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Urzz > from the recent presentation, it reads ''50MW solar plant: Initial power generation expected to begin in Q2 2024''
Link: https://atalayamining.com/investors/presentations/
I read in the Prospectus that the Solar plant will not switch on until "late FY24". News to me. Lucky that market electricity costs are so low.
It's been a good day for ATYM. Hope that there will be more to come tomorrow. 460 to finish the week would be wonderful. Good luck everyone, onwards and upwards!!
Some big buys going through at good prices. Can’t imagine who’s selling.
All 444 are in sight again and the Solar switch is turned ON not to forget the E-Lix plant works which should be ramping up production next month meanwhile, the Copper price is breaking out to the upside above 4.5 targeting the high 5 and could be a cracking interesting debut on Monday when hitting the big board.
We're testing the 5 year high of 440, just a matter of time, today, tomorrow or Monday.
Good luck all, let's hope the main listing turbos this.
The 3 main problems are getting sorted- Energy costs down (Solar) and therfeore production costs down
Copper price over and above $4.50 - will it go for £5??
Going onto Main Market so Funds buying in to get Tracker Funds/levels correct
Woop woop but may need to sell some soon for business deal funding
£600m MCap
This sounds like good news, will be interesting to see if big players start buying. Could be significant for teh SP, particularly as the copper price is holding up and we may be at the start of a long-term multi-year copper bull run, as widely reported/predicted.
At the current MCap they would be automatically listed in the FTSE250...which means Trackers and major funds will have to buy them..
Happy Days.
£6 by the end of 2024...or more...
He is correct
https://polaris.brighterir.com/public/atalaya_mining_plc/news/rns_widget/story/rdld3mx
Main market from Mon 29th April - great news
At last things are moving.
If I recall correctly we need a dollar that’s rising against the euro.
Am I correct ? If so, it’s moving the other way.
$10000 a ton consistently is good. Not there yet
I think it will burst out of the the £4.20 region it leaps and bounds in the next few days with Copper going north rapidly
Sentiment sagging !
Break out territory !
Whalebone please don't give us updates on the spot price every 15 minutes. Hopefully we will see a reflection in the SP next week.
Great buying opportunity today.
On the up and up !
I’ll keep posting further lifts in the copper price
The plus is copper is playing a blinder
Couldnt agree more Svend. What reason will be next? Also move to main market wont happen until redomiciled to spain and now theres some new law effecting that. Appears to me they want all 3 to happen at same time. Anyone else feel that?
Makes no sence, being dragged by poor macro sentiment I guess. May buy more.