Anglesey Mining Share Discussion Threads

[kooba] 16/8/2022 19:29

I think the ceo is doing everything right after years of inactivity. We will have highly valuable and viable de-risked mining projects in our portfolio finally ready to seek attractive funding.The new ceo has aligned himself with shareholders by making some quite serious purchases. You cannot progress projects without cash , as was proven by the previous executives who went no where for decades.If the man was not out there extolling the virtues of the company as he is tirelessly he would get far more stick ..so we'll done him for getting the story out there.he is trying to get the story..and it's a good one on the map.Personally think we will se a strong recovery in industrial metals and the locations of assets for security of supply will be far more important.More progress has been made in a year than the previous 10.Fully supportive...for now.

[mininglamp] 16/8/2022 17:25

We believe Grängesberg is a hidden gem...

[noccer] 15/8/2022 21:21

What has to happen is they plug the numbers from the recent drilling into the 3D model and issue revised numbers transferring ore from inferred to indicated in the ore body. If they have a qualified persaon and a live model its an easy job. If they have a business managent qualification then they need to find someone who knows their backside from their elbow and get it done, like QMI (or maybe Micon have the original model and are being tricky).

I thought the drill results so far looked positive, but until they are plugged into a resouce model they are worthless.

But Grangesberg needs some progress and linking to the green steel initiative. That is a real thing, and there is real value to be had there.

They need to sell share in LIM IMHO.

[klondykejohn] 15/8/2022 19:57

The truth of the options issue is that the long-term period (2030) that they are valid for, removes any incentive by the board to be proactive in the short term.
Far better to have had them open for, say, 2 years after which time they would have lapsed.
The markets have not been overly thrilled and we now languish down at 2.8p, from above 3.0p up until the announcement was made.
I do not think that the board should go unpaid for their services, but where are the targets that they should be meeting?
Have any been set?
Set targets, including a minimum share price rise and some milestones that need achieving, and offer shares on results.
7.5 year options are meaningless and suggest that the price may take 7.5 years to reach 4.0p or just over that figure.
It is time that the board paid some attention to shareholders other than Juno and began to move this company forward in a respectable time frame offering value for money.

[herpes free now] 15/8/2022 16:57

Jo has been at AYM for a year now, we have seen 25% dilution and a 25% fall in the share price.

What’s the plan now? Has he run out of ammunition?

I certainly hope we don’t see AYM at 0.3p with 2.8b shares in issue as I’ve seen with other similar companies in the past

[jbennett] 15/8/2022 15:34

Total waste of time new CEO or not

[spacedust] 15/8/2022 07:40

Plan is to issue excellent rns consistently for months and months. Sp stays in the doldrums

[empoggio] 13/8/2022 17:57

Thank you Trader...but I can't enter a COMEX or whatever code other than traded co?mpany shares...what Code could I use

[trader465] 12/8/2022 16:38

empoggio - just hit the chart and overlay buttons, then enter the relevant instruments in the symbol boxes

[wassapper] 12/8/2022 13:01

No idea sorry.

But good to see all our metals making good price recoveries from the low a mponth or so back.

[empoggio] 12/8/2022 10:07

Hello everyone

My post here today is in the form of a request for assistance:

How can I 'overlay' in ADVFN charts, a plot of utilities prices, such as gold, copper, lead and the like.

Thanks

[calmtrader] 11/8/2022 13:50

https://twitter.com/angleseymining/status/1557685518619627521?s=21&t=0AJEcaEQ8Zx91Sxs-_5aew

[kennyp52] 11/8/2022 08:24

What’s the plan ? Doesn’t seem to be any direction with AYM .

[herpes free now] 10/8/2022 09:20

How much is the extra drilling and feasibly study going to cost at Grangersberg? And where is the cash going to come from?

[herpes free now] 10/8/2022 09:10

I don’t think they have enough cash for the 50%?

From what I see they’re planning more drilling and then a feasibly study, which, based on the 9 months it took to drill a few holes at Parys, will be end of next year before they get any drill assays from Grangersberg. Perhaps best to sell all and come back next summer?



‘Based on the positive outcome of the Pre-Feasibility Study Update, Anglesey
will now look advance the project towards production by starting the work on a
Feasibility Study, including completing recommended drilling’

[calmtrader] 10/8/2022 08:55

Probably Grangesberg hopefully how /if we acquire the additional 50%

[herpes free now] 10/8/2022 08:50

What and when is the next expected news?

[calmtrader] 08/8/2022 21:27

https://twitter.com/angleseymining/status/1556669127242223617?s=21&t=VczcYFtmLWb_GdIQ89kAtA

[spacedust] 05/8/2022 12:54

12p looks impossible. Those who sold at 11p are pure geniuses. 11p before any studies or all the brilliant news this yr.

[bigbigdave] 05/8/2022 06:33

Parys Mountain is a genuine brownfield development opportunity in a prime location ⛏️

In 1988, Anglesey sank a 300m deep shaft, completed 1.0km of tunnels, mined 2,000t of ore and produced an 800t parcel of concentrate that was sold to Pasminco.

There is no environmental liability on previous mining activity and significant local infrastructure including roads, rail, power and port already in place. The project also has strong local and regional support which is great to see.

[j5thumbs] 04/8/2022 16:52

Ged5, how do you find that info?

OOPS - just spotted it. Doh !

[herpes free now] 04/8/2022 16:49

It’s risk free, if the share price crashes they lose nothing.

The Options will lapse on 31 March 2030, so they only need the share price to rise above the ridiculous target of 4p within 8 years to make a guaranteed risk free profit.

I need 12p just to get back the original sum I invested.

[wassapper] 04/8/2022 16:34

Well it's not actually for free. They will have to pay 4p and the vesting dates are interesting. I'm always happy with options. It is an incentive. If they want to make REAL money they need to get the share price to 10p or 20p. If they do that I'd be happy. I'd be happier if it were 40p or 50p which is whwre it should be.