Anglo Asian Mining Share Discussion Threads

[2sporrans] 10/10/2018 16:10

another 5,000 for 66.9p

that's ~13% retrace from recent highs.

[sportbilly1976] 10/10/2018 15:54

Yep - 40 minutes remaining to get to their desired holding level (prob 2.99%)

[conundrum] 10/10/2018 15:51

See link below for, Azeri in London investigation, as mentioned above

[bleepy] 10/10/2018 15:46

My guess the mystery seller who is not wanting to be recorded for divi is dumping their remaining holding???

[homebrewruss] 10/10/2018 15:41

This guy:

I think more likely just nervous pi's selling and perhaps some expecting a greater drop tomorrow and friday than just the dividend amount

[mad foetus] 10/10/2018 15:37

Front page of BBC website, some Azeri in London given an unexplained wealth order and looks like he may have a lot of property seized

[thechurch333] 10/10/2018 15:35

Had to pay 66.9p for my 7.5k...

[mattjos] 10/10/2018 15:34

What news please?

[mad foetus] 10/10/2018 15:31

Picked up 10,000 at 66.75. Wonder if the Azeri in the news is our seller? Presumably needs cash before it can be seized?

[wanobi] 10/10/2018 15:24

AAZ - Yikes!


free stock charts from uk.advfn.com


you guys all buying more, very impressive, you must be so convinced of your research I'm just going to have to follow,,,,, in know mattjos,,,, DYOR.... I just don't have the time to do the amount you guys have done, so I'm gonna back you :-)

Cheers
Wan

[2sporrans] 10/10/2018 15:18

A few more at 67.7p ....+ divi.

Bring it on!

[wanobi] 10/10/2018 15:07

Thanx 2sp, Thanx basem1....

I can't decide whether to say "sod-it" and buy more AAZ today,,,, was 55% of my SIPP this morning, now somewhat less,,,, but,,, somewhat cheaper to buy..... decisions decisions!!! :-)

Cheers
Wan

[basem1] 10/10/2018 15:00

RRE just the headline figures of 11,000 bopd with a mkt cap below £100m is incredibly cheap. Chucking the entire mkt cap in a years profits.

[wanobi] 10/10/2018 14:55

erm, someone seems to want more ORM today :-) cheers Wan

[cflather2000] 10/10/2018 14:53

Sticking with RRE? Any idea how their costs may look in the future? Revenues will obviously depend heavily on oil prices

[jbe81] 10/10/2018 14:46

MMs having fun

[basem1] 10/10/2018 14:32

Just toying with the idea of buying back in for the dividend tomorrow after having sold at 73.3p. 69p now or perhaps get back in 65p or below tomorrow. Suppose buying 50% back is the answer. RRE - I've been in from 340p TXP - made quite a bit from it by trading it but out now, I'd be wary of a fundraise at a discounted rate to develop the Ortoire field.

[2sporrans] 10/10/2018 14:08

A reasonable supposition Wanobi; not one you deserved a mark-down for.

My own take is that the newsflow will be very supportive over the coming months, metals prices maybe excepted.
Even if Q3 does disappoint some, the general thrust going forward looks like increased Gold-Equivalent production at sub $600 AISC enabled by [since June] dual process streams [AL->SART gold and Flotation for concentrate] with both recent Gadir and main pit developments feeding this. + Critically resource/mine-life expansion for which Gadir JORC will only be first of series. + possible new resource prospects revealed by Heliborne survey & other exploration.

[ilostthelot] 10/10/2018 13:56

Surprised to see it drop as much before dividend date. Easy money chaps.. 👍

[2sporrans] 10/10/2018 13:50

Well done those that snaffled up at 68p.
Mean't to place a limit buy for that but preoccupied.

[2sporrans] 10/10/2018 13:46

Just as an example of how convoluted the tax regime is:

B. rate tax on divi. 7.5% , HR Tax 32%.

Except if the dividend comes from property investment - includes Commercial Property - where the BR Tax is 20% and the HRT 40%....i think, though not certain about latter.

[jbravo2] 10/10/2018 13:39

Seems like basher's mate is going to have to fight to keep his golf course

[cflather2000] 10/10/2018 12:49

Thanks KS. That's essentially where I'm at as well. Seems a very hard one to judge and potentially too risky for that reason. The current cash flow is very impressive though

[wanobi] 10/10/2018 12:42

I can only reason that some think AAZ is ahead of itself right now and that it will fall should Q3 not be as good as some expect? cheers Wan

[terropol] 10/10/2018 12:29

If people can squeeze in the 7.5% tax bracket the divs here make easy income....