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Ok I didnt read the RNS properly, it was highlighted that further dilution and placing would be needed by year end..

This along with the permitting was one of the big risk factors keeping bigger buyers from investing in AYM.

I cannot recall the article exactly but shortly after the last placing there was an article that stated despite all the potential here it was clear more money would need to be raised before end of calendar year.

Its clear they were correct and seemingly another raise may required again before end of 2024.

Some sort of non dilutive fund raising would significantly desrisk this. I personally see successful permitting as the gateway to such funding.

One would assume with no potential obstacles to permitting then a clear path to production can be seen by investors.

Equally once these two obstacles are overcome this should start to rise and maintain a much higher and settled trading range, with each concrete step to production pushing this higher into new trading ranges.

From memory the chart over say a 5 year period would then resemble a stair step pattern adding value at each milestone achieved.

Bear in mind on this board I am leaning towards the positive end of the spectrum since 2021. But its hard not to get annoyed.

The positive on this is they are able to raise funds, not an easy task in current markets.

However not happy this has been dragged back to 1p after thinking this was heading at least back to 2p.

Long term things are being progressed. Short term this is beyond frustrating.

In light of trying to avoid a second strike out with wrong information I will add the caveat that this was an opinion formed on another message board however it may elude to the reason why the share price has only been marginally ticking up despite sustained buying pressure is that a seller has also been offloading shares in the background.

It would seem according to the other message board this may indeed be correct by looking at the RNS

Apologies I was indeed mistaken

Thought I would throw it out there. I may be mistaken but we should get a scoping study opinion from the planning service by end of next week.

Unless im mistaken an opinion should be within 42 days. I think that puts it at Friday 27th of Sep as when an opinion should be released. I believe it can overrun only if agreed in writing.

I saw on another message board there is a theory someone may be stake building. It is feasible as you would need to drip feed purchases to acquire enough shares for a substantial holding. It would take weeks to months if say someone was trying to aquire 10-12 million shares

Very interested to see how this plays out this week. Could we tick up to the 1.65 region by weeks end?

Certainly possible. I recall when I was acquiring/building my holding back in the 4-5p region It became incredibly difficult to buy more than £5000 worth of shares during that time period. It was my belief back then that any sustained buying pressure would make it difficult to grab shares.

My entry was off the back of the climb and fall back from the 8p region. I wrongly believed the share would bounce off the mid 4's and settle in a 5-6p region.

Despite being wrong on the price prediction the fundamental in regards to share supply remains despite the various dilutions. This share is highly illiquid. Any sudden buying pressure beyond the normal sends this north quickly.

During the time this jumped from the high 1's all the way up to almost 9p the daily trading volume was between (approx) 2 million to 16 million shares traded.

Daily volume trading has been horrendous since around 2023, however in the last few weeks to a month daily trading volumes have been hitting 1-4 million shares traded.

Im surprised the share isnt ticking up higher although others have suggested there is also potentially a larger seller in the background drip feeding shares. IF this is accurate and this ceases the sp should rise.

Equally if we carry on current pace the share should slowly climb to the high 1's.

If any sudden and unexpected buying happens this could very quickly jump several pennies up.

I wonder if a succesful scoping opinion happens to come out soon whether such a fast rise will occur however an inevitable retrace should also surely occur but may bring us into a higher trading range of say 3-4p much like occurred in late 2020/early 2021.

Lots of IFs and buts but its looking the most positive for 2 years now.

This should continue to slowly tick up if it carries on

I don’t agree with alot of your comments but occasionally some of your posts give me a genuine laugh.

Brightened up my day on that one was funny.

(Not genuinely agreeing with what you have said but as a bit of banter )

There has not been such sustained activity for two years or so. This is really what we needed earlier in the year. Better late than never!

Musnt forget low shares in issue and any sustained buying activity can send this north quickly.

Something I was discussing with a friend earlier regarding the possible Capital Gains Tax increase post October. It was discussed one effect would be people selling and locking in profits on shares that have risen and also investors not risking their money in the first place on the market.

Although I did not mention it in conversation I had a think about it later in the afternoon and thought there may also be a switch to long term holds which statistically should at least see your investment grow positively over a 5-10 year period.

I was thinking (although im biased) If I was to invest on the market I would be looking at undervalued stock which has the potential in the long run to give me 3x or 4 x my money back. This would be on my presumption of selling an investment post labour Govt on say either a 4 or 8 year term in power and hopefully seeing Capital Gains taxes lowered again.

Beyond what we are all hoping for in the very long term ie a producing mine, AYM for the purposes outlined above could see a whole new swathe of retail investors putting money in post October in tandem with the media drive and potential good news this could bode well for us all.

There is nothing to say that in 2025 we are back bouncing around the 4-5p figure like a few years back when it seemed to hold a range despite us now being further along the process (excluding external market issues and dilutions)

We should get an idea approximately within 42 days from submission, should get an idea of things mid to late september hopefully.

A massive PR drive by the new CEO. Hats off on that front. There is definitely a vibe building here that this is going to happen.

I sincerely pray that our patience will be rewarded. For many of us any sell in the future could yield life changing money.

Good luck all

We Musnt forget (albeit in different circumstances) AYM share price was 90p once upon a time with purely activity from the Labrador side.

Granted we only hold (I believe) 12% of the company now, any activity cannot be discounted to help this tick up.

At the 1p region even if Labrador factors soley helped this tick up another 1p-1.5p I would take that as a victory.

I would also add even if its a labrador tie in regarding supply, access or links to potential project funding is significant.

That was the bit i took from Hawaii reading between the lines approach. I personally believe our best asset with all factors considered is the welsh asset. I know many others believe Grangesberg as the potential big pay day, however I believe pragmatically the Angelsey Mine is the one that adds value in the sp sooner.

Its also good to see some constructive and more positive chat on the board. Been some good input from everyone lately its been great to see :)

Excellent find thankyou

Anglesey Mining has a long-term partnership with QME, an Irish technical services company, to assist in the development of the project and the contractors have an option to earn-in 30% of the project in return for self-funding the underground development.

"QME is part of the DNA of the underground project already, and would likely tender for the development of the project when that time comes," Battershill says.

"The QME earn-in option means that a significant amount of the pre-production capex is potentially underwritten already. That would obviously mean some dilution, but it would ensure the project is developed by a very credible and experienced mining team.

"From an investor perspective, this should bring some confidence that Anglesey Mining will be in a position to close the large gap between our market capitalisation of £9m and the NPV of Parys Mountain implied by the PEA … even if we did end up with 70% of it."

From what I can see from that article and small knowledge I hold a full EIA may not be required under the historic permits. I would have thought it would be required having recalled Jo discuss wishing to bring permits into the modern context rather than ones granted in the 1980s. That being said having re read the article the process may be quicker than we think.

Lets hope the latter half of this year brings more optimism leading into 2025.

Once again ignoring the share price completely if we look at the company progress they are (slowly) building steps to walk up a full flight of stairs. Each step is being laid as time goes on. And we must remember each step has to be laid to have a stable and functional staircase for us to reach the top.

Good night all