Anglo Asian Mining Share Discussion Threads

[mattjos] 11/10/2018 16:10

$25/oz on Gold today! . me thinks a new uptrend is emerging now

[robo21] 11/10/2018 16:10

Majority miners blue today
We will follow as sure as
Monica blew Bill !!!

[robo21] 11/10/2018 16:09

Majority miners blue today
We will follow as sure as
Monica blew Bill !!!

[mattjos] 11/10/2018 16:08

yes, me too Cel. Been a lovely day at the sales here

[thechurch333] 11/10/2018 16:08

Found some spare cash so I could reinvest my dividend early!

[celeritas] 11/10/2018 16:06

Had more, stupid, stupidly low price.

[bozzy_s] 11/10/2018 16:04

Looks like switch to gold safe-haven is happening. Goldies such as CEY (up 9%) and HGM (up 5%) bucking the market trend. AAZ issue an 'ahead of forecasts' production update and are down! Expecting a very strong day tomorrow.... 3p or 4p on the share price...

[wanobi] 11/10/2018 15:49

cheers jbe, appreciate those comments as its very hard as a newbie to make the decision to keep buying more on the dips etc... I haven't yet got the confidence that you guys have gotten through experience & research over many years etc.

You guys really know AAZ and it's people inside out,,,, as if you are effectively major shareholding owners!!!

that' the way to do it!!!!

Cheers
Wan

[jbe81] 11/10/2018 15:44

Gold up to $1215, if gold starts rising share price should motor. Gadir jorc can't be far away.

[jbe81] 11/10/2018 15:41

Wanobi, no don't use HL. If your orders are getting filled you will need to pay more for the shares if you want them .IMO the dividend underpins a valuation of 80p and you get all exploration upside for free. Nice move north in gold today, if it continues AAZ won't be staying at this level for long.

[wanobi] 11/10/2018 15:32

cinoib - yes, thanx for bringing that up, I thought it was my internet connection,,, I can get the trades screens to work at all today... Cheers Wan

[cinoib] 11/10/2018 15:27

Thanks gents for your imfo, cnbc seem to have the same as well as yanks selling doggy loans, again seems to have put wind up everybody. AS ALL BUT ONE of my stocks is profit making will ride it out and save my pennies to buy in when we touch the bottom. o any of you level 1's having trouble with your streaming as mine keeps stopping.

[bleepy] 11/10/2018 15:27

YTD Q3 2018

· 28 per cent. y-o-y increase in total production to 61,761 GEOs (YTD Q3 2017: 48,275 GEOs)

· 45 per cent. y-o-y increase in gold production to 54,573 ounces (YTD Q3 2017: 37,686 ounces)

· Copper production totalled 1,057 tonnes (YTD Q3 2017: 1,872 tonnes)

· Silver production totalled 144,362 ounces (YTD Q3 2017: 125,375 ounces)

· Forecast production for FY 2018 now at upper end of previous guidance of between 78,000 to 84,000 GEOs



Just maintaining Q3 production will exceed FY2018 guidance by 2,173geo @ $1200 = $2.6ml.

2s has already mentioned likely revenue of $1ml-$2ml (copper condensate)not accounted for in report.

Would round the year off rather nicely tagged onto Gadir jorc and heli survey...

[wanobi] 11/10/2018 15:08

TXP gone blue, what a little star in the making..... Cheers Wan

[wanobi] 11/10/2018 14:58

AAZ - anyone, when AAZ says;

Anglo Asian is also actively seeking to exploit its first mover advantage in Azerbaijan to identify additional projects, as well as looking for other properties in order to fulfil its expansion ambitions and become a mid-tier gold and copper metal production company.

what Market Cap is classified as a mid-tier please?

Thanx
Wan

[wanobi] 11/10/2018 14:56

TXP - KS, nice, thanx my friend....

I love this shareholder stuff at the end of the RNS;

Paul Baay, President and Chief Executive Officer, commented:

"I am pleased to report that we have exceeded our near-term production target of 2,000 barrels per day. The team has established a solid production base with our focus now on the six additional wells that we expect to drill prior to year-end. With the majority of our drilling obligations satisfied, the advantage of having our large diversified asset base allows us to focus on the assets that provide the greatest shareholder returns. We continue to refine exploration prospects on our Ortoire property and are very excited about its future developmental potential."

Cheers
Wan

[wanobi] 11/10/2018 14:48

what a surprise, a market correction in October lol.....

good luck all,

Cheers
Wan

[sh0wmethemoney] 11/10/2018 14:20

Had my divy from my cfd today with lg look to have been payed £0.0227 per share if they are now paying 100% on. To reinvest today or wait and see if pulls back a bit more is the question.

[mattjos] 11/10/2018 13:42

Early days but gold looks to be breaking up out of 8 week basing consolidation

[wanobi] 11/10/2018 13:35

now offered 63.375p for 25K

Cheers
Wan

[lefrene] 11/10/2018 13:00

Mattjos, the company is proving to be a good asset for Azerbaijan, their efficiency and competence is unlikely to go unnoticed. Perhaps it may lead to other opportunities?

[wanobi] 11/10/2018 12:47

thanx mattjos

[mattjos] 11/10/2018 12:46

Soon the T20 buying window will open for the divi cash. I doubt it will go lower than 63p Offer

[wanobi] 11/10/2018 12:44

with an average or 55p I think I'll hold of on that 50K for now and see if AAZ drifts down into the 50's from here.. could even fall into the 40's at which time I'd be averaging down,,, hmm, interesting mental challenge ahead perhaps!!!

you guys surely don't have bottomless pockets unless you're all borrowing to buy more :-), so will it fall as you all begin to stop buying more and more?

any advice on what you'd do in my position would be most appreciated, thanx...

cheers
Wan

[mattjos] 11/10/2018 12:31

Not only are we providing employment & gold to the govt. but now also paying corp tax ... reinforces our in-country leadership position