Anglo Asian Mining Share Discussion Threads

[lw425] 14/6/2016 19:36

In my view a Brexit is already priced into POG as most experts expect a Leave vote

BUT

a Remain vote would see POG crash $200 in Short Order.

all in my view of course.

[lw425] 14/6/2016 18:43

Net debt, being interest-bearing loans and borrowings, less cash and cash equivalents, totaled $47.5 million at 31 March 2016 ($49.2 million at 31 December 2015)

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So in the first quarter of 2016 they only reduced net debt by $1.7m

At that rate it will take around 6 years to repay the debt.

Cash $200k end December.

How will the shareholder see value here??

[lw425] 14/6/2016 18:14

A nice worry free investment then?

How lovely.

[doc_oj] 14/6/2016 18:08

i was a LTH from 18p to 84 and then back till 10p - havent been in for a while. truth be told was tempted at <5p but have been bitten in the past.

all i would say is, these forums can be quite damaging with either a completely positive or negative spin. it always tends to be black or white. some here are talking about 55 and 70p; i remember very well when it hit 80, people were talking about 150p as next stop.

this has gone up about 300% from the recent lows, not saying that on its own will limit further upside but something to be said about keeping your expectations real! they still have a massive debt and gold may continue to go up or it MAY not

[brasso3] 14/6/2016 17:56

A few events this week that could take AAZ up a notch.

Fed meeting tomorrow.
Gold production news thursday/ friday.
EU referendum vote in 9 days.

[zhockey] 14/6/2016 17:51

If the MMs are up to this stuff they may be short of stock for settling. They didnt get much though, a few from poor old Bleepy. Could see a big pop here, maybe gold over 1310 will be the driver.

[2sporrans] 14/6/2016 17:36

Mattjos

Has LW525 made posts to multiple threads using the same pseudonym?
Most malign/manipulative posters go to the modest bother of using multiple names; not that this is always adequate disguise.
Frequently, there are common facets of the posts that give the game away.
Perhaps the easiest to spot is where unusual use of words [spelling], phrasing, grammar, punctuation etc repeat; they leave linguistic footprints.
Another facet is one of timing; like a poster who repetitively bigs up an AIM share when huge buying momentum drives prices into froth tops [or the reverse].
Presumably they have placed a short play or conceivably relish surfing the froth, thinking [imagining] they can influence the price significantly.

Shame this was not a 'genuine' poster as good to be presented with the challenge of contrasting takes on AAZ and prospects thereof, if based on facts and well reasoned.

Whatever, thanks to you and several others here for an amazing amount of news and well informed, insightful comments.

TS

[scottishfield] 14/6/2016 17:26

Did mine on a 'kill or fill' basis jeanesy

[bleepy] 14/6/2016 17:14

Sound advice jb, thank you.

Having been caught out twice elsewhere and trampled by the herd I ignored fundamentals on this occasion and jumped the gun. After selling I realised I had panicked, gave it some sober thought and decided to rebuy 70% of original investment. Just lost a little of original profit of which most was from bashirov selling out. Nice to see the share price recover.

[jeanesy] 14/6/2016 17:14

How did anyone manage to buy.. i couldn't get a bean!

[zhockey] 14/6/2016 17:04

250m for 40k oz a year?

[philo124] 14/6/2016 16:57

Interesting day, thanks LTHs.

[jbravo2] 14/6/2016 16:49

Oh I know that brasso, and I guess you know I know that too :D
My point is, the current site and plant is worth far more in the share price than any of AIMROC's sites would be even if we sign one tomorrow. Only Chovdar is capable of production (c40,000oz/yr currently I believe) but I have no idea how that plant needs improving to up its potential output. It will be behind ours on the curve for sure.
The other sites are just mountains and fields as far as I know.

The current price, as is often said, only came about as Bashirov sold 20% of the company as gold plummeted. We know the first stopped months ago and now the gold is seemingly heading the other way for a bit too.

For Gedabek, current debt, current gold price, current production etc etc etc this is undervalued. Anyone reading up should invest on that alone.

[brasso3] 14/6/2016 16:41

Reza didn't have a company generating 70k oz gold before on their turf. The geology is complex as demonstrated by what we know:-

- AAZs history taking many years to get to 60k oz.
- The complete failure of Chovdar to produce.
- No other companies mining in Azerbaijan.

[jbravo2] 14/6/2016 16:35

I suspect you'll be out before 55p bleepy if you jumped at 12p!! It doesn't matter though, there will be people out before you and after you, but I suggest you look at the things which had been nagging at the back of your mind as per your earlier post.
Addressing these will allow you clarity of what your goal really is and enable you to stick to it.
Of course we all encounter information which can change our mind, but I'd suggest we haven't seen anything which should do that today, and especially not from a source I'd trust.

People should be investing on the current strength of Gedabek and the next two years of debt repayment and plant transformation.
Anything to do with AIMROC's stuff is just a bonus and frankly should be afforded a very small value until something is signed. Remember Reza didn't get it before so it may be a wait in vain.

[scottishfield] 14/6/2016 16:29

Not at all Matt,, I topped up twice today.

[mattjos] 14/6/2016 16:28

no shame bleepy .. unfortunately these threads are infested with such people. I try to ban as many posters as I can from the trading chimp threads to deter them from popping up here. That one got through the net - briefly. Hope he has not caused any lasting damage to other investors

[bleepy] 14/6/2016 16:25

Thanks Mattjos, ego and pride dented oh and the pocket a little.

Looking forward again to a further ride up.

Believe it or not I was sure I would have held firm to 55p, perhaps we'll see that sooner than I thought. In reality this could easily pass 70p on its way to £1.00.

Pog through 1300 and onwards would propel the share price

The increased silver output also benefitting from higher pos.

[jbravo2] 14/6/2016 16:21

It'll have been an eventful day if it does finish blue, and ultimately a successful one for some. Esp the MM's. Churn... they love it.

[brasso3] 14/6/2016 16:19

There is 1 x 100k delayed trade gone through at 12p.

Blue finish?