Member Info for monparys

I can confirm that the drilling rig is in place and has been erected. Barriers are being put in place as I write. I noticed that a couple of the teams vehicles have Irish registration plates, so I'm not sure if the QME guys are involved. Perhaps if Peter McParland reads this he may comment. For those who don't know Peter and his father have a long and personal history with the Parys site, and is very knowledgeable about all things mining.

Have to agree with Slimgizmo's tone. If we had a penny for each notice of test drilling we'd all be showing a healthy profit. Definitely deja-vu in action. We live in hope, (and yes I know it's often the hope that kills)! Like Brent and several other LTH's on here, I'm in for the very long run. Not long until my quarter century anniversary!!!!!

I must agree with Brent's post as I also attended the shareholders meeting and it was made clear there would be fundraising in order to progress the project . If you believe in the assets then these steps are necessary even if the pace of progress is frustrating .

Re; my previous post for clarity.

In the 'Definitions' section of the announcement this is referenced

I think it's 67,000,000 new shares not 16.5m, hence 20%+ drop in share value to market cap ratio.

I hope some on here may find this lecture interesting and informative. It does pose plenty of questions but is very relevant to AYMs strategic plan,
https://www.youtube.com/watch?v=sgOEGKDVvsg

Brent's contributions are always welcome and interesting. I also have been 'working my way through this report', and I'm encouraged by it, while also accepting that on the surface it all seems to be moving very slowly. The BOD at the presentation day did inform us that they were working on the permitting and environmental updates which are crucial to moving forward.
The risk profile ascribed by W H Ireland is extremely positive, and at this stage in the project couldn't realistically be any better in my opinion.
The Grangesberg evaluation is very interesting. The potential share value uplift is a good indicator of the importance this project is to our company. It must of course be understood that to achieve that value will incur cost to AYM to obtain 70% controlling interest. In 2014 AYM acquired 6% of Grangesberg for $145,000. Just applying some very crude and simple extrapolation for example in 2014: 1% = 145,000 / 6 = $24,166; therefore on that basis in 2014 70% would have been 24,166 x 70 = $1,691,666. If 10% per year compounded to 2023 is applied, a figure of $3,988,861 would be needed to acquire 70% of Grangesberg.
I must stress, (as you can tell), I have zero knowledge of how this business ascribes it's values, I'm just doing a simple exercise which might stimulate some debate from those more knowledgeable than me (Southwesterner your input would be welcome), to evaluate the risks and rewards of the Grangesberg project.
GLA

I have to reiterate Brents' comments. A great day indeed, with intelligent input throughout. Special mention for BOD members John Kearney, Danesh Varma and CEO Jo Battershill, and Peter McParland of QME. The enthusiasm for the project shown by our own 'Gang of Four' was infectious and instilled a greater confidence to all of us in attendance.
I must also publicly thank Brent for his commitment to our project in driving this meeting from idea to event, thanks Brent we all appreciate your efforts.

Thank you Brent for your work, as TeslaTrooper says, it is much appreciated.

I would like to be included too please Brent.

https://www.dailypost.co.uk/news/north-wales-news/test-drilling-set-restart-anglesey-22167211 For those of you who have read this article, just to be factually correct, the drilling rig is NOT yet on site. However the media coverage is welcome I think we can all agree to keep our project in the spotlight.

Correct, rig not on site yet, slight logistical issue, but will be very soon.

Just to let everyone know on my morning walk over the mountain today had the pleasure of meeting our new CEO Jo Battershill. I have to say he was really pleasant and happy to talk. Very refreshing to meet a CEO who is both approachable and friendly. Suffice to say there are things happening on site, with the Irish Drilling rig due shortly, some logistical challenges allowing. After years of little site activity it is very encouraging to see something physically happening in addition to all the technical administrative work.

A good positive endorsement. Is radio silence beginning to end would be nice to see regular news flow

I'm just a minor support act who lives close by. Brentharg is the main man responsible over the years for communications with the board and investor gatherings on the mount or in the Dinorben!

HarryCaul, as I look out now I can see a few walkers on one of the trails as is normal. I went for a wander on Sunday morning and there was nothing new to report really. The headwork gates were locked again and all was quiet. The only thing which was unusual was the southern entrance gate that leads to the wash pits was open. I don't often go to the south side so I'm unsure whether that gate has been open for a while or not. I know the council from time to time visit when doing their rounds. For those who do not know, the mountain is open to the public to walk the trails, with the splendour of the multi coloured geography (many shades and tones of copper, russett, reds and ochres), a real sight to enjoy. There is a car park which recently has had tarmac laid and its not uncommon for 10 to 20 cars to be parked there at weekends. The mine headworks and workshops to the west of the road are closed to the public. The winding wheel is very prominent and in need of some maintenance and it is my hope to see some refurbishment work being undertaken in the very near future. Maybe I'll send Jo an email and offer my services!

Further to previous post. More vehicular movements and caravan has been moved from position by Engine House. May go for a wander over the site tomorrow a.m.

Well what a day, feels like a proper company once again, (won't get carried away). Yesterday an interesting statement from our enthusiastic CEO, followed by today, an RNS confirming and elaborating further on yesterdays announcement. This in turn has resulted in some price action (upward at time of writing), but to cap it all,......................wait for it, we have some physical action as well. For those of you who know your Parys Mountain geography the headworks and workshops are on the western side of the B5111 road behind locked gates. Today those gates have been open and some vehicular comings and goings. Also on the north-eastern side where the former Engine House buildings are, a small clearance area adjacent to the buildings, a caravan has been parked up. For what reason I haven't ascertained yet, but again this is 100 yards or so inside of the locked gates. I shall leave it to those more knowledgeable than I to speculate on this, but the caravan is modern, clean and unmolested so does not appear to have been dumped. Incidentally the Engine House gate is locked again I can confirm. Enjoy the weekend all.

Will do Moneyscarce. I know there are plenty of familiar names on this board who wish nothing but the best for this venture and have been waiting patiently for the slightest sign of activity, who will be overjoyed to see some action even if it is further exploratory works.

As our asset is within a few hundred yards of my domain I shall be keeping my eyes open for the arrival of the rig, and indeed hopefully Jo.
Just hope this doesn't turn into more empty rhetoric and we really see some physical progress as opposed to technical paperwork.
I've been in the shadow of this mountain for fifty years now and would dearly love to see its potential realised (once more, I did not see the original workings I hasten to add), before I shuffle off this mortal coil.