Anglo Asian Mining Share Discussion Threads

[catsick] 21/5/2018 11:06

Ipo was at 77p over 10 years ago, thats the next target !

[jbe81] 21/5/2018 11:01

Buyer happy to take the 10k available in the auction @50p

[return_of_the_apeman] 21/5/2018 10:59

cup & handle does target £1.20, beers are on me if it get's there this week though

[bumpa33] 21/5/2018 10:54

classic mm play, they were so short of stock they had to let it run and pull in some stock higher up...

[celeritas] 21/5/2018 10:53

I agree jbe, in hindsight you could be saying the same at 100p.
Looks like the same trick with solg today.

[bleepy] 21/5/2018 10:52

I mean this week’s results. Not unusual to see 30/40% jumps in share price when it does start to motor catching many people cold in its wake.

[return_of_the_apeman] 21/5/2018 10:49

bleepy, I guess you mean next set of results, not the ones this week?

Couldn't agree more that this should be 80p by now based on fundamentals, value is slowly outing here

I expect some of the stocko followers that pick up on this after it moves up from it's 92/100 rating, could be put of by the lack of stock to buy and won't realise they will have to buy in small tranches or use fork to pick up a sizeable amount

[jbe81] 21/5/2018 10:47

You can buy in the low 50s now, time will show that thats an absurd gift too.

[mad foetus] 21/5/2018 10:42

Cannot believe I was able to buy these last week at sub 42p on that absurd price drop. What a gift.

[gutterhead] 21/5/2018 10:42

nice to break 50p
significant recent high

[bleepy] 21/5/2018 10:36

Agreed as should be 80p+ minimum at this stage and looking at 120p come results. Additional drivers of divi announcement, resource/reserve upgrade and exploration progress should further fuel the share price north.

[lefrene] 21/5/2018 10:34

At last AAZ seems to have found it's bike :¬)

[mattjos] 21/5/2018 10:25

still not even back to where Bashirov started his destructive forced-selling

[mr roper] 21/5/2018 10:19

SP starting to stretch it's legs. Many thanks for everyone's feedback yesterday on stocko etc.

[goldrush] 21/5/2018 10:14

jbravo2

Well summed up. And we know that even at double today’s share price we would still be cheap and good value, especially when the divi announcement is out in the market....whether it is with the results or at the interims in a few months time.

It’s also the classic play that traders will get caught out in their timing e.g if we go up 20% they might try to time a sale and buy back lower.....IMHO they could well get locked out and not get back in again....except higher ...All IMHO

[mattjos] 21/5/2018 10:09

yup, still nothing online at 49

[yasx] 21/5/2018 10:02

What is significant in terms of sentiment is that fairly recently gold has retreated markedly yet AAZ during the same period has inched higher.

The low AISC mans that at or anywhere around recent price ranges, AAZ makes a considerable sum of money.

[jbe81] 21/5/2018 10:02

Looks like it has along way to move, mms dont want to offer any at 49p either.

[jbravo2] 21/5/2018 09:54

You got it supercity, catsick.
The 2017 results simply point in the right direction.
It is the 2018 results which will be truly stupendous.
Thing is, the results for 2017 are going to give notice to a fair few more people. Likewise the mid years when we just about become debt free.
Then we're a cash machine.

They're going to have to move it a long way north to find some PI sellers if the main seller is now out. There is no PI appetite to sell here when you're going to double your money inside 12 months.

[jbe81] 21/5/2018 09:42

A couple of fill or kill buys or people prepared to pay over will soon change things. Obvious it is moving up with any buying, so anybody who wants some shouldnt worry about paying over.

[supercity] 21/5/2018 09:37

I wouldn't be too hung up on this years profit - it could easily be zero due to the debt they have paid offWhat undervalues this share for me is that if (as expected) they become debt free in the next 3-6 months you then look at how much debt they have paid off which next year which could/should be profit along with ramped up production going forwardThe big money here is 12 months from now but the insight will be with this years results

[mattjos] 21/5/2018 09:08

whether or not that the was the last block from the seller is, yet, unknown but, there was only 10,789 on the book in the two auctions today and the buyer took them in the 9am auction. MM's have been shutting off trading here for a while to facilitate the buyer & the seller matching up in the auctions. Perhaps now they will let it move freely

[catsick] 21/5/2018 09:03

Yes I cant even get a quote in 1000 of them ...

[mattjos] 21/5/2018 08:37

Waiting for some sales it seems as nothing offered online