Anglo Asian Mining Share Discussion Threads

[gold finger 1] 31/7/2020 08:57

Now AAZ is even cheaper than yesterday.
At close yesterday AAZ were 152p. and gold was at 1939.
Gold now is at 1974 up $35, AAZ are now at the same price as the high of yesterday 157p. So every time gold falls AAZ follows, When it rises it goes back to where it was before.

[allseeingeye1] 31/7/2020 08:54

Morning all, Gold doing really well for us, we have JORC to look forward to and AAZ have also kept our guidance unchanged, which actually works out better for us. If we are actually producing more in Q3/Q4 to make up for the short fall, our realised gold price (assuming) is currently and should be a lot higher therefore the poor results in Q2 is actually currently a big positive. Can AAZ do it ? When have they ever failed so I definitely they can. On another note, we are getting tipped and written about a lot more than usual. Once investors around taken notice and the whole rush to gold miners, this will reach £2 no problem.

[mad foetus] 31/7/2020 08:54

ACP could be really good from here imo

[gold finger 1] 31/7/2020 08:46

When i turned off at close yesterday gold was down a lot.
I was expecting to turn on this morning and find it closer to 1900 than 2000.
They just can't seem to get gold down and keep it down.

[lefrene] 31/7/2020 08:42

As heavy duty money moves into the sector I guess we will see a steady rate of takeovers as players consolidate their holdings goldrush. AAZ stands out as very undervalued imo, but of course thankfully will not get taken out on the cheap because of the significant management holdings.

[boom boom bang bang] 31/7/2020 08:42

Amigo new coming CEO bought 1.5% holding worth £400K on Tuesday.

His start is 1st August. Amigo will release RNS on Monday and we could rise 50% or more.

Big buyers paying 5%-6% for for 200K trade now.





7. Total positions of person(s) subject to the notification obligation
% of voting % of voting rights Total of both Total number
rights attached through financial in % (8.A + of voting rights
to shares (total instruments 8.B) of issuer (vii)
of 8. A) (total of 8.B
1 + 8.B 2)
------------------ --------------------- -------------- --------------------
Resulting situation
on the date
on which threshold
was crossed
or reached 6.03% 6.03% 475,333,760
------------------ --------------------- -------------- --------------------
Position of
previous notification
(if
applicable) 4.63% 4.63%
------------------ --------------------- -------------- --------------------





8 July 2020

Amigo Holdings PLC

("Amigo" or the "Company")

Appointment of Glen Crawford as CEO

Amigo, a leading provider of guarantor loans in the UK, is pleased to announce that Glen Crawford will be re-joining the Company as Chief Executive Officer and a member of the board.

Subject to obtaining the necessary regulatory approvals, it is intended that Mr. Crawford's appointment will take effect from 1 August 2020.

Roger Lovering, Acting Chairman of Amigo, said:

"I am delighted that Glen has decided to re-join the company. He is a natural choice and brings experience and leadership to the company at this challenging time."

[riggerbeautz] 31/7/2020 08:34

Brasso now cursing I wasn’t around yesterday, could comfortably have done a churn on FDBK and bought back; now stuck with indecision, it’s a nice problem mind but not sure it’s going to get a buying surge?

[wanobi] 31/7/2020 08:33

AAZ - I can't help but think this Ireland move is window dressing for the eventual sale of AAZ to a big fish,,, get the AZER JORC done and then perhaps find another couple of deals in the explo space and then wait for the offers to roll in,,, I just feel the team is too old to realistically get Ireland into production,,, please, all.. do feel free to tell me I'm an idiot with this view,,, but, there you have it,,, AAZ will be sold in the near to medium term :-)

Cheers
Wan :-)

[goldrush] 31/7/2020 08:27

lef

With that gold price, Mergers and Acquisitions happening etc....our share price is way too low as we know ....maybe logic is starting to prevail 😀

[rpt_regal_petroleum_buy_now] 31/7/2020 08:18

Buy JKX - best buy at the moment in O+G sector.

Up yesterday against market trend, up again today.

11,000 boepd production|||pe 2.6 ||| price to book value 0.20 ||| Return on Capital. 14.4% ||| Return on Equity 12.3%. |||Operating Margin. 31%. |||book value £146m ( present MCap £30m!)||| earnings yield 125% |||book value per share 85p |||EV £19.9m |||debt free |||cash rich ||| Gas prices rising

[lefrene] 31/7/2020 08:18

Gold spike to an Orwellian $1984 probably helped.

[brasso3] 31/7/2020 08:17

The difference with gold and oil is also how small the gold market is in the grand scheme of things. If you take all of the fake paper gold out of the equation there just is nothing to go around! All of the gold mined only fills a space 21m x 21m x 21m!

[riggerbeautz] 31/7/2020 08:15

Pogue, Schiff and Richards are super long in the tooth gold commentators not quite of Jim Sinclair “going to the moon” ilk. Schiff particularly is famed for proving others wrong as much as anything, spent a few years being ridiculed on the networks, never afraid to stick his head above the parapets, so you have to give him some credence in his predictions, simply as time proved him right before famously on the 08 property market crash.

Of course you could say he lives off this but if you google old videos, it’s fun to watch how he was mocked and then proved right pre that crash.

[bazboa] 31/7/2020 08:14

Nice amount of buying this morning. Dividend reinvestment?

[pogue] 31/7/2020 08:04

Brasso
the stupid prices come out quite often with oil not just peak oil. After the 2008 crash the old story of lack of investment due to all exploration etc being cancelled pushing prices in the future into the stratosphere got rolled out, and a couple of times since then IIRC, I am beginning to see them occasionally now but still muted as there is no real end in sight to the CV19 consumption drought, once that is nearing the end oil speculation will go through the roof, unless another problem appears which is quite possible.
Regards gold I don't know the bull commentators I must admit but I am beginning to hear more and more people mentioning how high gold prices will go. It is probably a bit early to worry about the top of gold but there will be one and I am not wanting to get complacent lol

[jbravo2] 31/7/2020 07:57

You said it pjmurf. Not a chance

Re HGM - that’s a terrible price

[riggerbeautz] 31/7/2020 07:55

Spot on Brasso, both will always be permanent bulls. “Peak oil” not heard that mentioned for awhile.

[katsy] 31/7/2020 07:53

poque Remember the value of gold doesn't really go up, it's more a measure against fiat currencies that are losing value. 50 years ago my farther in law in India could buy 4 ounces of gold with his first pay check of 70 Indian Rupees. Now 70 Rupees can't even be exchanged for £1. If you have very young children/ grand children. Buy them 1 ounce of gold every year until they are 30. That will be their retirement fund.

[c0lin1] 31/7/2020 07:52

Looks like gold will have a go at $2K today

[jaspoland] 31/7/2020 07:51

c0Lin1. 1 less goldie to invest in. Will also bring more attention to the sector as people start to look at who's next. Clock is ticking

Not forgetting it's a cash offer so likely lots of the money will come back into the section

[brasso3] 31/7/2020 07:50

Pogue

Peter Schiff and Jum Rickards have been talking about these kind of numbers for 10 years so its not new. They are simply making a prediction based on increases in M1 / M2 money supply.

I think the period you refer to in oil markets was around the time of the 'peak oil' myth.

[pogue] 31/7/2020 07:47

Wan
its beginning to remind me of an oil price rise. Near the top commentators, analyists etc come out with stupid valuations of $150, $200 etc a barrel to suck in mug punters to create liquidity for their clients and friends to exit large positions. Now I have never ridden a gold bull before so its new territory for me but its beginning to smell a bit with all these fanciful projections.

[c0lin1] 31/7/2020 07:47

HGM getting bought out for £3. Way too cheap IMO. Thats russia for you.

edit - allthose HGM holders who are used to a divi paying miner will be looking for a new home

[c0lin1] 31/7/2020 07:46

HGM - that is way too cheap.