Anglo Asian Mining Share Discussion Threads

[thejonah] 19/6/2019 09:24

5000p in 5 years still my optimistic target. Will be looking out the Elton John track later - Rocket Man!

[laurence llewelyn binliner] 19/6/2019 09:24

1st Auction 25,000 at 122p matched..

I'm not a fan of spikes and gaps, much rather see a steady 1p a day gain, we are but passengers tho' and I will take it all the same.. :o)

[bleepy] 19/6/2019 09:24

Guessing the AGM will put more meat on the bones, hope Stephen Westhead is attending as he will surely be on everyone’s agenda.

Looking forward to hearing all news out of AGM and thank in advance those attending.

[jbravo2] 19/6/2019 09:18

Welcome davocon.
Nice to see a new name to the thread.
Suspect a few new people are reading us for the first time today

[sportbilly1976] 19/6/2019 09:17

I guess the question is how to currently assign a value to the rns this morning?

SPangle may well just put a "under review" comment until such time as grades and quantities etc are firmed up by the company

It's certainly looking as the best AIM opportunity at the moment re value add and dividend income....a takeover approach for many on here might be their only (logical) sell point!

[bleepy] 19/6/2019 09:14

A world class team looking after world class resources who value their shareholders, doesn’t get any better.

If/when pog goes on a run as seems likely then £5 target is achievable from that alone.

Add to that £5 target the unfolding story at AAZ, anybody....£6/7/8/9/10, pie in the sky now becomes a reality.

[davocon] 19/6/2019 09:13

Companies just do not come any better than this. I will be holding onto my shares with a very firm grip for the foreseeable future, and enjoying the increasing divi's along the way.Well done AAZ management, you are playing a blinder, and thank you to the contributors to this excellent thread for highlighting what a great company this would become, and indeed is becoming.

[mad foetus] 19/6/2019 09:07

There was also a mention of cobalt yesterday. No shortage of potential sources of "unexpected" upside. And volume is great: around £350k of reported trades by 9am. If you are someone who buys in £100k tranches that is not off putting.

[bumpa33] 19/6/2019 09:06

wanobi18 Jun '19 - 19:43 - 7035 of 7056

only just saw this Wan - could be, Cmb sees opportunity, where i see mainly peril. Differences of opinion make a market but i hope he's correct and i'm wrong

[ilostthelot] 19/6/2019 09:04

There has been some big sells last few days of stcm shares. Maybe the big seller is finished? Or is that wishful thinking?!
Great rns here at Aaz. Easy money chaps.

[stevea171] 19/6/2019 09:03

The AAZ share price is not dependent on the gold price.

It can be seen that with AISC last year of $541 and likely to be similar this year, there is a huge margin of $800 per oz of production at the current gold price.
If gold goes down by $100 the margin is still $700. If gold breaks out of the $1350-1360 range as expected then the margin rises to $850. $900, $1000 etc per oz.
So huge profitability here is guaranteed.

But with all the exploration prospectivity highlighted today in the Gedabek contract area,
plus Ordubad contract area which is likely to become an independent mining centre in the future,
plus Gosha contract area that was not part of the aerial survey but is largely unexplored,
there is a wealth of upside from production increases and new mines opening up over the coming years.

[qui quaerit reperit] 19/6/2019 09:03

Good morning Bwana, I found you lol, I knew I will find you here:)) I am happy that you only left amc BB not advfn as a whole!:)

[callmebwana] 19/6/2019 08:58

Good morning all.
Wan ,AAZ has a rocket motor :0)

ORM, put away for another year !! We will just have to see where the APT price ends up
next year. That is Mining for you !! A slow burner there.

[bleepy] 19/6/2019 08:58

Satellite survey of all three contract areas...

We are witness to how exciting the Aerial ZTEM and Aeromagnetic Survey Update of the Gedabek contract areas is turning out.

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.


We now are beginning to discover how prospective the Gedabek contract area is(plus its flanks and overlapping areas outside of its boundaries).

We already know Ordubad is highly prospective from soviet data, what will a planned satellite survey reveal and to a high resolution.

Gosha has recently revealed a new discovery by conventional prospecting, with precision satellite imagery of this 300sqkm contract area also planned the overall potential for all three contract areas is mind boggling compared to where AAZ first started.

Then again the already documented Russian data is mind boggling and is about to be added to with new discoveries not included in that data.

[goodgrief] 19/6/2019 08:44

Fantastic ... bonanza grade samples! Wonder if they'll prove up a Marianna Resources style discovery (at one end of the Tethyan belt in Turkey).Driving back from Sweden for this AGM. Let's see if it's true they won't want a letter of representation to gain entry!?

[ilostthelot] 19/6/2019 08:41

Bleepy there are lots of nice statements in that RNS.
The manangement are banging that big drum now. Easy money.

[ilostthelot] 19/6/2019 08:39

Nice RNS. I would like to see them double the current resources. All that Russian data points to so much more than double. They're definitely getting there on that front.
AAZ will truly become a mid tier gold/copper miner. As good as their word.
With all the directors having skin in the game it gives one alot of confidence.

[gutterhead] 19/6/2019 08:38

see you there JB 👍🏼
don't let Terropol anywhere near the light switch 😂

[mad foetus] 19/6/2019 08:36

SP angel could raise their target as high as 129 today!

[bleepy] 19/6/2019 08:34

£1.50 today for starters...

"A mining concession with the location and scale of Gedabek is a rare and exciting opportunity. Whilst already hosting three mines, it is evident from these results and other complementary exploration work that the full potential of Gedabek has yet to be realised. We are now working hard on our ultimate objective of making a significant new discovery to create further value for all shareholders"

[jaspoland] 19/6/2019 08:34

This is just a side show. Ordubad is where the big money is. Patience will be very well rewarded

[wanobi] 19/6/2019 08:34

II ? cheers Wan, morning sleepyhead :-)

[bumpa33] 19/6/2019 08:33

nice news AAZ, should get myself out of bed earlier...!

STCM Cantors making a 2 way bid/offer in 100k.