Anglo Asian Mining Share Discussion Threads

[mattjos] 10/8/2017 11:16

'Loss of face' is a huge deal in Asian society ... we don't 'get' that concept so much over here but, for them, to not do something they have pledged to do is a real no-no.

If the two sides keep ratcheting up the situation against one another, he may simply go ahead on the basis that he has to, to preserve 'face' and also to prove to the USA & to the world that they genuinely have the capacity to launch a nuclear ICBM & thereby put a stop to the belief that they are not yet able.

I do hope that Trump a) has the right advisers & b) understands their advice.

It is beginning to look increasingly like a rock & hard place moment to me.

Since MAD is a universally understood concept, once he has the proven ability, it could yet prevent any reprisal attack and a reluctant acknowledgement by the West that we have to live with this now and stop threatening N.Korea.

Scary but also fascinating clash of cultures & seems very hard to predict the next move on the board.

[jeanesy] 10/8/2017 11:06

looks like some delayed buys now showing up !

[jbravo2] 10/8/2017 10:43

Ah ok. Sorry I did you an injustice there jbe.
Yes it would be a shame but he may be right yet. We all make our own decisions.
Anyway, if this does all pan out as I hope I'll see if I can find a way to send him a crate of champagne. It'll be well deserved as it is a post by zh years ago that first bought AAZ to my attention.

[jbe81] 10/8/2017 10:08

No not sarcastic, genuine question. Zhockey stated last time gold reached slightly higher than it was now it was a double top and would quickly fall to dub $1000. Was wondering if he still thought that now. At the time I had my opinion of where gold was going and it hasn't changed.

It would be very sad for someone to hold for 10 years and then miss out on huge gains from a badly timed gut feeling .

[mattjos] 10/8/2017 09:57

ditto jb.

Still more to buy though. Must hope this remains off radar until at least the JORC .. there will be plenty on ADVFN who have their morning news search terms hilite the term "JORC" for them & so I do expect that RNS (assuming it is 7am) will garner interest

[jbravo2] 10/8/2017 09:53

I've managed a few more than that but the best bit is my average is a lot lower in my ISA than in my 104 holding

[jeanesy] 10/8/2017 09:53

All very quiet today after yesterday's action and delayed trades news. Not long to wait until next news hopefully.

[mattjos] 10/8/2017 09:42

same problem for me but, last year's allowance and this year's allowance have managed to get 500k in.

[jbravo2] 10/8/2017 09:33

Yes, can't fit em all in though!

[mattjos] 10/8/2017 09:30

fwiw, only selling I have done is Bed'n'Isa which also made use of the CGT allowance.
Filled this years allowance in two tranches between 15p & 15.5p so, that got switched over at an average of 15.25p (average previous buy price on that tranche being just over 6p).

I assume you are using your ISA in some way bravo ?

[jbravo2] 10/8/2017 09:13

@matt lol I think jbe might have been being *slightly* sarcastic.



Yes it is isn't it jbe. Very interesting. You could be onto something cannon
:)

No jbe, can't afford to hold that much. Still just over 2m. Sold some last year to use CGT allowance and also sold some this year expecting when the director shares were issued they'd be available again for a cheaper price.
Buying again now. Had 75k yesterday after jeansesy highlighted the buy price for me.

[mattjos] 10/8/2017 08:43

plenty of near-term potential to keep gold bubbling upwards, I would have thought

[jbe81] 10/8/2017 08:33

Zhockey, do you see gold going sub $1000 soon?

[jbe81] 10/8/2017 08:31

Interesting thinking Cannon

[cannonfodd3r] 10/8/2017 08:05

I'm thinking this must be of interest to the gov't or whatever/whoever is behind azergold. Having two mines and the staff/facilities/knowledge would be of great value surely then they get all of the revenue not just a %age.

This would depend on reza selling and for what price, but it's cheap presently so why wouldn't they.

If they were to, then what value would be offered per share?

Just a thought

[jbe81] 09/8/2017 23:05

You must be nearing 3 per cent , jbravo

[jbravo2] 09/8/2017 22:44

The list is on the website.
From memory roughly Reza on 29, john sununu on 10 and limelight on 4. Other board members on say 3 or 4.

You can't own over 30% without making an offer for the entirety.
I also can't see how such a deal would be in the bidders interests?
And certainly not Mr sununu's.
Can't see how a board would deal with someone not declaring holdings as per the rules. No new person has yet declared 3% even.
I don't think we'll see any declaration either as I don't think any one individual owns more than 3% despite all this buying.

Buy hey, interesting thought.

[cannonfodd3r] 09/8/2017 22:08

Matt, have you got a list of those who own over the 3% threshold? Just wondering if someone is trying to amass a large holding that combined with rezas holding would give over 50.1% holding.

Was thinking on ride home that maybe it's possible that if someone amasses 20% then they will be in a position to buy reza out.

Just thinking aloud and be happy to shoot me down

[jbe81] 09/8/2017 20:05

Strong move in gold today, day to day so movements just provide buying opportunities at the moment

[jbravo2] 09/8/2017 18:03

Yeah i reckon so, the big two are actually delayed from 7th August.

[jeanesy] 09/8/2017 18:01

Massive delayed trade details

15:03:06 24.55 350,000 OK
14:26:37 22 430,000 OK
14:12:05 21.65 100,000 OK

I make that 530k sales and 350k buys.

[mattjos] 09/8/2017 17:53

Next level up is 27.375

[jbravo2] 09/8/2017 17:41

Well the only stuff that can be left is the 20k lots to 30p if they're still listed.
Didn't see any auctions today. Were they still there?

Anyway, as wrighty posted the other day. Its huge volumes which have been traded at these prices now.
Very, very strong signal and "someone" must now hold a pretty wedge!
I'll bet they'll continue to accumulate though.
Why wouldn't they?

Not so sure we'll be up tomorrow though. The buyer lets the price slide if he can, obviously. It's only when the market is buying that they're forced to raise the price to flush out extra to satisfy the dual demand.



As an intersting aside I see AzerGold are now tendering for cyanide and associated stuff.
Producing by October? :)

[mattjos] 09/8/2017 17:31

That 350k is the rump. Up tomorrow