Anglo Asian Mining Share Discussion Threads

[mattjos] 05/5/2020 20:46

Am really starting to like the look of the Gold chart now .... $1,825 anyone?

[polaris] 05/5/2020 20:45

It is now 5 weeks since the disconnect between spot and gold future reached $80. That was 2 days before the close of the April gold future. We are now just over three weeks from the expiry of the next major gold future (the June contract). I wonder if we will see something similar? Also, spot gold is now trading around $1700, around $90 higher than in late March. That's not bad for a little over a month.

[klosters65] 05/5/2020 20:38

Will some one please explain the trade for 75,000 shares at 120.50p after the market closed at 16.32pm.Thanks.

[waterloo01] 05/5/2020 20:31

It's actually not that bad a chart. Seems in an uptrend over last 2 years. What seems to me has stalled it is the LOM.

[podgyted] 05/5/2020 20:26

Wish AAZ was on a fwd PER of 25+ !

[jeanesy] 05/5/2020 20:12

Reading and listening to what is likely to happen to gold does make me nervous about the PSA agreement that AAZ has with its government. there has been some sizeable sells recently. Im not expecting to hear news about the PSA with results but like many here i think it is time that we heard more on what is going to happen with AAZ and the government. The silence is starting to be a worry for me.

[jeanesy] 05/5/2020 19:46

I decided to buy another share today PXC . Somebody mentioned it the other day on here as having doubled. It has fallen back a bit and after seeing a very positive RNS yesterday and shares being bought by one of its directors i have made an initila purchase. The mining company is a copper/silver/gold play in Idaho. A bit like CNG it moves on pretty small volume.

[riggerbeautz] 05/5/2020 19:35

Knew you would latch onto that ;) lol

[bumpa33] 05/5/2020 19:06

Hat tip to who posted this earlier, here I think?




It’s worth a watch, and another/similar view also on what might happen to some/many gold miners in less ‘glamorous’(!) parts of the world, should things gets crazy.

[c0lin1] 05/5/2020 18:59

Big week this week for North American miners. Nem started today with good earnings.

[oakey1] 05/5/2020 18:53

Eh up...haven’t posted here for a bit...been banging bits of wood together for a living....doubled my portfolio last 6 weeks ....every stock apart from WEY is blue...cheers chaps and chapesses over the last 2 years I think I’ve got the hang of it now....still got my aaz btw :)

[the stigologist] 05/5/2020 18:52

The UK Government has been a Company maker during this crisis. Otherwise small unloved underowned underresearched undervalued companies gained huge prominence because a desperate Government needed to expand and 'ramp up' UK diagnostics sector capacity urgently.

GDR Genedrive and ODX Omega Diagnostics were two major beneficiaries. Away from Covid emergency the Government have also been funding and supporting PYC Physiomics to develop what could become nothing less than a universal cancer decision support system

In the middle of recent market crash (March 10th) PYC announced a further funding award from UK Government's NIHR of c£150k to add to previous awards they'd received of £199k to date

Interestingly in the smaller print towards end of statement they talked about three items which should see this Company develop significantly and earn much greater prominence



1. how this funding round was generally seen as accelerating companies towards another later stage funding rounds which tend to be in the range of c.£1m (a current £3m Company gaining access to c.£1m of Govt funding to accelerate a product development would be pretty huge and transformational news)

2. that they remained in discussions with 'established players' in the Personalised Medicine space. Most of the 'established players' in this space who've identified the opportunity are Billion+ unicorns (in the UK likes of BenevolentAI, Exscientia, maybe even PYC's Oxford Science Park neighbour Sensyne Health)

3. they talked about gaining regualtory approval for their tool "in Europe and beyond" and alluded to making their existing 'prostate cancer dosing app' more 'universal' by applying it to other cancer types and cancer drugs.

In essence what they are working towards but maybe hiding their light under a bushel about at present is a universal AI/ML driven Personalised Medicine 'Cancer Decision Support System'. If they pulled that off you're talking a Company potentially worth hundreds of millions. They have the impressive backing of numerous well respected Institutions in cancer space as their projects/partnerships to date demonstrate but they look set to go to a whole new level soon.

All of these 3 items if they eventuate could be game changing for a Company presently valued at only £3m

This project has so far been a sideshow project for PYC from their 'bread and butter' business which is providing Modelling and Simulation software and consulting expertise (embodied in their Virtual Tumour model of cancer) to bios/pharmas like Bicycle Therapeutucs and Merck in their cancer drug development programmes

[callmebwana] 05/5/2020 18:37

M/F - DP, I could not agree more with you.
The question of the PSA is hanging over this share price.

[callmebwana] 05/5/2020 18:30

RB great post.
I drink copious amounts of red as nothing else to do at the moment always after 7 PM local time. Money comes and I spend it to amuse myself under normal circumstances. These are different times. So nowhere to spend it on !! This kind of life is not at all to my liking.
You can only go fishing so many times !
Oh well, let us see what the future brings.
I started to buy into AAZ @16P
as I was looking for a gold miner to go into my portfolio.
Have a good evening all. Good luck for tomorrow.
ATB.

[mad foetus] 05/5/2020 18:28

There has been a very noticeable decline in volume over the last 8-10 weeks. There's definitely no hot money here!

[wanobi] 05/5/2020 18:06

great post Rb, thanx,,,, I do like to make new friends though LOL :-),,, Cheers Wan :-)

[wanobi] 05/5/2020 17:28

many thanx all for your continued efforts and great posts,,, greatly appreciated by all of us and those looking in for sure,,, what times we live in and what a game this is... wishing you all a fine evening, cheers Wan :-) one beer down :-) LOL

[wanobi] 05/5/2020 17:16

rather perversely as an AAZ shareholder I actually welcome the higher price of oil,,,,, yes it means our energy costs are going up,,, but its tiny really,,, the main thing to me is greater stability in AZER with better revenue expectations coming from their oil PSA's,,,, and that to me should keep the wolf from the door of AAZ,,, if there ever was a wolf that is :-) LOL,,,, hopefully you get my point,,, cheers Wan :-)

[donald pond] 05/5/2020 17:09

The facts are harsh, but the share price is where it was 11 months ago, despite the price of gold being near $400 higher. So that means that all of the effort that the company has gone to over the last year is valued by the market at significantly less than nothing. As far as Mr Market is concerned, AAZ has gone backwards.
We suspect this is not true, but it does highlight how little visible progress has been made. As bozzy mentions, for a company that highlights how quickly it can bring mines into production, there's been little evidence of this recently. But we need to have better communication than this. I assume the dead hand of the government is slowing things down, but since last August we've had that hanging over AAZ. It needs to change.

[wanobi] 05/5/2020 17:04

yep, full on learning experience for me cmb,, crazy times :-) Cheers Wan :-)

[callmebwana] 05/5/2020 17:03

Thank you for your feedback guys.
I respect all your decisions,as I said we play it all in our own ways.
I have to thank you Bumpa for AVCT.
I did not buy in straight away,it was because of the cancer treatment and I did my DYOR on it.This virus came out of the blue and here we are today.
My internet is a wind up clock here so I have done no trades at all. Like you say it is a traders market for sure.
Time for Wan to practis and learn.:0)
ATB.