Anglesey Mining Share Discussion Threads

[trader536] 25/5/2021 16:50

Why didn't they sell at 8p like some of us??? It could be said they lost almost 50%

[benjamin15] 25/5/2021 16:48

News is well overdue

[trader536] 25/5/2021 16:48

They had personal tax bills to pay. Directors have no control over share prices.

Why did Juno hold from 2p to 93p and back to 1p? They failed to realise a 4550% gain, are they waiting for the real big fish??

[kooba] 25/5/2021 16:31

Well I hope you are right , it is quite obviously being kept a very well guarded secret how well things are going ..it'll be such a positive surprise for the market..and the directors who just dumped.

[trader536] 25/5/2021 16:22

I have no idea how they'll secure the few quid needed old chum, but based on current prices and previous production I'll be watching for news on the plan.

[kooba] 25/5/2021 16:13

But you were referencing copper..hence Parys old boy..stick to the story.As for LIM do you think the share price is displaying evidence that the company is close to securing the few quid ( $60m ) of funding to get up and running any time soon ??

[trader536] 25/5/2021 16:08

LIM is Iron ore, AYM own 12% of LIM, which I expect to be fast tracked to production at current Iron ore prices. All plant and infrastructure is already in place from previous production period, it's just a matter of raising a few quid and switching on the power supply

[kooba] 25/5/2021 16:04

Well dont know if this is sad funny or worrying ..maybe should be looking for uranium!! I'm going with funny but didnt quite know where they were going. But seems our old board are something akin to Spectre!https://youtu.be/5-9ofcZcyh4

[kooba] 25/5/2021 15:48

I see,i really thought we were talking about copper and zinc and all things Parys..so Iron ore you would know far better than me is nothing to do with Parys is it.Re vids put a couple up so do enjoy...you can of course go on utube or proactive investor yourself and enjoy the spin , rinse repeat show at your leisure.

[trader536] 25/5/2021 15:42

I will hopefully be out with another substantial profit before this time next year, but still excellent prospects for long-term investors at this level.

[benjamin15] 25/5/2021 15:25

Kooba
Made me laugh but about right!! This time next year Rodders....

[trader536] 25/5/2021 15:15

In 1988 copper was $0.50c

Where is this evidence of 'Every promotional vid on proactive over 10 years is saying now is the time metals are going in the right direction'

????


They took action to protect shareholders assets. When metal prices fell they said this.....

Responding to challenging market conditions

Iron ore spot prices and transaction volumes suffered a sharp decline in August
2012, with spot prices dropping 33% to below US$90 per tonne on a 62% Fe CFR
China basis in early September before recovering to over US$120 per tonne by
late October. LIM undertook a critical review of its operating and capital
spending for the balance of 2012 and implemented the following immediate and
decisive measures:

* Focus on cost reduction and management of cash resources;

* Utilization of the new dry classifying system to produce sinter and lump
ore only;

* All non-committed capital expenditures, mainly relating to the Silver Yards
wet processing plant and the Houston deposits, were deferred to 2013;

* The 2012 exploration programme was reduced to $5.3 million.

[kooba] 25/5/2021 15:03

They owned Parys since 1988...has there been a bear market in metals for over 30 years??

[kooba] 25/5/2021 15:02

Done a lot of research as it goes..and the stupid corner is reserved for those that think this management is ever going to be able to raise a bloody smile let alone finance required to progress anything...they are a laughing stock.

[kooba] 25/5/2021 14:59

Every promotional vid on proactive over 10 years is saying now is the time metals are going in the right direction..now we are getting this done...we will be getting finance...and this time next year Rodney...

[trader536] 25/5/2021 14:47

'Hyper Al also correct you have to have some vision of the metals price movement and cycles ..that is essential timing by management'

Very true, they did, prices fell and made the projects economically unviable, they closed LIM and held AYM assets on C&M with very little dilution to long-term investors.

Now that prices are higher again they intend to put LIM back in to production and procced with developing Parys. Great timing??

Perhaps read the website and do some research?

Back to the stupid corner you go.

[kooba] 25/5/2021 14:45

Agree in the real timeline of the life of the Parys mountain project the 15 plus years this gang have been in charge is but a speck. I will now consider development over a hundred years to be rapid...but bet metals come off just at that point as they start mining Mars.

[hyper al] 25/5/2021 14:37

Thousands of years since mining started

What's a few more decades.

[kooba] 25/5/2021 14:30

Every year you go back same story ..on the cusp and bullish on metals prices...never any progress." the project was started in the Bronze Age ..though I wasn't there then" ha ha ha...just feels like it !

[kooba] 25/5/2021 14:28

Not me talking about the merits of the zinc price and its all go its the ceo of 15 years...please take the corner seat.

[trader536] 25/5/2021 14:26

You can't get funding for a copper mine based on the zinc price, neither is it economically viable to re-open an Iron ore mine based on the zinc price.

Go sit in the stupid corner with Al

[kooba] 25/5/2021 14:18

https://youtu.be/R48SpVggMBY2017 its all coming togetherBullish on metals

[kooba] 25/5/2021 14:14

https://youtu.be/gtFxB3sfIFAAll go 2016..zinc zinc zincZinc was higher in 2017/2018 than now it seems even though its playing catchup. Still didn't make any progress in the years following this.