Anglo Asian Mining Share Discussion Threads

[mattjos] 12/1/2018 11:57

Want this red today & Monday pls.Update is 16th in my bookWe want it falling into the news, not rising

[mattjos] 12/1/2018 11:01

$1650 Gold now very much on the cards, imo

[callmebwana] 12/1/2018 10:48

LOL. Edjge2. Good to see you here mate.

[bleepy] 12/1/2018 10:48

Would like to see pre bashirov selling of 54p before any news release. As Mattjos pointed out we are way way ahead on so many levels since those days that we should be challenging 80p at this point. I expect up and coming news flow to consolidate 80p and challenge 130p with the added bonus of continued rise in pm’s and copper prices.

[edjge2] 12/1/2018 10:34

gold 1330 odd so next brief stop 1335, every little helps. Maybe 60p not a problem here with news to come?
Terrapol you got it in one!
I sold a whole load of these at 15p when frightened out by 'experts' some time ago. Would have had double bubble if held and ignored them! So beware.
Chartwise looks like consolidation and breakout from pent up buys.
With gold in liftoff and good propects will not sell this anytime soon.

[terropol] 12/1/2018 09:48

Brasso3, I would not take much notice from so called Experts. They are all just guessing.
We are Experts as much as they are.

[brasso3] 12/1/2018 09:44

Gold at $1332. Alot of the so called experts have been talking about $1325 as a critical level.

[jbe81] 12/1/2018 09:24

Would expect plenty of buying this afternoon.

[jbravo2] 12/1/2018 09:23

Agree catsick.
Its been a bit harder to get quotes this week.
When I bought my 25k earlier this week I just had to bung in the order and cross fingers. It usually get filled if you're prepared to pay top of the spread at the time.
Seems like they're nervous on both sides now though as cant get quotes to sell either. They were happy to offer prices for 100k at points the last couple of days.

They probably are just playing it safe after the last three days.

[catsick] 12/1/2018 09:17

I think the market makers are just tooooo scared to quote at the mom , bwaaa ha ha

[yasx] 12/1/2018 09:16

Mattjos - excellent notes.

[friendzarin] 12/1/2018 09:15

Matt. Great posts many thanks.

re the reserves fwiw. Petrugazin made a great post a little while back which touches on why perhaps AAZ reserves position is as declared after all this time and quite modest when you consider the info in the Management Summary of the IPO document. I'll reproduce it below and trust Petrugazin is o k with this.New entrants may find it an interesting slant on this area.

petrusgazin - 19 Oct 2017 - 05:55:45 - 9681 of 10606

May be worth thinking a bit about the miners from Australia and Canada who need to raise lots of cash and can only do so by highlighting the millions of ounces that they might have, AAZ have to be careful if they announced they might have found 5 million ounces somewhere they may quickly find that it is awarded to somebody else ! The experience they have had before means it is much better to just find the gold they need for the next few years production rather than have a claim of a massive find to make a target of the find ... They have lots of gold in the claims they hold, proving up too much may not be the best long term plan ...

[catsick] 12/1/2018 08:59

Are these suspended ? I am putting in dummy trades to see where the market is but getting odd messages ..... cant complain tho ...

[catsick] 12/1/2018 07:59

Still no news , recent nugget is only the loan from reza rolling, the lower rate would imply to me that its much easier for them to borrow on better terms, given the cash they are now generating and the prospect at some point of the tax take going up I suspect they will be looking for some new capex spend, maybe trying to open up mining in ordubad or a huge exploration push, cant wait for the update ....

[return_of_the_apeman] 12/1/2018 07:53

Reiteration of this older post, gold to hit 1700, who knows

[jbe81] 12/1/2018 07:08

Gold continuing its rise, hit $1330 overnight.

[return_of_the_apeman] 12/1/2018 06:01

Mattjos,

Thanks for taking the time to write your detailed posts, I am enjoying reading them.

[sh0wmethemoney] 11/1/2018 22:20

Good few days, long may it continue! Hopefully just the start of a long run up during 2018, stay strong and hold them shares tight lads!

[celeritas] 11/1/2018 21:55

Why is news expected Monday, could be any day now but most likely next week.

[jeanesy] 11/1/2018 19:42

Wow , just got in from work. Cant believe this touched 42p today. Looks like many new PI's have discovered AAz . Tomorrow could be interesting before the expected news monday. They have a lot to live up to now, so the results will hopefully be as good as we hope them to be. !!

[zhockey] 11/1/2018 17:56

Cheers Matt, I remain unconvinced on the fundamentals here but the Market thinks otherwise.

[jbravo2] 11/1/2018 17:53

ht tps://simplywall.st/stocks/gb/materials/aim-aaz/anglo-asian-mining-shares/news/who-are-the-top-investors-in-anglo-asian-mining-plc-lonaaz/

Computer generated article fails to highlight meeeeeeeeeeeeee!
:)

[jbravo2] 11/1/2018 17:46

I don't think 22k is too ambitious but it is difficult to know.
We don't know how rich the stacked sulphide ore is and they're clearly limited by the crushing/milling capacity when running two lines. Also lets not forget its another first go at another configuration of plant. Valuable experience for when we have more crushing.

Anything over 20k is very very good, so 10% above that would be truly wonderful.