Anglo Asian Mining Share Discussion Threads

[droyden] 11/7/2020 22:40

ODR, I agree if there is not a positive result with the affirmer tests specifically it could be bad short term. If they can nail those tests then..

[onedayrodders] 11/7/2020 21:28

Not that close to AVCT, however, pre "Covid Bingo", their share price was range bound between 25-50p for the last several years ...and about 30p before the Covid related RNS dropped. So whilst not a 1 trick pony, to me surely that indicates the current share price is now heavily weighted towards Covid success.

[brasso3] 11/7/2020 20:58

KS I know you are a numbers man so you must admit the last year at GDP is looking fantastic. Bare in mind the market cap is only £9m. The operating profit for the last 9 months comes in at £3.3m. The rest of 2020 is obviously going to be higher with gold at $1800. The next FY (2021) should come in around £5m - £6m operating profit. GPL (operating profit) £843,000 (Q3) £3,444,000 (Q1 - Q3) Ghana Limited (operating profit) £210,000 (Q3) £358,000 (Q1 - Q3) Kilimapesa (Pty) Limited (operating profit) -£190,000 (Q3) -£485,000 (Q1 - Q3) Cash - £3,200,000 Debt - £1,523,000

[droyden] 11/7/2020 20:42

AVCT drops to 113/115 then rebounds up, as cmb has said there was a good chunk of cash raised @ 120 by firms who will have alot more knowledge and resources than I. While at the moment there is a huge focus on the Cv19 tests, it's not a 1 trick pony.

[callmebwana] 11/7/2020 14:41

Good afternoon guys. Ah'AVCT is a high risk high reward share !! Now what about the fund raise of £48 Million? The Co only wanted £45 Million but ended up raising £48 Million ? Why ? The placing was way oversubscribed,now do we believe the II's were just throwing money at AVCT ? NO,they did their DD on AVCT and decided it was well worth the £1.20 a share investment. What about the Sequoia Fund ?? They have never invested in any other AIM Co before. They have been doing the DD on AVCT for the past 12 months or over. AVCTA's tech is a bio disruptive tech. It is totally different to normal bio Co. Remember me mentioning PRSM? A disruptive software tech Co. I think AVCT will be a very successful Co in the end, very similar to PRSM but bigger IMO. So I just thought I would put my half a penny's worth of thoughts. Fortune favours the brave. NAI of course. The stock market is a device for moving the wealth from the impatient to the patience(Warren Buffet):0). Have a good and a safe weekend. The Temperature is 41 degrees here today,so airconditner on and cold beers for me. ATB

[king suarez] 11/7/2020 12:52

I feel like the risk is diminishing at PTAL and now would be a good entry price to scale back in, if you wanted more oil exposure - oil price seems to have stabilised, production due to restart at PTAL soon and still around the placing price, where you'd expect a lot of the placing shares to have been churned (hence the price flat line?) by now.. I never know what to put in my 'analysis' posts really so if you have specific questions, please ask. I haven't given it great consideration as its currently a small position for me, but I think if they can get back to where they were (c10k bpd) with scope to increase to 20k bpd, then they look v undervalued given the netbacks achievable and demonstrated by the results so far. TXP, JSE and PTAL - I think a lot of investors are in all 3 as they appear to be good bets to me, for differing reasons.

[wanobi] 11/7/2020 12:13

many thanx for your post in regard to PTAL KS, much appreciated,,, its chart has flat-lined and will surely rise a lot when cv-19 is under control there,,, however, I'm finding the decision to buy back in a liitle tricky right now as I read reports etc,,, https://www.bbc.co.uk/news/world-latin-america-53150808 guess I should scale in next week, buy a quarter of what I'd like to own and wait... cheers Wan :-) free stock charts from uk.advfn.com

[king suarez] 11/7/2020 11:21

Yep, I'm aware of the risks in AVCT. Have a smaller position there than TXP, but just thought from a charting perspective it's interesting to see a similar wedge pattern formed - both following placings too. I am quite hopeful for AVCT success, but have/had more confidence in TXP. AVCT have more avenues for potential success, I guess, but TXP had/has perhaps better COS as you say.

[bleepy] 11/7/2020 10:25

Completing the company profile, we have a highly qualified management team.. The Anglo Asian management team is comprised of seasoned specialists in their respective fields working together to achieve the company’s growth strategy. ABDULJABAR AHMADOV Vice President Government Affairs Azerbaijan International Mining Company Limited FARHANG HEDJAZI Vice President Technical Services Azerbaijan International Mining Company Limited WILLIAM MORGAN Chief Financial Officer Anglo Asian Mining PLC STEPHEN WESTHEAD Director of Geology and Mining Azerbaijan International Mining Company (AIMC)

[bleepy] 11/7/2020 10:20

Carrying out due diligence and wading through the red tape of a joint venture, we could not be more qualified than our very own bod, read on.... Anglo Asian benefits from a strong board with the technical and corporate expertise to drive the Company forward. MR KHOSROW ZAMANI Khosrow Zamani was director of the southern Europe and central Asia department of the International Finance Corporation (“IFC”), the private sector lending arm of the World Bank, from March 2000 to July 2005. He was responsible for the IFC investment programme and strategy in 15 countries across the region. Whilst a director at IFC, Khosrow was instrumental in building the IFC investment portfolio in the region with several new initiatives, particularly in central Asia and Caucasia. He oversaw the IFC portfolio of more than $2 billion, diversified across the financial, oil and gas, mining and manufacturing sectors. Khosrow has over 30 years of experience in investment and project finance and banking in emerging markets. He holds an MSc in Engineering from the United States of America and a master of business operations and management from the United Kingdom. He was formerly a non-executive board member and chairman of the corporate governance committee of Sekerbank A.S., a publicly listed commercial bank in Turkey, and a non-executive board member and a member of the compensation committee of Komercijalna Bank, Serbia. * Independent non-executive director. MR REZA VAZIRI President and Chief Executive Mr Reza Vaziri Reza Vaziri has been actively involved in business in the Republic of Azerbaijan since just after its independence. Since R.V. Investment Group Services LLC, now Anglo Asian’s subsidiary, signed a Production Sharing Agreement with the Government of the Republic of Azerbaijan, Reza has been focused on developing Anglo Asian Mining PLC into a significant gold producer in the Caucasia and central Asia region. Prior to his business career, Reza held a number of high-ranking positions in the pre-revolutionary Iranian government. He was the head of the Foreign Relations Office at the Ministry of the Imperial Court of Iran. At the time of the revolution, he was chief of the office of political and international affairs. Reza holds a law degree from the national university of Iran. As founder and co-chairman for life of the board of directors of the US–Azerbaijan Chamber of Commerce with James A Baker IV, Reza dedicates much of his time furthering business relations between the two countries. Reza serves alongside such directors as James Baker III, Zbigniew Brzezinski, Governor John Sununu and Henry Kissinger. Reza resides in Baku, London and Washington, DC. GOVERNOR JOHN H SUNUNU Non-Executive Director Governor John H Sununu Governor John Sununu received a PhD from Massachusetts Institute of Technology and taught engineering at Tufts University for 16 years. He served three terms as the Governor of New Hampshire before President George H W Bush appointed him chief of staff in 1989, a position that he held until March 1992. After his tenure as chief of staff, he co-hosted CNN’s Crossfire, ran an engineering firm and then, in 2004, served as the visiting Roy M and Barbara Goodman family professor of practice in public service at the Kennedy School of Government at Harvard University. John is a former partner in Trinity International Partners, a private financial firm, and currently serves as president of JHS Associates Ltd. PROFESSOR JOHN MONHEMIUS Non-Executive Director Professor John Monhemius Emeritus professor John Monhemius held the Roy Wright Chair in mineral and environmental engineering at the Royal School of Mines, Imperial College, London until 2004, when he retired from full-time academic work. From 2000 to 2004, he was dean of the Royal School of Mines. He has more than 40 years of experience of academic and industrial research and development in hydrometallurgy and environmental control in mining and metallurgical processes, particularly in the management of toxic wastes and effluents, and he has acted as a consultant to many large mining and chemical companies. John has published over 130 papers of scientific literature and he has supervised more than 30 PhD students. From 1986 to 1996, he was a co-founder and director of Consort Research Ltd, a consultancy specialising in gold and base metal ore processing, and he is a former director of Obtala Resources plc. * Independent non-executive director. MR RICHARD ROUND Non-Executive Director* Mr Richard Round Richard Round has held senior finance and leadership roles in a range of quoted and private companies. Richard now maintains a portfolio of non-executive director and board advisory positions in the energy, mining and technology development sectors. Most recently, Richard led the strategy and ultimate sale of hydro developer Green Highland Renewables prior to which he successfully secured around £70 million of funding for the development of the Oyster wave power technology for Aquamarine Power. Prior to joining Aquamarine Power, Richard was acting chief executive at the quoted group, Novera Energy plc where he led the sale of the landfill gas, wind and hydro group. Richard has also held a number of finance director roles in the renewable, oil and gas service, coal and mining sectors with companies including Mining Scotland, Consolidated Supply Management and Cambrian Mining plc. Richard was also finance director of Anglo Asian Mining PLC where he stepped down in July 2008 and was appointed a non‑executive director. * Independent non-executive director.

[wanobi] 11/7/2020 10:19

KS, a word of caution if I may,, with TXP we were very, very sure the COS was high, previous drill results from the 50's, new techniques, great team etc etc,,, with AVCT, we really don't know if the LFT or the neutralising treatments will work, so it's much more 50/50 to me and the patterns above can break either way,,,, as the wedge gets tighter something comes along,,, an RNS,,, which will cause it to breakout up or down.... that's the main reason I downsized my position in AVCT to free carry... originally I invested for the cancer cure they're working on,,, but now I have no feel for how much of the current value/SP is made up of cv19 punters who'll bail at the first sign of failure on that front,,,, so it's all a bit tricky, hence still a punt in my view.... others will no doubt disagree with me and that's just fine, no problem :-) Cheers Wan :-)

[wanobi] 11/7/2020 10:00

I think this is the point you are making KS ? Cheers Wan :-) free stock charts from uk.advfn.com free stock charts from uk.advfn.com

[king suarez] 11/7/2020 09:21

Wan - does the current AVCT chart look similar to the TXP chart of a few months ago, before it started the recent climb to new highs? Same kind of wedge forming?

[wanobi] 11/7/2020 08:11

Good morning all :-) Yep, awesome work ODR, well done indeed :-) Looking forward to your next one :-) Cheers Wan :-)

[brasso3] 11/7/2020 06:21

Sorry just seen the typo! You are correct he has 20%.

[avsome1968] 11/7/2020 00:19

Brasso Yes but Mr Odoi seems happy to keep acquiring stock. He is now around 10% Martin Ooi holds 20.2% wouldn't surprise me hes bought Van Vreden {director] 1 million shares he wanted to sell soon as possible for some reason probably to pay the wife of lol also think we will get a rns next week that hes added more, have a lovely weekend guys. AV

[king suarez] 10/7/2020 20:47

Yes, and the type of business that should be easily scaleable if picking good projects with a quick payback period. Think the current royalties from the first iron mining royalties cover G&A (2M AUD annally). Royalty streamers tend to get valued at quite high p/e ratios due to the high margins and low operating costs, as you say. I like that the 2nd investment they made should have a payback period in 2.5 years, then they can put the capital back into something else - if they have success like that the business could scale up fast - all about skill in picking the right projects and negotiating a good deal I guess.

[sharekitchen1974] 10/7/2020 20:39

Georgia would make more sense I guess, hopefully we will find out soon if it happens. Was looking earlier at EEE, very cheap Mcap with interests in Georgia and Australia, food for thought, also has share price Angel as broker

[mattjos] 10/7/2020 20:33

The narrowing spread now being witnessed suggests the buyers are growingly emboldened & the MM's are finally having to get off their perch and do a bit, too make a bit.

[mattjos] 10/7/2020 20:31

Weighing up all that is currently known, below 140p is cheap.

[allviewswelcome] 10/7/2020 20:29

Hi KS, I haven't delved too deep into their records to be honest, but there's some big companies on their resumes. I like the fact it has low costs and the royalties come direct from revenues. No messy business with capital and operating costs etc.

[king suarez] 10/7/2020 19:53

AVW - TRR does look interesting. Watched the latest presentation and an interview on Youtube earlier this afternoon. Thanks for highlighting. I will keep an eye on it with a view to an investment. Like the idea of a diversified royalty streaming business. Any ideas what the management's track record is?

[king suarez] 10/7/2020 19:51

What is it about 140p in particular that seems to be such a strong support/resistance level?

[jeanesy] 10/7/2020 19:04

Well done ODR . I nearly joined in there when they dropped to 1.2 but i remember this share well from my early days.. dilution after dilution. I hope it turns out well for you as an investment .