Anglo Asian Mining Share Discussion Threads

[catsick] 18/10/2018 09:50

Its interesting to look at how similar gedabek is starting to look like hot madden which is actually on the same belt and very close, indeed a short distance over the border in turkey, hot madden is a deep plunging orebody where they found low grades of gold/copper ore close to the surface and much higher grades as they went much deeper, ending with the deep bonanza grades. As we learn more about the underground part of gedabek the true potential will be seen, plenty of activity along the trend eg salinbas also close by also similar which ariana are currently drilling....I dont think this next jorc will be the definitive one, there are just too many unexplored areas where it looks like the orebody will continue into....Also when we are underground getting at the higher grade ores we should be able to bump up production to 100k oz plus, the plant puts through rock at a fixed capacity so high grades will lead to higher production...

[mattjos] 18/10/2018 09:38

SP Angel proposed merger with Northland Capital today

[wanobi] 18/10/2018 09:08

thanx jbe81 & ilostthelot, cheers Wan

[jbe81] 18/10/2018 08:53

AAZ auctions occur at the start of the day 9am 11am 2pm and close.(closing times)

[jbe81] 18/10/2018 08:52

Level 2 is useful for gaging the strength of the market, at the moment there seems to be a buyer at these levels would be unlikely the share price will take a big fall, although is only an indicator and things change. It helps with timings for buys and sells. Your broker can probably provide the service cheaper than advfn and once you have signed up for the advfn service its not easy to cancel!! If you are buying large amounts of shares it is worth it, as it will pay for itself by saving you money if you time your buys well and get shares a bit cheaper.

[ilostthelot] 18/10/2018 08:32

You only need level 2 if you're trading alot. Long term investors dont need it. Imo

[ilostthelot] 18/10/2018 08:31

You only need level 2 if you're trading alot. Long term investors dont need it. Imo

[wanobi] 18/10/2018 08:31

in regard to auctions, is that how they work, on set times throughout the day?

why do they happen?

how do they work?

sorry to ask, but, I really don't understand auctions in regard to shares...

is there a training link you can let me have on the subject, thanx.

thanx
cheers
Wan

[wanobi] 18/10/2018 08:28

thanx jbe81, at the moment I have only signed up to live feeds, but not L2 with ADVFN so I cannot see this... I will have to think about getting L2 by the looks of it, else I cannot see the whole picture! Appreciate your response greatly, thanx, cheers Wan

[jbe81] 18/10/2018 08:16

Yes click on level 2 during the auctions, next one is 8.50-9am . You will see the the prices from the MMs and also what others shares are available, which will have lse by them instead of a MM name

[wanobi] 18/10/2018 08:11

jbe81, please can you tell me how you see "Still close to 75k shares wanted in the auction", thanx?

Is it something you see on L2?

Thanx
Cheers
Wan

[jbe81] 18/10/2018 08:05

Still close to 75k shares wanted in the auction, even after yesterday’s buy

[mattjos] 18/10/2018 00:35

Q's 1 & 2 2018 Ave. Prodn. / day

Au: 183.7oz/day
Ag: 468.4/day
Cu: 3.2t/day

Q3 2018 Ave. Prodn. / day

Au: 231.7oz/day
Ag: 645.1oz/day
cu: 5.1t/day

Every $ on gold this Q is going to have a big effect through remainder of Q4 on this increased production level.

[bleepy] 17/10/2018 20:14

back to Aaz...

Q3 2018 Production and Operations review.....

Overview

· Continued improvement in total production in Q3 2018 expressed as gold equivalent ounces ("GEOs") with a 28 per cent. quarter-on-quarter and a 38 per cent. year-on-year ("y-o-y") increase to 24,412 GEOs

· 28 per cent. y-o-y increase in YTD Q3 2018 total production to 61,761 GEOs

· Net cash of $2.8 million at end of September 2018 with only debt being the Pasha Bank low cost refinancing loan

· As announced on 19 September 2018, an interim dividend of US$0.03 per share will be paid gross in respect of the year ending 31 December 2018 to shareholders on 8 November 2018

"The Company's increasing production continues to strengthen our balance sheet and I am again pleased to say that the Company moved into having net cash of $2.8 million at the end of September. This is an exciting time for Anglo Asian as we prepare to pay our maiden dividend in November 2018."

[wanobi] 17/10/2018 18:35

AAOG are getting there, fingers crossed for all holders, I have not bought back in yet :-) however, I hope this one flies for you guys... I see they've now gone further than their last attempt and believe in 25 days they hope to strike oil.... good luck all, cheers Wan

[mattjos] 17/10/2018 17:13

2.5p stock being flipped from the last placing

[lefrene] 17/10/2018 17:11

But Friendzarin, I've put in hours of banjo practise! :¬) I also have lots of sharpened bamboo poles ready to install in hidden pits, I was digging a practise pit for the neighbours dog, but then my mum called me in for tea. :¬)

[jbravo2] 17/10/2018 16:53

If so, I hope it's Highclere

[terropol] 17/10/2018 16:46

75000 bought at auction @75p
We must have an institution buying. Looking forward to a declaration of holding at some stage.
Another day, another dollar.
Have a good night all.

[wanobi] 17/10/2018 16:29

mattjos, is there a persistent seller at STAR?

do you have any intelligence on them, who they are, number of shares to go etc?

Thanx
Cheers
Wan

[wanobi] 17/10/2018 16:01

Gold Break-Out well underway i'd say, cheers all, thanx Wan


free stock charts from uk.advfn.com

[friendzarin] 17/10/2018 16:00

I think I'd like to see the Gadir JORC lefrene before I contemplate life beyond the Thunderdome ;)

[sportbilly1976] 17/10/2018 15:50

Gold on a 12 year, monthly candlestick chart is bouncing off the clear rising support line...resistance around $1350 or so

[lefrene] 17/10/2018 15:26

Well JP Morgan came out about 10 days ago and said gold was going up. Call me a coward but I wouldn't bet against JP Morgan :¬)

Certainly since the 2008 crisis and the quick fix of 'quantative easing' fiat currencies have gone off into a whole new parallel universe, compared to how money used to be valued. We are possibly living through the biggest con-trick in history, but everyone joins in the game of pretending that the Emperor actually does have a few clothes, because of course to admit the reality brings down the house of cards overnight.

Is it time to get that secret cave in the hills and fill it with food and guns? At least gold serves as a canary in the paper money mine. We also have Zimbabwe and Venezuela to observe as lab rats to what happens when things break down.