Anglo Asian Mining Share Discussion Threads

[on target] 16/12/2015 18:15

It could easily mean a 20% increase on last month?

[brasso3] 16/12/2015 15:32

I agree, lets wait for the ABC news release.

Looks like gold production for November is down on October levels though.

Hopefully the copper will compensate for it.

[mattjos] 16/12/2015 15:27

insufficient data available as yet to draw any conclusions

[brasso3] 16/12/2015 13:57

"Azerbaijan sees 20% growth in gold production"

From Jan - Nov 2014 AAZ produced 54,141 oz gold.

A 20% increase means we are now at 65,000 - 66,000 oz.

2014 total gold production was 60,200 oz.

[brasso3] 16/12/2015 07:45

Nothing there yet...

[cyberbub] 16/12/2015 07:39

Anyone spotted the monthly production figures yet?

[mattjos] 15/12/2015 21:38

see what start of Jan brings:


free stock charts from uk.advfn.com

[mattjos] 15/12/2015 20:26

Still a mystery but, still Cantor camped on the offer as usual. Probably have to wait for calendar year end to pass before the order book might change. Hopefully the seller will need to shift the lot by 31.12 & there'll be a garage sale day 'tween now & then.The explanation in the video with regards the zinc content from Gadir (if I recall correctly) gives us where the feedstock for the smaller, as yet unused, flotation plant will come next year.Can you flotation process tailings from a flotation process?What processing route will they employ to extract the gold, copper and zinc from Gadir?I can't help thinking about just how much has gone over the edge into the tailings pond. I assume it will settle to the bottom. There must be a process or a third party by which the tailings pond can be re-processed at some point in time. It's a little nugget pond.

[jeanesy2] 15/12/2015 19:53

Another 160k sold today. Who is selling? I thought that the overhang had been cleared ?

[mattjos] 14/12/2015 20:54

Not really, if I am honest. Any business will look to lower its costs as/whenever it can, preferably without lowering quality or deliverability or longevity.To reignite interest in the stock, it's going to take more than that.I am more than intrigued as to why Reza is being rather quiet of late.We will have to wait and see what Bill is laying the corner stones for

[brasso3] 14/12/2015 20:26

Matt

Did the comment about full year gold costs being below $700/ oz not get you excited?

[mattjos] 14/12/2015 20:18

Watched the presentation a couple of timed. Bill is a reasonably safe pair of hands ... But, not an entrepreneur.It was sold by an accountant on the basis that 'we will survive' but, nothing said that would in any way motivate buyers of the company or, it's current known prospects/potential.I'm not being critical of Bill ... With the ammunition available in the public domain today, it was never going to a pitch for Reza. Bill has done a good job with the cards he's been give to play with right now.Clearly next year's costs are going to be really quite appealing.The real pitch ... That would/will require something significant upon which the majority owner/director can present with the necessary passion/enthusiasm/belief.This looks like a setup pitch to me ... Next year, show the market how the costs have really come down & the cashflow up .. & deliver something special in addition .. Stage is set Reza! What are you up to, please?

[brasso3] 14/12/2015 19:39

Production news tomorrow? :)

[jeanesy2] 14/12/2015 19:34

The market was able to withstand a hefty sale today

[ferries5] 14/12/2015 07:31

unable to post link

[ferries5] 14/12/2015 07:30

New video of the actual presentation at mining capital

[...]

[cyberbub] 13/12/2015 21:36

Yes it was posted, notagain3

[notagain3] 13/12/2015 19:35

I don't remember seeing this before.
hxxp://www.azernews.az/business/90082.html

[umd] 13/12/2015 15:46

Guys - jeanesy makes some good points. It's about credibility but also POG. Concern remains amongst investors that POG will drop further (impact of imminent Fed move has a bearing) if so the anticipated cash flows change will not be as dramatic. Hence the lack of movement. I also think that investor relations needs beefing up - difficult for Reza to justify just yet when cash flow needs are elsewhere. I think if we can demonstrate that fundamentals have changed by Q1 16 then we should see some reappraisal of the value provided POG stays sensible.

[goodgrief] 13/12/2015 14:11

I would have said it's the gold market that is lacking in credibility!!

[jaspoland] 13/12/2015 13:53

Jeanesy I think you've hit the nail on the head.

[jeanesy2] 13/12/2015 11:40

Markets are supposed to look forward not back so it is a little worrying that the price is where it is, despite the general malaise of the market at the moment. I suppose that the market has yet to be convinced of the turnaround here especially as the company lost a lot of credibility when it kept missing targets not too long ago. I suppose we will see in January if the turnaround is gaining momentum. Fingers crossed for all holders here.

[brasso3] 13/12/2015 10:01

The market does not yet fully appreciate the reduction in operating costs to $736 in H1 and possibly down to $700 for H2. This will become clear in January. The debt level has remained steady throughout 2015 at circa $50m but now we should start to eat into that. I think $45m by January is possible. The market has no clue yet as to the copper production and again in January this will become clear.

In conclusion, by the middle of January there will be a transformation presented to the market and AAZ will look like a different company in my opinion.

[cyberbub] 13/12/2015 09:33

I agree Brasso logically.The debt level was the same 2 years ago and production was much lower, to offset the higher gold price. And yet the market cap was 5 times higher. It's just hard to understand why the share price is where it is. Mr Market often knows or can predict things. Sigh...