Member Info for hyper-al

Probably not much changed at the site since I did geophysics over it in the 1980's , apart from maybe the surface scrape for a drive into the white rock, so not much point for a visit by me. Seeing the muon downhole survey work would be very interesting, but I doubt I could find the time for a 10 hour drive and overnight stay. If anyone has not visited the area, and have time, it's certainly worth going, Anglesey has plenty to offer for a holiday, particularly when the weather is good.

Croissant - I followed Wolf minerals for years and have started watching TUN. Has TUN mentioned the problem of clay? I believe it binded with the ore and made processing very difficult. Noise, I believe, was also a problem, but I think that was almost resolved before the money ran dry although I believe it impacted only a few properties. As for AYM, I think it will be far easier on the environmental side, as the site is more distant from property, locals have been very positive about the development and the company will be using modern mining techniques, such as dry waste disposal reducing the problems of mineralised water. Also having historic mine pits is useful as they can place any ore processing mills in them, reducing spread of noise, or milling could be done underground. Perhaps they could put up wind turbines and battery storage on the site and take environmental mining to the next step.

I came across this https://www.gov.wales/planning-policy-and-guidance-minerals-and-mining . The company had a Pre-Application Inquiry meeting with the Mineral Planning Authority and a number of statutory consultees back on the 5 April 2023 in Amlwch. See https://www.angleseymining.co.uk/parys-mountain-planning-application-update/

I assume there are deadlines in these procedures. I quote from above company RNS "The planning process allows for the statutory consultees to respond to the proposal with any concerns or queries regarding the project details. Subsequent to this consultation, the Company anticipates it will be required to complete an Environmental Impact Assessment" So what is the current situation on the planning process? In 6 weeks time it will be a year since the important field meeting!!

Patterdale. All very true. More info about AES here https://en.m.wikipedia.org/wiki/Alliance_of_Sahel_States . Basically the AES group of countries are fed up with nations outwith there borders interfering. China is quite different, they will trade with any nation without interfering in politics although it must be said the large sums of money pumped into a developing nations infrastructure will impact, as does money anywhere. As for Kodal, China and the world, they need Lithium. Kodal and China have both shown respect for whoever is running Mali, this diplomacy matters. We need more diplomacy around the world, particularly with the dangers of climate change fast approaching. I consider my investment here relatively safe because of the important role funding from such projects will play in developing the Mali nation, the Mali government recognises this fact, development is far better than conflict.

A large trade was reported late. It appears the big seller is still around. To sell you need buyers so maybe price dropped to entice more buyers. Once the big seller has finished selling, or crosses certain percentage of ownership points then an RNS will need to be released. The same reporting standards apply to a big buyer. These large share transfers can happen over long time scales in order to maintain a stable market. It will be very interesting to see who is buying all these shares.

Adobe Premiere Pro prices are here, not the cheapest https://www.adobe.com/uk/creativecloud/plans.html . You mention the 'Gold standard' well the 'gold standard' disappeared decades ago. 'Elevate' is a greener solution, the solution for now and the future, creators will pick up on this aspect very quickly. Computer servers burn lots of energy, the most efficient software and 'bandwidth time', like for like, will win.

$12.99 per month for my holiday videos and occasional YouTube clips sounds an excellent starting point. Maybe at this lower price entry point a 'Powered by Blackbird' or the logo should appear as a non removable watermark for a few seconds in top left corner of output, just to let viewers know about the tech behind the video.

Sisteract. You talk nonsense re requirement for cash, I quote from RNS last September "Cash burn, excluding proceeds from share issues and transfers from short term investments, increased to £1,921k (6 months to 30 June 2022: £1,253k) due to lower revenues and higher staff costs to work on our Creator SaaS product

· Cash and short-term investments of £8,177k (30 June 2022: £11,586k) and no debt" So they look good for at least 2 years.

When we have very low risk stocks/funds like RIT valued at around 20% below NAV with a 2% div, I can see why larger investors are not flocking here. It does not matter what the company thinks it value should be, there is just not enough people investing in AIM stock because of the recession or because they have lost all on other AIM stock, like me. I'm holding what I can afford of these for the long term, at some point I hope they will see true value as we approach mine development.

I really do not understand why the LSE allows such trading. Total waste of resources and a risk of system instability from misuse.

This is a good little video about VMS ore deposits and also a reminder that there is probably still much more to be discovered at Parys Mt. The video also reminds us of the metal deposition sequence in such deposits. https://youtu.be/lp27ORG3u5I?feature=shared Did the company ever drill any exploration holes from the subsurface workings?

Looks like overhang may have cleared yesterday. Enormous volume has changed hands over past few weeks.

Ok, just discovered most of the hydrogen gas storage research was done in Grängesberg way back in 1995 so probably not relevant to AYM, but still interesting

SSAB, LKAB and Vattenfall are giants.

From Wikipedia

SSAB "SSAB is the largest steel sheet manufacturer in Scandinavia, with its blast furnace, coking plant, and steelworks located in Luleå and its rolling mills and coating plants in Borlänge"

LKAB "(December 2023) Luossavaara-Kiirunavaara Aktiebolag ( LKAB) is a state owned Swedish mining company. The company mines iron ore at Kiruna and at Malmberget in northern Sweden. The company was established in 1890, and has been 100% state-owned since the 1950s."

"LKAB's chief assets are among the magnetite orefields of northern Sweden. Its corporate headquarters are in Luleå and the main production sites are in Kiruna (Kiruna Mine) and Malmberget, close to Gällivare."

Vattenfall "Vattenfall (then called Kungliga Vattenfallsstyrelsen or Royal Waterfall Board) was founded in 1909 as a state-owned enterprise in Sweden. [9] [10] From its founding until the mid-1970s, Vattenfall's business was largely restricted to Sweden, with a focus on hydroelectric power generation." Underground pump storage has been mentioned in previous posts, so Vattenfalls involvement in Hybrit is interesting. So we have mention of Grängesberg for use in pumped storage and hydrogen storage. And we have major Swedish businesses looking at these solutions in Grängesberg for the production of green steel.

This maybe all totally unconnected with AYM's share of assets in Sweden, but I'm certainly happy to have shares in AYM after this research. DYOR. No investment advice intended.

Hybrit - " SSAB, LKAB and Vattenfall are making a unique joint effort to change the Swedish iron and steel industry fundamentally. Under the name HYBRIT, we are working together to develop the first fossil-free steel." https://www.hybritdevelopment.se/en/

Hydrogen at Grängesberg was recently mentioned in a post. I came across this, Grängesberg is mentioned in connection with mass storage of hydrogen in underground caverns for use in green steel production. Extremely interesting and a must read, this sounds very exciting. See https://www.sciencedirect.com/science/article/pii/S1674775522000774

Sweden and Europe are desperate for high grade ore. As the new electric and hydrogen furnaces increase in numbers around the world demand will rocket for the 70% grade product. And remember we have the Apatite and REE, which are additional resources beyond the iron.

Where did this hydrogen power plant for Grängesberg idea come from? I know about a pump storage scheme for when the mine has finished operation, but seen nothing about hydrogen power plant. Hydrogen would be for the steel maker not the miner, unless they are planning on an eco furnace in Grängesberg using ore direct from the mine with zero transportation cost.

This is an excellent report "Understanding the high-grade iron ore market" a couple of years old, but very informative. In PDF format https://pearlgulliron.com.au/wp-content/uploads/2021/09/Understanding_the_high-grade_iron_ore_market_Fastmarkets.pdf

Some idea of current price in this article "DR magnetite concentrate is US$167 per tonne CFR China" https://m.au.investing.com/news/stock-market-news/cyclone-metals-a-step-closer-to-producing-lowcarbon-lowcost-steel-component-following-positive-test-results-3063306 quite a premium over the basic ore.