Anglo Asian Mining Share Discussion Threads

[brasso3] 14/6/2016 15:21

Poor sods selling out early when all the signs were pointing up!

[zhockey] 14/6/2016 15:20

Celeritas,

Not many here have fallen for it.

[jeanesy] 14/6/2016 15:17

Up she goes. Still cant buy a bean.. arrgghh !!!

[mattjos] 14/6/2016 15:09

Yesterday, they cut the buy limits down to 3,750 but would willingly allow you sell over 100k for above the Bid price.

Today we have a fresh face turning up here (with a doom & gloom posting history on every other thread he/she has visited) spreading rumours and knocking the company.

The MM's will have been delighted to take on some stock, given yesterday's & recent shortages. Now, with a hint of buying, they simply screw down the buying limits to virtually nothing.

Says it all to me

[1madmarky] 14/6/2016 15:09

Bought via spread bet without issue

[celeritas] 14/6/2016 15:07

People have been gullible here today. Probably an mm plant to try and get some stock.
Aimroc is being taken in by the state to clear the whole ownership mess up and move the daughters names away from any dealings.
I expect licences will then be up for grabs with AAZ in pole position being the only gold miner in the country.

[jeanesy] 14/6/2016 15:07

Seems to me that despite a 12% fall the mm's are short or they are trying to fill a large order ? What do others think?

[brasso3] 14/6/2016 15:06

HSDL will let you buy 10k maximum online at present.

[jbe81] 14/6/2016 14:56

Cant get a quote either

[jeanesy] 14/6/2016 14:47

Just got in from work. Tried to buy some more but cant even get a quote.Can get one to sell though... what does that tell you??!!!

[brasso3] 14/6/2016 14:23

Gold just kissed $1290.

Production figures in 2 or 3 days.

[celeritas] 14/6/2016 14:04

No need for an rns otherwise you'll be issuing them everyday for people who don't actually read whats relevant.
Gold looking to run again.

[mattjos] 14/6/2016 13:55

US Retail figures uninspiring. gold reacting to the upside & now at $1,285

[jbravo2] 14/6/2016 13:26

!!!!!!!!
No chance of that happening. It's simply not needed. As zhockey has said the drop is just on a few wanting out to bank their profits and a bit of fear spreading by people who apparently don't own any shares and won't be buying any. I reckon that's the majority of the UK, most of course don't point out why they won't be buying. A more suspicious mind might suggest a different agenda but it matters not.
This isn't going to IPO price in a straight line and it'll see plenty come and go on the way there.

[mattjos] 14/6/2016 13:15

simply to point out the process that the Az govt are going through and that it does not negatively affect AAZ, its rights under the PSA etc.
They cannot comment on the AIMROC assets at this juncture or, how they might be apportioned once this process is complete, as that would be speculation

[jbravo2] 14/6/2016 13:11

An RNS saying what? Presumably there's nothing to say is there? Yet?

[mattjos] 14/6/2016 13:07

a simple RNS tomorrow morning should resolve all this

[jbravo2] 14/6/2016 13:06

LW - the mine originally had a reserve of just 300koz. Clearly that has increased over the years. The current estimate is a few years old now but doesn't include Gadir. One could suggest the reserve will change again. I think it is well recognised by many posters in here that this mine is becoming more polymetallic in the money it earns. The reserves will no doubt change to reflect this in the future. Do you realise how quickly AAZ could clear the debt at the current metal prices? AAZ will be investing in upgrading the plant to maximise the polymetallic income of course.
IMO the company is underpriced for current situation, reserves, and debt.

If something new lands in AAZ's lap then it would be vastly underpriced.

[zhockey] 14/6/2016 13:06

Here here!

[jbe81] 14/6/2016 13:03

You cant argue with somebody taking over 100per cent profit, but will they feel like a Leicester fan cashing in a bet last year after 2 games of the season?!
More shares transferring into the hands of long term holders today, a good thing.

[brasso3] 14/6/2016 12:58

There could be some regrets soon I think. This will be back above 13p very soon.

Gold starting the final push on $1300...

[zhockey] 14/6/2016 12:53

Matt, a mix of:

Tree shake

Profit taking

Fear

[jbe81] 14/6/2016 12:47

At least we have made the top share forum list!

[scottishfield] 14/6/2016 12:43

All on extremely low volume too, I'm having a few more. G L all.