Anglesey Mining Share Discussion Threads

[spacedust] 23/11/2020 08:29

Needs to get past 3p first....maybe this week

[sabaka owner] 20/11/2020 21:30

30p is written all over this share which is as cheap as chips. Vgla

[spacedust] 20/11/2020 16:27

One more push to finish blue

[spacedust] 20/11/2020 14:00

No need the share price is doing a lot of the talking

[gimmetheloot] 20/11/2020 12:01

Speak to the co

[benjamin15] 20/11/2020 11:46

How do you know that?

[gimmetheloot] 20/11/2020 11:28

Draft report was received around 10 days ago :-00)

[trader536] 20/11/2020 11:08

It's only "expected" to be complete by end of month.

That doesn't mean they will release it. There may be meetings and lunches to discuss it amongst themselves before the put the information in the public domain.

It's far too early to be getting yourself excited.

[spacedust] 20/11/2020 09:33

Ok. Hope you're right for all of our sakes. Just get the feeling there will be delays......

[gimmetheloot] 20/11/2020 09:29

That’s for theLIM iron ore project that’s end of the year but the main one AYM Anglesseymis end,of the month.

[spacedust] 20/11/2020 09:17

Did you eveb read your own post fully?

In aim always take the later date

[spacedust] 20/11/2020 09:16

Yes but read half way down on your very post.


'The PEA is expected to be completed before the end of 2020.'

[gimmetheloot] 20/11/2020 09:09

Space dust

Have you been to school? Can you read?

As a result of the QME work it is expected that the planned production rate of
1,000 tonnes per day utilised in 2017 will be expanded, and that the projected
mine life of just 8 years will be significantly extended.

In preparing the PEA, Micon will review all the QME work including capital and
operating cost estimates, ore-body modelling and mine production planning. It
is intended that Micon will evaluate several separate development scenarios
based on the various ore zones available for mining and on differing production
rates to best optimise the assets at Parys Mountain. Micon will incorporate
the results into detailed production and financial models to produce
comprehensive and compliant reports that will be in a form that can be publicly
released. It is expected that the PEA will be finalised by the end of
November.


What does the last word read?

[spacedust] 20/11/2020 09:05

End of 2020 and not end of this month

[gimmetheloot] 20/11/2020 08:43

hxxps://qme.ie/contract-mining/

These guys have first option to earn in on a JV so no dilution.

[gimmetheloot] 20/11/2020 08:41

RPA is a world-leading mining advisory business with offices in Toronto,
Denver, and London. RPA is uniquely qualified to carry out this work as it has
extensive relevant iron ore experience on many projects in Canada (including
Schefferville and Labrador) and in other parts of the world. In 2019, RPA was
acquired by SLR, a global leader in environmental and advisory solutions.

The Houston property is situated in Labrador about 20 km southeast of the town
of Schefferville. Together with the Malcolm Deposit, considered to be its
northwest extension, the Houston deposits are estimated to contain a resource
of 40 million tonnes grading 57.6% iron ("Fe"). LIM has identified a
higher-grade component of this resource on which the initial mine plan will
focus.

Four open pits would be developed sequentially to produce 2 million tonnes per
year of direct shipping iron ore (lump, sinter) over a 10 year mine-life
period. The current development plan for Houston is based on dry crushing and
screening only and envisages an anticipated mining rate of 10,000 tonnes per
day. The Houston deposits also contain harder ore than the prior James mine and
are anticipated to produce a larger proportion of premium lump product.

The PEA is expected to be completed before the end of 2020.

Stronger Iron Ore Markets

For the past two years the iron ore price has persistently exceeded US$100 per
tonne (62% Fe/CFR China). This has been a function of both supply disruptions
but also steady and increasing demand from China, which shows no signs of
declining.

At the beginning of 2019 the iron ore price stood at around US$70 per tonne,
and rose to a 5 year high of US$126 per tonne in early July 2019, before
falling back in the second half of the year to a US$85-US$90 per tonne range.
In January 2020, the price temporarily declined to approximately US$80 per
tonne, due to the initial impact of the Covid-19 pandemic, which caused a
short-term curb in China's steel production due to public health measures.

[gimmetheloot] 20/11/2020 08:40

Read trader


As a result of the QME work it is expected that the planned production rate of
1,000 tonnes per day utilised in 2017 will be expanded, and that the projected
mine life of just 8 years will be significantly extended.

In preparing the PEA, Micon will review all the QME work including capital and
operating cost estimates, ore-body modelling and mine production planning. It
is intended that Micon will evaluate several separate development scenarios
based on the various ore zones available for mining and on differing production
rates to best optimise the assets at Parys Mountain. Micon will incorporate
the results into detailed production and financial models to produce
comprehensive and compliant reports that will be in a form that can be publicly
released. It is expected that the PEA will be finalised by the end of
November.

[benjamin15] 20/11/2020 08:12

Check the Rns's all in there

[trader536] 19/11/2020 20:47

Where does it say in which month each of the reports are due??? I'm intrigued.

[gimmetheloot] 19/11/2020 20:25

Wait for the 2 PEA reports the one in Anglesey due this month and Labrador PEA next month

[spacedust] 19/11/2020 12:59

When do we think the penny will drop?

[gimmetheloot] 18/11/2020 23:33

The penny hasn’t dropped here yet but Im sure when it does the herd will be all over this

[gimmetheloot] 18/11/2020 23:33

So this is a win win situation for AYM. QME does all the work up to production for a 30% earn in and no dilution for AYM. Labrador to resume production for exporting its iron ore. This only stopped due to low iron ore prices and we have to Sweden grasenberg iron ore option if we want to excercise.

THIS IS A £50M market cap co and we sit at £5M today. Welsh gold sells at a premium I hear.....

[trader536] 18/11/2020 11:56

Extreme Archaeology Parys Underground Part 1 of 4


Extreme Archaeology Parys Underground Part 2 of 4


Extreme Archaeology Parys Underground Part 3 of 4


Extreme Archaeology Parys Underground Part 4 of 4