I would advise before the government push too much toward the path of 'artificial intelligence, they get a grip with 'natural stupidity' !! |
I may be wrong, but I suspect that Rachel Reeves is more likely to push meaningful amounts of money towards oil exploration and A.I. development than small scale mining initiatives, unfortunately. |
I don't disagree trader; my sentiment is basically saying the same thing. Price of the shares in the inevitable soon-to-be fund raising will dictate the number of shares. The ONLY way forward for AYM now is, fingers crossed, they manage to get a sizable government grant similar to that of Cornish Metals. However, one stumbling block will be, or may be, Cornish Metals are somewhat more advanced in their development to attract this investment in the first place. |
All the indications point to a broker orchestrated share price hike in readiness for a fund raise! The key question is ‘at what price’ and who will be invited to participate?? |
Nothing available online currently. |
Could this surprise to the upside, low free float etc, copper / zinc / gold / lead deposits at Parys Mountain
One wonders if they could secure a deal like Cornish Metals have done recently with Gov funding or some grant finance.
There was talk of asset disposals if I recall or a significant JV partner found?
420m shares in issue values AYM at just £3.6m. |
With gold at C. 2900 US$ that also helps the potential for AYM. Gla. |
pigeons,
You already have the true price of Anglesea, it's dictated by the market.
This is just a lifestyle vehicle, it's not going anywhere, but if you're happy to fund their salaries, benefits, and expenses, that's fine.
Anyone investing here at the current state of affairs is just bonkers IMO. |
Anglesey starting to attract interest on X also. |
Copper price is surging ahead now and talk of supply shortages.
This has to be good for Anglesey Mining, the market values this company sub £4m, that is ultra low, the shares move disproportionally on modest volume. |
No buy quotes available with IG currently, news imminent ?? |
Personally I have been indicating my thoughts that there are lots of opportunities to create income. until the company decides on whether it's going. to open as a mine. but no, we get all these new directors changing every few years taking hundreds of thousands of pounds out of the company. only for somebody at the end to buy the company up on the cheap. It's time we saw the true price of Anglesey mining, Which I believe is much, much, much higher than today.'s price.
Let's have a true price for the shareholders.
you. ch |
During the past 8 - 10 months we have had all kinds of hype from certain persons on this thread and not one of them have actually forecast the current position accurately. AYM must by now be desperately short of cash even for G&A purposes let alone actual share-price-performing purposes. Projected milestones have not been reached, not even the work to contribute to reaching these milestones, and then they sit at their desks wondering why the share price is languishing blaming everything from the AIM, the Labour Party (prior it was the Tories) and give it a week or 2 and then they will be blaming Trump! |
I really believe that Parys has more potential as an unusual off-world landscape experience than a functioning copper mine. Morwellham, down in Cornwall, saw the light decades ago and opted for the tourist penny rather than retrying to produce copper once again. |
Trader - Zip World made a profit of £6m on a turnover of £27m last accounts filed - profits that AYM can only dream of. My family all went on their Llechwedd zip a few years back, and thoroughly enjoyed it. Their landscape isn’t totally dissimilar to Parys in many respects - caverns, quarries, deep mine tours … and zips. hxxps://www.zipworld.co.uk/locations/llechwedd |
Zip World has had a majority stake sold for £100 million. |
No money in zipwires |
A few thousand you mean 10s of thousands. |
“Zipwire”;; majority stake sold for £100m so there is upside (and downside of you pardon the pun!). |
Kooba, when you see your ‘investment217; dwindle by 85% from a few thousand to a few hundred pounds, there seems hardly any point in selling - the horse has already fled and the stable door bolted. The only way this site will ever make money will be, as another poster premised a few days ago, some sort of leftfield solution. Bring on the zip wire and the lunar landscape glamping modules. |
I would rather take a big loss on the chin rather than sell out on this continuing downward spiral. I had so much faith in AYM and Parys Mt specifically that the overall general incompetence of management makes me want to bury my head in the sand. When JB stepped down, which I thought was unfortunate, and then after 3+ months of getting “your man” I thought AYM had it nailed. The block held by the ex-Chair should be looked like “institutional stock” (it ain’t going nowhere); the debt is there and has been for some considerable time and this has been mentioned on this thread for the past 12+ months countless times. So, let’s summarise, we have an ex-chairman who is sadly in declining health, a debt holder who has sadly died, and no one seems to want to engage in dialogue and tidy this bloody mess up. And that, my dear brethren, is a very significant issue and unfortunately the stock will continue to decline because mere mortals such as me are constantly kept in the mushroom drawer! |
You might want to sell up then...no advice just why hold if you see no future and just permanently find fault in everything. There is a choice. I reiterate the block held by ex chair and the debt are an issue...don't see how that structure gets changed soon..maybe moaning more might help?? |
AYM have a market cap of approx £3m so if someone really wanted the company they could offer 1.5p/share and have a bargain and probably make it work. It will not work with the current structure or management and the share price, bar a few blips, will self destruct. |
There's Gold in them there hills. |
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