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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Anglesey Mining Plc | AYM | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| -0.07 | -6.42% | 1.02 | 16:35:16 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 1.00 | 0.95 | 1.105 | 1.02 | 1.09 |
| Industry Sector |
|---|
| MINING |
| Top Posts |
|---|
Posted at 23/7/2024 11:03 by trader465 That’s good to know, I’ll test it when I go up there. I note it’s not on the balance sheet so possibly not an AYM asset. |
Posted at 22/7/2024 19:55 by trader465 And if there’s a barrier across the road how does the postman deliver the mail to AYM? Hummm? I may get the chance to speak with the AYM postman/postoffice and ask. |
Posted at 22/7/2024 15:36 by trader465 Yes you maybe correct, I don’t know where the boundary lies.The AYM site appears to be disused. The access road looks blocked with a small barrier. One could easily hop over the barrier under the pretense of losing one’s dog and proceed to take some photographs through the windows and keyholes. |
Posted at 22/7/2024 13:22 by trader465 These properties were sold at AYM post code. Who sold them? |
Posted at 22/7/2024 12:56 by trader465 I will ask if he’s there but I doubt he will be, I don’t think they have any offices on site, just a core logging shed, which is obviously only used when there is drilling going on.Googling the AYM postcode shows there is/was possibly two houses there but they were sold, one in 2018 for £350,000 and another in 2020 for £265,000. Sold by who to who? [...] I was interested to learn that Councillor Derek Owen is using AYM post as his home address. And why is Councilor Derek Owen renting out caravan pitches at £10 per night per pitch on what appears to be AYM land? “It was Derek (the hosts) birthday while we were there and we got an invite to join their friends and family for a buffet” I don’t know if these pictures are of the same car park at AYM postcode, if so it appears to have been resurfaced and had a height restriction imposed. [...] I’m looking forward to booking a £10 pitch for my tent and having an undercover chat with Mr Derek Owen. I wonder if I’ll get an invite to the family Buffett? |
Posted at 15/5/2024 09:07 by mininglamp There has never been a better time for AYM management to do deals than now with commodity prices booming, the silence on their Grangesberg stake is interesting, is this finally about to be monetised ?Copper in the UK is what AYM is all about. The market value of AYM is totally out of kilter to underlying value, at current levels is a great entry point, hence the brokers recent 5p valuation. |
Posted at 13/4/2024 09:10 by buttyboy j5thumbs; Kooba doesn't do "humour"! Kooba seems very supportive of current management/BoD explaining they have experience in this and that and can put the World to rights. FACT: the current BoD are taking the Pi55 out of all shareholders. Here we are having finished the second week in April, Easter has gone, April Fools Day has gone and still no insight who the new CEO is !! I know some shareholders have been here for what might seem like an eternity, some more recent, or, like me, somewhere in between but really, enough is enough.A number of weeks back, before Easter, I was liaising with someone on this thread about my then pending Easter visit to Anglesey. I did so and spent the long weekend there. Apart from visiting the Oyster Catcher restaurant (still no oysters on the menu!) I did drive to the Parys Mt site. I walked around the old oxidised cap of historic mining fame and the only activity I witnessed were dog walkers and some groups riding their mountain bikes over the terrain. I saw the old headframe (hard not to) but I couldn't hear a drill machine churning away (perhaps I didn't listen hard enough) neither could I see any company activity ... it was Easter I suppose. I also saw the old remnants of the tailings settling ponds which I can only assume would be quite acidic; not as acid as nitric but also not wanting to fall in. On my way home, I stopped off at Chester Zoo (had the grand kids in tow) and met Billy the Baboon and Mike the Giraffe and I thought, even if either Billy or Mike could be seconded as an interim CEO, then at least this would generate some news where positive spin could be applied. I think it was kooba who put it to me a couple of weeks or so on this thread, why don't I apply for the position. Am I qualified? YES. Do I want the job? NO. What AYM needs is a younger dynamic and proactive person to lead the charge forward. There are too many worms in the woodwork which are going to pop out every so often, all of which can be overcome but they will cause temporary hurdles. This is what I would do though: 1. The exploration upside of Parys Mt is evident; yes, the CuEq grade thus far is challenging especially when you add in a realistic contingency factor and irrespective of what others state, there are historic and underlying environmental issues. Raise finance (perhaps easier said than done)but with the right person with corporate connections and who can sell sand to the Arabs and ice to the Eskimo's, this is very much doable. Continue drilling to get more infilled resources into the indicated category and perhaps even some current indicated resources into the measured category. Concurrently work on the PFS with an aim to complete during the 4th quarter this year. Liaise with Natural Resources Wales ("NRW") to get grants to clean up the environmental concerns. I understand not all will be the responsibility of the Company but, for example, if those old settling ponds can be cleaned up with non-shareholder money then you are achieving 2 things; less company expenditure, and secondly, you will get the thumbs up from the local population. 2. Apart from NRW, liaise with the local government representatives / MP. Remember, these politicians have the attention span of gnats so you have to be prepared to force feed them but eventually they will swallow. 3. Up the PR and IR machine. 4. Contrary to what I said the other day, perhaps think of spinning Grangesberg off into a NEWCO which can either be IPO'd or RTO'd with AYM certainly in the former case having majority control. This is getting ZERO value right now and as we stand this is unlikely to change. 5. LIO is currently worthless; donate the remaining % ownership to charity and don't forget the gift aid! 6. Keep AYM for Parys Mt and perhaps look at additional Welsh projects, such as gold projects. There are a number of currently private gold ventures looking to access finance and a platform to trade from. AYM, as its name implies, could be a Welsh-only game and then you don't have the complexity and distraction of geographical spread out projects. And, finally, for heavens sake, expedite the appointment of the new CEO and stop taking the Pi55; whether its a Billy or a Mike doesn't really matter! |
Posted at 08/4/2024 23:34 by buttyboy New AYM NED's; are there any new ones? There are 3 directors listed on the website and they are not new! Have they been proactive in financing to date given WHI have raised money at 28% discount to the then market price?Off-take agreements? I think you are putting the cart before the horse here ... this is some way off. AYM needs to at least get a PFS or ideally a FS before a deal in favour of AYM happens. Get the new person in at the helm, build a reputable board who are collectively proactive concurrently with raising much needed finance, get the PFS underway and then look at off-take deals. This will be non-dilutive ONLY if you don't default on the supply. The QME arrangement, unless I'm mistaken, will be dilutive and indeed you say so yourself, Kooba. Indeed, if QME were to come in now, which I would very much doubt, and get equity for development finance, then it will be even more dilutive due to the lower share price and the share price is low given the market doesn't like uncertainty. Irrespective of what has been said before, you will get the NIMBY Brigade on your doorstep, the better intercepts are not too bad but they are at depth, and there is concern, whether valid or not, over the debt. |
Posted at 28/3/2024 08:12 by buttyboy trader465, OK, I don't interpret it exactly the same way as you and by saying this I am NOT supporting the AYM methodology. If you do a detailed Canadian company search you can see who the main owners/shareholders of LIM are. The way I interpret this is, AYM have continuously diluted themselves down because they have never had foresight to raise sufficient funds when the AYM share price was much higher than it currently is to maintain their position. Arguably, the LIO operations have good upside, one might argue more so than Parys Mt., but not owning 67% of an operation does perhaps raise eyebrows. The directors and management of LIO would have been responsible for their own corporate governance and that, unfortunately, cannot be blamed on AYM. |
Posted at 15/3/2024 09:16 by buttyboy I am not supporting AYM's methodology here but it is incorrect to compare drilling rates like this, trader 465; lot's of obstacles can affect the drilling rate (rock type, mobilisation and demobilisation, access issues, etc). I do agree though that AYM's "management" should extract their heads from their nether regions and have a more multi tasking approach so they can achieve more in less time. It is true to state that Parys Mt. has been the focus of AYM for literally decades and when you look back over that time and see what has been achieved it is pitiful. Only new qualified and proactive leadership will guide AYM positively forward and until this is put in place then unfortunately this is on a road to nowhere. |
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