Anglo Asian Mining Share Discussion Threads

[wanobi] 19/5/2020 14:00

AAZ next Event 21 May 2020



Just a reminder chaps :-)

RNS to come before then :-)

Cheers
Wan :-)

[henwii] 19/5/2020 13:59

Bleepy,

Thank you.

[gold finger 1] 19/5/2020 13:53

Thanks for that chart Matt.
Iam not great with charts but do try.

[wanobi] 19/5/2020 13:27

many thanx cmb, post 19665, I shall take a look at Sharedeal Active tonight, cheers Wan :-)

Bars OPEN - you lucky lucky man,,, enjoy :-)

[pogue] 19/5/2020 13:22

about time

[brasso3] 19/5/2020 12:35

FDBK on the move chaps.

[donald pond] 19/5/2020 12:30

I'd always assumed it was one to avoid but cmb is quite astute and the narrow spread intrigued me. Took a small bet on IG, happy to see how it plays out from here. Something's going on, that's for sure

[brasso3] 19/5/2020 12:28

Looks like Argentina is going to fix oil prices at $45/ barrel to support the industry.



Could bring PPC back into play.

[donald pond] 19/5/2020 12:26

budvan,
if you want to talk AAZ, here's the place. If you want to talk other shares with some AAZ followers, use Wan's AAZ thread

[lefrene] 19/5/2020 12:25

Spidertricks, I'm quite sure our astute and capable managers will have locked in prices via the futures market, far less hassle than building tankage for storage, and all the problems that can go with storing flammables.

[mattjos] 19/5/2020 12:24

it's often a bit 'leaky'

[mattjos] 19/5/2020 12:23

ok, thnx mf/dp. I've joined you actually with a chunk at 1.1 .. chart interests me & volume yesterday & today is interesting

[brasso3] 19/5/2020 12:21

The spread for AMC is very tight with IG. Strange action today.

[mattjos] 19/5/2020 12:17

mf … volume building in AMC .. third highest volume day this year. What's the craic?

[budvan] 19/5/2020 11:56

Hi guys.
Which stock looking really hot now? Any ideas
Thanks

[mattjos] 19/5/2020 11:43

like this, on Weekly Candles with Volume:

[bleepy] 19/5/2020 11:40

@HENWI

hxxps://www.piworld.co.uk/2020/05/15/everything-youve-wanted-to-know-about-market-making-but-never-been-able-to-ask/

There’s part one and two to view.

[spidertricks] 19/5/2020 11:39

This might be a bit of a naive thing to say but nevertheless, would it be worth AAZ considering buying and stockpiling a large amount of oil/fuel while prices are so cheap ?

[gold finger 1] 19/5/2020 11:25

I am not the greatest charter,but on the daily chart we have been in a down channel from the high of last September. We have hit it twice since the end of april.
We are also in a up channel since the low on march 19.
They are both coming together now so one has to give.

[mattjos] 19/5/2020 11:22

From SPA Morning update:

Gold miners – Operating margins take off as costs fall while gold prices rise

• Operating margins for gold miners have taken off as costs fall and gold prices rise
• Many gold miners that were struggling to make ends meet at $1,100-1,200/oz gold have seen costs plummet
• Collapsed local currencies combined with a very substantial fall in oil prices has cut costs particularly for open cast miners.
• Reagents which are often derived from oil should also be cheaper.
• Margins in many cases have multiplied from <$100 oz="" to="">$500/oz.
• Gold prices are looking relatively solid at $1,730/oz for now

SP Angel recommended:

Producers:

• Anglo Asian Mining - consistent gold production from the Gedabey gold mine in Azerbaijan
• Chaarat Gold - growth focused FSU producer
• Rambler Metals and Mining - gold with copper production at the Ming gold mine

Developers:

• Scotgold - Scotgold is building Scotland’s first modern gold mine with production due within months depending on lockdown restrictions
• Kefi Minerals – Tulu Kapi project in Ethopia
• Condor Gold - preparing for project development in Nicaragua
• SolGold - 22moz of gold in Alpala project in Ecuador. The project is under evaluation and is backed by Newcrest and BHP Billiton.

Explorers:

• Altus Strategies – around 1moz of gold resource across a number of propspects
• Cora Gold - exploring in Mali along from Yanfolila Gold Mine Humminbirds
• Empire Metals - gold cap at Kvemo Bolnisi project overlying larger copper resource

[henwii] 19/5/2020 11:14

Could whoever put up the link for the former MM interview / presentation could they do so again as I missed it and would like to watch? Or post just the post number.

Thanks.

[skeptic1] 19/5/2020 10:56

That's a good news article. Reduces some uncertainty at least...?

[wanobi] 19/5/2020 10:42

many thanx cmb, cheers Wan :-)