Anglo Asian Mining Share Discussion Threads

[zhockey] 29/2/2016 08:36

They've been right for 5 years :)

[gary38] 28/2/2016 18:59

We could be at the start of a Gold bull market and as such the crowd are still in the bear market mentally and have yet to join the party .I am feeling quite confident because the crowd is most of time wrong.

[zhockey] 28/2/2016 12:56

I've got a bad feeling about gold this week, but then again I did last week also. I'm just not seeing the strength to break 1250 and the equity market bull sentiment seems to be coming around, and the strong $, short gold mindset returns. My gut feel is that the retail investors push up the equity markets for one more leg as the smart money unwinds, the opposite may happen with gold and I expect the flag formation to fail and back test the MA's at least if not 1050. Copper in this environment would move up which is some respite for AAZ.

That is the scenario I am expecting "all things being equal", however I would be very happy to be wrong.

[on target] 28/2/2016 00:14

Seems to stop at Thursday? Try the site I linked.

[jesus405] 27/2/2016 21:01

was looking here hxxp://www.infomine.com/investment/metal-prices/copper/

[jeanesy] 27/2/2016 19:38

Thank you mikeelkin.Sorry yes i did mean Bill Morgan

[mikeelkin] 27/2/2016 17:17

Jeanesy

I am assuming you mean Bill Morgan, the finance director (not sure who Mike Ford is). His e mail address is [e-mail]. It is available on one of the company presentations so it is publicly available.

I have e mailed him a couple of times and on each occasion he has replied promptly and answered any questions as comprehensively as it was in his capacity to do so.

Mike

[sleveen] 27/2/2016 12:03

Anyone know how all that debt is going to be paid off?

[jeanesy] 27/2/2016 10:46

mikelkin do you have an email contact for Mike Ford please as I would like to ask him some questions?

[on target] 26/2/2016 17:41

Its up over 2%?!

[jesus405] 26/2/2016 17:33

copper price

[jesus405] 26/2/2016 16:47

down 0.04%?

[on target] 26/2/2016 14:04

Copper doing well.

[ilostthelot] 26/2/2016 08:48

Cheers I'll have a look.

[ianguerin] 26/2/2016 05:48

Ilostthelot - oiler AMER may interest you

[bleepy] 25/2/2016 23:26

During Q4 2015, the Company processed 148,240 tonnes of ore (FY 2015: 576,879 tonnes of ore) with an average gold content of 3.51 grammes per tonne (FY 2015: 3.44 grammes per tonne) through the agitation leach plant.


28,819 tonnes of ore with average gold content of 7.71 grammes per tonne from the Gadir underground mine was processed by the agitation leach plant in Q4 2015. For FY 2015, 37,880 tonnes with average gold content of 7.98 grammes per tonne was processed

[zhockey] 25/2/2016 22:36

I don't buy that myself, I don't believe the board would go for that approach.

[brasso3] 25/2/2016 21:25

aps

I think you have ht the nail on the head there. They were obviously under pressure to hit the 2015 full year target and may have exhausted all the 'easy high grade ore' available during those final weeks of the year. This in combination with the weather has resulted in a very poor January. Hopefully February will be back on track to take advantage of the higher gold prices.

[ferries5] 25/2/2016 19:34

That is the mine workers at Chovdar. A different company altogether, Nothing to do with Anglo Asian

[goodgrief] 25/2/2016 18:02

Bet this lot aren't working too hard...

hxxps://www.occrp.org/en/daily/4856-azerbaijan-gold-mine-workers-protest-lack-of-salary

[zhockey] 25/2/2016 17:26

Thats better, gold going up with dow and showing some independent will.

[zhockey] 25/2/2016 16:10

Was the weather still bad in feb?

[mattjos] 25/2/2016 16:07

and/or kept some back in January in the reasonable expectation of higher Gold prices in February.

You may well be right Aps but, I would imagine that management focus is likely more on debt repayment than market guidance.

In any case, Spring is not far away. The snow will go and temperatures will rise, giving better overall performance