Member Info for Suzki

Despite the crystal ball gazing, hype and optimism it seams clear the PEA didn't deliver and was not the panacea the market was expecting. The initial euphoria of the first hour of trading soon slipped away and with it the SP. Once again AYM are in a state of equilibrium. For anyone thinking of buying in wait a few days as I see this SP dropping to around the 7p mark or perhaps even a shade lower over the course of this week.

RNS/PEA appears inconclusive and the figures may or may not stack up in the final analysis therefore not attracting the funding required for pre-production costs. If I'm correct a couple of years back the life expectancy of Parys was in the region of 8yrs,an increase of 50% given that the pay back time is predicted to be 5-6yrs may prove a sticking point with investors. I don't doubt the tonnages - daily throughput of the analyses in the various scenarios or the fact that at some later stage if production happens there will be further exploratory drilling.

The euphoria of the announcement appears short lived as the figures are now being digested and perhaps seen as less optimistic than first glance also I assume a lot of profit taking going on. We are still a number of years away from production and in these rapidly changing times a note of caution would be wise. In my opinion for what it's worth Grangesberg- LIM are side shows at the moment their influence on the SP long term being marginal. As always share holding is a risk. As a LTH I'm prepared to wait, my holding is not massive but not inconsiderable and would even at todays prices give a very handsome return, I'm not desperate to cash in and can afford to hold in the hope that our somewhat geriatric BOD manage to pull this off.

Price monitoring, another one, what's occurring?

It' a fully airconditioned model.

I'd like one, the misses says the tandem isn't comfy this time of year. I'll continue to hold on to my shares till the SP covers the cost of insurance and petrol as well as the buying of said automobile.

There has been much guesswork ,educated guesswork, speculation and crystal ball gazing over the past week ,but has it's been pointed out if the daily tonnage is not sufficient to produce a profit then Parys is never going to happen. We are then share holders of a Heritage Park . That having been said surely there is sufficient collateral within Parys to secure finance against, in order to get the project underway or have I already answered my own question (daily tonnage)

It appears we've acquired another over excited offensive idiot on this BB.

Possible 20p at year end if PEA arrives before Christmas, should see that price at announcement of PEA. With reduced trading over the holiday period that should then hold till New Year.

yes still here, have largely kept away whilst a certain idiot was constantly posting what was for the main part out of date info. Hopefully he's now moved on to harass others on another BB with his wisdom? Perhaps we can return to sensible discussion once again and the gentle humor of the regular contributors. I like all of us long term holders have been frustrated by lack of developments over the years and the appearance that little if anything was going on, it now seems that the worst is behind us and the future with a favorable PEA, a fair wind plus everything crossed will bring about the returns we've all been waiting for.
Thanks for your concerns

everything is pointing to a rosy future for AYM and the only possible spanner in the works could come from the Environmentalists over the de-watering of the old mine workings. These people can be quite vociferous if there is a threat to the lesser spotted wots its name or ring tailed blind newt. As you appear to be the man to go to for such answers what are your thoughts? Could this consist of holding ponds or some sort of filtration as it's clear in todays environment just pumping it into adjacent water courses is not an option. Also I suspect there would be trace elements of the various metals in the water, could they be removed? and would it be worth doing.

having been pushed to an artificial high by the rampers we now have the inevitable leveling off. Feel sorry for those who bought in at the 8p mark as it's going to be a while before you see a profit. If price drops to 2p ish I'll top up again. Favorable PEA which is expect at some point though the exact date seems very fluid will once again cause a spike which may or may not be sustained, but that's investing in AYM for you, expect the unexpected.

China gets the bulk of it's iron ore from Australia.

Who buy's 25-30 shares? or less than a hundred for that matter,I don't get it am I missing something.

Naffing price monitoring is that all we get?

Boom turn down the excitement most of the info you come across is years out of date.As for Grangesberg that paperwork has been in place with the Swedish authorities for almost as long as paperwork with Anglesey Council for Parys and that goes back a couple of decades at least.

What's with all the small buys this week? even with the cheapest of brokers the dealing costs must surely be more than the transaction itself.

By the time AYM get a shovel in the ground the expected boom will be over.

For those that are interested check out Strategic Minerals,cheap as chips at the moment.

At last a common sense approach and view of the situation. I don't post to knock others or their opinions but to gain from those opinions but sadly over the past couple of weeks this BB has been taken over by idiots and the usual posters (sages & wise owls) who have been here years have been derided. I to have averaged down with a further topup last week before SP went North but still need 3.75p to break even so I'm in it for the long game. As investors we seldom buy in at the bottom and sell at the top, in 2010 I thought we'd reached the top.

Yes I have been here 12yrs but should have said with a break having sold out in 2010 at 41p ish so missed the 88p spike of 2011 had I sold at 88p I would not be here today.