Anglo Asian Mining Share Discussion Threads

[bumpa33] 17/5/2019 09:22

crazy cheap on a p/e basis.

[bumpa33] 17/5/2019 09:21

wan, does look like the gap in AAZ going to get filled though. Apologies for encouraging you :)

[mr roper] 17/5/2019 09:20

Needs a quick dip and bounce then we can move on swiftly

[lefrene] 17/5/2019 09:18

If the pattern of the graph repeats itself it looks like 94p is the level to bounce off? It's just being played with, as an investment with a high yield it's plain very cheap.

[mattjos] 17/5/2019 09:09

not filled as far as i am concerned

[celeritas] 17/5/2019 08:56

Yep currently 3.13p

[bamboo2] 17/5/2019 08:53

FWIW, Just checked my last market price based chart and can also confirm yesterday's gap up is now filled.
Also potential turn day noted 20/5/2019

[mad foetus] 17/5/2019 08:51

FWIW I could buy at 97 15 minutes ago and now I'm being quoted 98. But I really don't need anymore. Unless I can get them for 96!

[sportbilly1976] 17/5/2019 08:48

I do believe the current 96p mid fills it :)

[mattjos] 17/5/2019 08:40

Grief, £1,007/oz now. GB£ really taking a pasting as a consequence of the BREXIT saga & associated political mess.Looks very likely to persist until divi is paid ... who is going to vote for TM's deal now, knowing she will be gone in a few weeks time & with Farage on the ascendancy?All good for us as Gold likely to remain strong & the 4c dividend will result in more GB£ for us.

[wanobi] 17/5/2019 08:32

AAZ all, very sorry to break my promise, but this is more for learning about ADVFN than anything else,,,, yesterdays chart clearly showed the GAP (below):-)


free stock charts from uk.advfn.com


But today I draw the same chart and the GAP has gone :-)


free stock charts from uk.advfn.com



free stock charts from uk.advfn.com


Now that's really strange to me, is it real or is it some ADVFN software bug or what!!!! Just shows us, we xcannot rely on everything we see :-) LOL cheers Wan

Still a nice bounce of that 94/95p line today would be a very good sign in my book :-~) cheers all,,,,

NO MORE GAP TALK NOW - promise :-)

Cheers
Wan

[mattjos] 17/5/2019 08:25

I believe most just waiting for the small gap to fill

[mad foetus] 17/5/2019 08:20

Can buy in reasonable amounts at 97p. A bit surprising.

[jbravo2] 17/5/2019 08:20

"aggressively pursue any suitable opportunities outside Azerbaijan which it believes can be made commercially successful."

[wanobi] 17/5/2019 08:18

AAZ my bet, on no volume will be taken down by the MM's today :-) let's see if there are any buyers out there after yesterdays feeding frenzy :-) cheers Wan GLA

[jaspoland] 17/5/2019 08:15

mf expect the unexpected ;)

[wanobi] 17/5/2019 08:13

I 1000% believe you Bumpa, well done, cheers Wan :-)

[bumpa33] 17/5/2019 08:12

believe me, it ain't. Rang round everyone pre mkt, got offered £3 on the first call!

[mad foetus] 17/5/2019 08:11

Interesting to see whether there is any follow through today. Feels like we are in a bit of a standoff, with nobody wanting to sell but most PIs already well overweight in AAZ. That said, I suspect the board and about 50 PIs, many of whom are on this BB, have 70-80% of the shares, so the free float is very small. But with the current spread, something needs to happen to make the price move: a flurry of trades, news of some sort etc. I am hoping that we get a constant stream of exploration updates throughout the year. We have so many pots simmering that shouldn't be a problem.

[wanobi] 17/5/2019 08:11

YIKES


free stock charts from uk.advfn.com


free stock charts from uk.advfn.com


well done Bumpa, you make it look so easy :-) cheers Wan LOL

[bumpa33] 17/5/2019 08:06

ouch. STAF short 650, out 500

[wanobi] 17/5/2019 07:52

yep, there we have it, breakaway gaps actually a good sign and not always filled,,, however, for me, this was a big one, so fill and then move to a new high and that's surely an even stronger chart signal :-) anyhow,,,, enough of GAPS Wan,,,, NO more GAPS today,,,, I promise, I will drop all GAP conversations now till the next one :-) LOL (thanx again K mon)

GLA
Good morning all
Cheers
Wan

[laurence llewelyn binliner] 17/5/2019 06:59

As I quoted yesterday #bluezulu CEY paid a $0.03/share dividend on Monday this week, they have a 90p share price and trade off a PE of 16 with a FY EPS of $0.065/share, so using that metric as an easy reference we should be nearer £2 than £1...

Some key differences are in the LOM, their 15 years compared to our 5, but we know that our ‘real’ LOM is comparable too, maybe better, other risks to consider are jurisdiction, government, religious conflict probability, they have zero debt, net cash and it's hot as hell in the summer but with more flies so pretty much like for like .. :o), the PSA is broadly similar too at c50/50%

Our trump card is the AISC of just $541 which is fantastic, theirs $900+

Another interesting day coming up here and see if we can clear 100p for good...!

[blue_zulu] 17/5/2019 04:29

Fantastic results! Congrats to AAZ and to all on this thread!

I don't know anything about any of these other miners but looking at their PE Ratios - they do seem pretty high compared to AAZ. Anyone have any idea what realistic PE ratio we should be at considering the size and any other relevant factors for AAZ?

Barrick Gold Corp:
During the past 13 years, Barrick Gold Corp's highest PE Ratio without NRI Ratio was 52.49. The lowest was 0.00. And the median was 13.27.

AngloGold Ashanti:
NYSE:AU' s PE Ratio Range Over the Past 10 Years
Min: 7.74 Max: 185.57
Current: 36.9

Avino Silver & Gold Mines Ltd:
15.66

[klosters65] 16/5/2019 23:57

After all that was revealed in this mornings News Release / Report , I am astounded / pleased the share price has increased by only 4.8%. If you are a Buyer of AAZ shares, the derisking ( no such word) element gets better and better. I increase my holding each week as my confidence increases each week.