Anglesey Mining Share Discussion Threads

[pistolpete100] 10/11/2020 10:12

Think this breaks resistane in next couple of days...

[wassapper] 08/11/2020 20:57

Worth accumulating calm.

[calmtrader] 08/11/2020 16:45

I expect this to really start to motor in the next week

[calmtrader] 06/11/2020 11:30

Copper on a run this PEA is going to be huge

[calmtrader] 04/11/2020 08:51

Now worth £900k..total AYM market cap £3.6m!!!

[calmtrader] 03/11/2020 07:55

Labrador up 92% yesterday given AYM 12% holding worth approx £775k..so you get Parys for £2.75m!!..

[wassapper] 02/11/2020 10:05

The PEA being prepared by Micon will incorporate the outcomes from this QME
work. We are informed by Micon that progress on the PEA is well advanced and we
are hoping to make a detailed release on the results of the PEA before the end
"of this year. "

[calmtrader] 01/11/2020 11:21

It's approx £375k I.E. Labrador share in issue 163m *$0.025 *12% /1.30(fx rate)....can see this rapidly increasing as we near PEA and this is just one of Labrador assets!! Last time they were in full production share price reached $c13..

[euclid5] 30/10/2020 20:55

anyone have a rough value / NPV on their 12% stake in the Labrador Iron Mines Holdings?

[wassapper] 30/10/2020 09:43

A very positive RNS. I think at last we will see some progress here. 10% of LIM gives them a roughly $20m pa beneficial share of the revenue.

Parys PEA appears to be going well and "more acquisitions" is interesting.

[gimmetheloot] 30/10/2020 08:19

AMC just bought a producing Iron ore asset and then struck a deal with Glencore to supply them with Iron ore. Prices are going one way.

[gimmetheloot] 30/10/2020 07:18

Massive RNS this morning whoop whoo !!

[hyper al] 21/10/2020 09:34

Still miles from the copper, but all that Zinc containing white rock could be extracted while digging a drive, well that was what we were told 'once upon a time'

[wassapper] 21/10/2020 09:13

Parys Mountain property hosts a significant polymetallic zinc, copper, lead, silver and gold deposit. The site has a head frame, a 300m deep production shaft and planning permission for operations. The group has freehold ownership of the minerals and surface land. Infrastructure is good, political risk is low and the project enjoys the support of local people and government. An independent JORC resource estimate completed in 2012 by Micon International Limited reported a resource of 2.1 million tonnes in the indicated category at 6.9% combined base metals and 4.1 million tonnes at 5.0% combined base metals in the inferred category, with substantial exploration potential. In July 2017 a new Scoping Study using the 2012 resource estimate was prepared by Micon International Limited and Fairport Engineering Ltd. The Scoping Study demonstrates a viable mine development mining 1000 tpd to produce lead, zinc and copper concentrates and yielding a healthy financial rate of return.

[calmtrader] 21/10/2020 09:12

Yep 100% agree

[gimmetheloot] 21/10/2020 08:30

I called OMI at 4p and it 10 bagged this is the next 10 bagger. We have a medium Size mining operation That is going to be now expanded to Extra extra large with a significant increase in mine life. Yes copper and gold going bananas. Nobody has worked out our interest inGranesberg but it is massive.

[gimmetheloot] 21/10/2020 08:28

Been told by the CFO that the PEA will be done this month whoop whoop. Micon are justnupdatimg the previous one with the data they now have from QME.

[wassapper] 20/10/2020 15:51

Copper really going bananas today!

[gimmetheloot] 20/10/2020 15:49

This was £1 per share back in 2011. We have metal price highs and a resource likely to be 5 to 10 times what we initially thought with a significantly longer mine life.

[gimmetheloot] 20/10/2020 15:45

Mining permit in place so no mining permits needed. Oldest copper mine in the world and the gold in abundance. I believe Welsh gold sells at a premium :-)

[wassapper] 20/10/2020 11:13

Copper going bananas

[wassapper] 19/10/2020 13:03

Heading for 5p. Great asset. UK jurisdiction. PEA being updated and due soon.

[wassapper] 19/10/2020 10:42

If you say so