Anglesey Mining Share Discussion Threads

[lookingforhelp] 29/12/2023 21:27

Slide deck shows c.1.2km.

[benjamin15] 29/12/2023 19:56

Good luck, I'm out as soon as I get my money back (hopefully I will), this been going on for years....

[kooba] 29/12/2023 19:00

Did he say how long the structure extended previously , I thought he said over a Km.Bonanza !!

[calmtrader] 29/12/2023 15:12

"NCZ up to 100 metres thick"!!

[kooba] 29/12/2023 12:52

The point of acknowledging the current copper price is back levels higher than the start of the year ..it feeds through to trailing average...with a highly attractive rate of return before before other positive variables are factored in..NPV3% jumps to $289m, 39% IRR• Current 3-yr trail av. ($3.69/lb Cu, $1.33/Ib Zn)• Potential for significant upside• Recovery uplift for NCZ (80% in PEA to 93%)• Increased mining rate for NCZ• Multiple exploration targets

[calmtrader] 29/12/2023 09:49

The NCZ should transform the NPV numbers massively to the upside..and just not reflected in the SP

[kenwrong] 29/12/2023 08:38

This is looking good for the New year. Just on Twitter, an interview with Jo Battershill on Jan 2nd and a preview published here

[kooba] 28/12/2023 19:26

It's a marathon not a sprint ! Much prefer a slow steady recovery with the stock going into informed long term hands than any speculative spike. Though if the NCZ comes up trumps the extrapolation into the economic viability models combined with the improved recovery rates and likely earlier scale copper recoveries as well as precious metal credits means it becomes even more of a no brainer . At that point the market should wake up ...or a mid to large player will make an offer that can't be refused.Most fresh discoveries can take a decade to get to production if they get approval .Parys could be up and running within 18 months of a funded feasibility study..there are no known obstacles.

[calmtrader] 28/12/2023 18:59

Well I didn't get my blue finish..maybe tomorrow

[benjamin15] 28/12/2023 09:33

Buy above offer 👍

[calmtrader] 28/12/2023 07:56

Let's have a blue day today

[lookingforhelp] 27/12/2023 11:18

Lots of money is required to build any mine......I always find it amazing that some people on these forums who claim to be invested in junior miners rage when companies raise more money to advance a project then come back for more once they've spent the last lot.There are clearly some clowns out there like Trader and Spacedust who really shouldn't be putting their pension/disability cheques into junior resource companies.

[kennyp52] 27/12/2023 09:43

How much capital is required to build a mine ?? Is this another pump for a placing to keep the lights on ?

[calmtrader] 27/12/2023 07:25

Re NCZ"We believe there is potential for the Northern Copper Zone to be accessed significantly quicker than envisaged in the PEA, which would bring meaningful levels of copper into the revenue stream much earlier than currently modelled."

[mininglamp] 27/12/2023 06:14

I really think Anglesey will be a winner for investors in 2024, sentiment towards the company has never been higher since the analyst visit, 6p/7p a share for Parys Mountain alone right now they suggest.

News on multiple fronts expected also.

[kooba] 26/12/2023 23:18

The current price of copper and forecasts have a material impact on the economics in the PFS appear and the attractiveness of external funding options...so I guess worth monitoring to a certain extent ! It also likely would have a bearing on sentiment to any mid tier miners trying to secure near term deliverable production assets like Parys.

[noccer] 26/12/2023 22:32

Copper price going up now is only relevant to AYM if it is the thin end of the wedge of a global supply shortage extending 3 to 5 years, maybe longer (which it could be). NCZ is only being drilled now, and if/when they mine white rock/engine zone it is mainly zinc/lead, NCZ and other zones are planned for later on.

Security of supply is maybe an issue, home grown resources being desirable, but if the government are happy to allow the Chinese owned British Steel to shut down the only blast furnace left in the UK - then that is just so much hot air. I don't think the UK has refining capability for lead/zinc/copper ores either, and so the ore will have to go abroad to be refined. Useless to claim security of supply for ore if you have to send it abroad to turn it into metals.

I still have great hopes for something here, history says a great deal of copper ore was left at Parys, and the drilling supports this. The early miners followed veins that were sometimes only 1/2 an inch across and would then suddenly become 20 to 30 feet across, sometimes far larger. If they hit a fault, then they couldn't follow it any more. You can bet there are still some really chunky bits of ore down there.

[kooba] 26/12/2023 14:39

Copper not too shabby either now up on the yearCopper FuturesCOMEX: HGW003.94 USD +0.17 (4.55%)year to date

[calmtrader] 26/12/2023 14:25

Iron Ore surges passed $140

[bodgit] 23/12/2023 10:04

Thanks for that MiningLamp. To say AG was bullish would be something of an understatement. Gla

[mininglamp] 23/12/2023 09:53

New interview with Alan Green, AYM selected as a share to watch in 2024

'Parys Mountain worth 6p/7p a share alone'




AYM featured 27 minutes in.

[mwv1] 22/12/2023 16:43

ADT1 Adriatic metals - about to actually mine some ore!

[calmtrader] 22/12/2023 11:33

Apart from AYM!!! It's a Canadian company ticker CVW