Anglo Asian Mining Share Discussion Threads

[mattjos] 17/7/2018 09:45

Gapped up this morning .. I don't like gaps ( as you all know :-) )

[bumpa33] 17/7/2018 09:44

Just a classic mm move, run it up fast, pull in a few sellers, slowly drop it back - seen it all before.

[odsjp] 17/7/2018 09:40

2p dividend will cost around $3M.

With free cash flow of $7.5M a quarter then there is plenty of scope for higher dividends. This share does look cheap!!!

[lefrene] 17/7/2018 09:38

MM's shake?

[gutterhead] 17/7/2018 09:37

MM's are going to have a field day with weak holders today

[jbravo2] 17/7/2018 09:35

Thanks matt.

So on avg 21%.

That would lead to year end of 82.5koz GEO all things being equal.

However we now have two main treatment streams available concurrently for the first time ever...

Lovely.

We'll end the year with a +20m cash/debt position.
Ha ha ha, no one will be able to buy for 50p then. But then it won't be £1 coins they'll be buying either.

[bumpa33] 17/7/2018 09:34

(Very) conservatively on a PE of 2 is just ridiculous?

[mattjos] 17/7/2018 09:33

With the new crusher now operational, it will be interesting to see how we go in Q's 3 & 4 this year but, I would expect a noticeable uptick in the figures this year

[bumpa33] 17/7/2018 09:32

mm’s trying to draw out a few sellers - if we don’t see the 60’s in short order though I’ll eat my hat, so to speak :)

[mattjos] 17/7/2018 09:24

bravo .. one thing I keep a running check on is the rolling average of Quarterly production averages. Updated as of today's figures & based on data in the graph, we have the following:

____________________Ave. Q1___ Ave. Q2___ Ave Q3___ Ave. Q4___ Total Ave.
Gold Produced (oz).. 13,138.... 15,327.... 17,110....17,345..... 62,920
Silver Produced (oz) 23,210..... 27,999.... 20,859....25,143..... 97,211
Copper Produced (t) ..285......... 352....... 315...... 262....... 1,213


If we look at the data and pick out the best reported Quarterly figures & then see what a 'best' year might look like, we get:

___________________Best Q1___Best Q2___Best Q3___ Best Q4___ Total of Best Q's
Gold Produced (oz) 17,193....19,665....20,242.....21,931.......79.031
Silver Produced (oz) 39,369...56,440...40,288......50,216.....186,313
Copper Produced (t) 606......... 716......550........578........2,450

[callmebwana] 17/7/2018 09:16

Not much to say except the BOD have done a great job here.Also a very good BB.
Matt,eeeer !!! £1 for 52P at the moment.
GLA.

[rileyma] 17/7/2018 09:15

Stonkin company,always thought management
Were top notch
Im not in at the mo so want a pull back
For my own selfish reasons,may not happen
Now
Well done guys,,,

[brasso3] 17/7/2018 09:15

I wil ltake the breakout above 54p for this week. 80p by year end.

[jbravo2] 17/7/2018 09:14

@matt

It'll be a quick sum for you with your data for your production graph.
What percentage, on average over the last few years, has H2 production been higher than H1 please?

[scottishfield] 17/7/2018 09:11

Yes very pleasing, well done the Company.

[mattjos] 17/7/2018 09:10

correct cobra ... still £1 coins for 30p here

[bleepy] 17/7/2018 09:01

Excellent set of results with maiden divi on the horizon and an aggressive exploration underway since beginning of this year planned to continue for next 3yrs.

The higher grades from Gadir mined this year bodes well for the extensive production initiatives carried out throughout 2017 and ongoing exploration and jorc resource/reserve estimates.

Alongside Gadir and below Gedabek open pit, exploration from deep surface drilling and underground fan drilling is news we await with bated breath. They have not driven a 600mtr tunnel and preceded to fan drill(probably for mine planning toward production) without a good idea of what lies beneath the Gedabek open 6 pit complex.

Exploration ongoing at Gosha, Gedabek open pits, Bittibulag, Ugur, Solyudad, Ordubad and right across the Gedabek acreage with geo physic aerial survey is all part of the $8ml 3yr aggressive planning afoot.

Well done all at Aaz.

[the_debt_collector] 17/7/2018 08:57

A high class RNS from a well managed company, will the share price Angel target price of 72p be broken shortly? Indeed!

[cobra786] 17/7/2018 08:57

these should be trading around 60-65p

[11_percent] 17/7/2018 08:57

At a 2p divi, it would be a good yield, at this price.

[jaspoland] 17/7/2018 08:56

Mattjos lol. 100k ge might be a stretch this year imho. I'm looking for them to exceed 84k though. Happy days

[gutterhead] 17/7/2018 08:53

100p and announcement of min. 2p div has to be nailed on

[mattjos] 17/7/2018 08:48

you'd have to be pretty daft to sell as we are very much in the window now for exploration update & Q's 3 & 4 are very clearly going to 'blow the bloody doors off'. 100k GE very much on track for the FY