Anglo Asian Mining Share Discussion Threads

[edjge2] 29/4/2018 08:10

At top of its range.

[terropol] 28/4/2018 00:13

Looks set for a jump on Monday with the trading today. Have a Great week end all.

[celeritas] 27/4/2018 21:52

It's not always like that, try buying on a down day.

[modform] 27/4/2018 18:00

Hi Matt, thanks for the welcome Wasn't keen on gold miners, I find it difficult to value them, my fear was that the level of oxides in the mines were reducing, which was affecting the life of their mines.Because of lack of ability to value gold miners, I have bought in because of technicals only, the share price is set up for the next move up imo, but I couldn't buy many without lifting the sp, it's far too illiquid.

[mattjos] 27/4/2018 16:29

welcome aboard modform ... I didn't think you were keen on AAZ. What changed?

[casabella2] 27/4/2018 16:19

Can we break 45p before close of play today.

[celeritas] 27/4/2018 14:49

Azerbaijan to create roadmap for integrated development of mining industry




Old Russian mining data had AAM's resources worth more than $6b at much lower gold prices.

[soundbuy] 27/4/2018 14:48

Oh.....hmmmm.......come alive....

[terropol] 27/4/2018 14:37

Up up and soon away.

[jbe81] 27/4/2018 14:33

Hopefully we will get some good news before the Wednesday presentation.

[modform] 27/4/2018 14:30

Been buying quite a few this morning, I like the technical setup

[catsick] 27/4/2018 14:24

Whats up ? Rising a lot on tiny volume ....

[jbe81] 27/4/2018 14:14

Still some shares in the auction but impossible to buy any sort of size

[jbravo2] 27/4/2018 14:05

Looks like the seller has either run out or cottoned on he's been had for the last few weeks.
Either way... muppet.

[return_of_the_apeman] 27/4/2018 13:59

Indeed, mms will only let you get a max of 15000 shrs @ 42.99, can move up on some smallish buys now

[mattjos] 27/4/2018 13:27

stock very tight again now

[yasx] 27/4/2018 11:42

I note that on the thread dedicated to those with a penchant for dictatorial control, some are suggesting that the reason for the muted performance of the shares (following good operational performance) over the past few months is down to selling ordered as a result of the Beaufort scandal, and/or, poor PR initiatives. They further opine that a visit to the UK by Aliyev all political risk attached to the stock has essentially been rendered void.

A few points:

1: There is negligible impact from Beaufort. The shares were not properly responding to the improved outlook for the Co well in advance of the Beaufort issue.

2: PR remains woeful - ghastly plums like FZ continue to complain about the same, notwithstanding the fact that he advises others who so complain to "sell if you don't like the product". Such hypocritical twaddle can be safely ignored, and, I suspect, when he reaches the age of 18 he will realise how immature his conduct clearly was.

3: The visit by Aliyev does not alter one jot the political risk attached to AAZ. Anyone that thinks so ought to have his head examined. You see, these visits are routine affairs for Heads of State and so on, and May has nil impact on anything. If a regime wishes to engage in spurious conduct, International Courts serve a purpose in determination of any alleged misconduct. Even then the game is somewhat rigged. But the idea that a visit to the PM alters everything is simply laughable. Take Tethys, which had as a non exec Director the Rt Hon Mr Lilley (who was many years a candidate for the leadership of the Tory Party) - the Kazakh Govt repeatedly impeded the sale of the assets held by Tethys and (coupled with indifferent Management) the Co went to the wall as a result. Take Acacia in Tanzania, which recently had to agree to an absurdly disproportionate rate since the Govt so decided, despite the fact that Acacia have heavy backers in the form of Barrick they had little sway. So, the visit to the PM is irrelevant. Smaller players like AAZ are particularly vulnerable, and such is the risk that exists - thus, there always ought to be a heavy discount applied to the valuation for factors related to political risk. Despite this I think the shares are still undervalued.

But, I am a realist, not a dictatorial (but harmless) fool like FZ.

[friendzarin] 27/4/2018 11:33

Henwii

Sorry I haven't but I've emailed the event organiser and asked for running sequence so I'll let you know if I have a response that helps.

[mattjos] 27/4/2018 11:07

artful buyer took 9,999 of the 10,000 oin sale in the auction .. left 1 share so that the Auction offer price does not rise to next level ie. he is buying but, also trying to keep the price static whilst the MM/'s sit and scoop up anything they can from bored sellers

[henwii] 27/4/2018 11:00

Do you happen to know what time AAZ start briefing?

[friendzarin] 27/4/2018 09:45

No real company updates or news coverage since the 16th of this month but it will be interesting now to see how further buying interest and impetus to the company’s share price will be generated. Your most recent post Matt posts the way of course to the probable route. I would like to add to this since in the absence of any note this week I feel we will be due some communication next week from the company in advance of its presentation at the Mining Capital Conference (MCC) at the Brewery next Thursday (May 3rd ). It has the habit of issuing an Updated Company Presentation via an RNS usually a day or so before a public presentation, so it may well be worth keeping an eye open Tuesday or Wednesday for something of this order. I think an update of the general intro usually used at the Proactive events at the Chesterfield ( last one being Feb 8th ) will be a precursor to at a minimum of reference to the updated information included in the RNS’s of the Launch of the Exploration Programme on March 13th ,2017 Exploration and Results on March 26th and of course the Q1 2018 Production and Operations Review on April 16th.It will also be interesting if there is any further news re the crusher progress or any other development news which would be a real bonus at this early stage. If there was to be some additional news, then of course that would merit an entirely different RNS with reference to the presentation being secondary and no doubt the usual link to view it on the website.
Re the Mining Capital Conference itself. I know that there has been some issue taken (quite rightly by and large) by how effective the AAZ exposure through Proactive sponsored events has been. I can only say that I have been to several of the MCC events in the past and they are well run and attended. Also because of the location at the Brewery ( close to the City ) and its start time 8:30 am for coffee etc followed by the presentations until 12:30 ish they attract an entirely different investor base than the Chesterfield which kicks in at 6:00 pm with every one shooting for the wine glasses faster than the English sprint squad when the presentations finish ( not that the City boys need any coaching when the lunch break arrives at the Brewery events ! ). It will therefore be interesting to see how the AAZ presentation is structured, who makes it and just as importantly how it is received. On this the area of content I have been in correspondence with St Brides since the RNS of March 13 about a more forward-looking perspective being adopted by the company announcements and the importance of being on the front foot in this area as they are on every other front. These points I believe have been acknowledged by St Brides and I trust have been taken forward to the preparation of next week’s presentation which took place last week and in which they were involved with the company.
I will be going along and look forward to meeting up with any fellow AAZ travellers who will also be there if we meet up. Atb Fz

[celeritas] 27/4/2018 09:25

Aliyev visiting May must bolster investor relations within Azerbaijan for those who thought Azerbaijan was a no go area.

[basem1] 27/4/2018 08:50

The chart looks fantastic, next increase in the gold price should take us to 50p

[friendzarin] 27/4/2018 07:15

hxxps://www.msn.com/en-gb/news/video/may-hosts-azerbaijan-president-at-downing-street/vi-AAwntSs

Edit - For those with link access issues

May- opens with welcome and refers to discussions on regional security and energy potential and future relationships and refers to BP deal signed yesterday with B P and SOCAR
Aliyev responds – Now we work actively on enhancing our trade deals – there are big prospects for that. Many British companies working in Azerbijan successfully for many years and we want to increase the levels of mutual trade ..also developments related to regional trade are important and we are partners and close friends and we have a history of close partnerships in many areas and definitely my visit today will strengthen our cooperation.


Comment - Putting aside the ongoing Malta issues Pilatus etc. This exchange is positive for the diplomatic backdrop that AAZ works in I would suggest

[terropol] 27/4/2018 00:05

Yes Celeritas...I saw that too.