Anglo Asian Mining Share Discussion Threads

[brasso3] 18/6/2019 08:17

Wan

I expect the 2019 exploration programme will give the 8 - 10 year mine life that the market needs to reflect true value. When that happens you won't be able to buy these sub 150p.

[wanobi] 18/6/2019 08:15

AAZ surely the II's will get involved in this now chaps ? :-) Cheers Wan

[wanobi] 18/6/2019 08:14

AAZ Bingo, Jackpot :-) - confidence in predicting that the LOM will be extended well beyond 2025 :-) LOL that's the missing piece of the jigsaw :-) LOL GLA cheers Wan

[mr roper] 18/6/2019 08:13

Agm will be fun

[mad foetus] 18/6/2019 08:11

Read it all and everything is going according to plan. On first read there was nothing massively new there, but a great summary of where we are and the killer life of mine extension and 'a significant number of exploration targets...many of which are considered very high potential and exciting". I bet they thought carefully about that word "very".

[callmebwana] 18/6/2019 08:10

Wan,one thing though.
The 2018 Drilling results are not included in the PFS yet !! Why??
They hit very good grades in 2018 !! The have a MUE with Jinchuan in China.
RY has been going there regularly.
Read some posts on AMC thread by a Chines Broker called Leechang.He is from Shanghai. The right BB Thread though.The others are infested with Trolls.
I leave the rest to you.
If you have any questions, feel free to put them to me.
ATB.

[mr roper] 18/6/2019 08:08

Get the kettle on!

[brasso3] 18/6/2019 08:08

"Consideration of the current life-of-mine (“LOM”) of the Anglo Asian deposits, together with the exploration potential of the Contract Areas and the Company’s demonstrated ability to fast-track projects into production, provides confidence in predicting that the LOM will be extended well beyond 2025."

[laurence llewelyn binliner] 18/6/2019 08:06

#JB2, and pre AGM you were right.. now let's see your 120p.. :o)

[mad foetus] 18/6/2019 08:05

Life of mine will be extended well beyond 2025

[mr roper] 18/6/2019 08:05

Crikey it's a big,detailed read !

[wanobi] 18/6/2019 08:02

AAZ - will have read this lot first though cmb :-) cheers Wan

18 June 2019
Anglo Asian Mining plc ("Anglo Asian" or the "Company")
Updated Exploration Report for Q1 2019 and FY 2018 and Detailed JORC (2012) reports
Anglo Asian Mining plc, the AIM-listed gold, copper and silver producer focused in Azerbaijan, is pleased to provide a geology report for Q1 2019 and FY 2018. The report summarises the Company's geological progress during the period as well as its strategy for 2019 and provides references to those reports required by the JORC Code (2012) which have also been made available on the Company's website.
The detailed report on Q1 2019 and FY 2018 exploration can be found using the following link:
The following detailed JORC Reports referred to in the Q1 2019 and FY 2018 exploration report can also be accessed through the links below and on the Company's website as follows.
1. Ugur Open Pit Mineral Resources report:
2. Ugur Open Pit Ore Reserves report:
3. Gedabek Open Pit Mineral Resources report:
4. Gedabek Open Pit Ore Reserves report:
5. Gedabek and Gosha FY18 Exploration report:

6. Ordubad FY18 Exploration report:
7. Gadir Underground Mineral Resources report:
8. Gadir Underground Ore Reserves report:
9. Airborne ZTEM/Magnetic Survey Highlights report:
10. Competent Persons Report ("CPR") as included as Part IV in the 2005 Initial Public Offering ("IPO") Placing and Admission document of Anglo Asian Mining to the AIM Market: www.angloasianmining.com/investors/shareholder_info/constitutional_documents
The geological report also references the JORC (The Joint Ore Reserves Committee of The Australasian Institute of Mining and Metallurgy, Australian Institute of Geoscientists and Minerals Council of Australia) 2012 Code (JORC 2012 Code). This is available online at

[mad foetus] 18/6/2019 08:01

WTF!! 8am info dump, better be good.

[2sporrans] 18/6/2019 08:00

Can think of reasons why Fed reluctant to cut pre-emtively Brasso.

But say they don't cut now/July nor signal likely Sept.
What will be reaction in markets, esp. equities?

Sell off in equities/risk-assets will fuel the POG rally I think; as it clearly did last autumn into DEc.

[wanobi] 18/6/2019 07:55

AMC, thanx cmb, I have located the PFS pdf & ppt and will read these today :-)





Cheers
Wan :-)

[wanobi] 18/6/2019 07:52

Good morning all, wishing you all a great day :-) Wan

[brasso3] 18/6/2019 07:24

Have a feeling the FED will hold on interest rates and temporary halt the march on gold. Cannot see gold below $1350 though in 3 months time.

[podgyted] 18/6/2019 07:02

Gold going for another run.

[bozzy_s] 18/6/2019 03:02

Congrats Cinoib, exciting times.

Gold price back up to recent highs in GBP, at 1072/oz

[callmebwana] 18/6/2019 00:12

OK Wan. I don't pay attention to Tom Winneford,s word, all the same ! They took profits at 90 P in AAZ !! Goes to show how good he is !! He was invested in AMC if I remember rightly. Sour Grapes more like in my mind at the moment.

AMC had to survive, agreed the Wonga Financing. They had no choice at all but to get finance from whoever they could. That has kept AMC going.

Wan, do you believe in the Nickel Story?? Tesla are worried about their supply. Musk said he may buy a Nickel Mine. LOL :0)
We have Nickel Sulfide, the EV Batteries need Nickel Sulfide not Laterite. Too many impurities in Laterite. It would cost a lot more to remove these impurities to be used in Battery Manufacture. So Nickel Sulfide mix with Sulphuric acid you have Nickel Sulfate that is what they use in EV Battery manufacture. You have to read the PFS first. It is one of the RNS from AMC. Do you know that there are 70 Giga Battery factories being built around the world for EV,s?
Don't jump in without doing your full DYOR etc. What if there is a straight T/O or a merger?? The shares would be suspended then !! No one can buy in then !!
I gave my Broker to transfer 560.365 shares into my ISA today.
IMHO for what it is worth. AMC will come good in its own time. It is not a share for Jam tomorrow people.
Yes, just a small punt would be good from you. Only if you are sure. Not because I say so. At the end it is your money and not mine. Last words from Proactive, the last Nickel Sulfide Resource to be discovered in this world!! Not my word but theirs.
Do what you feel is right in your mind.£1K/2K is good enough for a punt to start with.IMO.
Though this is my second largest holding in my portfolio. Because I believe in this story.
Everyone have their own favorite play, this one is mine. ATB.

Edit.
The Battery Manufacturers are very worried about future Nickel Supply.
Look at the Nickel Chart on KITCO. Nickel has been bought, as insurance by the Battery Manufacturer
Check Seeking Alpha as well, regarding Nickel.

[s0lis] 17/6/2019 23:52

brasso3

But we must be pi55ing the EU off as we are gaining against the euro...............

[brasso3] 17/6/2019 21:32

The government will not want a strong pound why they are trying to sort our Brexit.