Anglo Asian Mining Share Discussion Threads

[jbravo2] 25/8/2015 16:29

Exactly mattjos.

The reason for the low valuation is currently the market isn't sure that we will make money. The loss for 2014 is what most people are working from.
A few people know that the results for this year... IF things continue as they currently predict... will be in the order of $15m profit.
More than twice its current valuation.

This share price will move steeply upwards over the 12 months that started a month ago.

[mattjos] 25/8/2015 15:41

simply as a quick exercise, compared AAZ to NMG.
NMG valued at £2m ... skint, not even drilled a hole in the ground as yet & seems to keep going by giving up on one prospect and then raising money chasing another one. Already a 1Bn shares in circulation.
No idea how this is managing to stay afloat.

AAZ valued at £5.5m. I wont bother to run through its profile as most should know well enough already.

[ilostthelot] 25/8/2015 00:07

When the debt cleared the last time in 2010 early 2011 the share price rocketed.

Its set up for same again though could well take another year or two of patience.. I'll start buying back in now after being out for a few years.

[mattjos] 24/8/2015 22:50

Good grief

[wigwammer] 24/8/2015 22:44

Ah, I see, mattjos. You own the shares you anticipate will remain invisible to the invested public.It's just been so enlightening ;)

[brasso3] 24/8/2015 22:06

cord

I was near the back!

[mattjos] 24/8/2015 21:59

I made my position abundantly clear as to when I would buy in & exactly when I did buy in.Not that it matters a jot to the stock.Anyway, can we move on now you know?

[cordwainer] 24/8/2015 21:10

Brasso3 - what race position did you drive your car to finish at in the F1 ?

[wigwammer] 24/8/2015 19:18

Are you invested here, or is your learned advice offered on a charitable basis?

[mattjos] 24/8/2015 18:19

Wigwammer .. wiyp?

[brasso3] 24/8/2015 17:37

Just returned from the F1 at Spa. Not had access to the internet but was a bit concerned with the market crash. Glad to see AAZ held up and gold advancing further. Back above $1200 soon I think.

[wigwammer] 24/8/2015 17:22

That's right, mattjos.The key to successful investment is to anticipate nothing and go where the crowd takes you.You are clearly a learned man.

[mattjos] 24/8/2015 15:28

until such time as they let us know of these actual events at the company, there is nothing to mark it out wigwammer. As you very well know.
The price is not going to move upwards solely off the back of some PI buying from those of us familiar with the company.
In so far as the broader market is concerned, this will remain invisible ... most folk will be watching far too many other things to care about an AIM listed, Az gold-miner

[wigwammer] 24/8/2015 15:21

"With nothing to mark it out as any different to the rest of the crowd" (said mattjos, 5 days ago)

[mattjos] 24/8/2015 14:41

cannot see that 1267 damn on Gold holding for much longer given the rout elsewhere in the markets. The Gold 60 minute chart looks like it is winding itself up for a second advance, past the last high
Once folk have managed to get out of other positions, it looks likely to me that sentiment towards gold could quickly propel it onwards to at least 1200.

Not a bad time to be bringing on-stream Gadir & the new flotation plant

[fibmeister] 24/8/2015 08:42

current market situation is perfect for AAZ

- gold up on safe haven demand and also weaker dollar
- oil down and no catalyst for bounce back up

the only downside is weak dollar makes local currency costs higher but this is not gonna be a major impact unless dollar weakens considerably (can't see this happening anytime soon)

if positive updates continue in Q3 the share price will benefit. unless some bad news come out we could see a nice build up going into mid-October.

Gl
Fib

[cordwainer] 24/8/2015 08:40

oooh somebody actually bought something today.

[mattjos] 21/8/2015 15:47

should find out in this current market rout just how keen Bashirov is to sell out his position. If he's got himself upside down somewhere else in the market then he may have to bail for what whatever he can get here

[terropol] 21/8/2015 15:11

FibMeister, we have bought already...Some of mine are 10 years old....

[fibmeister] 21/8/2015 09:15

a lot of bullish posts..... but no one seems interested to buy. lol
says all about how bullish some posters really are here....

in d meantime picked some up at 4.9p. like last time i will sell on a good spike.

[terropol] 21/8/2015 00:26

GOLD will be KING.

[mattjos] 20/8/2015 23:03

What a time to be bringing on-stream Gadir & the new flotation plant.

[cordwainer] 20/8/2015 18:35

With the way gold price is holding up lately, even if cost of production doesn't drop at all this share looks dirt cheap. Only have to avoid earthquakes, plague, war and any kind of famine imho.

[mattjos] 20/8/2015 13:23

Kaz forced to devalue its currency, the Tenge, by 23% today v the USD as a consequence of the weakness of price of oil.
I wonder is Az govt will be forced into further devaluation of the Manat, given it is also very dependant on price of oil

[brasso3] 20/8/2015 07:09

Unstoppable! §1142 just for a few minutes.