Anglo Asian Mining Share Discussion Threads

[ilostthelot] 14/9/2017 11:11

Looking good chaps. Remember back in 2011 it shot up to over 80p quite quickly so quite possible to see explosive moves like that again now. I still think we will see prices north of £2 in time.

[graylyn1] 14/9/2017 11:09

Looking very exciting now, about to take off?

[mattjos] 14/9/2017 11:04

1.5% spread now ... tightest it has ever been on AAZ for 2 years

[mattjos] 14/9/2017 11:01

stack of buyers came into second part of auction and cleaned out the seller

[brasso3] 14/9/2017 10:59

35p by tomorrow I think.

[mattjos] 14/9/2017 10:56

Wins are bidding at 32p in the auction. seller only has 1733 shares left at 30p supposedly. First time that MM's are bidding in the auction above seller indicated sale price. Could get interesting soon now

[mattjos] 14/9/2017 10:42

they'll have to want on as far as I am concerned bravo. Far, fartoo cheap to sell any at this level.

[mattjos] 14/9/2017 10:37

yup, can sell a bucketload but, far less offered in the market. the time left under 32p is now dwindling away rapidly

[jbravo2] 14/9/2017 10:33

lol

Its going to move again. They want em bad!
Offering 31.25p for 100k

[jbravo2] 14/9/2017 10:27

@Fz, 2sporrans, mcfly

Thanks FZ. Yes, we spoke to Stephen about this configuration at the AGM after he suggested a future running the two lines separately. He said the limiting factor would be crushing, so as I say, it doesn't really make sense they've gone to it without removing that bottleneck, as it is a relatively cheap bottleneck to cure.

Two things.
Perhaps it is being cured. Perhaps one is on order or they're going to loan one, or perhaps they won't run this configuration for long.

What is clear is there is no point dual treating Ugur ore alone as it has no copper. I guess theres no point leaving the flotation idle so they'll be treating the high copper lower gold sulphide ore from stockpile in flotation for now.

Its a great problem to have anyway.




@jeanesy
Sure there have been some new names here but don't overplay it. The number of posts and new names here compared to those on the get rich quick shares is tiny.
Of course they're usually shares around 1p in value and have a history of issuing more shares. People think its great though as they can own tens of millions of shares for £100
The opposite is true here. Perverse that that actually puts off some people, but then the average level of intelligence on those boards is fairly low.




Nothing available. Need sellers or this is gonna move some more. Last few shares at 31p before another move up.
Matt is prob right 34p is the breakout point.

Edit: its moved as I was typing. Well done to those who got the last of them

[graylyn1] 14/9/2017 10:19

Looking good! And still way under priced imo.

[brasso3] 14/9/2017 10:19

Cannot even buy £3k online at present.

Can sell as many as you like.

[mcfly79] 14/9/2017 10:18

Thanks Friendzarin,Hopefully at proactive we'll get clarification on the plan for the next few years and how crushing capacity plays into that.

[jbe81] 14/9/2017 10:17

Thinks will get really interesting when the stock has gone in the auction and with interins next week

[stealive] 14/9/2017 09:59

It will be hard to buy any quantity soon.

[mattjos] 14/9/2017 09:59

welcome back Joey

[sportbilly1976] 14/9/2017 09:57

From a purely technical perspective - the chart is forming a huge cup & handle at 34p (going back to late 2013)

price targets based PURELY on this - depth of cup + price at rim = using the lows from 2015/2016 would indicate a target of 64p

[joey wilson] 14/9/2017 09:37

Lurking..... Back in. 2 small trades. I really believe in this Company. Could not resist. Hoping it breaks 34p soon. JW.

[friendzarin] 14/9/2017 09:35

Welcome aboard McFly. I think I'll be going to Proactive as my trip into town is only 30 minutes.

re the point you refer to re the crusher this was something discussed with Stephen Whitehead after the AGM. I think you'll find that JB made reference to this about that time. (With due respects to JB)if you look at his posts 7792 and 7778 for instance you'll find reference.

Without Stephen being specific it was my impression that the crusher was identified as a potential pinch point and if it became a limiting factor it would probably get addressed at that stage.(JMHO)

[mcfly79] 14/9/2017 09:05

Thanks 2Sporrans,Looks like crushing capacity could be the issue. Something to check at proactive.

[bleepy] 14/9/2017 08:38

Tesla is likely to unveil its electric articulated lorry in October, chief executive Elon Musk said on Thursday.
The entrepreneur has excited the trucking industry with the prospect of a battery-powered, heavy duty vehicle that can compete with conventional diesels.


These large lorries will need larger electric motors and infrastructure than cars. The emerging growth of EV's for personal, commercial and industrial use will place huge demand on copper.

An update on Bittibulag and its copper mineralisation would be more than welcome.

[mattjos] 13/9/2017 22:56

Bittibulag is coming up with increasing frequency .. from memory, if you go way, way back on the III thread for AAZ you will see a great deal of info on Bittibulag from a poster called FundFemale .. she visited Gedabek several years ago & is still a holder .. I am lead to believe she took on a lot more stock to add to her holding around the 4p lows.
Fundfemale .. if you are lurking here, I hope you are well & enjoying the ride now .. must have been tough holding throughout the Bashirov selling period & then adding a shedload more but, you should be ok now.

[pjmurf] 13/9/2017 22:55

People are fickle the cash will out

[pjmurf] 13/9/2017 22:53

Stay calm. Interims will not reflect the last few weeks. Still good but perhaps not market changing. Anyone in even now on a winner.

[mattjos] 13/9/2017 22:49

I'm told that the new BARC trading platform has a box enabling you to publish your limit orders ... very good.

So, my advice is watch the pre-market auctions and the intra-day auctions carefully from start to finish.
The Auction is a 2-stage process .. in the first stage the seller is persistently displaying how many and at what price he is prepared to sell stock at. Soon as you see that, if you want to get in the auction, put in your limit buy order and instruct that the trade is published.
In the second stage of the auction, this is where the buyer is usually appearing more positively, often increasing his buy limit from Stage 1 in an effort to match up with the seller ... if they meet up, that's the UT (Uncrossing Price & associated volume).

At times the buyer has tried to show he wants the price lower and has signalled his buy price at below the MM's bid price in the auction .. when he does this, there is no Uncrossing Trade but, often the online buying keeps on and on from the PI's .. this must be infuriating the MM's just now. I imagine they want this over with as much as everyone else .. they are being forced to make a market at a price much lower than they really want, imo.
They'll have to be buyers themselves in the auction soon, if they are not already.