Anglesey Mining Share Discussion Threads

[plat hunter] 28/6/2022 10:35

All anyone needs to do is google Pary's Mountain to see that it will never happen and why.

[herpes free now] 28/6/2022 09:33

On parys financing we were told this almost a year ago!

“The Directors have been examining various possible financing routes including
the traditional debt: equity scenario, but also indirectly through joint
venture and other arrangements. As part of this process, the detailed results
from the PEA have been made available on a limited and confidential basis to a
number of entities who have shown interest in Parys Mountain”

[spacedust] 28/6/2022 09:07

Under promising here at aym would mean saying something like

Parys news by December 2023 and then issue them 1st of December 2023. Sad story here.

[herpes free now] 28/6/2022 08:31

Another day passes with no update.

Parys drill results were expected in Q1 - TARGET MISSED
With the drilling at Parys Mountain expected to commence in early
November, we would expect to have results coming back to us during Q1 of 2022

Grängesberg PEA was also expected in Q1 - TARGET MISSED
With respect to Grängesberg, we were targeting receipt of the initial results
from the study internally before the end of the March quarter

So far Mr Battershill has over promised and under delivered, I think it’s about time he underpromised and over delivered

Meanwhile what are Andrew King and Namrata Verma doing to justify their positions?

[j5thumbs] 27/6/2022 13:17

Sheffield's not too bad. Now if you'd said Skelmersdale ...

[trader465] 27/6/2022 12:46

Does anyone know did the drill rig leave site or was it kept on and moved to the northern copper zone?

[trader465] 27/6/2022 12:41

I’d guess we’ll see a half year operations update on all fronts in the next RNS

[trader465] 27/6/2022 12:36

From 14 June RNS

"On the Northern Copper Zone, the team is currently planning the next round of
infill drilling, which we hope to start in the September quarter. This will be
the first infill programme into this deposit for almost 20 years and will
provide important data for metallurgical testwork and the optimal mine design."

Listen to Jo taking about the Northern Copper Zone from 11:20




The Northern Copper Zone is 9m tons. AYM have results from one hole drilled there many many years ago with an interception of 146m!

I think the upcoming drill in Q3 could yield some excellent results and keep the share price fueled. We should be targeting the Northern Copper Zone Drill Results in Q1 next year

[smackeraim] 27/6/2022 11:01

httpS://www.steeltimesint.com/news/swedens-green-steelmaking-is-good-selling-point-to-join-nato-says-energy-minister

[kennyp52] 27/6/2022 09:46

Rumour .. it’s got a u . Rumour has it you live in a council flat in Sheffield and are skint

[kennyp52] 27/6/2022 09:39

Great call from TraderLOSER .. weekend and all that 🤣 In fact am glad I’m out of this completely .. never been in … as it’s highly likely it will be another AIM failure

[trader465] 27/6/2022 09:27

Meanwhile rumor has it Jo Battershill was photographed at a Bull Bay hotel with Elon Musk over the weekend

Transformational news due before the end of the month

[calmtrader] 25/6/2022 16:29

I'm going for 1st week in July

[benjamin15] 25/6/2022 14:45

News next week I guess 🤞

[trader465] 24/6/2022 15:57

You wouldn’t want to be out of this over the weekend

[eriktherock] 24/6/2022 15:52

"toilet seats" is an obscure reference to their combined majority shareholding.
NAK would require 50.1% of course so, unlikely.

[eriktherock] 24/6/2022 15:18

They're clearly all men in underpants :-)
NAK's 'Pebble' project is on hold and their expertise & resource would be available for 'Parys' Northern copper area if your "men in underpants" would get off the toilet seats. Have a great weekend.

[iglenn] 24/6/2022 15:06

Cheers Eric, not sure I agree the position you have set the Fib from but time will certainly tell. Unfortunately this BoD have caused a huge distrust in the market of YM potential and the current global crisis wont help even if Jo comes up with something as earth shattering as an MoU which I personally doubt. Its time Kearney and Varma either left voluntarily or were forced out but not sure thats even possible. All the best

[eriktherock] 24/6/2022 14:37

Iglenn, 'Daily' rounded up (4.25 - 3.25 = 1.00) (3.25 - 1.00 = t2.25)
No skin in game here yet. I hope you prosper.

[spacedust] 24/6/2022 14:04

400k plus buy gone through doesn't shift this shttt

[klondykejohn] 24/6/2022 10:21

Calmtrader,
we know the numbers at Labrador, and even if the numbers are good at Grangesburg, we still need to convert our assets into firm orders.
It is hoped that the board can come up with letters of Intent,for sales in the near future, but as the economic horizon is looking bleak, then I do not see any prospect of real growth in the share price until Companies begin to increase output again.
Even Elon Musk is claiming that his Tesla Companies in Texas and Germany are money pits because he cannot get the parts from China. In this instance it is micro chips, and copper for electric batteries.
The Chinese covid shutdown is hurting most industrial sectors around the world and miners are taking a bit of a hammering at the moment.
Once China opens up it`s Country again then we should see a pickup around the world in orders for steel , copper, etc.
Until that happens, the share price will remain low unless Jo comes up with LoE or firm orders.
Perhaps Kearney could give us an update?

[calmtrader] 24/6/2022 07:23

No news yet but even if we don't see them until beginning of July I'm confident we won't be disappointed with the numbers

[plat hunter] 23/6/2022 20:18

Massive 247 sheets traded today, must have been capitulation for trader. Wiped out again

[plat hunter] 23/6/2022 10:30

Yeah looks like we missed the boat Kenny, gutted eh?