If you would like to ask our webinar guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them here.
An old report, just placing here for future reference https://nora.nerc.ac.uk/id/eprint/534588/1/MRP112_WF90004.pdf
Plenty of mineralisation out with our exploration area, but any connections? https://nora.nerc.ac.uk/id/eprint/11845/1/WFMR82051.pdf
In the 1980s some detailed gravity work was done over the Parys Mt and wider area. Whatever happened to this data? I'm sure I remember a residual gravity anomaly extending to the north of Parys Mt. The company should make better use of geophysics to help with locating drilling targets and expanding the resource. Gravity map of Anglesey, unfortunately not the detailed survey, https://largeimages.bgs.ac.uk/iip/mapsportal.html?id=1004924
"am quite surprised more have not bought" just so few smaller investors in AIM these days, just not the free cash around anymore. It's quite unfortunate as some companies on AIM seem to be approaching very positive tipping points, wish I could put more into the market.
On the AYM website https://www.angleseymining.co.uk/ they list the existing projects then state "Anglesey is also actively reviewing other compatible base metal projects suitable for incorporation into the Anglesey Group." With all the current news could a merger or an RTO about to be taking place. Maybe the move into AIM was to help facilitate such a move. Also the title "Committed to sustainable mining in the 21st Century" sounds very grand for what is in reality currently quite a small exploration company. This title sounds more like the words of a company like AngloAmerican see https://uk.angloamerican.com/sustainable-mining , with it's Woodsmith polyhalite mine in England's, North York Moors, if they became involved it would be a dream come true. Certainly AYM do hold the key to some large resources, particularly Grängesberg Iron, Apatite, REE and certain companies do like fertilisers. And the proximity of Parys Mt to the sea could also facilitate a low impact mine design like Woodsmith. Just some more of my thoughts and dreams, but probably totally wrong. No investment advice intended. DYOR.
EarlofAim. You need to do more research on the proposed mine, before ramping some mine unknown to many on this thread. Quote from today's RNS "The blend was 3.3 (White Rock) to 1.0 (Engine Zone), similar to the contribution that is expected to be delivered from the mine in the early years of production, prior to the Northern Copper Zone commencing." I believe the White Rock will be mined during the creation of the access adit or shaft. The fact that they can extract value during the approach to the main target, the Northern Copper zone, means that they have much of the capital costs covered before reaching the main zone. Surely that's a big positive.
The fact that we have actually struck a deal with the Mali government where they take a stake is great news. I did see a local news story about 8 months ago about protests against certain mining operations not contributing to the nation. The fact that we have a procedure in place to do business with the Mali government may open up other opportunities. Maybe other lithium concessions could merge with us, just a thought.
These changes are common. It will be very interesting to see who replaces Jo. I'm hoping it's someone who can get excited about Grängesberg and someone with experience in one of the bigger mining corporations, who will actually move things forward at a faster pace and attract funding on a larger scale to support rapid progress. AYM needs a push. Exciting times ahead, as always, imho.
I thought this was interesting. A global mining giant working with a Swedish green steel producer. https://otp.investis.com/clients/uk/anglo_american2/rns/regulatory-story.aspx?cid=49&newsid=1679174 I assume the process will become even greener if the ore is not shipped all the way from South America but produced locally in Sweden.
As for using diesel underground, new mines are moving to electric vehicles/machinery, although more expensive, lack of exhaust emissions reduces the capex required for ventilation equipment to remove noxious gasses from burning hydrocarbons underground. So the costs balance out and you get a healthier working environment underground.
For your info the bronze age workings at Parys go to a depth of 20 fathoms. And that is not scratching the surface, it was not an open pit. Hopefully you will be a bit less clueless now! https://www.cambridge.org/core/journals/proceedings-of-the-prehistoric-society/article/abs/copper-mining-in-the-bronze-age-at-mynydd-parys-anglesey-wales/0D5D16EE3A7153666945AEBAD5E6C672
Robevs100 hopefully this link will suppy you the information. It is in pdf format https://www.fca.org.uk/publication/ukla/pn-907-1.pdf