Member Info for TeslaTrooper

That being said at what point does AYM become an attractive buy for a bigger player. Not how I would like things to go, but if you think about it, if the value of copper continues to rise - a predicted supercycle coming which is meant to make the oil boom look like childsplay then the asset itself makes AYM a potential takeover target.

If aym dont make meaningful steps to production and/or the share price continues to languish does a bigger player basically swoop in and take the company and push for production instead?

We all know that it takes a long time to bring a mine into production and seemingly permitting is one of the biggest barriers. We have a class asset (with appreciating copper prices) existing permitting in place and other potential avenues with grangesberg and to a minor extent labrador.

If you think about it at the current sp there is a vulnerability. I mean even a fairly wealthy private investor could take a chunk ownership of this company £500k investment at current prices would get you 33 million shares or around 8% ownership of the company.

Something for us all to think about.

Few quotes I liked in this

"Anglesey have made a prescient appointment"

"to fast track the drilling programme and bring the Parys Mountain onstream"

"bafflingly the share price remains rooted at 1.4p"

I dont believe this share will stay this low forever. And I strongly feel in my gut in a few years time I will be kicking myself for not having the funds to buy more at these levels.

My main holding has an average of 3.7p

ISA has an average of 3p

This reached 8p on little substance in the last 5 years. With something more concrete long term this should hold at a 10-12p region.

For me this is almost triple my buy in average and for new entrants now 10x a buy in entry.

Question I feel is how long the wait.

Agreed the 334,993 share buy on friday was me with part of my ISA allowance.

Unfortunately I dont have enough spare money currently to use up the other £15k.

I dont want to call it and get egg on my face but usually when a new CEO gets appointed there is usually a flurry of activity in the first 6-12 months as they usually like to hit the ground running.

I expect this (hopefully) to stabilise again in the 2-3p range in the next 3-4 months.

Happy to be wrong and more happy to be right.

It also highlights to me anyway an intention to see this through. Could it very well be we are nearing the end of decades of false starts?

This does look like a very good appointment indeed. If someone was to get the parys mine up and running in the future, you would appoint someone like him.

Good news.

Good video. One thing I noted in relation to AYM is we are part way or on the way to some of the early stages and indeed seemingly simultaneously working on the permitting.

I think most share my sentiments that no value is being factored into the SP even when it appears that we are progressing.

I think also what is clear is that we have a very long road ahead, but a brilliant asset in the Parys Mountain mine.

I just wish that we would see the sp increase and hold its gains. Granted no one is expecting the sp to go up in a linear fashion, but we are a fraction of what we were in 2021 despite being further along that long road.

You know its bad when spam bots are on the message boards.

I think as many have said the rather vague timelines have caused many to switch off here. Sp has again drifted downwards just as many felt we may at least stay above 2p this year.

Either way we hold shares in something potentially significant. Just deeply frustrating situation.

I do not feel the course of action by the AYM team is necessarily wrong or off course in any way. Just feels things are moving at a snails pace and unfortunately I think the inactivity historically is a huge barrier to investors buying in here to push up the SP.

A more concrete timeframe however may perhaps alter this.

I was told theres no inheritance tax on aim shares. I was recently thinking the same thoughts. We hold and wait.

On a serious note, I believe it was a Goldman Sachs person who said we should head into a super cycle on copper in 2025. My concern is we miss the boat should this occur. However one would also assume the share price should increase based on the value of what is under ground. So at the very least our portfolios may at least sit in the blue.

I have noticed that aside from the bigger purchases seemingly from the same person(s) the overall trading volume has ticked up a notch the last 1 month or so. As we all know some of the daily volumes in 2023 were horrendous. Now not that the current daily volumes are brilliant but in a very illiquid share even a minor and sustained increase in daily volumes if buying is consistently more than the selling this should gradually keep ticking up.

I noticed last week aym was the only blue miner among a sea of red on my watchlist. Its nice at least to have some optimism which I havent felt since 2021.

Sorry testing as my posts dont appear to be showing

Did anyone else notice in the interview a not so subtle "watch this space" comment regarding grangesberg? Specifically what caught my attention was the mention of a farm in partner. Could the remaining 50% approx go to a bigger firm who help and potentially finance a grangesberg project to production in return for the 50%?

Certainly for me Parys Mountain has always been my focus. However as per my previous comments that possibility would change the game completely and suddenly the Grangesberg asset may become the jewel in the crown.

It seems at the very least there has been discussions going on in the background

And get us back to the start of 2023. Certainly a positive start to the year! Interview was good also and some concerns addressed and acknowledged.

I thought I may add whilst still on the computer incase it is mentioned regarding a concern of the companies actions. Many In the frustrated camp may feel that the share dilutions were unnecessary and caused an inevitable decline in the share price. While I also share that frustration we must not forget the ability to raise funds in the current environment and do so successfully has to also be viewed from a positive lens.

Had they not been able to do so and progression stalled I think we would all be equally if not more frustrated.

There is certainly something going on in the background. Around 4 million shares purchased today in larger quantity. This is around the 3rd occasion in recent weeks this has occurred. All it really needs is for there to be a belief that this company is going places and I feel bigger investors will fill their boots, especially at these low prices.

It has been an incredibly frustrating time for buyers that have been sat decades, and I think they deserve a pay off.

Aym came to my attention at random in 2021 on the retrace from the 8p level. When I had a look into the company I became a believer in this company and were I feel it will reach in the future. My buys began at around 5.5p and I went quite heavy in the 3.5-4.4p region thinking we were reaching the bottom. It held its position in that range between 2021-2022. Now sat on a 3.8p average ultimately waiting to start selling my shares in the long term ideally for at least 25p average.

Although this has been diluted recently there is still a relatively low amount of shares in circulation if any meaningful buying was to occur this would rise quickly.

I think the volume of daily trading in 2023 as we have all seen has been poor. And I think even those with the most positive outlooks on here can admit this year hasnt been great for the share price.

However if like me you believe we are heading towards production at the Anglesey mine (my point of focus is here rather than Grangesberg), a solid foundation has to be built first.

From my perspective (ignoring the share price) there has been no actions by the company that have concerned me during 2023. I have been pleased with those foundations being built. I believe care and caution is being taken by the company and I hope that 2024 will yield a better share price because of it.

I have traded and invested in some dogs in my time (fortunately only ever nursed two losses in 14 years) and during that time you learn to see which companies are gung ho and make mistakes and over promise and underdeliver.

As a conclusion on the topic and regarding care and caution. This stuck out from the recent RNS. Those that may have been in oil shares in the mid 2000s will know how equipment malfunctions and breakages can be costly. I was impressed to see that the AYM team were logical calm and considerate in their approach

“We were originally planning on completing the downhole Muon survey on NCZ001; however, a zone of broken ground at a depth of 390 metres – interpreted to be large fault – would present a risk to the survey tool and increases the chance of losing the tool down the hole. Subsequently, we will aim to conduct the Muon survey upon completion of the next hole.”

As I do not post on here frequently I wish all those genuine long term holders and those oddballs and wierdos like myself that believe in this company a happy holidays. And look forward to a better 2024 here.

Correction 3.8p average. I threw some more money at it at some point :)

For the first time in a very long time have begun to feel a bit of energy returning to this share. Its a shame we have got to these low levels. Question is now is it worth buying more while we are sub 2p. Could certainly use averaging down from my 4p. My have to raid the piggy bank!

Not posted for a while as it has been pretty depressing as of late. However very positive to see it at least moving in the right direction. Be intriguing to see if anything good comes of it. If not check back in another year :)

Although many would suggest you are a joke account to wind people up, I was wondering if you were not and you are genuine what your strategy is. I had a brief look at your post history and unless im mistaken you sold your AYM holding for a loss in July. I then wondered (again if genuine) why you still frequent the message board. Again I may be mistaken but it seems your goal is to purchase at 0.5 or lower.

While nothing can ever be ruled out this seems highly unlikely. The lowest point in the last 5 years was 1p and from what I can see the lowest point in the last 10 years was in the run up to 2016 when it may have dipped slightly lower or equal to 1p ( difficult to map exactly on the HL 10 year chart).

One would assume with copper prices as they are currently and the progress going on albeit slowly that a fall back to 0.5 is near impossible. The only thing I can see that would take it down would be either severe dilution or some sort of disaster befalling the company.

That being said fair value according to WH ireland is 11p or so and this company has some world class assets in hand (whether or not they are indeed utilised.)

However again assuming you are not a joke account and you do buy in the kind of volumes you say you do, if you do indeed ever get a buy at 0.5 and trade it making a hefty profit and I am indeed incorrect, then hats off to you man and well played and enjoy the spoils.

Would also like to add while I have the will to post something. I know there are a few joke accounts on here but some of the messages between posters has been ridiculous. Granted even Teletubby youtube videos somehow descend into arguments but some of the stuff being said on here is bordering sinister even if just behind a screen.

I would hope others like myself who are genuinely interested and looking to check in for others insight and information are also a little bit exacerbated by the way the board has descended into a lower level.

I think the worst part is normally a board descends when a share gets wider interest and more randoms join the message board simply to provoke others ramp or deramp. Or simply "what price should i sell" types.

It may be falling on deaf ears but toning down some of the stuff would be appreciated.

Just looked at last time I posted which was March. Haven't really bothered as there hasn't really been anything worth saying. Originally wanted to say a thankyou for sharing the advfn heads up. Ive always leaned on the side of positivity here. However its fair to say the performance of the share price has been poor. My average is around the 4p level so sitting on a hefty loss currently and with no will to average down currently.

I still believe this is a waiting game and I do believe things are being progressed to eventual production at the Anglesey Site. Still believe the potential returns are astronomical. However still nothing concrete or tangible to show. If indeed we are due a bull run on copper in 2025 will Aym even be in a position to capitalise on that?

I had hoped to hold my entire holding long term until production either comes or doesent. However I believe its sensible to hedge my bets and free up my ISA on an inevitable spike at some point in the future as if like prior pushes towards 8-10p on little substance it will fall back. De risk my main holding to offset any potential loss in a worst case scenario. That being said I dont believe there is any risk to the company and seems achieving funding isnt an issue, albeit leading to dilution as we have all seen recently.

For some of us long term holders with faith the wait isnt necessarily a problem and it fits with my current investing strategy. If this was 6-8 years ago when I was looking for shorter to medium gains this would not be a share worth putting money into. Better gains can be got elsewere. Someone like me who entered in Feb 2021 originally and added along the way, could that money have achieved better returns elsewere? Probably yes.

It may seem contradicting myself however looking at both sides of the argument.

I believe the ultimate decision here is are you willing to invest the money for a very long term in the hope for a great payout, with no guarantee of getting that payout.

For someone like me the answer is yes and I do have the faith. For others the answer is no and either they dont invest or they sell up as soon as they hit break even if already invested.

Good luck all.