Anglo Asian Mining Share Discussion Threads

[edjge2] 10/6/2019 09:43

Sorry that was well OTT, wrong ticker, wrong board.
I think AAZ due a rest and a bit of consolidation before next leg up so may be able to top up at 90p. Chart shows steps and no doubt gold through $1400 will help AAZ up.

[celeritas] 10/6/2019 09:09

Country risk, I think there's more a risk in this country if Labour under it's current guise ever get in

[2sporrans] 10/6/2019 08:25

Fardels Bear - Great Pseudonym

"...And makes us rather bear those ills we have
Than fly to others that we know not of?"

BP screwed for over $65-bn over Macondo and still paying out ~$1-bn pa.
Yet remains hugely committed to US - deepwater, shale and downstream.
Caspian Gas/pipelines is massive play and several years of development/expansion ahead.

Maybe the BP-Azerzi mutual interest offers a kind of insurance for AAZ?
+ the Azerzi policy of wanting to attract foreign investment to diversify economy away from so heavily oil/gas + Looking to EU for trade [China too].

With Russia/Iran/Turkey as neighbours, guess Azerbijan may become under pressure from influence direct/indirect. Not forgetting Armenia and Azerbaijan will want to retrieve lost territories some day.
But as others have posted, situation remains stable and risks less than a great many other countries - EM for sure; maybe even DM.

[wanobi] 10/6/2019 08:23

thanx Bumpa, plan is to see how the chart plays out, its smashed through the 50 & 200DMA's, will it now go on to test that support/resistance line around 6p or simply fall away :-) Cheers Wan


free stock charts from uk.advfn.com

[bumpa33] 10/6/2019 08:14

ok wan, good luck - remember if you're going to trade though, have a plan.

[wanobi] 10/6/2019 08:09

well done Bumpa, I'm still holding for now :-) Cheers Wan

[bumpa33] 10/6/2019 08:07

out EVRH, took the 10%.

[bumpa33] 10/6/2019 07:47

morning Wan, amen to that :)

[wanobi] 10/6/2019 07:38

Good morning all and good luck this week to all :-) Cheers Wan

AVCT - RNS today, cheers Wan :-)

Avacta Group plc (AIM: AVCT), the developer of Affimer(R) biotherapeutics and research reagents, announces that it has selected the clinical development candidate for first-time-in-human clinical trials of the Affimer platform. This important milestone means that the Group remains on track to submit an IND/CTA application for an Affimer PD-L1 inhibitor by the end of 2020.

Fingers crossed for us all that AVCT's approach succeeds and we can start to defeat cancer using this method.

Cheers
Wan :-)

[catsick] 10/6/2019 06:05

On the subject of risk, it is never where you think it is, BP active in both Azerbaijan and the US for many years but it was the US where they faced a massive legal shake down that was highly politicized and nearly killed the company. Risk is underpriced in the US and over exaggerated in many emerging countries, my best two performing stocks this year are Russian and I am putting more and more cash to work there ....

[s0lis] 09/6/2019 23:52

We can dream that the awaited exploration results would produce results as rich as 4,772.2 g/t over 2.0 m or 2,458.6 g/t over 1.8 m hxxps://www.globenewswire.com/news-release/2019/05/02/1814909/0/en/Kirkland-Lake-Gold-Reports-New-High-Grade-Intersections-at-Macassa-Results-Highlight-Potential-for-Mineral-Resource-Growth-and-New-Discoveries.html, but that could make us a political greed target so perhaps slow and steady is better.

[terropol] 09/6/2019 23:33

Guys do remember that one of Our main share holders and director is a well respected US ex governor. The AZ government would not choose to start an argument with America...And the AZ government is building a great country. I consider the political risk minimal.
Looking forward to meeting some of you new to this thread at the AGM.

[mattjos] 09/6/2019 23:04

Yasx .. as ever, your post well penned and the voice of reason. Thank you

[yasx] 09/6/2019 22:23

Chaps,

Re country risk: FB has a point, of course it is real.I have previously alluded to the same. Even the company broker once suggested that the geographical risk would prevent many institutions from participating. But, what FB needs to do is put this into context - the same risk has been present for the last 15 years, and it has not hitherto proven an impediment So, if, as he points out, he has been sufficiently patient to hold his nerve through all the gyrations thus far, there is no real reason to now consider this a more disproportionate risk than before. If anything, the risk has reduced since over the years the Board have shown they are capable of dealing with the State by way of an amicable binding arrangement.


One can never rule out the rug being pulled from under one's feet, but, that applies to ALL miners operating in various parts of the world. The way to mitigate against such risk is to have a balanced, diversified portfolio, not to hold the stock for years then wake up one day and suggest it is too risky for you.

[goodgrief] 09/6/2019 13:56

If he can't hold a civil discourse, just ban him.

[wanobi] 09/6/2019 12:40

ORM - great link, thanx to rileyma on the ORM thread;



like these bits

More recently, tungsten-based materials have received attention as promising anode materials for lithium-ion batteries, with new research finding that niobium tungsten oxides could be used to make the batteries much faster charging.

still a lot uncertainty around though :-)

There is a mixed outlook for tungsten in the next decade, with uncertainty around how rapidly the EV market could disrupt the automotive sector and how quickly tungsten-containing lightbulbs will be phased out in favour of more environmentally-friendly LED lamps,” Roskill stated.

“However, with several major mines set to reach their end of life during the outlook period [from now to 2028] new mine supply will be required to ensure stable supply of primary material,” the firm added.

Cheers
Wan :-)

[mattjos] 09/6/2019 11:59

Fardels ... enough of that thank you. Any more and you'll have post elsewhere

[pogue] 09/6/2019 11:12

My impressions of Azerbaijan is that it is a corrupt country run by a former Soviet strongman, bit like Russia who are only 8 places higher than them in the world corruption table, he clearly likes to fix elections and is very good at it so much so nobody will stand against him and the West will not send election observers as there is not point its so bad. The country has massive mineral resources and money to burn due to this and the President loves spending it on vanity projects and encouraging the West to stage sport and culture events there, bit like the oligarchs buying English football clubs, clearly he is not confident of the Russians keeping from trying to comeback if they get a chance so he is clearly encouraging the West to get involved in his country and seems to keep to his bargains to encourage more investment, obviously there will be brown envelopes passed about but that is actually the norm in more countries than not that have minerals the West wants. I see it no more dangerous than many other dictator led countries, as long as you play the game it works for everyone. I am happy to invest here as the country is stable and looks to remain so war and regime change is normally the problem with these countries.
I have worked on the design of rigs for Azerbaijan for a few years in the past so have worked with a few locals who came to the UK and have feedback from Westerners I know who who went there its no worse than any other similar country but its stable and has a ruler who wants the West to protect him that's the important bit. Personally I see the risk of holding some UK companies that are going to be nationalized under Corbyn as far higher risk than a Western courting dictator.

[bumpa33] 09/6/2019 10:41

a small aside, i note that - so far - the vocal bears of EVRH have gone silent.

[polaris] 09/6/2019 10:37

Hmmm, how about it is on the F1 calendar and it just hosted a Europa Cup final? It will also host 4 games (i think) in the next Euros. It has money and it is deemed safe enough that major international sports events are staged there. I'd far rather invest in this environment than anywhere in Africa, including SA. Azerbaijan gets my thumbs up, at least for now.

[bumpa33] 09/6/2019 10:35

Tundertre9 Jun '19 - 09:40 - 7386 of 7387

interesting post over on WPCT thread