Member Info for Tracylied

They will ramp up as quick as possible no matter what the price of copper. There is still plenty of profit and there are 100's of wages to pay that are only achieved with scale. With lower copper prices the need for more efficiency and pace is greater. The C3 costs will be reduced in the new study and even today emed can make serious cash.

is the only part missing now from this success story, oh and of course a representative share price. That will come. I think some moaners and whingers sold yesterday. I fail to see how some cannot see what is happening here. Emed are coming of age.

The plant they are using has a tag of 5 mtpa so yes they are in production to that amount. They were freely telling shareholders in correspondence that they will announce production only when it is commercial. There is ground to be gained on grade and recovery moving forward but what they make is saleable.

Having a great day today. Showing plenty of resilience not just intraday now.

Is your name actually Catching pigeons. No so why would my name be Derek and my year of birth be 1968.

This will turn round really quickly once emed are in commercial production and making a profit. Certainly won't take 10 years.

My Mum is dead thanks.

So you do not want to engage me then and discuss Emed. Are you still of the opinion that shareholders can just take cash out of Emed when they want or are you dropping that nonsense now. I cannot believe you could be so stupid but maybe that is just standard for you. Did you think the shareholders actually owned Emed rather than just shareholders like you and I. What about the nonsense about dividends; what are Emed going to do with $1700+ a ton once PRT is up to scale. They may well buyback some shares but I doubt it as it will only decrease the already illiquid private shareholder base. They may well buy another project to develop but there will be plenty left over for dividends. If you were in doubt before shooting your mouth maybe you should have checked with the company. Dividends will be discussed at the appropriate time by the board; they are not off the table like you suggest. What a complete idiot you are, have you actually done any research. Come along to the Investor evening and we can discuss it. Don't forget your dunces hat so I can recognise you.

Are you completely mad, taking the **** or re traded.

I have spoken with George as expected the decision on dividends will be made at the appropriate time with agreement of the board but completing the restart is the priority. Confirmed that the major shareholders are just shareholders and can't just pay themselves when they want. That suggestion got a laugh. I think you have made enough of a fool of yourself already today.

I am not mad at you. I feel sorry for you. You must really struggle.

I doubt most on here are retired. I am 44.

Is not a subsidiary of Trafigura or any other major shareholder they just own shares in emed just the same as we do. It is not fact that emed will never pay dividends they have a responsibility to the business and shareholders both will be catered for. Of course emed have to invest in the site and guarantee production for years ahead but the profit will be huge and there will be plenty remaining for dividends or share buyback or other value enhancements.

No if you own 20% of something you do not pay yourself 20% out of the till that is just nonsense, they hold shares in Emed as do you. If there are as you say no dividends then they will get no money they as shareholders can not just pay themselves that would be theft. What about the large shareholders here for investment rather than Copper? Of course they will develop PRT before paying a dividend they have to reach the most economic scale to produce the best return (9-10 mtpa). Of course they will continue to explore the surrounding area, they would be negligent if they did not ensure the future of the project. They will not spend all of the profit expanding just the same as they would not spend all the profit on dividends. I do wonder reading your posts if you have any grip at all on how this works. They will not pay dividends until PRT is established and at the most appropriate size but that is scheduled for the Autumn next year. Look at the figures at $2.5 lb, PRT makes a substantial profit, even if Atalaya bought another exploration project and developed Slovakia they would not spend anything like what they make. Of course they will pay dividends when the time is right and not before. Are you for real.

Points 1 and 2 I totally agree with. Point 3. Really are sure; how can PI's have been fleeced? how long have we been able to buy well under any price any major shareholder has paid. They cannot buy on the market at 3.8p they have paid 4.75p and much more in some cases. Is it not us who is fleecing them. Explain how PI's are being fleeced as I just do not see it. The main investors are steering the ship through the board towards a successful restart of production, fully funded and no debt. They will produce the ready market to sell into. Clearly had alternative funding been available it is the job of the nomad to explore that; if it was available it was poor value. They also would not have side stepped the trigger for Astor which more than makes up for any pain. It was Emed who delayed the finance and remained in control of the cash in hand, look at the chart had they triggered earlier the strike price would have been lower. They held off as long as they could to get the best deal. 1. Yes of course we need the Copper price to go up although even at todays price the profit will be strong given the current exchange rate, savings in the restart and the oil price. 2. Why would any of the 4 sell any shares and I doubt even if they did they would not get a sniff on the open market. 3. The PR strategy with 4C is already commissioned and will start with the investor evening in a couple of weeks, there will be a name change to Atalaya and promotion to get the name into the right circles. They do not want nervous penny share gamblers and traders with their pocket money and will target HNWI's. Step up or step off.

I must say I find your view rather confusing. It is the PI's who control the share price; a tiny percentage of shareholders determine the share price hence why liquidity is poor and it takes very little to move the share price up or down. It certainly is not boxed off for the "big boys" as you call them. The relationship is symbiotic, the off-take partners must buy the Copper concentrate even if at that time they do not want it, Emed have a guaranteed market. That market is no more than 75kms away being the nearest port and smelter. Many who produce concentrate have to ship thousands of miles to market. They buy the Copper but they do not pay themselves (I really do not know where that comes from) they cannot pay themselves a dividend without also paying us. I say again they cannot get paid unless we get paid. The major investors are not just here for the Copper they will be looking for a return on investment after all they can buy Copper anywhere in the world at full market price. Emed will be a producer of concentrate not Copper and will be paid by the ton produced at the smelter wherever the concentrate ends up in the world at full market price minus penalties for by-products plus credits for other metals. That is how it works for all concentrate producers. My advise is that when this share price responds do not trade the share; hold tight for the dividends because they will be substantial. Emed will be a huge cash generator at even average Copper prices and the larger investors will want profit from this deal so once at steady state we will get dividends. Their profit is our profit; that is the benefit of having strong partners. Emed ceased to be a punt a while ago and has now become an investment; Emed are very shortly going to become a cash cow and if you want to take advantage you have to hold some shares. Traders will create volatility but ultimately the shareholder base is quite small and the share supply will dry up quickly with just a small amount of demand and the share price will squeeze up. My mid to long term is still 20p; that will be a combination of share price and dividend and I take a 3-5 year view. Do not be fooled by the shaky start Emed have a lot of idiot shareholders right now trading but they will move on as they breakeven. Atalaya will be looking for a more refined shareholder, someone who knows how a producer acts and what we can expect. The campaign starts on the 10th September; step up or step off.

Is having a very nice.

They can only release the news when it is available, I can see no issue with the news flow. It takes time to restart a mine and they are well ahead of schedule. There is no point in Emed talking until they have something to say. I don't know what you want but I want a sustainable rise into dividends when production is at 9-10 mtpa mid to late next year. If you need reassuring with a higher share price now then maybe this is not for you.

I care not if you like me or not. You need to look at your investment every day; not at what you paid but at todays share price. Knowing what you know now would you buy all over at 3.9p. If the answer is Yes then you hold even if you have paid 10p a share. You cannot change the share price just your perception of it. You can only spend your money once and you should not judge Emed by your entry point when you should be judging yourself.

I don't see that there is anything wrong with this share, it has without doubt outperformed the sector. When the permits were issued it was a classic sell on news; gamblers were watching the boards and sentiment was poor so they sold. Following permits Emed were set for a long construction and finance period; those who did not want to be in for that sold. It is absolutely classic that near term producers share price scales back massively during construction if they do not have existing production income. I started to buy when construction was well under way and have been buying ever since on the dips. The model picks up when it production and moves on greatly with profit. All producers have been through first construction and most I have looked at went through exactly the same cycle the Emed share price is now. The extent of the re rate depends on the Copper price but even at £1000 a ton margin PRT is hugely profitable. Clearly I would rather see £2-3000 a ton but it is what it is.