Anglesey Mining Share Discussion Threads

[rrr] 31/7/2019 13:14

Thanks calmtrader.

[calmtrader] 31/7/2019 12:36

Just posted on proactive investorshttps://www.proactiveinvestors.co.uk/companies/amp/news/224774?__twitter_impression=true

[rrr] 31/7/2019 11:34

Report out. A long read. Progress but slow. Includes [my bold]:

"It was originally envisaged that the QME Optimisation Study would be completed
by the end of June 2019. The preliminary phase of the exercise has been
completed. The QME studies have suggested that the project can be further
improved if the mineable tonnage can be increased. QME has suggested that
additional studies are carried out and this second stage of the process remains
ongoing.

These additional studies will look at utilising some of the inferred resources
into the mining plan, continuing review of cut-off grades and use of updated
metal prices and it is expected that this will generate a significant increase
of tonnage in the mineable tonnage in any future 2019 mining model. While the
inclusion of inferred resources does not meet the strict criteria for
feasibility studies used by banks for loan evaluation, given the detailed
geological knowledge of Parys Mountain now available it is useful to include
some of this inferred resource for comparative financial modelling.

It is now expected that these additional studies will be completed by the end
of 2019 and, subject to financing being available, would then form the basis
for commissioning of an updated scoping study or preliminary feasibility study."

[trader365] 22/7/2019 19:04

LIM delisted from the TSX in 2015

Voluntary Delisting from the TSX
LIM anticipates that due to its financial condition it will no longer meet the minimum continuing listing criteria of the
Toronto Stock Exchange (the “TSX”). Accordingly, to save the substantial listing costs associated with a TSX
listing and to maintain restructuring flexibility, LIM has filed an application to voluntarily delist its shares and
warrants from the TSX, effective immediately. LIM intends to seek a new stock exchange listing on either the TSX
or an alternative stock exchange at the appropriate time.

[kermat] 19/7/2019 15:38

Yes, with iron ore so strong, you would hope LIM are looking to restart next year

[calmtrader] 18/7/2019 13:22

I'm also expecting some news on the Iron ore assets

[rrr] 18/7/2019 10:12

Looking forward to the optimisation study news when it arrives, let's hope soon!

[trader365] 12/7/2019 15:26

red - why release a RNS saying 'no news yet'? The optimisation Study may be still ongoing. If they release a RNS saying 'The optimisation Study is delayed' the share price will likely tank.

After the company receives the completed study there'll be a need for meetings and lunches to decide the best course of action. I'd guess we'll hear something within the next few weeks.

[red army] 11/7/2019 11:46

trader365 - yes BUT they should make that point to the market.

[rrr] 12/6/2019 11:52

Yes good point trader.

[trader365] 12/6/2019 00:55

The entire Optimisation Study may be completed by the end of June 2019 but the company may not be in a position to report until August/September. Anyone who has followed this company for any period of time will know that they dont rush with regulatory statements.

I note the spread was being played about with during the last week, but I'll sit tight for now.

[rrr] 10/6/2019 09:43

Update on Parys Mountain Optimisation Study
Jan 2019

"The original timetable was for the entire Optimisation Study to be completed by the end of June 2019 and this target still appears to be quite achievable."

Not long now then if this goes to plan.

rrr

[calmtrader] 22/5/2019 08:02

Iron Ore asset must be looking interesting now

[red army] 30/4/2019 16:10

Price should rise steadily before then in anticipation.

[trader365] 30/4/2019 15:08

Patience required here, the big news not due until July ish

"The original timetable was for the entire Optimisation Study to be completed by
the end of June 2019 and this target still appears to be quite achievable"

[red army] 30/4/2019 14:15

Been adding myself a few time this pm in anticipation of news release soonish

[no1larafan] 30/4/2019 11:10

Added a few more, exciting times ahead? Who knows?

[rrr] 29/4/2019 09:30

Yes, a sign of support from institutions which is good.

[crystball] 29/4/2019 08:25

There was a placing RNS this morning. Not a large placing but may renew interest here.

[calmtrader] 06/3/2019 10:37

I added 25k today

[noccer] 06/3/2019 10:04

Following on from the question on my previous post - Ivan Glasenberg (CEO Glencore) has provided the answer as he talks about the shrinking metal stockpiles at LME, Comex, and SHFE.

[trader365] 25/2/2019 13:09

Copper on the rise
hxxp://www.infomine.com/investment/metal-prices/copper/6-month/