focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Looks like investors are starting to understand AYM potential. Skimming profits from other investments, for small buys here.
I still think we are just under the herds radar though.
Thanks Aberdeenman, You sound like you are experienced in asset valuations, we have an idea for the LIM value. Can you calculate one conservatively for Parys ?
100% AYM
Still cheap, lots more to come
Blue Christmas, Elvis
How many shares in total to buy back, if all shorts close?
I am in some other shares where shorts are closing, in a slow and controlled fashion, so the SP doesn't rise too much. You have to wonder how much time the shorts have here though with updates due & POO rising.
Shorts might get squeezed, then held upside down by their ankles and shaken, until their pockets are truly empty!
The share is rising on talk of AYM 12% share of Labrador IM being in production, PEA to come.
We are also due a PEA for Parys Mountain, 100% AYM owned. Along with the huge impact on SP (keep a tight grip - assorts of MM games to flush them out) and AYM MCAP, it truly will be great for the local community when production re-commences.
https://youtu.be/OBmrKKNmK64
Been unable to trade as a buy for over an 1hr now
Zacs target SP is without news, Lim sale news due and with Parys PEA news due imminently (AYM 100% owners). Either of these will multiply SP dramatically.
Early morning profit taking, great time for £1K or £2K top ups if you can spare the funds.
Lots of upside still to come after that with either imminent PEA or with more news no LIM sale
https://www.share-talk.com/share-talk-bulletin-board-heroes-monday-30th-november-2020/#gs.m8h4oj
Check out the charts!
Working well in AYM favour, Iron ore and copper price rises are just getting started really - as shown by the demand! They still have a lot of upside!
Unlike like gold, where everyone rushed to at the start of the pandemic, gold is now looking a bit overdone.
They don't need much money either, the mines exist with all the infrastructure in place already. The resources are already proven and in place, easy to bring into production.
Still time for more top ups, AYM are still a strong buy, still loads of upside to come!
https://www.share-talk.com/share-talk-bulletin-board-heroes-monday-30th-november-2020/#gs.m8h4oj
We made Share talks favourites again,AYM keeps hitting Zacs SP predictions within a couple of days
Well done holding Brent, I recommend you keep a tight grip on them!
Long way up to come yet, news, sales, PEAs and the herd haven't even arrived yet!
Just a question of which piece of news will land first, re-rating up without any news at the moment, lots more upside once any snippet of news lands
Difficult to flush out sells when the fundamentals are so strong, leaves the SP with only one direction to travel.
Only going one way as more investors join
For any newbies looking in....
We are waiting on the preliminary Economic Assessment report to land firstly for Pary Mountain which is anticipated to confirm anywhere between a 200% - 500% increase in our mineral assets book value given recent studies undertaken which if proven up anywhere near that figure would see a major bull run on the SP here.
Secondly) our major assets in both copper and Iron ore have rocketed in value recently given the present global demand.
Thirdly and possibly most exciting of all)
Our stake in Labrador Iron Mines (LIM) was responsible for the historic MEGA BAGGER that some experienced here when LIM last went into production.
What has got me, and others so excited is that a PEA is being worked on at present to set the case to go back onto production across 4 open pits producing £2m tonnes pa.
https://www.proactiveinvestors.co.uk/companies/amp/news/213156/anglesey-mining-sees-green-shoots-across-portfolio-as-lim-reawakens-213156.html
Under the terms of the deal between QME and Anglesey, QME will carry out a detailed review of Parys Mountain with a view to developing the optimum mining plan. In return for undertaking this work, QME will then receive rights over development contracts as well as a 30% direct interest in the mine once it has reached the point of first production.
So, Anglesey is handing NO cash over to QME at any stage, and will not be diluted at the company level either.
https://www-proactiveinvestors-co-uk.cdn.ampproject.org/v/s/www.proactiveinvestors.co.uk/companies/amp/news/932912?amp_js_v=a6&_gsa=1&usqp=mq331AQFKAGwASA%3D#aoh=16055470795052&referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s&share=https%3A%2F%2Fwww.proactiveinvestors.co.uk%2Fcompanies%2Fnews%2F932912%2Fanglesey-mining-encouraged-by-commodity-prices-actively-reviewing-new-opportunities-932912.html
Finally)
The company is actively reviewing further mineral aquisition targrts and we may also hear some news on Sweden given global demand right now.
https://www.proactiveinvestors.co.uk/companies/amp/news/932791
Overall, AYM is massively undervalue in comparison to sector peers, game changing news is due in the near term on at least two projects.
ALBA/BZT/UFO/BZT have all seen rises on simillar news of 500%+ minimum.
I would be hoping to see similar here with potentially more if an upfront payment is agreed for the iron ore off take like we agreed previously
https://excellioncapital.com/excellion-capital-acts-labrador-iron-mines-35-million-prepay-financing-offtake-agreement/
Note, that off take agreement was for minimum 3.5 million tonnes over two years and we will be looking to deliver 4million tonnes over the same timeframe with Iron Ore now $120/t vs $55/t when the old off take agreement was struck.
AYM is well overdue a significant re rate.
2 pieces of news expected very soon, but that doesn't really matter, the share is still under the radar and way below value without the news. So it is just re-rating by itself, Zac Mirs Bull prediction looking good
Whatever the reason, there is no smoke without fire, Hurricane should do well this week
Good luck with that plan, people notice day on day rises. Sell almost upto 3p already, need to get top ups in quick