Anglo Asian Mining Share Discussion Threads

[gutterhead] 26/3/2018 09:24

Really needs a succinct summary of the findings

[mr roper] 26/3/2018 09:20

page 28 is worth a look.

[mr roper] 26/3/2018 09:18

the communications from these guys is utterly horrific. I'm still trying to work out what the RNS is trying to tell us and now i've found a link to a pdf on the website.

What's the headlines guys.. 3 lines. Chuckle brothers

[mattjos] 26/3/2018 09:17

Will take a while to digest this but, first impression is that the quality of the report is absolutely first-class.
This is the second detailed report out from Stephen & is completely head & shoulders above anything else you see from a junior miner on AIM.

[jeanesy] 26/3/2018 09:13

39 pages long !!

[catsick] 26/3/2018 09:13

39 pages would be better out at 7am

[catsick] 26/3/2018 09:12

Ok time to read up on the new report....

[terropol] 26/3/2018 09:11

Good morning all.
If my theory is correct we should crack the 50p by the middle of April.
Like written before. looks it took 3m month in the past to get over the 10p-20p-30p
and now been playing with the 40p.....

[mad foetus] 26/3/2018 09:06

WTF!!! Are we now expected to read the report from the website? Just give us the top line guys.

[jeanesy] 26/3/2018 09:04

So celeritas there it is !!!!

[edjge2] 26/3/2018 08:22

Mattjos when is update date, looks like 8 april from above. Copper holding so hold and hope. Could be in 50s soon when this ranging price broken as before in dec 17 imo.

[davidspringbank] 23/3/2018 15:09

Will gold break out above 1377, if so we are off to the races.

[mad foetus] 23/3/2018 14:29

I am really amazed that the share price isn't moving forward. Gold now looking strong, everything is lined up and ready to go.

[basem1] 23/3/2018 13:18

Blue would be a rather nice Colour this afternoon. Gold motoring now $1348. Good luck all. Picking my Jaguar XE R Sport up on Monday,,, very excited.

[celeritas] 23/3/2018 13:10

Very nice.
It needs some reality here.
Look at what AAM are producing
Look at what AAM have to explore just close by never mind further out in the 300 Square km
Look at the other licenses aam are exploring which I expect wont even kick in for another 10 years as too much will be going on at Gedabek.
Look at the the recoverables which need to be reclaimed before the psa kicks in
Some are moaning about drill results but the company have just reiterated 7 year mine life on current resource which hasn't changed in years. I wouldnt care but the drill results will be highly technical and hard for mere mortals to understand.

Then look at the mkt cap, have some bloody conviction.

[mattjos] 23/3/2018 12:57

slightly better trading here now ... seller's stock has been taken up by buyers within a couple of hours today. 16 trading sessions (thereabouts) to the Q1 update.
would be terrific if gold can climb over $1,360 shortly

[lefrene] 23/3/2018 12:26

They have forecast 75k to 80k this year and given that they habitually under promise and over deliver I suspect that 20k will be met or bettered for Q1. The only skill the management lacks here, is the ability to bang their own drum!

[mattjos] 23/3/2018 12:05

90 days in Q1.

200-220oz per day = 18,000 --> 19,800oz. That is gold only and not gold equivalent oz.


since 2010, the best Q1 Gold production that AAZ has had is Q1 2015 @ 17,193oz.

The average of Q1 production for the last 8 years is 12,469oz

I am confident we will see a record Q1 production announced.

Q4 2017 averaged 241oz/day

If they maintain that through Q1: 90 x 241 = 21,690oz

[mattjos] 23/3/2018 11:41

added today myself .... daftly cheap with Q1 figs around the corner

[terropol] 23/3/2018 11:35

Gold only currency without passport.

[terropol] 23/3/2018 11:30

If we get over the 1350 barrier $1400 next stop on Gold. In the past people who were talking about trading Oil without the Dollar did not last long...
Petrodollar will be protected.

[basem1] 23/3/2018 11:10

I took a further 25000 too.

[edjge2] 23/3/2018 11:10

Relinguished my resistance as on support and can move fast, added below 38p.
OTT Trump always a playboy not a politician. Trade war will happen as promised IMO. Real war may erupt too as again he is a businessman. Swap beginning to be drained. Hope he sacks Sessions for pot. Middle East getting hotter.

[lefrene] 23/3/2018 10:35

Gold going up can't do AAZ any harm. Trump is in effect the proverbial cab driver who finally gets to turn words into actions, but will the unfolding call girl scandal push him off the perch?

I can't see the attractions of Serabi over AAZ, they seem to be paying a lot for their new leases and have too much debt/liabilities, and are opening up a second operation 120 miles from their current one.

[gadolinium] 23/3/2018 10:12

The appointment of super hawk John Bolton, who favours preemptive strikes on NK and Iran as Trumps security chief, must be worth a few dollars on the gold price.