Anglo Asian Mining Share Discussion Threads

[mattjos] 18/4/2024 16:59

Up 8% and only 269K shares traded ..... will be interesting if/as/when we get 1M+ buying day

[touche] 18/4/2024 16:06

Appreciate it JB. Thank you

[wanobi] 18/4/2024 15:20

yep, ready to pop sh :-) :-) 1p spread !!!

[pogue] 18/4/2024 15:07

The next milestones at CTL (kindly posted on the CTL board so I will use this for my views on the inflection points)

1. Operating output data of the Pilot Plant (April).
1a. DLE process analysis results and is it to battery grade Li +99.5% with low impurities (mid May).

2. Listing on the ASX (with small raise) in May.

3. Latest LV Drill results (July)

4. Granting of CEOL (development permit) process July onwards.
With initial announcement/naming of which Salar's will be eligible to be developed, and granting of CEOL in due course.

5. PFS

6. Offtake discussions (after PFS issued) by end of this year.

7. Environmental Impact Assessment (EIA) by end of this year.

8. DFS by mid 2025.

My views..

2. Is going to be interesting, to list on the AXL you need to increase the number of Aussy investors to 200 so a dilution (fund raise) will be needed to create the shares to sell to the new investors. This might move the share down initially however the ASX listing should increase the number of buyers who understand mining and will hopefully see this as a bargain at current levels and drive the price up. AXL has many mining shares on it hence more knowledgeable mining investors. The AXL listing was supposed to happen last year but there is a massive shortage of employees at it to approve listings hence delay.
4. Granting of the CEOL is basically approval of the mine to go ahead by the government. Everyone assumes the mine will be approved but having this bit of paper means you can guarantee it subject to point 6 and gives investors confidence.
6. Offtake agreements for the funding, once that is in place it will rocket as you then have approval and the cash to make the mine. They are claiming end of year for discussions to start, they have some companies under NDA just now, which might happen but I am not betting on it starting then however clearly actual agreement will not be until next year.

Meanwhile off course the share is creeping up now the shares loaned out by the CEO issue is buried and gives a good reason for the share sales since he stupidly loaned them out late last year.
All in my opinion this post is for fun not advice. I hold shares in this company. This is not a recommendation to buy.

[stockhunters] 18/4/2024 15:05

market makers only letting you buy a few £k here

market starting to wake up?

[avsome1968] 18/4/2024 13:50

Decided to sell 70% of RR.L been a very good investment but i feel the share is stuttering now feels like who have bought in and pushed this share up from 150p a year ago are starting to sell and bring it down we shall see if its a good move or not but 114% profit happy to take it.

[wanobi] 18/4/2024 13:44

many thanks for sharing the utube footage jb2,, very kind of you, Cheers Wan :-)

[wanobi] 18/4/2024 13:43

all in anticipation of a postive TD permissions rns of course !!!

[wanobi] 18/4/2024 13:41

must say it's good to see, with all GAPS on this chart filled, AAZ is finally breaking upwards with what looks like sustained momentum at long last :-) :-) GLA LTH's Cheers Wan :-)


free stock charts from uk.advfn.com

[donald pond] 18/4/2024 13:38

Does anyone else recall an incident last year when someone who seemed probably unauthorised went on Azeri local TV and said some of the grades at Gilar were much higher than had been reported

[katsy] 18/4/2024 13:34

@jailbird, isn't this a stock info sharing thread. Yes the results do confirm what someuwin says. Some may be interest to have a look. Looks too small for my liking though.

[jbravo2] 18/4/2024 13:14

@touche
Here's one. Follow the links through the account to the others.
Sorry about the sound on the first one. It was VERY loud with the mining. It does improve as the video goes on. Gives the best overview.
There's a dozen or so videos in all. All filmed 2018.

[someuwin] 18/4/2024 12:46

Peter Gyllenhammar building a big position in Brand Architekts LSE:BAR up to 22% holding now.

Challenger-brand business operating in the beauty sector.

£7m Mkt cap with £7m cash.

[donald pond] 18/4/2024 12:26

Thanks 2spHaving been bearish on copper for 2/3 years Hedgeye went bullish about a month ago and now have it as a top pick. Everything is ready here, we just need the authorities to fire the starting pistol

[touche] 18/4/2024 12:14

Is there a YouTube resource available referred to below? As a newer holder would appreciate the link as background / research. Thank you

[2sporrans] 18/4/2024 11:54

dp

edited my 'grades' post above; expect higher grades, 2025+26, than prev. indicated.

[2sporrans] 18/4/2024 11:26

dp

"what sort of grades they might be producing from initially?"

That's a bit tricky as maybe the initial production will be arisings from the passages/chambers as they construct the ramped tier of them, before mining the juicy stopes as such.
In this event, initial grades will obviously be a fair lot lower than those when the stopes are being targeted.

We can reasonably expect grrades as tabled in the June Presentation, from stopes; see slide 9:



edit:
Actually, i'm expecting substantially higher grades, for all metals, than these during 2025.
Why?
Because AAZ will [during 2025+26] be mining the "Lower Section" of the resource; this has sub. higher grades than the rest.
Not got that info. immediately to hand.
Suggest, look at the JORC RNS.
Expect that provides a breakout.

[2sporrans] 18/4/2024 11:16

dp

"why is Gilar now q4?"

fwiw, I guess it has been put on hold or much reduced development pace:

a. To synch the prod. ko with the completion of dam raise and full [i.e. incld. AL] plant resumption.
b. To defer Gilar cash burn until have certitude of programme for a. ; else AAZ may need to borrow more to finance.

Bear in mind will take 3 months to raise the dam wall.
Say the ko date for that is notified 1 month in advance, that would provide a 4 month window within which AAZ could complete development to access first stopes + construct haul road. [Might link up with the Ugur route?]

[2cmb] 18/4/2024 11:15

Terropol and JB. Many thanks for you guys explanation. I was just curious as to how long it would take to raise it to 2.5 Metres.
As DP says not very long at all.
JB I didn't think you need to go to any trouble.
Oh' my holding in AAZ has just gone into profit.
So this evening a glass or two will be raised.
ATB and GLA. :-)

[2cmb] 18/4/2024 10:48

JB' an excellent explanation of the TD operation. Thank you for your input as always very explanatory.
The Russians are leaving Nagrno Karabach was another bit of excellent news by JB.;-)

Well guys I am in profit with my holding in AAZ. My very sincere thanks to all the sellers over the past few months. I have also given myself a pat on the back for having the balls to go all in yesterday.
Have a good day all. I certainly will be raising a glass or two this evening.

Wan" if I can be of any help in anyway feel free to ask.
ATB and GLA.

[donald pond] 18/4/2024 10:42

Tbh if the dam is about 150m and we need to raise it by a couple of meters it doesn't sound like a huge jobI've not been fully engaged but why is Gilar now q4? And when it comes on do we know what sort of grades they might be producing from initially? We could do with a running start

[katsy] 18/4/2024 10:38

Thanks Jbravo excellent description.

[stockhunters] 18/4/2024 10:34

rns spells it out permit to land shortly

all those on sideline will get caught out when this spikes to 100p after permit news