Anglo Asian Mining Share Discussion Threads

[jbravo2] 25/10/2016 16:52

Don't know pixi. I guess a lot of people have been watching for a long time.
A lot of uncertainty re the debt the last few years and people have finally realised the risk is now decreasing very quickly.
It's daft we ever got to a valuation of under £10m when we were always likely to have revenue of >$90m.
The USD:GBP rate helped.
The manat devaluations helped.
The new discovery and focus on resources is reassuring.
The hope of new work elsewhere in Azerbaijan.
The cost data from the interims knowing the electricity and water plant will only improve them for 2017.
The increasing production of copper and silver due to the new plant.

It's sort of all come together and then once a bit of buying started, everyone decided "I don't want to miss out after watching this for so long"

Anyway, I'm sure this has lots further to go. Whichever way you look at the value here it's still very very cheap.

£30m mkt cap.
Revenue >$90m
70koz sold at 1250 with costs at 550.

Cheap cheap cheap.

[pixi] 25/10/2016 16:41

Another great day - where's all the sudden interest coming from?

[jbravo2] 25/10/2016 16:37

Tell you what jbe. You can have them for 95p a pop.
;)

[jbe81] 25/10/2016 16:34

Jbravo, why don't you make your shares available tomorrow for £1 and see what happens ;)

[csmwssk12hu] 25/10/2016 16:25

I think this will start to make the papers with rises like this three days running, all good

[hedgehog33] 25/10/2016 16:13

LOL... then a delayed one pops up at 12:55....

[hedgehog33] 25/10/2016 16:09

Now that you see the days trading panning out on the chart, that spike looks wrong somehow.

Neither could I see any trades at 12:50pm that could have caused it.

[mattjos] 25/10/2016 16:08

Brasso .. will update the chart in next day or so.

Thread is getting a bit over excited I think so, personally, would rather we now see a little retrace and some consolidation .. preferably into a nice tight flag that sees this mornings gap closed as the low of the flag

[csmwssk12hu] 25/10/2016 16:00

Testing 34p tomorrow or Thursday imho

[csmwssk12hu] 25/10/2016 15:59

That was a big buy over 60000 at 31p

[jbravo2] 25/10/2016 15:55

It's already gone crazy. I'm not sure there's much left in today, but tomorrow is another story I guess, at least if csm is right. And lets face it he's been pretty much spot on this week. I'd have never guessed this would have moved so fast.


Yes a few celeritas but not as many as I'd have guessed after the rise this week. We are still a little old £30m miner. Plenty are still over at SOLG waiting for them to pass the shovels round. :)

[brasso3] 25/10/2016 15:52

2% of the stock changing hands today. Close to 5% over the last 5 trading sessions.

[csmwssk12hu] 25/10/2016 15:48

Hopefully a close just above 30p

[celeritas] 25/10/2016 15:47

New names on here

[miahkaysor] 25/10/2016 15:40

This is gonna go crazy at close today!

[csmwssk12hu] 25/10/2016 15:36

You already own a big part of it

[jbravo2] 25/10/2016 15:24

I shall be going for a long holiday to Azerbaijan. Why not eh?

[csmwssk12hu] 25/10/2016 15:20

Well done, each to their own plan, it's what we're all here for, when we all sell up here at £1 plus think we should all keep a little out of interest to keep in touch

[ilostthelot] 25/10/2016 14:59

Glad I hit my first target 30p.. I said I'd sell then at the start of the year.. next 60p then a £1 easy money

[hedgehog33] 25/10/2016 14:56

Just noticed that over on LSE they've got the date wrong, they still think it's yesterday... lol

[jbravo2] 25/10/2016 14:54

Yes this week will really shake out the stale bulls. Those who got caught in the long decline and have had enough.
I hope their shares find happy new owners. I had some more today although only a small amount.

[jbe81] 25/10/2016 14:52

Great to see such large volume. Given people a chance to take a profit and a whole ne lot of share holders who will want to see a large rise before they sell. In effect even fewer shares available now, good for a much larger rise.

[jbravo2] 25/10/2016 14:51

Yes I think you're about right csm

[jbe81] 25/10/2016 14:50

yes but if you can pick up 10 million at an average of 25p it is a lot better than paying £1++ for them. A remote possibility thats all.

[csmwssk12hu] 25/10/2016 14:47

We seemed to start rising on the news of the investor seminar, I am gonna stick with the view the publicity has brought people to us who have looked at company and realised what a bargain it is