Anglo Asian Mining Share Discussion Threads

[cannonfodd3r] 13/10/2017 07:19

Looks like they are upto 250oz/day now doing the maths from beg of sept commencement of ugur. This is likely to continue ramping up slightly day on day but as it stands takes annual gold production to over 91,000 oz, factor in copper and silver and we're over 100,000oz equivalent

Nice

[mattjos] 13/10/2017 07:17

"The increase in gold doré production in Q3 2017 was due to the commencement of mining from Ugur in September 2017. Of the 12,221 ounces of gold and 4,381 ounces of silver produced in the quarter, 6,842 ounces of gold and 3,219 ounces of silver were produced in September 2017."!!!

[jaspoland] 13/10/2017 07:15

Let's not forget ugur was only being mined during Sept. Q4 will have all 3 months and the likelihood of increased production. Surely people will start to take notice now

[jbe81] 13/10/2017 07:10

Yep, debt figure he one that stood out to me. Shows just how much cash they are making at current prices. Opening up new mines, extensive drilling, spending on the plant and still paying $1million a month off. Going to be generating a lot more revenue as production increases from Q4 onwards.

[jaspoland] 13/10/2017 07:09

Can see net debt going below $20mil by year end if q4 hits targets. Well done aaz

[casabella2] 13/10/2017 07:07

Looks good at first read.

[brasso3] 13/10/2017 07:05

Everything going in the right direction.

Gold touching 15,000oz for the quarter.

Debt down to $25m.

[catsick] 13/10/2017 00:47

Thats pretty useless the new toshiba batteries can do 320km of charge in 6 mins which is about as long as a petrol car stays at the stand if you include going in to the shop to pay which will be automatic with ev ... but back to gold, starting to see new discoveries on our belt in georgia of copper and gold, localized finds are very important as its reasonable to truck ok grade ores 100-200 kms to our plant to process, or by installing some grinding and concentrating plant the ore can be concentrated to a point where it is feasible to truck a very long way, up to 1000 kms, have a look at the recent hum deal to put a concentration plant on another mine in the area and you will see there is value to our 200m of kit long after the pit at gedabek is done ...

[bleepy] 12/10/2017 22:08

Shell has bought NewMotion, the owner of one of Europe's largest electric car charging networks, to give its alternative fuels efforts a jolt.
Shell will install the first electric car charging points at some service stations before the end of the year. Some will offer drivers an 80% charge in just 30 minutes.

[ironstorm] 12/10/2017 19:00

Following on from the above conversation I reckon it will be good for us here.

Why I am large %-wise in small goldies.

[jaspoland] 12/10/2017 16:15

Where's jbravo2? He should be on that list

[2sporrans] 12/10/2017 16:15

Well, we can argue the toss as to where/who to apportion blame to for all sorts of woes. Don't think it solves anything though, just creates additional problems.

Methinks IronStorm may be on to something, in as far as a lot of economic and to lesser extent social stuff is cyclical in nature.
Let's hope we don't have another war in Europe then.

Come to think of it, after WW2, Blighty was left with a shed load of debts to pay the Americans and the National debt was about as high as today, in Gov't Debt : GDP terms.
Well, that got paid down over ~the 3 decades after 1945, to a level where it was of little concern. During the interim we "Never had it so good", well according to H McMillan C 1958 wasn't it?
So, can't we achieve something similar over next 20 or so years?

Hmmm. I think one important difference is, that back then the demographics were much more favourable. Initially with a plentiful supply of immigrant labour from the Empire, latterly with the birth-fest that resulted in those accursed :0) boomers boosting the workforce and tax-base[irony of ironies].
The current sway of things is to check immigration in the face of a [past 3 decades] static, now very gradually shrinking, indigenous populace; hence the rapidly aging population projections. Number of 75+ year old set to double by 2030.
No wonder Millenials, Gen. X and progeny are increasingly feeling the fiscal strain.

So, Technology + education thereof, it's up to you to save the bacon methinks.
Where's the Gov't long term strategies and bountiful funding there-of??
Oh Politicos are too busy chattering about usual short-term Peter<>Paul tinkering-for-votes and Brexit to have more than a token prod at fundamentally important stuff.

Apologies Matt but it's a bit of an impasse for AAZ today and prob. tomorrow.

[gutterhead] 12/10/2017 15:54

Back to aaz, it’s good to see the ceo and board are so committed in terms of shareholding.

Key shareholders Number of
ordinary shares Holding
percentage
Reza Vaziri 32,796,830 28.830%
Governor John Sununu 10,734,540 9.436%
Limelight industrial de 4,038,600 3.550%
Khosrow Zamani 1,418,352 1.247%
Richard Round 361,680 0.318%
Prof John Monhemius 341,890 0.301%

[jbravo2] 12/10/2017 15:30

Phew.
As a Generation X I'm pleased I can leave it to the kids.

[davidspringbank] 12/10/2017 15:20

During the past 50 years, politicians have run up enormous debts. Those debts are so massive they can never be repaid. In the late 90's, they took the immigration gates off their hinges and allowed millions of people into the country and gave them access to the benefits system. Recently, the EU invited the rest of the world to come to Europe and now they're saying there's a UK pension crisis as well as a housing crisis and the services we all enjoy are under severe pressure. Ordinary people had no say in this until we voted for Brexit. Enough is enough. Forget about baby boomers and all the rest of the rubbish and focus your attention on politicians instead.

[ironstorm] 12/10/2017 14:40

You should read up on "the Fourth Turning" which is a theory on generational change.

Some would have it, that we are halfway through a Fourth Turn! Fourth turnings are deemed as crisis points. But if I recall correctly this theory would say that it is indeed the boomers who have messed all up.

Ultimately it will be up to the Millenials to fix the problems of the age.

[gutterhead] 12/10/2017 14:19

Sid
If we are going to talk stereotypes, then you are fitting the mould perfectly.
Gen x always blame others and don’t take responsibility. They have had a much easier upbringing than previous generations.
Pls take above as a humorous comment but it illustrates the point of making sweeping comments.
Back to aaz

[sixpintsid] 12/10/2017 12:34

Being a Gen X myself I would say that it has all been screwed up by the baby boomers and pre boomers which we are now paying for.

[sportbilly1976] 12/10/2017 11:38

The issue though is people don't want to/can't afford to save.

A mix of lack of trust in financial institutions, day-to-day income pressures with current low saving amounts, Gen X/Millenials having a more 'live today' attitude are just a few considerations.

[jailbird] 12/10/2017 10:38

Yes indeed share price D.C.'s schemes are getting worse These began equal employee /employer contributions but these are much less as you state for newer ppl joining these schemes

[sportbilly1976] 12/10/2017 10:27

FS pensions outside the public sector are virtually all gone now

DC schemes don't force people to save sufficiently - the Govt opt-in scheme for example will have a max 4% E'ee and 1% E'er...I previously worked with people putting 1% in which equated to £20 a month but speaking to them they felt they 'were saving for a pension', until I asked them to calculate how much it would be at 65 and then asking them to live off that for 20 years!!

[jailbird] 12/10/2017 10:21

Ppl in final salary pension schemes will have large pension pots.But you can see Cos like BP and now BA closing down these schemes because the cost to run them is too high The newer , DC is pensions are not going to provide enough to live off for many .