Anglo Asian Mining Share Discussion Threads

[riggerbeautz] 11/5/2020 22:47

CMB post 19084 exactly!! Though I have got a trading batch now I could offload or just plain keep hold longer :)

[wanobi] 11/5/2020 22:38

who knows ODR, but, yep, so long as you bank it, 2 + 2 could equal 9.6 :-) LOL, cheers Wan :-) GLA MWG holders :-)

[onedayrodders] 11/5/2020 22:36

yep MWG could be one of the last Covid rockets in this frantic 'gold rush' period.
Again, a quick look and most are adding 2 + 2 and coming up with 5.

But hey .. if you are in a multi bag .. who cares ...as long as you bank it

[callmebwana] 11/5/2020 22:23

Wan,I could not agree more with you on your above posts.

[wanobi] 11/5/2020 22:22

that said cmb,,, if they clear it up,,, then the basket ball being held underwater (from the book Rb :-) LOL) will burst upwards big time in my novice opinion :-) fingers crossed,,, we shall see,,, soon :-) maybe,,, cheers Wan :-)

[wanobi] 11/5/2020 22:18

yep, me too, cmb, has been on my mind since the day it was announced,,, all that ambiguity over statements like the 'buying and selling of the PSA' or something along those lines if I recall correctly and then how quickly it was shut down by the company using the 'take over' rules etc etc... and never spoken of again :-).... all part of the game I suppose, but, can't help thinking the share price today will have been a lot higher without it,,,,, it just added a massive uncertainty in to the investment equation which we've all lived with for some time now :-) oh well, cheers Wan :-)

[callmebwana] 11/5/2020 22:07

Wan ,it is just the PSA that is on the back of my mind. I know the LOM will happen and get extended.
It is what the Azari Gov. have in their mind that troubles me a bit at times.
Then to comfort myself I have to remind myself to the amount of the BOD,s holding.

[callmebwana] 11/5/2020 22:07

Double post again !! It has to do with my clock windup internet I think
Appologise for that.😒

[wanobi] 11/5/2020 21:55

agreed cmb,,, not really a strategy for AAZ for me,,, but, I dare say the more nimble traders out there will have worked the strategy well :-) and good for them,,, many thanx as always,,,, Cheers Wan :-)

[callmebwana] 11/5/2020 21:52

Wan just a bit of my thinking,yes you can sell and buy back, it all depends on the amount of share that you are planning to trade.
Don't forget buying back the amount can be very difficult at times if the amount of shares is large.
Just my penny's worth.

[wanobi] 11/5/2020 21:50

not expecting bad news skeptic,,,,, famous last words LOL :-),,,, just good news on the financials, but, perhaps no more clarity in regards to LOM, AZERGOV PSA, future expansion plans to go along with it and if the market is expecting that, then, maybe it'll be sold off on the RNS, that's all we're saying really :-) I think :-) Cheers Wan :-)

[walter walcarpets] 11/5/2020 21:39

Keep an eye on MWG - water contamination treatment with (yawn, I know) COVID19 angle, as discussed in parliament today. up 60+% today.

[mad foetus] 11/5/2020 21:37

The dividend should put a floor under the price. What that floor is I don't know, but in an environment where dividends are increasingly being cut, a company with profits and dividends that are both growing will attract some attention. The key imo is to convince the wider investing public that this is all sustainable (I.e. the old LOM question) and to get some institutions on board. If people expect a fair bit of selling on the news, the company should really get buyback authority in place so they can hoover up the shares and transfer them to someone who would like to take a £5-£10m stake but knows it would be impossible to do that in the market.

[skeptic1] 11/5/2020 21:37

Surely if there were 'bad' news there would be a requirement to inform the market. Given we have been stalled for such a while, and no news to the contrary, why wouldn't we assume things were A-OK? The last update was positive to my eye, what has changed in very few weeks?

[wanobi] 11/5/2020 21:35

and I must say it has crossed my mind to sell on the lead up to the RNS to then buy back in on the sell off upon the RNS,,, but, so far I have not adopted this strategy,,, but maybe others are doing so and one cannot argue with that based upon previous RNS events :-),,,, enough now Wan :-) LOL,,,,, GLA Cheers Wan :-)

[wanobi] 11/5/2020 21:29

hmm, yes, kinda resigned myself to that Rb :-),,, but you never know, they have gotten a lot better at playing the RNS game in recent times :-),,,, he says having only been invested for less that 2 years, whilst you guys have been in for ages :-) LOL,,, cheers Wan :-)

[riggerbeautz] 11/5/2020 21:27

Judging by how many are proposing to sell a snake seems inevitable even with mind blowing numbers because I’m not certain it will be more than financials. Be hard if they sold only for a revised jorc to come out a day or week after though eh.

[wanobi] 11/5/2020 21:25

really, wot,, :-) cheers Wan :-)

[mattjos] 11/5/2020 21:24

That's cheating mf/dp .... better research than that please

[wanobi] 11/5/2020 21:22

many thanx cmb,,,, oh yes,,, oh what a game this is :-) LOL,,,, and right now, all eyes on AAZ :-) :-) will there be a ladder or a snake on the next roll of the dice :-),,, we shall soon see, cheers Wan :-) GLA holders :-)

[riggerbeautz] 11/5/2020 21:22

lol mf it’s still good 👍

[wanobi] 11/5/2020 21:18

BTC - many thanx Brasso, mind boggling chart, will be very interesting to see if the pattern repeats once again :-) GLA BTC players, cheers Wan :-)

[mad foetus] 11/5/2020 21:17

Donald Pond is the author guys - lol!

[jeanesy] 11/5/2020 21:17

Yes good find
mf. It is well worth remembering that there are some on here that are getting more in dividends than the price they first bought shares at in AAZ although some of us did not have the foresight nor the balls to buy as many as some !!