Anglo Asian Mining Share Discussion Threads

[gold finger 1] 27/5/2020 14:26

Well if you think AAZ is fair value look at these numbers.


sector Gold Mining
1st jan. Capitalization (M$)

United Kingdom ANGLO ASIAN MINING PLC -17.43% 177

United States NEWMONT CORPORATION 45.11% 47 521
Canada BARRICK GOLD CORPORATION 52.61% 47 408
Russia POLYUS 63.69% 21 922
Canada WHEATON PRECIOUS METALS CORP. 53.49% 20 070
Australia NEWCREST MINING LIMITED 5.26% 17 073
United States AGNICO EAGLE MINES LIMITED 2.87% 15 246
Canada KIRKLAND LAKE GOLD LTD. -9.57% 10 792
South Africa ANGLOGOLD ASHANTI LIMITED 33.84% 10 143
Canada KINROSS GOLD CORPORATION 57.14% 8 818
United States ROYAL GOLD, INC. 12.03% 8 687
Australia NORTHERN STAR RESOURCES LIMITED 33.60% 7 435
Canada B2GOLD CORP. 35.32% 5 710
China ZHONGJIN GOLD CORPORATION LIMITED 8.73% 5 086
Hong Kong ZHAOJIN MINING INDUSTRY COMPANY LIMITED 14.05% 4 142
Australia SARACEN MINERAL HOLDINGS LIMITED 70.09% 4 129
Canada ALAMOS GOLD INC. 44.96% 3 212
Canada CENTERRA GOLD INC. 28.36% 2 938
Canada ENDEAVOUR MINING CORPORATION 23.36% 2 610
Canada LUNDIN GOLD INC. 52.22% 2 063
United States COMPAÑÍA DE MINAS BUENAVENTURA S.A.A. -47.15% 2 027

[wanobi] 27/5/2020 14:26

thanx c0lin1,,, it'll always be as good or as bad as its contributors and so far they,,,, you, you guys are rather good at spotting opportunities and more importantly happy to share with others,,,, that's all I ever wanted from this thread :-) thanx all,,, Cheers Wan :-)

[wanobi] 27/5/2020 14:23

TXP - if the data stacks up,,, and always its still an IF,,,, but, should be at ATH's very soon in my humble opinion :-) GLA Cheers Wan :-)


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[c0lin1] 27/5/2020 14:20

Got to say wan this is turning into a cracking thread for trades.

[wanobi] 27/5/2020 14:18

Yep c0lin1 and not for the first time either :-) LOL Cheers Wan :-)


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[wanobi] 27/5/2020 14:14

POG, never thought I'd ever be saying this, but it looks like have the POX is a good thing :-) LOL LOL,,, Cheers Wan :-)

[c0lin1] 27/5/2020 14:09

Havent caught up on all the posts today so sorry if mentioned but BMV looks like its breaking upwards out of a pennant. 6p target

[goldrush] 27/5/2020 14:09

As Mattjos said at the weekend and jbravo2 today and others too, just a little bit of patience needed and relax.There is a lot going on and we must just let it play out.IMHO.

[wanobi] 27/5/2020 14:04

fwiw, to me, POG is all about looking forward not backward at the numbers today,,, I see the main risk there as the PrOG (Price for Gold for clarification LOL LOL) holding up over the next few years :-),,, it should do, but then it should be a lot higher than where it is today based upon all the QE etc etc,,,, but, as we know, it's being manipulated and there are massive shorts in the market,,, or so we're lead to believe :-) LOL,,,,, oh what a game :-) LOL,,, GLA Holders, Cheers Wan :-)

[wanobi] 27/5/2020 13:58

One can imagine the conversation TXP had with the bank to get that loan KS,,,, ear chaps, we've got this awesome company changing data ready to release to the market tomorrow guaranteeing the future of TXP and then some when the other wells are drilled,,, paying you guys will be like shelling peas once we get the gas flowing,,, fancy lending us some dosh at no risk!!!!!!!!! LOL LOL,,, must of happened surely LOL LOL,,,,, fingers crossed, we shall see :-) GLA all holders, cheers Wan :-)

[onedayrodders] 27/5/2020 13:56

I'm out of KAT .. action poor this week considering funding news due.

Watch it soar soon

regards
reverse indicator

[wanobi] 27/5/2020 13:51

yep, tis so KS and a Golden Cross coming soon by the looks of it :-) Cheers Wan :-)


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[riggerbeautz] 27/5/2020 13:49

Ahh Bumpa, you made me check, yes you're right it was CRND.

[king suarez] 27/5/2020 13:48

Not one I hold anymore, but thought I would mention EVR been in a solid channel for 2 months or so now - looks a strong trend?

[2prsimo] 27/5/2020 13:47

wan mate - you are excellent yourself and way better than anything I could ever do. What interests me as a holder, is some chartist's are saying the gap is filled and some are a bit sceptical.

[wanobi] 27/5/2020 13:45

2Pr, very happy to hear that a proper charter believes 4D's gap has filled, many thanx for posting that, cheers Wan :-)

[onedayrodders] 27/5/2020 13:40

Nothing to see here, pass the Champagne Chuck

[onedayrodders] 27/5/2020 13:33

think gold is under pressure v short term as Wall Street are setting off celebratory fireworks today and 'were back' messages as the country very slowly starts to reopen.

All the shiny financial TV teams are pumping the same ... BUY BUY BUY ... 40m unemployed is irrelevant ... it's just like switching on a light again and all is back to normal, right.

Anyone would think the last 3 months never happened

[wanobi] 27/5/2020 13:30

4D - thanx chaps, but too early to say yet me thinks :-) we shall see , cheers Wan :-)

Rb, super thanx for the AA. heads up, cheers Wan :-)

[wanobi] 27/5/2020 13:28

many thanx KS,,,, Gold chart, hmm, hopefully it'll find support soon :-) Cheers Wan :-)


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[bumpa33] 27/5/2020 13:27

Rb - you thinking of Central Rand? CRND - mine(s) were permanently under water if I recall.

[wanobi] 27/5/2020 13:25

ACP Chart for MF, looks good to me MF :-) Cheers Wan :-)


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[king suarez] 27/5/2020 13:22

Wan - how is the gold chart looking now, still in a rising channel?

[riggerbeautz] 27/5/2020 13:08

Had to bail Mars taking penny hit.

[bozzy_s] 27/5/2020 13:05

Understandable frustration today. I had exactly the same feeling when logging in. Knew AAZ would be red. Relieved to see it was just 2p down at the time.

It's easy to forget the positives when we're in a funk like this. Just need to look at the share price chart; we've rallied from 70s pence to 140s, now back in the 120s.

The dividend will underpin the share price at ~100p. So the downside from here is minimal.

The company can go one of two ways. And whichever they choose, 125p is good value:

1) They can either have the ambition to expand to mid-tier status, while paying a very fair dividend in the meantime.

2) They can settle for steady production, bringing online just enough to replace mined out ground. Capex costs absolutely minimal as no new processing plant needed. And pay 90-95% of FCF as dividends.

I'm sure they're still aiming for 1. That brings the potential of huge share price growth as plans are revealed, equipment purchased, and new processing plants begin to run.

If they went for 2, the lack of expansion would limit the potential upside. But a steady annual dividend of ~15-20p would surely mean a share price above £2.