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Any opinions on top up now to av. down if got caught in the spike? LTHs: What do you think is already counted into current share price? I really want to see economic stimulus for an area I love but Id like to make some money too, hope they can get close to the expected time lines for some RNS /PEA info but with the state of all things covid I dont suppose its easy for anyone getting things sorted. Tempted to drop a little extra in at better price or wait and hear what the options/plan may be with news??
Aaarrgh...Nooo Pu.....definately should be Pb and I was so careful to make sure I got my $ & £ the right way!
Sorry only on a phone NO PLUTONIUM
Thanks Brent and Calm also!
Just seen Aberdeenman comments...think i understand better now. Thank you
Ahh ok so my figure is only correct IF ALL the inferred material is proven to actally exist ...which is what the PEA clarifies?
From the link...at the bottom is "Totals" and bottom of Cu% reads indicated 0.58 + inferred 1.46
Did you do a reduction to allow for the differences in grade or domething? Im not sure if I should apply something to my figures to allow for variation?
Brentharg could you run through these figures for me please as Im coming out with higher and not sure if my sums wrong??
Using https://angleseymining.co.uk/Parys-Mountain-Resources as my source for amounts ( inferred plus indicated) and todays metal prices from LME this is what I came up with:
6228000 total est tonage on site
Cu 2.04% @ $7900 p/t = £737'513'018.56
Pu 3.38% @ $2046 p/t = £316'471613.90
Zn 6.51% @ $2840 p/t = £846'080'646.09
Ag 66 g/t @ $26 = £280'460'487.05
Au 0.8g/t @ $1880 = £245'811'522.38
Gross total = £2,426,337,287.98
Can someone point out if my figures are wrong. Thanks.
Thats reassuring Aberdeenman. Thanks. Hard to know about circles I dont really move in.
LOVE the Mammas and Pappas, Berto great tune! Fingers crossed for Monday then & then a LIM follow up to carry momentum!
Would a rise just before christmas tempt more people to sell into news, in order to have funds to celebrate with? Maybe holdout to just after xmas? My first year so excuse me if this is irrelevant??
Bit of resistance to that 20c level...is this as far as sentiment can take us? The promised PEAs needed to confirm asset options. For Parys I'll take mix of Brenthargs development option A + B: start with the zinc to cash into the copper but I could live with them doing cash raise also to make sure it high grade equipment so that as little waste as possible & best margins!?!? As for LIM is it only value to us if we sell at high or would there be anual return on production ?
https://www.bloomberg.com/news/videos/2020-12-11/cooper-is-screaming-one-way-ride-trafigura-economist-says-video Nice link from ADVFN today copper could be overtaking oil as economy driver with the serious push into new energy modes and next level infrastructure around the globe. Green tech all day long please :)
Now then :)
https://angleseymining.co.uk/Parys-Mountain-Resources is the most up to date mineral values I think we have(?)... can anyone show me link for examples of costs for extraction as Bob and Brent make good points about the margins being the difference to SP not just purely asset amount in ground. Can we see any rough workings for extraction before PEA??? TIA
You're very welcome HonestBob, trying to build a set of reference sites that I can trust so please also tell me if anywhere I link should be cut from my list! And any pointers places to go for reference or evaluation help
Apologies' good catch yes 20 canadian cents!
Somehow I missed this awesome reworking by MonParys!!
Reworking is the key here...we're all salivating for news on 'What is THE PLAN'?? Its all imminently due...tantalisingly close...sell it? Work one? Will the PEA arrive and tell us that there is a movement to extraction ? Saw chatter that LIM chart is testing its 20p resistance and could climb high if it breaks that point...lets hope that news breaks soon on Gerald working it hard.
Would love to upgrade to strong buy and hoping that the PEA is positive and there's a race to get some development going so we can stimulate the economy of Angelsey. Come on Mr Hooley give us the news we need. Happy holidays to all and thanks again MonParys for your clever contribution!
High-hoooooooooooooo!!
Get them tools dusted off and lets get busy :)
https://stockhead.com.au/resources/these-small-caps-are-pulling-old-iron-ore-mines-out-of-hibernation-at-warp-speed/ report from aussie market no mention of us but highlighting continued demand pressure from China...hoping China has the steam to keep up production pressure or we can get serious with green vehicle infrastructure would be great for the multi metals of Parys...New years wish instead of resolution: Government investment & clever green building all round!
Let me know if I link to anywhere thats garbage but with LIMH chatter linking our prices with success here :
https://www.barchart.com/stocks/quotes/LBRMF/opinion
From
https://investorshub.advfn.com/Labrador-Iron-Mines-Holdings-LTD-LBRMF-31877/
Well said RampantRumpole....thanks Brentharg...was a stormy time that I arrived on board but I have many questions as only at the beginning of my investment journey and it pocket money amounts compared to what some are trading but Im getting married soon and so time to panic about no pension/life insurance...or financial knowledge really for this age in life!! Handy when there is banter to keep fact sharing and hope alive ;)