Anglo Asian Mining Share Discussion Threads

[celeritas] 03/3/2018 11:11

Spot on bravo.
For me it's all about expansion the new mining plan will bring. The amount of prospects to explore is huge hence the 3 year plan.
I'd like resource updates separate.

[jbravo2] 03/3/2018 10:52

I don't think so GG.
Clearly,some people are expecting everything to have been drilled, all resource to have been defined and all work finished by now. They don't live in the real world though.
I'm just expecting a plan for the future resource discovery. Anything more will be a bonus.
As I disclosed after my chat with Bill, Stephen hasn't even got all the drill rigs he wants yet.

[puntogt] 03/3/2018 10:51

JamieD
here

02/03/2018 11:35 12,004 41.65

On NEX
www.nexexchange.com/member?securityid=17578

[goodgrief] 03/3/2018 10:43

So have we gone from a steady release of news into a resulting rising share price to a one huge news item?

Mattjos 17 Jan '18 - 11:30 - 10802 of 11782

as ever, we can but wait for the next news article which will start to flesh out some of these points.

Reza has said those updates will arrive in coming weeks, rather than months or an undetermined timeframe.

As Terropol has suggested, I expect they should be fed into the market in such a way as to ensure they can be properly digested rather than lumped into one huge news item.

[jeanesy] 03/3/2018 09:56

Looks like spring temperatures are in Gedabek - unlike here ! Please correct me if im wrong but it does appear that the winter in the region has been much milder than recent years. That should mean that the production figures should be higher than the last couple of years at this time. good to see POG is still holding above 1300. All we need now is some good news on the drilling front( surely they must have some news on the grades from the drilling done in 2017 by now ?!) and the awaited 3 year exploration plan. Do people think that the above will be in one RNS or two ?

[mattjos] 03/3/2018 09:15

Welcome to the thread jamiedodge & thanks for revealing your trade

[jamiedodge] 03/3/2018 09:06

Hi guys. Been in Anglo Asian for quite a long time topping up along the way. I bought 12,004 shares yesterday at around half eleven and the trade's not showing anywhere except my ISA account.Good luck all and this seems a very well run company.

[mad foetus] 03/3/2018 06:40

High park, that looks like the best example of one of Minervini's Volatility Contraction Patterns I have seen in a long time. And yes, it is very bullish and suggests we are very close to breakout.

[mattjos] 02/3/2018 19:58

high park ... I think my bias towards charts is not shared by many on this thread.

However, since you ask, i do interpret it as consolidation on generally lowering volume, forming a pennant on the flagpole with the apex at Tuesday 6th March on the Daily chart & before close 16th March on the Weekly chart. Much beyond that timeframe, will clearly be a disappointment for the markets' expectations.

I've tended towards the longer timeframe on AAZ so, cannot get too bothered about the market's impatience (frustrating as it may be at times) as compared with the exceptionally strong underlying fundamentals of the business, both now and into the future.

I remain quite convinced we will breach the 80p level and that 80p will thereafter prove the floor to the price during the formation of a relatively short & shallow bowl formation, heralding the move beyond 150p.

With that firmly in my mind, these small gyrations either side of 40p just now are really neither here nor there.

[high park] 02/3/2018 18:39

Mattjos

Any opinion? Seems to me there could be powerful breakout.


free stock charts from uk.advfn.com

[celeritas] 02/3/2018 17:22

Ok.
I reckon the'll double production in 3 years throwing off a huge dividend.
The mkt only seems to want instant gains, well your avg PI does anyway, holding for a month seems to be called long term these days.

[wrighty46] 02/3/2018 17:19

Jb I'm hoping for 2-3x 80p by year end, and I personally think we will get it. I have sold a tranche over the last few weeks that was for specific reasons and also leaving me a 200k shares in, at just over £14k, which I'm more than comfortable with. Announcement of dividend any time this year will send this further than most expect. Anyway so looking forward to the next few weeks. GLA

[jbravo2] 02/3/2018 17:08

Aye cel, i knew what you meant.
I was just expressing my lack of comprehension of their decision.
But as I've said before, there will always be someone getting out. With us being SO far off fair value we will slowly but surely be discovered by a greater number of new investors finally hearing about us, working it out, checking it out and getting in.

4p ---> 40p in under 2 years. FACT.
40p ---> >80p by year end. IMO. As good as fact then :D

[celeritas] 02/3/2018 17:02

Bravo, 2 20s a 23k and a 37k.

[celeritas] 02/3/2018 16:40

Anyone own up to selling 100k in 4 trades?
2 small buyers today and 1 seller of 100k. and another 10k sell
In total only 4 people taking interest, maybe the 3 year plan will make people sit up and take notice.

[lefrene] 02/3/2018 16:22

On special offer this pm, gedinkwik :¬)

[jbravo2] 02/3/2018 14:53

If only...

[celeritas] 02/3/2018 14:27

I'd get selling then jeanesy.

[jeanesy] 02/3/2018 13:48

There seems to be no-one buying in anticipation of the exploration news atmo only a few selling. Seems strange when we are so close to the promised news?

[return_of_the_apeman] 02/3/2018 13:22

Looking forward to news next week, then the house broker can sharpen their pencil as promised.

[mattjos] 02/3/2018 12:48

glad we don't have Beaufort as our broker