PYX Resources: Achieving volume and diversification milestones. Watch the video here.
Korg your comment made me laugh, fella! Has one of those mean estate agents been nasty to you in the past? Bunch of bastards! You are correct in the fact that SOME estate agents are truly terrible. Inexperienced, overpricing properties, hard sale tactics, laziness, complacent, arrogant, the lot. But I am heavily involved in the property game and I have dealt with some excellent estate agents who have made the entire sales process considerably less stressful. They're not all a bunch of crooks (well they might be in the big city) and it's definitely not fair for you to generalise an entire industry based on your poor experience(s).
This is a terrible company going in the wrong direction. The estate agency has been failing for years due to their inability to employ competent staff for the front line. They've tried to copy the Purplebricks model along the south coast and that's failing. The conveyancing arm is pretty much useless and laughed at across the industry. However the Countrywide mortgages and Countrywide surveyors are successful so should be worth some money. If a takeover arrives, they'll need to have a huge shake-up across the entire payroll. Can't personally see why anyone would want to take on so much work and so high-risk an investment, but you never know. There are a bunch of nutters out there.
Hi all, I've chosen to stay away from here for a short period due to the 'un-named' moron we have trolling this board. Naturally, as many were, I was very disappointed with the reaction to the Scoping Study. It's a shame some of the larger platforms didn't appear to send it as an alert, so many were not even aware it had landed. Regardless of that, the annual statement was very bullish and I'm still very happy to be holding here.
Finance has always been the big question with AYM. However, everyone knows this. The report released today is a great big advert to any potential partner, buyer of financier. The potential figures speak for themselves and exceed expectations. We own 100% of this huge asset and the current valuation is a joke... I'm a very happy holder.
Buys coming in just under 6p now and bidding strong for chunks. This will move higher after lunch.
5.31 to sell 500k shares... that's a very strong bid. Think it'll take off this afternoon personally. We'll finish between 6 and 7p then press on tomorrow.
Missed the RNS first thing but read through it twice. That's a gem of a report and I'm astounded we're not already trading in double figures. Regardless of that, I see this as an opportunity. Once the figures are digested this will look like an incredible price to have bought at. I've not sold a single share today and won't be until I think we're at fair value.
Scoping study over next week in my opinion and then a re-rate to fair value. I'm locked, loaded and looking forward to seeing how this pans out. Oh, and I've taken advice of others posters on here and will no longer be responding to Mr negative!
Haha yes Confu, I agree. I guess I like to bang my head against a wall sometimes... Anyway it's Friday afternoon and work is dead for me, so I'm off to the golf course.
Absolutely Steven. For the purpose of Money Miner, and strictly in my opinion of course, AYM is currently valued so cheaply because: - Base metal prices have been so low that the mine simply hasn't been commercially viable - There has been no significant news for years (alluring to point 1). Why would the general PI invest in such a boring share? - The BOD have been horrific with communication and regularly missed deadlines However, now we are in a position where: - There is a global (critical) zinc shortage with limited production and prices are rallying swiftly - The BOD have recognised this and are, finally, doing something about Parys Mountain - They have officially RNSd to actually confirm a timescale for when they intend to update the market with the scoping study (this is different to other communication imo, as they only really referred to themselves being able to see the results) - There will be larger mining companies looking for resources that are relatively easy to get out of the ground. AYM has a lot of infrastructure, machinery and equipment in place, it just needs an upgrade - They don't have to pay off some random local government to get consent to mine. The mine has previously been producing and would be great for the local economy
'Unfounded ramping'. Can we call you an 'unfounded deramper'? Everyone agrees the company needs to raise finance or enter a JV to get Parys producing, no one here is misleading new investors. We just think the scoping study will show the full potential of the site and PROVE how significantly undervalued AYM is as a whole.
You crack me up fella. I've invested heavily into this company because I think it's undervalued, given the resources of the 100% owned Parys Mountain project alone. Other mining companies which are less advanced and sometimes with less resources are valued much higher than AYM is... You'll notice that I said my personal opinion is double figures, but others believe higher. If I was on an unfounded ramp I'd have said 'this will hit 25p' or similar. FYI I've been holding shares in this company since below 2p, with a bit of trading along the way. If I was after a quick buck I'd have sold and moved on long ago. Maybe I'm mad but I strongly believe this is bloody cheap and I've put my money where my mouth is. Unlike you... if you hate AYM so much and think we're genuinely all morons, open a hefty short. You can sell my shares if you like and give me the difference when we're at 10p plus.
Easily double figures with a full scoping study imo. Some expecting 15p - 20p plus.
The length of time they've taken, along with the indications Bill has given within the RNS and email correspondence to investors, have led me to believe this report will be very detailed indeed. Should be a lot of nice reading.
Good morning guys. If I was on the sidelines at the moment I certainly wouldn't want to leave it until next week to buy. We're right in the news zone and news seems most likely to land next week. Can currently buy at around [or just under] 5p. What a bargain.
Welcome back, I'm sure you won't be the only one.
I believe his type writer is just about going and his one finger typing skills are also in full motion. The carrier pigeon is set with a direct flight to the RNS machine, subject to not being distracted by a pesky child with a bag of chips. Jokes aside, RNS by end of next week in my opinion.
Good day guys and nice close. Plenty of buying last hour and just a few sells, hopefully stale money now long gone. Would be beautiful if we could push past 6p in time for news, maybe tomorrow.
We are very quickly approaching news. Fast approaching mid-July with news CONFIRMED for this month within the recent RNS. I wouldn't want to be on the sidelines when the report lands and re-confirms the huge resource value plus the potential for $50m - $100m revenue per annum.
Sorry Trev2, I do owe you an apology as I did misinterpret your message. I'm just so fed up with reading the negativity of others that are definitely not invested, that I clearly just didn't read through your post properly and responded pretty rashly. If you've held for several years, I expect you are well in profit. So not such a bad investment. Apologies again.