Emed Mining Share Discussion Threads

[frogkid] 13/10/2015 18:18

hang on though wanderer, dont forget that LP is about 10 different people !

[wanderer1210_0] 13/10/2015 16:57

Or of course this one lol

langostino
19 Mar'15 - 12:39 - 45910 of 53806 1 0


LH - My agenda is to sell half my shares at b/e around 7p and the rest at a small profit. From what I hear of today's meeting I reluctantly conclude that may be some time away. Without a takeover I would expect the trade to be between 3 and 5p for the remainder of the year. I read your post properly and it was just as silly


lucky punter
19 Mar'15 - 12:46 - 45913 of 53806 4 2


3-5p at the start up of production; I would be amazed if that were the case.

[wanderer1210_0] 13/10/2015 16:54

Fools
Remember this?
lucky punter - 25 Mar 2015 - 22:59:54 - 46565 of 53806
CuFe the plant has run before for many years, there is no engineering risk with the plant it is tried and tested. The grade was always consistent and reliable. Very few blanks and no stripping in the pit. The risk is not considered for start up as that is the point of start up and redundant testing; problems are expected and dealt with.
The engineering risk is all about equipment not performing to spec rather than not working or requiring repair.
The equipment has been idle but is now undergoing a major refit upgrade and refurb, much of the control is being updated to modern standards as are the filters to met clean air standards. The hydraulics have been completely refurbed or replace with new. The plant is no longer idle and will be a modern and efficient concentrator by any standards.
That CuFe forms part of the permitting process.

It sounds if you do not mind me saying that you are getting rather desperate to mention something negative.

[cufes2] 13/10/2015 16:15

LMAO . . . Like any sensible poster believes that after the most recent BS you were caught out posting lucky punter . . .

[wanderer1210_0] 13/10/2015 16:12

Most disillusioned holders have reduced or cleared off. Not many of us LTH's left now I'm afraid. I still believe in the future today's share price will be a bargain with dividends to come. PS anyone seen Deme these days?

[lucky punter] 13/10/2015 16:05

Shifted into paper profit today. No real surprise Emed is moving up into consolidation. I think some sold a while back expecting to be back in lower. I think our 500k buyer soaked them up. The volume here is pathetic, a few small trades control the share price. I will not be selling any in single figures.

[acamas] 13/10/2015 15:55

Danny,

Why put a 4p ceiling on it? We have had a poster confirm he sold recently to make £20 in 20 seconds. That is stretching investing to the limit in my way of thinking. You invested to stabilise a company and help it grow stronger when I was learning the ropes nowdays it seems to me on occasions that you trade the share for a daily profit to earn a weekly wage come Friday close of play

[mds2028] 13/10/2015 15:48

Danny those that make a £100 -200 trading this share will need 4.2 LOL

[danny111] 13/10/2015 15:38

Really, so these 'disillushioned' holders are waiting for the bid to officially increase to 4p even though they can get 4.13 if they sell now. Stunning analysis!

[mds2028] 13/10/2015 15:33

well history has shown they do Acamas, and there are so many disillusioned holders that even at this 'on the cusp' moment some will sell out.
The problem they have now is pushing the bid will probably bring to many sellers out when they known they can drop the price and spook the weak next week on consolidation.
History has shown we are very poor at a sustained rise, so much more of a spike will tease out those that trade the share, and the self fulfilling prophecy is fulfilled by pulling the price down.

This time might be different just as different as the quality of PR we are soon to start witnessing!

[acamas] 13/10/2015 15:22

Are they frightened that the day traders will appear in force on the sell side if they do raise the bid and buying might dry up?

[husbod] 13/10/2015 15:09

Quiet here today.

Why doesn't the bid go up a bit and give us a decent rise!

[lucky punter] 13/10/2015 14:06

potential reach could well be the merest suggest to a standalone deal for the high grade multi-metal material that could form part of an off-take. That could easily be worth the whole current cap just for that symbiotic by-product currently valued zero.

[mds2028] 13/10/2015 12:43

A new thread for a new optimism LOL

[mds2028] 13/10/2015 12:42

The banks wont let Glen or Traf go bust, they will just screw them in fees and supporting capital raises so they hold them by the balls.
Once they have their balls, they can ask their city mates to stop shorting copper.
Never forget its bankers that rule the world and only focus on greed and bonuses.

[husbod] 13/10/2015 12:41

So, when do we actually become Atalaya and
Whose going to take the massive responsibility of starting a new thread?

[mds2028] 13/10/2015 12:38

this sounds intriguing! Alberto Lavandeira, CEO "We look forward to further developing our operations as we increase the scale of production and in time, the potential reach of our operations.”

oh what a tease "potential reach of our operations"

I hope there is something meaty coming our way as AL has let us down before with not following through with resource updates he promised were weeks away.

I suspect nothing new until the name change and consolidation beds down towards the end of next Week.
Another little milestone out the way. Sad to read a very guarded, boarding on lack of hint towards being 'in production' rather than the RNS statement of 'while we work towards restarting production'.
I thought they were finalising finalising commissioning not 'while we work towards' it, 'work towards' would make you think they haven't started yet.

Well will they start writing quality RNS's!!

[husbod] 13/10/2015 12:19

Traf going bust would mean commodities are in a dire place charlieee.

Anyway the RNS is out and expands very slightly on the EGM re-iterating the likely expansion plans.

Otherwise it's back to sleep.

[charlieeee] 13/10/2015 11:50

Possibly it will just be a standard RNS, but out of that last presentation, we got an updated costs figure and in due course we will be told that we are at the 5 MTPA current capacity and then as long as copper stays reasonably above the $US 2 per pound, we are both into profit and well into cash positive per pound unit.

Traf going bust is irrelevant, now they have ponied up for the mine build. If they go bust, their stake would be sold and probably off-market, so why would we take note, other than to think "well, it could not have happened to a nicer bunch of chaps": the circle of life always feels satisfying complete, when "what goes around, comes around".

C

[husbod] 13/10/2015 09:09

Ok so who thinks we will get a bog standard RNS (all resolutions passed)and nothing else today and who thinks we might get something rather meatier which might actually paint a positive picture?

I honestly have no idea but the mining index is down today.

Did anyone see the Questor article in the Telegraph on Commodity traders yesterday? Fascinating stuff mainly concentrating on Glencore but also mentioned Traf. Basically Glencore could go bust given their tight margins and increased cost of borrowing but even Traf is in big trouble if commodity prices remain depressed. Furthermore, if any of them do go bust the banks exposure is such that it could trigger a major financial crash with almost nothing left in the Central Bank/Government's armoury to counter it. It would be bloody typical if this happened just as Emed (as it still just is)is finally coming good.

So, however much we suspect Traf's strategy, we have to hope they survive and thrive and that Glencore doesn't keel over.

[waterloo01] 13/10/2015 08:37

Anyone going today?

[iankn73] 12/10/2015 22:12

Some key Chinese economic data due over the next week or so. Here is hoping we get some positive figures to bolster the copper price as well as other commodities.

[waterloo01] 12/10/2015 18:16

He's a very good writer.

[laurence llewelyn binliner] 12/10/2015 17:28

That will take some digesting waterloo..!, this is why teams of analysts like Edison exist.., there are so many measures to consider trying to value a mining project, but overall, we are very well positioned.

We know what we have to work with, we have good transport links, a local smelter, a local port for shipping, relative political stability, water, electricity, a workforce on the door mat.

A big upgrade potential, but a guaranteed 14+ 'X' year LOM just to start with, and if we make $100M for 20 years over the LOM there's your $2BN value.

I firmly believe that over time thro' the cycle in the copper price over LOM, with a guaranteed customer for our product, and resource upgrades to come we will be rewarded well, and it's not all about the SP, let's say 2 years out from now we get a further 18 years of dividend income, yes I'm underwater right now using the share price as the measure, but I'm here for the journey and just keep adding when I can..

12-24 months from now when the multiplier of throughput and a rise in copper price kick in, we will be printing money to quote AL...!