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Anglesey Mining – shares down 18% on no news, why?

Well here’s a blast from the past! I used to hold a few shares in AIM-listed Anglesey Mining (AYM) some years ago. What caught my eye was the 18% share price drop on no news – the last we heard being its interims to September 2017, released back on 30 November 2017 when we were told us that now is the opportune moment to move forward with the development of the Parys Mountain base metal project. Blimey - after all these years! But what with?


Anglesey awaits iron ore rally

Iron prices may be testing five-year lows and mining companies the world over may be agonising over how to continue with major iron ore projects. But Bill Hooley, chief executive of out-of-favour fully listed Anglesey Mining (AYM), argues the company has got the timing its opportunist foray into Swedish iron ore just right, as the fully-listed company digests the latest formal resource estimate for the country’s historic  Grangesberg mine.

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