Anglo Asian Mining Share Discussion Threads

[wanobi] 14/4/2020 16:46

AAZ - long auction going on cmb :-) LOL, not surprising I guess :-)

AVCT - feet on the ground cmb, one step at a time :-) :-),,, some more tie ups to come for us to do that :-) we shall see,,, not getting too excited yet,,, just keeping a calm head about it as it's still a punt right now....... :-)

Cheers
Wan :-)

[callmebwana] 14/4/2020 16:35

Wan,AAZ no shares around so the MMs don't want anyone buying!! We will get an RNS soon. I am waiting for JORC figures and AAZ should start pushing towards £2 a share.
AVCT making a comeback just before market close. It is only Tuesday,we have the rest of the days to look forward to. My target is £1.50 when I will top slice. Depending on the news the Co gives us. How long that may be.
ATB.

[bumpa33] 14/4/2020 16:26

pogue - if you mean EVG, i took the trade at 9. Met my daily targets so am out, for now. I’m watching the Es_F/SPX through the evening.

[wanobi] 14/4/2020 16:24

AAZ - 10p spread,,, what are those guys smokin today LOL GLA Cheers Wan :-)

[pogue] 14/4/2020 16:10

Might join you on the wheel of fortune for a small punt. Will wait till tomorrow there should be a pull back with a bit of luck after such a jump.

[bumpa33] 14/4/2020 16:08

One 👁 on the macro at all times.

[bumpa33] 14/4/2020 16:07

Pogue - your last sentence probably hit it. This is becoming a little bit like a mini dot com boom.

Edit: sulforaphane & COPD - read through to covid19 - I believe is the interest there though

[wanobi] 14/4/2020 16:04

nice work guys :-) Cheers Wan :-)

[pogue] 14/4/2020 16:03

Bumpa
did you buy EVG due to the article on viral induced lung disease? I don't know much biology, there is a song there, did you understand it had possible CV19 curing effects from that? Or just take a punt? My other small pharma, ORPH, had a lurch up today as well it has connections to CV19 on the trials side but there was no new news. Wondering if its becoming a trend and everyone is jumping on the small pharma bandwagon in the hope of a lucky strike on anything CV19 connected however remotely?

[bumpa33] 14/4/2020 16:03

Cashed out at 9, gone short Es_f 2830, stop 2850 though may widen it... that’s me done for the day. Hasta luego.

[riggerbeautz] 14/4/2020 15:58

Silver finally showing strength and IPT up another 8% so far.

[polaris] 14/4/2020 15:31

Just done a quick and dirty analysis of the Covid-19 UK situation, based on the ONS figures released today. There are up to 7 k more total deaths up to the week ending 3rd April than the long-term norm, with 6.2 k of death certificates mentioning Covid-19. Within statistical and long-term error projections these are still within equivalence (just). I don't over-analyse the registration dates, unlike the BBC, as all historical figures use the same approach and so expanding the numbers to include those unregistered is a mistake if one wants to analyse the long-term trend.

Based on growth of number of cases and the existing deaths, the approximate number of deaths in UK attributable to, or partially attributable to, Covid-19 will be of the order of 50 k, taking a 2-3 month projection from now, cf. the long-term average deaths. This will be far higher than the number reported by the .gov site. That may be enough to push 2020 as the first year in a long time that sees an overall reduction in population, from a birth v death standpoint, so not accounting for net immigration.

From active case peaks in other EU countries and using the cases of China and S. Korea as guides, the projection for the end-point of this outbreak is around 2 months from peak cases. We have yet to reach that in the UK, but it's close. That suggests a full re-opening of the country by mid-June. There will be other information to gather from the likes of Austria and Germany, who are reopening parts of their economies, on how that affects the fall-off in spread and active cases, if at all. The mass exodus from Wuhan on reopening of the region to the rest of China will also be one to watch over the next 10-14 days, to see whether there is a new growth phase in cases there - that would imply a second wave and/or an effect from lifting restrictions. That'll be important to us in Europe in 1-2 months time.

Again, you might ask why bother posting this here? The impact on the global economy and the knock-on effect on pog and AAZ is linked to how deep this economic crisis becomes. The quick analysis above suggests writing off Q2 in most of the Western world and that further stimulus will be necessary. That implies further strengthening of gold cf. dollar, which in turn is great news for AAZ, assuming that the mine stays open.

I've kept an eye on growth of active Covid-19 cases in Azerbaijan but it is way lower than my assumptions of a couple of weeks back. I am hopeful that this will mean no impact on operations for AAZ.

AAZ is likely to report Q1 production update either tomorrow, Thursday or Monday looking at previous announcements. Any further update re business impact would be useful.

[bumpa33] 14/4/2020 15:30

No prob Wan, didn’t even know I’d got them, left an order but didn’t think it filled - trading at the moment is an f’ing nightmare with the brokers/mm’s working from home.

[klosters65] 14/4/2020 15:25

Gold on the rampage again. Silver up 4%.

[lefrene] 14/4/2020 15:20

Brasso3, one thing for sure, your dollar isn't buying as much gold today as it did 3 months ago! Not that it seems to have made that much difference to AAZ shares just yet.

[wanobi] 14/4/2020 15:16

many thanx for heads up on EVG Bumpa,,, be great if it fills that GAP up :-) GLA holders, cheers Wan :-)


free stock charts from uk.advfn.com

[brasso3] 14/4/2020 15:11

Baddeal

It wont be long before a BigMac cost $10 IMO!

[baddeal] 14/4/2020 15:08

JaspolandFeel free to redirect any paper money you have in my direction then. Last time I checked it wasn't quite worthless!:)

[bumpa33] 14/4/2020 15:06

Took some EVG earlier in the 6’s - possible another cv-19 mover.

[riggerbeautz] 14/4/2020 15:04

CMB I’ve got Bumpa whispering such as the above in my ear. It was only ever a punt for me based on all the posters enthusiasm here and odd comments. Same as YGEN, my thanks to Jbe.

ROXG broken a $$1 again!! GCM getting close to $6 now and ELY strong, oh happy days.

[jbravo2] 14/4/2020 15:04

Gonna have to play me some Spandau Ballet tonight at this rate
:0

[saint in exile] 14/4/2020 15:01

I always meant to buy 100k Avct on the basis of their cancer treatments but the covid link put pay to that when it spiked.

[bumpa33] 14/4/2020 14:54

Getting very close to SPX/VIX targets now 2850/36...

taken a few more off. Now ain’t the time to be falling in love imo. I hope I’m wrong fellas.

[callmebwana] 14/4/2020 14:40

Wan, we have to remember that AVCT is not a one trick pony. There are many other things happening behind the scenes too.
Just sitting on your hands will pay handsomely.