Anglesey Mining Share Price (AYM)

From experience I never trust estimators. If they put out the true figures then very few projects would get started. Trouble is in this country there is too much red tape hurdles and a lack of investment foresight but in AYM’s case the truth would be too frightening. Final bye.

Forgot to estimate running costs…….say 180 men plus overheads will cost roughly £50 million/year times 12 years, could be up to 16 years, equals £600 to £800 million. Not mush left hey.

But they might at 0.25p!

Found entertainment elsewhere….so offski.

At long last, someone with information.

If your information is correct Anxiety then as a very possible investor I would opt to stay out. I can’t see any company investing £300 million plus running costs for what looks like megre profits and high risks regardless of PEA results. On top of which all the required permits are not available and as for Canadian and Swedish Iron mines these aren’t worth a jot as possible investment/reward ratio is far too low.

Now I understand why the BOD are milking and not buying AYM shares.