Anglo Asian Mining Share Discussion Threads

[ferries5] 13/10/2016 09:17

httTp://abc.az/eng/news/main/99353.html

Needs news on Resources .

[celeritas] 13/10/2016 08:41

rio and blt have nothing to do with aaz. Look at gold miners for comparison. Looks like the mm's are getting some stock that was hard to get over the last few weeks. Debt coming down very nicely plus electricity supply will be a huge boost.

[csmwssk12hu] 13/10/2016 08:10

Rio bhp both down over 4% on weakness in China

[csmwssk12hu] 13/10/2016 08:07

Surprised at negative start but then again all miners down big this morning

[cyberbub] 13/10/2016 07:49

Do we know the SART plant is going to be contributing ad normal next quarter?

[csmwssk12hu] 13/10/2016 07:43

Production as expected after August but electricity due earlier which is a major cost saver, expect rise on that news today and next month when they say it's online,also debt down again despite August very good all round

[mattjos] 13/10/2016 07:33

Well done on leccy connection. A little earlier than indicated and forecast to save $5-6m in OPEX next year.25% of the debt now gone this year

[brasso3] 13/10/2016 07:20

Production chart:-

[cyberbub] 13/10/2016 07:11

Production a bit less than hoped, but that was expected after the poor month in August IMO.Good progress towards further reduction in costs due to connecting to the power grid from next month.Still say on target for 70k oz for EOY (might be a bit of a stretch unless the SART ramps up substantially?).NAI

[bleepy] 13/10/2016 00:09

FORECAST: GOLD PRİCE WİLL REACH RECORD HİGH İN TWO YEARS

[mattjos] 12/10/2016 20:52

On way back .. stopped in Warzburg in Germany tonightAnyway, I digress.At long last the 20p hurdle seems to have been taken out and on growing daily volume.We may yet get a brief re-test but, I suspect folk know of that possibility so, should be short-lived.

[csmwssk12hu] 12/10/2016 18:57

It's good to clear the 20p next stop 34p need that q3 update now

[crazycoops] 12/10/2016 17:26

Nice to close above 20p - we got stuck there on the last rise - "resistance is futile".

[hedgehog33] 12/10/2016 15:42

Simplistic I know but:

If you divide the end of 2014 net asset value by the shares in issue, just the NAV alone equated to .76p per share without the 2015/2016 investments, potential debt reduction, manat devaluation or profit. ... etc etc

I think... LOL

[mattjos] 12/10/2016 14:59

The £ down 20% since BREXIT vote ... in that timeframe, AAZ has doubled in price with plenty more to come.

[cyberbub] 12/10/2016 13:53

Doubt we will see 80p in the short term. But if POG recovers and breaks to new highs, and/or production resumes a steady rise, I think it's definitely feasible within 12 months say. Meanwhile I think 30-40p is fair value at the moment.NAI

[pixi] 12/10/2016 13:40

We should get a production update soon.

[csmwssk12hu] 12/10/2016 13:18

Thing is we all know this is undervalued so once a good rns there is gonna be very little selling as those that understand know 34p and 80p are next two resistance levels, good rns will take us to 34p then hopefully buying will crack that resistance and 80p would be next, most long termers on here are already well up and know this and just won't sell so when good rns mms won't be able to get stock easily and will push up fast imho

[timberwolf3] 12/10/2016 11:36

"AzerGold" announces tender for repair work

October 12, 2016 09:07
Documents for participation in the tender should be submitted till October 14
Baku. 12 October. REPORT.AZ/ "AzerGold" CJSC Dashkesen ore processing plant in the town of Rye current repair works of equipment used, and the purchase of maintenance and inspection work is carried out on the request for proposals.
"Report" means that the documents until 14 October to participate in the request for proposals (Baku, Khojali Avenue, 55) are accepted.
Interested organizations (012) 404 85 80 can contact with phone number.

[jbe81] 12/10/2016 11:23

Not sure anyone is getting spooked. MMs playing games making it hard to buy trying to get whatever shares they can. Will always be some sellers. Not much they can do if there is a good rns generating buyers

[cyberbub] 12/10/2016 11:22

And another substantial delayed buy, 46k at 21.5p

[bsg] 12/10/2016 11:17

I wonder if that 50k at 20.5 spooked a few? It was delayed and a buy.

[csmwssk12hu] 12/10/2016 11:04

In for more 34p next stop imho

[cyberbub] 12/10/2016 10:57

Not sure about tomorrow, but should be the next few days hopefully.

[wrighty46] 12/10/2016 10:19

Bought another 9000 earlier update tomorrow I reckon. GLA