Anglesey Mining Share Discussion Threads

[trader465] 02/12/2021 14:18

Shut up you dreamer, there are no sells at 4.2p because the bid hasn’t gone that high (yet).

I’ll be unwinding my position slowly >50p for £1m profit

[spacedust] 02/12/2021 14:03

Yup but he is quite boring after all on a number of fronts trader

[spacedust] 02/12/2021 13:39

Trader calla them right. A lot of the times. Ill take a nibble too

[trader465] 02/12/2021 13:06

Yes let's hope. There have been a few false starts this year, let's hope this time it keeps going fueled by the mines and money event.

I took another 200k today at 4.2p, my average is still under 4p

[benjamin15] 02/12/2021 13:01

Hopefully the start of this re rating. .

[smackeraim] 02/12/2021 12:47

Food for thought. Anytime it goes anywhere near recent funding price people start buying decent amounts. That didn't happen at last one. Confidence in what he's doing imo

[smackeraim] 02/12/2021 12:44

Better. Jo been showing his face again and people like it. Glad we gave him a chance eh! Think next spring we will be far higher than here

[broken_arrow1] 02/12/2021 12:31

Very little stock around today, the market is illiquid in AYM at the best of times - two circa 500k buys have taken the float out.

They are presenting at Mines & Money today and are very busy with lots of meetings planned according to the CEO

Would not be surprised to see a decent run up, the CEO is very upbeat in this interview, possibly breach 5p

[trader465] 02/12/2021 12:00

What is the "5 year LME copper stock chart"?

I don't see any copper related stock anywhere near its 5 year lows.

Here's the long-term copper price up around 100% since last March. I don't see much downside with global electrification taking place.....

[kooba] 02/12/2021 11:50

Interesting on Grangesberg infrastructure situationhttp://www.grangesberg.com/en/operations/infrastructure/

[wassapper] 02/12/2021 11:49

trader - see 5 year LME copper stock chart

[trader465] 02/12/2021 11:48

Spread is now the tightest I've seen it at 4.0p - 4.1p

Spread is usually around 10%, but today only 2.49% suggests a good time to enter or add.

[kooba] 02/12/2021 11:47

Beowolf are after a mining concession and there has been opposition on basis of wildlife and natural beauty of the area i understand.Grangesberg is a large established mining site ( back to c16th so new relative to Parys but there is already a mining concession in place."Mining concession granted for the Grängesberg iron ore mineOn the 14th of May 2013, the Swedish Mining Inspectorate granted Grängesberg Iron AB a mining concession for the iron ore mine in Grängesberg. The mining concession is an important milestone on the road towards re-opening the historic Grängesberg iron ore mine. A mining concession in Sweden is valid for 25 years, and is then automatically renewed every ten years if mining is on-going. The application for the mining concession contains a preliminary environmental impact assessment."http://www.grangesberg.com/en/operations/project-update/The location , quality of ore and the potential size of recoverable all are better than Beowulf's Kallak as far as i can tell.The costs to production thought not insignificant are likely lower than a green site without the infrastructure.

[trader465] 02/12/2021 11:42

A nice £20k buy and up she goes

[wisteria2] 02/12/2021 11:25

Well lets hope are management are giving the Swedish minister for mines some flannel! as the management for beowulf are acting fast hence the rise in its share price ! unfortunately i am not a holder ..

gla

wist

[trader465] 02/12/2021 09:58

The charts in this thread don’t show 5 year lows, duh!

[trader465] 02/12/2021 09:13

Where did you get that information?

Have you been looking at Iglenns upside down charts?

[wassapper] 02/12/2021 09:08

LME copper stocks still falling - close to 5 year lows

[kooba] 01/12/2021 16:38

Seems to be issue with proactive ..no longer there.https://youtu.be/TKLaqWB2Ods

[smackeraim] 01/12/2021 15:43

https://www.proactiveinvestors.co.uk/companies/news/967947/anglesey-mining-talks-copper-demand-as-evs-and-decarbonisation-fuels-parys-mountain-reboot-967947.html

[spacedust] 01/12/2021 15:42

So copper price down. Aym share price goes down

Copper price goes up = aym share price goes down

Copper price flatline = aym share price down