Anglesey Mining Share Discussion Threads

[kooba] 13/5/2021 10:37

I think graphene will find its place and am interested in the sector..which one are you in ?Just dont think the scale of conductive material needed in looms in vehicles and other electrification initiatives is going to find a cost effective alternative any time soon. Most mines are also moving on a far more sustainable basis certainly operations run by the big multinational resource companies.

[iglenn] 13/5/2021 10:32

agreed Kooba, its not a good sign at all which is why I want to hear them say it.

[iglenn] 13/5/2021 10:31

Apologies, I know my recent posts have been slightly OT but I have concerns at this management to be honest. I dont intend to sell and may even add against my better judgement but if by the end of the year we are still at this level I will sell and move on.

[kooba] 13/5/2021 10:30

It's something i always look at director dealing..it would put me off investing here seeing that all the directors sold irrespective of any mitigating factors. The fact that only one director holds equity at all and rather modestly is another odd sign.Following director dealing is not to be sniffed at after all they always have far more information than investors. I have very little idea where they are at the moment in talks over funding on Parys or LIM . If you check the last LIM comment on proactive investor Hooley says they are talking to "they know who they are " people on off take agreements...Would you be selling Anglesey if that was anywhere near close?

[iglenn] 13/5/2021 10:26

There is a FTSE 100 engineering company involved with the company I am invested in and many feel it could be RR. If that's the case the aviation industry is set for real change within the next few years. Its always the same...slow start but when it kicks in it will revolutionise the game. IMHO

[iglenn] 13/5/2021 10:25

Saw that... that drop must have hurt a lot of the Bitcoin young guns.

[kooba] 13/5/2021 10:22

No reply either mine made a few more points and was somewhat challenging.Re copper new materials lovely and graphene super i think one needs to be very aware of the production availability and the price point of alternatives to copper will also be a major factor.Graphene was the biggy a few years ago for everything and as with all new materials it seems to be taking a lot longer for adoption than many thought ..maybe due to cost effective production. Industry will be slow to move away from copper.On a green note seems Elon Musk has only just realised that Bitcoin mining is a bit of a large consumer of electricity ..similar a year to Denmark or Argentina national consumption.Think he must have traded out !

[iglenn] 13/5/2021 10:19

They have been sitting on their thumbs too long now and time is moving on.

[iglenn] 13/5/2021 10:19

not that I'll achieve anything but I'm that sort of person LOL

[trader536] 13/5/2021 10:18

The sales are insignificant, its only £125k between them, it doesn't change the value of the assets. Perhaps they sold for tax reasons, last month was the end of the financial year.

[iglenn] 13/5/2021 10:18

I want to hear it from them personally as I will then follow it up.

[iglenn] 13/5/2021 10:18

I saw that but within the RNS it states Acquisition very confusing.

[trader536] 13/5/2021 10:13

They sold....

'Anglesey Mining plc has been notified of the following share sales by members
of the board'

[iglenn] 13/5/2021 10:06

trader536, I'm not so sure at the decades timescale. The green drive hates mining and there is enough copper around at this moment coupled with new materials being developed which are possibly only 2-3 years away from being mainstream. If and when that happens then copper in the ground wont hold the value it does today IMHO. I still believe its the right time for AYM management to either step down or sell the asset. I still had no reply from my mail which irritates me against them to be honest...it was a very nicely worded and simple question...did they buy or did they sell. As a shareholder I believe I have the right to know and I will follow the mail up in a week.

[w1ndjammer] 13/5/2021 09:53

Yes there is a lot of rumours doing the rounds about the next crash, most
by the ones that have always been of that ilk, they just keep moving the
dates back until they are eventually correct.

I just don`t see how it all fits in with the global green agenda........


WJ.

[linz22] 13/5/2021 09:22

I don't think you'll have to wait that long for the next market crash, spawned by the 'death of the dollar'.

Some of the clever money is on "from around August 2021"..!!

Ultimately, it's all about timing, but the best investment strategy might be to short the Dow.

[trader536] 13/5/2021 08:36

It will be decades before copper is obsolete

[iglenn] 13/5/2021 08:15

Im pretty sure we will see a Tech boom 2.0 and the development of materials that make things like copper obsolete....the world is changing...fast. IMHO Bill...sell the bloody mountain now you old fart.

[trader536] 13/5/2021 08:13

Anything is possible, we may well also see a market crash over the next several years

[w1ndjammer] 13/5/2021 07:42

trader

so you don`t think copper can reach $15 per pound over the next several years...

WJ.

[benjamin15] 13/5/2021 07:31

Got a feeling the board might as well....

[trader536] 13/5/2021 07:16

I’ll be long gone from here before anything is mined

[1blazer] 12/5/2021 22:37

Thanks for your reply, the answer is a new BoD and mine it ourselves with what’s in the ground.

[trader536] 12/5/2021 21:43

It’s worth whatever people want to pay for it, but I think that is far higher than the current cap. Give it a few weeks, time will tell.

[1blazer] 12/5/2021 20:42

Trader so that’s just 10p a share it’s worth more than that surely if not then I’ll be looking elsewhere.