Anglesey Mining Share Discussion Threads

[kooba] 25/2/2025 15:59:54

How many bought at .6p i wonder as an example...likely none.

[kooba] 25/2/2025 15:58:49

Some might just invest for the promise of a far better long term outcome of course and not just punt for fractions of pennies.Those trying to trade in micro caps with wide % spreads are not on a good wicket. Not sure everyone looks at things the same way !

[buttyboy] 25/2/2025 15:18:34

The problem there, MiningLamp, is knowing when to call the 'lows' and the 'highs'. Someone who bought AYM at 0.6p and are satisfied with a 30% profit will sell at approx 0.8p but if the greed factor kicks in then they might wait another day or so on the possibility of it going higher but the price drops and they go into a tantrum. Likewise with missing the lows. If your a retail investor, which the vast majority of the liquidity here is, then set your own parameters and don't budge from them.

[mininglamp] 25/2/2025 14:36:20

I am not surprised to see this bounce having been in the doldrums for so long, low volumes and liquidity that took the shares down from the 3p region several years ago could quickly take the price back up.

As Silverspoon points out the vast majority of shareholders invested at far higher levels, their choice will be to average down or hold, there should be very little selling on the way back up therefore.

You only profit on AIM, stating the obvious, by buying the low and selling the highs, AYM is clearly sitting around the lows !

[silverspoon2009] 25/2/2025 11:54:31

It does look like someone is bidding for stock, online buy limits are tiny which is unusual for AYM over recent months.

Maybe, finally, they are about to deliver something meaningful for their shareholders, long term holders have paid 2p/3p/4p+.

Why should Parys Mountain not attract a major or mid cap to progress the project, any deal would send the share price into orbit.

[kennyp52] 25/2/2025 10:57:43

Broken record might be more appropriate ! Next placing coming soon ? If they can get it away with some more mugs ? All imho

[broken_arrow1] 25/2/2025 09:55:56

Very little stock on offer here, a run back into to 1.4p/1.5p region looks on from a technical perspective.

[pigeons] 24/2/2025 12:20:06

Good morning all. Hope all has a good weekend.

I think when this goes, nobody will have much of a chance to get in. as the price
is tight now. and there's very little on offer. at low levels.

[kooba] 24/2/2025 10:33:03

So you don't like Trump and Musk..Early days in terms of their disruptive approach but Trump's gaming strategies to get what he wants are clear to see...as they were last time. He talks a lot and often others back down..it's what he relies on.But he's the democratically elected leader of the biggest economic power in the world so i listen.

[buttyboy] 24/2/2025 10:26:50

I don’t think the shenanigans with Mr Trump are merely ‘game playing’; I believe he is going down a very dangerous road, and his alliance with Elon Musk (I give it 3 months!) further amplifies my thoughts. I totally agree that the U.K. and Europe should advance their “critical minerals” strategy but I wouldn’t agree it is to pursue this so called “Green energy initiative”.

[kooba] 24/2/2025 09:33:24

I think the security of supply in metals essential to the transition to net zero is the key point on the green front not the new energy storage idea...which offers additional credentials though in terms of state funding. Securing one source of copper , an essential metal in just about any renewable application whilst potentially providing much needed jobs in an economically struggling area of the country should be enough to get funding to at least complete a full Feasibility study and then get it funded..all evidence suggests that it is a highly valuable asset that can in a short timeframe be in production.The shenanigans with Mr Trump are mostly game playing but demonstrate the security of supply around critical metals is likely to be a more pressing than ever.

[buttyboy] 24/2/2025 09:10:20

MiningLamp, I wouldn't be pushing the 'green energy' bit too much at the moment. The concept is there but given the current global uncertainty the time frame isn't going to fit with reality. We have a clown who is running the US who seems hell bent on fracturing NATO and aligning with Russia so I think the focus of the UK and Europe at this point in time is elsewhere.

I agree 100% though that the immediate focus for AYM/Parys Mt should be non-dilutive financing and if they can secure a grant, either from the Welsh Govt or direct from Westminster, as with Cornish Metals, then that, in my opinion, is the way forward. But, always have a Plan B !

[mininglamp] 24/2/2025 08:47:55

With the rush for green energy (especially in the UK and EU) there appears to be many new routes of non dilutive funding available to advance projects, my bet is AYM is trying to secure a grant or Gov loan to advance Parys Mountain.

Any positive news here will re-rate the company dramatically.

[broken_arrow1] 24/2/2025 08:29:14

Online buy limits down to a trickle currently, IG are asking a premium for just £3k's worth.

[one2go] 24/2/2025 08:02:03

This could easily add 50% on small volume it is so illiquid, the time to buy these minnows is when no-one is looking.

Over the last month buyers have been active, albeit in a small way but if the herd arrives !!

[mininglamp] 21/2/2025 08:11:51

I do not normally comment on online limits and the like but given AYM is very thinly traded it is notable that recently it has been very hard to buy in size on the market, having checked with IG they are asking a premium for a modest £4k of shares currently.

The share price around this time last year was circa 2.5p.

[j5thumbs] 20/2/2025 18:41:57

Kooba, yes - that’s the one. It’s only small scale, but if it can be proved to work, …

I did visit a redundant quarry in Wales 30 years ago where they pumped water up to the top of the quarry during the night at 3p per kWh, and sold it back in the daytime at 9p, so the idea isn’t new. There have also been similar studies using concrete blocks.

Haven’t seen any large scale projects though in all the intervening years. I wonder why?

[trader465] 20/2/2025 13:51:39

When corporations use the phrase “We believe” in regulatory news service (RNS) announcements, they are engaging in a well-known tactic to make bullish statements while minimizing legal liability. Here’s how it works:

1. Creates Optimism Without Commitment

By saying “We believe our product will revolutionize the industry” instead of “Our product will revolutionize the industry,” the company injects enthusiasm while avoiding a concrete claim that could be challenged later.

2. Shields Against Legal Consequences

Under financial regulations, companies can be held accountable for misleading statements. However, belief-based language is classified as opinion rather than fact. If the claim turns out to be false, they can argue:

“It was a genuine belief at the time, not a factual guarantee.”

This makes it difficult for regulators or investors to accuse them of outright fraud.

3. Encourages Retail Investor Hype

Retail investors often mistake “We believe” statements for inside knowledge or strong conviction from management. This leads to increased speculation, stock price jumps, and easier fundraising—allowing executives to cash in on stock options.

4. Buys Time and Keeps the Paychecks Flowing

Many small-cap companies, especially those in biotech, mining, and tech, survive on hype rather than actual revenue. By continuously issuing “We believe” updates about future breakthroughs or deals, they:
• Keep investors engaged.
• Justify raising more capital.
• Continue drawing salaries without delivering real results.

5. Protects Against Future Failure

If a project fails or a deal falls through, they can say:

“At the time, we believed this was the best course of action based on available information.”

This provides an easy escape route from accountability.

[trader465] 20/2/2025 13:50:12

“We believe”

No need to read further than those words 🤷‍a94;️

[kooba] 20/2/2025 11:02:46

Yes indeed but that was for an end of mine life project with similar storage benefit whilst this proposal is to run in a mine in production it seems which will enhance energy costs and green credentials it seems.

[wassapper] 20/2/2025 09:58:59

Similar ideas were floated by Jo for the Swedish iron ore project. He covered it at a Proactive presentation a couple of years ago.

[bodgit] 20/2/2025 09:43:04

Thanks for that kooba. It demonstrates to me that AYM are thinking outside the box. Good. I hope we can soon read good news about the actual mine development or monetising Grangesberg. Gla.

[kooba] 20/2/2025 05:34:33

https://www.gov.uk/government/news/energy-storage-backed-with-over-32-million-government-funding RheEnergise Ltd will receive £8.24 million to build a demonstrator near Plymouth of their 'High-Density Hydro®' pumped energy storage system. The system uses an environmentally safe mineral-rich fluid more than two and half times denser than water, to create electricity from gentle slopes, without requiring steep dam walls or high mountains like traditional hydropower. The project will use surplus electricity to pump the fluid uphill, then later when electricity is needed by the grid, the fluid will be released back down the hill through turbines to generate electricity."I would imagine a labour government committed to renewables with little in the way of viable storage solutions will continue to fund viable answers.After all..."The Parys Mountain site presents a unique opportunity to demonstrate the versatility and scalability of RheEnergise's HD Hydro technology, added Stephen Crosher, Chief Executive of RheEnergise."We believe that this project will serve as a model for future deployments of energy storage solutions at mine sites around the world" Mr Crosher said."