Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Do you have any awareness of what is happening in the world of 'Commodities'? Look at the price of commodities in general and Copper and Iron Ore in particular.
Do you understand how the demand for Copper is going and how it has to continue to go upwards given (to mention one thing only) EVs globally which in turn will require the massive upgrading of National Grids in most of the countries of the developed world. Do you know what metal is used in huge quantities in these grids? This initself will push copper to potentially stratopheric heights not seen since the early 2000s and probably beyond even those heady days. Copper resources worldwide are finite and known and will be in huge demand and even mines of significantly shorter lifespans than you mention (in line with the PEA) will be snapped up (by the Chinese in all probability). What is Parys mountain primary interest to investors (Parys only mind not mentioning at this point AYM's Labrador and Swedish assets/options)?
Then there is the Iron Ore assets/options - do you not keep abreast with the current price of Iron Ore? Do you not know that Governments across the Globe with access to funding will instigate huge infrastructure project which is already generating huge demands for Iron Ore which demand will grow massively (thus potentially pushing Iron Ore into hitherto unexplored heights thus making production in Labrador and Sweden and the exercise of options by AYM a near certainty).
This stuff is not rocket science and all the pointers are pointing to AYM benefiting hugely from all of the above which is surprising if you are not aware of this and if you are aware points to your posts (along with others posting here and other BBs with seeming knowledge) doing your best to push the SP down after cashing in before pushing up again. Isn't that your game?
Both Monparys and Brentharg wrote very considered and conservative analyses of the PEA yesterday evening - read them and digest them (again, this is not rocket science).
Do you have any awareness of what is happening in the world of 'Commodities'? Look at the price of commodities in general and Copper and Iron Ore in particular.
Do you understand how the demand for Copper is going and how it has to continue to go upwards given (to mention one thing only) EVs globally which in turn will require the massive upgrading of National Grids in most of the countries of the developed world. Do you know what metal is used in huge quantities in these grids? This initself will push copper to potentially stratopheric heights not seen since the early 2000s and probably beyond even those heady days. Copper resources worldwide are finite and known and will be in huge demand and even mines of significantly shorter lifespans than you mention (in line with the PEA) will be snapped up (by the Chinese in all probability). What is Parys mountain primary interest to investors (Parys only mind not mentioning at this point AYM's Labrador and Swedish assets/options)?
Then there is the Iron Ore assets/options - do you not keep abreast with the current price of Iron Ore? Do you not know that Governments across the Globe with access to funding will instigate huge infrastructure project which is already generating huge demands for Iron Ore which demand will grow massively (thus potentially pushing Iron Ore into hitherto unexplored heights thus making production in Labrador and Sweden and the exercise of options by AYM a near certainty).
This stuff is not rocket science and all the pointers are pointing to AYM benefiting hugely from all of the above which is surprising if you are not aware of this and if you are aware points to your posts (along with others posting here and other BBs with seeming knowledge) doing your best to push the SP down after cashing in before pushing up again. Isn't that your game?
Both Monparys and Brentharg wrote very considered and conservative analyses of the PEA yesterday evening - read them and digest them (again, this is not rocket science).
Thank you, this is a sensible, measured and realistic analysis of the PEA imo. With the inevitable large rise still to come in the prices of Copper and Zinc in particular there is no way this could be regarded as anything other than a very positive PEA. The mega-baggers have been spouting utter nonsense of course but it's difficult to see how the SP won't rise into the low/mid teens over the next few months once investors (who will be well aware of the price of Copper and Zinc are headed) start coming aboard.
Of course you want to push the SP down to re-buy having taken a slice off the top which some are doing (not you I think) after posting a lot of negativity and 'knowledgeable' sounding guff all over the many BBs that there are.
@Suzki - so is 7p your trigger point to start buying again? Can't blame you in trying to drive the SP down I suppose but saying "that the PEA didn't deliver" is a nonsense because it does. Yes, it is couched in sensible/cautionary terms as any responsible BOD would sanction. The 'multi-multi-baggers' will be disappointed in the moderate language used no doubt but that you think this PEA is negative is remarkable.
Here's Hooley's opening statement again: “This Preliminary Economic Assessment demonstrates that a major mining operation can be established at Parys Mountain, with robust economics at a reasonable capital cost, and can produce copper, zinc, lead and gold concentrates at competitive operating costs able to withstand the cycles that occur within our industry, over a meaningful mine life of 10 to 12 years.”
This 'faux' guardian of the sheep act is just that imo, an act. Having followed certain prolific posters for some time it's clear that there is a cadre of posters here (and on other BBs) who like to talk this share down at key points.
As I explained in another post earlier today, having worked in financial and business risk assessment roles in the City for many years, your posts don't sit well with someone looking to make some decent money out of this investment unless you are selling at a profit and then attacking the share price and then, once it's dropped, buying in again. A common practice I grant you but nevertheless nauseating. For the record, I bought in a large quantity some time ago at well under 2p a share so am sitting pretty.
Is this the only BB you are posting your negativity on Suzki?
@Seaangler - "“SP goes down with his negativity”? Of course it does. He is the god of all predictions. All AYM investors read this twaddle and follow him like sheep." Does he only post here then? What do you think?
So you think that SW has the welfare of those who are watching AYM here in his heart when he posts his conveniently timed negative posts do you? You see him as the 'Good Samaritan' who is watching out for those who risk falling under the spell of the evil rampers irrespective of the fact that what he is doing is, in this scenario, working against his own financial interests?
It's not possible that he is doing exactly what some suspect him of doing - that's not an option in your world?
I have to say that after watching Southwesterner's posts for some time this description of him is looking apposite "Rinse and repeat southwesterner".
What are your actual mining qualifications SW? I see from old posts that you claim to be a "mining manager" - whatever that means. What level of seniority have you achieved in any mining company of note? Have you ever been at board level of a listed mining company?
Once the SP reaches a certain level you're like clockwork in your appearance in pouring on the negatives. Now that you've knocked the SP again, have you been by any chance buying at below 9p?
I doubt you'll provide the answers I'm asking for and in case you think I bought high, I didn't. I bought in ages ago at less than 2p a share and can (and will) be sitting on these for some time as there is much more value to be realised. Don't get me wrong, much as I'd like it to be the case, I never bought into the x50 bagger claims (and the like) but you're timing of what I suspect is 'pseudo-knowledgeabe' analysis is highly suspect imo (you obviously have enough knowledge to sound credible even if it's all bluff).
Some of the serious boys will now be analysing this PEA and over the next few weeks and months we will see whether you are a 'ramper/deramper' as some are alleging and as I also wonder about you. If I'm wrong about you I'll happily apolgise. I used to work in the city with finance/business risk assessment pros and they had a saying 'if it doesn't feel right it's because it probably isn't right' and you just don't feel right to me.
This 'good samaritan' act doesn't wash - why would you not want to see the SP rise if you have a reasonable investment? Even if you really believe what you write you'd keep shtum since we are in this to make money and it would be against your interest to write so negatively unless you had an ulterior motive for doing so - like pushing the SP down again after cashing in.
Why would a 'buy' that happened yesterday (18th) at 09:33ish for some 2.4m+ shares at 2.81 (almost £70k) only suddenly now show up after 16:30 this evening? That's a very big buy. Why didn't this show yesterday? Is there a simple explanation and isn't it the kind of transaction that would move a market if it had been announced when trading was open?
I'm probably showing my ignorance and can guess that for such a transaction there may need to be some extra checks and clearances but if anyone does know the answer I'd be grateful to hear it. Thanks in anticipation.
Just to give you an idea: at 08:39 there was a buy at 1.974 of 481000 shares - it does not appear on this site at all. There are many other large buys today that do not appear on this site. LSE are pricing this at 1.75 but other sites have it at 1.8 which is significant if you have a large holding.
There are not more sells than buys. If you check out other sites you'll see that it was the other way around but this site is hopelessly inaccurate with buys being classed as sells and vice versa. It's been like this for some time on this site.
Why would anyone upgrade to the Premium Service when this Regular (free) Service is so hopelessly inaccurate? The Regular Service is normally the 'sampler' to what a better Premium Service offers so that if the Regular Service is decent the Premium Service ought to be good. However, the Regular Service has been abysmal for many weeks. Perhaps Covid has ripped through LSE's office though I'd have thought they were all working from home. Somebody needs to get a grip at LSE.
Loads of transactions (many small volume) here at around the 1.7 mark listed as 'sell' but they are not 'sells' at all they are 'buys' - nobody will buy at anywhere near 1.7 at the moment.
This site is a joke.
I posted this in the wrong place so apologies if you have already seen it:
Maybe I'm being naive but looking at the charts on another site there is one large buy transaction of 8.06 million at 1.84 at 11:15 which doesn't even appear here - what's that about?
Also some of the 'sell' transactions here are shown as 'buys' elsewhere and their price is more commensurate with a 'buy'.
I've observed a lot of inaccuracies over the months on this site. Had thought to subscribe at one point but unlikely now.
Maybe I'm being naive but looking at the charts on another site there is one large buy transaction of 8.06 million at 1.84 at 11:15 which doesn't even appear here - what's that about?
Also some of the 'sell' transactions here are shown as 'buys' elsewhere and the price is more commensurate with a 'buy'.
This is a very poor and inaccurate site overall. Had thought to subscribe at one point but unlikely now.
Funnily enough I have concluded the exact opposite. Looking at the charts on another site what is showing as 'sell' here look to be 'buys'.
There is one large buy transaction of 8.06 million at 1.84 at 11:15 which doesn't even appear here - what's that about?