Anglo Asian Mining Share Discussion Threads

[jbe81] 09/2/2017 11:44

Think AAZ would be in a position to pay a dividend in 2018, for now I thin they should be able to produce several sets of drilling results in 2017 that will really make the market take notice, combined with reducing debt and rising metal prices, holders will be very happy.
Am already very happy with this week gains!

[crazycoops] 09/2/2017 11:40

A resource upgrade will get this moving and I agree, surplus funds should be used on the drillbit and paying down debt rather than a dividend at this juncture.

[bumpa33] 09/2/2017 11:09

Agree there, cash on the drillbit, not on a dividend at this juncture. Good PR is easy with a company who knows what they're doing, many city PR firms are absolutely useless however - Have met too many hoorays who couldn't tie their own shoelaces let alone promote a company and its prospects.

[zhockey] 09/2/2017 10:53

I think they should spend any spare funds on drilling and not waste on a dividend.

[henwii] 09/2/2017 10:42

Have held here for a long time and for a company where the majority of shares is held by the board and only what, 35% available on the open market I think the only thing that will get this really noticed would be a small dividend. Say 2 - 3 p a share. In capital terms it would mean what £2 - 3 mil. But would certainly get noticed and better PR than a PR firm could generate. They could rap it up by saying it was a 1 off loyalty bonus for long term holders. People would look at it in a different light and indeed it would start more debate about it. More debate within the city = more coverage => more people doing research and deciding it is worth investigating further / investing in. Seems logical to me.

[bumpa33] 09/2/2017 09:50

Shame that AAZ doesn't have better PR, or any PR come to that. I know some good guys out there doing a great job for some decent AIM companies with real mgt and prospects - not the CTAG's, URU's and AFPO's of this world!

Unfortunately a lot of investors need leading by the nose to find the gems.

[mattjos] 09/2/2017 09:32

previous reaction high off 20p was 25.5p early January so, just clearing that now to suggest this move has legs.

(All of the previous reaction highs from November 16 to Jan 17, failed to exceed the prior high).


free stock charts from uk.advfn.com

[jbe81] 09/2/2017 09:09

Gold through 1250 should see more buying here and a further price rise

[jbe81] 09/2/2017 09:07

Don't think they will ever get those shares at that price, won't get them at this price either. Interesting to see if they want them.

[bumpa33] 09/2/2017 08:57

discounted bids, they'll be lucky...

[bumpa33] 09/2/2017 08:54

1m in the auction process?! That's pretty hefty. I forget this is a SEAQ stock...

[mattjos] 09/2/2017 08:51

Buyers keep showing just over 1m wanted in the auctions. Don't think I've ever seen the stock so well bid before

[bumpa33] 09/2/2017 08:43

Bid all round again this am, you can get 25k from WINS at 26.1 and that's it...

[mattjos] 08/2/2017 21:03

folk need to look at this more on the basis of production and reserves in terms of Gold Equivalent.

The Gold, Copper & Silver at Gedabek is going to provide the revenue for the company for many years to come. grades will oscillate as is the nature of mining.

Gedabek is the cornerstone of the company's assets & on which the company has been and will continue to be built. The asset is huge & will continue to give.

Ordubad, Gadir, Ugur & the other (as yet untapped) locations afford us very very significant upside.
The Russian geologists knew what they were doing & their data is quite valid.

I would suggest, given advances in mining technology, (& AAZ have been at the cutting edge of that if you think about what they did with SART) that our ability now to more effectively process the ore than the Russians ever could, actually raises the valuation of the Russian data ... just because there was not some modern reporting standard for the data then, does not invalidate what they achieved and discovered. Quite the opposite!

The stuff is there ..... all we have to do is prove it up according to the standards more widely recognised by today's market.

Gold over $1,200 gives the necessary firepower to do just that and easily meet the dwindling debt obligations
Gold over $1,300, Copper at $6,000 & Silver at $18+ & we are sitting very, very pretty. In fact, a dream for us.
Sit tight ... far more to come here in the next 6 months .. while the rest of the world collapses

[catsick] 08/2/2017 20:49

Yes Jimbowen grants presentation is very well done, He used to work for a friend of mines family office in Singapore and while his analysis is spot on he has always been a bit of a gold nutter. Our main issue now is not the price of gold but proving that we actually have enough of it ! It would be very galling for the price of gold to explode just as gedabek runs out of decent grade ore, we really need to be drilling like crazy .....

[waleoilbeefhooked] 08/2/2017 15:39

Modest volumes also impacting very positively on share price :D) WOBH .....

[mattjos] 08/2/2017 14:37

Gold very perky

[jimbowen30] 08/2/2017 14:27

I attended the Mines and money conference in December and listened to the Grant Williams presentation. It's very insight and would highly recommend everyone listens to it. Williams talks about the reaction to Donald Trump's election and joins a series of dots that may lead to the end of the petrodollar system and a new place for gold in the global monetary system. It's a must listen imo.

[jbe81] 08/2/2017 13:18

Matt, the isdx market link no longer works.

[jbe81] 08/2/2017 09:00

Gold looking set for more gains

[deanroberthunt] 08/2/2017 06:59

finally catchuing up with improving PM macro-economics

[ilostthelot] 07/2/2017 23:03

Me I want out. I'll sell the rest at 60p for a 10 bagger. Nothing wrong with selling for a profit that's what we're all here for after all.

[gutterhead] 07/2/2017 22:40

Back to the 30's for starters and hold for a while would be good.
70p would do unless landscape changes then I'll hold longer.
Gla

[zhockey] 07/2/2017 21:30

Jeanesy is not moaning cos gold and AAZ are going up :)

[mattjos] 07/2/2017 21:12

Thread seems to have gone a little weird .. gap in newsflow I presume.Anyway, as far as I am concerned this is simply doing just what I had anticipated and shown on the charts over a year ago now.Gold also doing as I had anticipated.Events in the world are also unfolding ... was convinced about BREXIT & Trump. The charts can't determine the day to day action but, as far as I am concerned the chart here has, so far, behaved impeccably.We're not on the finishing straight yet but, starting to enter the final turn. May & June this year here should prove very interesting & judging by the recent buying, others share that belief.