The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register 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.
Your welcome
Thanks all
Which is Q4 this year isn’t it ?
We’ve had pfs waiting on dfs then I think we’ll see some action imho
We have been saying that for years!
I think the short answer is nothing has or is happening. There has been a number of false starts since the 1980s. We are now in 2024 and there is no clear timeline to development. I believe the market in general is poor from my own watched shares in mining (ggp & solg) also performed horrifically over last few years.
Irrespective of the poor market I think the uncertainty hanging over AYM is a huge barrier for bigger investors. That being said on anything concrete this has the ability to move up very quickly. There is not a huge number of shares in issue and any sustained buying pressure will send this north quickly.
That being said the 3 years I have been invested has seen this SP drop from the 5p region to were we sit today.
This is a huge win Long Term. Its an invest and look away situation.
Wise move to invest , the fact that once proven up I think they’ll be some intrest from others in taking mine to production imho
Thinking of taking a position here, seems to tick all the boxes.
Reading through the RNS, financed from placings (standard), no loan facilities mentioned, 100% owned assets in the UK with permits in place - yet the sp is stupidly low, especially when you compare to some of the junior explorers in other countries who have found diddly.
Am i missing something? What gives?
Are we due an interim update?
Copper,gold,silver and iron ore mine in uk !!
Thanks for link manic miner demand will far outstrip supply and to have a mine on our doorstep hawiaiifiveO, for 10 years plus has to be huge for uk energy supplying many industries
What I cannot get my head around is companies with smaller projects in far less friendly countries than the UK are finding JV and funding partners with ease, the latest being KAV and even POW (which has a plethora of projects) had Rick Rule taking a stake, there are many others.
I have no idea what the heck is going on at AYM, their assets have enormous potential to deliver value, way beyond the current pathetic market cap, but no-one from the BOD seems able to deliver value to them over many years.
There has been no interview with the new CEO which is poor from a PR perspective also.
Some material news is needed, the current status quo is unacceptable.
Biggest copper/ gold and silver mine in uk
They won’t want this to escape there clutches imho
TT, thanks for link indeed interesting
Https://www.msn.com/en-gb/money/other/copper-smelters-in-leading-buyer-china-wary-of-bhp-anglo-american-tie-up/ar-AA1nVHFl?ocid=msedgntp&pc=ACTS&cvid=8bda3bc307494fc2ca8145792d01e5ad&ei=17
This popped up on my web browser this evening. I found it interesting.
I wish I could. I have several million shares but no spare funds to buy more. Never thought it would go this low. However the pay off I still believe will be huge here.
Marsdens appointment ex Rio Tinto A big plus
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.