The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Big conglomerate in a joint venture a possibility that would take it to production in no time at all with funds available to build a mine imho
10 year copper mine potentially , no brainer imho
Your not far wrong there keep adding
For the record I "Cut my teeth" shortly after the 2008 financial crash and traded oilers for a decade or so, and made some good money. It was a great time to buy and sell oilers and I recall some giant fortunes made and indeed for some lost during those times for others.
I myself played it cautious however managed to pay 50% value of my first home at the age of 26 off the back of my success.
If that is considered "childs play" compared to the supercycle of copper, theoretically AYM should make us all a small fortune.
In theory of course
That being said at what point does AYM become an attractive buy for a bigger player. Not how I would like things to go, but if you think about it, if the value of copper continues to rise - a predicted supercycle coming which is meant to make the oil boom look like childsplay then the asset itself makes AYM a potential takeover target.
If aym dont make meaningful steps to production and/or the share price continues to languish does a bigger player basically swoop in and take the company and push for production instead?
We all know that it takes a long time to bring a mine into production and seemingly permitting is one of the biggest barriers. We have a class asset (with appreciating copper prices) existing permitting in place and other potential avenues with grangesberg and to a minor extent labrador.
If you think about it at the current sp there is a vulnerability. I mean even a fairly wealthy private investor could take a chunk ownership of this company £500k investment at current prices would get you 33 million shares or around 8% ownership of the company.
Something for us all to think about.
Copper up 15% so far this year. Where is ours? yes you got it, it's still in the ground.
Its like watching paint dry, twice.
Lol, I don't think George Clooney would lose any sleep over this one!! LMAO.
Yaaaoooooooaaaawn!
10 year plus mine life of iron ore , copper, gold and silver in the uk !!!
Tesla trooper, good luck my friend am adding very soon myself into my isa
Few quotes I liked in this
"Anglesey have made a prescient appointment"
"to fast track the drilling programme and bring the Parys Mountain onstream"
"bafflingly the share price remains rooted at 1.4p"
I dont believe this share will stay this low forever. And I strongly feel in my gut in a few years time I will be kicking myself for not having the funds to buy more at these levels.
My main holding has an average of 3.7p
ISA has an average of 3p
This reached 8p on little substance in the last 5 years. With something more concrete long term this should hold at a 10-12p region.
For me this is almost triple my buy in average and for new entrants now 10x a buy in entry.
Question I feel is how long the wait.
Agreed the 334,993 share buy on friday was me with part of my ISA allowance.
Unfortunately I dont have enough spare money currently to use up the other £15k.
I dont want to call it and get egg on my face but usually when a new CEO gets appointed there is usually a flurry of activity in the first 6-12 months as they usually like to hit the ground running.
I expect this (hopefully) to stabilise again in the 2-3p range in the next 3-4 months.
Happy to be wrong and more happy to be right.
Don’t be telling our resident P&D though he might buy some for a change 😂
I will be adding more into my isa
Fantastic report many thanks for posting link just shows how undervalued this share price is going forward I can see 7-10p in a few years imho
Copper article published today by a Jill Baker on Brand Communications. It features Anglesey and VVV Resources
"Despite the pace of developments, the existing infrastructure and new appointment, bafflingly the share price remains rooted at 1.4p, giving Anglesey a current market capitalisation of just £6m."
https://www.branduk.net/a-perfect-storm-and-copper-bottomed-squeeze-by-jill-baker/
Yes Jo came apparently with all the right qualifications and in some peoples eyes was going to do this, that and everything in between. Some even bought into Alien Metals because of his involvement, that seemingly came to naught and as for AYM his only achievement was further dilution and more holes. Best wishes to the new incumbent, lets all hope this is the start of something.
Government funding would push it along imho
They moving in the right direction
I'm sure I'm not the only one that has thought along the same lines. Good fortune to all.
I'm certainly not trying to be a killjoy but a lot of folk thought positively when Jo arrived and actions were imminent. Sincerely, yes,sincerely hope things move big time sooner rather than later.....and not just more flippin holes.
Well that put a bomb under the SP (not)