Labrador Iron Mines Holdings Ltd (LBRMF)

[highjumper]

I'm suspecting that he doesn't have a very positive reputation and can't secure financing. Some time ago on the Anglesey message board, a poster commented that he is eye rolled by the banks and it is basically a 'oh, this guy again' type of reputation.

Some already knew this... https://www.extractiveindustries.co.uk/shareholders-oust-anglesey-mining-chairman-and-stalwart-john-kearney/

Dated January 3, 2023... In his half-yearly report, Anglesey Mining chairman, John F Kearney, said: “I firmly believe that Anglesey is positioned very strongly to advance its two key assets at Parys Mountain and Grängesberg over the next year."

“I remain very confident that the assets held by Anglesey will deliver significant value as they continue to be progressed over the next year.”

https://www.northwaleschronicle.co.uk/news/23225697.copper-gold-silver-soon-mined-mountain-near-amlwch/

He plays carrot on a stick with multiple companies. This POS needs to go and the property needs to be sold and developed by a reputable company... https://www.morningstar.co.uk/uk/news/AN_1636751712162341300/in-brief-losses-balloon-at-anglesey-mining-on-rising-costs.aspx

https://www.extractiveindustries.co.uk/anglesey-mining-targets-1-million-via-placing-for-parys-and-grangesberg/