Anglesey Mining Share Discussion Threads

[djb3] 12/1/2023 20:27

trader46512 Jan '23 - 07:25 - 4696 of 4741

We should see a nice pop in the share price today, other small cap miners have already bottomed and started turn upwards over the last couple of months, we still have a resource upgrade to come as well

Errrrr no.... wrong again 🤡🤡🤡

[kooba] 12/1/2023 18:34

There are a few others out there who might want an iron ore supply in Europe both end users , steel companies and auto manufacturers and traders likehttps://www.trafigura.com/about-us/what-we-do/If they could get a cornerstone off take partner like Nordic did then it could be floated off separately to raise additional finance in the local market. The environmental positives on logistics and the ability of local plants to produce green steel is quite a compelling combination.

[bodgit] 12/1/2023 18:03

calmtrader, thanks for that link. Jo B in a recent interview was quite bullish about Grangesburg. The cautious words by him in today's announcement about how much remains to be done are understandable. I would like to be clearer on what the timeline is. It also makes sense to me for Cargill to be very interested in our project and they certainly have the financing and iron ore interests. We'll see. Meantime, the share price remains in the doldrums. Maybe a Parys resource update will help give it a boost. Gla.

[calmtrader] 12/1/2023 17:31

https://www.proactiveinvestors.co.uk/companies/news/1003155/anglesey-mining-proposition-boosted-increased-stake-in-under-appreciated-asset-broker-1003155.html?viewSource=TwitterUK

[spacedust] 12/1/2023 13:01

Aym will become a rinsing machine. Placings after placing to pop up anytime anywhere. Then consolidation repeat rinse repeat.

Only miracle is a pump and dump

[5chipper] 12/1/2023 12:27

I read that as debt that will now be owed to AYm?

[bodgit] 12/1/2023 11:57

camtrader, thanks for the Cargill link, interesting and not least because their mining interests are only a few miles from Grangesburg. So far today, such little interest in AYM shares. Maybe other current/potential investors in our shares are confused as to why Anglesey did not at this stage take a controlling interest? That's a question I would like to hear answered by Jo B. I'm only a third underwater with these shares.... Gla

[klondykejohn] 12/1/2023 11:28

I suppose that the creation of 14.5m new shares doesn`t help, nor the transfer of 40% of Grangesburg debt to Aym, although I don`t know how much this debt is.
Then there is the transfer of £87k to Grangesburg owners.
This from a company with limited funds.
I see a new share placing happening soon.
Good to own 49+% of Grangesburg, but is not a controlling interest. There lies the rub

[klondykejohn] 12/1/2023 11:01

There must be some major underlying reason why the market is not reacting.
Do they know something that we don`t know, or is it about the BoD?

[spacedust] 12/1/2023 10:25

Not a single predator gives a monkeys. No one will buy us out. The share price will remain stagnate.

Only hope is for a pump and dump to 10p and then get out.

[kooba] 12/1/2023 10:22

Similar situation calmtrader bringing a retired mine back to production they have very similar profiles but with significant capital commitment from Cargill in the form of an off take agreement to fund development ,one of the biggest commodity traders in the world...project that once completed would produce approximately 1,600,000t per year of a 68% Fe concentrateSeparately listedhttps://finance.yahoo.com/quote/NIO.ST/Grangesbergproducing 2.5Mtpa of >68% Fe concentrate, with a mine life of 16-yearsSomewhat bigger.

[kennyp52] 12/1/2023 10:03

calmtrader .. only way they are going to realise any value imho . Let someone else do the digging .

[amaretto1] 12/1/2023 09:54

They have Zero .....Could they get a placing away ? Imo NO

[calmtrader] 12/1/2023 09:47

This is next door to Grangesberghttps://nordicironore.se/en/ir/pressreleases-single/?slug=nordic-iron-ore-ab-and-cargill-sign-memorandum-of-understanding-mou-to-explore-long-term-partnership-including-product-development-investment-in-the-blotberget-project-and-product-offtake-f379654d

[spacedust] 12/1/2023 09:44

Cannot ignore facts

Fact = it hit 11p on nothing
Fact 2 = past 12 months we've had fantastic news galore
Fact 3= share price has gradually declined despite all the fantastic news

[kooba] 12/1/2023 09:27

Well its what the ignore option is for..

[kennyp52] 12/1/2023 09:25

Moth ball of mine .. they don’t have a working mine !?

[amaretto1] 12/1/2023 09:21

Down she goes ....Placing at very best !!!!More like moth ball of mine

[amaretto1] 12/1/2023 09:05

Shut the Welsh hill ....Move to Switzerland.... sounds like there plan

[amaretto1] 12/1/2023 09:04

Totally agree .....Moth ball it .... wait for the Romans to reappear