Anglo Asian Mining Share Discussion Threads

[jeanesy2] 08/4/2015 18:55

This share is on my radar,a buy above the ask at the close may mean it will go higher soon!

[foxx999] 08/4/2015 17:08

Could you be right the other way jeanesy

[jeanesy2] 08/4/2015 16:13

looks like i was right - for a change!

[mattjos] 08/4/2015 14:53

we might be that lucky

[bsg] 08/4/2015 14:09

I hope it gets a bit cheaper !

[jeanesy2] 08/4/2015 13:10

I expect it to get a bit cheaper

[mattjos] 08/4/2015 08:50

Cheap again

[mattjos] 05/4/2015 23:55

A good summary of things at present:http://www.telegraph.co.uk/finance/economics/11515535/Events-overseas-matter-more-than-election-votes.htmlThere seem to be ever more potential catalysts for a black swan event this year. Certainly Greece cosying up to Russia whilst Putin simultaneously called in the Ukraine debt could change the landscape significantly.Gold has opened up over 1%

[andrewsr] 05/4/2015 16:49

I hope the new physical gold exchanges (in China and elsewhere?) will start to reflect the true demand for gold rather than the effects of the alleged manipulation of the paper gold casinos in the west.

[mattjos] 05/4/2015 13:14

Will be an interesting next 2 months. Greece looks to be willing to technically default to the IMF in the next week or so as a negotiating gambit to persuade Germany to give them yet more money.Even if they get through this first hurdle, the debt repayments due later in April, May & June just keep getting larger.Assuming the EU banks are now deemed strong enough to withstand a Grexit then, likely it will be allowed to happen albeit dressed up as some other 'temporary' exit from the club.There seem to be growing reasons why gold will once again be seen as a sensible home for investors cash as this plays out.

[terropol] 03/4/2015 00:09

The US slow down is helping Gold....
The question is rate up or rate unchanged in the Us?
Can they afford a stronger dollar? I say NO.
If rates setters signal no rate rise then gold is got to go higher.
And what will be when we say good buy to Greece?
All to come....
Nice also to see copper at over $6000.

Have a good Easter Week end all.

[run12] 02/4/2015 14:17

Well other than it should be 1,137,000 g and not ounces your sums are pretty well nearly there.
I get 36.5 k Troy Ounces and 31koz but who is nit picking
Assuming they get $500 / oz (ok a bit optimistic) then that equates to nearly twice the current market cap.
(well whatever they get /oz it will be more than the cmc)

[mattjos] 02/4/2015 13:57

thanks jbravo ...

90t/Hr capacity in new F/Plant
90 x 24 x 7 = 15,120t/wk

379,000/15,120 = 25 weeks of ore just sat there to be processed

379k tonnes of ore @ say 3g/t = 1,137,000 grams of Gold = 36.5k Troy Ounces.
Assume they only manage extraction rate of 85%, that 31koz just there alone, let alone the Copper & Silver

thnx run12, edited

[mattjos] 02/4/2015 11:56

Will be very interesting to see how the addition of the flotation plant alters the processing metrics.
The new design can process at the same rate as the Agitation plant so, can either pre-process the agitation ore or re-process the tailings from the agitation.

How much of the high grade sulphide ore do they have stacked ready for processing through this new process due to come on stream Q3?

[terropol] 02/4/2015 00:29

I am looking for $1300 gold....
March production close to 6000oz,
Yes Mattjos share price pull back in on no volume at all.
Getting ready for next leg up.

[foxx999] 01/4/2015 16:20

Greece default a week away

[mattjos] 01/4/2015 15:05

why Gold just moved up $17 today?

[mattjos] 01/4/2015 14:22

ok, thanks. Price may have been steadily dropping but the volume is paltry and looks more a consequence of Easter trading or, lack thereof

[foxx999] 01/4/2015 14:17

Mid-month normally. 15th ish isn't it?

[mattjos] 01/4/2015 13:12

March production update appears in AZ news when, please?

[terropol] 23/3/2015 15:08

Copper over $6000, Gold going up...After this round of profit taking another good chance to get more of those...
I say 12month 50p target.

[mozy123] 20/3/2015 14:25

Fixed in London, New york, Mars, Pluto - no difference - the key word is FIX.

And yes its exactly that - a fix to make the banks fiat money look good.