Anglesey Mining Share Discussion Threads

[calmtrader] 20/12/2023 16:41

For a buyer yes and reduction I believe 1%. I.e 20% to 19%

[j5thumbs] 20/12/2023 16:32

What is the trigger? 3% ?

[calmtrader] 20/12/2023 15:18

Surely We must be due holding RNS's reducing & increasing holdings

[spacedust] 20/12/2023 11:20

Without the share price impacting but had someone sold in 50k blocks share price would've tanked badly.

[noccer] 20/12/2023 11:09

Could be someone is pecking away at this, a million a day.

[spacedust] 20/12/2023 10:54

1m plus buys v 100k sells and it's flat

[spacedust] 20/12/2023 09:56

Must finish 1.8p or above this week or goodbye

[pigeons] 20/12/2023 09:49

ITS CHRISTMAS TIME, wait to see later after the office party.

[benjamin15] 20/12/2023 08:37

Bit quiet in here today...

[trader465] 20/12/2023 04:30

wisteria - I don’t have a problem, and how do you know what I hold?

[spacedust] 19/12/2023 18:18

Going down on buys what a awoke

And rns out

[wisteria2] 19/12/2023 14:29

trader, what's your problem? you don't hold any shares!!

[trader465] 19/12/2023 13:59

The last assays didn’t take weeks, they took months. Every month delay costs shareholders £100,000

[wassapper] 19/12/2023 13:44

No it does not say that "news expected in Jan if you mean assays. It says Q1. These things generally take weeks these days.

[trader465] 19/12/2023 13:21

£1m in cash doesn’t mean they can spend £1m. After current liabilities they had £700k to spend. Salaries, perks, drilling and assay costs will soon eat that away

[mininglamp] 19/12/2023 13:17

Very positive cash position as of end September of nearly £1m - interesting comments concerning Grangesberg, drilling activity at PM and news expected in January.

Possible corporate action ahead, looks good.

[trader465] 19/12/2023 13:14

Lol if they sourced non dilutive financing then shareholders wouldn’t have to endure the value disttructive dilution to fund the salaries and perks.

How much is Don the con getting paid? Why do they need a full-time site manager? What are his day to day hours and duties?

[calmtrader] 19/12/2023 13:01

Yep that's ridiculous you would have thought the company value enchanting drilling would be free!!!

[trader465] 19/12/2023 12:54

The loss for the six months to 30 September 2023 was £604,787

Net current assets as at 30 September 2023 were £711,635

Cash burn is around £100k per month, they’ll run out of money ‘again’ by the end of March 24 or perhaps before.

[wassapper] 19/12/2023 12:22

RNS out . Half year report. Still looking for a CEO :-(

[benjamin15] 19/12/2023 11:38

I'm hoping it's a re-rate myself, This is well undervalued considering it's assets. I'm also hoping we are all rewarded for our patience with AYM.

But on the other hand like spacedust said it does happen,

[ged5] 19/12/2023 11:37

Coming off close to all time lows it was good to see the recent rise. I noticed RSI of 54 being quoted earlier on the thread which was true for 3 year or more time frames. For the 1 and 2 year charts RSI was almost 90 so hardly surprising there are some sells.

Interesting board changes recently that led to speculation of corporate activity but surely they are going to need some cash fairly soon.

[spacedust] 19/12/2023 10:56

Pyc was pumped and dumped from 1p all the way to 32p all in 4 days of trading a few yrs ago

[j5thumbs] 19/12/2023 10:47

Having said that, I’m still hanging onto my AYM shares - it is starting to get interesting.