Anglesey Mining Share Discussion Threads

[trader365] 12/5/2017 16:38

So slow so long because why put a mine into production when you can draw a salary for 30 years without turning a stone. They been threatening to mine parys since 1987!

[euclid5] 12/5/2017 10:12

No release of the NPV value?

[folderboy] 12/5/2017 07:22

Well sort of out . . . not sure it will impress the market - didn't impress me. Why SO slow - why SO long?

[100egs] 12/5/2017 07:08

scoping study update out

[noccer] 08/5/2017 15:20

Thanks for that info. I am sure they would rather the Zinc price was back up at $1.30 instead of $1.17 when they release it, though as long as LME stocks of Zinc keep falling reckon the price has to rally.

[keya5000] 08/5/2017 12:50

Spoke to Danesh last week, he said it was very close, ex director been brought in to assist Bill Hooley and it had to be out prior to annual report going in for audit which he was working on now.

[g2theary] 08/5/2017 12:46

Any ideas when this Scoping Study will be ready? On the 23rd March RNS it said "soon"?

[g2theary] 04/5/2017 20:56

Some considerable volume today....

[calmtrader] 28/4/2017 13:59

managed to get 500k @4.30 in total...now to wait!!

[no1larafan] 28/4/2017 13:18

Me too, good to see someone buying more :-)

[calmtrader] 28/4/2017 12:13

yep they have always said that was their preferred avenue to raise finance..i'd probably buy a few more if the say around this level

[no1larafan] 28/4/2017 12:09

I bloody hope so! 99.9% of my isa is invested in AYM, my guess is they're looking for an investor to share the cost of extracting the base metals from the mine?

[calmtrader] 28/4/2017 11:48

bought a few today...scoping study s/be out soon surely

[abergele] 25/4/2017 14:33

Had a top up at the top end,
even t2 perhaps a move up on he cards?..gla lth's

[no1larafan] 20/4/2017 13:40

Good to see zinc and other base metals heading back up strongly, iron ore is also up for the first time since the sell off, come on Bill, now is a good time to bring out the report!

[no1larafan] 19/4/2017 09:45

Bought again at 4.2p and yet its come up as a sell as usual! Horrible day for base metals yesterday but my guess is the worst is over after all the scaremongering and will eventually head back up on bargain hunting

[no1larafan] 18/4/2017 12:22

Topped up again at 4.22p but it has come up as a sell, last week I bought at 4.25p and it again came up as a sell! Put a notice on other bulletin board last week but was immediately suspended and haven't got a clue why? The long awaited report should be out very soon, the fall in base metal prices has come as a surprise and I feel it is overdone.

[g2theary] 04/4/2017 12:28

Get ready for take off

[frost1] 21/3/2017 17:12

Minco worth looking at. Dalr buying out nsr .

[keya5000] 20/3/2017 07:46

Nice RNS.

Bring it on Bill.....

[bigbigdave] 20/3/2017 07:03

Anglesey Mining PLC
Placing of New Shares for £0.225 million
20th March 2017 LSE: AYM

Placing of New Shares for £0.225 million

Anglesey Mining plc is pleased to announce that it has today agreed to issue 5,000,000 new ordinary shares, representing approximately 2.8% of the Company’s enlarged issued share capital, at 4.5 pence per share in a placement, to raise a total of £225,000 gross and £213,750 net.

The net proceeds of issue will be used for general working capital and for the continued development of the Parys Mountain poly-metallic project in North Wales on which an updated scoping study is being prepared by Micon International Limited and by Fairport Engineering Limited. This study is reviewing capital and operating costs including the use of available second-hand plant to minimise capital expenditure wherever possible. Recent increases in base metal prices over the last few months together with the lower level of sterling compared to the United States dollar are also expected to be positive for the project economics. The study is nearing completion and is expected that the report will be available shortly. When the report is completed Anglesey will commence discussions with interested funding partners with a view to moving the project on to the next stage of development aimed at bringing the mine in to production.

Bill Hooley, CEO, stated “We are very pleased to announce this financing which shows the continued support for Anglesey Mining and for its projects from sophisticated institutional investors in the resource industry. We believe that such support is both positive for the development of the project and as an indicator that investor interest in the base metals sector has returned and that the outlook for the metals that will be produced from Parys Mountain is positive”.

[keya5000] 19/3/2017 12:42

Got about £400k.

Debt c£2.7m (memory) soft loan from main shareholder.

Repayment term fairly none aggresive.

[latifs100] 19/3/2017 11:54

any ideas on cash n debt levels.

[mr roper] 15/3/2017 10:55

bought in this morning after watching for a while. Breakout looks good, 9p should be achievable

[backtogo] 14/3/2017 10:07

hear comes our 12p