Emed Mining Share Discussion Threads

[lucky punter] 06/10/2015 08:09

mcluvin hilarious what a short position from 3.6 all the way to 3.5. You have to admit that is the most stupid post this month and there has been some real comedy posted recently by the resident idiots on this board.

[laurence llewelyn binliner] 06/10/2015 08:09

LP, I'm pleased to hear this is the case, but tell me why does the company not report this to the market thro' an RNS to save us all guessing..?

[lucky punter] 06/10/2015 08:05

frogkid you doubt ramp up is anywhere near complete; really. What do you base that on? What evidence do you have?
I maintain it is and I have a very good contact who supports that. Take it or leave it I do not care.
Melissa has told me by e mail that they will reach normalisation December or early January. Normalisation is 3 months worth of regular performance at or above design. I assume then frogkid that your view is that the January deadline will be missed.
I can assure you that today 13700 tons of ore will be processed to produce 340 tons of copper concentrate. Again frogkid take it or leave it but please show me the evidence that something has gone dramatically wrong and the ramp up is not complete.
frogkid why are you still here with your reduced holding; why not sell up and allow some new money in to this share.

[mcluvin] 05/10/2015 22:29

Never seen a positive share consolidation. Sp will drift back at 3.5p post consolidation imo. Almost tempted to take a short position.

[cufes2] 05/10/2015 20:29

Let's see if EMED shares buck the general trend on consolidation . . .

lucky punter 5 Oct'15 - 20:00 - 53626 of 53627 0 2

Atalaya shares are not about to drop on consolidation.

[lucky punter] 05/10/2015 20:27

trafid I do not much care what happens on the consolidation day. If it drops I buy more. I am much more interested in where Atalaya will be when they are producing 45000 tons of Copper in concentrate each year worth £154m at todays price producing a substantial profit. 45000 tons a year will be here in 12 months; 20000 tons a year is here now.

[trafid] 05/10/2015 20:09

s@p will drop on consolidation day. pi here will become LTH while Atalaya attract newbies at a lower price. tick up if agree?

[lucky punter] 05/10/2015 20:00

Atalaya shares are not about to drop on consolidation. The story is just too good. Falling in with the consolidation will be full production and profit news. Ramp up is now complete and the market will hear at the end of this year of normalised production at tag 5 mtpa throughput. We will also learn of the expansion project construction completion and commissioning.
Small holders selling at a lose is just fine by me. There will be winners and losers.

[5huu] 05/10/2015 16:41

People surely selling because the vast majority of AIM share consolidations result in the new higher price dripping lower.

[waterloo01] 05/10/2015 15:18

I can offload 500k online so maybe there is a buyer.

[777mason] 05/10/2015 12:59

so 500,000 / 30 = 16,666 shares x 1.08p = 17,999 .... 1 new shares 1.08p

[loonio] 05/10/2015 12:26

Husbod

Since most shareholders are probably with nominee services which hold all their clients shares in one lump, most of those little parcels of 10 or 20 shares will probably end up on the nominees' bottom line. You can forget about 'charity' whatever EMED might say.

Bonanza time for TDW, HL, Barclays etc. 80p 50,000 times? Trebles all round!

[777mason] 05/10/2015 11:58

so the shear price would have to be worth 1.08p per share in a 1 for 30 too have the same money back.

[husbod] 05/10/2015 11:52

Yep loonio they will have stolen about 80p worth. Outrageous. What happens to all those odd shares. Are they just cancelled or sold off for charitable purposes?

[loonio] 05/10/2015 11:50

As for what the shares will be worth, look at POL. Its shares were 3p. It did a 1-for-10. What are its shares now? 30p? No, 3p.

[husbod] 05/10/2015 11:49

I see the Glencore CEO has been talking up the case for copper with the Glencore share price rising 10% as a result. Can't see any such enthusiasm for our share price but no doubt it will happen.

[loonio] 05/10/2015 11:48

777mason

if you have 500,000 shares now, after the consolidation you will have 16666 shares. That is 499,980 shares divided by 30. The remaining 20 shares will be stolen from you by this great example of corporate shenanigans.

[acamas] 05/10/2015 11:25

I cannot see Lp's viewpoint on buyers. How many market makers are there 5 or 6 if known faces were accumulating then it stands to reason that the MM's would be aware of this situation and ask a little more each time a large chunk is traded. Forcing us to go blue. Lets face it buys of 1/2 million shares equates to around £18,000. Four such trades come to £72,000 approx. It is going to take this mysterious buyer ages to get hold of 10% of this company's stock at £18,000 a roll.

The odds favour PI's trading this stock rather than II's buying for medium term growth and dividends right now. bwdik

[lucky punter] 05/10/2015 11:16

In the metals, copper was last at $5,174 per tonne, up $74.50 on Friday’s close, while its benchmark cash/threes spread has contracted to a backwardation of $8.

Stocks fell a net 1,925 tonnes to 317,600 tonnes but cancelled warrants rose 3,800 tonnes to 79,050 tonnes, with 3,425 tonnes freshly cancelled in New Orleans, 2,000 tonnes in Antwerp and 200 tonnes in Port Klang.

[lucky punter] 05/10/2015 11:13

daz I cannot see why they would have had any meetings. It seems quite a simple strategy and it appears to have a degree of success so far with several selling out completely and the shares being swept away at 3.6p and just above.
I just hope others continue to sell.

[husbod] 05/10/2015 11:11

So those prophecies that an England defeat would cause a stock market collapse don't seem to be totally accurate although lango, from the safety of el espana seems to have taken it to heart.

More seriously, sorry to see you go lango and good luck with whatever you go into.

[lucky punter] 05/10/2015 11:10

The buying is not aggressive it is passive so there will be no buy orders but they will buy anything loose. That underwrites the share price.

[waterloo01] 05/10/2015 11:06

It tells me that there are few/no big buy orders in the market. Wasn't that all this II promotional activity was about?

[lucky punter] 05/10/2015 10:51

waterloo the share price tells you nothing. If there are sellers and buyers in equal volume the share price will stay static. There have been small sells and large buys. The benefits here are symbiotic; strong shareholders with aligned interests and expertise makes for a strong performance as the production moves on. The company will not focus on PI's that is quite clear.