Re: NEW Broker Any news is probably good news. I am holding till either death (AYM or me) or till mining comes back with demand ahead of supply. This is my one disaster in my portfolio, and I bought more on behalf of the grandchildren!Not worth selling at this price.
NEW Broker At last, a New Broker. They cannot be any worse than that Amber lot we had.Onwards and upwards mes amis.Have a great Thanksgiving if there are any other USA resident readers of this.Otherwise I will check back in December to send greetings to all, and see that the Company has suddenly prospered. I can dream can't I?
tomorrow evening Bristol Anglesey PresentingSomebody posted this on another site - I cannot attend but if anybody does go would be good to hear what they sayIs Now the Time to Revisit Natural Resources?This is your last chance to register to attend our Investor Evening in Bristol this Thursday evening (15th October 2015). Book your FREE place now, by clicking here.The event will focus on the natural resources sector, which has lost significant value over the past two years as global commodity prices have declined. The evening will comprise an introduction by Beaufort's specialist mining analyst - Sheldon Modeland, presentations and Q&A sessions with FOUR natural resources companies, followed by drinks, canapés and a chance to share investment ideas with other delegates.The forum will give private investors the opportunity to hear directly from the senior management of these listed companies, providing an insight into the issues currently facing the industry. We aim to unearth some potentially exciting investment opportunities at the junior end of the market. After such a period of decline, is now the time to revisit this sector?Companies presenting on the night:Eurasia Mining (EUA.L)Ormonde Mining (ORM.L)Scotgold Resources (SGZ.L)Anglesey Mining (AYM.L)Register for your free tickets to attend this event now by visitingwww.beaufortsecurities.com/bristoleventor by calling our Bristol office on 0117 910 5500.
AGM Why do they/we bother????
Little hope as report indicates Zn being offloaded [link]
Glencore mine: another stimulus to mine or sell? [link]
Shockingly Bad Annual Report and a thumping great 43% hit on the SP. At least the directors saved shareholders the insult of drawing a salary for doing nothing. The auditors expressed uncertainty about the ability of AYM to operate as 'a going concern'. Basically if no funds are raised soon its all over folks.Maybe a fire sale of Parys is the best hope now and then clear off.
Re: MMG happy with Zn market Tatty, how right you are..... Good luck all.
Re: MMG happy with Zn market I'll be very surprised if AYM ever start mining for zinc. I think the very name is a gross misrepresentation of the business. Maybe 'Anglesey (have no intention of ever) Mining' would be better.I've written this off as a dead loss.
MMG happy with Zn market MMG are developing their $1.4Bn zinc mine at Dugald River Queensland in 2016. Clearly they have confidence looking forward with the zinc market.[link]
Re: Anybody Out There? Well it is July and all seems quiet. I keep looking for some drama, but not holding my breath.
Re: Anybody Out There? not looked here for a while, but it looks more favourable now LIM have gone,we just need Ore price to pick some what.
Re: Anybody Out There? Presumably the June 30th deadline will prompt news of some sort:'Anglesey will acquire all of the shares of Eurang Limited by the issue of new shares of Anglesey to the value of $1.75 million, to be priced at the average of the Anglesey share price at the date of option (3.375p) and the 20 day average share price prior to date of exercise, (but at no lower than 3.375p), and thereby acquire direct ownership and control of the 51% shareholding in GIAB, and thus increase Angleseys direct interest in GIAB to 57%'.
Re: Anybody Out There? I look in occasionally. I see LIM has delisted and sold the Howse asset to Tata. I would have thought this would have at least prompted an RNS from AYM but maybe the directors are too busy getting their golf handicap down.[link]
Re: Anybody Out There? I look in hoping for news but all seems to have died here. I hold and hope.