Member Info for Aberdeenman

"hey may as well get the pistols and duke it out at this stage...."

I think the ozzies are too busy using their pistols to shoot themselves in their feet.

Hopefully China is pushing very hard to obtain 'other' major sources of ore ;-)

Aberdeenman

As has been said, never goes up in a straight line.

Nothing changed, news still due.

I am pretty chilled, it will happen, and in the meantime the economics of the projects gets stronger and stronger!

Aberdeenman

" my advice is sit tight and wait for the PEA RNS ‘s to drop"

They seem to favour a 7am RNS, but there have been some that drop at odd times of day, so no way you can be out and be safe.

Best just holding IMO.

Aberdeenman

Myself and others had warned about the inevitable treeshake.

Always happens on a share that has risen, especially when news is due.

Easy pickings, as peeps are nervous about profits.

Got to be a bit detached and just remember the bigger picture.

Sometimes it really is best to walk away from the screen.

98 times out of 100 the drop is very temporary.

Aberdeenman

Nice one Brent!

Still a good few bags to go, those PEA's should be a catalyst to new highs!!

It is after that that interests me as well, no doubt there are many just looking for a quick profit on news, but personally I think we will see some deals going on in farly short timeframes.

That kind of news has historically propelled miners to much much higher prices.

Aberdeenman

Nine years, well done for patience Brentharg!

Hope you make some good money out of this.

Aberdeenman

'Stable locations', and just in time for Christmas!

Just follow the bright star, and even that is happening this year! Jupiter and Saturn aligning for the first time in about 20 years!

Everything lining up!! Tea leaves also say 198pps next year!!

;-)

Aberdeenman

Good to see the SP has had a rest today, but still up and now rising again.

Rampantrumpole, got to be careful with 'value in the ground', it is big figures, and there are plenty of small cap miners sitting on billions of ore, I am in another that dwarfs what AYM has. Calculating a value has many factors (luckily the market price and outlook makes many of these project viable) including power, plant, above/below ground, distance to market, and as you say grade.

That is why the PEA is so important.

What AYM, and the various project, have is low costs, and fast time to extraction, that makes, certainly for me, AYM very attractive.

Add in someone like Gerald, and a small free float, and it is very attractive indeed. As previously stated, I think AYM has a long way to go, current SP/market cap is pretty small compared to what it will be on good PEA's.

Looking forward to seeing the PEA's and hope they come as a Christmas present!

Aberdeenman

No harm in reading the forums to give your own research a quick start though!

Aberdeenman

Crooner,

You are or were, in NYCT, how many % did that rise!!

I missed that completely, in fact most of the covid rises, but I like oil and mining stocks, and there is no doubt the world is on the cusp of a surge in usage of metals, of which AYM has a protfolio of very valuable parts.

I have said a few times getting into the right commodity stocks now will be like getting into the right Covid stocks early on, there are big rises to come.

If anyone said AYM was going to get to 250p (which is the brokers target for the value of AYM share of LIM, not at 70,000% only 37,000%) I would say not going to happen (yet those brokers seem to think it will).

You could accuse someone of ramping saying it will get to those dizzy heights, yet there are 4 respectable brokers saying just that!

Personally, I agree with Boom, likely something will happen to the holding before full value is realised, usually the way, but would they refuse a £50m price for their 12% or say 10% if it gets Parys off the ground?

No idea about UFO, Alba or OMI, but some of us have been around for many years investing, don't confuse excitement for ramping.

Rampers don't point out risks or quote facts, generally.

Good luck with your investments.

Aberdeenman

Newbies should of course be aware that news is overdue, I suspect the spreadsheets are overloaded following the large rises in metal prices!

Aberdeenman

Cannot have large rises every day, so no bad thing for it to take a breather.

Still, on news we should hopefully get a rerate.

Aberdeenman

It will come, I cannot believe AT's phone is not ringing every day with inquiries.

Deals take time!!! Just hope we don't miss the commodities supercycle ;-)

Aberdeenman

"i would not be surprised to see another wave of buys."

I have been saying for a while, commodities is going to be a very very hot sector.

It is a bit like getting in on the covid stocks before people realise that they are going to skyrocket, the herd have not even arrived yet! So well done all those with the foresight to invest here at an early stage, the SP has a long way to go!

Aberdeenman

The Twitterati may have been correct yesterday and 10p goes today!!

Looks like the rise will continue.

Iron ore prices still rising, and this is before major spending is announced across most developed countries.

One thing to remember is that mines often take years to come on stream, even if the economics make it worthwhile. Our Swedish and Canadian interests are on mines that could come back to life relatively quickly, that is part of the reason for the broker 37,000% 12 month target on LIM.

Our rise here on AYM is just beginning!

Aberdeenman

Thedogsnuts,

If you do it manually it will cost you a much bigger spread than calling your broker and telling them it is a bed and ISA, they can get almost the same price for buy and sell.

That is if your trading account and ISA are with the same organistaion.

Aberdeenman

Thedogsnuts,

If you do it manually it will cost you a much bigger spread than calling your broker and telling them it is a bed and ISA, they can get almost the same price for buy and sell.

That is if your trading account and ISA are with the same organistaion.

Aberdeenman

Personally I think many PI's have not woken up to what is starting to happen.

Small miners, like AYM have been around for years treading water, as it is difficult to raise money to get mines producing.

But what is now happening is a major shift in commodities prices, it has been a long time since the future for commodities was this hot, so a lot of investors may never have seen it before. It is truly the start of a commodities super cycle. Add in Covid, and the resulting huge wave of infrastructure spending about to happen, and geopolitics (China v Oz) and it is a perfect storm.

This reallly could be a once in a generation opportunity, as far as small mining companies go, and the rises will be huge as value is realised, at last!!

Aberdeenman

Obviously not a very bright Troll,

Not done any research, so not aware of near term expectations.

Aberdeenman

the one post is a give away.

New day new moniker.

Aberdeenman