|Anglo Asian Mining
||EPS - Basic
||Market Cap (m)
Anglo Asian Share Discussion Threads
Showing 26801 to 26824 of 26825 messages
|Good man aps. ?|
|The 150.000 shares at the end of the day were sold to me. So those shares will not be back in the market unless the share price goes above 75 pence. Good luck to all.|
Good call. :)|
|RRound sold a load at 80p, if he holds these that is a good sign. Would he need to report a sale now?|
|Matt, very good deduction there, you could well be right.|
|Brasso let's hope, all depends on gold in the short term I feel.|
|Now that small source of liquidity has been taken care of, I think upwards pressure may now be allowed to re-exert itself next week.
Good weekend all|
It is still on the support line so not a time to panic yet. I expect it will bounce on Monday. We may have a short news vacuum now but hopefully not 3 months (Q1 2017 figures). I expect 40p+ in 2017.|
|150k sale on the bell looks suspiciously like the transaction taking care of most of the Directors Options. In one lump sum @ 21.5p, it also means the price was equal amongst the three of them.
From the Directors Dealings / Stock Options RNS (assuming 21.5p settlement price)
K. Zamani - 100k shares @ 16.5p. Cost: £16.5k. Gain: £5k
K. Zamani - 500k shares @ 12.0p. Cost: £60k. Gain: £47.5k
R. Round - 600k shares @ 12.0p. Cost: £72k. Gain: £57k
Total - 1,100,000 shares - Cost: £148.5k. Gain: £109.5k.
Settlement value for 150k shares at 21.5p = £32,250.
"In addition, Khosrow Zamani and Richard Round each authorised the Company (or its agent) on 12 January 2017 and 11 January 2017, respectively, to arrange for the sale of such number of Ordinary Shares to be issued pursuant to the above share option exercises as would be required to produce net proceeds of sale (after deduction of all fees, commissions and expenses in relation to such sale) sufficient to meet the cost of exercising the share options and discharging any tax liability arising from the exercise of the share options for which the Company is liable."
Effectively the Gain value of £109.5k is the value on which “..any tax liability arising from the exercise of the share options for which the Company is liable.” will be calculated, is it not?
Settlement from sale of 150k shares @ 21.5p = £32,250 / £109,500 = 29.4%
Looks about right to me|
|On a more positive note, exploration adjacent to the current operational mine is ongoing and at depth.
Let's leave it to the excellent Aaz team to prioritise and set strategy as they are the experts. They are more than capable of short, medium and long term planning.
Gedabek - exploration update
Area adjacent to the current operational mine
Geological mapping was carried out over 0.7 square kilometres from which 290 outcrop samples were taken and 20 metres of follow-up trenching was carried out.
In addition, two drill holes with a total of 530 metres of diamond drilling were completed.|
|Sorry I meant this year, next year is more likely IMO.|
|I don't think any Ugur ore will be processed next year, too soon.
Looks like some should have kept their powder dry a little longer.|
|I had them down to $575 personally with the effects of the Manat & a slight rise in grades from Gadir.
The reprocessing and evaporation of the tailings liquids will likely just about wipe its face in terms OPEX v long term water reduction in the pond & some gold/silver extraction.|
The 2015 numbers are AISC lifted from the November 16 AAZ presentation.
You are probably right regarding lower gold production in 2017 but I am hopeful that some high grade ore from Gadir or Ugur might help better 2016 production.|
The 2015 numbers you quote were not AISC costs and rather operating costs from memory. I think your numbers are a bit optimistic as with expected lower gold production in 2017 it will of course impact AISC. I expect we will be in the $650 - 670/ oz region though for AISC.|
|I expect our AISC is now around $620/oz thanks to the increased copper concentrate production seen in H2 16.
Assuming 65000 oz production going forward the connection to the electricity grid should lead to a further $30/oz reduction in AISC so we could be looking at approx. $600/oz AISC for 2017.
According to my figures (probably a little out of date now) $600/oz puts AAZ below the 10th percentile for AISC.
The below demonstrates how effective the recent cost reduction initiatives have been:
H1 15 AISC = $925/oz
FY 15 AISC = $858/oz
H1 16 AISC = $703/oz
FY 16 AISC = $620/oz ?|
What have you been drinking? :)
Siemens in the 19th century were not worth 70Bn|
|in for 10k more just now|
|I dont think its unreasonable to expect history to repeat, this company was the basis for the whole of Siemens, a 70 billion company, on that basis we should be looking to 3000 bag from here to 600 pounds a share, would have a few billionaires on the board then ....|
|Still got mine with quite a low average, hoping it would get to £1, probably happy with 50p now.|
|What price are you going to buy back in at bsg?
In November you were saying gold was heading below $1000|
|Whats going to stop the slide, is it only good exploration results. If so what happens if there are none. The company still makes good money, but for how long?|
|Thank you Phil.One more point, if I may.I note the banks are threatening to pull 200k 'bankers' out of London.Surely a cause for national celebration .. if indeed they ever do it! Do you really think they will wish to swap London for Paris?However, if they do go ... London will be all the better for the loss of these type of people. They lead us into the last crash (as they generally lead us all into previous crashes) & then expect us to bail them out and sit idly by whilst they line their pockets at an en even faster rate than before.Just how difficult can it be to borrow money at 0% and lend it out at 5%, 10%, 15% & be profitable? Comparing them to the leeches of society is doing a vast disservice to leeches.Right ... no more, I promise :-)|