Anglesey Mining Share Discussion Threads

[trader536] 23/5/2021 14:05

I hold more shares than a few listed above. What others may or may not hold makes no difference to my decisions. Juno held from 2p to 93p and back to 1p

Hyper Al what about planning permission? Aint you worried ;-)

[hyper al] 23/5/2021 13:55

kooba

Where did you get that share holder info. If that is correct the website seems to be displaying misleading information. The AIM rules require that the correct information is displayed on their website. quote from It even says last update 28 January 2021, was the info they display correct on that date. I can't see any change in holdings declarations since that date. Is the company notifying us when shareholder thresholds are crossed?

"
Major shareholders

Last update 28 January 2021

The company has been advised of the following interests in the issued ordinary share capital:

Shareholder

Number of shares

Percentage of voting rights

Juno Limited 57,924,248 26.1

Juno Limited is a private investment fund based in Bermuda. It has been a major shareholder since 1996.

Danesh Varma is a director of both Juno and Anglesey.

Juno has provided funding to the company under a working capital agreement - see latest annual report for further details."
"

[klondykejohn] 22/5/2021 07:54

Nice work Kooba.
Good to see which institutions are invested in the company.
Your figures add up to just over 50% of the company share total.
There must be a lot of individual shareholders out there holding less than 2 million shares.
Pity the directors couldn`t see fit to hang on to their freebies.

[kooba] 21/5/2021 20:08

Shareholders Name Equities %Juno Ltd. 57,924,248 25.7%Hargreaves Lansdown Stockbrokers Ltd. 28,828,000 12.8%Hargreaves Lansdown Asset Management Ltd. 10,329,000 4.58%HSBC Global Asset Management (UK) Ltd. 5,269,000 2.34%Jarvis Investment Management Ltd. 4,410,000 1.96%Fidelity Investments Canada ULC 3,541,000 1.57%Hempton Barrie Ltd. 2,450,000 1.09%Rathbone Investment Management Ltd. 2,163,000 0.96%Smith & Williamson Investment Management LLP 2,067,000 0.92%Global Custody & Clearing Ltd. 1,870,000 0.83%HoldingsName Equities % ValuationLabrador Iron Mines Holdings Limited (LBRMF) 19,289,100 11.9% 5,420,237 USDCompany contact informationAnglesey Mining PlcParys MountainAngleseyAmlwch, Wales LL68 9REPhone : +44.1407.831275Web :

[kooba] 21/5/2021 20:06

I believe that this information is incorrect. The Bermuda company registration site only lists 2 directors of Juno ltd. Bermuda. Danesh Varna is not listed, but his son is (Dilip Varna) and his son is also a director of Interinvest Bermuda LtdVery interesting research I'm afraid accuracy on regulatory information is not a strong suite here. He's still connected even if he is not a director but clearly wrong .Having got clarification on directors holdings having called the ceo i am still waiting a response on other inconsistencies one of which is the failure to put Varma's holding under directors interests in the report and accounts and the latest director holdings. I was assured on the phone that he was a director and material shareholder..not adding up though.

[klondykejohn] 21/5/2021 17:41

One thing we do know is that it is certainly not the directors.
Do they not have confidence in their own company?
I would have thought that between them, they would have had at least 5% - 10%.
70 mil shares created since 2015, and we are still no nearer to starting up production.
Why were the recent shares awarded to the directors?
Holding 26% of a company`s shares looks good on a portfolio, but it doesn`t make any sense to be as big especially when no dividend is paid and we are a further 7 years down the track without any sign of production.
I don`t like saying this as I will lose money with this company, but a big mining operation needs to buy us out and progress this company forward.
Perhaps we are too small for that to happen.

[hyper al] 21/5/2021 16:52

The AIM Rule 26 disclosure rule states that all major share holders have to be listed, 'major' is anything over 3%. So i assume it is only Juno, as no others are listed on the company website.

The lack of holders over 3% is rather strange

[klondykejohn] 21/5/2021 13:41

The other scenario of course is that someone or some company is picking up cheap share to increase their holding substantially. I have not checked on recent volumes nor the recipient but I may delve deeper.
The shareholder page on Anglesey site states that Juno limited has 26% shares in the company.
It also states that Danesh Varna is a director in both Anglesey mining and Juno investments.
I believe that this information is incorrect. The Bermuda company registration site only lists 2 directors of Juno ltd. Bermuda. Danesh Varna is not listed, but his son is (Dilip Varna) and his son is also a director of Interinvest Bermuda Ltd
Either the Bermuda Govt. site is wrong or Anglesey have got it wrong. In any event, I think that this should be clarified for us by Anglesey Mining.
Juno percentage holding has dropped from 36.1% to 26.1%. A lot of this reduction is based around the issuance of an extra 70 million shares since 2015.
Who is picking up these shares? Anyone have any idea?

[benjamin15] 21/5/2021 10:58

This may turn blue in the next hour ...or may not as is the case...

[greekhovel] 21/5/2021 09:29

The short would have been placed around the time, or just before the 6.6p placing, shares were walked up to 9p 1 month prior (to excite mug punters) to get it away.

The short book would be circa 3m-4m shares, would make the spivs a cool £60k - £90k assuming a close average of 4.5p.

Market makers probably in on it.

Signs are the close is near complete, they will now go long.

[the_debt_collector] 21/5/2021 09:16

Someone has just gathered 500,000 shares at 3.875p, moved the offer up behind the scenes, a premium being asked for over 150,000 shares now.

The talk about orderly short closing could have some credibility.

[calmtrader] 21/5/2021 09:15

2*250k just gone through..are they buys or delayed sales and reason for drop?

[benjamin15] 21/5/2021 08:32

The sales are back on...

[iglenn] 20/5/2021 13:26

Well, its pretty much official now, we are entering or well into a Commodities supercycle. Someone tell bill!!

[trader536] 20/5/2021 13:09

Offer down from 4.2p to 4p spread narrowed to 2.5% now

[benjamin15] 20/5/2021 08:27

Trader
Think I will have to subscribe to L2 again, does give you more of an idea. Brakes have been put on this at the moment, hoping a stonker of an RNS comes out which will catch them well short. Lot of news to come...

[trader536] 20/5/2021 08:21

They've raised the offer to 4.25p but held the bid at 3.95p which has increased the spread to 7%

benjamin - following a dispute over my geographical location my L2 is down, I'm hoping to get it sorted soon.

[benjamin15] 20/5/2021 08:18

Surely we must hear something soon..

[goggin] 19/5/2021 20:10

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[benjamin15] 19/5/2021 17:28

Held up well today in the current climate

[benjamin15] 19/5/2021 15:18

Yep, but not moving upwards..any idea what L2 looks like?

[trader536] 19/5/2021 15:13

Buys outnumbering sells by x5