Anglo Asian Mining Share Discussion Threads

[mattjos] 15/11/2017 08:16

Despite the attempted smash down last week, Gold is still doing well in carving out this bowl. $1,280+

[mattjos] 14/11/2017 16:23

Agreed jb .. that is a good summary of the likely timeline for any debt-refinancing activities.

If they manage to achieve that deal before 25th, it will help with cash near-term for minimum effect on the term of the remainder of the debt, given it will be done in the quest for a lower overall rate of interest.
The $2.5m will come in very handy for any down-payment on the crusher / new underground plant for Gadir & its associated extension under Gedabek

[celeritas] 14/11/2017 14:20

Agree JB, just a waiting game really.
I can think of a few reasons to sell stocks but boredom isn't one of them.

[jbravo2] 14/11/2017 14:02

So it was always going to move on small amounts of buying as the slack stock sold by bored PI's on the way down was taken by the buyer, but it really is more thinly available than I thought it would be.
It's just a waiting game.

As wrighty, matt, jbe, fz, basically everyone, has said, as soon as news of financing, drill results, dividend plans, plant expansion details, end of year results or any of the other items land then stock will be even more scarce!

The payment for ATB/GP is due in a week or so. I'd imagine they'd want to refinance as close to that as possible without having to make the payment, in order to "steal" $2.5m for the bank balance. At least thats what I'd do.
So, anytime now but before the 25th

[jbe81] 14/11/2017 13:36

Good to see it moving on such little buying, should encourage those watching to buy before it becomes much more expensive

[mattjos] 14/11/2017 13:31

MM's just moving the Offer up to try and deter buying whilst also holding down the indicated Bid to try and collect more stock but, actually willing to pay well over indicated Bid

[mattjos] 14/11/2017 13:25

yes, have also added recently. There is a buyer in size around

[wrighty46] 14/11/2017 13:07

Good afternoon all. Looks as though the Mm's are scrambling to protect their buyer. News is now due anytime on multiple fronts which should increase interest. Have added again over the last week. I seriously think this is going to catch slot of people by surprise with how violent the uptrend will be when we get hard figures. GLA

[jbe81] 13/11/2017 21:28

Yes Jbravo. Interesting to see what he does when PIs are buying, should be plenty of news to generate buying and q4 results should be outstanding. So will be people buying in anticipation.

[celeritas] 13/11/2017 21:18

Someone is mopping up pi trades. Substantial size so likely to be a longer term holder which will further limit stock in the future. Could be a director I suppose.

[jeanesy] 13/11/2017 21:10

270K trade was from 9th november, but I still make that a buy !

[jbravo2] 13/11/2017 17:54

Is the 270k not from the 9th Nov?
Anyway, as jbe says, there has been some fair old size recently.

Slightly different patterns the last 2 weeks or so. Fair amount of selling from smaller PI's recently being given up to the buyer during the day in larger trades.
Still the buyer clearly to not wanting to drive the price up though. Only taking slack stock. Of course. I mean so long as he gets people getting bored out, why would he?

[jbe81] 13/11/2017 17:29

3 x 250k buys last week too. Somebody is building quite a stake.

[mattjos] 13/11/2017 17:23

270k at 29.9p after the bell . that's a very big single trade for AAZ & looks like a Buy to me

[friendzarin] 13/11/2017 11:52

Hey ho Matt. Let’s see where I get to 😙

[mattjos] 13/11/2017 11:47

Good luck with St. Brides!! .... my experience is that they never reply to either phone calls or emails.

[friendzarin] 13/11/2017 11:47

This subject may be just chaff in the wind given the business fundamentals and the news we await however like any other area in the business if this is a process that can be improved why not do so ?

[jbe81] 13/11/2017 11:28

Shouldn't take long for them to tell you what they do ;)

[friendzarin] 13/11/2017 11:25

Bleepy/jbe
I am starting with St Brides to understand what they do. I have a response outstanding for just less than 2 weeks. I will give them a couple of more days before I chase it up. I just need to understand the process and why it does not seem to have the impact that I would suggest all parties are committed to.
Fz

[jbe81] 13/11/2017 11:15

Emailing AAZ with PR concerns, especially if they are receiving emails from multiple shareholders would seem like a very good idea.

[bleepy] 13/11/2017 11:11

Fz
Many on this board have expressed and share your concerns. The appeal for better content and style seem to be falling on deaf ears. Have you approached Aaz outlining the same. Are emails reaching the ears of vaziri I wonder. His in housekeeping, monitoring and accounting for every dollar spent is to be applauded. The last rns was so crammed with info it warranted releasing 4/5 rns to convey and digest the fullness of each bite. Reza doing what he does well, saving money, in this case buried the impact of the news items. Their pr is a car crash at present so persistent advice maybe from concerned investors may well be noted.

[jbe81] 13/11/2017 11:09

I know some posters here read Chip's gold thread(CHIP) and Matt has flagged it up before, but well worth reading for those that don't.

[friendzarin] 13/11/2017 09:17

I’m not sure how AAZ does these things but if you take an RNS being issued in my experience a company would draft its own RNS which the Nomad signs off. So the content and style of the RNS is in the hands of the company. So who is actually doing this and how involved in the preparatory stage are St Brides and S P Angel ?
I have assumed that the role of the Nomad only really begins at that stage and gaining exposure ,publicity and raising investor interest and awareness etc are clearly in his/her domain as are producing serious ,informed and analytical house broker notes. When I wrote to share price Angel a number of weeks ago (13 Sept)I was told who the analyst was (Sergey )and it would be his role to ‘update the market when there is sufficient meaningful news to teport on ‘
Given progress in the intervening period and a visit to site surely something more substantial than what has so far been issued should have been released.
So I think there is a two fold issue here in that the company should elaborate its overall strategy and goals more clearly and link how the current RNS /news being issued is part of a pattern of events that shows they are on track to meet those goals (ie debt/production capacity/drilling/exploration etc) This would be picked up by many individual investors as per bulletin boards /newsletters etc etc and cause them to make further research. Also the Nomad should then set in motion it’s approach to reach a wider institutional audience than currently exists.
Am I in error in assuming this is how it should happen ?

[mattjos] 11/11/2017 20:06

SCSW not in any way interested in covering AIM miners .. I've hilited this to them at 5,6 & 7p but, they won't go near it .. not their thing, they say, until it becomes a dividend payer

[gutterhead] 11/11/2017 19:55

Matt, celeritas
Spot on
Bin the nomad, they don’t see or care about the opportunity.
Appoint some one wanting to make a name for themselves.
A nomad with commitment