Oh blimey cmb. That’s awful.
What an ungrateful snivelling wretch this individual must be. I think you should have it out with them. Probably in a public forum in the hope you can make them see the error or their ways.
Let em have it!
:D
By the way, the rum you drink… what brand is it? Is it stronger than normal rum? Or perhaps it comes in big bottles?
And please, no need for Appolonias
;D
I really should know better… |
I'd expect 180 within a week of announcing a sensible 25 production target. At Demirli, our costs of production are 2k/ton of copper produced, and forecast production is 15k tons per year. So at current prices that's well over $100m profit pa from Demirli alone. Put a PE of 5 on that and take 40% off to reflect profit share and that's still worth £2/share. And that's a mine nobody outside this group even knows about. |
 I know you're all doing so already, but look at the metals prices. Have AAZ's prospects ever been better than now?
Even the horrible shutdown could actually benefit us in the long run thanks to the incredible rise in gold and copper prices.
2023 forecast gold production 31,000 oz @ $1800
2023 forecast copper production 4,200 t @ $8500
2023 forecast turnover $91.5m without the government's intervention.
Mining that exact (low grade Gedabek) ground at today's spot prices would bring $130m in turnover.
A decent chunk of the $38.5m should drop to the bottom line, and easily cover interest payments and extra expenses caused by the Azeri government.
And of course there's better ground to be mined very very soon. Better grades. Bigger plant capacity. And at some point hopefully in the next 1 - 3 years a whole new mine to be reopened in Demirli.
And hopefully a few years after that, a huge copper resource to be tapped into at Garadagh.
Hope people managed to load up in double figures. The light at the end of the tunnel is shining brighter than ever. I'm already thinking about the size of the dividend in 2026. |
These are my price targets for metals by end August this year, according to the charts I keep tabs on:
Au: $3,300
Cu: $12,000
Ag: $40
all in the next 6-7 months.
That's one helluva set up for AAZ to bring first Gilar and then Demirli into production.
We could just blow through £1.80 in the next 6-7 months which sounds dramatic but is only a 60% rise & we all know how quickly AAZ can move once just a modicum of determined buying takes hold. |
Silver will then surely get into the $40's |
fwiw, I believe Copper breakout will result in measured move to $12,000/t by August |
citi chaps clearly familiar with EW theory: |
It's a strong trend RB & seemingly more fuel being added to it each week .... maybe at $3,300 |
Wan wasn’t so much looking for help, more just musing about how the strong move feels, having sat on hands a long time lol |
Matt ' according to some news recently from China.
2 of the bigges world Gold discoveries have been found in China. Tons of it !!! |
AIE' agreed completly with your thinking.
There is a but though. AAZ will need to pay a dividend.
That's how the BoD make a profit.
In the meantime they are busy with the Gilar mine ore prossing and reports from the various Cos.
Regarding the poluttion created on the Demirli Mine site also the T/D. |
"As Bloomberg reports, ten insurance firms - including PICC Property & Casualty Co. and China Life Insurance Co., two of China’s biggest - will be able to invest as much as 1% of their assets in bullion, in a program that became effective last Friday.
That would translate into a potential 200 billion yuan ($27.4 billion) of funds, Minsheng Securities Co. said in a note." |
Wan charts never lie.
Not "rocket science"
THE CULT knew exactly what was happening.
"wiggle wiggle".
BWTFDIK |
we buy more ssb :-) LOL :-) |
both will have a drop at some point Rb as people go through the same thought processes as you have and act upon those thoughts.... :-) :-)
apols, that statement reminds me of the advert with the boy and his Dad,,,
"I'm not helping much am I, Dad"
LOL, soz :-)
Cheers
Wan :-) |
Wan probably but then what happens to us?
Maybe ask JB2 seems to be on it..
BWTFDIK |
if they do,, it won't be a problem :-) :-) |
Why would AAZ need a loan?
They have so much GOLD
BWTFDIK |
So should be ahead of market expectations? |
But at the current price of gold I can’t imagine AAZ will need to tap the loan? |
AIE' agreed completly with your post. Watch this space !! First the Gilar news. Perhaps a bit about Demirli.
I expect Demirli news in March though.
Let's see what news we receive firt. I personally think it will be about Gilar mine first though. |
Demerli & Gilar, sounds like a Turkish deli in Stoke Newington… |
RB' I would just sit back and let it all play out.
It is certainly a changing and challenging world we live in right now. No one knows for sure what awaits us in the future.
Tomorrow could be another day to think about things.
NAI of course. |
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