The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Very interesting. The internet is a treasure trove of information. Thankyou for sharing that with those of us with limited time or not the most tech savvy, it is greatly appreciated. Things are steadily moving to a logical conclusion. Sit tight folks our patience will hopefully be rewarded in the future.
It certainly seems as well this is ticking up nicely. I would not like to see this spike up and retrace like it did on the last jump to the 8p or so level. It will only take some more buying pressure to see this move up more.
Was going to post this morning however for some reason i can only access via the desktop. Cant remember password.
I could get a 4.13 sell this morning.
However on the broader point of the purchase of shares by the CEO, I think it inspires confidence. Normally the "sures up confidence argument" mentioned on these message boards countless times over the years over various shares Ive been in or traded.
Quite frankly mostly ive seen it mainly as a self interest aspect in that shares are bought when the share price is depressed.
However in this case and Jo purchases I personally (may be wrong) infer several things from this. The first is the price paid being over the 4p level. If one looks at the history of AYM this has historically languished at much lower levels. The willingness to purchase at this price even in the context of the recent bouncing below the 4p level suggests that the CEO believes the SP will be multiples of that share purchase. It certainly is starting to feel like "this time is different" in terms of progression on the Anglesey Mine.
I think tied into this from what I have seen from interviews and from his "hitting the ground running" so to speak with his appointment, I genuinely believe he is committed to the project seemingly on a personal level. From my own point of view everything im seeing of this ceo is positive and there seems to be a bit of a buzz building around AYM.
I can only infer such things, and I cannot truly know what a person is thinking or their intentions. But over the years im sure we've all been invested in or at least traded in shares were the ceo has been less than capable or there is some concern over their committal to a project or company.
I think if that site visit is organised it would be a great way for us to meet the man and those who have never seen the site, actually take a look. At the very least shareholder engagement is refreshing to see.
I do not wish to be accused of being a ramper and as always I wish for anyone to do their own research. But it certainly feels like an exciting time to be a LTH here.
I would have interest in this also. If I plan to sit here up to 10 years in a project I believe in it would be great to have a site visit.
As in I would like the sp to remain under 4p so I can utilise the full allowance in my ISA in the 2022-2023 tax year.
Long term hold hopefully for a cracking result one day.
I could indeed be wrong. Did a dummy buy and price quoted was same price as the £8k this morning. It could well be indeed someone is accumulating shares daily and getting them in early in the day. Staggered purchases as to not cause a any major tick ups in the SP.
Im just hoping the share price does not go above 4p before start of new tax year. I want to allocate my ISA allowance on more AYM and was hoping for below 4p.
I noticed another one came in this morning. I did a dummy buy being offered 3.84 and a dummy sell being offered 3.73. I would hazard a guess the 3.70 this morning is a sell.
I would like to say buys, mostly as I want them to be buys. Around that time I did a dummy buy and was being offered 3.79
Hopefully this can sustain itself above the 4p region in coming weeks. A little bit of buying pressure is all that is required, hopefully the Aim submission will aid this by bringing in more investors. All it takes is an additional 20-30 private investors to start soaking up some of the shares in issue, which at 248 million can cause some nice movement upwards.
I note also copper seems to be creeping up this year, hopefully it will continue.
I think its slightly more lol its just over 5 million shares total.
I trade the market by instinct. Buy on dips and sell on the highs. The strategy has brought great success in my first stint between 2009-2015. I stopped trading after I took a big hit on an oiler as it knocked the wind out of my sails a little bit. Decided to be happy with my overall wins over a 6 year period and focus on the day job.
Opportunities seemed to arise on the market again in 2019, and then inevitably with covid there was the potential of some good recovery plays.
I have made some good wins in the last 3 years when I shouldn't have purely on timing. Ive been incredibly lucky in that sense, but I dont want to repeat the same mistakes as before and wipe out a significant portion of the wins.
Instead I believe I have found a relatively low risk opportunity in AYM to invest for a long term hold for a win bigger than any of the combined years trading. Approximately 60-65% of the investment is from wins on the market the rest being additional investment. I need a win on GGP in the medium term to mitigate that risk even more and then potentially add to the Aym holding or exit those funds from the market and sit on the aym holding for however long it takes.
I believe that Parys has to be mined at some point, the asset is becoming more valuable. I think the question is when not if. So at these purchase levels it to me at least seems like a no brainer. For me the opportunity cost is whether money is not being made trading over say a 10 year period that could have been made, but is instead sat in AYM with not a lot happening.
However equally any number of potential trades over a 10 year period could equally yield potential losses. According to my calculations a potential of AYM producing in the future and a potential sale of my shares would dwarf my current yearly average trading profits over a 10 year period. Thus again highlighting the immense opportunity potential by being invested in AYM.
In terms of my own share holdings. I do not intend to sell on peaks and buy on dips. I instead plan to release segments of my holding at various points. So say release 500,000 shares after each share price is hit over time. At which point that starts is entirely dependent on the ongoing situation.
In an ideal world I would like to release my share holding over time with an average sale price of at least 50p.
And I guess while people may say that is pie in the sky we have been at 80p before. I honestly believe its a case of sitting and waiting again.
Agreed. I myself own 2.1% of the company based on my shareholding. In light of everything thats going on in the world at the moment. This is a safer share to be invested. My other holding is also GGP albeit significantly less than my AYM holding.
Very fortunate to have sold my Argo Block chain few weeks ago at a profit.
I think for the time being a domestic metal mining company with a long history and a mine & indeed resource with an even longer history is probably one of the safest bets at the moment.
Either way Im not looking to sell my holding until we are producing. All or nothing :)
Im glad that this has kept somewhat stable since April 2021. The concern was having reached highs of 8p level from the 1.8-2p level, this may have fallen back to that level. I personally did not believe that and started my tranche buying from 5.5 all the way down to 3.5p. I would like to see this consistently stay in the 4-5p region over the coming months.
I would not like to call it wrong, but we may soon see that sub 4p purchasing is not a possibility again.
Linear progression, slow but steady linear progression towards an overall goal. Just sit tight folks I strongly believe one day we will be rewarded.
I think although possibly a very simple concept it is sometimes frustrating when the SP languishes and when it feels like progress isnt being made. I understand for those holders sat for decades there has been many "false starts" as eluded to in the Interactive Investor interview. However it seems this time is different. It certainly feels like this time we are progressing and moving forward.
Myself I keep adding on dips, I think I have an overall average around 4.2 or 4.3p. I will accumulate shares when at all possible. At the very least for those looking to double their money, we have seen that this can surpass 10p speculatively. It does not require much buying pressure to see this move north very fast.
Those of you like myself looking to hold shares for the mid to long term 10 years plus, the plan is simply add share up to the marker point. For me I will not be purchasing above 5p, at which point I will simply sit on my holding.
Big issue for me and something I always struggle with is an exit price. In ideal world I will wait for all the stars to align and sell sometime in the distant future 50p plus would be nice.
I have a question for some of those more knowledgeable investors if the Anglesey mine was a producing mine what kind of SP are we looking at?
My long term hold was initially based on looking at historic highs in the 80p region based on the Labrador Mine.
Theoretically if we were at 80p alone based on that, we could be looking at significantly higher if Sweden,Canada & Wales are all producing mines.
Speculatively for a long term hold, this is probably one of the best potentials for a life changing win. Its simply about grabbing your holding and sitting tight.
I purchased this sub 7p twice and sold slightly above 7p on two trades. I have never in 14 years bought back in after a spike at a higher position. I have a gut feeling this will be in double digits soon. I think also chart wise sub 10p is still a very good position to be in.
It would be sensible to see were this lands over the coming days/weeks even speculatively. Worst case is (in my own situation) some hefty averaging down again in the 6-7p region if it comes.
Hopefully something may come to light in the next week or so.
Good luck all.
i think thats exactly what i did, looked at the rns and went back to my day. sit and hold its very simple for me. I will disappear back into the shadows now :). Good day all.
Very interesting. Generally speaking when a new person "takes the helm" so to speak in any company, foundation, political position etc, normally there is an injection of energy and activity from that person. We all however know that this is a very long project following a linear progression. Time is our greatest enemy here not that this project will not come to fruition. I try not to get over excited, but we must not forget Parys is only part of the overall story here. Imagine, just imagine all projects are functioning in the long term? What kind of level the SP would be.
Either way my 3.6 million shares are staying firmly put for many years to come.
I think main thing to take away from the news is mostly enthusiasm and much needed energy and positivity around the share. Things are moving along and being progressed and I firmly believe it will happen one day. It's about holding firm and I honestly believe long term anything below 10p is a steal.
At the very least glad to see my ISA back in blue and just need this to tick up a little further to be in blue in main account.
With such few shares in issue any buying pressure sends this north quickly.
My own holding equates to approximately 1.8% of the overall shares in the company. I won't be touching the sell button for some years.
Very pleased to be back in profit as of today. BTC bounced. I'm very glad all those that held their nerve. Been very testing time.
I meant to say 3 options.
Hello all havent messaged since the last post at a top up around 115p of which along with the previous purchase in the 120s I traded at the 135p level. However began a buy back in Mid 120s all the way down to 106p. I have another tranche planned for 90p if it comes.
I believe this is a long term hold with great risk reward ratio. It was in a fantastic trading range recently, however when this breaks through previous recent trading lows, whether or not you think this is a great long term hold you have two options.
You spot the trend and sell out quick and take a small to medium loss. Alternatively if you have the funds for it, top up and follow it all the way down. And if you have the nerve hold long for some spectacular profit, depending how far down it goes minimum of 2-4x of your investment on recent highs. The other option just sit and wait. If you have an average of lower than 150p you are a at a level at which you may reasonably speculate that you can sit it out and sell out at a profit in the future.
I normally flit between the second and third option. However usually kick myself if I take the third option and eventually sell out with a minor profit. Had I just been brave and followed it all the way down. The added bonus of following that option is if the share in question never reaches previous highs or even the mid term trading range levels, your average will be lower that you may be able to get out with a minor profit at maybe 20-40p lower than your original entry point.
Now the downside as I once found out with XEL when I opted for a sit and hold approach is you may never get the opportunity to sell again. Fortunately I jumped out at a loss that still left me in a profit on that year overall.
In terms of Bitcoin of which ARB is inevitably linked. I have read a few articles over the past few days suggesting we are more likely to see it flurry upwards rather than downwards in the short term. However opinions strongly differ among analysts on whether this will actually occur or not.
I guess the crux of the argument is if you believe in Cryptocurrency and its longevity, or if at least you believe that Bitcoin is still set for significant upside. Lest we forget that on the latter, fundamentals are not necessarily even required. If people believe it has upside they will continue to buy BTC and in turn push the price higher.