Anglo Asian Mining Share Discussion Threads

[wanobi] 03/8/2018 00:17

thanx Cel, its pension money I'm trying to do something with, so I can't get any interest to speak of with HL with cash :-(

[celeritas] 03/8/2018 00:00

Buying pressure. Look through the thread as plenty have come in here and bought at different points. It's not only about the very long term investors. In fact many are newish to aaz. Every share has it's concerns, if you are looking for a completely risk free investment then stick your money in a savings account.

[wanobi] 02/8/2018 23:14

bozzy, many thanks, I'm not looking short term at all, what I'd really like is capital appreciation and income via dividends... wouldn't we all :-),, I can see a dividend is coming so that's great, plus I sense all is heading in the right direction with the companies performance, management etc etc,,, what I cannot judge is where the share price might go... Looking back on the threads I see targets as high as £1.80 (maybe more) which would be excellent,,,, however, in my very simplistic mind I think to myself, for it to go higher there has to be more buying pressure than selling and if those people you mention who have very large holdings here are fully invested, where is the buying pressure going to come from, over what time period and how long will the mines last etc etc....? all thoughts I'm sure you've wrestled with... right now I probably need to watch & learn before taking the plunge with a company like AAZ... that said, it's so tempting to just go ahead and buy and see what happens... I'll let you know when/if I take that plunge! in the meantime, in the last few days I've learned so much (well, at least I think I have!)... cheers

[wanobi] 02/8/2018 19:26

S0lis, thanx, just done that again, let's see...

[s0lis] 02/8/2018 19:18

You can turn alerts on and (? supposedly) off at the top of the BB thread under the name of the thread.

[wanobi] 02/8/2018 19:07

wow 2sp, that's some detailed post of which I could not possible comment, however, I'm really looking forward to the reply from YasX... cheers

[wanobi] 02/8/2018 19:03

i'm liking the monitor and microscope functions...

[wanobi] 02/8/2018 19:02

thanx guys, tried everything on the site, no luck.... will call them as you've kindly suggested callme.... cheers

[cyberbub] 02/8/2018 17:27

The alerts is a setting available to you to turn on and off for specific shares you select. I dont think you can do it from the smartphone, only on the Advfn website, but I can't remember exactly where it is sorry.

[callmebwana] 02/8/2018 17:11

Wanobi, you are going to have to ring ADVFN to stop those email alerts. I had to do that. I hope this helps.
$ getting stronger and gold price coming down. Money moving into other stocks, Bonds
etc. Good price to get into AAZ at the Moment IMO. NAI and DYOR.

[wanobi] 02/8/2018 17:04

thanx GG, long term investor, holdings in sipp, cheers Wi

[goodgrief] 02/8/2018 16:39

Level 2 ... depends on what kind of investor you are. Buy-and-hold type then probably not worth, but if you're a day-trader I would imagine so.

[2sporrans] 02/8/2018 16:09

HI YasX

Finally, a look in on your thread.
Thanks for providing it.

Concur that Matt's thread is dominated by those of a very bullish disposition.
Although I think the majority of the most dedicated and knowledgable posters are genuine bulls - say it how they really see it - a good few clearly have a lot of skin in the game, both absolutely and relative to their total assets.
This alone could explain an antipathy towards posters of a more cautious, let alone negative persuasion.
Having said, there's a lot of excellent info. posted and a lot of virtues in the company and what has achieved and looking to; so the bullishness is merited, albeit being blind to downside risks or to summarily dismiss them is not.

At end of day, any small AIM miner is going to be a high risk equity investment; the +ve flip being potential for rapid multibag upside.
AAZ is well managed and now has strong balance sheet as well as cashflow but it is hardly a 'Blue Chip' investment.

I'm bullish on AAZ myself and serious holding for an AIM stock. All the more reason to at least entertain -ve [risk] elements or scenarios.
I'm not going to go into every one I've mulled over here; nor post on the many upside ones. There's reams of such already posted on Matt's thread, a fair few such posts by me.

I'm just going to air one very pertinent consideration here, just to see what response it elicits; then judge the merits of further such engagement.

The end of Q2 [June] was something of a watershed moment for AAZ.
From beginning of July [Q3] copper [copper concentrate, laced with silver and a little gold] production will ramp up.
It will be about twice the max. volume achieved over past few years, period when copper production has increased from very low levels to [Q3+Q4] where it will account for over 20% [maybe nearer 30%] of AAZ's revenues, as now measure in Gold Equivalent [GE].
This new level of copper concentrate [cc] production has been enabled by recent expansion [new crusher + "thickener" capacity] in the Flotation plant 'train'.

The primary gold production remains ongoing through the Agitated leach + SART plant.
We know that the process is very low cost / efficient. The GOLD AISC was almost bang on $600/oz for year 2017 and may well be falling a tad; so ~$600/oz margin on production at $1200/oz POG.
Off top of head ~60k oz pure gold dore output target for 2018, well on track; the upper end of the 2018 GE target [with cc] of 84k oz looking readily achievable.
This comes from gold OXIDE ores [not sulphide, low-non copper] from new but small [<100k oz proven remain] Ugur mine + underground Gadir [several years production left] + very small Gosha ug mine.

Some important considerations, begging answers:

What is the AISC [also operating cost, as it's a second stream 'over' the AL SART gold dore one?]for purely the cc production?
Seems from a 'holistic' guesstimate the GLobal AISC may be nearer $900/oz. !!
Given this, I'm sure you can see why I'd like to know the answer.

Going forward, there looks to be plenty of copper rich sulphide ores [proven + prospective] to feed cc production. [the deeper the ores, they become predominantly sulphide]
But will the % of the GE production [itself still rising above 100k pa??] that is cc rise to 30%, 40%....or 50% of the total?? over what time frame?

Surely, you can see where I'm coming from?

I've posted on Matt's thread that the Q2 results were not that important. Predictably much same as Q1.
Q3 will be far more revealing.
Q3 will be the first to capture the ramped up cc production and hopefully insight into the efficacy of the flotation production process; most of all the per oz cost.
To be fair, the cc process won't change significantly from that of past year.
However the cc production will no longer be sub 10% of the GE revenue total.
Can no longer be viewed as a sort of 'free extra'.
For sure not if no substantial new Gold oxide ores of quality are revealed by the extensive [some intensive] exploration underway in earnest since Q1.

I hope for well informed/considered feedback.

[wanobi] 02/8/2018 15:13

i feel like i did when i first walked in to the play ground of big school, completely clueless of who's who and what to say and not to say, who not to stare at etc etc!

[wanobi] 02/8/2018 14:57

apologies, please excuse my inexperience :-),,,, anyone, is level 2 useful, worth paying for or not, thanx? I keep seeing these 33% off ads!!!

[wanobi] 02/8/2018 14:53

hmm okay, thanx... yasX, is level 2 useful, worth paying for or not, thanx?

[mattjos] 02/8/2018 14:52

not a question you really ask wanobi

[wanobi] 02/8/2018 14:32

anyone know how much stock people on this thread roughly hold?

[thechurch333] 02/8/2018 14:27

I've added again, but running out of firepower

[lefrene] 02/8/2018 14:27

A good old shake on a Thursday afternoon, anyone would think we were back in the old fortnight account times!

[mattjos] 02/8/2018 14:26

going cheap again :-)

[mad foetus] 02/8/2018 14:25

well, can now sell over 50,000 at 41.7 but can't but £10ks worth. so much jiggery-pokery!

[mad foetus] 02/8/2018 14:09

Can buy 50,000 online which is unusual

[papy02] 02/8/2018 14:06

Shame about the share price ;-)