Emed Mining Share Discussion Threads

[lucky punter] 17/10/2015 12:17

I am not sure about the PR from 4C yet to be seen. It was them who arranged the shareholder briefings and the presentations to the city. The campaign will not be aimed at us we are already invested and we already know the story. The share price has responded in a very slight way and there is a very long way to go before the valuation makes any sense knowing what we know already.
The plan is very clear to see and the progress is ahead of plan; I really see no hurry all will come good in due course.

[acamas] 17/10/2015 11:53

The second way, I believe

[manfrom] 17/10/2015 11:41

How is Atalaya pronounced?

ATA-LAYA or A-TAL-AYA

[laurence llewelyn binliner] 17/10/2015 11:07

Not a bad week for us here, copper holding $2.40lb+, LME warehouse levels continue to fall and under 300K tons now, back to Jan 15 levels,

Mining conferences done, consolidation and Atalaya name change on 21st October..
Progress into production ahead of schedule.

4C's inputs to PR yet to be seen..

All in all, steady progress, and perhaps some knock on gains from the TSX to follow for us on Monday.

[wanderer1210_0] 16/10/2015 20:26

The TSX as not closed yet, the share price is up 18.8% but on next to no trades 3000 in total. It will cost you 5p to buy on the TSX though

[wanderer1210_0] 16/10/2015 20:18

Zang Why not a P/E of 10? It's basic maths, current share price divided by earnings per share. I can assure you it does give a P/E of 10.

[dyfiman] 16/10/2015 20:06

Interesting piece of info..... courtesy of Eagle1 who posted on
the LSE BB.

Emed/Atalaya's share price on the Toronto TX was up 18.75%
this evening (their time).

Am I right in thinking that our Albert was presenting over there ??

Also caught Albert's presentation here in UK via U-Tube.... thanks to it
being posted by Wanderer on ADVFN.

Was impressed by the man, by his description of what's going on at the mine ..... and what's in store down, the line, for long-suffering shareholders yearning for a decent bumpup in the share price that matches a lot of rhetoric about Emed/Atalaya's rosy future.

Happy weekend to all, Dyfi.

END

[zangdook] 16/10/2015 19:39

ok, thanks. I'm not sure I see the market giving this a PE of 10, at least not until it's well established and paying dividends. Maybe one day.

[ruvic] 16/10/2015 18:56

My bad.I like it better anyway.

[lander12] 16/10/2015 17:12

Ruvic/zangdook

His valuation is in sterling at £27million, with 3.5 billion shares should be 0.77p per share, (not 0.077p)
then if valued at PE of 10 is 7.7p/share or after consolidation would be £2.30.

[ruvic] 16/10/2015 16:26

@zangdook
The numbers are in $, means .07= US$.0077.$27 millions divided by 3.5 billion shares,still don't know how he gets this 8p prediction mind...more like $.08 imho...perhaps I'm wrong so correct me.

[wanderer1210_0] 16/10/2015 13:37

^^^^^^^^^^^^^^^^^^^^^^^No problem, happy to help

[dyfiman] 16/10/2015 12:36

@ Wanderer1210..........

would like to thank you for putting up the U-tube of Albert's
presentation. Am not tech savvy so would otherwise have missed a very
interesting, almost exciting, 'in-the-flesh' outline of where we are with
Emed/Atalaya.

I've been waiting so many years for "fireworks" at the old Rio Tinto
mine - often fearing the worst - but now hugely re-assured.
Let's hope also that the so-called PR experts from now on show us
they're worth the large salaries by emulating the professionalism of
our "Albert".

Tks again Wanderer. END

[stockready] 16/10/2015 12:11

Hi
copper price will catch up in the next year or so, and that would be the time EMED will be in full production, and will benefit from that change , so do we.

I always said there is no need to worry about Traf taking over us and that was the period where everyone was so paranoid about Traf and its presence, they have invested here for long term benefit and they practically saved this company from going bankrupted and that means they saved shareholders too despite all the background conflicts and problems,

we got to know in the world of business there is no Mr. nice guys and every one here to make profit and cover their own back and Traf was no exception but Al certainly is in our side, I have talked to him recently he is here to stay and here to see through this project to 9Mt delivery and he will achieve that. He is very optimistic for the future and to be honest he has every right to feel that way.

with quick ramp up towards 9Mt and copper price recovery, I can see a very bright future for this company and their shareholders,

GLA

[husbod] 16/10/2015 11:40

£1.80 at Christmas would be acceptable to me (6p old money) and a decent kicking off point for 2016 and the ramping up of production.

Obviously I would prefer £2.40 though.

[zangdook] 16/10/2015 11:40

It still doesn't explain why he thinks EPS of 0.077p will justify a share price of 8p (pre-consolidation). You'd be lucky to get 1p.

[acamas] 16/10/2015 11:36

But the point I was making was that this share never seems to do what the majority expects. I think we would all like to see £2.40 and above. However what prevents it going the other way and being £1.80p by Xmas?

[wanderer1210_0] 16/10/2015 11:28

From RoccoAs the share consolidation will have taken place, to be more accurate & current, I should have said in my earlier post that my share price target for Xmas is 8p x 30 = £2.40.Sounds better than 8p!Bring it on.Thanks for tick ups & comments.

[zangdook] 16/10/2015 11:19

from 53848:

"an EPS of 0.077p. So I targeting a share price of 8p by Xmas."

PE over 100? Share price 1/15th of today's price (presumably he's aware of the consolidation)? What is this guy talking about?

[wanderer1210_0] 16/10/2015 11:00

Got to tick up soon, get in there Frog

[rougepierre] 16/10/2015 10:46

I'm sitting here watching EMED
So glad that they're no longer dead
Renamed Atalya
They'll surely go higher
And I can put profits to bed...

GLA

[rougepierre] 16/10/2015 10:40

There once was a chap from Atalya
Who wanted the shares to go higher
He pumped them so fast they
Went off with a blast and
Exploded to very much higher....

[husbod] 16/10/2015 09:27

I'll start it off
"There was once a miner's wife from Atalya"

Over to you frog

Encouraging piece from Rocco and thanks wanderer for posting it. It doesn't really say anything we didn't already know but just oozed optimism and determination to succeed.

Another little tick up today would be a decent end to the week. Who knows we might even get back to the placing price.

Second line

"Whose libido was often on fire"