Anglo Asian Mining Share Discussion Threads

[wanobi] 21/9/2018 19:54

anyone in ORM!!!!??? any good??? cheers Wan

[wanobi] 21/9/2018 19:53

Am I taking too much risk in AAOG, failed spud, looking to re-spud very soon? cheers Wan

[wanobi] 21/9/2018 19:52

also, I noted a few comments from you guys on the SOLG thread,,, any idea what's what there? cheers Wan

[wanobi] 21/9/2018 19:51

anyone have any thoughts on TRT, I posted a while back? cheers Wan

[wanobi] 21/9/2018 19:49

catsick,,, would really like to come to your soirée if you'll forgive me, cheers Wan

[wanobi] 21/9/2018 19:43

Plasybryn & Donnatella,, thanx for posting, most appreciated...

Plasybryn, for what it's worth, there are some brilliant, talented investors on the mattjos thread and you'd do well IMHO to take their advice,,, I have and so far I'm significantly wealthier for it :-) thanx to them.... cheers mattjos guys!!

I only started this thread because I irritated them so much with my amateurish questions which, with 2 months hindsight I accept without question....

I've learned a lot,,, but I have so much more to learn...

I have no idea how experienced you are at this, I am truly a learner driver!!!

However, I hope you'll find my junior thread entertaining at least :-)

Cheers Wan Obi

[wanobi] 21/9/2018 19:35

KS, thanks for responding to Plasybryn in so much detail on my thread, much appreciated as I was radio silenced at the time :-) that said, I could not have commented in the way you did anyhow, cheers mate, Wan

[wanobi] 21/9/2018 19:33

Tj, I've kinda done what you've said really,,, I now own loads of these little blighter's,,,, fingers crossed on this or I'll have to work till I'm 90, lol

hope all is well with you, I have a nice Oyster Bay Sauvignon Blanc 2017 Marlborough to enjoy this evening, you?

Cheers Wan

[wanobi] 21/9/2018 19:13

other comments he made;

1/ Mine life – recently extended by 5-6 years.

2/ Dividend – set policy to pay 25% free cash out.

3/ Government – recently indicated that the Government’s minimum profit participation, which is equivalent to a 12.75% production share, is set to continue at least until 2023.

cheers W

[wanobi] 21/9/2018 19:08

r-o-t-apeman,,, I am, I am,,,, thanx.

only proper that I say thanks to all the mattjos guys, I may well be a pain in the proverbials but I do mean well.....

I really don't understand why peeps are selling when there is a divi coming so soon!??

I suppose they just haven't done the research that you guys have done & I have ridden on the back of.... traders:-)

I am in this now for the long run,,, it's in my SIPP and I'd like to think they'll prove up all those Russian reserves and more,,,, and AAZ will be paying me a divi for the next 30 years!!!

here's hoping, cheers all, have a great weekend, very best wishes....

Wan Obi

[wanobi] 21/9/2018 19:02

thanks CC & yes I've learned a lot by watching, not least of which, that, its so much easier than responding to disbelieving posters all the time.. I assure everyone that I am genuine and would like nothing more than to see AAZ taken over at £5/share :-), preferably on Monday lol...

questions, what are they for, lol, :-)

I had a chat with a city old timer friend of mine today about AAZ as I'd hope the II's would be buying it.... This was his take (and trust me, he's been very successful in the city for a long time),,,,,

"Agree, I can see £1+,,,, however, they are in a bit of no-man’s land in terms of market cap - £70m too small for most institutions to buy. Far too small for most income funds and not exactly a secure form of income given the jurisdiction."

Please, all, your thoughts on this comment are most welcome....

BTW, I hold significantly more shares in AAZ now,,,,, so I am not trying to put a downer on AAZ SP, that would be insane of me...

and yes, before you all pull me up on my risk management, I've taken a massive punt here!!! after all,,,, you only live once :-)

Cheers Wan

and BTW, nice to be able to post again:-)

[jbravo2] 21/9/2018 18:44

I absolutely LOVE that the thread got its sixth down vote over the last 24 hours. I wish we could see who is so bitter
:D
C0ck end.

Of course it's the same old thing, they don't want to buy after such massive rises, they think that's it and it'll retrace.
This isn't a pump and dump speculative stock you muppet. It pays a dividend. It's going to continue up.

Your choice. Miss out and cheer yourself up with a nice downvote. I'll stick to different reasons to be cheerful. Lots of them.


Have a fabulous weekend all. Even mr downvoter. Especially mr downvoter.
I'll be spending it packing. Moving next week.
:)

[jbravo2] 21/9/2018 18:40

5 days over 1m volume. Think it's 7m on the week. Not including NEX.
All serves to underline how the dividend is changing things.
I trust everyone is a little more relaxed to price fluctuations now you're earning money just from sitting still?
Buy those dips. They might not be very big though.
Well done all.
Plenty more to come, really keen on those Q3 results and hearing how much cash we've now got. Of course then I'll be looking forward to Gadir's maiden resource.
All good stuff.

What a company.

What a select club of shareholders.

[return_of_the_apeman] 21/9/2018 17:55

You must be chuffed to bits wanobi

[sh0wmethemoney] 21/9/2018 17:14

Thanks for the info

[terropol] 21/9/2018 17:08

RE CFD,s They will adjust the position at end of day (ex div) but they may take a 10% cut.
Therefore you would get 90% of the dividend.

[crazycoops] 21/9/2018 16:37

Hey wanobi, thanks for sticking with our "deal" this week. I hope you have learnt a lot from the discussion on the other thread and have been able to enjoy the share price reaction this week. What questions/comments do you have?

[sh0wmethemoney] 21/9/2018 16:19

Ok thanks, think it is the same or day after on the cfd's too. Also with IG

[obbig60] 21/9/2018 16:11

Sh0wme--- Not sure about CFD's but for Spread bets, which are much the same thing, the dividend is credited on the day the share goes XD ( IG index).

[homebrewruss] 21/9/2018 15:44

John Meyer on vox markets from about 42.15:


'at some point we should be over £1 on these'

[return_of_the_apeman] 21/9/2018 15:22

The fall in the pound also means larger profits here as the money is earned overseas and then converted to sterling

[mattjos] 21/9/2018 15:12

Teresa May's statement hitting the £ ... the £ value of the dividend just got bigger as a consequence.
Now 2.29p / share :-)

[return_of_the_apeman] 21/9/2018 14:52

Nice number crunching odsjp, thanks

[odsjp] 21/9/2018 14:37

It has been a good week.

I am normally a passive ADVFN user and just read posts and do my own research but thought I would add a simple comparison table below of my analysis with other goldies.

For the sake of transparency I hold HOC and AAZ (which is now my largest holding). Fortunately I sold my HGM to buy AAZ as a result of Salisbury and potential sanctions, a good move so it now seems.

I do not know how to paste a picture in ADVFN so unfortunately you will need to look at the info as-is. It contains ticker name, number of shares, price, Market cap (GBP), Oz of gold expected, Average price of gold (1200), Exchange rate, GBP revenue, AISC, net debt, divi and two ratios (x earnings and ratio to profit)

If you look at the ratio to profit which I have calculated as market cap/gross profit where gross profit is simply price of gold (1200) - AISC * number of ounces.

What you see is a value to 1.68 the third lowest with more established players (HGM and HOC) being 3 or 4 times higher. This is why I also believe that a fairer value for AAZ would be 3 or 4 times the current price without taking into account the amazing divi, cash positive and hopefully good upcoming JORC results.

The only goodies with lower values are SHG but this is in Tanzania (so very high risk) and AAU which has much lower production.

Company Shares Price GBP M/Cap Oz Gold US rate GBP Rev (M) G Prof (GBP) AISC x Earn Debt M Rat/Prof Div Where
SHG 769,490,000 0.05 £38,474,500 85000 1200 1.3 £78,461,538 £30,730,769 730 0.49 -38.00 1.25 Tanzania

AAU 1,059,680,000 0.013 £13,775,840 20000 1200 1.3 £18,461,538 £9,230,769 600 0.75 ? 1.49 Turkey

AAZ 114,317,024 0.6 £68,590,214 81000 1200 1.3 £74,769,231 £40,936,154 543 0.92 1.00 1.68 7.69 Azerbijan

HUM 351,826,899 0.271 £95,345,090 125000 1200 1.3 £115,384,615 £43,269,231 750 0.83 -14.00 2.20 Mali

ASO 81,575,000 1.9 £154,992,500 230000 1200 1.3 £212,307,692 £44,230,769 950 0.73 -120.00 3.50 West Africa

SRB 58,909,551 0.565 £33,283,896 40000 1200 1.3 £36,923,077 £9,230,769 900 0.90 20.00 3.61 Brazil

HGM 325,220,000 1.44 £468,316,800 272000 1200 1.3 £251,076,923 £104,615,385 700 1.87 -190.00 4.48 4.86 Russia

HOC 508,150,000 1.6 £813,040,000 514000 1200 1.3 £474,461,538 £118,615,385 900 1.71 -67.00 6.85 2.50 South America

CEY 1,152,110,000 0.9842 £1,133,906,662 510000 1200 1.3 £470,769,231 £125,538,462 880 2.41 300 9.03 9.77 Turkey

RRS 94,475,346 49.05 £4,634,015,721 1300000 1200 1.3 £1,200,000,000 £480,000,000 720 3.86 740 9.65 3.14 Africa

[sh0wmethemoney] 21/9/2018 14:28

Spike down on gold just now, still earring great money per Oz we pull out the ground though!