Anglesey Mining Share Discussion Threads

[sos100] 16/5/2023 09:37

awful investment...maybe in future there will be a pump to 3p

calmtrader - you must be loaded with AYM shares?

[klondykejohn] 16/5/2023 09:34

Got to agree a bit there trader.
Price will continue sliding until it reaches the 1p barrier, then it is freefall.
Bad investment, bad management and a bad company.
Beggars belief.

[trader465] 16/5/2023 08:10

£1m isn’t going to last long with so many fingers in the till, I’d say they’ll be back looking more cash before year end. September will show just how much cash they are burning through

[trader465] 16/5/2023 08:03

m1sterx - I believe I was correct and you were wrong sir. Why do you think they downgraded to AIM? Juno took out dilution protection just after the downgrade and right before the placing last year.
Two fingers to private investors.



“m1sterx - 11 Feb 2023 - 10:24:37 - 4918 of 5450 Anglesey Mining
The level of dilution suggested by a certain entity on this BB will simply not happen, the reason being Juno with their 23% stake will not allow it.

Talk of a placing is very wide of the mark, they stated they have a cash runway to year end”

[calmtrader] 16/5/2023 08:03

Well I've subscribed for some

[m1sterx] 16/5/2023 07:24

Never mind shareholders can look forward to a nice soft interview on Proactive later.

[trader465] 16/5/2023 07:21

The downgrade to AIM and Juno taking out a dilution protection agreement was a clue to what the plan is for AYM. I suggest in another couple of years there will be over a billion share in issue here

[spacedust] 16/5/2023 07:15

Like I said geniuses sold at 11p. This wil never hit 11p. In yrs to come they'll raise more and more and the do a consolidation which will be the death of the share price and then repeat and rinse

[trader465] 16/5/2023 07:12

The extent of losses arising from the restarting of salaries and perks will be revealed in September. I think the share price will take another big hit when they drop the numbers on the market.

[kierculpa] 16/5/2023 07:07

No one will believe anything JB ever says. Credibility shot to pieces. Time to resign.

[trader465] 16/5/2023 07:04

New lows. Glad I started bailing when it dropped to 3p

I don’t think anyone actually does any full time work at this company. I suggest most are sat at home all day, maybe send one or two emails a week for £100k a year.

[m1sterx] 16/5/2023 06:58

Never trust an Aussie.

[grimreaper2019] 16/5/2023 06:55

trader465

It pales me to say it but you were correct in your change of stance, I have to admit I was undecided, the shares were a traders joy under the old timers being ramped up to 11p at one time, under Battershill the stock has become a rolling short.

The man claims he was a broker, bet he has never ever heard of forward selling, bucket shop brokers and all the cr@p associated with AIM.

He needs to start delivering value or resign.

[grimreaper2019] 16/5/2023 06:26

What a sh1t show this company has become ever since 'effervescent Jo' was appointed CEO. He boasts about raising 100's of millions $ in the mining sector but his ability at Anglesey is to head of to a bucket shop broker at the drop of a hat.

The man is all smiles and 'buzz' around his shareholders (site meetings where 30 or so attended) yet stabs them in the back with hideously discounted placings.

The man has shown his true colours today - it is a warning for future events.

Since his appointment the share price has fallen by 70%.

[trader465] 16/5/2023 06:23

And there’s the expected placing….




trader465 22 Mar '23 - 05:04 - 5211 of 5438
Their cash machine is almost empty now, placing at 1.5p to refill it?

trader465 14 Apr '23 - 10:02 - 5386 of 5438
AYM bank account is now empty again, another placing is imminent.



Issue Price of 1.5 pence per share

[calmtrader] 15/5/2023 07:27

Can sell 1m online

[calmtrader] 12/5/2023 13:08

Buyer around

[trader465] 11/5/2023 08:10

The outlook is deteriorating here. LIM ceased production in 2014 when iron ore fell to $130, it has now fallen to $107 which doesn’t bode well for grangesberg development. Also the current climate of higher interest rates will make any potential financing difficult.

[sos100] 11/5/2023 08:00

can't keep preaching all this to the retail investor...

[calmtrader] 10/5/2023 08:37

Must be investors lack of understanding of the assets we have and time scale to Mining

[benjamin15] 09/5/2023 08:58

Why is it so cheap though 🤔

[calmtrader] 08/5/2023 13:46

It sure is dam cheap..time to add

[spacedust] 05/5/2023 08:17

We need a pump before placing. We should get out before the placing. Spike this to 6p for no reason please