Anglo Asian Mining Share Discussion Threads

[pogue] 31/5/2020 14:02

Bumpa
EML mentioned in the presentation, very quickly, that they will be fund raising after the resource is proven up, how much they dilute will be the question, I will sleep on it I may have missed the fun by the shape of the graph.

I am thinking a lot about the macro just now as we are approaching decision time for the markets. Clearly there is going to be a bounce on coming out of lock down, judging by the queues outside pubs in West London yesterday and my niece in Manchester's 3 nights out in row this week, and she is a front line medical worker, there is going to be a surge on the pubs sector but what comes next, 2nd wave of CV19 seems ironed on, will the FED keep firing bullets from their seemingly never ending amoury when that happens, will gold dip this week as optimism drives stocks up same as when a vaccine for CV19 looked imminent, what happens to oil after the initial surge of optimism and when will we find out the real cost to industry of the shutdown.
Lots to consider, I suggest this week will be good for shares, bad for gold, good for oil for how long who knows. I am beginning to believe there will not be another drop in shares though as the 2nd wave of CV19 will be more contained via the track and trace procedure, assuming it works and people adhere to it two 'ifs' there.

Thinking small pharma is still the way to play this with a bit of gold. All the gold lovers are making bold predictions in videos and presentations of a new coming for gold which makes me nervous as when everyone is getting into something its getting near the time to leave. Saw a good interview other day with 2 veteran hedgies talking about where they see the market going and they put 70% probability on gold rising and were using it as a base case to build a hedge. They were split on whether shares would rise or fall.

Anyone have different angles?

[bumpa33] 31/5/2020 13:49

Mf - at the very least they will need to raise for working capital. I’d be amazed if they haven’t in the next 4-6 weeks.

Edit: why else pay one of the most dubious “research houses” in the business to initiate coverage? Why not get Shard on it? And what happened to Optiva?

[mad foetus] 31/5/2020 13:45

I think whether EML need to raise or not is touch and go. Bank financing and government subsidies gets them 80% to production. Chances are OCP will end up acquiring EML, all down to timing imo

[bumpa33] 31/5/2020 13:35

O/t The number of raises seems to be off the scale at the moment, making hay while the sun still shining I guess.

[riggerbeautz] 31/5/2020 13:34

Wan finally completed re-reading The way to trade better by John Piper, his book is all about trading as a business and uses 5 pillars to success, the emphasises winning habits, money management, psychology and good/bad habits. In amongst which might interest you is his reference to Zeitgap which is really for lovers of the dark art of charting lol. For a bit of light reading, you might find it interesting.

[kickingking] 31/5/2020 13:34

Good afternoon all. Everyone working overtime this weekend. Many great links. I don't know if anyone is into HUM another one of my gold share. Interesting link posted by new buyer and taken from turnkey on lse board, (https://www.lemonfool.co.uk/viewtopic.php?f=93&t=23676#p313515) It a very good read and also mentions AAZ. Hummingbird also produces a beautiful gold 1 Oz coin. Well done Wan. GLA.

[bumpa33] 31/5/2020 13:32

EML - you’ve got every clue there they’ll be raising again, soon. Of all of them probably the Align research coverage initiation is the most obvious. If you can stomach the raises, may be a punt. Not for me though.

[allviewswelcome] 31/5/2020 13:24

Does anyone know.anything about RDT mentioned in the podcast (Mentioned from around 50m:30)? Raised 70% of their market cap at a premium? That doesn't happen too often.

[pogue] 31/5/2020 13:05

OK maybe worth a punt with an eye to a swift exit cheers

[mad foetus] 31/5/2020 13:02

One of the directors has about 6-7% of the company from memory. The rest have options. They have form though, did very well with a previous company

[pogue] 31/5/2020 12:51

Anyone in Emerson tell me if the directors have skin in the game? I assume that might limit the dilution on the fund raising stage that comes after they have proven up the resource. I listened to their presentation and my skin crawled to be honest with the presenter, slimy salesman should have been tattooed on his head, the number of times he said outstanding it sounded like he had a bet on with someone. Probably a good bet until they start looking for money though.
I am sure I saw these guys last year at a Proactive presentation and had the same feeling.

[wanobi] 31/5/2020 12:23

AVCT - many thanx for the link Stig,,,, fingers crossed :-) Cheers Wan :-)

[wanobi] 31/5/2020 12:19

KS - this might help,,, although I feel we already know this :-) LOL LOL Cheers Wan :-)



Market crash 2.0 - If all this sounds very negative, don’t despair! There are things you can do now to prepare for the possibility that markets might fall again.

Chief among these is checking that you’re still happy with anything you already own. Holding companies with healthy balance sheets is more important than ever, in my opinion, and anything I own with debt is receiving extra scrutiny these days.

Second, I’ve built up a decent cash position to capitalise on any big drops in coveted quality stocks. One of the worst things in investing is not that markets fall, it’s having no dry powder to take advantage when they do!

That said, holding too much cash for too long should still be avoided. This is why — third — I’m continuing to buy stocks where I think some of this risk is already priced-in or where the long-term outlook for a company or sector remains bright.

Finally, I’m limiting my news consumption. Keeping some distance, at least during trading hours, should help avoid any emotional buying or selling.

Cheers
Wan :-)

[wanobi] 31/5/2020 12:11

many thanx to Mj for link to this, cheers Wan :-)

[mad foetus] 31/5/2020 12:03

Well done wan, I was on dog walk so couldn't find link

[wanobi] 31/5/2020 11:56

AAZ from 21.05 mins - many thanx MF for the heads up :-)

(listen up till 32 mins)

even at 1600 Gold AAZ earnings double in the next couple of years!!!

best performing stocks of last 5 years - AAZ :-) LOL,,,,, great management!!!

hopefully the wider investment community will start to see AAZ more and more :-) :-) :-)

Cheers
Wan :-)

[the stigologist] 31/5/2020 11:34

AVCT

Trump this weekend at 'Opening Up America Again' Conference :

"...we've new tests coming soon...ABOVE and BEYOND anything anyone thought possible"

Sounds like Avacta's cheap, rapid (10 mins), saliva antigen tests on 'pregnancy style' Lateral Flow Devices

[mad foetus] 31/5/2020 10:57

I think I can guess at least 4 of them MattI have some way to go, but it's not impossible

[mattjos] 31/5/2020 10:44

Mf, That could be any one of several PI's that John is referring to with regards AAZ. I know of at least five

[riggerbeautz] 31/5/2020 10:37

Wan well kind of, because ELY have a stake in Fenelon, which no doubt helped their spike too ;)

Time for green fingers until the heat beats me anyway.

[mad foetus] 31/5/2020 10:03

Not sure if people picked up by John Meyer of SPA was on Vox podcast 1906 on Friday talking AAZ from 20 mins. Talking about one investor in AAZ who has made £1m on it...reckon we know who that could beThere's a couple of hints in there but clear he's very bullish

[waldron] 31/5/2020 09:54

Mattjos
31 May '20 - 09:51 - 35969 of 35969
0 0 0
“In fact, a simple correlation between the flood in the global money supply and the price of gold suggests the yellow metal has about $1000 of upside.”

[mattjos] 31/5/2020 09:51

"In fact, a simple correlation between the flood in the global money supply and the price of gold suggests the yellow metal has about $1000 of upside."https://www.zerohedge.com/commodities/largest-ever-physical-transfer-gold

[wanobi] 31/5/2020 09:01

4D - also worth a read, Cheers Wan :-)



If bacteria do play a role in tumour development, we may be able to treat cancer by manipulating the tumour microbiome, he says.

[wanobi] 31/5/2020 09:00

EML - worth 2 mins of your life to listen to this :-) Cheers Wan :-)