Emed Mining Share Discussion Threads

[mds2028] 16/10/2015 07:49

Nice to see you buying back in again frogkid! Is it time for an Atalya poem?

[frogkid] 16/10/2015 06:49

Good post Wanderer and thanks to RoccoI am buying again

[orado] 16/10/2015 06:31

Wanderer

Thanks for the link.
Made my day. Great.

[necromancer101] 15/10/2015 21:05

Thanks for posting Wanderer. Possibly the most rigorous post here for about two years.

[wanderer1210_0] 15/10/2015 19:40

For anyone who as not seen AL's presentation at the Mining Capital event I will post the link, this video shows the slides much clearer too http://youtu.be/P9myRA8aO-Y

[wanderer1210_0] 15/10/2015 19:24

Please note the post is not mine, it is credited to Rocco on iii. But if it helps IMO the resource update as not been given until a in depth report as been concluded. We already know that 3000 cores have been studied of the the site and have produced 3D models. We know infill drilling is still being carried out. There have been hints that the main pit resource is similar to that already known but a increase of mine life is probable. It would not be beneficial to the company or investors to deliver a damp squib resource update. What they are doing is keeping their powder dry. IMO there is a lot more to this mine, AL as told us they are looking at paying dividends. I'm feeling very bullish ATM, are we on the cusp of exciting news?

[acamas] 15/10/2015 17:15

Thinking about it if the share price is £2.40p at Xmas it will put a smile on a lot of our faces

[acamas] 15/10/2015 16:51

I do not follow his figures he says 8p by Xmas we have a multiplier of 30 before that date where will that place the share price at Xmas £2.40p give or take how much? Other than that it is certainly helpful.

We must wait and see what The Market does after 21 October and between Christmas Eve when the LSE closes. I do not think we can be confident of anything in advance of it happening with this share

[rougepierre] 15/10/2015 16:51

Well done Wanderer! Very thorough and helpful.

Don't suppose you know why the resource update hasn't been re;eased as promised?

Meanwhile KEFI up 24% today...yippee....

[wanderer1210_0] 15/10/2015 15:47

Interesting post from Rocco on iii who attended the EGMHi all loyal investors.It was great to see the full board in place (nine directors), meet Carina Corbett Director of 4C Communications again and most importantly the full senior management team, namely:Alberto (CEO), Julian Sanchez (General Mgr Operations) & David Carrasco (General Mgr Finance). The Rumbo V investors were also present.The resolutions were passed with big majorities as you know.The key thing now is to roll out the communication programme and ensure the often experienced weakness following on from a consolidation is avoided.In EMED's case the story is very strong (ahead of plan & under budget) and there is a receptive audience eager for details of this new major European Copper mining Co.Will we have a new thread under ATYM (AYM on TSX)?In fact Carina told me that many Brokers & Analysts they have meet so far, thought we were still waiting for permits! They are now scabbling to get on board as appointed brokers etc.In January a party of them will visit the mine and some will go beforehand.As you know Alberto is this week in Montreal & Toronto, bringing our North American Investors up to speed helped by Carina's opposite number responsible for North America.In terms of basics, this is where I believe we are:-1. Open Pit Plant commissioning going to plan with completion expected by year end. They are ramping up towards the grade, recovery & production levels targeted.2. 5 mtpa steady state by end of year/Q1.3. Ramp up to 7.5 mtpa Q24. 9/10 mtpa by late 20165. Phase Two expansion also well ahead of schedule & looks like its ahead of schedule & under budget. Commissioning for Phase Two to start late in Q1-2016.6. As we know from Charlieee they are looking at other possible opportunities given many mines are struggling in this market, with no people & no money to develop them. We need new challenges to keep our highly skilled, & motivated senior mgmt team stretched & interested. They are not the sort who just manage a dividend producing steady mining Co!7. The 8m. euro grant is expected by year end.So i reckon & these are my numbers, we will be cash flow positive by Xmas. 5mtpa @ 0.5% Cu con & 80% recovery and a copper price of $2.4 should give us c. $108m pa revenue. I reckon that converts to Net Income of c.£27m or an EPS of 0.077p. So I targeting a share price of 8p by Xmas.Do the maths on 7.5mtpa & 10 mtpa. Do the maths if copper improves from $2.4Finally the current drilling should conclude by year end and we can expect the Reserve/Resource statement during Q1-2016.Alberto is totalled focussed on copper and other minor fringe activities are seen as irrelevant.Hope that helps.All based on my understanding of course. Please DYOR.

[acamas] 15/10/2015 15:16

We can live in Hope! But 153% rise will not get every LTH back in the black.

[dyfiman] 15/10/2015 15:11

Just a little something for Emed/Atalaya shareholders to ponder
on.

In past months there has been much discussion of the drilling to
prove up resources at the mine and how a good/ very good result
would be for the meagre share price.

Well, a short time ago, I happened upon part of a website
which showed what was called the LSE % gainers table.

What caught my eye was the price of Bellzone Mining. Today it
has risen +153%.......... due to a very good Maiden Resource
update. Yes..... +153% !!!!!!

I read that EMED/Atalaya's resource drilling results may not
be done and dusted and published till at least Xmas... or
even later.

So, when that task is done, can we expect a massive investor response
as Bellzone has received today ?????

Cynics welcome to respond !!!!!!!

Rgds all, particularly to the long-time holders of 8+ years waiting
that Ive experienced.

END

[lucky punter] 15/10/2015 12:52

The 4.25p and 4.37p trades are buys and sells are 4.10p. It is good to see the Copper stocks drop by another 3000 tons. That seems to be the average current daily drop.

[waterloo01] 15/10/2015 11:34

Good to hear. Looking forward to broker notes.

[thebrewster] 15/10/2015 11:28

Just got the following update from Carina at 4C :
"One or two of the analysts that are planning to initiate coverage on Atalaya will be visiting site over the coming weeks but we are planning a more general site visit early in the new year."

[husbod] 15/10/2015 11:11

Because Shortarm (Emed conspiracy theory no 473) the company wants to keep the share price at 4p to make the consolidation price easy to work out!

[rougepierre] 15/10/2015 09:59

Because they can Shortarm...SEAQ is an underregulated casino....

See the middle of post 53832....

Meanwhile'double bottom' formed?

AIMHO as usual

[shortarm] 15/10/2015 08:29

Why is the bid 3.75 when you can sell hundreds of thousands at 4.25....?

[waterloo01] 14/10/2015 19:54

I assume we should get some broker notes on the name change. I look forward to seeing their valuations and price targets. Could liven things up.

[lucky punter] 14/10/2015 19:51

Warehouse stocks, meanwhile, fell a net 3,425 tonnes, taking the stockpile below 300,000 tonnes for the first time since February – it now stands at 297,175 tonnes

[loonio] 14/10/2015 15:49

I got last weeks lottery numbers right. And the week before that. I didn't put the money into POL though. I'm not that clever!

I am pleased roguepierre found the cash for his EDL membership. Me and the lads were thinking we'd have to kick him out of the Northeast chapter.

[manfrom] 14/10/2015 15:21

I wish I was that smart............

[rougepierre] 14/10/2015 15:20

Also added modest holdings in ALO, AMC, CNR, EDL, KEFI, MARL, POL, ROSE, SULA, TYM and WLFE from the gains....