Anglesey Mining Share Discussion Threads

[hyper al] 10/2/2017 08:41

I would hope that Bill Hooley and John Kearney would want to see mining started at Parys Mt. before they retire.

Birth years are here

Even the Chief Geologist was born in the 40's

These are obviously all key people with decades of knowledge concerning Parys Mt and the company. Maybe they should recruit a younger member to the board so that this knowledge can be passed across.

[keya5000] 10/2/2017 08:24

CB that was me, very approachable and open CEO.

Admitted that the delay was not acceptable but he had some unforeseen personal circumstances in the last quarter of 2016 that had took his attention to other matters.

Said it was being worked on now by him.

[crystball] 10/2/2017 08:22

On another discussion thread someone claims to have spoken to Mr Hooley asking for an explanation as to why there has not been any announcement yet. Personal problems were said to be the reason but that he is now very close to letting us know what is going on.

[no1larafan] 09/2/2017 15:49

Ha ha, quite a few buys on nex exchange as well

[crystball] 09/2/2017 14:41

Just Yorkshire tea brewing here. Nothing else!

[no1larafan] 09/2/2017 14:25

Mmm... somethings brewing here!?

[crystball] 18/1/2017 12:44

Drifting down day by day. Where is the imminent scoping study?

[hyper al] 10/1/2017 09:19

trader365

Total Bonkers!

[crystball] 10/1/2017 08:51

As we wait for the scoping report, the price of zinc is on the rise again......

[diesel] 28/12/2016 16:06

Trader....well I'd be surprised if this group of conspiracy theorists don't end up in court if they carry on like this!

[trader365] 27/12/2016 11:18

Anyone seen this

[crystball] 23/12/2016 20:49

Here is the scoping study report from 2007



I wonder what the updated one will reveal? Happy Christmas everyone!

[keya5000] 16/12/2016 14:31

Get an update on this next along with the scoping study and this will be flying.

[wisteria2] 16/12/2016 12:24

TIDMAYM

Anglesey Mining plc

16th December 2016

LSE: AYM

LIMH completes Plan of Arrangement

Placing of New Anglesey Shares for GBP0.3 million completed

Anglesey Mining plc ("Anglesey" or the "Company") is pleased to announce that
Labrador Iron Mines Holdings Limited ("LIMH") has reported that its Plan of
Compromise and Arrangement (the "Plan") under the Canadian Companies' Creditors
Arrangement Act has been approved by creditors and sanctioned by the Ontario
Superior Court of Justice in Toronto.

The Sanction Order of the Court marks the final legal milestone in LIMH's
financial restructuring process, with implementation of the Plan scheduled for
Monday, December 19th, 2016.

Upon implementation of the arrangement creditors of LIMH will be issued, as a
group, approximately 22% of the shares of LIMH which means that Anglesey will
then hold approximately 11.9% of LIMH and will be its second largest
shareholder. Creditors will also be issued 49% of LIMH's operating subsidiary
Labrador Iron Mines Limited.

The Plan implements a restructuring of LIMH's business to preserve its mining
assets, continue its mine site activities in a care and maintenance standby
mode and position LIMH to refinance an orderly resumption of its iron ore
mining activities when economic conditions warrant.

Bill Hooley, Chief Executive, stated "We are very pleased to see LIMH passing
this major milestone which will leave it debt free and with all its major
assets intact. As a significant shareholder in LIMH we look forward to the
future development of its iron ore assets in Labrador when the economic climate
is right, and to other opportunities that LIMH is now in a position to pursue."

Placing of New Anglesey Shares completed

Anglesey also reports that the previously announced issue 12,000,000 new
ordinary shares in the Company has been completed raising a total of GBP310,200.
The issued ordinary share capital of the company is now 172,608,051 ordinary
shares of 1 pence each with voting rights; there are no shares held in
treasury. This figure may be used by shareholders as the denominator for the
calculations which will determine whether they are required to notify their
interest in the company, or any change to that interest, under the Financial
Conduct Authority's Disclosure and Transparency Rules.

The proceeds of the placement will be used for project development of
Anglesey's 100% owned Parys Mountain zinc-copper-lead deposit and for general
working capital. An updated scoping study is currently being prepared by Micon
International Limited and Fairport Engineering Limited, both of which are
acknowledged experts and leaders in the resources sector.

[h2owater] 16/12/2016 10:17

Great stuff

[glenbo1] 07/12/2016 12:49

Calmtrader is 100% correct. On the last scoping study this currently has over £1 billion resource so section that in.To me it is very very positive.

[calmtrader] 07/12/2016 12:06

noil no..a decent scoping report will see this 12-15p..and mid 20's on finance raised to mine!!

[no1larafan] 07/12/2016 11:56

Bought another 300k shares, am I mad or what? ?

[glenbo1] 07/12/2016 11:40

I see itThere is a placing next week but things look very promising for AYM in the near future.

[calmtrader] 07/12/2016 10:08

its showing on isdx

[glenbo1] 07/12/2016 10:05

Who do you use?

[no1larafan] 07/12/2016 09:57

Whenever I buy it never shows up!

[glenbo1] 07/12/2016 09:56

No 100k buys showing yet?