Anglesey Mining Share Discussion Threads

[wassapper] 29/12/2020 14:23

Just the spread widening? ADVFN not good at showing that detail.

[spacedust] 29/12/2020 14:20

Gimme.....none of that matters if the mms decide to lesve the share price in the doldrums

[spacedust] 29/12/2020 14:19

Goin down on buys. Mm tricks

[gimmetheloot] 29/12/2020 12:54

This is so und4rvalued . Read the last RNS everything on track for the 2 PEA reports which are imminent. Metals at record prices and we have 2 world class iron ore deposits and a world class mine in North Wales with a mining permit. When the PEA lands with the 2021 dates then let’s see what happens. Watch what happens when the LIM PEA lands. Just sit wait and hold. Remember wealth transfers from the impatient to the patient. Quote Warren Buffett.

They will give the report out 4th of Jan 2021 imho because 2021 will be a year of significance for AYM.

[spacedust] 29/12/2020 11:30

At the moment id be happy with a 1.7% rise.....

[benjamin15] 29/12/2020 10:38

All to play for 2021, would have liked to been sitting nearer 7p at this point though

[gimmetheloot] 28/12/2020 23:26

Can you Post the link pls

[calmtrader] 28/12/2020 14:41

Labrador tipped on Robinhood!!

[calmtrader] 28/12/2020 10:16

Two knock out PEA's incoming in the two big commodity stories (Copper & Iron Ore) this is going places!!

[benjamin15] 28/12/2020 06:39

Should be a nice blue week, could it land before New Year?

[gimmetheloot] 25/12/2020 18:21

New Joint Venture with Boliden in Ireland – Exploration for Zinc Adjacent to Tara Mine
May 3rd, 2018
Click here to Download the full News Release (PDF).
Toronto, May 3, 2018 – Buchans Resources Limited (“Buchans̶1; or the “Company”;) is pleased to report that, through its wholly owned subsidiary Minco Ireland Limited (“Minco Ireland”), it has recently entered into a new joint venture agreement with Boliden Tara Mines DAC (“Boliden Tara Mines” or “the Tara Mine”), Boliden AB’s (“Boliden̶1;) operating subsidiary in Ireland, on Prospecting Licence PL 3373, which lies adjacent to Boliden’s large 100 million tonne Tara zinc-lead mine at Navan, County Meath, Ireland.

Boliden is one of the top 10 mining companies globally.

[gimmetheloot] 25/12/2020 18:18

Minco PLC (LON:MIO) is selling its 23.6 percent stake in the Pallas Green zinc project in the Republic of Ireland to its joint venture partner Xstrata (LON:XTA) for US$19.4 million in cash.

The partners have been unable to come to an agreement regarding the 2011 drilling programme and budget proposed by operator Xstrata Zinc, particularly to the allocation between infill and exploration drilling.

These discussions about the work programme eventually evolved into a proposal by Xstrata to purchase Minco's JV interest – which Minco accepted.

The conditional agreement announced today still requires Mindo shareholder approval at an EGM, to be called in due course, and regulatory consents.

Xstrata is now part of Glencore.

[gimmetheloot] 25/12/2020 18:08

Iron ore at record highs since 2011. Our share price nearly hit £1 back then. Our a Swedish/ iron ore asset is world class in a safe jurisdiction. The FD told me they can excercise 100% of it if they want to. Sorting the paperwork out at the moment post brexit ;-)0

I was invested in Minco and was handsomely rewarded when the same directors here sold their Dalridian gold NSR to Dalridian. These guys know what they are doing and they will do it again here. Once the PEA is out watch how much interest the majors will take. The directors are already connected to Boliden mining and Glencore. Boliden have a 20% stake in their Irish Tara mines project and they did a deal several years ago and sold one of their zinc lead assets to Glencore. What do you think they will do sit around or flirt AYM once the PEA is done to the highest bidder. Add to that their Iron ore assets. Can’t wait for 2021.

[gimmetheloot] 25/12/2020 18:03

Welcome Dilip

I think you will be handsomely rewarded in the coming weeks months.

Look at my posts below and you will see what the directors have done recently. Now it’s AYM’s turn :-)))

Once we have the PEA that will confirm we have a world class asset and then watch the show unfold.

[calmtrader] 25/12/2020 11:43

Plus we hold a 20% stake in the Grangesberg iron ore mine with the option to take a controlling interest ( this has very high grade ore) and we are expected to make a acquisition very soon...add all this up and you can see the market cap is seriously undervalued

[dilip40] 25/12/2020 10:51

HI ALL THANKS FOR ABOVE 4 POSTS THINKING OF TAKING A STAKE

[calmtrader] 24/12/2020 14:21

On Labrador I can see AYM stake worth £5m in a blink of an eye and could easily get to £10m very quickly!!

[deanmatlazin] 24/12/2020 13:23

Dilip - this from Scoping study 2017

Using longer term metal price projections of $1.35 per pound for zinc and $3.00
per pound for copper the NPV10 would be $43.2 million, or GBP34.6 million. At an
8% discount rate, used to reflect the relatively low risks of the project given
its advanced level of development and low political risk in the UK, the NPV8
would be enhanced to $41 million, or GBP32.8 million, for the base case metal
price scenario and to $53 million, or GBP42 million for the higher long-term
metal prices, with an IRR of 33%

Importantly, the study was based on only the 2.1 million tonnes of indicated
resources reported by Micon in 2012. Micon had also reported a further 4.1
million tonnes of inferred resources which were not incorporated into the
Scoping Study. It is expected that a high proportion of these inferred
resources will be converted to indicated resources once exploration drilling
from underground takes place. These additional resources would be processed
through the same concentrator plant and would significantly increase the
projected life of the mine, to perhaps double the mine-life to 15 or 18 years,
and enhance the NPV.

[wassapper] 24/12/2020 13:22

dilip - London. Main market listing

[dilip40] 24/12/2020 13:06

CAN ANYONE TELL ME WHAT EXCHANGE LIM IS LISTED THANKS

[dilip40] 24/12/2020 13:05

DEANMATLAZIN WHAT IS YOU REASONING BEHIND PRICE SHOULD BE 3X CURRENT.

IF THEY SHOW 10M TONNES NPV 200M(£42X5=200M) WHAT YARE NORMAL MINING ASSETS VALUED

AS A PERCENT OF THE NPV