Anglesey Mining Share Discussion Threads

[kooba] 15/2/2023 13:30

Are you just trying to appear a prat now...I think I know why you are being an idiot about the CEO , he told me a shareholder had incorrectly posted part of a conversation some time ago and I remember you posting some "details" not aligned to official comms wouldn't talk to them again don't blame him I feel certain they wouldn't be taking to them again , me neither ..can't be you can it trader ...and now you are all upset. Bless.

[trader465] 15/2/2023 13:15

Ted Moult, Chief Executive of Everest commented: “Fit the best, fit Everest”

Did you not learn ;-)

I think Jo Battershill would make a great double glazing salesman.

[kooba] 15/2/2023 12:40

July 22Jo Battershill, Chief Executive of Anglesey Mining, commented: "The intention of this programme was to increase the amount of resources in the Indicated category for the White Rock deposit, which stood at 4.7Mt, or 79%, prior to commencing the drilling. Given the results, we are very confident that a significant portion of the currently Inferred material will be upgraded to Indicated. The importance of this should not be discounted given Inferred resources are not permitted to be included in reserve estimates."

[kooba] 15/2/2023 12:29

Not sure many do actually read the far better comms we get these days..because few seem to notice the projects advancing !Nov 22At Parys Mountain we completed the first drilling programme since 2012, began environmental studies and appointed Knight Piésold to undertake both the design stage for the tailings management system together with the geotechnical assessment of the underground development. We also continued our engagement with local planning and regulatory authorities and local councils. The freeloaders have been granted options at 4p now most companies grant free options ..that should tell you something.

[klondykejohn] 15/2/2023 11:12

Usually see some share movement at end of year. It will be interesting to see if any of the directors decide to buy a few shares around this time. Probably some new share placement by the company further diluting our holdings.
A decent rns is required though, not just repeats of old news with some sticking plasters added.

[klondykejohn] 15/2/2023 10:13

Yep, but I did sell shares a while back when I spotted a downward trend.
I lost a few £k in the process, but it would have been much more if I had held on till now.
All I want is success for this company, but the board needs a massive reshuffle.
I invest in other Aim miners, but the market is depressed at the moment.
The EV revolution is slow in picking up probably due to the Ukraine war and massive inflation problems and oil and gas issues, but it will reolve itself by end of this year and I expect copper demand to rapidly expand. Aym will get better, but I still do not like the Old Boys Club here.

[sos100] 15/2/2023 09:58

klondy - just wondered but do you a shareholding here?

[klondykejohn] 15/2/2023 09:42

We are not too far away from the company end of year.
I hope they can announce some positives, not a copy and paste from previous years.
If the share price goes below 1.8p, then I will buy again, although I still want a real board shakeup. The Old Boys Club team have got to stepdown to give this company a fighting chance of success
We know that at the end of the day, there is money underground at Parys and Grangesburg.It just needs one massive good news item to rocket the share price back up to decent levels again

[sos100] 15/2/2023 08:26

or someone has been quietly selling down🤔

[trader465] 15/2/2023 08:18

Someone posted that the other day, think is was m1sterx, reckoning the price fell because of shorting by a certain entity over the last couple of weeks, absolute tosh, no volume and a 17% spread. The price has been falling for a year because there’s nothing actually going on there, they’re pulling out salaries, issuing shares and financial losses are ballooning.

[danmart2] 15/2/2023 08:05

Based on 20 odd years of doing nothing but talk, raise money and drain investors, he has a point.

[kooba] 15/2/2023 07:54

No but Tom certainly is.

[amaretto1] 15/2/2023 07:16

The self proclaimed mining experts squabbling like children....Good to see you both taking it all on board .......This is like a dose of Karma !!! RMM will return far far more for investors than AYM and HUM I'll return on relist !

[trader465] 15/2/2023 06:42

If you use the search facility on the SO4 thread for such as ‘NPV’ ‘Placing’; ‘delay’ you’ll see plenty of similarities to the goings on here.

[trader465] 15/2/2023 06:31

Kooba - yes I was aware, and I didn’t say Jo Battershill was a director at Salt Lake. The similarities are he was ramping the story and giving timelines, the timelines were never met and the project failed. Whether he walked or was pushed before the collapse happened is irrelevant. I see our friend Kenny was holding there perhaps he can give us more detail.

“ I met Matthew Syme and Jo Battershill, who went through the company presentation, and lots of Q&A.

There were only a few investors there as it was in invitation only job at the company brokers.

A few take away things are:

The company reckon they would be valued at 150pps if the same value metrics currently being applied to SXX, were applied to SO4‘

[trader465] 15/2/2023 06:14

Kooba - if you look out of the window you will see where the sun actually shines from, it’s most certainly not from any directors backside.

Taking a closer look at AYM net current assets figures and factoring in the placing in May and the cash handout to the Roslagen boys club, I estimate they’ve burned cash at an average rate of around £100k per month since March 2022 statement. Net current assets at 30 September 2022 were £539,077. Therefore, at that point, we had enough cash to last 5.3 months, ie mid March before the bank is dry again. Mid March is just ahead of the 31 March financial year end, no company wants to publish their annual financial statement with net current assets of 99p. I therefore reduce my timeline to a placing from 2 months to Imminent.

Is this also the reason for the delayed resource update? Perhaps hold it back to nearer the financial year end in the hope of boosting the price ahead of a big placing?

Any sensible argument against this? Perhaps m1sterx could offer his view, he tells us we are funded to the end of the year?

[kooba] 15/2/2023 05:53

Jo was never a director of SO4 and was working for them for 2 years and left in Oct 2019..the company failed 2 years later.Not the only Potash company to bite the dust. It's on his linked in..not sure what bearing this has.https://uk.linkedin.com/in/jo-battershill-85b49252As to your shareholding here..just your word on your holding that I never believed..but if you had that amount in a small mining company and you did no research , no due diligence and don't read the rns' then I guess you should not be that surprised at the outcome.

[trader465] 15/2/2023 05:18

1:15 in “we would then be hoping to develop a plant within 12 to 15 months”

Interview: Jo Battershill - Salt Lake Potash


1234Gold - 01 Mar 2019 - 07:30:46 - 98 of 860 SALT LAKE POTASH LIMITED - SO4
Jo Battershill presented at the Proactive One2One forum last night. It feels like the market is finally starting to get it. A relatively simple production process and a well understood product.


Salt Lake Potash Limited Appointment of Voluntary Administrators

[trader465] 15/2/2023 05:00

Those who’ve been here a while will know in 2021 I held over twice the monetary value of Jo Battershill’s £70k holding. No credibility should be given to any project based on the size of the salesman’s holding. I’d say £70k is small change to Jo Battershill, he wouldn’t battershill an eyelid if he lost it. Fact is he needs to “appear to believe” in the project to sell the story to investors to print more money (shares), then rinse and repeat. He’s a great actor and made more movies than Harrison Ford.

[kooba] 15/2/2023 04:10

Whilst on the subject of Phoenix..a month ago."The metallurgical testing program is progressing as planned; however, as previously communicated, assay results are taking longer than originally anticipated due to laboratory backlog."We look forward to reporting additional assays from the program as they become available and appreciate everyone's patience while the assay laboratory continues to make headway on the sample backlog."