Anglo Asian Mining Share Discussion Threads

[jbe81] 28/10/2016 13:06

looks like mms will work hard to pick up some shares while they can

[timberwolf3] 28/10/2016 06:54

Reza Vaziri states that his ambition is for AAZ to be a mid tier gold mining company, to be classified as mid tier a company needs to be producing between 200,000 oz and 1 million oz per annum,
So if he won't be taking offers anytime soon if he wants to realise his ambition.

[mattjos] 27/10/2016 21:51

I've no hard proof on this but, Mr. Vaziri has always struck me as a pretty honourable type of chap.
I do believe that in his mind is a determination to show a return to all investors .. by that I mean all the way back to and including those that bought shares on the first day of trading in the stock.
The man was genuinely excited about the state of play at the AGM & that position has come about as a consequence of years & years of hard graft by him and his team.

All these years of building up AAZ to this point in time ... I don't see him being tempted by any opportunistic low-ball offer. He clearly enjoys business & growing a business. I concluded a long time ago that he was determined to be at the reins of the company and see the IPO price far-exceeded.

Only time will tell .. it's still a long way to go and likely others will not be similarly persuaded until the share price exceeds 80p.

In the meatime, I do think we ought to be mindful of the crew getting on with the job a the sharp end of the business .. particularly those going into Gadir every day - that is a job I would not fancy under any circumstance

[jbe81] 27/10/2016 21:39

I agree with you Matt, its not my preferred outcome, just today I am convinced it is how it is going to pan out, no reason why I should be right. if it is I hope it is for over £1.40 a share, think it would depend on what Reza was offered afterwards as to what he would except. If it is Azergold's plan, they would want to get it done before gold went higher or AAZ came out with any more drilling results.

[mattjos] 27/10/2016 21:33

ok jbe .. now you've clarified your logic behind the statement it makes sense to me.
Let us hope not .. . much too early for that

[jbe81] 27/10/2016 21:32

Would prefer to wake up to an rns saying we have done a deal for aimroc assets and some outstanding drilling results

[jbe81] 27/10/2016 21:28

I am not suggesting it wouldn't be amicable, maybe Reza and Sununu have already named their price, the whole company are keeping their jobs and Reza will oversee gold mining in Azerbaijan.

Just my opinion today, Matt, and most probably completely wrong.

[mattjos] 27/10/2016 21:17

maybe consider the wider political position right now.

Putin is leading what he believes is and can be a resurgent Russia. The old Russian states and conquered nations are genuinely concerned about this
(my travels have shown me first hand how palpable this fear now is in countries such as Poland)

The Azerbaijan state is more likely interested in trying to ensure it keeps its Western allies onside right now .. particularly given the proximity of Russian backed Armenia.

This is the time for Azerbaijan to be welcoming more foreign investment & reassuring existing foreign investment enterprises.

[jbe81] 27/10/2016 21:11

Didn't offer any reasoning as don't want to influence anyones thinking and also thought it might start a debate Matt :).

Just wanted to state my opinion( and as I said that could change tomorrow, but today I am convinced)

[jbe81] 27/10/2016 21:09

My opinion is based on an article I can't find and probably misread or was mis translated Matt! Which I thought said there would be one state run gold mining company in Azerbaijan
I think you shares will be bought off you for, plucking a figure out of thin air £1.25.

Am I adding 2 and 2 and getting 57, probably.

A month ago I said the shares would be 40p by now, they only got to 32p!

I hope I am wrong(and most probably am!), gold follows your charts and we get £2+ for our shares.

Any new posters reading this, Matt knows more about AAZ than I do!

[mattjos] 27/10/2016 20:57

jbe .. either a typo of some sort or, simply a poorly constructed opinion. Sorry but, I can make no sense of that logic whatsoever.
Absolutely piddling amount of shares traded today, either way.

Do you honestly think those of us that spent best part of 12 months buying throughout 2015 buying the stock sub 6p are going to be selling up now? Before we get to know more about the true extent of the Gedabek field?

[jbe81] 27/10/2016 20:33

Another large buy today. It is now my opinion that no poster here will hold a share here in 6 months time, probably 3. If the buys stop or we get a holdings RNS my opinion will change!

[bleepy] 27/10/2016 17:35

Group strategy

Anglo Asian Mining PLC's strategy is to utilise its first mover advantage and leverage the experience of its board and management team to build a leading gold, copper and silver producer in Azerbaijan and Caucasia. Key pillars of the strategy are as follows:

> Optimisation of gold production at its Gedabek site, in particular the performance of its agitation leach plant, to ensure maximum production at lowest possible cost

> Optimisation of flotation processing at its Gedabek site to exploit the copper content of the ore

> Increase of its production profile by identifying further resources and reserves in proximity of the Gedabek mine such as Gadir.

> Exploration of the Ordubad site to replicate Gedabek.


The last bullet point interesting as we await exploration results from Ordubad. They are looking to replicate Gedabek.
Another potential Gedabek for Aaz or maybe a predator.
This certainly stacks up against new discovery of Ugur(open to length and depth) and exploration of Bittibulag.
As already mentioned they are exploring just a fraction of their contract acreage to date.

Not forgetting ongoing exploration of Gadir.

[zhockey] 27/10/2016 15:13

My guess is 70% strategic acquisition and 30% momentum traders.

[bleepy] 27/10/2016 12:33

Mattjos

Nobody wants chimps,trolls and time wasters, goes without saying. I'm cool with that.

Csm being new to this board I guess has been a little enthusiastic, the share price movement and regularity of chunky buys has no doubt fuelled that and probably would have worn off once his excitement subsided (along with the chunky buys). Those buys have us all guessing some more silent than others.

OK? Yes I'm fine with ok.

Care to speculate on these buys?

[csmwssk12hu] 27/10/2016 11:54

No trades for a while, if that limit order buy is there again they will need sellers to fill it

[csmwssk12hu] 27/10/2016 11:54

Share price up a tick again

[csmwssk12hu] 27/10/2016 11:40

Gold price rising again

[csmwssk12hu] 27/10/2016 11:34

Yes it's on 3rd November, it's an investor seminar they are raising awareness of company along with a couple of other mining companies

[csmwssk12hu] 27/10/2016 11:27

It's not a sell from yesterday, the bottom one was at 10.06 and at the time of trade the buy price was 28 as listed next to the trade. The trade was above 29, all the others are the same

[jbravo2] 27/10/2016 11:22

It's a trade from yesterday and its a sell.
The 67k yesterday also appears to be a sell. You need to look at the spread for the trade time not the publish time.
Granted a few of the others you've highlighted look like they were buys.

There's no general conspiracy. If the share price is going up, buys are outweighing sells and vice versa, with a small margin for error over short time periods, as yes, I'm not so naive as to believe it's all a straight bat at all times from the MM's.

More significantly gold is looking stable at a good price for us.

[blueball] 27/10/2016 11:20

On the other thread talking about a mining forum next Month.

[csmwssk12hu] 27/10/2016 11:20

They seem to be buying between 29-30