Anglesey Mining Share Discussion Threads

[itsmyshares] 19/7/2022 13:48

Being quoted 3.99p by ig markets for 780880 shares.

[trader465] 19/7/2022 12:15

Keep your eyes open for a new proactive interview with Jo

[kooba] 19/7/2022 11:02

i spent some time talking to the ceo a few months ago..there are much wider funding opportunities around now , off takes , royalties , farm ins. There is a bit of a renaissance in mining finance happening as end users look to secure industrial metals. To get to that point you have to have full assessments and permitting in train. This is what the company is doing across its three interests. The upside on achieving external finance is enormous. We will see, talking finance with little dilution and achieving it are different things. Recent board appointments with specific mining finance expertise are not an accident.

[luckyabbeygale] 19/7/2022 10:51

I think the MM will offer me a lot less than 3.7525p for 467019 shares if that is the case.

[spacedust] 19/7/2022 10:42

Don't think anyone those options will happen.

Likely outcome - dilutions placings etc

[kooba] 19/7/2022 09:56

Likely scenario on Grangesberg is a combination of farm in and off take agreements with local steel co's to get the site up and running. However its not at all impossible that local concerns look to secure ownership with an outright offer. If that fully reflected potential value then could go a very large way to full funding for Parys. Can but dream as that would be a very cute outcome.

[kennyp52] 19/7/2022 09:38

Lol .. it’s the Trader465 effect .. can’t get it out of the ground and sold is the problem. No market confidence .

[klondykejohn] 19/7/2022 09:16

But more drilling required to consolidate and update old results.
The market hasn`t decided yet as the share price just over the 3p mark
What worries me is the fact that we only own 20% of Grangesburg.
Would you sell the rest if the figures were good.
Even if we somehow raised the cash to buy the extra 50% option, where do we get the money from and how much would it cost to get the mine back into production.
Too many unknowns for me

[luckyabbeygale] 19/7/2022 09:09

SOS100. I do have another name and it is this name.
I was in Ironveld and now I am hoping AYM will unlock all the lost promises that I once had with Ironveld.

[trader465] 19/7/2022 08:59

Grangersberg already has a rail link to the port, we just need some weed killer and a couple of electric trains ;-)

The railway line associated with previous mining operations at Grängesberg is
still largely intact, though not in use, and connects the mine site to the port
of Oxelösund. The proposed project will use this existing railway line, subject
to any necessary upgrades and permits

[kooba] 19/7/2022 08:58

Definitely green steel a thing as is security of supply to a key Swedish industry. One of the main ore sources in Sweden is depleting fast and they need new premium ore sources locally. Although some work to do , this is brown field and already has much infrastructure in place. It is likely the nearest term opportunity to secure quality ore to steel industry green or not.

[noccer] 19/7/2022 08:48

With a big push for "green steel" centering on Sweden, this is a high grade resource in the right place and at the right time. I think it should attract quite a lot of interest. H2 Green Steel has just got permits to build a new green steel plant in Boden, Sweden. SSAB are also in the race to produce green steel in Sweden opening in 2026. Green steel needs green iron ore - locally produced and moved by eletric rail locomotives (hydro-electric for the main part in Sweden).

[trader465] 19/7/2022 08:46

Patience.

Anglesey Mining PLC Grängesberg PFS Highlights Post-tax NPV8 of US$688m

[spacedust] 19/7/2022 08:45

Yip lucky 3p holds

[itsmyshares] 19/7/2022 08:21

What is going on?. I said what I said to put buyers off before I picked up my long position. I was also angry since I wanted to put like 5 grand in or more if I never put a 40K deposit down on a house.

[trader465] 19/7/2022 08:14

“The opportunity for Anglesey Mining is now to advance the project through to a
Financial Investment Decision. This could be completed along with securing a
strategic investor, offtake partner, separate listing, or a combination of
these options”

[trader465] 19/7/2022 08:12

No doubt the team will have irons in the funding fire as they move the projects forward.

[sos100] 19/7/2022 08:11

i think there will an agreement to take our holdings to a higher % ,get it financed to production etc etc...

that would make more sense given we have the first option to take this to 70%

[pistolpete100] 19/7/2022 08:08

Generally agree however in this market none of it seems to matter unless the funding is there...

[smackeraim] 19/7/2022 07:56

Grangesberg the dark horse eh

[sos100] 19/7/2022 07:41

itsmyshares
19 Jul '22 - 07:39 - 158 of 159
0 0 0
Do not bother buying first thing. No doubt a trap will be set by the market makers.


whats your real user name - read same comments elsewhere😉

[trader465] 19/7/2022 07:40

8p today 👍

[itsmyshares] 19/7/2022 07:39

Do not bother buying first thing. No doubt a trap will be set by the market makers.