Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
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…..another thing you forget is you need a large body of fresh water to help cool the reactors. Using sea water is expensive and the rumour is that Llyn Alaw has been pencilled in as there is around the thousand acres of hardly populated land available.
…..and where will you get the labour from? A nuclear power station takes at least 2000 highly paid bods on site to construct a nuclear power station. AYM will not be able to compete.
Forget this one!
Decommissioning of a nuclear power station takes around 50 years….Dounreay in Scotland for example. So Wylfa site will not be available for any type of build until close to the end of the century.
Besides the Wylfa site is not big enough to accommodate a new generation of nuclear power station which will be a lot bigger than Hinckley Point C.
22-Aug-23 13:24:16 42.00 150,000 £63.00k That 42.00p is now 3p; his holding worth £4.5k.
RCGH: £58,500 AYM: £80,000 AMGO: £3200 ENET: ? Total Loss £141,700 + ENET losses.
Before this, Huzarski claimed to have made £130k out of AYM, writing "I am playing with your tears." He's King Midas with a curse. He's King Midas in reverse.
Share H on this occasion I think you might be wrong. Several miles distance between Wylfa and Parys. New power station to be on site of old. Planning permission held for mine when active power station there.
But in unlikley event there is a compulsory purchase I think liklihood it be for peanuts long long gone. So could see purchase well in excess present market value.
Sharebuzzaski is the biggest deramper on lse, it also goes by sharebel
Not near parys mountain it’s right on coast on original site so stop your deramping nonsense that you always post on here , this mining project will go ahead imho
The site is at Wylfa Head, the site of the old Wylfa Power Station. It's about 5 miles NW of Parys Mountain, so copper will be hugely important for construction
https://www.bbc.co.uk/news/articles/clkk7ewenyro
There’s already a decommissioned nuclear power station at Wylfa , on the coast , away from Parys mountain . The new one will be built on the same site .
Well, for a start, a quick check on Google maps shows its more than 5 miles away, Closer to 6.5
Perhaps you're just talking carp?
Where does it say that ?can you provide evidence please
A belief based on . . . .?
I believe that part of Parys mountain will be compulsory purchased for peanuts and allocated for the new power station. So no mining will be allowed within 5 miles radius. Looks like the end is nigh.
New power station to be built on Anglesey announced this morning according to bbc news , going to need a lot of iron ore /copper to build the infrastructure imho
Very positive , thanks for posting the link
'Borrowed' from UFO site, long winded but a good perspective for LTH's ....
https://youtu.be/uT1zt4PrlI4?si=M9OGlVICDUiFew7y
Thanks for posting that,
All I heard from that interview was the words “A clear Path”
I think that’s exactly what we as investors have been waiting to hear.
Another day of buys all be it relatively small
Lots of buys again today all albeit small amounts seems to be daily these buys atm
Thanks T Trooper,much appreciated. I'm in a few other juniors on AIM and it's an identical story everywhere.
Given the commodity Bull cycle just starting and the need to secure domestic critical metal supplies, projects like AYM are coming more into focus so I'll be building a position here, speak more soon!
An excellent first interview with the CEO. He's bought a veteran Rio Tinto geologist to Parys Mountain this week - should be interesting to hear what they have to say after.
https://youtu.be/ubaaUaZ3vL0
I also apologise to all that alot of my posts is centred around my own position. And although perhaps unsurprisingly I care about myself and my own success over others I promise im not an ego maniac.
I have always leaned towards posting my own rationale and decision making processes as an amateur investor for all to see (even as far back as 2009) when I started on the LSE message boards.
I believe it hold benefit for other amateur investors particularly when the technical stuff goes over alot of peoples heads.
I would hazard a guess that low trading volumes and relatively low shares in circulation in general, can make this one a difficult one to be able to buy at times.
When I first started building a position here in 2021 I had to split my buys as I could not buy in any large quantity.
Again it bode well if any buying pressure is sustained this can move very fast.
It was actually this that caught my attention in 2021 and how AYM came on my radar to begin with.
I saw it had spiked rapidly from just above 2p all the way up to above 8p very fast. It caught my eye at 6p. Did some research and was converted to AYM :). Initial purchase at around 5.4p or so with mind to buying as many shares I could down to 4p.
I wrongly believed this being somewhat of a no brainer anything sub 5p was a bargain and that it would bounce off the low 4's and settle in a trading range of 5.5-6.5p.
Had the world and indeed markets been in a different place in 2022 could this of potentially happened or not is on my mind sometimes.
That being said my average is now 3.8p with a substantial number of shares in the millions.
Being completely honest what got me hooked beyond what i believe is the fundamentals and potential of a huge success story here was the fact that AYM has been at 90p in its history.
This led me to consider what occurred to get it to 90p and could a theoretical situation of both a producing grangesberg and Anglesey get us there again and beyond.
The answer is theoretically yes.
I believe once this is further along the line the share price will pop off big time.
I always recommend to all grab your holding while you can in relation to were you wish to sell in the future. For me 5p or 1p is irrelevant.
However derisking at 10-15p in the future is on the cards I will let my main holding run. Win or Lose :)
Does everyone else struggle to buy when they want to or is it just MM's being nervous? Seen it on a few other AIM stocks in rhe last few days
I tried to buy here a couple of times today but kept getting NT on HL. I was brought up in Amlwch and so
I know Parys and it's history well but don't any AYM yet. I do have an original Parys Mountain Druid penny though, check them on Ebay
It looks to be waking up with Metal prices in general