Anglo Asian Mining Share Discussion Threads

[mad foetus] 16/6/2020 10:56

Well done kk, thanks for sharingWe really need to be rid of SPAngel

[kickingking] 16/6/2020 10:54

Good morning all.
The other day I posted that I wrote an email to share price Angel regarding the spread on AAZ shares and that they should sort things out. Anyway this morning I got an email from Bill Morgan. I will post


I refer to your email to Jeff regarding the spread on share dealing in AAZ’s shares.



S P Angel passed me your email as they have a policy of not communicating with shareholders

unless they are also S P Angel clients.



This issue is something we have become increasingly aware of from comments on bulletin boards

and other feedback from shareholders. It is something we are looking into and soon as we have

any positive developments – obviously we will let everybody know.



kind regards



Bill Morgan

[cinoib] 16/6/2020 10:49

See back to normal whilst I've been out, o well nice thought while it lasted.
buy 180k sell 10k and still no movement on the bid. Pure greed.

[11_percent] 16/6/2020 10:46

OIL

Brent trying to fill that gap again....above $40 again.

[king suarez] 16/6/2020 10:34

FAR is another Vanadium producer, with a huge resource, but needing some funding to ramp up production. Been on my watchlist for quite a while, but not bought in.

[gutterhead] 16/6/2020 10:31

if, a big if, the Azeri govt are waiting, they will soon realise they have to take a brave pill as the forward value/price of our company is increasing

[callmebwana] 16/6/2020 10:26

Fozzie.
Vanadium liquid storage batteries. They will hold the charge for years also they are low maintenance. The Vanadium can be cleaned and reused again too after years of use,whereas solid state batteries have a limited lifespan.
Check out BMN.. I won't invest there yet because it is in South Africa and secondly Vanadium price fell through the floor. DYOR and NAI.
GLA.

[mad foetus] 16/6/2020 10:06

Hmm, I've owned SHG on and off and it's always looked about to go but never does.

[brasso3] 16/6/2020 10:03

MF

Its just part of a game of poker with the Azer government. There is no way it should take AAZ 2 - 3 years to be bringing these mines online.

[brasso3] 16/6/2020 10:02

The chart at SHG is starting to look ripe for a move upwards.

[mad foetus] 16/6/2020 10:00

Can't help but feel we are one RNS away from everything becoming clear. At IPO the plan was to be producing at ordubad within 24 months. We bought ugur on stream in 12 months. Now we are told 2-3 years for the new mines...I think we could move much, much quicker. Just need the pieces to fall into place

[pogue] 16/6/2020 09:59

MF
the plan is for the UK to be a net zero carbon emitter by 2050 from 1990 levels, if we are not going to significantly increase electricity use how will it be done?
Regards the fuel duty I am pretty sure the UK government will not just swallow the loss to tax revenues on petrol cars going forward and the logical way to recover that is to tax electric car 'fuel'. Petrol is cheaper than bottled water if you remove the taxation.
My point is the cost of electricity is what the consumer pays just like the cost of petrol not the production cost. As I said oil is free once you take away the costs to produce the infrastructure same as green power, thing is oil infrastructure is largely built and paid for unlike green power.

[gutterhead] 16/6/2020 09:55

20-30p was about a year, 30-40p about the same, 70-90p 6 months or so
Feels like we are about to go again
we just have to remember, not all are into the AAZ detail like us and don't react as quickly

[gutterhead] 16/6/2020 09:50

Gold has had numerous bounces off low $1700 now
won't take much to push through $1750 and onwards
AGM in one week and that normally means an RNS on the morning......
From memory, that's how the maiden DIV was announced
If its a more detailed RNS then maybe later this week
good luck all

[mad foetus] 16/6/2020 09:45

As for the large increase in energy demand you forget that for a long time - at least a decade - the UK has used less electricity each year. EVs will increase demand but from a low base. But where I do agree is that the government haven't got any idea of how to roll out an EV charging network. It's why I think hydrogen will have a big part to play

[avsome1968] 16/6/2020 09:43

wan

What does everyone think of RDSB (shell) i think its undervalued millions saved not paying div, i bought a small trench this morning.

[mad foetus] 16/6/2020 09:39

ACP firming. I thought yesterday's RNS was great and the share price is massively undervalued

[mad foetus] 16/6/2020 09:37

I said over the last 5 years. In other words for at least 5 years none of the full time energy price consultancies have been predicting power price rises at any time in the future. Offshore wind no longer gets subsidies in most of Europe. To say that power prices must rise to offset tax losses elsewhere is absurd.

[pantsonfire] 16/6/2020 09:36

good morning Wan. Did you manage to look at PXC over the weekend? I'm just curious for your opinion? From my perspective, I believe this is a share to buy and to hold on to, not for trade. If what the company have been announcing continues (they have been very good with flow of information this year) I think it'll just glide up and up. We are expecting the first RNS any day soon on the results from the Red Star drilling programme, so time will tell.... My guess is it won't be too late even after these results are out, as the drilling programme will deliver results through the summer, reducing the risk as we move forward, so we'll go forward from plateau to plateau, but with an ever increasing price.

[pogue] 16/6/2020 09:32

The cost of the new infrastructure for the large increase in electricity demand has to be paid for plus the taxes that will have to be applied to recover the loss in petrol duty will push up the price of electricity for cars, 5 years was not the time frame I was looking at as oil will still be dominant then.

[mad foetus] 16/6/2020 09:28

Pogue I get reports from power price analysts as part of my day job and over the last 5 years I have never seen one expert in the field suggest power prices are likely to increase beyond the rate of inflation

[riggerbeautz] 16/6/2020 09:20

Might take some TSG, just seeing if it will edge back a bit, should be good for at least a trade to mid 90’s, that’s all I’d be looking for.

[gold finger 1] 16/6/2020 09:19

Just look at all those buys,they may not all be buys but most are.
I have been saying for a while that there is a buyer and a seller in the background.
Why they could just not agree on a price and transfer them from one to the other is beyond me.
Because that is what has happened anyway,but over months instead.

[pogue] 16/6/2020 09:18

fozzie
the way to store all the surplus electricity produced by green sources at times people don't need it is in the form of hydrogen via H2O electrolysis and that is where the market is going. At the moment O&G companies are starting to convert natural gas into H2 gas but they are clearly doing that so as in the future they will have the plant for the hydrogen economy. Hydrogen can then be used in a fuel cell to produce electricity very wasteful over all in energy terms but gets round the massive issue of how to store electricity.
For me the economics of green energy is not good as if you claim sun and wind are free after building the infrastructure so is oil only oil is a dam sight more useful than renewable energy and is used in the manufacture of all green infrastructure in the form of plastics. Long term people will find green energy costs are going to get very high but the sheeple have to be conned into accepting it first as once you go down that road there is no turning back.