Anglo Asian Mining Share Discussion Threads

[mattjos] 21/12/2017 10:55

Quite why you would leave 3,125 shares for sale at 31p in the auction, when the Bid is already 31p is beyond me.

[wrighty46] 21/12/2017 10:08

Should get some strong indicators in the January figures what production could be for 2018, company don't normally commit to a forecast until the April update. Really don't know if we will get this proposed works plan update before year end. It would be good to get it before year end just to prove they are sticking to timescales on scheduled news. Skinny market or not. January is the one for me personally. GLA

[jaspoland] 21/12/2017 09:48

I'm just waiting for those magical words that they expect to hit 100,000 AuEqOZ for next year. Clock is ticking

[jbe81] 21/12/2017 09:30

Only thing missing here is creating a serious demand for the shares. As soon as that happens(should be January) we will see a proper rerating. Looks like I might be a month out with my end of year share price prediction.

[celeritas] 21/12/2017 09:28

Yeah it is tight to buy today.

[jbe81] 21/12/2017 09:19

Cant even buy 10000 online

[bleepy] 21/12/2017 07:08

Extract from last update....

26 October 2017

Anglo Asian Mining plc
Exploration and Development Activity Update

The Gedabek contract area hosts many targets of different styles of mineralisation, which are being assessed in order to prioritise future exploration programmes. It is planned to prepare an annual three year work programme to dovetail into the Company's gold and copper production profile. This demonstrates the geological opportunities available to the Company for further evaluation. Further information regarding exploration programmes during 2018 and beyond will be announced by the end of Q4 2017.

[catsick] 21/12/2017 05:40

Basically zero volume going through markets shut for xmass, I am done for the year and enjoying the snow in Hakuba, I am guessing its best to hold off any update until the mid jan q4 announcement , I think it is quite likely they will be blow out results with the first full quarter of ungar where they will be mining the cream of the crop, some holes averaged 5g over the whole 34m so they could be looking at 150k tons of 3-4g stuff straight into the ag leach, production will be much higher with total cash costs little changed so potentially a cash bonanza !!

[puntogt] 20/12/2017 22:12

I have a feeling some of the buys my be sells.

[jeanesy] 20/12/2017 16:57

Price did move down when only buys have appeared. Looks like you timed your buy quite well considering the move up this morning.

[jaspoland] 20/12/2017 16:53

Jeanesy, Why? Could easily be mm's playing games and looking to get some shares from weak holders. Won't work with most on this board. I took the opportunity to have another 20k. Gold looking better and news coming.

[jeanesy] 20/12/2017 16:40

Strange price moves today. I expect to see a larger delayed sell later, although it did move up quite a bit yesterday on not that many buys. Come to think of it there is normally quite a lot of volatility during thin trading hours over Xmas, perhaps it has started early.

[robo15] 20/12/2017 16:37

Let's hope rns comes in the new year and
Not in the dead days after Xmas !!

[jbe81] 20/12/2017 12:27

Will be interesting to see how many are waiting on the sidelines ready to get in. No doubt a good buy at these levels but some will be waiting for it to start to move before they press buy.

[davidspringbank] 20/12/2017 12:14

I have traded this before from the 20's to the 30's and made some money on a fast run-up, but now I am looking more to the future and am a firm holder. If I look at the long term chart, I see cups and handles all over the place, but there is one massive cup and handle playing out in the header right now that will lead to much higher prices. It's there for all to see.

If I put that to one side, my information and research on the prospects for precious metals (including copper, etc) boosted by inflation in the financial system is very encouraging. Experts are on about a gold price of 1400 - 1500 by the end of 2018. That would put us in the foothills looking at Everest.

So I think this is a pretty good time to accumulate.

[gutterhead] 20/12/2017 11:53

Good move Matt, some time soon this should pop

[jailbird] 20/12/2017 09:47

Lol.. you have a point

[mattjos] 20/12/2017 09:46

can't another one that is as compelling as this one jailbird.

I just can't see reasons why this should not be valued at £50m+ mkt cap right now. Let alone the potential for a much, much higher valuation during the course of 2018

[jailbird] 20/12/2017 09:43

MattjosI think you are already overloaded hereI think you put some of your eggs in another stock ?

[mattjos] 20/12/2017 09:39

added a few more this morning

[davidspringbank] 19/12/2017 10:59

jbravo

I haven't got a big hat, as in a 10 gallon cowboy hat, but I do have my old oilfield safety helmet made out of plastic. You'd need teeth like Jaws to eat it, but you're welcome to try!

[mattjos] 19/12/2017 09:46

Reza said he would update by the year end so, that is exactly what I expect him to do

[jbravo2] 19/12/2017 08:36

Hoping they save it all til the New Year. Would rather all released in the weeks around end of year data now

[wrighty46] 19/12/2017 07:57

That's my thinking as well. Hoping for news before Xmas break. Tomorrow would be good please bod.

[cannonfodd3r] 19/12/2017 07:37

Well I'm going to guess that We're producing over 300oz/day now as the first data after a few days suggested 212oz day I seem to remember and everything will be fine tuned now so c9,000 oz per month which would take us over the 100k oz/year which would be fantastic and bring costs per oz down no end!