Anglesey Mining Share Discussion Threads

[toxicbob] 30/3/2025 05:28:46

Hmm...fair point and I get that. I'm happy to ignore all the historical baggage though...CEO got good credentials and possibly having to deal with loose ends from the irish/indian mafia that used to run it. Assets with decent resouce and half a chance of getting permits are the way to play this cycle.

[mininglamp] 27/3/2025 07:59:19

I suspect Energold (the major shareholder) expect to sell their stake via some form of corporate action, this outfit must look attractive to a number of industry players now the copper price is attacking all time highs.

It is frustrating to wait and wait, however, it is not beyond the realms of possibility that a takeover RNS from Anglesey could come at the least expected time.

I have noticed on X and other social media outlets that new 'names' have been buying the shares, I expect this to continue due to the wholly undervalued situation here.

The other aspect, goodness me it has been a long wait, sector recovery, the sector has been in a bear market for 4 years, there are green shoots of recovery being seen.

The time to buy these minnows is when no-one else is and await sentiment change, that is not far off IMO.

[wassapper] 20/3/2025 18:31:12

Agreed Pigeons. There's a LOT of potential and there's lots of shareholdings etc. Why not give this a last blast (they are generally quite old)? Unless of course they are doing the things we would want to do in the background. Let's hope.

[pigeons] 20/3/2025 18:28:22

Evening. what does puzzles me a little bit is some of the large players in this company. Surely they have. the resources to now see them. and their investments. come to fruition in a big way. Just a little bit puzzled why it's not happening yet.

[kooba] 20/3/2025 09:52:45

Let me explain...:)

[buttyboy] 20/3/2025 09:03:17

Let me explain why the likes of Cornish Metals can attract the level of investment they have; Cornish Metals has a well organised and bonded team with significant work being done on the ground with lots of news flow. AYM unfortunately does not have that. AYM has a very technically competent person at the helm but with very little, if any, corporate knowledge, especially more so with micro-caps. Normally this would not be an issue if you are surrounded by people who do have that expertise; its called TEAMWORK. And this, MiningLamp, is why AYM cannot currently get traction in this regard.

[trader465] 20/3/2025 08:27:39

Why would they want to secure financing? That means they’d have to work for their money, far better to string investors along and get paid for sitting at home. When you have the keys to the bucket shop there’s no need to work.

[mininglamp] 20/3/2025 08:13:09

Yes the copper price hit a all time high overnight, that makes the economics for Parys Mountain very sound indeed.

It can only be a matter of time before some material news is released here, my guess is they are working on corporate events concerning Grangesberg and Parys.

If Cornish Metals can secure a £80m Gov investment why not AYM?

[buttyboy] 18/3/2025 16:32:24

Cu at an all time high; 2nd hand Tesla cars on a downward spiral. I can pick up a Tesla today; I won’t get my copper out of Parys Mt for quite some time !!

[mininglamp] 18/3/2025 15:24:06

Copper price now $10,000 tonne, new high, the naysayers will suggest it is irrelevant to AYM but it is not, this makes project economics even more attractive, it will also assist in JV and funding options.

My bet is AYM management are seeking grants/JV/a strategic investor or a combination of all three.

IF an appropriate RNS comes then the current share price will be history.

Time will tell.

[trader465] 18/3/2025 01:37:07

“looks to be well advanced”

They were allegedly in advanced stages of environmental permitting about 4 years and half a billion shares ago.

Back then the board was also excited to announce the PFS which I think they must have forgotten now?

There must only be a few coppers left in the bank by now, expect anther discounted placing in the next few weeks.

[kooba] 17/3/2025 13:25:35

I do not have a sizeable position relative...it is modest . But i have been here for a while and have done my homework into what is a complicated backdrop that continues to have implications on the company presently. So very relevant...also the complete lack of progress for a decade also has been harmful to the efforts to move it forward by the more recent management ...the company has a reputation which many still bang on about of decades of inactivity that can not be blamed on people who were not running the company at the time.There is a reason Kearney was voted off because under him the company had floundered for decades. The fact he bought a 20% interest 18 months ago after getting canned is not a coincidence ..what his intensions are and whether he supports the new management i do not know.

[kooba] 17/3/2025 13:17:52

So you only use landlines that must be tricky.As to moaning and whinging ..i leave that to you. I merely commented that"As to the share register and the capital structure if anyone does not see an issue with the largest holder being the ex chair that was voted off the board and there being legacy issues around debt they clearly are not on top of it. There are a number of such legacy issues that go back to the old guard that need resolving including Grangesberg which again if one pays attention has been tidied over the past few years. It was a mess."This was my opinion on the situation ..knowing the background..i said there were issues..i was not moaning at the situation that i was well aware about...the 20% change of ownership end 2023 was a factor as Kearney did not have a holding at all before that ...so stating he owned it since the company was founded is clearly wrong.Keep phoning the non existent visitor centre that is funded by fresh air ..or try the ceo ..number provided it might save your obvious frustration.Love the delisting drop this morning ..trying hard.

[buttyboy] 17/3/2025 13:00:33

kooba; I am fully aware of the debt and who owns the debt. Debt is debt irrespective of the mechanics behind it, so it is pointless crying in your soup about historical events. You would have known about, or should have known about, the debt when you became a shareholder and given your detailed knowledge of the mechanics associated with this you have obviously undertaken more research than the 'average Joe' indicating perhaps you have a quite sizeable position. I also see on the website, which incidentally shows the aforementioned contact number which I telephoned earlier this morning, that Energold holds approx 23% and I believe this is the ex-Chair; this fact again would have been known to you when you decided to become a shareholder so once again it is pointless whinging (reference your post/s from last week) about this detail/the "old guard" as you refer to them.

For the avoidance of doubt I wish to see AYM succeed, specifically Parys Mt, but what gets my boil is the constant whinging about historical management etc. MOVE ON.

I have tried the tel number on the website again since this morning and the same message is there. Anyone wishing to do their own research might wish to call the company landline rather than an individual's cell phone. A shareholder or prospective shareholder might interpret the lack of a person on site/in the office as negative and the person answering a cell phone might well be hoi polloing around Monaco !

[kooba] 17/3/2025 12:07:35

Also unclear what number you have called..but you merely have to look at the bottom of company rns' to contact the principalsAnglesey Mining plcRob Marsden, Chief Executive Officer – Tel: [phone]Andrew King, Chairman – Tel: [phone] Not difficult.

[kooba] 17/3/2025 12:05:22

You really need to do some research but...The debt is held by Juno an offshore entity where the previous CFO Danesh Varma who stepped down from the board in Nov 2023 and died shortly afterward had a family interest...i believe his son is now a director of Juno. The debt was taken on about a decade ago when the iron ore production ceased in Labrador i seem to remember...the debt is still held by Juno.Juno also held a large equity interest ..that holding changed hands far more recently December 2023 when the Juno interest in 20% of the equity passed to a company owned by the previous chairman John Kearney ..he is reported to be not a well man.He was voted off the board in Oct 2023.So how we end up where we are if much more recent events than you make out... a small bit of research would have told you what you posted is indeed false information.

[kennyp52] 17/3/2025 09:19:47

Word on the street eh ?

[goldenshread] 17/3/2025 08:17:23

Have been acquiring here, word on the street is that developments are inbound.

Note the consistent buying over the last 3/4 weeks.

[mininglamp] 16/3/2025 18:54:20

kooba

Your contact with the company and comments on this BB are most appreciated.

Across social media I see more and more commentaries that the junior exploration space is poised to outperform from the woeful low base it sits at having been in a bear market for 4+ years.

Anglesey is a stock that is very much under radar plus having a very small free float, it would only take one piece of positive news to deliver a significant revaluation.

I have no idea what you discussed with the company however it is essential (and this is being accepted by a number of other juniors) that the hideous dilutive placing events have to end, all they do is destroy value and deliver nothing meaningful in the way of cash.

I have a feeling (and truly hope) that management are seriously looking at other finance options, they have stated this via RNS in a roundabout way also. Only time will tell.

A number of other sector companies have attracted serious investors who have put in cash on very good terms, often non dilutive, I also believe the major shareholders here will not allow more dilution.

In all I am broadly positive AYM especially with copper surging in price, this makes Parys Mountain economics far better than ever before.

A very good time to buy in or add AYM IMO.

[buttyboy] 11/3/2025 17:46:12

This doesn’t happen often but right now I’m lost for words! If you have no desire to amplify what was said in an obvious pertinent telephone call with someone “in the know” then why dangle a carrot in front of us and keep us in suspense?!

If the ex-Chair being the largest shareholder is such a bother to you then either offer to buy him out or make him happy and content in some other way; for example, with progress. The approx 20% holding here is akin to institutional stock and it probably ain’t going nowhere; use it like your cornerstone investor. The debt has been there for what seems an eternity; either negotiate renewed terms or get on with it some other way. I wouldn’t say the shareholders are not on top of this issue; it is for the Board to address; these factors are not new and this is why you need a competent BoD to address this. You have debt to the tune of £3.5m and a market cap of some £4.4m; enough said.

[kooba] 11/3/2025 17:11:40

Nothing inside was discussed , having been FCA and sec registered I am well aware of the rules. If I wish to share more details of a private conversation it is up to me but I don't think it's good form and certainly the way some act I have no interest in helping them whatsoever. I will continue to suggest that folks do their own homework and ask questions directly to the company if they have any coherent ones.As to the share register and the capital structure if anyone does not see an issue with the largest holder being the ex chair that was voted off the board and there being legacy issues around debt they clearly are not on top of it. There are a number of such legacy issues that go back to the old guard that need resolving including Grangesberg which again if one pays attention has been tidied over the past few years. It was a mess.

[j5thumbs] 11/3/2025 16:46:09

Kooba, can you not see you may be treading a very thin line referring to ‘private conversations’ which cannot be divulged to other shareholders. I’m sure you mean well, but maybe a bit of transparency at this point might help avoid any misunderstanding.