Anglesey Mining Share Discussion Threads

[calmtrader] 11/5/2021 11:26

Using current prices value is $1.625b vs $1b Costs of course don't change which are $500m...so net increase of $600m!!!!

[shill10] 11/5/2021 11:17

Iron ore and Copper at ATH's. If you plot the share price against these two then it has NEVER been more undervalued. Both are up c40% since mid January, it doesn't require rocket science to work out what that does to margins/NPV.

[kooba] 11/5/2021 11:08

I have sent my contact details if he wishes to discuss.

[kooba] 11/5/2021 11:06

So let's predict a 150% move in 20 days and be all realistic then!Hope you are right but I will be all out at 9p unless there is some material progress..which there won't because the directors are not restricted...I'll leave to extra 2p for the next investor.

[benjamin15] 11/5/2021 11:02

Kooba
Mobile number is on a previous RNS with couple of other directors...Not at liberty to post it on here though...

[wassapper] 11/5/2021 11:02

Note also that an allowance is made for a further 10m share optons so I guess thay do intend to issue more once things move forward.

"Application has been made for a block listing of 10,000,000 shares to be issued in respect of the company’s unapproved share option scheme and this is expected to be approved on 17 March 2021."

[trader536] 11/5/2021 11:02

Why not pop around his house?

[kooba] 11/5/2021 11:00

I doubt he has one !

[shill10] 11/5/2021 10:56

wow - what a load of bed-wetting, no wonder the market makers mark down the price, easy money for them stopping punters out. The directors aren't paid, hence they get options instead which is good for AYM shareholders as no cash goes out the door - the numbers involved are tiny, it really makes no difference. Far better to focus on the fact that PEA on Parrys was based on a Copper price of $2.81 and its currently trading at $4.81 - ditto iron ore. the NPV of the project at these prices is hundreds of millions, sure no one will pay that, but they will pay many multiples of current share price. Once the punters have stopped out this will be over 6p in a hurry and likely up to Jan highs of 11p before end of May.

[benjamin15] 11/5/2021 10:54

You tried calling his mobile?

[kooba] 11/5/2021 10:54

Tried mail@ once and it bounced back..sent to Mr Hooley instead on another matter it did take a week or two to respond ..hoping for a quicker reply to my correspondence this morning which did ask for an update.

[kooba] 11/5/2021 10:51

Still waiting for a reply from the company which might provide some clarity on goings on...if not I will try to get hold of their spread betting brokers to lodge a complaint on the rns content.

[benjamin15] 11/5/2021 10:36

Wouldn't that be like trying to tell someone how to do their job....

[wassapper] 11/5/2021 10:11

Maybe we should all write a civilised note to them asking for an "operational update" of what is happenning, what might happen, and what the current plans are. If their inbox gets filled with such a request we would hope that they will respond.

[e-mail]

[linz22] 11/5/2021 10:03

Yes, you're right. A good rant on a BB may well be justified, and the directors' sales, and the timing thereof, does seem quite extraordinary.

But, the point I've been making is that NOTHING has otherwised changed, about the company and its huge resource. If one agrees with the directors, then sell up accordingly, or consider their loss as one'd own gain and take the opportunity to top up.

Anyway, I trust the (justified) rant has left the spleen well vented, and the head now clear to make shrewd investment decisions further...

[benjamin15] 11/5/2021 09:58

Trader
That cracked me up...

[kooba] 11/5/2021 09:54

A bit of ranting is fully justified when you hold shares in a company where the majority of directors dump their entire holdings as it goes on the first signs of an uplift. Whatever some new posters of a ramping nature have surmised I own and have been building a holding..anyone care to look back. I am not a shorter or in a conspiracy with market makers , just peed off having to correctly interpret outside hours Rbs's that are incorrect.After all one must assume they have a better idea of the assets and prospects of the company than some punter on a bulletin board. If anyone cares to prove anything I have posted is incorrect please let me know.

[linz22] 11/5/2021 09:53

OK well even better, then.!

Do excuse my passive ambivalence to current 'goings on' at the company. I've been invested in AYM for so long, it's as much as I can muster to recall the BoD doing anything much more than nothing at all. That's been the AYM business model; keep calm and do nothing.

Hence my take on all the hulaballoo over the directors', who do not take a salary from the company, offloading of a few shares from their befeficial options. Particularly as, as has been stated above, there are PI's, including contributors to this BB, who own ten times the amount of shares that the board traded yesterday..

[kooba] 11/5/2021 09:40

Does the cfo own any of Juno ..he is a director but it does not feature as being a material interest of a director ..therefore unless the board are not declaring interests correctly he has no economic interest in the ownership of Juno.

[linz22] 11/5/2021 09:39

A bit of "ranting" on a free forum only serves to get all that frustration off one's chest. Hopefully, Dean and Kooba will feel better for that..

Meanwhile, if you no longer believe in the fortunes of the company, particularly due to the inertia of the BoD to do anything in years (but execise their options!) then perhaps, like them, now's a good time to sell up.

Or, perhaps should consider whether right now is a bonus buying opportunity?

(Still sitting on that same huge resource..).

[linz22] 11/5/2021 09:33

That's what i mean; it's still worth what it is worth.
Nothing has changed about that.
Just a bit of sentiment, which will pass...

[w1ndjammer] 11/5/2021 09:26

Sp would have gone well north of 7p without the dump....

Needs an activist investor to shake this Bod up.....

got to be worth £40 mill at a knock down price all day long

just hope they have the For Sale board up.........

WJ.

[linz22] 11/5/2021 09:15

A bit of sanity restored to the BB. Thanks for that...

Meanwhile, best to keep focus on the company fundamentals (rather than age of the directors). AYM is either still sitting on a mountain of valuable resources, or it's all a lie. Nothing about that has changed in the last day, since the directors' own share trading.

Sure, it might seem a bit odd for directors to offload so much stock (or 'exercise' theri options) at this very juncture but, I reiterate, it hasn't changed a thing about AYM.