Anglo Asian Mining Share Discussion Threads

[wanobi] 21/5/2020 13:46

indeed I have GR :-),,, what can you say,,, other than prove up those and AAZ share price will no doubt be higher than where it is today provided AZERGOV doesn't mess up the PSA and opportunity for us all :-) fingers crossed nothing like that will happen,,, but whilst there is a perceived risk there all we can do is sit on our hands, buy more and watch the game play-out :-),,, certainly no thoughts whatsoever in regard to selling any of my shares :-),,, oh, and also collect those very nice divi's along the way which are somewhat better than the 0.01% interest rate I get from my bank right now LOL LOL LOL,,, Cheers Wan :-)

[mattjos] 21/5/2020 13:44

Porphyry ore deposits typically form in magmatic arcs above subduction zones.
The ore minerals get precipitated out of the hydrothermal fluids according to localized conditions and triggers and you get these pockets of concentrated mineralisation in an arc above the subduction zone.

It's what the Russians believed to be here.
It's what Behre Dolbear believe to be here.
It's what the members of the FAMOS team believe to be here
It's what Hardmann believe to be here

& most importantly, It's what Steve Westhead and his team believe to be here

Can you tell what it is yet?:

[callmebwana] 21/5/2020 13:42

RB, no offence taken at all.
I am just saying how things are with some truthfully.
IHT allows up to £500K allowance to a person like me if I leave my property to my children. As I am not married.
Well the house I live in is valued around that !! What about the rest of my estate and money in the market/bank etc,etc.
LOL having no money brings it's problems and having money brings it's own problems.
The very rich get around IHT with the help of expensive solicitors etc.
Guys like me get,rather my kids will get caught in the IHT net. Many normal families around London are in this situation because of the house prices.
Everyone to their own but I am only thinking about my situation.
Such is life !!
ATB.

[riggerbeautz] 21/5/2020 13:40

Good Grief several U.K brokers do, main players like ii and Hargreaves will I’m sure, just depends what you think to their offering and charges I guess.

[goldrush] 21/5/2020 13:39

wan

Have you seen Matts map of the AAZ Arc on his thread ?

[kickingking] 21/5/2020 13:38

Sorry my mistake, Accountant.Regarding Bullionvault that is the first time I have seen it down. They said will be up at 2pm.

[gold finger 1] 21/5/2020 13:37

I see sales are out numbering buys again.
I bet we see them moped up at sometime today again.
People are so easily removed of their golden tickets.
The plan has been given now, Five new targets, not one or two, five.
We are 18 months into that plan regarding exploration,with another 18 months in this phase. Then we have the Current near-mine exploration, which has identified further mineable extensions to our existing mines. The anticipated time to bring these discoveries into production is as follows:
Gadir extension Production commences Q1 2023.
Gadabek Underground, production commences Q1 2023
Gosha "Zone 5" Production commences Q1 2023.

JORC Resource and Reserves of existing mines

· Near-mine exploration to prolong the lives of the existing mines continues at Gedabek and Gosha. A JORC Code (2012) update of the resources and reserves for all three currently producing mines at Gedabek is underway, with completion expected during the third quarter of 2020.

So not very long for the jorc to give us the first extension to LOM.

"The Company has a very strong portfolio of exploration assets that can be fast tracked into production, provided they are demonstrated to be of sufficient size. The evaluation process includes preliminary exploration, detailed exploration including drilling to provide data for resource estimation, metallurgical test-work and financial assessments for reserve estimation and mine design.

Yes you are looking down the road a few years,but its not as if they won't be pulling lots of gold and money out the ground in the mean time.
You never know some of these plans could be fast tracked with a little help from the government.

[riggerbeautz] 21/5/2020 13:37

LOL Bumpa.

[wanobi] 21/5/2020 13:36

cmb, not sure if this is still the case, but,,, most Aim shares, if held in a portfolio for two years, are exempt from inheritance tax. The exceptions are the shares of companies that are themselves investment businesses, or companies whose sole function is to invest in property and collect the rent....

Cheers Wan :-)

[bumpa33] 21/5/2020 13:35

Please, can we have no mention of the words “tax man” on here again - ever!

[kickingking] 21/5/2020 13:34

Bwana I'm sure you can gift some your shares to your kids and who ever you want to. As long as you live 8 more years no Inh/ tax. Anyway I'm sure that KS the tax man can advice you.

[bleepy] 21/5/2020 13:33

Reza Vaziri, CEO, commented:

"I am delighted to present this strategic update detailing our exploration and growth strategy, which clearly demonstrates the considerable potential for extending mine life and increasing production from our existing assets.

"The five new exploration discoveries now prioritised for development have the potential to significantly increase the production and mine life of the Company. Each project has gold and copper mineralisation at, or near, surface. We have developed extensive work programmes for each of these projects and this work will be a key focus for the Company in the near to medium term.

"Gedabek also has exceptional potential to host a porphyry system which, if proven, could provide tens of millions of tonnes of ore and increase mine life through to the mid 2030s and beyond. This is something we intend to focus on from 2021 onwards.

"This current plan demonstrates our confidence in the abundant resource base of the Company, which we believe will continue to generate significant shareholder value."

[riggerbeautz] 21/5/2020 13:32

Now who was it I was discussing Bullionvault with the other week? Hear their website is down today, technical difficulties.

[walter walcarpets] 21/5/2020 13:26

ta for replies chaps :-)

[riggerbeautz] 21/5/2020 13:20

Kickingking have to say on your page, no offence CMB.

[mattjos] 21/5/2020 13:19

It is mind-boggling potential, FZ …. beyond my wildest expectations from a few years ago & I thought I'd researched it to death back then & continuously ever since.
As fast as we slot more pieces into the jigsaw, the jigsaw itself is getting bigger at an even faster rate.
No reason that we cannot grow to mid-tier and beyond, based just on what we already have.

One of these mornings we are going to wake up to an RNS that just blows everyone & everything away.

Until that day inevitably arrives, I keep pinching myself at our staggering great fortune to be being paid twice per year for simply being patient.
I will continue to keep digging & researching because it is going to be fascinating & exciting story to follow.

[the stigologist] 21/5/2020 13:10

Daily Mail also now featuring the No.1 Global Revolutionary simple saliva rapid 10 minute result antigen test
from Avacta and Cytiva (GE Healthcare LifeSciences) which will help open up the World's Multi-Trillion dollar economy

What is AVCT worth if it opens up the Multi-Trillion dollar economy ?

I'd say BILLIONS wouldn't you ?

Current Market Cap at 160p is c.£330m

[callmebwana] 21/5/2020 13:07

Wan,yes there is no holding AVCT back.
Very beautiful free ride just like AMC.
In the past.😁

AAZ!! You can buy it cheaper now then yesterday !!🙄

KK,you have to remember no all the shareholders are spring chickens. Some of us older ones may want to take a bit off the table at sometime.
The TAX man is rubbing his hands the sooner I kick the bucket, for him to take 40% as IHT.
Not many loopholes to get around that left.
So everything is not always black and white.
ATB.

[kickingking] 21/5/2020 12:59

Good afternoon all. I was reading the threads regarding AAZ and buyback,liquidity and other solutions. If large II wants to buy 5-10m shares then the largest share holder would have to sell stock. I can not see this happening now. He does not look at the daily share price, it means nothing as he is not selling. The people who complain the most about price and liquidity are short term holders. The true price will eventually come. Today is gold down day which did not help this morning RNS. On another note AVCT is moving again.

[friendzarin] 21/5/2020 12:59

Well for me that was a first class announcement of a kind that met my expectations for confimation of progress.

It is puzzling and disappointing that a wider audience seems hard to attract on the strength of the company performance and assets.
No worries for me I'll continue to enjoy the divis on offer and wait for the inevitable rerating that I've every confidence this superb team will achieve.

Great pics Matt.Knowing the ground level scale of the pics you have posted,they present a transformation since we were there some 18 months ago...truely awesome.. absolutely massive potential.

[goodgrief] 21/5/2020 12:55

Any reason for recommendations for brokers that handle Canadian stock exchanges for example?

[wanobi] 21/5/2020 12:53

Yep, seems so Stig, no stopping AVCT today :-), well done all holders :-), great comparison chart btw, many thanx for posting it here,,, Cheers Wan :-)

[mattjos] 21/5/2020 12:48

600m West of Leach processing plant is here:



The whole area is littered with deposits

[jaspoland] 21/5/2020 12:43

GF1. I wonder who would be interested in building a stake.

Well more info for us to ponder. I for one not going anywhere. Next 5 years are going to be very very good to us