The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Their holding always was tiny, can't see it having much effect apart from to the quick buck gang
It is almost a month since the options were exercised...
Ringworm - let’s go over this again, AYM is on main market LSE and not on AIM...
Where do you get that from Eminem? I can only see £15-20k sales on here
Dukey, contact them and tell them they're wrong then... Google or look up https://www.londonstockexchange.com/stock/AYM/anglesey-mining-plc/company-page to see they are on the main market
It’s not AIM, it’s a full LSE listing
And these figures he mentions, I assume they relate to only one site PEA (the released Anglesey one) and not all linked locations (Anglesey, Labrador, Grangesberg and the others mentioned in the last release)? It can only mean one thing, but is dependant on information from the BOD that should be forthcoming in the next couple of months.
Hi folks. First time poster... I had shared with Attis and then topped up significantly to ensure I didn’t lose 0.00001p in any missed shares!
Anyway. Does anyone have an estimate on what the share price will get to in terms of future expectations on currently released He volume data, costs to extract, ROI and potential annual profit with affect to the SP?
Thanks
I’ve been here for 15 years... :) I’ve seen 90p and not sold, increased my holding at the depths and due to averaging down I am now sitting very happy. However, I believe there is a lot of mileage left in this again. I don’t believe some of the ridiculous estimates of £1+ or even that we’ll get to 90p again, but I think in the 20p+ region is realistic within the next 12 months based on LIM and Anglesey alone. Sweden and other opportunities will grow it further.
There are a lot of IFs involved Sammy. If your auntie had a *****, she’d be your uncle.
With relation to shares, it’s always full of IFs. We are all gambling. If you have missed the boat this time with a top up I’m sure you’ll get a chance again in the future. We all know that the costs involved with extraction and refinement are reducing annually based on advances in the technology being used to produce these processes, with larger and more capable equipment now available. Therefore, I believe a figure of $110 is as a worst case, but if investment is being made up front, this figure should be lower.
Clearly there are miners out there who bring money out of the ground at a profitable margin, despite the global prices fluctuating through time. There is no reason why LIM/AYM can’t also across the various sites they have claim over. IF the successful miners all closed when the spot price dropped a few dollars nobody would be at it...
More buys than sells is always good to see, despite the price not reflecting it at the end of the day.
As Dukey says, there is uncertainty. However I am probably joined by the rest of you in agreeing that has always been par for the course with AYM and the lack of speed over the past 15 years reflects general market uncertainty. However, you can’t dispute the Independant evaluations of what’s under the surface and the released/pending PEAs for the same. All we need is the Labrador release and some momentum gathering in Sweden and this will launch. The upward trend in 2011 when Lab was last producing happened over a year with lots of profit taking along the road, hence not a straight line. I believe we are at the start of the same journey but this time we’ve found other pots of gold to add to the inventory.
I’ve never written this much here before. Must be the caffeine ??
Dukey, you won’t make money here unless you’re prepared to hold. Some of us have been in AYM for 15 years! If you’re getting squeamish, then AYM is not for you, but if you’re willing to stick it out I can’t see any other outcome than profits. How heavy these are depends on movement on the various fronts, but we’ve seen relatively significant developments in the past year and hope these will be built upon. Do whatever you need to do in terms of your current financial needs, but hopping in/out isn’t the best practise with this share. As usual, DYOR...
You could be right, although I’d imagine that real estate would be cheaper in other territories. However, there appears to be a rise in fire sale type business deals, so the right thing could be closer to home than expected. I’m also assuming that QME might have their ear to the ground in terms of what might come up and would consider further partnership deals if it meant spreading their risk.
I agree, AYM has the potential for an existing miner to invest in the possibility of a UK mine PLUS the benefits of a small share in LIM and over 50% of Grangesburg (which I personally think is the hidden gem in the whole package).
I would also like to know what exactly the BOD are looking at when they mentioned a couple of other opportunities. Are these local to their existing footprint or are they somewhere different (Africa springs to mind immediately, but there are many more fields out there that can be utilised to gain pre-production value).
I also still believe that the working relationship with QME will bring more to the table in the future.
Brent, I’m of the same opinion. Discussions are already in place with QME with a deal done on mutual benefits if ground was to be broken. I see no reason why they wouldn’t have put in place a plan to get from PEA to production, and two years surely isn’t unreasonable.
I think the chances of bad news are slim based on the information given by AYM and LIM in recent months. As usual, the timing is late, so nothing to worry about. I’m still expecting quite a raise in SP on news
November...
Wuckfit, know how you feel buddy. I was made redundant in June after 20 years in my 'job-for-life'. Been in AYM since 2006, averaging down over the past few years now means I have a tidy profit of over 120% at the moment. Am tempted to pull out my profits for the free ride too, but I think for the sake of another month the price is going to be worth it, post PEA release (given where we are due to the anticipation!). So I'm going to hold it all in for a bit longer, then intend to live off the profits for a few months and keep two feet in AYM for the future expectations. Good luck with whatever you need to do to make it work for you and your family.
Hopefully Bill is checking out a few yacht brochures as we speak... ;-)
Yes, I am aware of the limitations of LSE :) But always do a dummy buy/sell to get a feel for the transactions in progress.