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Anglesey Mining – Comment on Labrador Tata link up

Tom Winnifrith
Thursday 14 March 2013

Shares in fully listed mining group Anglesey (LSE:LIM) have bounced sharply to 9.375p, valuing it at £15 million, on the back of news that TSX listed Labrador Iron Mines in which it holds a 15% stake has signed a link up with Indian giant Tata. LIM’s shares have bounced on the move to 75 cents valuing the Anglesey holding at just over £9 million. So is this the start of a big rebound.

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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