Anglo Asian Mining Share Discussion Threads

[ilostthelot] 27/5/2020 10:32

Absolutely riggerbeautz. I haven't bought or researched. I'll have a look at it though. Thanks.

[gold finger 1] 27/5/2020 10:32

skeptic

Come on, a declining share price every day?
Brokers notes seem to have vanished?
Limited interest from the BOD?
Promising something and then not delivering?

This is the fourth day of a decline.
Broker notes have not arrived YET.
I don't know how you can say a limited interest from the BOD.
Also he has not promised anything and not delivered.

All the RNS over the last year have not contained one piece of bad news.
If Mr market decide to see it differently as bill said, their is nothing he can do about that.

[brasso3] 27/5/2020 10:30

2S

You are talking about developments that would occur after the current expiry date of the mine. Is that not part of the problem?

Did we really think 3 years ago that production would remain flat over the following years?

[fozzie] 27/5/2020 10:29

Can i take back my 'perky' comment on ODX please? I have vastly underplayed it, whoosh, CEO on Sky News.

[laurence llewelyn binliner] 27/5/2020 10:27

#3Sporrons... it is still a good hold here for the increasing dividend and portfolio diversification, with the upside to come from the increasing cash position generated by POG.., but in the absence of a growth driver for profits and the SP, I still expect it will settle lower at a point where the dividend looks more attractive..

Not taking anything away from the BOD they have done a fantastic job to get into production and with a sustainable dividend, I have nothing but admiration for achieving what they have done and wanting to just crank the handle on with what they have built, sit back, smile and watch the cash roll in during a time when business is in general crisis, protecting the company is paramount, staying safe and surviving comes way ahead of growth, new risks are secondary, by a long way..

You can never do enough to keep the market and investors happy no matter what you do, best to ignore it and stick to strategy.., if investors like what they see they will buy it, if not they will look elsewhere ..

[2sporrans] 27/5/2020 10:26

Brasso

Agreed Bill didn't put across a lot of ambition when he spoke last week; the way he put it that 100k GE production was the max going forward must have capped a lot of expectations amongst those listening.

Yet, isn't the ambition clearly stated as in the 2nd priority of AAZ, the kernel of which is:

"Gedabek is highly prospective with the potential to host a large porphyry system

o Porphyry evaluation is planned for three years from 2021 to identify a mineral deposit suitable for mine development by 2024

o A porphyry ore body could potentially provide sufficient ore to extend production into at least the mid-2030s"

If this comes to fruition, then great potential for a much larger scale of production follows; from 2025 at earliest admittedly.

Then again, guess a lot of investors are/were hoping for expansion well before then.

Yourself included?

[avsome1968] 27/5/2020 10:24

Could be right Bumpa

[fozzie] 27/5/2020 10:21

Top up in POG for me sub 24p, it's a long term hold for me so daft not to even though my average price rises. DDDD/ODX both perking up.

[bumpa33] 27/5/2020 10:20

Hmm, had a little trade in it and let go at 50.2. Not convinced it’s done yet.

On a wider note, seems like there’s lots of selling down in various companies across the board at the moment. Maybe worth considering as we go forward in this brave new world...
!

[mad foetus] 27/5/2020 10:20

Added ACP think it will be great from here, EML mark 2

[wanobi] 27/5/2020 10:18

the $64,000 question Bumpa :-),,, as the GAP has not filled in my opinion I'm going for the re-load,,,,, and what a load of tosh that statement is as there is no relationship between the two,,,, or is there :-) LOL LOL,,, cheers Wan :-)

[bumpa33] 27/5/2020 10:16

4D - breakout, or are they just trying to let it run and reload again higher.

[riggerbeautz] 27/5/2020 10:11

ilost selling fund, you really need to read the holdings RNS’s to see and should do really or you’re being a bit lazy if buying ;))

[ilostthelot] 27/5/2020 10:08

Ah thanks Wan. I'll have a look at them 👍

[avsome1968] 27/5/2020 10:06

Could be breakout with DDDD

[wanobi] 27/5/2020 10:05

Cheers
Wan :-)

[ilostthelot] 27/5/2020 10:04

Rigger - Apologies what is parvis?
Thanks in advance.

[wanobi] 27/5/2020 09:50

steady and boring 30% rise sounds great to me right now Rb :-) Cheers Wan :-)

[skeptic1] 27/5/2020 09:49

I definitely do think there’s value here, which I why I’m staying. My concern, growing ever by the day, is that we are just stalled. I know that things can turn quickly - and I hope they do! However, when we shareholders are being described as part of the ‘club’, but are left (still!) in the dark about any meaningful developments of said club, then I wonder about the reasons for that.

[2sporrans] 27/5/2020 09:46

dp

wrt the 2 brokers notes, Bill followed his comment about them coming out soon with the words "something we need to get on with".
That sounded to me like either there is some other news to be released by aAZ prior to the notes being completed or at least AAZ are finalising some information to be appraised in them.

[riggerbeautz] 27/5/2020 09:45

Ilost see my postings on Parvus, yes it will be steady boring but I see 30% in time.

[lefrene] 27/5/2020 09:42

This board stands out amongst AiM stocks for their honesty and solid consistency in delivering on the 'talk'. You actually know that they will deliver the 80,000 geo's this year despite the covid 19 event. The brokers notes will arrive, and it's nice to be able to speculate that they will be released in connection to some other event. But given the track record here, that 'event' will be a positive one.
The MM's seem to be doing their usual trick of wearing down holders to fill their own boots. The price may not reflect the solid value here, but that doesn't change the fact that there is solid value here in spades.

[wanobi] 27/5/2020 09:42

very true avw, very true, cheers Wan :-)

[wanobi] 27/5/2020 09:41

aha, many thanx for the heads up Bumpa,,, fingers crossed :-) Cheers Wan :-)