Anglo Asian Mining Share Discussion Threads

[mattjos] 05/1/2018 19:39

Seller is exactly matching the buyers for last few days ... price is being held at 33 intentionally.Just as it was held at 19p years ago for a couple of weeks, before it broke out.

[davidspringbank] 05/1/2018 15:23

I've just topped up with 14,991 at 33.30p and 33,009 at 33.40p. Woo hoo!

[mattjos] 05/1/2018 13:55

agreed. certainly no rationale for gold to fall back in price on that data

[jeanesy] 05/1/2018 13:31

Those figures are just out should mean that POG should move up !

[jeanesy] 05/1/2018 09:52

Volume seems to be picking up a bit. POG having a breather ahead of us payroll figures.

[jbe81] 05/1/2018 08:58

Wouldnt be surprised if we got drilling results next week, dont think they will be released with q4 results.

[cannonfodd3r] 04/1/2018 19:53

Patience will be rewarded matt!

[mattjos] 04/1/2018 19:41

Gold, cooking on gas this eve.

[brasso3] 04/1/2018 08:28

HNY Guys

Been a while since I looked in here.

Lets hope the Q4 update meets our expectations.

[mattjos] 03/1/2018 21:35

yes, been watching AAZ on Stockopedia for a while now jbravo.

Lots of analytical tools on the site.

One I like to look at is their 'Value any stock' tool.

If we look at AAZ for two sensible metrics as at today's closing price:

Tangible Book Valuation: Current sp: 33p ... Implied Value: 49.11p

Relative to Sector Valuation: Current sp: 33p ... Implied Value: 74.96p
(versus median value of peer group in Metals & Mining sector)

That might help you cyberbub.

It is hard to find a metric on which AAZ is NOT undervalued! Any you do find are based on data that is simply out of date and you'll have to wait for the FY results before they update.

[jeanesy] 03/1/2018 20:41

Production so far this winter has been carried out in very benign weather. Long may that continue in what are normally very cold conditions that do normally affect the figures in the first quarter. Temperatures have appeared to be much warmer than normal so far !!

[cyberbub] 03/1/2018 20:37

So with $45M in gross profits are people thinking AAZ could hit say 200p in the next year or so?

Look at CMCL where the whole Blanket mine is producing 50k Oz with an AISC at $930, and is valued at £120M and a broker target of pushing £200M, is that a good comparator?

[mattjos] 03/1/2018 18:27

its not easy to see the details exactly but, here is a monthly chart for AAZ since IPO.
There are actually two trend lines on here .. a red one which connects the Daily Candlestick peaks and a Purple one, which connects the Weekly Candlestick peaks.

On a monthly chart resolution though, they are so close together as to be indistinguishable

However, I think the emerging picture looks fairly clear, even if you are not a chartist / interested in TA .... the 11.5 year down trend is now on the verge of being breached & this is the month in which it looks likely to happen.

This kind of chart pattern can be classified several ways but, no matter which of the classifications you pick, the confirmed breakout from this downtrend is going to signal some very attractive target prices. I'll not go into any of the theory as it seems more than 50% of the regulars here prefer to use financial analysis .. those that are interested will see and know the targets anyway.
On both a daily and weekly basis, it has now broken out .. the monthly chart shows it is poking its head through just now ... next update should prove to be the clincher & the catalyst for the necessary volume.
Been a long, long time coming but, very close now.


free stock charts from uk.advfn.com

[jbravo2] 03/1/2018 17:22

Well gutterhead, even if he does, I won't.
Seems entirely realistic to me.

The numbers, the logic, the case. It is so strong it can't be denied!

[puntogt] 03/1/2018 17:21

If they do 65k oz GEO and if AISC is still $564 and if gold average is $1250 we could be sniffing at $45 mil generated.

Current market Cap under £39 mil or around $53 mil.

Under valued ?

[gutterhead] 03/1/2018 17:17

Jeanesy, I think you're spot on.
Eventually, the market valuations will end up right.
Sooner would be nice, but the knowledge on this board is quite confined.
The CEO has a lot of skin in the game and unusually for an AIM Boss, is putting his energy into building the company rather than talking it up.
I really get the feeling that this is going to move quickly with a little bit of momentum and good news.
80p and a 1.5p dividend, marvellous (Matt, you will prob say I am being a smidge optimistic again!)

[jbravo2] 03/1/2018 16:41

Yes the cashflow is going to be fabulous.
It's going to be very apparent to all where the dividends are going to come from.

Operating cashflow was $34m in 2016. 2017 will be better.

:)


STUPEFYINGLY CHEAP.

[mattjos] 03/1/2018 16:27

unlike most of the penniless explorers on AIM, we don't have to keep 'fluffing' the share price ahead of the next fundraising.

AAZ have been pretty consistent across the whole of the year as to their Gold Equivalent production target for the FY. Anywhere in that ballpark will have created super cashflow &, as jbravo says, we are well past the peak repayment schedule.

[jeanesy] 03/1/2018 16:18

I think some people might be nervous and are waiting for the results. We were promised according to some here an update before the end of the last quarter and that clearly hasn't happened. We have had no news for 2 months now so i can understand why we are at the price that we are despite the strength in the POG. Provided all is going as planned then the wait will be worth it. We will know soon enough!

[jbravo2] 03/1/2018 15:57

Indeed. I added in December but any buys now are tiny compared to my holding.
Still, another day, another 200+oz of gold, another few tons of copper etc etc.

:)

[mattjos] 03/1/2018 15:53

indeed jbravo ... still, I cant resist a bargain and so keep nibbling away on more.

This double bottom has a very short-term price target of 38p .. if that proves the case then, the longer term chart will be very interesting and should be obvious enough to anyone who has only a few minutes experience of TA.
It'll be a scrum by then though & should see us well onwards into the 40's, 50's and beyond

[jbravo2] 03/1/2018 15:47

Some people just don't get it matt.
You can understand why, AIM is full of shysters ripping off punters, feeding them false promises. Seeing wild share price swings in a matter of days. They're the "exciting" shares.

We on the other hand are dull...

You don't need to time your entry/exit too carefully to avoid getting stung by a share issue designed to line the pockets of the board/II's. We don't issue extra shares. How dull.

You don't need to sweat about whether we will actually make money. Profitability will only increase year on year from here. How dull.

You don't need to worry if we can afford our debt repayments. We've repaid 2/3 of it now, at the same time as investing in further plant. How dull.

You don't need to look through the accounts carefully wondering whether the assets actually exist. You can see pictures of the huge plant we now own. You can see the mine on any satellite image. You could even get Terropol to send you some pictures from when he visited. How dull.

You don't need to worry about whether we're over-valued. Revenue will be >$80m for 2017. Profit >$10m. Debt c$20m. Market cap <£40m. How dull.


It will all become more obvious as the results for year end production and debt are released in 10 days.
Too late to get the bargains then. Never mind, I've got mine, but then I'm dull.

[mattjos] 03/1/2018 15:19

blimey! Wakey, wakey people! Gold still holding well over $1,300. A lovely New Year bonus for us