Solar and Touro and many of which were duplicated- then, when asked in one question why profit this quarter was so low said effectively I don't know, I'd have to check but maybe it was against a strong comparator! |
InvestorMeetCompany starts at 11am, let's see what's behind the huge drop of profit, while most numbers similar to last years. |
Any chance of the Canaccord note please? Thanks and np if not. |
The more I read the RNS 'Atalaya Mining PLC is pleased to announce......'And then produce a near 90% drop in quarterly profit.....The more I'm thinking ( hoping) that someone has fat fingers and we're going to see a corrected version!Taken a small spread bet out in the hope I'm right |
Canaccord reduce forecast Ebitda by 25% for 2024 and by similar for 2025. |
Really need to listen to the seminar for an explanation of these resultsCompared to last year's similar quarter revenues up 1.5%Operating costs up 5%EBITDA down 11%Profit for the period down 86%I get that we're using cash for capex purposes but cash flows for operating activities actually reduced by 22% in this quarter compared to Q3 2023 |
Presume that no news means that they haven't been impacted by the terrible floods tat parts of Spain have seen. |
Permission now granted for partial switch on of Solar farm. |