Anglo Asian Mining Share Discussion Threads

[philo124] 21/8/2016 21:51

Let's all hope so.

[mattjos] 21/8/2016 21:11

Four weeks this Tuesday for the Interim Results & three weeks thereafter for Q3 production update.T20 buying may start to pick up this coming week.Chart has shown a nice 1-2-3-4-5 consolidation pattern over the last few weeks & ended in a double bottom at 17.5pGold is still hovering around $1,350 but getting squashed into a tighter and tighter range just below a line of resistance.Things should get rather more interesting in the next 2 weeks

[wrighty46] 21/8/2016 14:09

Gold is really starting to get massive coverage globally. On my phone today but will post a few links either later or tomorrow. GLA

[catsick] 21/8/2016 01:14

Sounds like the agm may be worth going to from all the gossip you guys seem to be holding, may be worth a trip next year...

[zhockey] 18/8/2016 17:06

The important factor is what production will be in 3 to 5 years time.

[mattjos] 18/8/2016 16:33

cyber .. on the basis of some discussion at the AGM.

[mattjos] 18/8/2016 16:33

cyber .. on the basis of some discussion at the AGM.

[cyberbub] 18/8/2016 10:40

Mattjos how are you working that out, in a nutshell? Ta.

[mattjos] 18/8/2016 09:21

current year p/e of 2??

[catsick] 17/8/2016 11:08

To be honest if I recommend a share and it goes up more than 100 pct in a short space of time saying sell half will always make logical sense as then its a free ride , In this case he made a lump and needed the cash ...

[mattjos] 17/8/2016 09:10

jeansey .. the guy has made some money and decided to move on. Fair enough.
What he has sold will now be taken on by others to higher levels

[jeanesy] 17/8/2016 08:00

Why would he sell catsick when, apart from July's production and we still dont know the reason why it was so disappointing, then the future is looking so much better than it has?

POG is still around 1340 and not really looking like it wants to go any higher atmo.I will be happy if it consolidates itself at this level. I really dont buy into the story that it will go to the levels some are predicting here.

[wrighty46] 17/8/2016 07:23

Everything going in golds favour. If it can beak $1365 and it is trying cracking $1378 and pretty much game on to $1450 IMO. GLA.

[catsick] 17/8/2016 00:48

A friend of mine I got into this share a year ago has just finished up offloading his 1m holding last week, that may have capped things the week he was selling them, made a nice profit on them ....

[terropol] 16/8/2016 23:10

I think 35p next stop guys. We went from 5p to 20p...now we had a period of consolidation...ready for the next leg up.

[mattjos] 16/8/2016 21:31

USDAZN: 1.61

GBPUSD: 1.30

Local costs in Manat continue to fall. USD earnings (when translated back into currency of the London AIM listing) continue to rise

[ilostthelot] 16/8/2016 18:30

I agree xcap. That is not pie in the sky stuff either.
It's quite possible if gold breaks out over $1900 in thr next year we could see gold going parabolic for a period.thats when cash flow multiples will go stupid.

Say gold goes to $2500-3500 . It's unlikely but not impossible most miners will be 10 to 30 baggers from current levels.

[cyberbub] 16/8/2016 16:00

Is that on ISDX?

[jeanesy] 16/8/2016 15:13

Yep 150k Bought at a premium.

[jbe81] 16/8/2016 14:08

another big buy

[jbe81] 16/8/2016 13:32

gold looking strong

[jbe81] 16/8/2016 13:02

Agreed xcap

[xcap] 16/8/2016 12:46

throw in a rising Ag and Cu production pipeline and new acquisition(s)........

[xcap] 16/8/2016 12:45

the long view has to be AAZ producing 75,000 - 80000 ozs and with POG $1500 (now becoming a commonly held view) we should see AAZ reducing debt dramatically and throwing off serious free cash
If one forwards to 2017/18 and POG exceeds $2000 then all debt should be repaid by 2018 and AAZ could easily have a mcap of £500m/£4.50ish share price Not so far fetched. Look at HOC. 40p earlier this year. Today £3.25 and heading to previous highs of £7, in my view.