Anglo Asian Mining Share Discussion Threads

[donald pond] 05/5/2020 12:21

Sold out of ACP at 3.10 and 3.15, made 25% since Thursday and 10% this morning and really, have no idea about startup graphite mining in Africa so lets not be greedy! One of those a week would do very nicely.

[henwii] 05/5/2020 12:16

lvl 2 looking quite strong.

[mattjos] 05/5/2020 11:43

In the T10 window now

[mad foetus] 05/5/2020 11:42

Just opened a spread bet at IG, they would/could only give me £10 per point!

[king suarez] 05/5/2020 11:39

Wan - JSE in a nice rising channel - maybe resistance around 60p on the chart, what do you think?

TXP also looks poised to breakout to me.

[mattjos] 05/5/2020 11:35

grief! Is that a 2p spread i see?

Max online to buy is 1,875 shares all of a sudden

[king suarez] 05/5/2020 11:28

We should be getting the annual report and accounts in a couple of weeks time.

Hopefully a comprehensive update on exploration and forward guidance/strategy within - if not, then I think we need to start pressing the BOD for info?

[easwarareddy] 05/5/2020 11:13

Many thanks wan... what share price are the charts showing short to medium term?

[friendzarin] 05/5/2020 11:12

K65.According to Bill they do.

[klosters65] 05/5/2020 11:08

You guys know the management well. So tell them.For the first time in recent years, most of us shareholders are not very happy at not been kept informed, at least partially , what is going on. Clearly this is acting as a dampener on the share price. I have asked before. Do management read what is written here.

[mad foetus] 05/5/2020 11:03

I think we are all on the same page. We've been given glimpses of lots of stuff, and were told at the AGM that if we didn't hear of other deals it was good, because it meant our new finds were better than prospective deals. But this silence...really, since the AGM, it feels like communication has been minimal. The last time Bill was over he said they were subject to takeover rules. Come on guys, let us know what's happening!

[mattjos] 05/5/2020 10:57

agreed FZ.

This is worse than watching concrete set at present. Appreciate there are more pressing matters on the operational front for the time being but, there does seem to be a complete news blackout by the company on Strategy, Exploration & Development - the three key things that all investors are waiting for more than anything else.

[wanobi] 05/5/2020 10:52

thanx ears, ok at the moment :-),,, hope you're also keeping well,,,, nice C&H and breakout, textbook,,, apols for the straight lines to my cup but you can see the pattern :-) Cheers Wan :-)


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[friendzarin] 05/5/2020 10:49

On 13/03/2018 AAZ launched its 2018 Geological Exploration Programme for 2018.

It had the following overview

2018 to be the first year of a three-year rolling programme of geological exploration of near mine, brownfield and greenfield areas with the objective of:

o replacing mined ounces

o extending the current mine life to a 10-year minimum

o increasing the Company's inventory of resources

o discovering new mineral deposits similar to the Ugur open pit mine ("Ugur") which have the potential to be quickly developed into operating mines

We are now 26 months into this rolling programme and I don't think it unreasonable of investors to expect the company to provide some guidelines/estimates in its next update of the measured progress they have made to meeting their own objectives / success criteria.

[gutterhead] 05/5/2020 10:48

Just had a cheeky top up.
122p beautiful

[brasso3] 05/5/2020 10:47

Wan

I think the gap at 113p also completes the inverse H & S.

[easwarareddy] 05/5/2020 10:47

Hi Wan hope your keeping safe and well. Could you do me a favour n do a chart for cobr its got huge potential. Tiny mcap and rns due soon. Could really launch.

[wanobi] 05/5/2020 10:45

AAZ - still that GAP at 113p to fill :-) LOL, oh what a game huh :-) Cheers Wan :-)

[riggerbeautz] 05/5/2020 10:34

Reat retreating on profit taking, I think they have scale issues myself and ditched but if it gets around 1p I’ll buy back.

[skeptic1] 05/5/2020 10:32

Seems to be quite a few significant sells going on too which doesn't help matters...

[riggerbeautz] 05/5/2020 10:31

I’m sure in the context delivered the “take your time, we’re in a hurry”, was focussed on proving up the resource around the 31 or so Ztec zones identified. We have had morsels reported but the rump is still to come. Doubt they have been twiddling their thumbs, but might have slowed progress the last few weeks due to working practices changing.

[wanobi] 05/5/2020 10:28

yep, thanx, cheers Wan :-)


free stock charts from uk.advfn.com



free stock charts from uk.advfn.com

[pecuniarum copia] 05/5/2020 10:22

wanobi

Chart worth revisiting: TLY, as on the move after recent TR-1's on 23/4/2020 and 4/5/2020


pc

[mad foetus] 05/5/2020 10:20

I read an RNS from a miner today (Chesterfield maybe, not sure, I read a lot!) where they refer to covid and said that it has given their exploration team a lot more desk time to analyse data. I'm really baffled by the lack of news that the exploration programme has produced. There have been a couple of snippets about bonanza grades, which then are not followed up, lots of talk about 34 targets and promising outlines, coupled with mention about how quickly AAZ can bring things into production, but then, zilch...it is all very odd, speaks to me of the dead hand of government holding things up.

[goodgrief] 05/5/2020 10:17

Sununu's 'take your time, we're in a hurry' comment might be the focus of a few questions at the next AGM!!