Anglo Asian Mining Share Discussion Threads

[homebrewruss] 03/5/2018 11:35

Latest presentation from the RNS:

[mattjos] 02/5/2018 21:24

Crazy .. don't get me wrong. That would be lovely but, I just do not want this to spike up to 80p like last time and then fall back.The chart is, as many have commented, resembling a staircase with approximately 3 month consolidations between steps up.It is nicely building in strong foundations each step of the way up.A quarterly based positive newsflow will help reinforce that pattern and give ever increasing confidence to investors.I would just like to see this progress keep repeating throughout the rest of the year and have us at/over the 80p level when the first dividend is announced. That should put a strong long term floor to the price at the 80p level. If you buy at this level and that comes to pass then you'll see a 100% capital gain & a dividend stream on top. Let's keep 'plodding' on along those lines, please

[crazycoops] 02/5/2018 20:35

Hard to disagree Matt, although why not a divi with full year results?

[mattjos] 02/5/2018 19:34

Were I in Reza's shoes, this is how I would play it in terms of priorities:- Simple presentation highlighting the strong free cash-flow, emphasising the positives of the PSA (particularly this stage of the cycle), be clear the exploration is going very well & this year's production targets WILL be hit.- Get FY results out slightly earlier than usual & let the financial metrics do the talking.- New crusher switch on by month end .. May is an obvious month for this, given when it was ordered & weather conditions.- good Q2 results- announce maiden dividend intent with the HY results- big exploration update and significant LOM extensionWe'll be well over 80p by then & looking for £1

[crazycoops] 02/5/2018 19:24

My guess would be no RNS tomorrow (but WTFDIK). Getting on the radar of some HNW/family offices and small/specialist funds is a good move ahead of results. That should be a key inflection point for the re-rating to begin, especially if a divi is announced. Of course, a JORC update could come at any time which will also be a key contributor to re-rating, not to mention the possibility of production upgrades and strong pog. The only negative/drag factor I see here is the ongoing impact of the Beaufort scandal. Hopefully that is a relatively small number of shares though and will be absorbed by the market, hence a smart move to get on the radar of new potential buyers with deep pockets.

[mattjos] 02/5/2018 19:24

Hope so, long from 1304 today

[davidspringbank] 02/5/2018 18:55

I suspect that the price of gold is going to take off this summer and AAZ will be laughing all the way to the bank. They won't be able to hold down the price for too much longer.

By the way, GEO is on a roll, up 8.12% today to £0.1365p. There is a lot more to come.

DYOR.

GLA.

[yasx] 02/5/2018 17:12

On a more serious note, Mattjos raises a very important point, but, i think he is wrong to direct his agitation at share price Angel. When it comes to choice of broker and information provided to them, the buck stops with the Board of AAZ. They, not share price Angel, seem keen for whatever reason to portray a very subdued picture.

If enough pressure was exerted upon them by minority holders who could demonstrate a collective double digit percentage holding, it might have some impact. But, as long as cheerleaders like the delusional FZ continue to support their PR effort (although the ghastly hypocritical fool himself indulges in criticism), the Board see no reason to alter affairs.

In the end companies do revert to value, but, a company has to ensure the PR is appropriate during ebullient phases. No point wasting time and resource on initiatives like the conference tomorrow if thew Co. broker cannot muster up a decent broker note to outline strides over the past year. Hence why I disagree with Terropol's comment that the Co has no time for anything related to PR - so why attend the conference tomorrow.

Somehow, something does not smell right - the undervaluation is palpable, but, I remain only cautiously optimistic. Not selling however (much to FZ's chagrin), awaiting events to unfold.

[friendzarin] 02/5/2018 16:28

Henwii

I emailed the organisers twice with no reply so I called St Brides who tell me AAZ are slotted to present at 1pm tomorrow , which must be the last one before lunch I would have thought.

I think times can vary on the day ( ie brought forward in their case ) because of no shows or whatever but it does look like there may be some leeway to attend for anyone to whom an early start might be problematic.

[jimbowen30] 02/5/2018 16:18

Picked up 25,000 at 40.8p this afternoon. This is way too cheap imo but I'm happy to wait for the big move up if necessary.

[gutterhead] 02/5/2018 16:16

Matt
Im planning to attend AGM also and think IOU a crusty sandwich
Id also be happy too join in with giving share price angel some "encouragement"
GH

[mattjos] 02/5/2018 15:46

just continuing to hammer out a stronger and stronger base at 40p in readiness for next upward move. Those 40p visits and getting shorter and shorter each time since start of April. Pattern was a differnet one, but it took 4 months bubbling just under 20p from April to end August last year and then took of into the 40's.
Reasonably confident that in 3 weeks or less, the FY17 results will be the catalyst for 45, 50 & 55p to get taken out in short order .. that may even start tomorrow if they RNS anything for this conference and/or put the presentation up on the website ... historically, these presentations often reveal a few more nuggets not yet in the public domain.
I see this week as the last week that 40p'ish is offered

[basem1] 02/5/2018 15:27

Wish I'd taken them now lol

[mattjos] 02/5/2018 15:26

Don't believe Beaufort's position here was at all a big one else, I am pretty sure someone here would have declared so.
Not really interested in who or why they are selling .. this is stupid cheap.

The crusher will be on site and up & running this month & then, in addition to the increased Gold production from Agitation, we will be back cranking out Copper as per last year's run rate.
I've relieved the seller of more today

[lefrene] 02/5/2018 14:51

Thanks basem1, but won't PWC be along in a moment and dump another slug from Beauforts? There's no way of knowing of course.

[basem1] 02/5/2018 14:48

Just the 10000 left at 41 if anyone's interested. I took a further 20000 at 40.22p

[lefrene] 02/5/2018 13:51

You might add, 'ridiculously cheap' to that list too, Iron Storm! I admit I just don't get it, this sort of apparent mis-pricing is usually hiding some dark family secret, luring in the uninitiated innocents. But this is a high achieving impeccably managed business, and yet it seems the market is punishing it, why?

[ironstorm] 02/5/2018 13:33

So what are you saying lefrene

That this is a business with falling debts
Rising Production
And an abundance of raw material (gold, silver etc)

;-)

[lefrene] 02/5/2018 12:38

Watching the price anyone would think this was a business with rising debts, shrinking production and, problems with sourcing raw materials!

[mad foetus] 02/5/2018 12:36

Bloody frustrating this share though.

[mattjos] 02/5/2018 12:25

40.25's are buys .. added a few more myself