We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Big drop for what is quite a small volume?
the sheep are all selling, just topped up at 253.
ATYM AISC is now being revised up 5-10% from the original $2.75 to 3.05 range and copper at $3.26 on futures. That's about all I wanted to see in the results.
Hi Fishysaurus > I shall happily join that group efficacy however IMOO the EV transformation is just at its binary stage (Jules Verne predicted this way back in the 1870 century if I recall correctly) but now once THE CAT IS OUT of BAG it gets centre front and stage COPPER is the new future gold metal of the universe and/or even a BITCOIN REPLACEMENT YES YOU HEARD IT HERE first) IMOO DYOR ETC ETC. 'ANY DISCLAIMER ALLOWED'
I think that Copper sentiment will change in a couple of months when the CCP confirms Xi as leader for a third term.
China will declare "victory" over covid and drop their zero covid policy once he is in place.
At that point the inevitable need for copper will be back and the share price will respond.
If you are looking for immediate gains, stay away, but on a 5year view point, ATYM I think is a great buy.
ATYM will soon be generating 55% of energy needs through renewables.
Even if the margin shrinks to zero, it will return to pre correction levels as soon as the copper price recovers.
Global shortages cannot be ignored indefinitely.
Rivian is now valued at $121 billion and is building 3 ton electric trucks to meet the huge potential demand...
I am certain this stock will return to at least a 10% yield within a year or so. This is just a temporary blip that slowed me to fill our boots again...
Sorry bangrak
Interestting bangrok and where do you see supply and demand going?
signs were given when the major holder bailed out and there seemed to be a lack of real communication about the placement of the new shares. Potential to be really good, but copper and aisc are too close. What's going on in the eu is very serious. eps here today is about 30p, I cannot see this moving up until the whole energy issue and china is resolved and I cannot see that happening for a few years.
"If the ASIC is still at that level and/or if copper drops further, then ATYM is no longer a cash machine"
I don't think its a cash machine right now at this level, the risk with high energy prices is too great, the warning signs we
Correct, the company have re-iterated that they will de-list from Aim and TSX and list on the FTSE proper. they have already moved domicile and say that the re-listing process is well-advanced.
Come on Red, of course it's an AIM stock. The company have stated their intention to re-domicile to the UK and move to the main market so watch this space.
ATYM is not an AIM stock...
AND Toronto is the premier mining stock market...
IMO as soon as we delist from AIM and TSX and get on the FTSE proper, the better chance of a more stable SP. At the moment it's a lottery!!
Copper hit $3.31 this week a low, but has rebounded and climbing to $3.54 - some 7%.
We all know that the world copper demand has to be significantly higher to go Green and the high oil prices will help this.
UK announced today another 11Gwh of offshore wind power with the turbines and the cable linkage, this is more demand.
I would think on a 2 year view this is a really good buy in price.
Bought £95k last couple of days at average of 303p...
Berenberg and BofA have it as a BUY...
"Berenberg cuts Atalaya Mining price target to 430 (500) pence - 'buy'
Bank of America cuts Anglo Pacific price target to 220 (230) pence - 'buy'"
Spot copper: $3.44
ASIC: $3.59 (Q1/2022)
If the ASIC is still at that level and/or if copper drops further, then ATYM is no longer a cash machine.
And copper isnt going to stay cheap. Have you been watching china?
Yes. But the SP is still cheap. A strong buy at these levels. Especially with over 9% Div Yield.
Are you guys checking the copper price in the last month at all?
Now its getting rediculous. Wish i could buy more.
This is now crazy underpriced. Should be way over 550p now.