Anglesey Mining Share Discussion Threads

[iglenn] 06/7/2022 13:41

Agreed Plat, its a textbook reversal pattern forming. back to to 3.4200 already

[plat hunter] 06/7/2022 13:30

Copper bottoming, could get a knock on retrace

[spacedust] 06/7/2022 13:28

News. Good news. So should end red by end of the week or flat at best

[iglenn] 06/7/2022 13:04

I'm going to go out on a limb now and believe that IF copper finishes the day around the 3.4420 level it will have formed a huge pin bar on D1 indicating at least a short term reversal to the 3.800 levels. Now I'm going to open myself to ridicule eh. But its the first pin bar it has formed since March. I'll go long if it does so.

[ged5] 06/7/2022 13:00

At last some good news in one of the companies I hold. I like that last line as well/

[smackeraim] 06/7/2022 12:50

RNS Jo Battershill, Chief Executive of Anglesey Mining, commented: "It is very pleasing to see Labrador Iron Mines announce the Strategic Investment from Scully. The inflow of funds is a key development to help unlock the significant value of the Houston project, which has obvious benefits to Anglesey shareholders. Scully is a very well credentialled strategic investor with extensive iron ore mining experience and relationships within the Labrador Trough.""The iron ore assets within Anglesey have significant value and present strategic opportunities in geopolitically safe and mining friendly jurisdictions. The Grängesberg Iron Ore Project in Sweden, in which we hold a 20% direct interest and 50% interest via a right of first refusal, is one of the largest iron ore development opportunities within the EU and could potentially supply up to 2.5Mtpa of high-grade iron ore concentrate to European and Middle Eastern steel mills for at least 16-yrs.""We look forward to updating the market with respect to the Grängesberg PFS update in the near term."

[iglenn] 06/7/2022 12:46

christ the Euro is taking a hiding today

[trader465] 06/7/2022 11:51

Last time AYM were at 90p there were about 180m shares in issue, now we have about 280m shares in issue, so the equivalent share price would be about 57p

Also, in those days we didn’t have the Grangersberg asset, and now we have increased resources at Parys to boot, so my target of 40p within 2 years is looking very reasonable.

[benjamin15] 06/7/2022 11:25

Last time they were digging ore out the ground we went to 90p 🤞

[smackeraim] 06/7/2022 10:55

https://twitter.com/oilplayer2009/status/1544616862465548288?s=21&t=yrO66zNP-NQbQuKcvtaYjQ

[klondykejohn] 06/7/2022 09:39

I caught him over on the PXC page spouting doom and gloom for them.
First time I have seen him over there.
No doubt he will now post here some ancient times of his PXC posts.
He is a moron and should be barred

[kennyp52] 06/7/2022 08:49

Iglenn … TraderLOSER has lost all of his money .. I think it’s pretty obvious how . All he has got left is his ego trying to make himself look superior when in reality achieves the polar opposite . Weirdo .

[iglenn] 06/7/2022 08:45

mind you (and thank you) Plat, even though I called you for the non genius prediction, it was also hardly genius of me to follow a down trend. That said it has bounced hugely as commodities are apt to do in this market.

[mininglamp] 06/7/2022 08:41

The deal reported overnight concerning Labrador Iron Mines would mark to market or value AYM 12% stake around $7m

[plat hunter] 06/7/2022 08:30

Yes, good call iglen, trader wrong again lol

[smackeraim] 06/7/2022 08:12

Nice spot Benj

[calmtrader] 06/7/2022 07:43

This is very good news

[iglenn] 06/7/2022 05:48

Thanks j5. Hit my target

[smackeraim] 05/7/2022 23:06

SOS100 Agree updates are dragging on, but this isn't the only explorer getting battered. Actually holding up well compared to many!

[j5thumbs] 05/7/2022 20:49

Good call on copper, Iglenn.

[kooba] 05/7/2022 18:48

Results out the other day.'In order to fund these near term initiatives and provide ongoing working capital, the Company is working to complete a potential private placement financing of approximately $ 5.0 million.'https://finance.yahoo.com/news/labrador-iron-mines-reports-fiscal-210500322.html

[calmtrader] 05/7/2022 17:12

It is right as it's in Management report on Labrador website page 14. Though transaction hasn't closed yet

[calmtrader] 05/7/2022 16:28

Got this from the Labrador BB ?In order to fund its near term initiatives, the Company has announced an agreement for a financing by Scully Royalty Ltd. through the private placement of 13,043,478 shares at US$0.23 per share, for gross proceeds of $3.9 million (US$3 million), This transaction has not closed at the date of this