Good morning all, Cheers Wan :-) |
It should be noted from previous rises in the price of gold AAZ does not go up much but goes down when the gold price does. So far this is happening again. |
Thiopia, I don't often filter people but I'm filtering you. You add nothing to a thread that is otherwise a pleasure to read. AAZ is in production, is drilling exploration holes every day, and has projects ready to come into production within months that the market gives no value to. There is a huge amount that the market could be told about. PXC is working on sorting out the funding that will enable it to start generating news. It will update the market when that process is finalised. If you don't understand the difference then that reflects on you rather than me. Anyway, if your only response to a sensible comment is an ad hominun attack, you are on the wrong thread. So I've filtered you. |
Lol…. Head off to check PXC sp….. nope nothing changed for the better 🙄 |
Foetus ? If you were in charge ? Oh yes given your PXC success you should certainly be in charge |
Bozzy yeah, not alone thinking the rise in metals prices is yet to translate through to AAZ stock valuation; we need some numbers to see it in plain sight. Then as you say, the dividends. If 2025 doesn’t light a fire to the share price, 2026 with dividends will blow the bloody doors off! |
180 is nice as a very short term stepping stone, but anything less than £5 is an undervaluation imho, unless you're really concerned about political risk. |
Do we have a clear idea of what quarterly production from Gedabek will look like once Gilar is in production? Iirc the ore is 1.5% copper and 1.5g/T gold. How many tons a day can we process and do we know likely recovery rates.If I was in charge that's the RNS I'd want to issue. Gilar now in production. Monthly production target of X Oz gold, y tons copper. Starting last week. |
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 :-) |
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