Anglo Asian Mining Share Discussion Threads

[terropol] 03/11/2017 22:40

I get the share price notes. Not seen that one....must be old

[ferries5] 03/11/2017 19:29

The note does seem historic and it did not come from a well established source .

Though dated 2nd Nov it does not state which year and the 25p target does ring bells from previous notes
A unintentional or intentional mistake by the authors .
I should have read it more carefully before posting

[celeritas] 03/11/2017 15:53

You are better off here than listening to share price Angel. I find them just about completely irrelevant.

[jaspoland] 03/11/2017 15:31

Has anyone thought it could be the paper itself that has made the mistake? Do we know if share price Angel issued a broker notice yesterday?
The info contained is not accurate if issued yesterday.

[obbig60] 03/11/2017 15:22

No it's a historical note!

[robo15] 03/11/2017 15:14

This is an historic note

[jeanesy] 03/11/2017 15:08

They really are a waste of space. I have written to Bill Morgan about them. He is currently on holiday but says he will reply next week. I will update on here

[ferries5] 03/11/2017 15:05

Its dated 2nd Nov . but it does look old. share price angel only have a hold on it at the moment. last time they updated was 17/1 2017

[friendzarin] 03/11/2017 15:00

Ferries
How current is this. None of it looks relevant re figures quoted ..is this just old news ?

[jeanesy] 03/11/2017 14:58

Does anyone know what the report says ? What price is that in good old english pence?

[ferries5] 03/11/2017 14:36

Anglo Asian Mining Plc logoAnglo Asian Mining Plc (LON:AAZ) had its target price boosted by share price Angel from GBX 21 ($0.26) to GBX 25 ($0.31) in a research report sent to investors on Thursday morning. The firm currently has a buy rating on the stock.

Anglo Asian Mining Plc (LON:AAZ) opened at 18.60 on Thursday. The company’s market capitalization is GBX 20.95 million. Anglo Asian Mining Plc has a 52-week low of GBX 3.77 and a 52-week high of GBX 21.88. The stock’s 50 day moving average price is GBX 16.45 and its 200-day moving average price is GBX 13.62.

[mattjos] 03/11/2017 14:05

quite a decent stock churn going on within the spread while its quiet

[bleepy] 03/11/2017 12:53

Steady at a fast pace is the tone of the last rns, mild weather should see excellent progress across exploration, development and processing (including stockpiling).
The last link to Aaz crusher pic shows a crusher in situ, let’s hope that is the case.
Just 7wks to Xmas as mentioned and news, news and some.....expected.

[jeanesy] 03/11/2017 12:30

Another plus at the moment is that the weather is still very mild in the region, so exploration and drilling should still be ongoing. All seems very quiet today.. Steady as she goes

[bleepy] 03/11/2017 10:55

2s
The Russians would gain enormously if the Karabakh conflict was settled as Armenia has become one of their satellites. Armenia would attract huge investment from Neighboring countries as well as from the west. Given most of Armenia is financed and heavily invested by Russia, it will be win win for them, more so if rail/road transport opened up Armenia via neighbouring countries.

[mattjos] 03/11/2017 10:31

markets have been totally dead last two weeks ... last week was Half-Term and this week has been All Saints Day in Europe with most people taking at least one day off .. many add extra bridge days and have Wed-Fri off.
+ we've had the 'will they, won't they' interest rate decision this week.
USA has of course also had Halloween.

Someone here has taken advantage of the lull in trading and taken on some decent volume of stock by the looks of it.

Things should get back to normal next week.

Meantime we'll have been processing the Ugur ore throughout and been averaging over $1,270/oz since August and good price for Copper also.

Just another 7 weeks for the year / this quarter left now and still several key points on which we should expect some further news.
Crusher?
Refinancing?
Exploration?

[2sporrans] 03/11/2017 10:08

"Erdogan, Putin to mull Karabakh conflict's settlement"

Good find Bleepy.
Not looked into this yet but hope to soon.

On the pipelines issue, though obvious Turkey will benefit from these, not so clear to me the Russkies will.
Basically, they are exporting Azerzi gas [+some crude via Black Sea] from the large Caspian fields into the European pipe-network.
Not Russian gas/oil though. [There was an issue with main Russian Gas pipelines going across Ukraine to W. Europe; substitutes now run to the North.]
But accept that greater stability, investment, trade and more boons should ensue from any settlement of the NK question.

Would also unlock 2 of AAZ's main prospect areas [in NK disputed territory] for explo./dev.
Potential game changer.

[jbe81] 03/11/2017 09:55

Clearly someone is selling and there is a buyer mopping them up. The spread, MMs have got to make a living ;)

[2sporrans] 03/11/2017 09:52

Good question misterdeb.

JB has v. recently elicited a dummy sell quote for 30.7p; I just teased out a buy price for 32.2p
So, the spread, right now, does indeed seem wide.

Reason I checked though was as I was curious about the 2 * 250k buys at 31.375p as these are very substantial purchases by standard of AAZ.
31.375 was only marginally the 30<>32.5 spread midpoint I think was proffered at the time.
Was this something negotiated with a broker; maybe some kind of matched buy and sell 'bargain', in one of the auctions perhaps?
Others here know more about this stuff than I + have L2 to give insight.

[jbe81] 03/11/2017 09:12

31p is a sell I think. You can now sell 50k for 30.7p.

[jeanesy] 03/11/2017 08:53

Still no sign of those sell trades yet. I see what i think is a buy at 31p which is below mid.

[jbe81] 03/11/2017 08:45

Bought some more, not showing yet, not expecting fireworks until the seller is cleared or unless gold pops this afternoon. The buyer could own a fair chunk of the company by now.

[jeanesy] 02/11/2017 15:21

I agree that there must be a seller in the background but there has been a large ammount of buys recently as opposed to sells when they are weighed up. We will see what delayed sells there over time .

[misterdeb] 02/11/2017 15:09

Only a question why is the spread so big when there has been circa £500K of trades between the seller and buyer?

[jbravo2] 02/11/2017 15:00

@jeanesy
Price hasn't moved as a seller is clearly happy offloading, as much as the buyer is happy to take 'em all. The buyer is very patient and waits for holders to get bored or til they can't wait to cash in their gains. A clever game.
I guess we'll see further delayed sells in the coming hours/days to account for the supply same as earlier this week.