Anglo Asian Mining Share Discussion Threads

[zhockey] 12/9/2017 16:31

For anyone that's interested I would recommend you take a good look at EUA. Reminds me of AAZ at 4p.

[jeanesy] 12/9/2017 07:23

I am not so sure this is as under the radar as you think Mattjos. There has been lots of new posters here recently which tells me people are starting to take an interest. I was originally expecting news to be out yesterday, but with RNS on paper out yesterday perhaps it will be next week now. Lets hope the results are as good as we are hoping and all is going as planned with Ugur .. please !

[mattjos] 11/9/2017 22:09

The company plans and John Monhemius work is all based on $1,200 Gold & $6,000 copper.A pause before taking out $1,350 on gold is hardly a concern for us!We remain completely under the radar of 99% of investors .. suits me for now. the next results (imminent) and FY figures will put this firmly in the spotlight. Once the debt falls to $10m and therefore payable in 12 months or less, more will home in on this, like moths to a light.We now merit as a 'Superstock' on Stockopedia.30p is always a major hurdle to overcome ... not sure why, but it's just one of those numbers which is a real barrier. The longer this spends jiggling about just below that level, with buyers taking up the loose stock, the greater the move will be once that level is taken out. Patience chaps, the company is going great guns. Now the news is out there, SPAngel need to get a note out, pdq.

[sh0wmethemoney] 11/9/2017 20:51

Gold taken a bit of a hit this evening, potential top up opportunity tmz?

[mattjos] 11/9/2017 17:54

Lol .. good one

[cannonfodd3r] 11/9/2017 16:07

At least you got 11

[mattjos] 11/9/2017 14:24

am trying but not being given any in the auctions. there is competition at 29p

[robo15] 11/9/2017 14:17

40ks. Shares traded and nearly 5% knocked off share price
Shouldn't you be hoovering these up Matt ?

[mattjos] 11/9/2017 13:55

looks to me like the Broker has advised the company they should have RNS'd this as it is financially relevant data

[jbe81] 11/9/2017 12:39

SP normally takes about 3 days to move up after a +ve RNS. Could have interims before then

[celeritas] 11/9/2017 12:09

Hardly anyone would have seen that news other than visitors to this thread, hopefully its now pointed out to a few more.

Main points

In 2015, a flotation plant was added to treat
the tailings from the agitation leach plant before the tails are sent to the tailings dam. This plant produces a copper sulphide flotation concentrate and also recovers some of the residual gold and silver in the tailings.
Since February 2017, due to lower grades of gold and higher copper in the feed ore, the decision was taken to alter the flow sheet and to carry out flotation ahead of agitation leaching, to reduce the cyanide
consumption during leaching by removing soluble copper minerals. The paper compares and contrasts the performance of the plant in the two configurations, namely, (i) leaching followed by flotation and (ii) flotation followed by leaching.

Using the data in the Tables above, together with current metal and cyanide prices (i.e. Au = $1200/oz, Ag = $18/oz, Cu = $6000/ton and NaCN = $1.80/kg), it can be calculated that the extra revenue created by changing the plant configuration at Gedabek from (L+F) to (F+L), for an ore feed with an analysis similar to that given in Table 1, amounts to about $20,000/day, or over $7 million per year.


CONCLUSIONS
Flotation of the Gedabek copper-gold ore ahead of cyanide leaching, compared with leaching before flotation, increases the recovery of copper by about 20% and decreases the consumption of cyanide during leaching by about 18%. There are also small increases in the overall recoveries of gold and silver. The quantity of the flotation concentrate is increased by about 55%; the copper contents of the concentrates are similar in both cases, but the gold content is increased by about one third. The decreased cyanide consumption and increased metal recoveries have a significant effect on the process economics, leading to
an increase in annual revenues of several million dollars

[jbe81] 11/9/2017 10:02

RNS with Matt's big news from a couple of weeks ago, doesn't look like AAZ want to spell out the good news, prefer a treasure hunt like Matt ;)

[graylyn1] 11/9/2017 09:53

Games going on here, no reason for price drop already cheap imo.

[gutterhead] 11/9/2017 08:20

Would prefer debt to be paid down

[celeritas] 10/9/2017 22:43

Hardly any shares in issue so won't cost much at all, savings on the water treatment plant will more than cover it. Never mind the savings being connected to the electricity grid.

[thomas11] 10/9/2017 22:32

I think a divi is the absolutely last thing they'll be thinking of , they still need to develop Ordubad, if you have a look at the IPO this is where the big money is to be made. They will need a big capex to fund that, can' t throw money away just yet!

[celeritas] 10/9/2017 22:24

I think a dividend has been muted, shouldn't take much doing now with the way things are going.

[wrighty46] 10/9/2017 18:55

That would be good. Got nearly all mine inside my isa now but would like a few more, nowhere near matts million though. Hope he leaves a few for me around this price.

[jbravo2] 10/9/2017 18:37

Interesting?



Another article behind trend paywall. Does the it add anything else matt? I think you have access?


@wrighty: I'd guess 18 months

[wrighty46] 10/9/2017 18:23

Not in till Wednesday, thanks Matt and all for your posts here. Been here a while and certainly looking forward to the next 18 months or so. What are people's thoughts on possible dividends going forward. If they went down that route. 2 to 3 years time maybe?

[wrighty46] 10/9/2017 18:20

Hoping we don't get news for another week or so. Have decided to continue buying next week although fresh funds t

[mattjos] 10/9/2017 17:28

This is really going to turn the Auto industry upside down and further accelerate the demand for Copper to build out the charging infrastructure and for EV motors.



I believe we will also see Silver demand increase hugely as it is used in solar power and China + rest of the world will have to really step up solar development in efforts to ensure there is actually the electricity necessary to power EV's

[mattjos] 09/9/2017 17:06

If anyone here is interested in Elliot Waves and their targets, here is how I see Gold just now:


free stock charts from uk.advfn.com

[mattjos] 09/9/2017 13:21

yes, I've been watching how the buyer behaves jbravo. he is being cagey at present & using after hours & auctions to get his stock so, suggests he is something other than an online PI but, will know like everyone else that the sellers stock is being taken on & now the MM's are bidding virtually at the sellers minimum sell price as they too need to acquire stock to provide online liquidity.

Have asked broker to discover source of stock (think its share price Angel) & enquire if they will simply sell in one lump & stop all this arsing about.

It will be very interesting to see what happens once the bid gets to 34p