Member Info for mattlilly

Yes they were buys the late bargains and we're already on the move up today as a result...

I agree Mr DC. I analysed all the bargains against the quote at the time they were transacted and I made the split 98k sells and 102k buys before those late booked biggies. The problem is the algorithm that divides thd quote by 2 and then allocates buys above and sells below. Often a waste of time. More important there does appearcto have been a big buyer around the ladt few days and thanks to weak holders panicking he was able to fill it about 10p lower than he woukd have on Monday... AIMHO as usual...

Let's be realistic...AL gave no hints on the financials in the Q3 production update and was never going to in this production update...my guess is that people with unrealistic expectations on the content of this RNS have been panicked into selling. There was a buy on the off, then a string of sells, since when weak holders have been shaken out. Here are the revised calculations I've posted elsewhere. AL gave us enough info to work out a close estimate... Possible financials for Q4 and FY 2016... Calculated an average copper price for Q4 of $2.38, so... 8938 tonnes of ore produced, and an average cost of production of $1.88, gives a Gross margin of $0.50, so Gross Profit is: 8938*2205*0.5/1.08 (average Q4 value of Euro) = 9.124m Euros Less Admin Costs of 4.500 and Exploration costs of say 0.200 for the quarter, leaves EBITDA at 4.424m Euros Accumulated EBITDA for the first 9 months was (1.577m) Euros so I calculate that we have positive EBITDA for FY 2016 of 2.847m Euros, equivalent to £2.240m (translated at a period end 0.85) Meanwhile, looking at Q4 figures alone, after Depreciation and Amortisation of say 2.5m we have a Pre Tax PROFIT for the quarter of 1.824m Euros, or £1.55m And the accumulated loss for the year would be about 6m Euros, or £5.1m.... Pretty damn good!

I have calculated (posted on ADVFN) that if copper stays above $2.60 for the rest of December, we will make a PROFIT of 10 million Euros in Q4 and therefore a maiden PROFIT of over 1 million Euros for the whole of fiscal 2016!!! At these prices we are generating c$250,000 a day of net cashflow... The SP should be WELL NORTH of here...at these prices we are on a prospective CASH MULTIPLE of 2.4 times and a forward P/E of 2.4 for 2017... Meanwhile ANTO is on a prospective 2017 P/E of 30plus... Why the hell would ANYONE sell a bean at these prices...

124/128 was a silly price...ANTO and VED haven't fallen more than a smudge while we have retraced more than 20%... Fundamentals here are overwhelming...what price will these be when we announce our maiden profit for Q4...? Bought 5,000 at 127.4799...spread moved up to 127/130...130 for 5,000 now and I can already sell my 5,000 at a profit, as I'm bid 128...

So...on an annualised basis we are making at least 2204*45000*50 cents a year more profit (and therefore more cashflow) than we were only a month or so ago... That's $50 million or £40 million... So why is the share price stuck? After all, that is only an incremental P/E multiple of TWO times on the increase in MCap... Still MASSIVELY undervalued at these prices... AIMHO as usual

So...on an annualised basis we are making at least 2204*45000*50 cents a year more profit (and therefore more cashflow) than we were only a month or so ago... That's $50 million or £40 million... So why is the share price stuck? After all, that is only an incremental P/E multiple of TWO times on the increase in MCap... Still MASSIVELY undervalued at these prices... AIMHO as usual

I was only trading around my core to make £2,000 extra... Still holding my core of c106,000 (plus the wife's which are a long term hold)...now over 44k in my ISA and the rest in my trading account waiting for when I will sell half...but not yet...

Buys going through at 160/161, well outside the spread of 155/157...meanwhile I'm bid 154.7 for at least 25,000... Buy orders in the background? MMs trying to get stock on the cheap and turn it for 5p+? Any decent volume and we will be on our way again... AIMHO as usual...

Mr O...the Dole Behr report gave a NPV of 291p per share at an average copper price of $2.50 for 16.5 years... I now believe this will be a £10 share in my lifetime... And I repeat...we will see a maiden dividend announcement before the end of 2017... Onwards and upwards...

Cash positive for the first 9 months... Cash positive right now... EBITDA of 1.929 million Euros and... By my calculations, if copper averages $2.50 in Q4 we will make a PROFIT of at least 4 million Euros!!!! Well ahead of target... Just wait for the Broker re-ratings...

There are competing factors around 142.5... On the one hand, this was the last placing price and therefore there may be some weak holders looking to bale at breakeven... On the other hand, the price movement, the MCap and the greater liquidity we've seen over the last 2 weeks must be drawing in institutional investors now...and this will increase as the price moves higher... And finally, by the end of this week, we will have the Q3 results and some indicators on Q4...surely we will be at full production of 9.5m tonnes now; surely we will have been cash positive in Q3 and very cash positive in Q4 so far, which means we will also have positive EBITDA... Remember...ANTO is on a P/E of 30 times and we are still not far above 2 times... Onwards and upwards...next stop 170? AIMHO as usual...

Actually we have a short term debt of $14 million for working capital purposes, but that can be repaid in 3 months or less at these prices...

ANTO is on a projected P/E of 30 times...so should ATYM be 1650p...? According to the article I posted on ADVFN we were running at 95% capacity a few days ago...that's about 3,600 tonnes per month by my calculations.... That means generating cash of c$4.5 million a month at a cash cost of $2.00... i.e. EBITDA of £44 million a year and going up, because the all-in cash cost next year is projected at $1.80 giving cash margin of $0.75, equivalent at full capacity of 45,000 tonnes pa to EBITDA for 2017 of £60 million and a projected P/E of 2 times... So based on ANTO's multiple, we should be a FTSE250 Stock next year, with a Share Price of 1600p plus... And that's BEFORE investing in the many new projects Alberto alluded to in the article I mentioned that is posted in full over on ADVFN... AIMHO as usual...

ATYM is a highly leveraged pure copper play and the only major copper mine coming on stream right now... The Doll-Behr report gave a NPV of 290p at an average copper price of $2.50 and we've blown through that... I expect all 5 Brokers to revise their forecasts, at the very latest after the Q3 update w/b 21 November, which I now think Alberto will rush out ASAP, if for no other reason than the Directors will want to buy shares... Remember the Big4 Bought their placing shares at 142.5p....

Aye...it only moved 17% from last Thursday to earlier today... Not good enough... Meanwhile copper rose 17% in 12 trading days... Connected...?

Ah sorry...your link says october, but it's the company's mistake... So...if you're looking at that you'll see cash costs of c$1.80 which, plus 4 cents selling costs means that at the current copper price ATYM is throwing off the equivalent of c$60 million a year... And the consensus analyst forecasts summarised on TDDI is for PTP in 2017 of £45.94m; EPS of 35.52pps; and a dividend of 3.5pps, meaning... P/E ratio of c2.5 ties and a dividend yield of c4%... So at 90p and £100m MCap this is still ludicrously undervalued, as I expect the Q£ figures to show in 10 days time, followed by Directors' Buys... AIMHO as usual...

Eagle you need to be looking at the November presentation. http://atalayamining.com/wp-content/uploads/2016/11/2016-11-01-ATYM-Investor-Presentation.pdf

Current Bid/Offer in Market Size is 91.22/94.25...electronic quotes through TDDI... I've just been bid electronically 89.38 for 40,000...somebody's chronically short again or... There's no shortage of Buyers...anyone got L2...?

At this copper price we are throwing off net cashflow at an annualised rate of $80 million dollars, against a Market Cap of £102 million... Nuts! Just bought 10,000 at 88.6 and the Offer is now 90p for even 1 share... Ready to spike like the copper price...!!? AIMHO as usual...