Anglesey Mining Share Discussion Threads

[iglenn] 21/4/2021 12:53

Another day the bod can't be bothered to let us know.

[calmtrader] 21/4/2021 11:36

Yep huge volume

[pistolpete100] 21/4/2021 11:22

Another action packed day here at AYM...

[calmtrader] 21/4/2021 07:59

Iron ore smashed it out the park yesterday..come on AYM

[calmtrader] 20/4/2021 09:45

I reckon these placing brokers have discretionary clients so have free reign to do as they please IMHO

[kooba] 20/4/2021 09:29

Meanwhile enjoying the run in Rambler..as a producer swift reaction to commodity prices.Picked some more AYM up but mystified by ongoing sellers...if you picked stock up in the placing at 6p and copper now substantially higher would you be dumping ?

[calmtrader] 20/4/2021 08:48

I guess any takeover would need Juno's buy in and don't think they are looking for a quick sell but at the right price why not

[kooba] 20/4/2021 08:44

In a state of shock !!Meanwhile now going to be adding on dips as the discount to theoretical value is enormous..but afraid the company's ability to fund progression remains a great concern. Wouldn't be surprised if a mid cap wasn't running the slide rule over it ..but what price a take out !?

[calmtrader] 20/4/2021 08:27

Yep all we need is news / roadmap for Parys..offtake agreement in Labrador and news from Sweden and then imagine where we'd be!!!

[kooba] 20/4/2021 08:19

Well that makes perfect sense of the £9m market cap. There seems to be a huge trust in management delivering value discount! But history supports scepticism.Iron in for nothing...but i note LIMs share price performance similar to AYM. Despite.https://www.mining.com/iron-ore-price-extends-rally-while-the-markets-focus-shifts-to-output-reports/

[calmtrader] 20/4/2021 07:58

My calculations using current prices gives value of $1.48b Vs $1b in PEA using 3 year trailing prices Costs remain the same @ $500m

[kooba] 19/4/2021 14:03

Apologies took from ig commodities spot levels presumed were like for like ...obviously not! Must say dont follow zinc and lead to any extent ..as can be seen!As for fx had noticed..not impossible some capex plant etc is in $ but could be a negative with £ operational cost base..the rise in copper makes this a drop i the ocean though.

[trader536] 19/4/2021 13:57

Don't forget the iron ore price is almost at 10 year highs and AYM own 12% of LIM

"Prices for iron ore cargoes with a 63.5% iron content for delivery into Tianjin are rising toward an almost 10-year high of $178 touched in early March on tight near-term supply and as record steel prices encouraged investors to make tentative bets"

[kermat] 19/4/2021 13:21

kooba, fact check, sorry. Zinc is $1.29/lb currently, Lead is 0.91/lb. Also the exchange rate has deteriorated slightly which is not in our favour. Copper is clearly the big play here, $5+/lb this year is not out of the question. Would be good to see the other metals follow, but they don't look like doing so currently.

[kooba] 19/4/2021 13:04

"Each case has a detailed financial analysis utilising three-year trailing average metal prices of $US1.20 per pound for zinc, $US2.81 per pound for copper, $US0.95 per pound for lead, $US16.67 per ounce for silver and $US1,459 per ounce for gold, an exchange rate of GBP1.00=$US1.25. "So hows does it look now ?Gold $1782Silver $26Zinc $2.86Copper $4.27Lead $2.04Assuming the development cost is fixed and extraction costs pretty much the same the return on capex must be off the clock...and apparently first ore within 2 years.Not that many near term opportunities about in politically stable lands with political backing.

[pistolpete100] 19/4/2021 12:02

Agreed, however it is immensely frustrating to have radio silence for a prolonged period whilst metals continue to rise.... - given the backdrop I would think the board would have been as proactive as possible in moving things forward - and being transparent with shareholders

[calmtrader] 19/4/2021 11:07

We just need some update news and off we will go

[kooba] 19/4/2021 08:13

Well that copper in the ground is getting worth more everyday..up another 2% this morning. If one extrapolated through the models this is very big numbers...will they ever get this huge asset progressing though?

[wassapper] 16/4/2021 12:59

Richardp a paid deramper. Look at his posts. Filtered

[benjamin15] 16/4/2021 11:23

Be turning blue soon..

[richardp19] 16/4/2021 10:42

Is the pump and dump over on this

[pistolpete100] 15/4/2021 19:01

Excellent - this will align nicely with our company's well publicised plans to exploit our assets....ah, got carried away there for a bit...

[trader536] 15/4/2021 18:45

Copper price scales $9,000 after Goldman calls it the new oil

Goldman Sachs sees prices average $11,000 per tonne over the next 12 months.

[calmtrader] 15/4/2021 16:38

Understand..wait for news and be very quick of the mark!!

[kooba] 15/4/2021 16:28

Ive got funds looking for a home and I'm liking the copper move but just havent got confidence ..am in average just below 5p but against sector these just not feeling right for now. Probably will rue not taking advantage of the malaise but just no line of sight on these.