Anglo Asian Mining Share Discussion Threads

[jbravo2] 11/1/2018 17:53

ht tps://simplywall.st/stocks/gb/materials/aim-aaz/anglo-asian-mining-shares/news/who-are-the-top-investors-in-anglo-asian-mining-plc-lonaaz/

Computer generated article fails to highlight meeeeeeeeeeeeee!
:)

[jbravo2] 11/1/2018 17:46

I don't think 22k is too ambitious but it is difficult to know.
We don't know how rich the stacked sulphide ore is and they're clearly limited by the crushing/milling capacity when running two lines. Also lets not forget its another first go at another configuration of plant. Valuable experience for when we have more crushing.

Anything over 20k is very very good, so 10% above that would be truly wonderful.

[brasso3] 11/1/2018 17:34

I am expecting 19k - 20k oz gold equivalent.

The gold alone will be around 18k oz.

[jaspoland] 11/1/2018 17:11

Finger in the air time. Is 22k GEO too ambitious for Q4?

[mattjos] 11/1/2018 17:00

thanks for popping back zhockey .. still time to have another crack but, if you decide not to, good luck elsewhere. You always made a good contribution here

[jbravo2] 11/1/2018 16:48

Thanks mr hockey. All the best to you too.

[zhockey] 11/1/2018 16:40

Well done to those who held, just remember don't become too attached. I held from a few pence up to 86p and all the way back. Best of luck!

[jbravo2] 11/1/2018 16:12

So there we go, nearly the end of another eventful day.
Over half a million traded (inc NEX). Healthy volume.

Presumably tomorrow is the last day to take a position before the production and debt numbers break on Monday.
Then perhaps another week til exploration plan and then another week or two til refinancing? (I'd presume they'll leave that til closer to next payment date)

[davidspringbank] 11/1/2018 15:23

My decision to sell the bigger gold stocks (HOC,HGM, CEY, POLY) to buy AAZ has been vindicated and I ain't selling anything. I think 2018 is going to be a defining year for gold, silver and copper taking us out of the $1200's to higher levels. So I'm just going to sit tight and do nothing and ride the wave.

[gutterhead] 11/1/2018 14:17

We haven't mentioned Stephen Westhead, Director of Geology, for a while-he should get some praise-one of the best geologists in the industry
A great signing by our CEO

[brasso3] 11/1/2018 14:07

Gold having another go at $1325...

[mattjos] 11/1/2018 14:05

always lots of competitions on ADVFN for NY tips etc.
I try to monitor several of the well established ones.

Most have plumped for the well known stocks like IQE, BOO etc. No one has mentioned AAZ wherever I have looked so, we have remained virtually completely under the radar despite a 600% rise over the last 24 months.

That tells me that there will be plenty of money to come in here over the months ahead as a wider audience starts to appreciate the accomplishments & the value in.

Despite all this, we are still not even back to the level at which Bashirov starting his forced selling. Incredibly, still another 30-35% rise required before we even get back to that level !

[wrighty46] 11/1/2018 13:56

Not my buy btw lol

[wrighty46] 11/1/2018 13:52

Saw that brasso, 4p would of been lovely. Hindsight eh lol. Bring on the update now please. But not tomorrow as I've got a 5 hr drive, and really don't want to be stopping at every service station. GLA and welcome also to new investors here. Best bb on advfn. And probably the best company on aim IMO.

[mattjos] 11/1/2018 13:49

Ugur processing will still be giving us circa 200oz / day & they have learnt from previous winters that it is sensible to have stockpiled ore by the agitation & flotation plants in case they get a bad snowfall (none to date).

I believe the new crusher, to enable the flotation plant to increase production when they are running the two processes in parallel, will be targeted for Spring install & switch on. That should enable a further 20% increase in daily production rates from the combined processes.

Subject to exactly what type of ore the exploration at Gedabek turns up, that sets up very well for Agitation & Flotation in parallel or, Agitation followed by Flotation / Flotation then Agitation in series ... with Heap and SART carrying as before. It's a very, very flexible processing circuit & borne from long, diligent experimentation & research on the complex and changing ore types and grades around Gedabek, to maximise production whilst minimising costs.

I really don't think many people understand the scale of achievement & just how well it sets us up for the future.

With all this under our belts, it is exactly the right time to push ahead with a significant exploration programme both over & under-ground.
This time around, unlike 2010, we do have the knowledge and the plant to really maximise the opportunity as it is unearthed.

A terrifically exciting and pivotal year ahead of us. By end this year, I do not expect AAZ to have the persistent "aiming to become a mid-tier producer' footer on all their communiques .. they will already be so!

[brasso3] 11/1/2018 13:40

I see 58k and 59k trades went through above 43p. That is a nice round £50k investment for someone.

[edjge2] 11/1/2018 13:34

gold trying for 1325 again should help us

[celeritas] 11/1/2018 13:22

Just the breakout I've been looking for, more top ups to come.

[killary cunton] 11/1/2018 13:21

Brasso those low PEs will change when gold comes back into fashion. That's what makes PM miners so attractive. They have never ever been cheaper than they are now compared to the gold price. And I believe gold is cheap compared to everything else. perfect storm.

edit except for maybe silver

[jaspoland] 11/1/2018 13:21

jbe81. Possibly working on the basis that 2 days of quick rises will be followed by a fall on the 3rd day. Might work for them but come tomorrow afternoon they will be scrambling for stock as people take positions for next week.

You snooze you lose..

[jbe81] 11/1/2018 12:45

Plenty of traders taking their profits already , good for a continued rise with news

[mattjos] 11/1/2018 12:41

well done iltl

[ilostthelot] 11/1/2018 12:13

Go for the 100 bagger ?? 🤔

[ilostthelot] 11/1/2018 12:12

10 bagger thankyou very much 🤗😊😊😊

[mattjos] 11/1/2018 11:49

Good idea Brasso .. will update that in next couple of days .. takes a while to draw up correctly and annotate.