Anglo Asian Mining Share Discussion Threads

[brasso3] 23/5/2019 23:25

Guys

Your trip to the mine was very much appreciated by us all.

When is the next 'jolly boys outing'?

[jbravo2] 23/5/2019 23:14

Agree, very well done and very well said.

Incredible, but I'd forgotten the hoo ha SPA created on our first couple of days back in the UK, trying to get us to pass them stuff to approve before we wrote it up on here.
They were apparently scared we would give the appearance of having inside information. They said they knew we didn't have inside information but it could look bad if we looked like we had some. Quite how you look like you've got inside information if you don't have any is somewhat mystifying and couldn't really be explained to us.
Proper mumbo jumbo. Utter rubbish.

As we eventually agreed between us it was them simply wanting to control information, for them to appear the font of knowledge (laughable as they weren't that even before we visited).
We wrote the stuff up, showed the pics and vids anyway.
Everyone should know how good this is, and accurately how good it is. Not some half assed assessment from SPA

[king suarez] 23/5/2019 22:56

Orm should for sure go up when the company starts receiving an income (dividend) from the share of joint venture profits - and in particular when a plan is demonstrated for how that income will benefit shareholders i.e via dividend and/or investment in their other (gold/copper?) projects...

We may need to wait until there is visibility (and reliability) in the accounts of this income stream..

[king suarez] 23/5/2019 22:51

Well done, Matt (and well said).

[mattjos] 23/5/2019 22:38

There were no proper forecasts here back in 2015/16/17/18 but, that has not prevented the share price rising 16x in that timeframe.

It's the contributors here that have winkled out the information to give us all an insight into the company greater than those in the 'city' have ever had.

It is research, research, research that gives PI's the edge … our 'universe' of stocks is tiny as opposed to the city analysts covering hundreds of companies & we are therefore able to really dissect all the information out there.

eg. When i dug out the technical paper by John Monhemius re FL-->Ag or Ag-->Fl.
The Nomad knew nothing whatsoever about that and nor did anyone outside this thread or the BOD.
Three of us going over to Gedabek and sharing our photos/videos and insights … most of you don't appreciate that caused a bit of a stink. PI's getting in ahead of the 'city' money?!! We've been ahead of the city here for the last 5 years now and that has not hurt anyone here, has it?

Keep doing your research and sharing it here … that is what this thread is set up for & what folk should be concentrating on please.

[celeritas] 23/5/2019 22:13

Take me back to when we only had a few on the thread please. I can confer with Matt if anyone is interested.

[mattjos] 23/5/2019 20:54

I asked Stockopedia today why their AAZ forecast data is gibberish.
They told their data feed is from here for AAZ:



I passed this to John Meyer and he advised they had not heard of them but, asked Sergei (analyst covering AAZ) to check on it.

I would add that any of the folk here who are moaning about this could have done same. This is our company . We all own a part of it. If you want it to grow and be recognised by others then, suggest others try and be a little more proactive and use a bit of gumption.

[callmebwana] 23/5/2019 20:49

Wan,I do post some for you to look at Co,s. You can always question me as to why I have invested there. If you just have money sitting in the Bank that is no good. Metro was a punt to say the least but I did look at what was happening,so not a pure gamble.
There are Co,s you can play safe and and earn a divi and share price gain. No share is safe, as we should know. Start of with a couple of £K and if it starts going up buy more. I have said to you a few times,I top up when the trend starts going up.
AAZ is a good example I bought in first time in the mid 30Ps and bought more until mid 90P.It is the largest holding in my portfolio now.
In big Co,s I always use a trailing stop loss. I have said to you at times the market can over reacts, HOC,GLEN,FXPO, etc etc. PFC I got out at over £6, I was in at £4,20 something. I bought in again and sold out,Oil is a dangerus play in this market IMO.
We are here after all to discuss our investing ideas. Now don't expect results very quickly either. ORM is a good example,you have been in that one a short time. It can go up to 8/10P, when is the question.A year or two? Not a long time to double your money? PATIENCE is the mantra at times.
Have a good evening all.
Perhaps it is best that you play a bit of a waiting game for now,the markets are all over the place. It all depends how China and the USA play their game.

[mattjos] 23/5/2019 20:47

That is not the Stocko provider .. I asked Stocko today this exact question

[podgyted] 23/5/2019 20:16

I'm pretty sure I'll build this back up in the near future - its just unnecessary uncertainty - they pay SPA !!!!!

[podgyted] 23/5/2019 20:00

No MF, although our paths seem to cross on a few shares.

GAW was one of my few positives today, and I finally ditched AMER - which I'll no doubt regret.

[jeanesy] 23/5/2019 19:54

Price of copper is not helping here as is market sentiment. Could fall below 90p again which I really didn't think i would see after the terrific results. Funny old game this !! :)

[mad foetus] 23/5/2019 19:53

In all seriousness, it will be the main question at the AGM: "why is the house broker anticipating a drop in profits of 75% next year? And if you cannot persuade your house broker of your prospects how can you expect anyone else to be persuaded?"

[mad foetus] 23/5/2019 19:48

Podgy,Are you me in disguise?

[wanobi] 23/5/2019 18:32

AAZ set to bounce tomorrow :-) cheers Wan


free stock charts from uk.advfn.com

[wanobi] 23/5/2019 18:11

scary stuff Bumpa, I was hoping for a bit more time before the whole thing rolls over but I do concur, it does feel like we're flying too close to the sun right now... cheers Wan :-)

[wanobi] 23/5/2019 18:05

well done cmb, great work, indeed I must look to pastures new,,,, other than AIM, its just finding the time and all that :-) LOL :-)

I think the world is a very messy place right now and couple that with the 'sell in May' theory and we have a widespread down day :-)

ORM I'm going to sit it out :-)

as for sellers in AAZ I must agree, doesn't make any sense at all, but then we have done the research to say that,,,, perhaps they haven't :-)

Good evening to you all

Cheers
Wan

[callmebwana] 23/5/2019 17:33

Everything is down today. FTSE,DOW,the lot. Thanks to Donald Trump.
Bumpa, yes the Gold looks good for sure. Mattjo has drown some lovely chats on the main thread. The trade war is no good for the whole world,I just wonder who is going to blink first? China or the USA?
Here TUI is trying to follow in the footsteps of Thomas Cook !! The Brexit has not done much to help either.The Iron Lady would have sorted the European lot out. Though I was not very found of her ways as well.Strange times !! Gold is always a safe bet in these situations but people are still selling AAZ !! Just a few weeks from collecting a divi,It does not make sense to me !! Strange times indeed.

[mattjos] 23/5/2019 16:40

don't underestimate the leverage effect that strong POG has on the AAZ business model!

I think the PM:XAUGBP chart shows it better with what to me looks like a clear 6-year C&H pattern just now looking to break after the handle has completed. All the ingredients go-politically now seem present for gold, price in GB£, to have a strong rise imminently: