Anglesey Mining Share Discussion Threads

[sos100] 08/11/2022 11:47

Anglesey Mining plc
@AngleseyMining
·
1h
Great to see WH Ireland's deep-dive note this morning giving a fair value of 11.2p per share, significantly above our current 2.3p share price.

To highlight, the analysts are only using 20% of the Parys Mountain NPV and 20% of our stake in Grängesberg.


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bit desperate now to start quoting analyst broker notes

[danmart2] 08/11/2022 11:18

They should flip one of the assets to fund the other.

If they don’t, we can expect more dIlution and delay.

[calmtrader] 08/11/2022 11:09

I don't think non-exes are allowed too

[kooba] 08/11/2022 11:04

Kearney participated in the last fund raise i believe. Think you are right on the other new directors.Jo has put his money where his mouth is and that is the most important vote of confidence as far as i am concerned.

[herpes free now] 08/11/2022 10:53

Jo is on the board of Alien Metals, directors are buying there.

It would be a vote of confidence if we saw a higher percentage of director ownership here. I don’t think Andrew King, Namrata Verma or John Kearney own one share between them.

[kooba] 08/11/2022 10:11

https://www.angleseymining.co.uk/analyst-research/

[kooba] 08/11/2022 10:09

Great to see WH Ireland's deep-dive note this morning giving a fair value of 11.2p per share, significantly above our current 2.3p share price.To highlight, the analysts are only using 20% of the Parys Mountain NPV and 20% of our stake in Grängesberg.https://twitter.com/angleseymining/status/1589918706322518016?s=61&t=R-Fhr2j-ZUrjMWk16UJ02A

[calmtrader] 08/11/2022 09:44

WH Ireland research note out.

[calmtrader] 08/11/2022 08:48

WH Ireland just published research 11.5p current very conservative valuation

[danmart2] 08/11/2022 06:44

Are they waiting for someone to knock on their door?

[ryanrhys1] 08/11/2022 06:36

This company won't get off the ground thought, nice talk great presentation I do believe there's the copper there but still where's the millions in investment coming from.....!?

[herpes free now] 07/11/2022 19:57

If Jo sold parys for £10m and concentrated on Grangersberg, there’d plenty of cash

[mrmcnee] 07/11/2022 19:39

Under the old brigade they ran the company conservatively, Main Market listed, in lean times they protected the shareholder base from dilution, they ran the company on a shoestring but retained all the projects, it made AYM immune to the spivs who make a living by naked shorting, forward selling, spread bets etc.

The new CEO changed all that, he strikes me as a spivvy city type (he worked among them for years), moved the listing to AIM, he may have an understanding of mining but happily trots off to the usual bucket shop broker(s) to raise funds at ever lower levels when the mood suits.

The litmus test - will he do it again at current levels shortly, looking at the share price performance that seems nailed on.

Despite all of AYM's 'potential' one has to question why they have not brought in a material JV partner or disposed of one project to finance the other.

The next move will be interesting.

[djb3] 07/11/2022 19:25

Only strategy is to take more cash from shareholders unfortunately. Some shareholders i.e. trader will say anything to make investors part with more cash. Only last week he was saying this was getting taken over and it also produced copper but neither is true.

trader4654 Nov '22 - 15:47 - 417 of 424

see the AYM quarterly production report. They’re currently ahead of guidance and rumours circulating in the Wall Street journal that Freeport Macmoran are about to buy AYM!

[djb3] 07/11/2022 16:22

Timberrrr... Another issue before XMAS.

[herpes free now] 07/11/2022 15:46

Where is the resource update, we need some good news here

[klondykejohn] 06/11/2022 14:14

It`s all "Iffs and Buts" with this board.
No real clear plan of action
Those that bought in at the last share offering must be scratching their heads with this group of board members as they are currently facing a loss on their investment.

[sos100] 06/11/2022 13:55

But whats the plan for share price appreciation? (that should be the only thing of significance for us shareholders)

from past experiance,getting an asset into production doesn't always mean the shareprice will go up but perhaps the Iron project is the key for for investors...

[klondykejohn] 06/11/2022 13:55

No real timelines though trader.That is what is lacking in ALL the interviews the Board are posting.

[calmtrader] 06/11/2022 12:50

Just log on to the website or listen to any of Jo's interviews and you can read:hear a clear path to production

[sos100] 06/11/2022 10:26

no long term strategy that i can see...

[klondykejohn] 06/11/2022 10:02

Doubt it Herpes, As kenny says, we are not mining anything. Not only that, we don`t appear to be even considering mining anything in the near future.
We might get to 3.0p, but even that is in the lap of the gods.
I am just waiting for the next batch of dilutive share requirements to be announced.
I really pity the larger volume shareholders (Juno excepted).
You put your trust in a BoD to deliver, but sadly, this Board seem to be trapped in a spiders web.
So sad really.

[herpes free now] 06/11/2022 09:01

Copper highest close since July, last time copper was this price AYM was 4p. I expect a resource update soon and AYM back over 4p

[calmtrader] 06/11/2022 08:39

QME provide 100% and get 30% of the project