Anglesey Mining Share Discussion Threads

[laserdisc] 26/11/2013 20:39

hi havenpoint like you i have considerable holding i too would like to see some director buying i think they have a stand at mines & money next week for a few days perhaps we can ask on this board anyone attending i will put up the link later.

reason i mention morgan stanley is that they were a large investor here some years ago
again lim being kept in a range m/s constantly loading the bid just examples of todays same has happened last few days see prev posts
15:58:52 T 0.21 -0.005 45,000 53 Morgan Stanley 33 Canaccord K
15:57:54 T 0.205 -0.01 250 132 Acker Finley 39 Merrill Lynch
15:56:09 T 0.205 -0.01 200 132 Acker Finley 9 BMO Nesbitt
15:55:52 T 0.21 -0.005 8,500 53 Morgan Stanley 7 TD Sec K
15:55:37 T 0.21 -0.005 4,500 53 Morgan Stanley 7 TD Sec K
15:55:32 T 0.21 -0.005 7,000 53 Morgan Stanley 7 TD Sec K
15:55:01 T 0.205 -0.01 7,500 53 Morgan Stanley 19 Desjardins K

15:19:01 T 0.21 -0.005 1,000 53 Morgan Stanley 33 Canaccord
15:18:46 T 0.21 -0.005 1,500 53 Morgan Stanley 33 Canaccord
15:18:31 T 0.21 -0.005 1,000 53 Morgan Stanley 33 Canaccord
15:18:16 T 0.21 -0.005 500 53 Morgan Stanley 33 Canaccord
15:18:16 T 0.21 -0.005 500 53 Morgan Stanley 132 Acker Finley
15:18:01 T 0.21 -0.005 1,500 53 Morgan Stanley 33 Canaccord
15:17:46 T 0.21 -0.005 500 53 Morgan Stanley 33 Canaccord
15:17:46 T 0.21 -0.005 500 53 Morgan Stanley 132 Acker Finley
15:17:30 T 0.21 -0.005 500 53 Morgan Stanley 33 Canaccord
15:17:30 T 0.21 -0.005 500 53 Morgan Stanley 132 Acker Finley

[havenpoint] 26/11/2013 20:28

It would be nice to know if there was any of us shareholders who has the ability to exercise influence with the BOD to tell them how we feel and how disappointed we are to see the share price at an all time high crash to an all time low and with no RNS or any positive news we are likely to flounder at this level for some considerable time. But I do really feel we need to voice our opinion in the strongest terms. I would be tempted to invest further funds at this level but I am lacking confidence on the BOD's ability and willingness to improve the situation.

[laserdisc] 26/11/2013 15:31

thats good to know rajaster , i have not sold any & presume captj still holding plenty ,i am probably holding same as the capt now there needs to be sellers to make this go lower where are they ?

lim still being supported by morgan stanley
13:40:10 T 0.21 -0.005 13,500 53 Morgan Stanley 46 Richardson
12:12:37 T 0.21 -0.005 500 53 Morgan Stanley 121 Jennings
12:12:07 T 0.21 -0.005 500 53 Morgan Stanley 121 Jennings
12:11:52 T 0.21 -0.005 500 53 Morgan Stanley 121 Jennings
12:11:22 T 0.21 -0.005 500 53 Morgan Stanley 1 Anonymous
12:11:07 T 0.21 -0.005 500 53 Morgan Stanley 1 Anonymous
12:10:52 T 0.21 -0.005 500 53 Morgan Stanley 1 Anonymous
12:10:22 T 0.21 -0.005 500 53 Morgan Stanley 1 Anonymous
12:10:07 T 0.21 -0.005 500 53 Morgan Stanley 1 Anonymous
12:09:37 T 0.21 -0.005 500 53 Morgan Stanley 1 Anonymous


11:28:14 T 0.21 -0.005 22,000 7 TD Sec 2 RBC
11:28:02 T 0.21 -0.005 500 53 Morgan Stanley 2 RBC
11:27:32 T 0.21 -0.005 500 53 Morgan Stanley 2 RBC
11:27:17 T 0.21 -0.005 500 53 Morgan Stanley 2 RBC
11:27:02 T 0.21 -0.005 500 53 Morgan Stanley 2 RBC
11:26:47 T 0.21 -0.005 500 53 Morgan Stanley 121 Jennings
11:26:17 T 0.21 -0.005 500 53 Morgan Stanley 121 Jennings
11:26:02 T 0.21 -0.005 500 53 Morgan Stanley 121 Jennings
11:25:47 T 0.21 -0.005 500 53 Morgan Stanley 121 Jennings


10:59:29 T 0.21 -0.005 500 53 Morgan Stanley 79 CIBC
10:59:14 T 0.21 -0.005 500 53 Morgan Stanley 79 CIBC
10:58:29 T 0.21 -0.005 500 53 Morgan Stanley 79 CIBC
10:57:59 T 0.21 -0.005 500 53 Morgan Stanley 79 CIBC
10:57:43 T 0.21 -0.005 500 53 Morgan Stanley 2 RBC
10:57:28 T 0.21 -0.005 500 53 Morgan Stanley 2 RBC
10:57:13 T 0.21 -0.005 500 53 Morgan Stanley 2 RBC
10:56:58 T 0.21 -0.005 500 53 Morgan Stanley 2 RBC



10:26:09 T 0.21 -0.005 500 53 Morgan Stanley 121 Jennings
10:25:54 T 0.21 -0.005 500 53 Morgan Stanley 121 Jennings
10:25:39 T 0.21 -0.005 500 53 Morgan Stanley 121 Jennings
10:25:24 T 0.21 -0.005 500 53 Morgan Stanley 121 Jennings
10:25:09 T 0.21 -0.005 500 53 Morgan Stanley 121 Jennings
10:24:54 T 0.21 -0.005 500 53 Morgan Stanley 121 Jennings
10:24:09 T 0.21 -0.005 500 53 Morgan Stanley 121 Jennings

10:21:39 T 0.21 -0.005 500 53 Morgan Stanley 121 Jennings
10:18:23 T 0.21 -0.005 500 53 Morgan Stanley 121 Jennings
10:17:23 T 0.21 -0.005 500 53 Morgan Stanley 121 Jennings
10:17:08 T 0.21 -0.005 500 53 Morgan Stanley 121 Jennings
10:15:08 T 0.21 -0.005 500 53 Morgan Stanley 121 Jennings
10:14:38 T 0.21 -0.005 500 53 Morgan Stanley 121 Jennings
10:12:53 T 0.21 -0.005 500 53 Morgan Stanley 121 Jennings
10:12:53 T 0.21 -0.005 500 53 Morgan Stanley 132 Acker Finley

10:10:52 T 0.21 -0.005 500 53 Morgan Stanley 121 Jennings
10:10:07 T 0.21 -0.005 500 53 Morgan Stanley 121 Jennings
10:09:52 T 0.21 -0.005 500 53 Morgan Stanley 121 Jennings
10:09:37 T 0.21 -0.005 500 53 Morgan Stanley 121 Jennings
10:09:22 T 0.21 -0.005 500 53 Morgan Stanley 121 Jennings
10:09:07 T 0.21 -0.005 500 53 Morgan Stanley 121 Jennings
10:08:52 T 0.21 -0.005 500 53 Morgan Stanley 121 Jennings
10:08:52 T 0.21 -0.005 500 53 Morgan Stanley 132 Acker Finley
10:08:37 T 0.21 -0.005 500 53 Morgan Stanley 121 Jennings
10:08:22 T 0.21 -0.005 500 53 Morgan Stanley 121 Jennings

[rajaster] 26/11/2013 09:28

5 year low, 4p held by the skin of teeth, I've added some more at these prices. could be the last batch I buy now as if it 4p breaks i'm not willing to add again as who knows where it will stop after that.
Be interested to know what new projects are being sought by management of AYM, there will be another load up rinse by these numptys at some point(pump and dump crews), so patiently hold on, the weekly MA is now around 12p, still 3 bag from current area.

[laserdisc] 25/11/2013 17:24

hxxp://www.republicofmining.com/2013/11/12/iron-ore-is-hot-right-now-by-bloomberg-news-national-post-november-11-2013/

io presently $136 less say $20 for lim so lim actually should be getting $116 based on what they received in the prev shipments

morgan stanley have started to support lim again
12:12:37 T 0.21 -0.005 500 53 Morgan Stanley 121 Jennings
12:12:07 T 0.21 -0.005 500 53 Morgan Stanley 121 Jennings
12:11:52 T 0.21 -0.005 500 53 Morgan Stanley 121 Jennings
12:11:22 T 0.21 -0.005 500 53 Morgan Stanley 1 Anonymous
12:11:07 T 0.21 -0.005 500 53 Morgan Stanley 1 Anonymous
12:10:52 T 0.21 -0.005 500 53 Morgan Stanley 1 Anonymous


12:08:54 T 0.21 -0.005 1,000 53 Morgan Stanley 1 Anonymous
12:08:39 T 0.21 -0.005 500 53 Morgan Stanley 1 Anonymous
12:08:24 T 0.21 -0.005 1,000 53 Morgan Stanley 1 Anonymous
12:08:09 T 0.21 -0.005 500 53 Morgan Stanley 1 Anonymous
12:07:54 T 0.21 -0.005 1,000 53 Morgan Stanley 1 Anonymous
12:07:38 T 0.21 -0.005 500 53 Morgan Stanley 1 Anonymous
12:07:23 T 0.21 -0.005 1,000 53 Morgan Stanley 1 Anonymous
12:07:08 T 0.21 -0.005 500 53 Morgan Stanley 1 Anonymous

edit further example
13:24:33 T 0.21 -0.005 1,000 53 Morgan Stanley 99 Jitney
13:10:09 T 0.205 -0.01 1,000 2 RBC 2 RBC
13:07:23 T 0.205 -0.01 1,000 2 RBC 2 RBC
12:37:13 T 0.21 -0.005 1,000 53 Morgan Stanley 1 Anonymous
12:36:58 T 0.21 -0.005 500 53 Morgan Stanley 1 Anonymous
12:36:43 T 0.21 -0.005 1,000 53 Morgan Stanley 1 Anonymous
12:36:28 T 0.21 -0.005 500 53 Morgan Stanley 1 Anonymous
12:36:13 T 0.21 -0.005 500 53 Morgan Stanley 1 Anonymous
12:35:58 T 0.21 -0.005 1,000 53 Morgan Stanley 1 Anonymous
12:35:43 T 0.21 -0.005 500 53 Morgan Stanley 1 Anonymous

12:06:53 T 0.21 -0.005 1,000 53 Morgan Stanley 1 Anonymous
12:06:23 T 0.21 -0.005 1,000 53 Morgan Stanley

14:25:39 T 0.21 -0.005 1,000 53 Morgan Stanley 33 Canaccord
14:25:24 T 0.21 -0.005 1,500 53 Morgan Stanley 33 Canaccord
14:25:09 T 0.21 -0.005 1,000 53 Morgan Stanley 33 Canaccord
14:24:54 T 0.21 -0.005 1,000 53 Morgan Stanley 33 Canaccord
14:24:39 T 0.21 -0.005 1,000 53 Morgan Stanley 33 Canaccord
14:24:24 T 0.21 -0.005 1,000 53 Morgan Stanley 33 Canaccord
14:24:09 T 0.21 -0.005 1,000 53 Morgan Stanley 33 Canaccord
14:23:54 T 0.21 -0.005 500 53 Morgan Stanley 33 Canaccord
14:23:54 T 0.21 -0.005 1,000 53 Morgan Stanley 33 Canaccord
14:23:39 T 0.21 -0.005 1,000 53 Morgan Stanley 33 Canaccord

14:30:55 T 0.21 -0.005 1,000 53 Morgan Stanley 33 Canaccord
14:30:40 T 0.21 -0.005 1,000 53 Morgan Stanley 33 Canaccord
14:30:25 T 0.21 -0.005 1,000 53 Morgan Stanley 33 Canaccord
14:30:10 T 0.21 -0.005 1,000 53 Morgan Stanley 33 Canaccord
14:29:55 T 0.21 -0.005 1,000 53 Morgan Stanley 33 Canaccord
14:28:40 T 0.21 -0.005 1,000 53 Morgan Stanley 33 Canaccord
14:28:25 T 0.21 -0.005 1,000 53 Morgan Stanley 33 Canaccord
14:28:10 T 0.21 -0.005 1,000 53 Morgan Stanley 33 Canaccord
14:27:55 T 0.21 -0.005 1,500 53 Morgan Stanley 33 Canaccord
14:27:40 T 0.21 -0.005 1,000 53 Morgan Stanley 33 Canaccord

15:02:44 T 0.21 -0.005 2,000 53 Morgan Stanley 1 Anonymous
14:53:58 T 0.21 -0.005 1,000 53 Morgan Stanley 7 TD Sec
14:53:43 T 0.21 -0.005 1,000 53 Morgan Stanley 7 TD Sec
14:53:28 T 0.21 -0.005 1,500 53 Morgan Stanley 7 TD Sec
14:53:13 T 0.21 -0.005 3,000 53 Morgan Stanley 7 TD Sec
14:52:43 T 0.21 -0.005 1,000 53 Morgan Stanley 79 CIBC
14:52:28 T 0.21 -0.005 1,000 53 Morgan Stanley 79 CIBC
14:52:13 T 0.21 -0.005 1,500 53 Morgan Stanley 79 CIBC
14:51:58 T 0.21 -0.005 1,000 53 Morgan Stanley 79 CIBC
14:51:43 T 0.21 -0.005 1,000 53 Morgan Stanley 79 CIBC
14:49:57 T 0.21 -0.005 1,000 53 Morgan Stanley 79 CIBC

[laserdisc] 25/11/2013 16:33

long term liabilities £2.4m loan from Juno bam bam are based on the security of Parys, so in view that they were originally offered £13.5 m from western metals some years ago one would of thought that someone would buy at a 50% discount to book value presently £15m in these latest accounts, they have 11m of tax losses to cfwd also which are worth something for future use in a cash generating project

[bam bam rubble] 25/11/2013 15:38

Market cap still looks weighty here

LIM investment now worth just 1.4p per share (£2.2m)
Parys uneconomic at current prices, negligible value
£0.4m cash at Sep 2013. Long-term liabilities -£2.4m

[laserdisc] 25/11/2013 09:48

i have had a look at lims balance sheet it still has good assets & licences for a couple more decent deposits valuing at $300m take off the payables say $60m left with $240m ,discount that by 50% you have $120m which is 4 times the current mkt cap, tata are still to inject the 25m cash for howse i see that as contribution for the start up in 2014 but think we will get a better idea of financials on next 1/4

[captj] 25/11/2013 09:44

So LIM needs large chunk to open its doors at start of season by which time AYM also going to need cash. Sell LIM to TATA sell Pary's to anybody who will take it and put the money on red 50:50 chance then of getting something back. Guess they would need to find another more suckers to keep paying their salaries.

[laserdisc] 25/11/2013 09:33

book value of Parys after paying off Juno still around 13m & presently add 2.5m for lim @ 20c plus 400K cash we presently have total assets £15.5m the 4p share price presently discounts all assets by at least 50%, as present mkt cap showing on my screen as £6.82m the 400k of cash they have will certainly see them through another 12/18mths as cash burn not intense.
You will see an increase in share price if metal prices do infact rise ,still possibilities for the lim investment tata may take further interest in lim ,may be just a paper offer & merge into nml just a waiting game , the tata nml dso project will not be getting commisioned at least till oct 2014,if Tata want to produce dso in interim the will have to lease the mobile processing equip , i cannot understand why lim don't just sell the ore to tata for european markets

[varies] 25/11/2013 09:25

Bodgit
My position is the same as yours and the news here is so depressing that I feel tempted to bail out. Having done so with 2 other losers in the last few months (AMP and PAL), I have had the galling experience of seeing each of them double or more overnight on developments I had not foreseen.
My AYM shares being in an ISA, the loss is of no use for tax against gains made elsewhere and so I shall hang on. Perhaps TATA will take over LIM; we must hope for something.
As for Parys, I regard this project as worthless and just an excuse for our directors to pay themselves a salary.

[laserdisc] 25/11/2013 09:18

proactiveinvestors.co.uk say this morning aym expect lead & zinc price upturn
hxxp://www

[bodgit] 25/11/2013 08:00

Well the results were about as expected - not good. Am now 60% underwater with these so its time either to quit or bottom drawer these. Decisions decisions. Good luck all.

[hyper al] 25/11/2013 07:20

News from WLFE today

""The process of acquiring these properties has been a prime focus for the Company since acquiring the project, recognising the sensitivities that are obviously present when working with the local community and we are very pleased to have finalised the contract for the purchase of the last property. This is a pre-requisite to building the Hemerdon project and is a key milestone in the advancement of what will be Britain's first metal mine for 45 years""

Parys decades on and still not mined, maybe WLFE will buy us in 20 years time!

[andy] 22/11/2013 23:58

Retired to Rhyl?

Poor guy!

Only kidding folks!

LIM news very disappointing, amd with a decent IO price. Let's hope Io price doesn't fall or costs increase!

[laserdisc] 20/11/2013 08:06

BID L2 on l2 a 500k has appeared
it may mean little, as it could dissapear as quickly as it arrived, but despite calling this down there appears to be not enough sellers to take it lower it will not be the trades that help to take it lower it will be sentiment of mm
spread 12.5%
07:55
4
40,000
WINS
07:30
4
500,000
07:51
3.75
40,000
PEEL
07:52
3.5
40,000
Depth18


offer

4.5
40,000
BMCM
07:53
4.5
40,000
PEEL
07:52
4.5
40,000
SCAP
07:47
4.5
40,000
WINS
07:30
4.75
40,000
CANA
07:51

[captj] 19/11/2013 09:06

Al - That would require BOD to actually have any consideration for shareholders something which has become grossly apparent they have not. Was here also before LIM, as was Laser and a few others as you know, and when LIM came along it did look like the golden goose but Pary's has never happened and gold has been of the fools variety but do still think it could be turned around but doubt by this BOD who seem to have become rabbit stuck in the headlights and content to let the tail wag the dog.

[captj] 19/11/2013 05:19

Reading all these Laser would suggest that everyone thinks the BOD are dithering and in case of Pary's downright uneconomical with the truth. 2014 is round the corner and lack of clarity on plans moving forward seem to be highlighted in every report which doesn't exactly show the BOD in good light as successful operations have a plan for years ahead not groping in the dark as to what to do next week or next month. As I mentioned before the large holders must be taking a bath presently as money raised was at a substantially higher buy in level and surprised that these guys who you would expect to be financially astute are not on top of BOD and pushing for change. At this level of management the lack of perceived planning and decision making going forward is shocking especially when a bit of foresight would at least give the impression they are organised and know what they are doing. Have to be hopeful though nothing here to suggest a reason I should be other than possible increased TATA involvement or potential sale of Pary's as these guys are never going to mine it and have cried wolf to many times to be believed.

[laserdisc] 18/11/2013 21:41

Scotia edge various co lim page 75

[laserdisc] 18/11/2013 20:48

post 2573 cannacord report on lim
&
here is dejardins raymond james & mcq latest reports


Thanks rajaster for the chart , DESJARDINS indicates some sort of finance asset sale or whatever presently being sort