Anglo Asian Mining Share Discussion Threads

[brasso3] 19/6/2020 09:42

We need a spark here that is for sure. My ALTN shares are catching up with my AAZ shares in value.

[avsome1968] 19/6/2020 09:42

WAN

Doing ok thanks, had a good run with NOG last 6 weeks, sold this morning 5 point gain, you always wish you bought a tad more but hey ho profits a profit right,cheers AV

[mad foetus] 19/6/2020 09:41

Last year I thought we got news for 3 days in a row around AGM

[jbravo2] 19/6/2020 09:39

Is it too much to hope for both? Possibly

[goldrush] 19/6/2020 09:25

Looks like RNS for Monday or Tuesday most likely....IMHO

[wanobi] 19/6/2020 09:25

aha, sorry to hear that avsome,,, without the support from the knowledgeable guys here I too would have lost a lot on AAOG,,, hopefully you've made it back elsewhere, Cheers Wan :-)

[bumpa33] 19/6/2020 09:15

Rb - it was enabled by a whole host of entities that will now be sitting rather uncomfortably. The story goes back way before I got in, over a decade at least. At one point the stock was valued at €25b and the fintech darling of the DAX - there will be an army of shareholders baying for blood. Directors will be going to jail, Bafin will get roasted and I suspect there may be trials for some from the Munich prosecutors office too.


Learnt a heck of a lot from the experience with this one - and the difference between going after a bad company and a really BAD company.

[avsome1968] 19/6/2020 09:15

Wan

AAOG bad one for me lost 3k with that one?

[lefrene] 19/6/2020 09:13

Copper on the up too.

[wanobi] 19/6/2020 09:07

this discussion prompted me to check back with AAOG,,, wowzer, I owe you guys a wagon of beer for saving me with that one,,, sold out at 9p with a tiny loss thanx to your guidance and now look at it!!! should have gone short LOL,,, thanx guys, cheers Wan :-)


free stock charts from uk.advfn.com

[riggerbeautz] 19/6/2020 09:00

Bumpa I remember you flagging it ages ago elsewhere, think most people have been dogs with a bone that shorted it, you just knew all along it was bad but the system kept propping it up.

[brasso3] 19/6/2020 08:59

ALTN on fire. I expect there will be an update for the AGM next week. They need to get the bonds away for the end of the month.

[wanobi] 19/6/2020 08:57

ALTN bid just got raised :-) Cheers Wan :-)

[jeanesy] 19/6/2020 08:53

All seems very quiet again today. Are we entering the summer doldrums ?

[wanobi] 19/6/2020 08:43

thanx Bumpa,, I'm hoping I'll get some time this weekend to do a bit of reading,,, it all sounds like very scary stuff to me,, unreal how bad human nature can be at times,, cheers Wan :-)

[bumpa33] 19/6/2020 08:39

Anyone interested in the Wirecard story should check out Dan McCrum’s original series of articles “House Of Wirecard” back in 2014 or 2015 from memory - should still be on FT Alphaville. Utterly astonishing they got away with it for so long.


Got it.

[pogue] 19/6/2020 07:54

A badly written article it starts saying US oil production will half in the next year to 8 mbpd, the US has never produced 16 mbpd they peaked just over 11 last year, they have a chart showing 12mbpd but I would dispute that as well.
Anyway the drop was expected the drop off rate of shale is known and the number of rigs decommissioned shows they will not ramp up as fast however before we went into lockdown the market was over supplied and oil struggling to reach $60. OPEC+ were cutting about 2mbpd then, now about 10mbpd, so a loss of 3mbpd 11-8=3 or 12-8=4 depending on were you get your stats may not be enough to do anything as any oil company you listen to says they dont expect oil to comeback to anywhere near its pre CV19 peak of 105 mbpd for years.
As I always say this recovery is not about supply its all about demand and when and how much it will return, and nothing looks good for that right now.

[wanobi] 19/6/2020 07:53

indeed MF,,, hmm,,, great for POG though, I think :-) Cheers Wan :-)

[walter walcarpets] 19/6/2020 07:53

For anyone interested in the Wirecard fraud, there's a great thread on twitter

[qazwsxedc69] 19/6/2020 07:46

Gold looking perky this morning. Maybe another crack at 1740/1750 soon?

[mad foetus] 19/6/2020 07:37

POG announce a listing on the Moscow Stock Exhange: should get the oligarchs in. If AAZ had performed as well as POG over the last year...

[brasso3] 19/6/2020 07:10

Pogue

One for you with your morning coffee:-