Anglesey Mining Share Discussion Threads

[j5thumbs] 26/4/2024 19:45

I’d love to know the rationale behind Grängesberg’s perceived value, given that their neighbour a few miles away, Grängesberg Exploration Holding AB (now GRANGEX AB)’s market cap has plunged from £65m last June to a new low of £8.9m today. Does anyone here know in which way ‘our’ Grängesberg differs from its struggling neighbour?

[pistolpete100] 26/4/2024 12:39

Hopefully news next week and the opportunity for the new CEO to formally introduce himself - we pretty much know about parys - id love to get an update on grangesburg given Jo alluded to a potential deal at the start of the year

[calmtrader] 26/4/2024 09:45

I see huge volume this morning (not)

[pigeons] 25/4/2024 11:34

I cannot believe this has not moved up even a little. I've been with these many, many years and I honestly believe when they go, it'll fly, and most people will miss it.

[j5thumbs] 25/4/2024 09:51

Announced today - BHP buying Anglo-American to increase their copper exposure. Meanwhile, in an almost forgotten corner of Wales …

[buttyboy] 23/4/2024 09:04

There is a huge deficit for copper coming up very soon and that means the price will go up, up and up. However, you cannot fast track a mining operation but you can live nicely off the hype. It's midweek tomorrow and if no Hole #3 news is out, then it is not good to put that news out on either Thursday or especially Friday, so it should be Monday next week, assuming the data has been collated etc. Bury bad news at the end of the working week; good news 7am Mondays!

[pigeons] 23/4/2024 08:10

Good morning. Well, it would appear there is a massive copper shortage worldwide. in a growing world market. If this doesn't. help Anglesey morning to open up I don't think it will for me. for many years to come. Everything. is in the company's favour.

[trader465] 22/4/2024 15:54

Would you employ an inexperienced heart surgeon to save your life?

Perhaps if he was cheap enough?

[wassapper] 22/4/2024 15:36

Unsure about the "negative sentiment" about the CEO but whatever. Unless you want to buy 5m shares none of us are in control. Sell or sit back.

[calmtrader] 22/4/2024 12:15

Yep agree we should have NGZ No.3 results before new CEO starts

[buttyboy] 22/4/2024 12:02

Possibly, wassapper. I was expecting to see the share price rise on the news of the new CEO, but nothing as such. I would like to see the hole 3 results out prior to that so the market can absorb the information and the likes of WH Ireland could entice some movement with a paragraph or two of “upside”. Then, the new CEO can address the market, introduce himself etc and get rid of some of the negative sentiment on here regarding his background particulars and discuss the results to date and the importance of why they are doing what they are.

[wassapper] 22/4/2024 09:41

I'd say we'll see the results after the new CEO starts on 1 May. Gives him a good reason to talk to Proactive etc

[pigeons] 22/4/2024 02:36

COPPER ATH
NEW CEO
WORLD GROWTH [Likely]
NORTH ZONE NEWS DUE

could see big move this week

[buttyboy] 21/4/2024 11:13

I would hazard a guess and say tomorrow. Start the week with good news so the analysts and sales can maximise the traction.

[buttyboy] 21/4/2024 11:12

I would say so calmtrader, unless they are drilling the holes with a corkscrew!

[calmtrader] 21/4/2024 10:15

Must be due the NCZ no.3 news any day now..

[j5thumbs] 19/4/2024 09:24

Kennyp52, La plus ça change …. The suits nearly always seem to run a perfectly good business into the ground within 24 months of having bought it out. Old skool definitely has its merits.

[buttyboy] 19/4/2024 09:07

Perhaps I have led a sheltered life, trader. When I ran company's all my committees had to comprise an odd number of people and 3 was too many!

[trader465] 19/4/2024 08:24

“From a governance point of view, he ain't going to be submitting invoices for his private company-related work”

I suspect you have led a sheltered life? This is exactly how these fellas make money, invoices are routinely passed back and forth under the table, did you not know this?

[buttyboy] 19/4/2024 08:17

trader465, I reckon the AYM package will comprise salary and share options. A typical salary package for this role with a micro cap company in the UK could be anything from £120,000 to £180,000 and how he structures receiving that will be between him and the company. Someone yesterday sent a link to recent Companies House documents showing transfer of shares for his company so perhaps he was getting his "office" in order prior to this role being made public; and this could also explain the delay in his appointment ..... OR, he just might have been busy and preoccupied with other work commitments. The big upside for him will be the shares package and that is what generally incentives someone; if you don't get results then that package is as good as worthless. From a governance point of view, he ain't going to be submitting invoices for his private company-related work; if so, that has to be publicly disclosed and then there will be a fanfare!

[trader465] 19/4/2024 07:08

I’d say the new man will be rigorously firing invoices to AYM shareholders, his new appointment should double the income for his consultancy business. Keep the gravy train rolling

[buttyboy] 18/4/2024 23:07

I know I have been quite sceptical of this management in the past but this could be a turning point. As previously pointed out, I have my doubts on grade and some of the underlying environmental issues, but this new helmsman might see things different and that is his entitlement. Let's give him a chance (I note his term doesn't start until May 1st) and see how it pans out. He will have his work cut out (all CEO's do) but because he owns a consultancy company should not be seen as a negative stance.

[kennyp52] 18/4/2024 22:32

Pmsl trader465 .. husband and wife business .. just the 2 employees .. transformational appointment for AYM .. or just a nice little 1 day a week consultancy fee ? Sorry .. can’t get excited with this nonsense

[trader465] 18/4/2024 12:33

I’d say even Kooba has more cash than MarsdenGray