Anglesey Mining Share Discussion Threads

[calmtrader] 15/12/2023 09:43

A quiet this morning..though stock is very well bid!!

[kooba] 15/12/2023 08:54

I know the story as well as anyone..the fact serious progress has been made in the past two years and we are getting ever closer to a PFS and ready for development i find a cause for enthusiasm not moaning about the 28 years before that and that the shares are recovering. Each to their own but constant talk of pumping is extremely boring when it's buying on the back of the positive news and a site visit that has been announced. I have bought a few more on the data as i said..i am not buying for any short term reason.

[benjamin15] 15/12/2023 08:03

Kooba
I have been in this share for years, same old story, they have never mined a thing, is it 30 years now they have been sitting on Parys??

[kooba] 15/12/2023 07:57

Seems you don't want the shares to better reflect the underlying value...if you think any rise on positive news flow is a pump then just sell into it ..you must think you will always buy back lower...don't just talk about it , its very dull and adds nothing to a sensible discussion on the board.

[benjamin15] 15/12/2023 07:54

Xmas pump coming 🤣🤣🤣🤣9315;

[thedickster] 15/12/2023 07:16

Thanks Kooba. tdc, yep poised to break above a year-long downward channel with that target as a min.

[the_debt_collector] 15/12/2023 06:38

Breakout alert triggered on this site yesterday, looks good for 2.5p near term.

[thecoyone] 14/12/2023 22:49

A repost but worthy of consideration...........


Some big city 'names' are getting behind this, the update from WHI was exceptionally positive.

Cannot rule out a takeover approach or deal with a mid cap/major on Parys Mountain.

Current £6m market value for the entire company is a hideous anomaly that will not last.

A must listen, from 11 mins on

[calmtrader] 14/12/2023 20:09

Assay results s/take around 28 days so should have results end of January

[bodgit] 14/12/2023 19:54

Thanks from me too kooba, appreciated. Gla shareholders and of course AYM employees.

[wisteria2] 14/12/2023 19:49

Thanks kooba

[lookingforhelp] 14/12/2023 18:44

Thanks for that summary.

[kooba] 14/12/2023 18:25

For those interested the shop conclusion after recent newsflow and the analyst site visit to Parys.WHI View: It is clear that Anglesey has made significant progress since the PEA was reported in 2021, and, unusually, the assumptions used in the PEA appear to have been very conservative, particularly with regard to metal recovery, and we consider that the feasibility studies could enhance the project economics significantly.Many of the supporting aspects that feed into feasibility studies are already at an advanced stage (geotechnical, metallurgical, permitting, environmental baseline studies), and this will shorten the timelines to a point where the project is ready for an investment decision.We are particularly encouraged by the robustness of the geological model; this is indicative of a solid understanding of mineralising controls and the structure of the area, all of which facilitates accurate drill targeting that in turn supports resource growth. Of particular interest is the folded contact between shale units (the main mineral host) and rhyolite; investigation of this lithological contact represents significant scope for resource upside in our view. A historical (non-JORC) 30Mt zone of mineralisation was reported in the NCZ though the PEA necessarily considered a more limited resource; this is again a conservative approach to future production potentialAssays are pending from drilling and the success of the current NCZ drilling campaign is yet to be determined, though initial signs are encouraging. We expect that the current campaign will result in the addition of significant resource tonnes and an improved resource classification indicating increased confidence.In addition to long intersections of the mineralisation we observed on the site visit, we are encouraged by high drill core recovery and of the rock quality, it is our opinion that the rock quality is sufficient to support stopes sizes sufficient for bulk mining methods.The significance of the recent metallurgical test work can't be over-emphasised - Increased recoveries and reduced tonnages sent for comminution will have a significant impact on project economics (capital and operating costs) and this introduces the potential of lowering the cut-off grades applied to resource modelling, thus expanding the resource tonnages that in turn support bulk mining methods and economies of scale.Parys Mountain will remain a polymetallic deposit, but, as drilling continues at the NCZ and Garth Daniel zones, we anticipate it will become increasingly leveraged to the copper price.We firmly believe that copper prices will remain strong into the future as the electrification of everything gathers pace and future supplies from major development projects in Latin America suffer political and social interruptions.The consideration of additional recoverable gold in future studies will also have a positive impact on project economics in our view.We will continue to monitor results as they are reported, probably in the new year, but based on what we saw during our site visit we anticipate solid drill results that will both support an enlarged resource (subject to assay) and that this will form the basis of a compelling feasibility study.

[kooba] 14/12/2023 18:09

Meanwhile copper moving which can only have a positive impact on the economicshttps://tradingeconomics.com/commodity/copper

[wisteria2] 14/12/2023 17:51

Looking Good, not sure how long it takes before the results come back from the lab? re parys mt.
But feel this was so oversold in recent months, and with limited stock available... AYM is perhaps recruiting some more value. The share price is poised for breakout to the up, and if its parys mt and or the svensk asset that shine shine i don't mind ! GLAH

No doubt the nay sayers will still shout ur own positions

[broken_arrow1] 14/12/2023 16:24

Premium being asked for just £3k of stock now.

[mininglamp] 14/12/2023 16:22

News lodged or in the pipeline one wonders?

[broken_arrow1] 14/12/2023 16:16

Something is brewing - online buyside limits are near zero currently.

Chart breakout with next target 2p+

[benjamin15] 14/12/2023 16:10

This is going up on no volume.....

[broken_arrow1] 14/12/2023 15:48

Next to nothing available online, most retail brokers are 'at best' IG suggest they have £5k sitting just under 1.6p but it could be a false flag.

The stock is very illiquid.

[spacedust] 14/12/2023 15:41

Mms don't give a monkeys. They could find a mountain of pure solid gold the size of planet Jupiter and mms won't give a shtsss

[mininglamp] 14/12/2023 15:35

The break up value of this company is probably in a range of 5 to 10 times the current market cap, one wonders if there is something afoot, corporate activity coming ?

There are a number of clues out there, one thing we all know, the stock is dirt cheap at current levels.

[aussiebeach] 14/12/2023 14:51

Copper price surging higher, this looks cheap.

[benjamin15] 14/12/2023 09:36

Another Harry Potter book?

[calmtrader] 14/12/2023 09:24

I wonder what JK is planning