Anglo Asian Mining Share Discussion Threads

[onedayrodders] 23/6/2020 15:21

Nice chance to buy ALTN today for those who thought it got away from them a little too far.

Healthy flush of the usual 'round' number sellers today with buyers starting to nibble in and take advantage.

DYOR

ODR

[brasso3] 23/6/2020 15:05

DDDD is waking up. I expect ORPH will be next.

[riggerbeautz] 23/6/2020 15:03

Wan I’ve not been checking prices until you said, believe it or not. Sat in the garden, looking at other stocks, heading for shade and drinks occasionally, it’s all good here bar no sea and the stream at the bottom of the garden would keep the ducks happy but not me.

[qazwsxedc69] 23/6/2020 15:00

Indeed. Time to get greedy.

[king suarez] 23/6/2020 14:46

Share prices may be (temporarily) down, but the inherent value continues to increase as gold rises and consolidates..

[qazwsxedc69] 23/6/2020 14:44

AAZ, POG, ALTN and CNG all down today???

[wanobi] 23/6/2020 14:37

Reza must be thinking, wot did say this time!!! LOL,, LOL,, don't worry old boy, some people are just never satisfied :-) LOL,,, the GAP is closed and that's good enough for me today LOL,,,, GLA Cheers Wan :-)

btw I though we'd be over 150p on that letter Rb LOL,,, I get it wrong every time :-) LOL..... note to self,,,,, Wan whatever you think will happen expect the exact opposite and you be right every time LOL

[mr roper] 23/6/2020 14:30

Why wouldn’t you just sit in the garden with the same folk and a massive carry out?

[riggerbeautz] 23/6/2020 14:29

My locals would be doing a roaring trade in the beer gardens right now, I’d be happy just to have that.

[lefrene] 23/6/2020 14:24

Gold looking strong, but nowt to do with AAZ though!?

[gold finger 1] 23/6/2020 14:24

More good news that underpins the company and what its all about.
They can play their mind games with the share price but sooner or later the share price will show its true worth.
Seems the market want to see the hard facts here before they move the share price north.
A little like the main markets, they need to see the true facts before they move them south.
I agree with what posters have said about if you had moved your money from here you could have made better use of it elsewhere. But i don't have a crystal ball.
I have no intention of chasing rainbows. I have done that many times in the past and lost money doing so.
I am getting a good return on my money invested here.Even the ones i have bought over the last week are paying me 5.5% yield.Must be 8-10% with the ones i bought at 46-47p a while back.

[bo doodak] 23/6/2020 14:07

Hopefully, and I expect, the JV to be on a suitably advanced project. Nothing too early stage.

[bozzy_s] 23/6/2020 13:51

Fabulous statement by AAZ. And we know those words aren't empty promises. This management team is of the highest calibre. Even the bashers who sometimes pop up on this thread haven't anything negative to say about Reza and the board.

Looking forward to this upcoming JV news. This could be anything between a bit of cashflow from an asset outside Azer, to a transformational company-maker which takes us above and well beyond 100k GEOs.

Depending on how big the asset is, and in which country, this could really de-risk AAZ and lead to a proper re-rating.

With that news being signposted, I'm surprised traders are selling today. Speaking of which, I see the all-seeing one (seller at 83-86p) has reappeared.

[lefrene] 23/6/2020 13:49

I keep thinking gold will reach a tipping point, perhaps when Wall St realises that the economy really is screwed, and a Big Mac costs $10?

ooops I see a Big Mac meal is already $10 in New York, perhaps it won't be too long now :¬)

[brasso3] 23/6/2020 13:46

I expect copper will go much higher once governments start spending big on infrastructure.

[bleepy] 23/6/2020 13:37

Copper prices steadily increasing the past month with pog nudging $1760 all bodes well for Aaz.

[mattjos] 23/6/2020 13:35

great management statement & Gold at $1,760 again .. this wont stay here for much longer

[onedayrodders] 23/6/2020 13:22

and its really just playing catch up with its latest exellent news

[wanobi] 23/6/2020 13:12

wowzer TXP you're spoiling us, Mr Ambassador!!!! LOL,,, lovely ODR :-),,, KS will be chuffed to bits :-)..... it is ODR,,, but also,, its another massive C&H formation :-),,,, bodes very well indeed :-) Cheers Wan :-)


free stock charts from uk.advfn.com

[skeptic1] 23/6/2020 12:57

Odds on red finish? Another fabulous day 😂

[mattjos] 23/6/2020 12:11

i came across an Azer news article from years ago and it said the PSA with Azergold is a straight % of Turnover but, it's all cloaked in secrecy & the main reason why Azerbaijan was ejected from EITI.

The govt willingly gave up any/all data on the PSA's they had with BP and other oil companies and also gave up all data on the AAZ PSA but, they would not give up the details of the arrangement with Azergold & so, despite great progress on all fronts and much higher scores than many other nations in EITI, Azerbaijan was ejected and it left a bad taste with Az govt, judging by their comments.

The Az govt took the view that Azergold was state owned and therefore was not, & should not have to be, subject to same EITI rules as in place for other more 'commercial' agreements that exist across the world in Extractive Industries.

Both sides have valid points, imo .. but, it is what it is & so we simply move on. Zip we can do about it

[brasso3] 23/6/2020 12:06

Back to 135p on the day! Madness!

[lefrene] 23/6/2020 11:58

AAZ is an asset to the government whereas Azergold seems more of a liability. If the State wants income they know they will get it from AAZ, whilst Azergold is humming a different tune.

Don't tell me this is going to end up red for the day, quite absurd.