Anglo Asian Mining Share Discussion Threads

[robo21] 30/1/2017 15:36

Unusual trading today ?

[homebrewruss] 30/1/2017 13:49

Thanks bsg. Hopefully we'll get some good exploration upside this year which will allay all your (and anyone elses) fears :)

[bumpa33] 30/1/2017 13:01

That late (from this morning) print of 100k at 22.75 kinda proves my point - 1.75p outside the quoted spread at the time! Daylight robbery/lousy execution or a combination there of. Anyway, moan over :)

Long dated/ETF VIX beginning to look very attractive...

[bsg] 30/1/2017 11:03

homebrewruss, lower production and poor exploration results (at the moment).

[bumpa33] 30/1/2017 10:23

Mattjos - maybe their stance isn't stock specific and a wider view on POG? It does annoy me when they 'control' the price and then moan when you buy...!

[mattjos] 30/1/2017 10:07

Thanks for the update Bumpa. They wont be bidding for the stock now unless they believe it will be going higher later in the year

[bumpa33] 30/1/2017 09:37

Mattjos - Cantor continue to bid in size, whilst sitting on the offer. Stock actually bid all round the tracks this am, I managed to pick up 25k at 20.50 on the dip last week. Purposely rang Cantor to fill the order (who were the ones sat on the offer at 20.50). They weren't happy. They call the shots here, so I guess expect more of the same while things are quiet.

[jeanesy] 28/1/2017 11:53

Looks like we need some unexpected good news - here's hoping otherwise below 20p next week looks certain. I thought that the POG was supposed to rise into Chinese new year which is today as they all buy into it.

[brasso3] 28/1/2017 11:22

Looks like we have broken downwards on the trend line. I hope 20p holds next week. Hard to see where the next news will be now. AAZ still making big profits at the end of the day.

[homebrewruss] 28/1/2017 10:29

Bsg what's made you change your target? Is it lower production, gold price or something else?

[zhockey] 27/1/2017 12:22

Maybe a Manat chart would be useful

[bleepy] 27/1/2017 12:19

The average rate of the Azerbaijani manat against the US dollar was set at 1.9165 AZN/USD for Jan. 30 after a currency auction held by the Central Bank (CBA) on Jan. 27, said the CBA.

[bsg] 27/1/2017 09:22

I've held for 3 years, no time frame, target was £1 now 50p.

[zhockey] 26/1/2017 16:01

BSG, what is your timeframe? If you are hoping to make a quick buck then this ain't the stock!

[bsg] 26/1/2017 13:15

Gold's tanking, that's all we need.

[mattjos] 26/1/2017 08:58

That's a further 2.5% weakening of the Manat to the $ in just one day today!

[bleepy] 25/1/2017 13:55

Official exchange rate of Azerbaijan’s national currency, the manat, against the US dollar was set at 1.9068 AZN/USD for Jan. 26

[bleepy] 24/1/2017 22:25

Oops got that wrong,apologies and thanks for correction

[mattjos] 24/1/2017 21:18

Nice catch aps .. that a good sized holding you're putting together in this lull. you're catching some of us up .. & fast!
Believe it will serve you well later this year

[aps55555] 24/1/2017 20:45

Mattjos,

That was me again... I had 500k waiting at 21.50 and it is filled now... i will put in another order around 20 this week... best of luck

[mattjos] 24/1/2017 20:25

Bleepy .. that is plain wrong!The govt does not own any of AAZ.Where on earth did you get that from??250k is one of the largest single transactions in this stock for a very long time &, if as it seems a Buy then, someone is indeed being cagey and picking them up during a dull spell.

[jeanesy] 24/1/2017 18:31

Looks to me that the true spread here is 21.12 and 21.5 so shareprice is 21.375ish not 22.25. That means I make that a 250k buy at the bell ?? What are the mm's playing at?

[redtrend] 24/1/2017 17:27

It's my understanding they are not 51% govn owned, they are in a PSA with the Government, whereby once cost recovered by AAZ, the 49-51% cost recovery split will kick in to AAZ & Government respectively

[bleepy] 24/1/2017 17:08

Will azergold get to run Aaz?

Don't forget Aaz is already 51% govn owned, makes sense to build on this.

As jbravo2 has pointed out the geography makes it viable.

[jbravo2] 24/1/2017 16:56

Zhockey,

I am, of course, more than aware of that.
Indeed I have stated I don't think AAZ will get to run Chovdar.


Ooooo look that's some nice volume. Someone is very patient and buying lots when others get bored and sell up.

:)