Anglo Asian Mining Share Discussion Threads

[mattjos] 25/5/2017 08:38

See this gift horse here chaps? Don't spend too long looking, because once these results do the rounds and get more fully analysed and digested these prices will be long gone

[jbe81] 25/5/2017 08:32

AAZ doing well,gold doing well, AAZ a bargain.

[mattjos] 25/5/2017 08:09

Agreed Celeritas. What is there not to like here??Good set of results, clearly showing the business transformation.Well put together report with good management commentary. They are on top of their game here

[casabella2] 25/5/2017 08:09

Lets see what today brings.

[celeritas] 25/5/2017 07:33

Results make a mockery of the mkt cap. Should be 3x higher at least..

[casabella2] 25/5/2017 07:27

All in all results look good.

[jeanesy] 24/5/2017 17:32

Results tmw ?

[bleepy] 23/5/2017 13:23

Thoughts are with the victims, families and everybody affected by last night's atrocity in Manchester. Praise to the emergency services and those that rendered assistance as best they could in dealing with the aftermath.

[zhockey] 23/5/2017 12:49

I've been a gold bull for years but I think it's heading for a major down cycle.

[el_duderino_7885] 22/5/2017 23:03

Gold has made a series of higher lows and higher highs since the end of last year Zhockey.

It's also very close to breaking out of the pennant it is in and out of the downtrend going back to 2011!

The dollar is crashing.

This is hardly a time to be bearish gold. But we do need to break out of the pennant.

We could well be about to do that end of this month and if we do gold will shoot higher above $1,300.

It should then fall back down to kiss the top of the pennant one more time before off to $1500 later in the year.

We'll find out soon enough!

This is unless the banks can just manipulate the dollar yen higher in which case forget the charts!

I think the serious underlying weakness in the dollar will be driving everything these next few years and ultimately gold yen and therefore paper gold.

[robo15] 22/5/2017 21:20

Shockley
Why? I see a strong bounce from 1260 !!!

[zhockey] 22/5/2017 20:59

Gold about to turn hard lower IMO

[jbe81] 22/5/2017 10:17

Final results could be tomorrow

[edjge2] 22/5/2017 08:18

Not sure where this goes on Dow recovery, scaredom on FED rise unless Trump can sack Yellen? Mybe 10, what a buy thereabouts!

[2sporrans] 19/5/2017 20:31

"Miners never low grade!"

Never Zhockey?

Usually there's no good reason for it, as here and the ore has to be extracted, not driven up from a stored heap; so makes sense to either extract what comes according to the most cost efficient, planned order or maybe high grade.

[zhockey] 19/5/2017 19:06

Jeanesy, The last good news was the low AISC. Now they have moved to gold equivalents those AISCs are going to shoot up.

[jeanesy] 19/5/2017 18:35

People have been selling these for months now ! That is why the shareprice has halved from its high of 34p.The selling will stop if the company puts out a positive bit of news. It hasn't really done that for a long time.

[zhockey] 19/5/2017 17:58

From a charting perspective this looks pretty awful:

[zhockey] 19/5/2017 16:33

Miners never low grade!

[2sporrans] 19/5/2017 16:25

Seems some are still selling as these very incomplete results make the rounds.
Maybe says more about their limited understanding of the processes and reporting lags involved than the production itself.
Very good point about the low grading feed from the stockpiles JB; makes sense.

[jbravo2] 19/5/2017 09:10

The 2700 is from heap and agitation leaching.
Those are the processes that result in dore.
I'm not sure there's much to gain to go to monthly reporting. Just worry a few investors when they try different stuff out. It also is impractical to some degree now. The flotation takes a little while longer to report on. Quarterly is hardly miserly reporting.

As another point to the earlier discussion..
Of course they have different grades of sulphide ore in the stockpiles.
Who reckons they're using their best sulphide ore at the start when they're still learning about this configuration?
Who thinks they might be using the lower grades from the stockpiles at the start?

It's not rocket science is it?

[ferries5] 19/5/2017 08:10

Bill Morgan stated in his last interview that they were still trying different configurations of the stockpile ore for the flotation plant.
So would the 2700 ounces just becoming from heap leaching.
It would be a lot easier and cause less confusion if the company published its production figures monthly on its site, or issued an RNS. They have done this before
It will also be interesting what grades they discover at Gadir so they can mix it with the lower grade for agitation leaching. I think that this will be a key factor

[jbravo2] 18/5/2017 21:03

No jeanesy.
You're completely wrong.
It's 2700oz of dore.
And that's now being produced after whatever has been taken by the flotation, not before.

[jeanesy] 18/5/2017 18:28

Am I right in thinking then that April's production was less than 3000 oz ??!!! That is pretty dreadful considering they are now producing from stockpiled ore. Surely there is no excuses they can give this time - ie weather .. No wonder this has fallen sharply today. Can only seeing this going one way in the near future. The company needs to find gold at decent grades ( i agree with zhockey the grades given recently were poor ) and fast !