Anglo Asian Mining Share Discussion Threads

[odsjp] 01/8/2020 10:39

-->KS Pogue also chose AVCT at an earlier post. Do you have a 3rd choice?

I was also tempted with ARB (and ROCK) but decided to stick with RBW. I just need to buy some ARB shares sometime next week, before they go up too much.

I have so far:
odsjp. RBW. 3.35p
WAN. EVG. 13.10p
Pantsonfire. PXC. 40.50p
Pogue. AVCT. £1.50
Brasso3 ARB. 5.46p
Celeritas. SOLG. 24.95p
King Suarez. ?

[celeritas] 01/8/2020 10:27

Solg also looks ready to run.

[bleepy] 01/8/2020 09:58

@KS

Thanks KS for psa reminder and noted, extremely healthy and undervalued...

Same can be said for pog...

[king suarez] 01/8/2020 09:44

Bleepy - knock c$20m off those earnings for the 12.75% current PSA share, but still looking extremely healthy and undervalued..

[bleepy] 01/8/2020 09:38

@SG

$1975+$175 = $2150

$2150x75k/80k = $161ml/$172ml

AISC @ $600x75k/$80k = $45ml/$48ml

161-45 = $116ml

172-48 = $124ml

Earnings after AISC = $116ml - $124ml

Factor into the above, pipeline news of imminent exploration update, Q3 jorc updates, JV in Ireland, possible extension to contract areas, going u/g at Gedabek, planned production from 5 new discoveries at Gedabek, Gosha u/g mine contributing, huge potential at Ordubad, $30ml of metals in tailings, exploration continuing at 27 targets listed from ZTEM survey...

Other JV’s...

Azergold tie up...


All of the above points to production and plant expansion toward goal of becoming a mid tier miner.

Realistic target share price ...answers on a postcard please.

[king suarez] 01/8/2020 09:25

Bit of a rough and ready read across of the HGM sale price v AAZ (both similar AISC):

HGM enterprise value at 300p = £1.3bn (inc net debt of $250m)
AAZ enterprise value currently = £155m (adjusting for cash around £25m?)

HGM annual production 300k GEOs
AAZ annual production c80k GEOs (normally)

HGM resource - main mine states 16 year life, but significantly reduced production from year 8 onwards. Also, has other mines + various projects at differing development stages so say 10 years?

AAZ resource - always stated around 5 years (rolling), but also various development 'projects' + due a (hopefully significant upgrade soon).

HGM EV v AAZ EV = HGM over 8 x higher EV
HGM production v AAZ production = HGM production 3.75 x higher
HGM mine life v AAZ mine life = HGM 2 x higher
HGM resource (operating mines 3.8m oz) v AAZ resource (around 1m oz? due an upgrade) = HGM 4 x higher

Summary - based on sale price of HGM AAZ should be minimum twice the price. Enterprise value of HGM offer is over 8 x higher than AAZ, but all other meaningful metrics 4 x or lower.

I suppose the other factor to consider is the PSA perceived 'drag' on AAZ share price - thoughts?

[brasso3] 01/8/2020 09:09

Have a feeling Bumpa's favorite (EVG) will have a sharp move next week too.

[king suarez] 01/8/2020 09:02

Yep - was also going to vote for ARB, but wanted to wait to see how BTC continued over the weekend ;)

AVCT my 2nd option - think it looks primed to go if there is news next week..

[jbe81] 01/8/2020 07:08

Me too Brasso, but guess you got there first

[brasso3] 01/8/2020 07:04

ARB for me next week! BTC at $11500 and confirmed breakout on the monthly chart.

[maxplus2] 31/7/2020 22:49

I sold my holding last week but I was registered on Ex dividend date . I haven't received my dividend

[mattjos] 31/7/2020 22:21

July is now over.
Gold has ended the month at highest ever Monthly, Weekly & Daily close & there seem few reasons why it should not keep going higher.

[saturdaygirl] 31/7/2020 21:08

Gold having a go at the pop .. target + $175

[saturdaygirl] 31/7/2020 21:01

But Donald has hair .... Never underestimate Donald . he was laughed at when he ran for the presidency , used his own money and got elected .. Now thats a lot of firsts America .

Edit .. it could have been cesspit Hillary ...

[gutterhead] 31/7/2020 20:46

Putin has far more/some functioning brain cells as opposed to Ronald mactrump. I feel sorry for USA.

[mattjos] 31/7/2020 20:25

https://www.rt.com/russia/496782-moscow-choose-gold-abandon-dollar/

[qazwsxedc69] 31/7/2020 19:48

I can't post the link right now, but there is an article on RT.Com just a published effectively gloating at the weakness of the dollar, and suggesting what an amazing win it is that Russia has pivoted to gold instead of the 'benjamins'

[gutterhead] 31/7/2020 19:22

You’re right. Gold could run

[saturdaygirl] 31/7/2020 19:15

No US trading Monday . anything could happen !

[callmebwana] 31/7/2020 18:58

Odjsp,congratulations to you.
Yes,with China stopping exporting rare earth material's the USA has to have the supply from some where!
ATB.

[callmebwana] 31/7/2020 18:50

Wan I am thinking in a similar way as you. It will ofcourse take time.
"We are in a hurry" was one and if I remember correctly"There is a buyer and they won't go away ".
I don't think it would be an outside buyer but the Azari's them selves.
They want their own refinery as well also create a gold industry. Jewelry making etc.
I remember reading that in the Azari Newspaper quite a while back.
Time will ofcourse answer us.
Just my view for what it is worth.
Have a good weekend all and be safe.
ATB.

[pantsonfire] 31/7/2020 17:39

Great work odsjp. And congratulations! Well picked.
I'll be backing PXC again next week (with the results from Red Star due very shortly).
Have a great weekend everyone!
Cheers!!

[wanobi] 31/7/2020 17:32

thanx for PM KS, I shall study over the weekend, cheers Wan :-)