131 days ago
Anglesey Mining (AYM) celebrated its 41st birthday last month. It has never made a profit but has limped on with mug punters ponying up for placement after placement after sodding placement. But as is often the way, at some point, impoverished shareholders look at fat cat directors and parasitical advisers and say “feck you - we do not care if we lose everything we just want to stop funding your life of Ukrainian Young Ladies and Colombia’s finest.”
165 days ago
When he was not wasting Police Time by trying to get me arrested, Lyin’ Steve O Hara of Optibiotix (OPTI) insisted that his most recent placing was with a new US “institutional investor” and one with relevant sector expertise. I said, at the time, that Alumni Capital provided complex financial structures with fees obfuscating its actual entry price and was in many cases just a plain old death spiral provider and a rapacious one to boot. Guess what?
377 days ago
The history of Anglesey Mining (AYM) is one of pump, dump, pump, dump, rinse and repeat. Whether involving bent BBC journalism or dodgy promoters it is always the same. At the heart of the promote has always been the fantasy that Parrys Mountain copper mine which shut down in 1904 might, somehow, be reopened. It is a fantasy right up there with mine about Cheryl Cole but it has lured in mug punters again and again. While I stay true to the Geordie Nightingale, today Anglesey has a new fantasy.
