Anglesey Mining Share Discussion Threads

[trader465] 30/12/2024 13:22

How many years have they dragged out this planning issue? 3, 4, 5 Years? They already have planning permission. Planning permission for a 1,000 tonne per day mine was obtained in 1988, reviewed in 2006 and remains current.

They know they need to ‘appear’ to be doing something in order to bank the salary and expenses, hence let’s update the planning permission, that should get us a good few £100k for sending the odd email.

The first job the CEO needs to address is the financing, not the already in place planning permission. I thought Battershill was going to sort the financing, I soon realised I was wrong, and I don’t think this new fella has the experience or contacts to address the financing problem, he’s happy enough to continue issuing shares to fund his £120k salary and pension

[laserdisc] 30/12/2024 11:14

doesnt seem to have gone to planning committee which is good as there were not enough objections, so a senior planning officer passes and we move to next stage whatever that is seems to be the Environmental Impact stages

[determined] 30/12/2024 08:59

In what context does it "look good" out of interest?

[bodgit] 30/12/2024 08:38

Thanks calmtrader. Yes, it looks good.

[calmtrader] 30/12/2024 08:05

Any planning experts out there..this looks good news?https://ioacc.my.site.com/s/papplication/a1GR500000116dtMAA/sco20241?language=en_GB

[buttyboy] 24/12/2024 11:10

Indeed, a very merry Christmas to the directors and all on this thread. Next month there will be a financing at half a penny and it wont be offered to Joe Public !

[j5thumbs] 23/12/2024 22:38

A very merry Christmas to all the directors, and may they prosper in 2025. Another visit to the bucket shop should do the trick nicely.

[j5thumbs] 23/12/2024 22:36

Bring on the zip wire. It’ll be a winner as long as the descent isn’t as steep as the fall in share price.

[trader465] 20/12/2024 18:39

A couple of 1,000,000 sells at all time low 0.62p and 0.7p one wonders at what price they bought, include the spread and any buy above 1p is more than a 50% loss in a few months

I remember someone posting that the share price wouldn’t go down because the CEO had bought shares, think that was at 2p 🤷‍a94;️

[buttyboy] 20/12/2024 16:48

If a deal is done on Grangesberg it ain't going to be very good for the company, calmtrader. If I was hell bent on getting Grangesberg I would make an offer for the whole company and shave off various projects into NEWCO's. Anyway, that's my pennies worth !!

[jbennett] 20/12/2024 14:45

I sold up earlier in the year. But loss was worth the utter tedium of waiting for nothing to happen.

[calmtrader] 20/12/2024 14:44

All the bad news factored in now surely..love to see what happens to the share price if a deal is done on Grangesberg or some non dilutive raise

[sos100] 20/12/2024 14:34

buy and sell for a 10% is what uk investing has become...

[buttyboy] 20/12/2024 14:02

Share price low of 0.62 of a penny earlier today equating to a market cap of barely £3m. The debt far exceeds the value of the market cap!! What are "management" doing about this lethargy?

[bodgit] 20/12/2024 13:34

To buy or not to buy? That is the question..... Apologies to William S for that. Gla.

[trader465] 19/12/2024 12:21

There's been about 2 placings every year now since directors stared drawing salaries in 2021. I'd guess there will be one in Q1 and one in Q3 next year

[determined] 19/12/2024 11:49

Just another lifestyle vehicle.

I expect a pump soon to raise the price for a January placing, then the slumber will continue for another year or so before the next placing is required.

Nothing ever happens here, just directors receiving their salaries

[trader465] 19/12/2024 11:41

New all time low and almost out of cash again.

Those interested in micro caps might want to look at CRMS, I bought a few the other day £1m market cap and revenue from commodity trading has just began. In the last update they said: 'significant, positive news during Q1 2025'

[trader465] 18/12/2024 17:52

Buying Grängesberg was a case of using AYM shareholders funds to pay off directors private company debt

[j5thumbs] 18/12/2024 17:25

Baner, that’s my take on Grängesberg too. I reckon Jo probably dodged a bullet in not taking up the final 50%. It’s hard to say which of the three entities is the worst - LIM, Grängesberg or Parys. At least I still have my original 1788 Parys ha’penny … which may end up being worth more than my entire AYM shareholding one day. Moral: don’t invest in AYM, scoop up all the Parys pennies you can find on eBay, and sit on them for 20 years.

[trader465] 18/12/2024 17:23

I was right about the new trainee CEO, he’s done nothing since he landed at the trough. He needs to look at funding, the trough will be empty in a couple of months and he’ll be placing at 0.5p and getting closer to my prediction of 1 billion shares in issue

[baner] 18/12/2024 17:08

Grangesberg is absolutely worthless in my view. It has been around for donkey years and never taken off. Just forget about it. The other assets - maybe 20 years and £100m down the road there will be some activities there - present value most likely 0.

[trader465] 18/12/2024 09:35

The jobs amount to just 150, a drop in an ocean.

The local councils and the government don’t have access to AYM activities and accounts, so they’ve no idea what directors are doing or whether AYM is a scam or not.

[pigeons] 18/12/2024 09:33

Well, if the local councils and the government are going to. let a scam. in this company, then all I can say is there's no hope for Wales Let's alone in the UK. as they would be just as bad. because they're obviously not interested in the people locally and jobs. that could be there producing tax for all. for the good of the communities we shall. see, Merry Christmas to everybody and a prays new year