Anglo Asian Mining Share Discussion Threads

[wrighty46] 16/1/2018 07:47

Pivotal, well done aam. I still get it, will the market? GLA

[gutterhead] 16/1/2018 07:40

Q4 excellent, work done on time, all future tasks on schedule, debt reducing, lets see how quickly the market react. well done aaz management

[catsick] 16/1/2018 07:38

Paid down 7m of debt with lower than current gold prices over the quarter while bringing on the water treatment plant and tailings dam improvements, with current gold price they can just about clear all the debt and be net cash by end june !

[mad foetus] 16/1/2018 07:34

Looks very good indeed. I think there are some similarities to GFM, in that very soon we could have an expanding miner with zero debt chucking off lots of cash. The market doesn't see that often.

[tradeforce] 16/1/2018 07:32

If the did 100k+ GEO does that not mean that next year they could reduce debt to zero and still have multiples of the current share price in the bank to start paying significant dividends?

Or am I being a bit simplistic and stupid?

[ilostthelot] 16/1/2018 07:32

Delightful jbravo 😊

[ilostthelot] 16/1/2018 07:31

Wow. +20% day potentially the market will rerate now ~ great update , one of the best.

[jbravo2] 16/1/2018 07:29

Dear AIM gold companies,


This is how you treat shareholders.
You don't issue endless shares at reducing prices. You actually make money.

Well done Reza. Well done all at AAZ

[jbravo2] 16/1/2018 07:28

That reduction in debt is fabulous.
The production for Q4 is brilliant.
The possibility of c100k GEO in 2018 is tantalising
Dam wall done too.
Crusher expansion timeline confirmed for Q2.
Odds for flotation expansion this year too??

:)

[killary cunton] 16/1/2018 07:26

Well done management

[friendzarin] 16/1/2018 07:20

Congrats to RV and all involved. These figures show how amazing the achievement has been in 2017...and the massive potential for 2018.

[jeanesy] 16/1/2018 07:18

Production at top end of expectations..debt coming down nicely... very good. Not got much chance to fully digest other news but all looks good at first glance. I suppose the sell on news brigade will follow !! Not me though !!

[jbe81] 16/1/2018 07:13

Looks like 2018 should be 100k+ GEO

[jaspoland] 16/1/2018 07:10

Even my 22k GEO q4 was beaten ;)

[jaspoland] 16/1/2018 07:06

Wow. Well done AAZ

[cannonfodd3r] 16/1/2018 05:38

The daily gold chart looks like it's just got its pulse back

[jeanesy] 15/1/2018 19:33

Let's hope the news is tmw. It's been a long time since we heard anything, and its time to see if everything is on track !! We are all agreed that their broker is pretty hopeless. Can't understand why they are still with them ?

[davidspringbank] 15/1/2018 18:40

They can shake the tree as much as they want, but they ain't getting any of mine. I'm buying weakness.

[crazycoops] 15/1/2018 18:07

The company choose which firm to appoint as house broker. Maybe time for AAZ to move up the value chain. This feels like an inflection point for the company's prospects, so a good time to upgrade their broker IMHO.

[gutterhead] 15/1/2018 17:36

They, share price angel, really are useless.
Gold touching $1340
Looking forward to tomorrow

[mattjos] 15/1/2018 14:57

unless I am missing something, share price Angel's coverage has not been updated since Jan 2017 when they set a target price of 22p.

Share price now virtually double that target and still they have done nada in terms of updated coverage.

Not that I am surprised in any way .. they were miles behind the downward curve on share price targets from 2012 to 2016 despite knowing that Bashirov was a seller.

They've been miles behind the upward curve from 2016 to today & that is despite recently visiting Gedabek & seeing for themselves the scale and development of the operations there.

Compare to someone like GFM and how Cantor Fitzgerald have continually upped their price targets through the course of last year.

I cant be bothered to dig the note out as it is clearly way out of date but, from memory, they were working off $1,250 gold, $6,500 Copper & $16 Silver.
I think they issued some sort of analysis once Ugur came on-stream but, declined to alter their target price until they got more data.

Tomorrow should give us the necessary data for a full Quarter production from Ugur and in the weeks ahead we'll get more data on whether or not Ugur extends laterally or vertically + more on the Gadir/Gedabek intersection etc.

They'll need to pull their finger out if they are to finally get ahead of the curve with regards a target price else, remain way out of touch.