Anglesey Mining Share Discussion Threads

[kermat] 18/5/2021 13:20

Looking forward to hearing about the progress trader, as have many of us who have been waiting patiently for many, many years and been continually disappointed. As a holder, I would love to be proven wrong, but right now it looks like an opportunity to sell the asset at a good price or develop it is being passed by - again.
I would rather pay the salaries of a board who is capable of moving this forward in some way.

[kooba] 18/5/2021 12:52

If there had been material progress not in the public domain they would have been restricted from dealing I guess..buying and selling. I took the share sales as a sign that there is no imminent news ..to be fair if they thought they were on the cusp of any breakthrough I doubt we would have seen sales across the board. Being busy and making any progress may well be quite different things.

[deanmatlazin] 18/5/2021 12:25

It has been 4 months since Bill Howler a.k.a CEO published PEA report for Anglesey. And it is 4 MONTHS WITHOUT any progress! 5 months to go now before AGM. Honestly...that is the best time to kick out all of the non function OAPs from the board. They should have passed the baton on and retired.

[benjamin15] 18/5/2021 07:27

Should start to see this creep up again.

[kooba] 17/5/2021 19:39

Realise different situation but was showing that mining finance is likely there for the right prospects..also that someone like Hannam and partners might be slightly more clued up than a spread betting shop as broker to help get projects financed.On Hemerdon not simply a pick up and run as is therefore the capital raise. New ceo Denning said the plant Wolf had assembled at the site "wasn't fit for purpose" and had depressed production dramatically. But still likely to be in production again next year. Slightly surprised Anglesey didn't pick it up and sit on it for a few decades ; )

[hyper al] 17/5/2021 19:06

kooba

You mentioned the Hemerdon mine, this was a fully operating mine up until only a couple of years ago and I believe all the equipment is still in place, Anglesey is quite a different prospect.

[iglenn] 17/5/2021 17:22

benjamin15 LOL....chartists never agree, thats the rule :-) Trader, you are correct I know.

[kooba] 17/5/2021 17:00

So pray tell why are the chair ceo and one other director here..no salary ,virtually no interest in the equity. If they do pull a rabbit out the hat how do they benefit?..or are they running this out of the goodness of their hearts..there are now not even any outstanding options. They have no skin in the game. All very odd.

[wassapper] 17/5/2021 16:30

What rubbish. You think £40,000 pre tax after years and years is a retirement fund? Maybe if you shop only at Lidl and drink tap water

[benjamin15] 17/5/2021 16:30

My chart is bigger then your chart 😂

[trader536] 17/5/2021 16:15

Me too, your chart shows the shorter term and the strong support at 3.8p, my chart shows the longer-term average movement is up.

[iglenn] 17/5/2021 16:11

Thanks Trader...thats exactly what I do, in Forex you start at the longer then work down...you only showed the longer and hence I posted the contra and smaller timeframe....only 1 chart and timeframe does not show the true story so my post remains valid.

[trader536] 17/5/2021 15:57

Iglenn - my glasses are very clear, perhaps you should do some research on multiple timeframe technical analysis?

[benjamin15] 17/5/2021 15:51

What happened there...

[shill10] 17/5/2021 15:46

main market maker finally on the bid, up we go.

[kooba] 17/5/2021 15:31

These buyers and sellers seem to hunt in packs!

[benjamin15] 17/5/2021 14:20

Kooba
Sellers out, but it won't let you buy....

[kooba] 17/5/2021 14:16

Bounce in metal prices has brought some sellers out again..Odd isn't it ?

[kooba] 17/5/2021 14:12

Good point well made sir.

[benjamin15] 17/5/2021 14:12

Why are they looking at other metal projects when they aren't even utilizing the ones they already have.....

[kooba] 17/5/2021 14:09

Or sell the LIM stake if the project gets finance would boost the balance sheet and might assist in furthering Parys. As long as there is no more daft talk of further acquisitions when they cant seem to manage what they have.In the last funding RNS with another hand to mouth raise..(though difficult if they plan to use or utilise some of the proceeds..about time someone proof read their releases.)"The group will also use utilise some proceeds for the further evaluation of other base metal projects at advanced stages suitable for incorporation into the group."

[kermat] 17/5/2021 12:52

We would be better off selling the Anglesey asset, then focussing on LIM and Grangemouth - and potentially other prospects. At the moment this is looking like Bill et al's personal retirement fund - take options every few years to generate a modest income and keep doing the bare minimum to keep the company going. I hope I am wrong.

[kooba] 17/5/2021 11:59

Instead we are pretty much where we were then..with some expansion of potential opportunity. Zinc back to same levels , copper far higher..precious metals significantly increased. "A lot of people have doubted we'll ever get there" and a lot of people still do, efficient and effective finance is as important as the asset in mining. It is difficult to see these guys pulling off a $100m financing...oh and another $60m for LIM ..the boards overlap a lot so much work to do I guess.