Anglesey Mining Share Discussion Threads

[diesel] 02/8/2015 13:11

I don't see any value ever being realised here, no point in a fundraising, it will only go on director fees for another few years of promises.

[buywell2] 02/8/2015 11:46

A tip from ff I received


freddie ferret 31 May'12 - 18:27 - 72031 of 72036

buywell2.
Being the bottom picker you are, two shares I would consider adding to your list if I was you are AYM and YELL.







My reply in 2012 on Hyper al thread was

I pass


free stock charts from uk.advfn.com

[andy] 31/7/2015 17:40

knicol46,

"Included in this year's figure was GBP167,256 in respect of expenses in connection with the acquisition of the Grangesberg investment (2014 - nil). "

---

So realistically they are burning £188,000 PA,or around £500 per day.

Given the year end was 122 days ago, I guess around £60,000 could already have been burned, so not a great deal possibly remaining in the kitty at this point.

A fire sale financing looks on the cards, but at what price could they get it away at?

0.05p at best, IMO.

Very sad, I always anted to see Parys Mountain brought back into production, but I guess Anglesey won't be the one to do it.

[andy] 31/7/2015 17:22

sleveen,

Exactly!

Quite disgraceful, this practice should be stopped.

They need to introduce a rule regarding results coming out at 7 am only.

Anglesey looks doomed now, IMO.

[batham1] 31/7/2015 17:15

Well that's rather spoilt the start of the weekend! Monday morning would have been preferable.

[sleveen] 31/7/2015 16:46

Stereotypical Friday pm RNS, I'm surprised they didn't wait till after 4.30pm.

[knicol46] 31/7/2015 16:12

Share Price collapsing..

Given the cash position of the group at the year end, the net current assets of £6,293, the net cash outflows since the year end, and the projected net cash outflows for the net 12 months there is a potential material uncertainty that the group does not have sufficient cash or other financial resources to continue in operation for at least 12 months from the date of authorising these financial statements.

[tr4der1] 14/5/2015 18:28

Set limit sell just to stop shorters getting their hand on your shares and use it against you

[marth] 14/5/2015 13:28

In fact the website states:

"Until June 2015, Anglesey has control and an option to acquire 51% of the project."

and

"At the same time we negotiated a 12 month option to acquire 51% of the enlarged share capital of GIAB for the issue of new ordinary shares of Anglesey to the value of US$1.75 million priced at a minimum of 3.375 pence per share"

So are we seeing either a fortuitous blip to 3.375p or the effect of rising zinc prices?

[rajaster] 14/5/2015 12:58

So they are not going ahead with grasberg but trouble is they arnt doing much with parys and are in need of cash. What will they do with parys.. whys this moving up?

[marth] 14/5/2015 12:20

Good point - from the 29/5/14 RNS:

"At the same time Anglesey has negotiated a 12 month evaluation option to acquire 51% of the enlarged share capital of GIAB for the issue of new ordinary shares of Anglesey."

[noccer] 14/5/2015 12:09

Doesn't Grangesberg option expire in 2 weeks?

[batham1] 14/5/2015 10:21

Something brewing again?....think I'll put the kettle on!

[calmtrader] 11/5/2015 13:35

i reckon they will sell parys and probably get +$10m for it

[caveat_emptor] 11/5/2015 10:35

Merging some of their companies' zinc exploration interests?

[noccer] 11/5/2015 09:41

Still pretty small value. Hopefully zinc resuming its upward trend after China stimulus.

[calmtrader] 11/5/2015 08:51

Somethings brewing

[laserdisc] 01/5/2015 11:16

correct was a 250k trade yesterday on isdx but could have been a sell , i also dont see any reason to invest here presently diesel. Spread :42.86% now
i am in bacanora so pleased with that one,...ref HUR which i mentioned on this board previously i have accumulated a largish for me holding on that shetlands oiler, looks v promising now crystal amber increased to just under 10%
brent also improving, they will have farmout by end of year or sooner
16p to buy not a short term thing, but i continue buying.
hur assets are immense dyor but pretty confident from these levels
good luck with your investing just an interest really for me all these shares i am a longer term investor

[diesel] 01/5/2015 10:04

I wouldn't read anything into it, a couple of trades for hundreds of £'s, and we still have a spread of 30%.!

[calmtrader] 01/5/2015 09:49

Selling Parys i would have thought

[calmtrader] 01/5/2015 09:49

Selling Parys i would have thought

[batham1] 01/5/2015 09:22

Moving up at last! Is something happening or about to?

[laserdisc] 22/4/2015 20:27

yes
i just keep looking now for zinc-levered base metals producers which could give value next year griffin could be one

[bodgit] 22/4/2015 19:59

Thanks laserdisc. I assume there is no value in LIM left for us, or am I reading the runes incorrectly? Good luck all.