Anglesey Mining Share Discussion Threads

[no1larafan] 16/8/2017 23:56

That's exactly what I did today, purchased 3 lots of shares today, the pressure is on to open the mine!

[linton5] 16/8/2017 23:38

Worth buying a few here with zinc taking off,surely a big positive for this company

[euclid5] 09/8/2017 21:06

A long-closed Anglesey mine that has deposits of gold and other metals worth about £206.5m

The company called it a "viable project" and is now looking for financial backers to help restart work. It would cost $53m (£40.5m) to reopen the site

large capex - so they will have to farm out the asset or get diluted a bit unless they manage to get Debt finance / convt Bonds

The NPV isn't high considering after you deduct Capex about £160m npv

[calmtrader] 09/8/2017 13:56

interestingly on level 2 there's a buyer bidding 3.00 for 1.5m and 3.25 for 300k

[no1larafan] 09/8/2017 13:39

Typical, it's shown up as a sell!

[no1larafan] 09/8/2017 12:38

Just bought 334844 shares at 3.39p, i'm holding for the long term :-)

[noccer] 09/8/2017 07:56

Zinc now $1.345/lb (scoping study long term prices referred to were $1.35 for Zn and $3 for copper), copper up (now $2.94) and lead up too. Looking good for metals, even iron ore now above $75 (62% CFR china).

[ardtole] 31/7/2017 07:31

no new information though.

[batham1] 31/7/2017 07:22

A nice bit of reading to start the week....The outlook for Anglesey Mining is now brighter than at any time during the last few years

[noccer] 28/7/2017 09:00

That 2nd reference says the mountain in Wales is worth £210M, but the cost of mining is £210M (duh!). No mention of jobs, or possible use of Amlwch port. I am guessing direct shipping from Amlwch is on the cards now that the ore has to be refined in Europe - Avonmouth smelter now being long shut.

[trader365] 27/7/2017 21:55

Couple of links...

hxxp://www.dailypost.co.uk/business/business-news/multi-million-pound-value-anglesey-13375580

hxxp://www.walesonline.co.uk/business/business-news/could-200-million-gold-silver-13377915

[daicaprice] 26/7/2017 12:47

What's going on here then?

DC

[regandharry5] 25/7/2017 10:39

Hi glenbo, SCE at 8.6p,,TOU at 6p, GLR at 1.6p and HNR at 15.8p, Those are my holdings at the moment and buy prices.Looking at halo, mtfb and 88e.

[glenbo1] 25/7/2017 07:00

I owe you a bottle.What stocks would you recommend?

[regandharry5] 24/7/2017 18:43

Remy Martin.

[glenbo1] 24/7/2017 15:50

Reg whats your tipple of choice?

[defcon3] 24/7/2017 15:37

Vs NAV it's priced about right, given the stage of the project, number of years to production and the need for considerable cash along the way. I see many people stating Mcap and NAV should dovetail. Get real..

[regandharry5] 24/7/2017 15:35

Lol,Candy from a baby.

[glenbo1] 24/7/2017 14:53

I shall be magnanimous if I lose.

[thesloth2] 24/7/2017 14:35

14.30. Reg 1 Glen 0

[glenbo1] 24/7/2017 10:42

I would love a wager on us finishing red Incredible statement. Mindless....

[regandharry5] 24/7/2017 10:25

Looks like it'll finish Red.

[pre] 24/7/2017 09:49

Nice 100,000 buy just gone through:


From LSE thread:

AnthonyJames
Posts: 857
Premium Chat Member
Off Topic
Opinion: No Opinion
Price: 5.375
MorningToday 09:46
Missed the RNS first thing but read through it twice. That's a gem of a report and I'm astounded we're not already trading in double figures. Regardless of that, I see this as an opportunity. Once the figures are digested this will look like an incredible price to have bought at. I've not sold a single share today and won't be until I think we're at fair value.

[defcon3] 24/7/2017 09:40

Like I said, Good start, but fully priced at around £10m Mcap for a company with an early stage project