Anglesey Mining Share Discussion Threads

[m1sterx] 15/12/2023 15:58

No smoke without fire folks, especially on leaky AIM.

[benjamin15] 15/12/2023 15:55

Going to go higher, knocking 😁 n full asks doors

[mininglamp] 15/12/2023 15:49

The 12 month high is 2.9p but the 24 month high is 4.4p so I suspect an offer pitched around 5p a share would take out the retail holders.

You know bids for companies always occur near market bottom and when recovery is in the headlights.

So yes AYM could be about to receive an offer, maybe a statement on Monday ??

[broken_arrow1] 15/12/2023 15:25

Just 100k of shares sitting below offer then it is 1.75p+

Volume is the clue, something is going on for sure.

[thecoyone] 15/12/2023 15:13

This is no P&D, I am expecting an offer for the company brokered by Varma (Juno) & Energold (Kearney) both former directors, partly financed by a lead bank.

They would secure retail support around 4p/5p a share IMO.

You do not get a 20% stake change, directors leaving, analyst group visits (for diligence purposes) + a number of 1m+ on market purchases without foundation.

The company may be forced into a statement, the under valued nature of Anglesey is chronic, a sitting duck target.

Do your own research etc.

[benjamin15] 15/12/2023 15:10

Space dust
Up she goes

[spacedust] 15/12/2023 14:09

Pump n dump is the only salvation here

[benjamin15] 15/12/2023 13:56

Space dust
It will, don't blink though 👍

[spacedust] 15/12/2023 13:41

Millions of buys yet share price is not spiking

[the_debt_collector] 15/12/2023 12:25

Recent large buys include 1m @1.6p 1.2m @1.6p and now 750k @ 1.7p

You do not get on market buys in a illiquid stock like this without reason, suggests someone knows something.

Was the 20.5% stake change a catalyst.

[benjamin15] 15/12/2023 12:11

Not much more buying needed for it to pop, there you go kooba...

[mininglamp] 15/12/2023 12:03

Can confirm there is next to nothing available online, I do wonder if this is going to materially re-rate given the excellent drill cores, it looks like Anglesey may be sitting on a very high grade copper system.

Those analysts were very excited and lab news is eagerly awaited.

This could quickly turn from a £6m m/cap to £60m+ if it starts attracting real 3rd party financing and/or investment interest by way of a JV or bid approach.

[broken_arrow1] 15/12/2023 11:28

1.75p now being asked for £3k worth.

[broken_arrow1] 15/12/2023 11:22

A premium being asked for just £3.5k of shares currently.

Would not rule out a large background buyer.

[thecoyone] 15/12/2023 10:57

The recent analyst visit by multiple parties has placed AYM on the map, there are some very big hitters looking at this as an investment proposition hence recent 1m+ buys.

Alan Green suggested that AYM was worth 4 times the current market value just based on Parys Mountain alone, enough said.

You cannot rule out some form of commercial activity either - direct sale, IPO or even bringing in a significant JV partner, all possible.

Do not miss the re-rate, it's from exceptionally low levels.

All IMO & DYOR etc.

[noccer] 15/12/2023 10:54

While we watch the price slowly creep up ...

Has anyone here read about the 1000m of mine tunnels dug out from the bottom of the Morris shaft and wondered where they go? This was back in 1988-1990 when 2000 tons of ore were raised to be tested in a pilot plant. This was just before the recession when metals prices collapsed, causing plans to move up from pilot scale to be shelved.

I found a 2001 paper about the geology of Parys Mountain which shows where the tunnels go (page 1294). The rest of the paper is about the geology, and underpins the diagrams you see in the latest presentations (though those have the benefit of further drilling).



or search for "Volcanic Sequence and Alteration at the Parys Mountain Volcanic-Hosted Massive Sulfide Deposit"

[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