Anglo Asian Mining Share Discussion Threads

[celeritas] 26/4/2018 22:18

Just watching the the 10 o'clock news. Saw Aliyev being met by May before going into number 10.

[mattjos] 25/4/2018 21:05

Just 4 to go now before FY17 results are published and the figures should give quite a kick to various financial analysis providers as the profitability and free cash flow figures get plumbed into their spreadsheets and trailing / forward calculations.
Still plenty of Corp tax losses and capex values to recoup/offset against the future.
If the selling is Beaufort and could very well be given it is mainly in the auctions then I just interpret that as a short-term opportunity, just as Bashirov was.
Spring has certainly sprung .. here in Poland their transition from Winter to Spring/Summer has been as rapid as the U.K. after an unseasonaly mild & relatively snow-free winter. We’ll to be far away from the new crusher now & then the Copper production will take a big step forward utilising the stacked Sulphide Ore.
Plenty to keep the Agitation & Flotation plants busy and, in parallel, the exploration will also crack on with the warmer weather.
I believe, June onwards, we are in ‘exploration news update’ window ... still an abundance of very positive potential catalysts to attract fresh buyers who will clear out current sellers. 40p’ish should remain the Maginot line and enable a fresh impetus to take out the 45p glass ceiling. Once this loose stock has gone, I expect AAZ to give some strong daily rises to a new trading level by end of May .. not long to wait chaps.

(Meantime, I face a long drive back from here in Puszczykowo, Poland (lovely spot) to the Peak District starting after brekkie tomorrow - in a Transit van! Anyone here not been to Poland but fancy a visit, would be happy to share the benefit of my travels here over last 4 years via pm.it is a beautiful country & terrific friendly people, contrary to some perceptions that they are reserved & morose bunch!)

[mattjos] 25/4/2018 14:33

Paying over mid for sales

[lefrene] 25/4/2018 14:31

2sporrans, you can't have all buys without there being a seller somewhere. It rather looks as if PWC being liquidators for Beaufort's are selling whatever sells best from an array of AiM stocks. Ironically with AAZ being a quality item, it's easier to sell than some of the other penny dreadfuls on AiM. The price here could be suppressed for months if PWC are going to feed stock to the market every time the price tries to perk up. Perhaps with luck PWC might find an AiM fund willing to take a large chunk, but those AiM funds might now have a bad dose of indigestion because of all that AiM stock held by Beaufort's, now looking for a new home.

[2sporrans] 25/4/2018 13:17

Past 24 hrs all trades buys - 135k vol.
If anything, the price has moved down; last buy 11.15am Nex. 11k @ 40.1p.

Are the brokers are alternately enticing either buys or sells which come in blocks?
Suppose they make plenty in fees as well as some in own book.

[celeritas] 25/4/2018 10:18

Anyone know a company with experience with Oxide and suphide ore and not far away from Chovdar.

[celeritas] 25/4/2018 10:15

The Armenian economy is down the pan hence people not happy with its leadership unlike the Azeri economy which is doing really well.

[lefrene] 25/4/2018 09:57

Nearly 10 o clock, where's the 50k dumper this morning?

[2sporrans] 25/4/2018 08:54

Wonder if Pilatus bank has a stake in Beaufort.

[petrusgazin] 25/4/2018 04:44

Of course it is interesting to see the Guardian are now pushing for regime change in both Azerbaijan and Armenia for both of them are considered getting too close to Russia, Now the Guardian has to take a break from promoting war in Syria as the facts are coming to light which do not help in the demand for more war, they are now following the talking points the CIA provide them and smearing the Aliyevs as well as pushing the Corbyn is an anti-semite as he is being the only voice of reason against all the warmongering ....

[homebrewruss] 24/4/2018 18:31

No surprise..

Azeri ruling families linked to secret investments via Maltese bank:

[celeritas] 24/4/2018 18:06

The aim mkt is worth around £103b so 300m to 400m shouldn't cause too much disruption.
Average daily value of trades this month on aim is 280m
There are also 947 companies on aim.

[lefrene] 24/4/2018 17:40

Thank you Celeritas. No doubt the very first thing to be paid will be PWC's fees. The peasantry will be last in the queue as per usual.

[celeritas] 24/4/2018 17:27

No exact details on offer yet lef, I asked them last week.
Many holdings will be transferred but stocks will be and are being sold to take up the shortfall.

[lefrene] 24/4/2018 16:57

Somebody posting on the Solg bb as 'Fuzzy', says he has shares in a nominee account trapped by the Beaufort scandal, PWC have told him it will be September before he will get access!! If the persistent selling here is due to Beaufort, then it seems it could go on for some time. I wonder if there is any way of finding out just how many they intend to sell? Should the AAZ broker be making enquiries and actually doing something for their remittance?

[mattjos] 24/4/2018 16:26

I go to Poland for a week and you guys have let this down! :-(

[gutterhead] 24/4/2018 13:48

ISA’d full annual allowance today at 40.06p
Rude not to and can’t see better value elsewhere

[catsick] 24/4/2018 13:18

Worth looking at the deal that chaarat have just launched when considering what a central Asian company with a London listing can try and launch, something similar could push aaz into the mid tier where its assets alone would be valued at 3-5 times what they are now, let alone the added value from an rto

[yasx] 24/4/2018 09:33

Rules to be updated

[yasx] 24/4/2018 09:32

Gondola (Yas) welcomes sagacious readers to his thread. Others should look no further.


Readers are only occasionally encouraged to share their thoughts - the sagacious chap is not keen on encouraging chaos, and ideally would prefer no comments, but I am mindful of the fact that peace of mind normally only exists where opinions do not. Those with refreshing and contrarian views about the global markets and AAZ in particular are welcome to read. Those that churn out banalities are not.

''Men who borrow their opinions can never repay their debts''

Here's a copy of the infamous Top of the Flops bear report from a certain fellow from several years ago. Just check what happened to the stocks he selected in the months that followed. All save none were decimated. Well done that gracious fellow.



Note: I do not, under any situation, provide advice on investments or your personal financial circumstances and nor am I regulated so to do. All views are my own, and ought to be treated only as an opinion. You must, under all circumstances, undertake your own research.

RULES: Rules are laid out in post 1. All posters are asked to comply with the rules. In particular, compliance with rule 5 is a must - do not direct profanities at the gracious fellow

[supercity] 24/4/2018 09:24

I bought in with a 6-12 month time frame to double up - the next quarter update should show they are nearly debt free and I can see another HOC type rise in a smaller scale Genuinely looks very undervalued at these levels with a 6-12 month view based on the previous 6-12 months imo

[2sporrans] 24/4/2018 01:12

Again, the POG dip is largely reciprocating surge up in US bond yields, climbed past several days but esp. past 24hrs => $US stronger; buys more gold.

See graph:

24 hrs.

Blue line denominated in "KGX" is POG in basket of currencies; red the usual POG in $US.
Note..KGX: "basket of six major foreign currencies: Euro (57.6%), Japanese Yen (13.6%), UK Pound (11.9%), Canadian Dollar (9.1%), Swedish Krona (4.2%) and Swiss Franc (3.6%). It is an exchange traded (FINEX) index and has become a standard used worldwide."

But the opposite gnerally true; $US generally weak; chronic twin deficit economy.
Markedly so mdeium term, hence same graph over 1 year:




If therre really is wage push US inflation brewing , along with consumer [tax cut] driven growth; for how long and far?
Huge household debts are enaabling consumption and the US rates rising fastest on short-med. dated bonds / credit.
Just a 0.5% rise will hurt, proportional big when rates so low.
Consumption will choke off at historically-comparative v. low rates.

+ now the 2 yr Treasury yield is 2.5% v 10 yr 3% [almost], the US yield curve has become close to flat and has been flattening past year.
If it goes flat, pretty sure slowdown coming; already indicated.
To extent inverts, pretty reliable leading indicator for recession in US...which doesn't bode well for moribund Japan/Europe. + China is reining in now.

Probably a good environment for Gold; esp. given another does of ZIRP/QE.

[jeanesy] 23/4/2018 20:30

Cant see why this should drop so much today on the volume published? POG has fallen again though, it really doesn't like touching 1350 atmo it seems !