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Does anyone know how many shares are actually trading at the moment?
Agreed China is still growing at a substantial rate and that is compound. It is way outstripping the new Copper available and the balance can only be addressed by scrap at much higher prices. The detail behind the figures will show the reduction in growth is largely in services not manufacture. The future for the copper price will be turbulent but it is only going to trend up.
Listening to a news item this morning, they reported that Chinas growth was at 6.9% which is the lowest since 2009. What they failed to report was that the expectatins were 6.8% and therefore it would apear that things are becoming more stable. I suppose that only bad news or very good news makes the headlines. What country would not trade their groth for China's F.E.
5 Top TSX Stocks: Other gainers were EMED Mining Public Charlotte McLeod • October 18, 2015 http://investingnews.com/daily/resource-investing/top-tsx-stocks-sabina-gold-silver-emed-mining-pilot-gold-banro-orbite/?nameplate_category=Daily EMED Mining Public Exploration and development company EMED Mining Public’s main goal is to restart the Rio Tinto copper project in Spain. It believes that the project presents an opportunity to bring a major copper mine back into operation at a “relatively low total cost.” Last week, the company’s share price rose 18.75 percent to reach $0.10. On October 13, EMED released the results of its extraordinary general meeting, noting that all resolutions proposed were passed.
Yep that would do for me fella especially the last bit - lol ...
I don't think much of the PR will be visible or aimed at us. 4C have many contacts in the city and I suspect that is why they are in post. Us micro holders do not need much to be satisfied, a decent and updated website, regular dividends and quarterly production updates. That should see the SP at several multiples of the current; times 30 of course
Together =so its neither here nor there ....
Ur right fella what is the rush when u have only been waiting 8 yrs ? What's another couple of months ? The fact is the 2 elements Emed and Atalaya are both one and the same but only in name and it's been clear for some time Alberto and the board (and perhaps rightfully so) have been desperately trying to separate the 2 both in terms of reputation and deliveryof objectives for some time now ... and that is precisely why the PR up to now has been pitiful as has been stated on here many times - We all know talk is cheap as chips as it's actions that count So it is to be hoped that now the Phoenix has been reborn in its new image that the PR does come into play and actively promote them in the manner that most stakeholders I guess would want and expect to see of a successful and vibrant copper producing entity ... I don't think that's too much to expect personally and true enough if and when these significant milestones are met then the proof will be in the pudding ....as there really should be no excuses when that happens ...I've waited what seems a lifetime so together here nor there to me but I can fully understand the frustrations borne by so many but maybe for not too much longer ...
I think the PR has quite rightly been low key for now. The AIM does not value in advance and they can only release news once. Atalaya are about to do something really will not cut it in the current climate. They are not shouting about anything right now and I think that is the right approach. Production is at 5 mtpa throughput now but until it normalises the market will not be told. I think that is the best way to go. The expansion will be rapid and is well ahead of schedule. By Christmas the production will be normalised and the commissioning will be underway for the expansion to 7.5 mtpa. Phase 2 construction started a couple of months ago and will complete early next year. In less than 12 months PRT will be at full capacity. The PR has plenty of time and the powder should be kept dry until the best moment. After all what is the hurry.
Does everyone really think the PR company is doing a bad job OR have their wings been cut and they are only reporting what they have been told to report. All PR has to go through the RIGHT channels and has to be authorised. If you can manipulate the share price, then a PR company is childs play! IMHO
EMED up 18.75% Canada
Catching, I am with you all the way. What i do find frustrating is that these Analysts are not informed of the current situation. This is most definately a PR issue. PR must be stepped up without any further delay. i mean proper PR, and not some joke of a company not issuing the great news, on time, and to the right people. Micky mouse information reflects badly on the company, and prevents buyers getting involved. F.E.
This may seem a bit far fetched but tbh I think it's only now that some of these analysts if u were to believe some of the things U read to be gospel ...for example ...like hearing some analysts thought we were still awaiting permits FFS !!! ... It's bloody incredulous if that is true ... The big plus for me listening to Alberto at mining capital was that he said by xmas or very early in 2016 we would be producing 7thousand tons altho I think (I hope)lol ...he meant 7 million and then to be ramped up to 9 -10 million later in2016 - so surely if that was the case and that news was actually tangibly achieved by xmas or shortly thereafter and assuming the copper price does slowly improve ...and we are cash generative which we should be ...then How could it be unrealistic that 6-8 p in old currency would be unreasonable - particularly if the long awaited PR razzmatazz supports it loudly and to the right audience ??? For me at least the real plus is that the overwhelming weight of evidence to date proves that the 3Amigos of Alberto Tatlock - Julian Alexis Sanchez and David Tabasco sauce have pulled off a minor miracle here in what they've achieved on the budget to date and it's just to be hoped that people are finally beginning to wake up and see what's happening at long last - we've all been here before I realise that .. But it does have a different feel all of a sudden - onwards and upwards hopefully ...have a great weekend fellas
It really is refreshing to see a few volume buys today and this week. Long may it continue, edging the SP Northwards. F.E.
I hope you are right. But all the good news in the past has only brought misery and a fall in share price. I suggest that in text book scenario what you suggest should happen. However in text book scenario when you get the rights to mine land and extract the resources the value of the company rises not halves. Sadly I suggest resource upgrades will probably drop the share price for some obscure reason none on this website can for tell.
Let us all hope so DY F.E.
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 I've experienced. END
LME monitored warehouse stocks continue to decline now at 293650 tons. Dropping about 3000 tons a day at the moment. Of course this is not the full story of supply and demand, prices remain stable at $2.42 lb. Ideally we would like them at least 10% higher but the profit from each ton is very worthwhile at this level. Next real news will be the normalised production and at that point Atalaya will be firmly in profit.
Stockpiles down to 297150 tons. In steep decline down 60000 tons in a couple of months.
........ at the spread laid out by MM's currently. 20% is just taking the proverbial out of investors. Scandal !!!!!!!! Rgds, Dyfi. END
4.25---4.42 ..
Spot on fella....ive just checked and its 4.23 to sell atm and 4.37 to buy ...so in reality the spread right now should be 4.00 - 4.50 - so a few more buys shud move it up another tick one would hope ... Probably fall back now ive said that ...lol
Is not .75p in reality but it looks like they want to slow the buying down. I don't think it will take much to see some real movement.
Well ive just been taking stock these last few weeks as it was always unlikely anything exciting was likely to happen prior to the EGM but after having watched Alberto's presentation at mining capital and seeing the rapid progress continuing at a pace - it would be really something if now the consolidation and name change has been agreed ....that it's defo a case of out with the old and in with the new - and realistically if u were wanting to start matters in the right way ... then providing a real positive statement on the production front anytime soon followed by an equally impressive reserve update ...would be completely in line with the new company's objective of delivering objectives ahead of schedule ...and simultaneously casting off the unfortunate but somewhat warranted reputation that Emed had attached to it of broken dreams and never ending delays . From an sp perspective at least ... The early signs are positive which is most encouraging and Eddie U will be getting a nose bleed fella if these blue finishes continue as of late - not used to it mate are we ? Lol I just hope we are nearly there ... And ready for a re rating very soon GLA
RESULT OF EGM EMED is pleased to announce that all of the Resolutions proposed at the Company's Extraordinary General Meeting, held at 12.00 p.m. (London time) today, passed. Admission to trading on AIM of the New Ordinary Shares, following the Consolidation of the Existing Ordinary Shares is expected to commence at 08:00 a.m. (BST) on 21 October 2015. Alberto Lavandeira, CEO of the Company, commented: “We are delighted with our shareholders’ continued support as the Company achieves significant milestones while we work towards restarting production. We look forward to further developing our operations as we increase the scale of production and in time, the potential reach of our operations.” Capitalised terms in this announcement, unless otherwise defined, have the same meaning given to them as in the announcement issued by the Company on 11 September 2015.