Anglo Asian Mining Share Discussion Threads

[zhockey] 24/1/2017 16:39

Jbravo,

AZERGOLD have already issued tenders for blasting at Chovdar. Give it up!

[jbravo2] 24/1/2017 14:53

AzerGold's Qaradagh and Chovdar sites along with AAZ's Gedabek form a sort of triangle. Each only 20-30 miles from each other as far as I can work out.

[mattjos] 24/1/2017 14:47

I see Cantor upgrade OMI today on the basis of 36k oz production this year at cost of $816/oz.

Pity we don't have another covering broker to highlight our expected production this year and costs

[jbe81] 24/1/2017 14:02

another 75k appeared in the auction, somebody can see the value

[catsick] 23/1/2017 23:45

What would be nice is if they updated the exploration part of the website, giving drill hole numbers and gold content is all a bit meaningless without a map showing where each drill hole is so we can see the extent and range of where they have dug, a 3d image of what the orebody is being defined as would also be nice, and even a larger scale map of the area showing where all these sites are in relation to each other, its not rocket science, all the explorers do it and a picture can paint a thousand words ....

[saturdaygirl] 23/1/2017 22:32

zhockey
23 Jan '17 - 20:49 - 6679 of 6683 1 0
And I thought I was the pessimist. You can't do nowt about the weather so no point worrying about it. In any case, Q1 2017 production is not why anyone here is holding is it.

Its months ..maybe 11p

[jbe81] 23/1/2017 22:25

And expect it to continue to rise

[jbe81] 23/1/2017 22:25

Don't believe it will take much more of a rise to see some buying here

[mattjos] 23/1/2017 22:02

8 week closing high on gold this evening.Still creeping its way back towards $1,300

[brasso3] 23/1/2017 21:18

You should be holding AAZ for the following conservative numbers in 2017 IMO:-

- $70m+ revenue,
- $15m debt reduction to $20m,
- 60,000 - 70,000 oz gold production,
- 120,000+ oz silver production,
- 2,500 tonnes copper production,
- AISC down to $650 (maybe lower),

*Assume an average gold price for the year of $1150 and you will not be disappointed.

AAZ will be a slow burner through 2017 and best not watching it on a day to day basis. Treat it like you would a FTSE 100 stock. You would not check that every day would you?

[zhockey] 23/1/2017 20:49

And I thought I was the pessimist. You can't do nowt about the weather so no point worrying about it. In any case, Q1 2017 production is not why anyone here is holding is it.

[mattjos] 23/1/2017 20:00

Blimey jeanesy ... you never know your luck, the world might get hit by an asteroid tomorrow then, you'll finally be able to report having a good day.

[saturdaygirl] 23/1/2017 19:55

Lowering production numbers and exploration probably zero through winter . Maybe 2nd quarter production figs may be an entry point here but a share price around 11p in the mean time ?

[jeanesy] 23/1/2017 19:33

The weather is set to become very snowy in a few days time and very very cold. Not going to be great news for production. lets hope they are wrong and transportation is not affected.

[jbe81] 23/1/2017 16:50

70k wanted @21, 80k and 90k wanted @20p, they will be very lucky,but suggests not all folks are worried.

[zhockey] 23/1/2017 14:30

Matt, folks are worried about production this year hence the drop. I think gold would have to get above 1250 to reset sentiment here.

[crazycoops] 23/1/2017 14:04

SP probably reflects production guidance, proven resources, debt and political risk. It will probably take a resource upgrade to get any sort of true value recognised here. Maybe some will sit up and take notice when the metrics are updated following results publication and people start to see it as good value. Maybe 2017 guidance will surprise to the upside but the market has every right to be sceptical of this, given a downgrade and a miss against 2016 estimates. I hold, all IMHO.

[goodgrief] 23/1/2017 13:37

Well, maybe the share price reflects production guidance!?

[mattjos] 23/1/2017 11:57

Just in case folk are asleep at present:

gold price up 5% YTD .. good for us
silver price up 6% YTD .. good for us
Copper price up 7.5% YTD .. good for us
Az Manat down 5% YTD .. good for us

AAZ price down 10% YTD !

[homebrewruss] 23/1/2017 11:30

@jbe81 agreed, some of the smaller resource exploration companies on aim are now gathering a lot of interest and some may never even make it into production. Any decent exploration news this year should hopefully propel this much higher.

[crazycoops] 23/1/2017 11:07

A bit of bed time reading for you:



The relationship between gold, oil, USD and the Yuan...

[jbe81] 23/1/2017 11:04

Interesting to see how much more of a rise in commodities' prices is needed here to reignite demand. All up today.

[bleepy] 23/1/2017 09:23

1.8559 AZN/USD for Jan. 24

[crazycoops] 23/1/2017 08:55

Maybe S0lis but I don't think that's what ADVFN's algo does - I believe it reports buy/sell based on the price at time of reporting. I just know from personal experience that ADVFN buy/sell indicators are not accurate.

[s0lis] 23/1/2017 08:51

crazy

They may be able to delay reporting, but don't they have to report the original time of the transaction and if one goes back to the bid/offers at that time have a better idea as to whether it was a buy or a sell allowing for the larger volume ??