Anglo Asian Mining Share Discussion Threads

[oakey1] 19/6/2019 08:31

I’m stood in my workshop covered in sawdust smiling like a Yorkshire cat :)

[mad foetus] 19/6/2019 08:29

Half a p spread. Fantastic to see

[wimbled] 19/6/2019 08:25

Well done AAZ

Worth the wait. Held since 2011. Always believed this would be a mid tier miner based on the Soviet data.

Value transforming information today.

No reason to sell below £2

[wanobi] 19/6/2019 08:24

TSG pull back on this am,,, can't help thinking some are taking their money out of it and putting it into AAZ.... oh well, every cloud and all that... cheers Wan

[mad foetus] 19/6/2019 08:23

Just to be clear, I'm not planning to sell any. The amount of work going on we could have an RNS every week or two for the foreseeable future and as soon as we get real institutional interest the price will imo be multiples of the current level. I think the journey from £1 to £2 may be very quick

[edjge2] 19/6/2019 08:20

Yep rocket still firing. I guess gold price to jump up on FOMC. Agree price headed for 200p. Transferred some of my losers here this am. Got £9999 on second attempt this morning.
OTT POG shares might perform like this with gold jump

[jbravo2] 19/6/2019 08:19

Spot on fozzie.
Make a list of why this won't be higher in a year.
Make a list of where you'd move your money to.

Result?
Best left here.
Has been the case all the way up.
After today's news it is more the case than EVER before

[bleepy] 19/6/2019 08:17

Satellite surveying

The Company plans to obtain satellite images of its three contract areas using the WorldView-3 satellite sensor. This satellite sensor is the first to have seventeen high resolution bands that capture information in the visible, near-infrared and short-wave infrared regions of the electromagnetic spectrum. It provides the highest spatial and spectral resolution satellite imagery commercially available.


The satellite images typically include a number of geological colour composites and alteration mapping for alteration minerals i.e. ferrous iron, other iron minerals, and those associated with argillic, phyllic and propylitic alteration (which is a useful tool for mapping porphyry potential). The images will also provide a highly accurate base map for all exploration work that can be utilised for sampling, geological mapping and any survey work, and to position drill rigs with satellite precision, providing a 30 centimetre resolution.


Another wow, wow, wow, and it facilitates a 30cm resolution to position drill rigs, absolute precision targeting.

As jb has already said, its world class from every angle.

A super duper well done AAZ, 😀😀😀👍8077;👍Ԁ79;👏👏;

[fozzie] 19/6/2019 08:16

Run your winners. This has more than tripled for me in a few months but the potential is still huge and the divi the icing on the cake. With mine life sorted this will be in my folio for the next 5 years for sure. Well done all holders.

[mr roper] 19/6/2019 08:12

I'm in no rush to slice. I'm waiting for m1. That's the one I'm interested in.

[mad foetus] 19/6/2019 08:10

I had told myself I would start to top slice at 120, but it feels like we are just at the beginning of a period of sustainable share price growth. The share price, market cap, spread, liquidity, profitability and newsflow are all coming together and it feels like we have reached a tipping point. I'm not sure I can see a 5p spread and tiny volumes coming back.

[mr roper] 19/6/2019 08:06

Sorry, I meant two minutes past 8! We're off to the races now!

[bleepy] 19/6/2019 08:05

Wow, wow, wow guess the vultures will be circling, should see new highs today.

Ha,ha that £5 share price target is realistically in many investors sights now, happy days all.

[jbravo2] 19/6/2019 08:04

£2 within a year

[tradeforce] 19/6/2019 08:04

I was desperate to try to get to the AGM but I am currently refurbishing a villa in Benalmadena, Spain and could not justify the time away from site. However that was before the last 2 RNS's, just wish I had bit the bullet and booked the tickets.

I guess the will not be a live stream to log into, so I will look forward with eager anticipation the reports fed back by you guys(and gals) who are able to attend.

I cannot thank the contributors to this board enough, especially Matt for the information, honesty and ideas that have lead to me having(for me) a substantial holding in this magnificent company. I cannot believe the opportunity that has arisen here and I am truly grateful.

There is no way I will not be attending next year, and if progress continues as it has this, then I will be staying over in Mayfair for my visit!

(Also I will come back to my derided tax ideas another day when it will be a bit quieter)

[mr roper] 19/6/2019 08:01

Test it? It'll be through it by ten past 8 lol

[laurence llewelyn binliner] 19/6/2019 08:00

Mind the Gap... :o)

#JB2 there is your 120p pre AGM, well called..!

[danbatsb1] 19/6/2019 08:00

Is this really an AIM listed company? They dont act like one!

So much detail over the last couple of days, the aerial ZTEM was money well spent.

[brasso3] 19/6/2019 07:57

Should test the 120p all time high today.

[wanobi] 19/6/2019 07:57

AAZ - just hope the share price gets right up there before they get approached by one of the big global mining orgs,,, cheers Wan

[stevea171] 19/6/2019 07:57

Some AAZ investors who recently sold out at £1 and around that level may consider re-buying after they read today's RNS.

[2sporrans] 19/6/2019 07:55

It is noteworthy that drilling rigs have been mobilised already and drilling in [some of] the 7 shallow [~300m deep or nearer surface] prospects is about to get underway.
Presumably the initial fieldwork/mapping will be completed per target to be drilled, though the ground based exploration - trenching etc - that will follow on will be ongoing when the drilling commences.

"The Company has recently mobilised core drill rigs to the Gedabek site and plans shortly to commence drilling work to further investigate some of the targets. Although the various follow-up ground-based geological activities will not have been completed, the results of the drilling will allow the Company to correlate geophysical responses of conductivity-resistivity and magnetic signatures with the rock and mineralisation column from the resultant drill core. "


It only takes ~2 weeks per target to complete the initial fieldwork + mapping; then can move onto the ground exploration....plus in these cases some drilling of the targets in parallel:

"Following initial fieldwork, a local geological and structural map based on geomorphological features will be produced as an overlay to the ZTEM anomalies. This map will be used as a base map for field sampling of both rock outcrop and rock float. This initial programme of geological work is scheduled to take about two weeks for each shallow target, with deeper and porphyry targets taking longer. The Company will utilise its ground-based magnetometer for refining the ZTEM anomalies, which will define rock contacts and geological structures within each anomaly. If the surface sample assay and analysis results are positive, trenching and possibly pitting will commence. This would then be followed by drilling to investigate at depth should the trenching results be encouraging."

So, it's all moving very rapidly.

[wanobi] 19/6/2019 07:54

AAZ - speechless :-) very happy :-).. looks like a baby with a plastic beach shovel could dig up gold there :-)

ORM - will be some cheap shares going today as things are all very slow there :-),,, that said, why would you buy them when you can buy more AAZ :-) LOL

GLA
Cheers
Wan