Anglo Asian Mining Share Discussion Threads

[djj2014] 19/1/2018 12:40

Regard ii and their platform, you ought to read the Trustpilot reviews to get an idea of the problems.

[gutterhead] 19/1/2018 12:37

Thanks Terropol, its very annoying as becoming regular

[terropol] 19/1/2018 12:29

GUTTERHEAD, Mine just went off the screens. Will now try to log on again.
The merging with III looks to be giving some problems...Their Advanced platform also not been working fully for a wile. Thompson working on it.

[terropol] 19/1/2018 12:25

BUDVAN, I would say 95% Chance.

[gutterhead] 19/1/2018 12:24

anyone struggling to get into TD/Interactive platform?

[budvan] 19/1/2018 12:12

What you guys think about divident?
Do you think that we will be getting divident soon?

[jbravo2] 19/1/2018 12:01

Of course the company MAY be worth more than that, but that is yet to be demonstrated and seen to fruition.
If someone were to buy the company they would take on that risk and that deserves some discount.
£1.50 would be a fair price in my book for how the company sits at the moment. (I'd even take £1.30 for my shares, but that's just me!)

[celeritas] 19/1/2018 11:56

You wouldn't take 150p if the share price was near 150p.
I also think 150p is cheap. I know some expect 300p+ especially with the aggressive rolling 3 year exploration to come.
Yeah from this position 150p sounds great but the company is worth more than that which is why as Bravo says there's interest.

[mattjos] 19/1/2018 11:47

too cheap Terropol .. much, much too cheap. I understand the attraction of course :-)

Agree catsick. Would much rather they target 80koz Gold equivalent and then over deliver by the year end. Always a bit of a lottery anyway trying to forecast Q1 production as the weather is such a factor.

Knowing Reza, they will get the new crusher there & switched on ahead of forecast.

3 year exploration programme and a tailings dam raise for another 3 years of production clearly sends the message that Reza is very much in this for the long term still.

[jbravo2] 19/1/2018 11:45

ha ha ha. Yes I think its safe to say I'd support £1.50!!!!!!!
I'm not sure my legs would support me though :D

[jbe81] 19/1/2018 11:41

Being told you are getting £1.50 a share wouldn’t be the end of the world though .

[catsick] 19/1/2018 11:38

I think the target is going to be around 80k , while that sounds low I think they will be cautious and also not sure how long the ore from ugur will be maintained at over 3g at ton, I think the will go for the cream first and as time goes on grades will drop, but have no idea when that will be, if the new crusher is commissioned then maybe the extra copper will offset, but either way I think we will get a lot of new info to absorb ....

[terropol] 19/1/2018 11:35

I am assuming JBRAVO, should that ever be the case, Our CEO would have the support of this BB holders?
Say at list 10% of share totals, making it 50% of equity.
If I got offered £1.50 for my holding I would say YES YES YES please.

[jbravo2] 19/1/2018 11:29

Jaspo, if someone was to offer for the company it is clear they would need Reza and John's support. They hold 40%. Nothing would get past that without their say so

[jaspoland] 19/1/2018 11:25

Jbravo2. You've alluded to someone building a position for a while now. Do you believe their aim is to make an offer for the company? Obviously Reza's 29% is key and he holds all the cards if it is to happen or not.

[jbe81] 19/1/2018 11:23

Am sure they would take your holding if you want to sell jbravo?!

[jbravo2] 19/1/2018 11:18

So he's getting his stock from the auction today eh? Ever changing tactics. Has the seller finally realised they can offload without needing to take decreasing prices as they did two days ago? I find it hard to believe they're switched on enough to catch on to that but not switched on enough to realise what is going on.
Anyway...


Yes 100k is definitely possible. More than. I'd still like for the forecast to be in the 90k area. That is healthy enough an increase and can then be smashed. Revise up the target during the year if necessary providing more positive news through the year.

[jbe81] 19/1/2018 11:00

Lots of buying in the auction today

[bleepy] 19/1/2018 10:45

"Anglo Asian is continuing to lay the foundations for long term sustainable production growth and to deliver value to its shareholders. Mining is expected to recommence at our main open pit at Gedabek in the near-term together with the installation of a second, dedicated crusher line for the flotation plant. These should significantly enhance our production profile throughout 2018. I look forward to providing further updates on forecast 2018 production and expansion and exploration objectives in the coming weeks."

[bleepy] 19/1/2018 10:42

Definitely, the last Qtr17 of 23,187 geo projected will probably exceed 90k especially as weather warms.
With the second crusher establishing the floatation process independent of the agitation leaching plant and Gedabek open pit coming back on stream this Qtr, I would guess geo/2018 will be 100k+.
Metal prices looking strong going forward, rapidly lowering debt, exploration update due shortly(plus aggressive 3yr rolling exploration programme), process capacity increasing significantly, prospects of divi this year, all with Reza at the helm.

[puntogt] 19/1/2018 10:10

Do you think we could go over 100k GEO for 2018 ?

[bleepy] 19/1/2018 09:42

Recommencement of flotation processing, independent of the agitation leaching plant, following installation of a second, dedicated crusher line targeted for Q2 2018 - this will increase processing capacity significantly

[bleepy] 19/1/2018 09:39

Rereading last rns and mindful of reza’s style of under promising and over delivering...

'Anglo Asian is continuing to lay the foundations for long term sustainable production growth and to deliver value to its shareholders. Mining is expected to recommence at our main open pit at Gedabek in the near-term together with the installation of a second, dedicated crusher line for the flotation plant.

'These should significantly enhance our production profile throughout 2018.'

[jbe81] 19/1/2018 09:03

Yep, good morning for gold and copper.

[mattjos] 19/1/2018 08:29

USDJPY chart looks like it has failed to briefly regain a support level and now falling again. Gold could well clear 1340 shortly as a consequence