[ADVERT]
Share Name Share Symbol Market Type Share ISIN Share Description
Anglesey Mining Plc LSE:AYM London Ordinary Share GB0000320472 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 4.00 3.90 4.10 4.00 4.00 4.00 24,752 07:40:29
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -0.3 -0.2 - 9

Anglesey Mining Share Discussion Threads

Showing 26326 to 26347 of 27050 messages
Chat Pages: Latest  1058  1057  1056  1055  1054  1053  1052  1051  1050  1049  1048  1047  Older
DateSubjectAuthorDiscuss
02/8/2021
09:44
Fools and money are easily parted, the sellers will be regretting doing so, a stock like this will move up when least expected, do not assume there is no interest because buys are not hitting the tape, they will come. It is exceptionally hard to buy at the best of times, the shrewd are accumulating.
space_dust
02/8/2021
09:36
They also need to reapply for their precious metals exploitation licence which i believe expired in 2019. Should be rubber stamp with Crown Estate.https://www.thecrownestate.co.uk/en-gb/what-we-do/on-the-land/commercial-exploration-of-mines-royal/
kooba
02/8/2021
08:59
kooba, yep, would be nice to see a work plan so we can see that the company remains on target. Initially I want to see news that drilling has started into the white rock as no reason to hold back on that front as it is an essential requirement. We need to see multiple tasks taking place before I believe things have turned around for the company and they are serious about the Anglesey site and Jo Battershill is as good as we think. The UK is in its worse financial crisis for hundreds of years. Keeping imports down and extracting resources from our own lands has never been so important. I hope the government may show some support for the industry at least on the tax front to give it a boost.
hyper al
02/8/2021
08:38
Hyper Al - planning permission.... "These entities are well aware of the potential upside from the ongoing movement in commodity prices, and of the security offered by a project based in the United Kingdom with planning permissions in place" "Whilst Anglesey holds the necessary planning permissions to build a mine at the site, these must be supported by the grant of various environmental operating licenses"
trader465
02/8/2021
08:37
Yes i read it. I was meaning strategy across the company's interests. Also we need some timescales to address the work plan at Parys to a feasibility report. Not saying i disagree on Parys at all the conversation was around other interests. Parys i always thought would come back with more appraisal work whatever Hooley said, but it makes sense to boost the inferred with limited targeted work plan ...hopefully then put the asset up to the highest bidder.Maybe the new ceo will want to divest the iron assets and focus company as a clean Parys play . Difficult to see that much cash could be released though.
kooba
02/8/2021
08:35
Keep an eye on this little company called 'Form Energy inc'. It's going to transform the world fully into renewables and rapidly boost the demand for iron. It's backed by big players such as ArcelorMittal hTTps://formenergy.com/ Form energy have developed and Iron battery which is one tenth the cost of Lithium batteries. It is a large battery for grid sized storage systems for renewables. A shame it's not currently listed on the markets, as I see it as disruptive technology and think it will grow very rapidly. First commercial scale battery will be in place by 2023 I expect demand for Iron will become huge!
hyper al
02/8/2021
08:26
kooba The Rns the other day stated "Following the Micon PEA recommendations, a step series of activities have been identified that will form the necessary preparatory work as a prelude to the commissioning of a feasibility report." They appear to put drill White Rock at the top of the list. This is important as the White Rock is the route to the copper. Once they have fully appraised that, they should be able to plan the drive down into the ground, while they get on with the 100's of other tasks required to reopen a mine.
hyper al
02/8/2021
07:22
Quite a reasonable assessment. Very early days of new management though and i hope there is a relatively prompt business plan across the interests to give increased clarity on company's focus. LIM has the identical problem as had Anglesey itself around management and the LIM share price certainly indicates the market is not hopeful of there being any progress to re-establish operations. Maybe the same reality hit will lead to some changes there too , signs that the old guard are aware of their limitations hopefully encouraging that they further move aside. Hooley moving to deputy chair at Anglesey is not a good sign though...executives moving to non executive roles not to be encouraged.
kooba
02/8/2021
06:41
I absolutely agree MiningLamp and despite my recent protestations and possibly false accusations I am seriously considering buying more to "average down", a term I generally dislike and associate with rampers postings.
iglenn
02/8/2021
06:33
The re-rate has not scratched the surface yet, the current value placed on a $1.4b mineral resource (mainly copper} is less than £4m after you strip out cash and the £4m of shares in LIM. The market has yet to understand how significant the new management team will be for Anglesey Mining. With only 225m shares in issue, even at 10p Anglesey would only be valued at £23m, speculative explorers with no resource are valued higher. Is this a fill your boots opportunity, indeed it is.
mininglamp
01/8/2021
23:28
The whingers are still kickin about Give them a quid and they'll want two quid
trader465
01/8/2021
21:45
The problem is a basic one. Too many fingers in too many pies. Grangesburg and Lim, along with AYM are all seperate companies with no direct links other than the same mabagement team and a 6% stake in LIM overall and 20% in Grangesburg with an option to buy another 50% One management team cannot manage 3 companies. Anyone in business will tell you that you will spread yourself too thinly and lose sight of your objectives. We need to concentrate on Aym. This is our name, not Lim or Grangesburg. The answer, surely is to either put new management teams into each company, or divest ourselves of both LIM and Grangesburg involvement. I am for the latter option. To suggest Lim will be operational within the next 18 months is very optimistic. Sell the shares, and do more exploration in Anglesey. We will have to create a hell of a lot of new shares IMHO in order to reduce the cost of a production loan. No lender will give you 100% loan funding. You need money in the bank and we do not have any. So, can we go into production? Probably not. I may be completely off the mark here but finishing the Micon proposals should consolidate the mineral deposits. This will put value into the company and hopefully the share price will rise. Maybe I am a doomster here, but the only way that we will get a return on investment is if a big player comes in and buys us out. Sorry guys, can somebody please tell me that I am completely wrong.
klondykejohn
01/8/2021
11:52
Https://www.cleanenergywire.org/factsheets/electric-highways-offer-most-efficient-path-decarbonise-trucks
trader465
01/8/2021
08:53
UK demand will undoubtedly pick up with the build up of EV industry in UK unfortunately the concentrates produced on site would need to go to Europe for smelting and refining first so the logistics not quite that simple from what i understand. Whether the Parys production would warrant a UK based refining facility might be a factor..no idea of the economics. Zinc may also come into play in the electric revolution so got that base covered. https://energy.economictimes.indiatimes.com/news/power/opinion-are-zinc-based-batteries-the-future-of-electric-vehicles/84894607
kooba
01/8/2021
03:01
Amazon-backed electric car pioneer Rivian mulls factory near Bristol ------------------------------------------------------------------ Huge demand for copper being potentially built very close to Anglesey. Now is the right time, lets hope this new CEO can get this moving as demand hots up.
iglenn
31/7/2021
17:16
exactly Smack - its that simple - market cap is tiny c w the upside, this will reprice quickly once the stale holders sell out, I expect 10p before year, perhaps 15p, this is still sub £30 mill, crazy.
shill10
31/7/2021
15:28
Whether copper prices continue up, go sideways or go down slightly is of no significance just now. Fact is, there's a new fresh Ceo with a track record ready to do something with an asset in the UK, that's for so long promised much and never delivered. Hold on to your hats - it's still sub £10m cap.
smackeraim
31/7/2021
07:26
Kermat. Do yourself the favour of quitting the fixation on what happened in the past and judging the likelihood of future events upon it. Those days are gone and we live in different times, a 'New Normal' if you will. My own take, FWIW, is that the good old days of predictable cycles of boom and bust are gone - possibly to be replaced by one long, extended bust..! That said, anything may be possible in the unprecedented era we're embarking upon, so one should prepare to expect the unpredictable - apart from the given certainty that, in the face of a continued monopolistic reliance on the moribund US dollar (or any 'fiat' currency) the price of tangible assets and ALL commodities will rise, including that of copper. Edit: in Dollar terms...
linz22
30/7/2021
20:18
This be going back up next week by the looks of it...
benjamin15
30/7/2021
14:25
Future potential for substitutionIncreased adoption of electric vehicles (EVs) are expected to make a significant impact on copper demand from the mid-2020s onwards. EVs are estimated to use two to four times as much copper compared to conventional combustion vehicles. While research has been conducted into replacing copper with aluminum in lithium-ion batteries currently used in EVs, they have been unsuccessful because lithium alloys to aluminum at low temperatures. According to Na Jia, a technology analyst at IDTechEx, there is currently no alternative for copper in lithium-ion batteries as "Other metals are either too expensive or too heavy." https://miningir.com/low-potential-for-copper-substitution/
kooba
30/7/2021
13:56
trader, While I agree with your points re copper demand, previous experience has taught not to rely on prices staying high indefinitely. Things do change over time - new mines, new technologies that reduce reliance on a specific expensive commodity. If the copper price is high, there is an incentive to open new mines and an incentive to use other lower cost materials, where possible. This is how supply/demand works and why there have been many metal price cycles over the years and it would be foolish to assume prices will not (at some point) fall again.
kermat
30/7/2021
13:20
Appointing a broker with mining credentials , a fund raise securing finance to cover the feasibility work and an option award for new CEO before they will want to talk this up too much. I reckon new ceo will likely want to invest (I hope) and get friends and family on board ..after that they can wheel out the scale and value of the opportunity and some very big numbers with some broker research. Be disappointing if any fundraise was at a discount to current levels but not impossible as new CEO is somewhat incentivised to get new holders in at a low level.
kooba
Chat Pages: Latest  1058  1057  1056  1055  1054  1053  1052  1051  1050  1049  1048  1047  Older
ADVFN Advertorial
Your Recent History
LSE
AYM
Anglesey M..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20211028 13:45:59