Anglo Asian Mining Share Discussion Threads

[brasso3] 28/5/2019 21:27

$1258 the bottom for gold?

[king suarez] 28/5/2019 16:39

No probs, Wan. RBD are really an investment company (not operators) that buy into mostly already discovered, but not yet appraised, oil & gas targets when they feel they are particularly undervalued and fund a share of the operators appraisal costs - so a little different to other 'producers'.

hxxps://reabold.com/wp-content/uploads/2017/10/Reabold-Presentation-April.pdf

I like the model, as it is relatively low cost/lower risk. There isn't large debt to service, no large administrative overheads/fixed costs to cover and they appear to have plenty of projects on the go, which are look v successful to date.

[mr roper] 28/5/2019 16:34

Picked up some jse today. Looks like a cash register in the making.

[wanobi] 28/5/2019 16:23

many thanx KS I will research this evening for sure, cheers Wan

TSG also looking good :-)

Cheers
Wan

[king suarez] 28/5/2019 16:11

Wan - another oil co you may be interested in RBD (Reabold Resources) - looks to be in a strong uptrend at the moment.

They are debt free (with cash and cash flow) and growing production with low cost drilling in California - a bit like the TXP model, but without the huge exploration upside - a more measured approach - they buy into near term appraisal drills and take a stake for a share of the costs and then when into production reinvest the cash flows in further opportunities.

[mr roper] 28/5/2019 16:08

Stcm...long and strong!

[king suarez] 28/5/2019 16:07

Yep, STCM been a great buy from around 24-25p :)

[sportbilly1976] 28/5/2019 15:48

93.75p now being offered for stock

boding well for a mark up coming soon :)

(all quiet on here today)

[wanobi] 28/5/2019 14:58

STCM doing well today :-) Cheers Wan

[wanobi] 28/5/2019 14:54

no, I'd have to travel in :-) Cheers Wan

[king suarez] 28/5/2019 14:28

You based in London, Wan?

[wanobi] 28/5/2019 14:04

AAZ AGM, anyone going?

The Company's AGM will be held at 10:30am on 20 June 2019 at The Washington Mayfair Hotel, 5 Curzon Street, Mayfair, London W1J 5HE.

unfortunately it's in work time for me so I won't be there,,,, grrr

Cheers
Wan

[cflather2000] 28/5/2019 13:13

Hi Sportbilly.I agree that BiDS looks exciting. There is just so much hype over it now that I'm not sure I want to jump in yet

[sportbilly1976] 28/5/2019 10:59

BIDS - that is some performance YTD!

Just 27% held by funds/directors - leaves a lot in pi hands.

rose to 25/26 this am on just around 250k volume but has stuck there since on around 5 million - suggest either buy being filled or seller clearing?

An interesting one to value given the growth potential

[edjge2] 28/5/2019 09:19

sportbilly1976 yes nice new trend surprised it dropped so much but the saw teeth are getting more extreme. May be 100p will hold when gold and metals make their comeback. jaspoland CEY looks cheap IMO might double money given time.

[callmebwana] 28/5/2019 08:45

Wan, I topped up a little with 55205 shares @ 2.6999 P.
RY was in London last week attending the 121 Mining Investment Conference. I have this information from a good source, also ARY82 on the AMC BB posted he saw him in his hotel.
No mention on the AMC web site that he would be attending this venue !!
NAI and please do as you feel.
ATB.

[inaminute] 28/5/2019 08:20

From memory though the market caught on quite quickly before the RNS dropped (probably because of the activity of those of us topping up who'd picked up the decision from the bulletin board). We have to put up with some odd people on these boards but that's offset by the information unearthed by some of the sleuths. Who knows? If it's true then an RNS may be on its way.

[wanobi] 28/5/2019 08:15

thanx cmb, greatly appreciate the advice, cheers Wan :-)

[jbe81] 28/5/2019 08:04

Bids the new vrs

[callmebwana] 28/5/2019 08:02

Good morning all.
Wan,if you are going to put a small sum in then do it. There is still no RNS from AMC.
I think I told you that before we got the RNS for the License in 2015, Frak from III found out that the License had been granted.Giving me time time to top up. The RNS came a couple of days later.
ATB.

[oakey1] 28/5/2019 07:57

Morning....I'll stick with the £18 valuation so I can retire next week :)

[wanobi] 28/5/2019 07:47

Good morning Bumpa, good morning all, oh, if only we could see the future LOL :-) GLA cheers Wan

[bumpa33] 28/5/2019 07:44

ARS placing at 4.25p??

OXB looks interesting

[jaspoland] 27/5/2019 17:02

Taking CEY as a mid-tier operator who produce approx 500k per year their valuation is approx 1 billion.

We've got a way to go. Let's get over a £1 and look to push on towards £1.50p. talk of anything over £5 is a way off yet

[mr roper] 27/5/2019 17:00

Mf, optimism is the food of life. I’ve got my telescope out and looking at 1800p