Anglo Asian Mining Share Discussion Threads

[jbe81] 13/4/2017 13:54

280k wanted in the auction @19p. Somebody is confident.

[2sporrans] 13/4/2017 13:42

Dunno how much of the flying PIG, sorry POG, is down to Jitters over an anti Euro [even EUU] candidate being elected French President but consider this:

A bizarre scenario may well unfurl in that although a decided majority of French voters would prefer a moderate to an extremist of any sort, a close split vote between Macron and Fillon in the first round may be accompanied by the fast rising Melenchon vote being boosted to second or even poll position by a 'transfer' from that for the no hoper Socialist [far left wing] candidate Hamon. Refer to the latest Poll result below; Melenchon [18%] and Hamon together tote 26.4%. Macron bagged 23% but is waning somewhat while Fillon is reviving a little but at 19.1% still clearly behind Macron.

So, to the extent moderate French voters are aware of the danger of Hamon voters switching to Melanchon [logical], what will be their response? On the face of it, some who 'prefer' Fillon ought to back Macron as the best placed of the 2 moderate candidates, albeit a 'least bad' rather than second best choice in their eyes.

But how alert to the danger are they and to what extent apathetic or simply soured off?

12 Apr 2017

LePen: 23.8%

Macron: 23%

Fillon: 19.1%

Melenchon: 17.9%

Hamon: 8.5%

[jeanesy] 13/4/2017 07:47

No news this morning. Looks like tuesday now. POG flying.

[mattjos] 12/4/2017 22:01

Any decent news & gold over 1300, these will be like rocking horse excrement

[el_duderino_7885] 12/4/2017 21:27

And out of the long term pennant in gold and above the long term downtrend from 2011!

Just need some decent news from AAZ so I can buy back in here.

[el_duderino_7885] 12/4/2017 21:21

Gold heading towards $1,300 as predicted.

Anyone seen Trumps tweet about gold likely to continue rising? I'm staggered.

Trump vs. Fed and Trump is winning.

Dollar/yen collapsing.

[jbe81] 12/4/2017 20:47

Hopefully news tomorrow, can see a serious rerating here once it is out of the way. Rising price of gold completely ignored so far.

[terropol] 12/4/2017 09:13

JEANESY, Markets are closed monday....will not get any news then....

[jeanesy] 12/4/2017 08:56

I doubt that very much. Each to their own. Even Brasso is thinking of selling out if the update is not up to scratch. The company has lots of explaining to do.

[zhockey] 12/4/2017 08:47

Jeanesy by the time we get that the share price will already be over 40p

[jeanesy] 12/4/2017 07:52

Not not back in. I have been here so long i keep referring to the company as we. I am still watching and waiting for a turnaround in fortunes. I need evidence that the reserves will be strengthened and productivity going in the right direction. News likely tomorrow or monday.

[mattjos] 11/4/2017 22:48

Gold behaving as the chart said it should .. whatever the impetus may be determined as. Just art starting to get a little frisky but, I don't think we ain't seen nothing just yet!Pull your finger out, ffs, Reza .. you've had way, way long enough to update on Buttibulag so quit messing about any longer .. Ugur also probably warrants an update now.Why are you still procrastinating now? Setups don't get much better so, get your elbows out & get moving.

[brasso3] 11/4/2017 19:24

Lets see if the Americans put the dampeners on the gold price this evening...

[jbe81] 11/4/2017 19:18

Trying to talk it lower to buy back

[crazycoops] 11/4/2017 18:30

We? Are you back in jeanesy?

[jeanesy] 11/4/2017 16:06

POG very strong this afternoon. We need to get those figures out of the way before it has an effect on the shareprice though !

[edjge2] 11/4/2017 15:13

Added some in case they surprise, with war mongering gold seems up. Not just an eccentric event. Sarin is mega toxic so even with a hose down anyone handling a poison effected person barehanded should die. Did they or didnt they use sarin?
Trump had an excuse to show strength anyway, presumably to dissuade Koreans but that unlikely to work. Putin unable to back down as he wants entry to Mediterranean via assad. A right mess!

[el_duderino_7885] 11/4/2017 15:06

Dollar/yen and gold now at critical resistance levels.

Will either fall back down or blast through towards $1,300 in the next week or two.

[jeanesy] 11/4/2017 08:24

Cant see FY production of 55k myself. Debt will not have come down much either based on Q1 production. The only saving grace here atmo is POG. need some positive exploration news to boost those reserves .

[brasso3] 11/4/2017 06:47

Redtrend

Exactly the AISC will go up by maybe 20% at 55,000oz but there is no guarantee that gold will be $1250 per ounce. The high production in the past has allowed most of us to overlook the modest reserves as we all expected that to increase later. AAZ is in a safe place now compared to 2 years ago but it feels like a cycle could repeat here to me if gold drops to $1000 - $1100.

[redtrend] 11/4/2017 06:35

Even at 55K Oz, is this not priced in on basis AAZ now only has market cap of £21m? Particularly as debt has reduced to 35.1m and will be down again when Q1 is released.

A lower gold production will of course push AISC per ounce up, but then connection to grid, increase copper price and quantity (compared to last year) will counter this. So arguably AISC is probably still in region of $700-750 (last announced AISC was $703 in Nov presentation for 1H 2016). Manat is still very weak against the USD at these levels and weaker than it was in 1H 2016.

So you're still looking at potential operating margin of 27-30m this year based on $1,250 gold at 55K Oz production (before government take and costs outside of AISC).

What is AAZ's current life of mine?

[jbe81] 10/4/2017 21:05

Bet it won't be Friday or Monday

[brasso3] 10/4/2017 20:57

Last year Q1 results were on the 13th April. The RNS should arrive on Friday or Monday.

I expect production will be around 10,000oz - 11,000oz for the quarter and the 2017 FY target will be 55,000oz - 60,000oz. They will need to deliver some exploration upside on top of that if 19p is to hold.

Depending on the news I think I will be either adding or selling out completely in the next week.

[bleepy] 10/4/2017 12:27

Official exchange rate of the US dollar and euro to Azerbaijani manat for Apr. 10 was set at 1.7031 manats and 1.8029 manats, respectively

[jeanesy] 10/4/2017 09:23

I know they did some because i emailed Bill and he told me they were drilling and that was in February.