Anglesey Mining Share Discussion Threads

[silverspoon2009] 14/4/2025 06:18:50

Finally it looks like they are going to focus on Parys Mountain and divest their other interests, way past time.

In the current environment there are many non dilutive ways to finance PM, inc Gov grants etc, one also wonders if they have applied for EU Strategic Project Status which if attained would be a huge share price driver.

I wonder how much they can sell their 49% stake in Grängesberg for, a decent number will go a long way as this is a relatively low burn outfit. Maybe it will exceed expectations, surely a range of £2m to £5m has to be a target.

I have a feeling news on Grangesberg may come sooner than many expect.

[buttyboy] 13/4/2025 22:57:50

Brilliant interview MiningLamp; BUT, no mention of financing plans?? Expected time of revenue, assuming all goes well with the feasibility studies by RheEnergise, is 2-3 years at a minimum, SO, what happens in the interim? How do they survive? I'm all ears!!

[mininglamp] 13/4/2025 18:53:17

Here is the 17 minute interview with Rob Marsden conducted yesterday.



Confirms, as I expected, they are looking to monetise Grangesberg and the Labrador stakes to concentrate of Parys Mountain.

[mininglamp] 13/4/2025 18:40:02

New comment from Alan Green concerning AYM on Stockbox tonight, says he interviewed the CEO yesterday and described it as 'interesting'

The comment starts at 29 minutes.

[buttyboy] 11/4/2025 07:37:07

ToxicBob; whether you consider them helpful or not is now an irrelevance; they have been off the scene for some 12+ months and ever since the share price has come nowhere near when they were directly involved. You cannot keep blaming the "old guard" !

[toxicbob] 11/4/2025 06:52:06

You think Kearney and Varma were helpful ?

[bodgit] 10/4/2025 17:52:12

Thanks for that link Kenwrong, appreciated. Having watched it, the feeling I get is that Parys Mountain actually mining copper etc. is still some years away even if all goes well with the pumped storage scheme. Gla.

[trader465] 10/4/2025 13:31:48

“Rob Marsden CEO talks”

He’s not qualified to much else other than talk, talking won’t pay the bills, and the more talking these men do the lower the share price will go

[kenwrong] 10/4/2025 12:46:43

Rob Marsden CEO talks about the new Re Energise project and how it will pay to develop Paris Mountain. Here's hoping !!

[buttyboy] 10/4/2025 07:27:28

So please explain to me ToxicBob, how exactly did Jo get “legged over” by, as you put it, the “paddies and Indians”??

[toxicbob] 09/4/2025 23:04:35

He did a lot of the legwork for the EIS and permitting...before getting legged over by the paddies and the indians.

[trader465] 08/4/2025 10:48:48

The PFS was supposed to have been done when Jo Batteredhead was here a few years ago

[trader465] 08/4/2025 10:47:53

What are they going to do for salaries, bonuses and expenses now that the bank is again empty?

[trader465] 08/4/2025 10:46:53

They haven’t released any good news

[spacedust] 08/4/2025 09:31:10

No piece of good news can spike the share price here it seems

[toxicbob] 07/4/2025 15:06:11

I actually think the issue here currently is that the CEO and Chairman have more interest in Grangesberg than Parys Mountain...which given the ownership issues and low probability of development is a real pity.

[buttyboy] 07/4/2025 08:40:21

Sorry for my radio silence; just back from a "hike" to the summit of Kilimanjaro, where incidentally the 100' thick ice sheet on the summit plateau has more chance of melting in the next 12 months than something favourable to AYM investors happening.

Looking at some of these posts from the past few days, there is still complaint from the lack of PR but even the best PR outfit can't put positive spin on no news. Do a deal on Grangesberg some say; I'm sure they are trying to do so but what is it worth to AYM? Probably enough cash to pay owed fees. The RheEnergy deal does have some upside but I really can't see it working concurrent with the envisaged mine plan. Furthermore, if RheEnergy spend the amount required to dewater the shaft then any deal outlined by the current MOU is going to shift and it wont be in AYM's favour.

Has management had any concerted effort to diminish the Juno debt? This is currently approx 90% of the market cap of AYM. Get a reasonable deal on this debt and all of a sudden AYM will look more favourable. Forget about the ex-Chair owning some 20% of the company; that is an irrelevance; this is 20% of the stock which isn't going anywhere so treat it like a solid institutional holding. And please, stop complaining about the so-called "old guard" as this excuse is wearing a bit thin right now.

Put simply, there is no coherent management structure at AYM. I know, there is no cash left in the kitty, but when there was cash then the management structure could and should have been aligned to advance the company. Any deal done now is going to represent shrapnel but I suppose, as kenny, mentions, "something is better than nothing".

[determined] 06/4/2025 23:44:22

The trouble is that Anglesea are a company in a decades long slumber, and investors are looking for instant gratification these days, and are not content to wait around years for something to possibly happen.

Just look back at the last year's news releases and tell me how many were achievements that gained investors money?

[kennyp52] 06/4/2025 19:22:50

Something is better than nothing as they say !

[mininglamp] 06/4/2025 17:01:09

The deal is a great one for Anglesey, if the company was better at PR I am sure the market would have rewarded the share price accordingly. It is a great shame this outfit are so poor to promote their wares especially in a booming commodity price environment.

I still believe there is more going on behind the scenes than there has ever been historically, think non dilutive financing from grants similar to what Cornish Metals have secured (£80m)

I also wonder whether they will dispose of their stake in Grangesberg or if not maybe secure a material partner who can move the project forward, with all the fuss about tariffs and securing supply lines the EU must be looking at local supply lines which must assist Anglesey in general.

This stock has always moved disproportionally on modest volume so with a fair wind it could happen again, maybe sooner than later.

[calmtrader] 06/4/2025 14:22:37

The more I look into this the more excited I'm getting..this is a fantastic deal for AYM

[kooba] 05/4/2025 12:47:48

Yesterday one of the higher volume days this year and an uptick in a very poor market. Interesting....maybe.

[kooba] 30/3/2025 09:55:38

hTTps://www.geplus.co.uk/news/innovative-pumped-hydro-technology-to-be-trialled-at-anglesey-mine-project-07-03-2025/

[kooba] 30/3/2025 09:52:11

I think there will be a presentation on the energy storage plan soon and how that could kick start and speed up mine development.I think they will not need to impede the shaft at all but it is essential for access to set up the reservoir and installing pumping kit that is required...in current money the shaft would cost $40m plus to excavate so it is a low cost way of RheEnergise to establish a working facility.Dewatering the shaft to facilitate the energy storage would be a huge saving on excavation of a new shaft . It would also present a significant saving in money and time on mine development as it could be being pumped at no cost to Anglesey as the mining permissions and funding are being sorted...both those factors would be more attractive with this being done ..with the eco project adding to the green credentials of developing the site. Hoping for some dynamism and serious funding being put in place...here's hoping.