RE: In situ resources $$$blns CU, gold etc1 Dec 2025 09:42
The situation at Anglesey is very similar to what happened at Conroy Gold a few years back, no-one ever believed their project was worthy, a lifestyle company the naysayers said, large landholdings in Ireland but with proven gold in the ground, however, out of the blue they secured a JV partnership with a Fortune 500 company and the share price surged from under 10p to circa 40p in quick time.
The point being there are larger companies out there looking to secure projects, Anglesey's Parys Mountain is far more advanced of than Conroy Gold's was at the time, what is more the local community are supportive and various planning permissions + EIA are all in place, the mineral resource is in place, there is no dispute on that.
The fact is that at £1.3m market valuation, AYM is a no brainer investment proposition for the risk adverse who like this sector, it is very rare such a valuation disconnect occurs, no wonder the market will not allow sizable buying at current levels.
DYOR etc.