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Why aren’t you using the figures you post re value of metals @ Parys in your calculations?
Brentharg on the figure you post re Parys metals values what annual profit would you expect AYM to make on them?
Currently stands @£2m and rising
Don’t forget there will hopefully be additional management to run the various assets
I’ll go Parys value £50m Labrador £20m Sweden £25m and additional acquisition £10m ...total £105m by mid year 2021
updates ...Parys update coming just before or just after xmas
Sweden increased stake and moving forward
Canada update coming
Acquisition on its way
happy days
JV for the Swedish asset IMHO
Iron ore through $150 this morning
North of 50% IRR
You are not the only expert!!! Let’s leave it at that
Funding for Parys won’t be an issue
Why didn’t you sell all at 5p then ? You come across as an arrogant **** who is the only one who knows about market value ,commodity prices etc
Is the same poster who stated Labrador & Grangesberg had no value and wouldn’t restart...and as we have now passed your 5p prediction (how dare we) we need to sell our shares to ensure we we get under the 5p
it wont go up in a straight line...its better if we have a small rest!! fyi
Zinc surged to a 19-month high on concerns over falling Chinese production and hopes for a U.S. stimulus deal
Brent
Yes very happy..I had confidence AYM assets just weren’t reflected in their SP value and there was more Copper/Zinc in Parys than originally show then add in the multi Ore assets in Labrador which are set to restart very quickly plus the Swedish asset which s/be an absolute gem...and finally it sounds like an acquisition is imminent..!!
Iron ore China Import (Fines 62% Fe) rose by US$2.40 or 1.6% to near 8-year highs (highest since March 1, 2013) at US$149.95 a tonne
“ Iron ore almost at $150/t: Last time (2013) iron ore prices were that high Vale was exporting ~300mt and China importing ~800mt. This year, Vale will export ~300mt while China will import more than 1.1 billion tons, or an additional “Vale”.
Iron ore the new cash machines
https://t.co/wVp8hWPMn1
wont need a preliminary feasibility study
What I’m pretty sure of is the “AYM” we see now is a million miles from the “AYM” in a years time..the patient will be rewarded!!!!!