Member Info for honestbob

What is he famous for?

Second on the board at the moment - that usually attracts more buyers

Brent if you don't mind me saying on the early days of this latest excitement it was go your credit that you continued to present a balanced assessment (and took some flak for doing it) when it was very much in your interest to just be positive overlook all risks and see those fill your limit sales and move on to increase value your residual holding.

Hopefully will meet you and others at the commencement of mining party on the Island

Mr c if click on RNS above then click on the RNS for the fourth of December that
Has the details

Wuckfit

Really pleased it has worked out for you and taken some pressure off you for a month or two
Very best wishes and hope you get more chances to repeat the exercise

HB

Hope you right

Did your machine give prediction for week coming

I think we are in the position B rent predicted some years ago - rocket on launch pad

Only fly in ointment as I see it is if whoever took warrants etc is looking for quick profit and they need to be absorbed if taken up and sold

Market makers like the legendary King trying to stop the tide coming in

Extension RNS come 5p next?

5p today and price monitoring RNS?

Boom
I dont think so and if they were to consider as a concerted effort could get them selves in all manner trouble

So I suspect reverse be true

but China in moment crisis usually stimulates its economy by infrastructure projects

Given that from memory China used more concrete ( which is usually reinforced with Iron ) about 2012 in two or three years than America used in the preceding century - I suspect if they follow infrastructure route then they will mop up production

My hope is that LIM is bought out or in production The hope is that LIM is bought out or in production before price goes the otherway
V

Mr calm - i thnk 1.5m approx from the RNS

Juno - whatever they do i think and hope they will keep above 25% which give them power to block hostile takeover

You may be right but i think otherwise they might replicate the model of that mine- which if not for issues with government would be succesful - and in tandem try and work something out there because there is a lot invested.

Doing that I thnk would involve buy whole of LIM which as Sammy said would take out risks to AYM of ore price
Movements

Whilst i dont think it likely buying Aym would be a route to a fifth of LIM

Boom you right about Sierra Leone Mining

Mine was recomissioned and started to operate - I think production ceased at present due to dispute with government

So may well like idea of repeating the exercise closer to home by LIM takeover.

I have wondered in past if areas of land adjoining Parys have similar composition or at least done minerals find it hard to believe it stops dead at Parys boundaries. Perhaps opportunity for the future.

I don't thnk any one would want to answer your question directly

One option might be to take a step back and ask yourself if owned none of these shares today - would I buy some.

Of course there is a danger that takes you back to the original question.

Calm I hope you right. I think PEA is to confirm the 500% increase from the last report of lucky may show even more.

Brent my guess is that for anglesey at least a good PEA is largely priced in - that said would not be surprised to see spike when released.

LIM of course is the wildcard with or without PEA

A Aside it is interesting to look at LIM site with the various agreements with the different First Nations peoples seemingly there were or are overlapping interests or claims. To their credit LIM managed to negotiate through them all

But agree input of the top and bottom gentlemen welcome

https://www.theguardian.com/business/2020/dec/02/could-china-replace-australian-iron-ore-with-metal-from-africa

Good luck