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And yes rerate on the cards Ben
Yes Granesberg news soon imho
"Come on AYM get that Grangesberg deal that Joe hinted at across the line" what hint was that?? Thanks
I feel we are not a million miles away from news, the recent drop has been on very low volume and currently there is no stock on offer at the advertised price.
Come on AYM get that Grangesberg deal that Joe hinted at across the line and lets have a material re-rate of the equity.
Probably not much changed at the site since I did geophysics over it in the 1980's , apart from maybe the surface scrape for a drive into the white rock, so not much point for a visit by me. Seeing the muon downhole survey work would be very interesting, but I doubt I could find the time for a 10 hour drive and overnight stay. If anyone has not visited the area, and have time, it's certainly worth going, Anglesey has plenty to offer for a holiday, particularly when the weather is good.
On four occasions since 2012 I have instigated autumn visits to Parys Mountain. They have obviously been consented to, resourced by, and hosted by the BOD.
If there is any appetite for a 2024 repeat somebody else will have to step up. The workload in building a guest list isn't all that onerous, but there's a certain responsibility in avoiding a fiasco. For example, ten people expressing an interest and two people turning up. For example, a bunch of conspiracy theorists turning up demanding to see the alien corpses or nuclear waste hidden inside the Parys tunnels.
For clarity: if somebody else would like to get this ball rolling then be my guest, but it won't be me.
Croissant - I followed Wolf minerals for years and have started watching TUN. Has TUN mentioned the problem of clay? I believe it binded with the ore and made processing very difficult. Noise, I believe, was also a problem, but I think that was almost resolved before the money ran dry although I believe it impacted only a few properties. As for AYM, I think it will be far easier on the environmental side, as the site is more distant from property, locals have been very positive about the development and the company will be using modern mining techniques, such as dry waste disposal reducing the problems of mineralised water. Also having historic mine pits is useful as they can place any ore processing mills in them, reducing spread of noise, or milling could be done underground. Perhaps they could put up wind turbines and battery storage on the site and take environmental mining to the next step.
Check out TUN they appear to be a bit further along in this process - the EA in that case have been sloth's asleep at the wheel and they already had a previous MPF permit and EA in place. Despite the critical mineral listing the times scales for the approval of the Environment assessment will be long. If onsite processing is needed the MPF application will be longer and the major fund raising can only begin once all that's settled. Likely 2-5yrs range. Get some popcorn.
Granesberg news can’t be far away either imho
Hyper ,thanks for link can’t be far off news ,the second drill will be nearing depth now so results won’t be far away either traces above 300mtrs but main target 460mtrs looking positive as we’ve not had any news on plug and abandonment I guess
I came across this https://www.gov.wales/planning-policy-and-guidance-minerals-and-mining . The company had a Pre-Application Inquiry meeting with the Mineral Planning Authority and a number of statutory consultees back on the 5 April 2023 in Amlwch. See https://www.angleseymining.co.uk/parys-mountain-planning-application-update/
I assume there are deadlines in these procedures. I quote from above company RNS "The planning process allows for the statutory consultees to respond to the proposal with any concerns or queries regarding the project details. Subsequent to this consultation, the Company anticipates it will be required to complete an Environmental Impact Assessment" So what is the current situation on the planning process? In 6 weeks time it will be a year since the important field meeting!!
Result of 2nd test drill:
Nowt other than sheep dung down to 300m depth. Traces of bungling bubbles diatribe close to surface.
Well we can’t be far off some news imho
With a virtue 😂
I know, I know......patience. 🤐😵💫
Yeah, imminent, Yeah, that's the word. 😄😴😴😴
Wisard ,thanks for heads up on what’s happening there
Passed by the site today , the drilling rigs are still on , imminent news expected I would have thought
Big trade there popped up ….
Same trading pattern as last couple of weeks waiting more news
Granesberg and Canada news soon I think
Results on drill sample due soon
Excellent news this could be a huge long term mine in the making and not just for copper
Alan Green comment
https://x.com/Alan__Green/status/1752322708170297825?s=20
Nice! Shows you how high-grade that section is at 2.3.... nothing else close!