Anglo Asian Mining Share Discussion Threads

[mad foetus] 24/4/2020 16:06

AVCT great fun right now. I think DDDD will still have its covid day in the sun. And EML is breaking out As for AAZ, 2sp's charts show the story. For shareholders it's been a disappointing 9 months. So lots of ground to make up. News wise we've had lots of glimpses of potential but it's time for the full monty.

[2sporrans] 24/4/2020 16:04

Get that argument wrt the upswing KS

But then underscores why AAZ should have been all the less sold off in March.
Further, not as if AAZ share price was 'pumped' from Oct-Feb; quite the contrary.

[jbravo2] 24/4/2020 16:00

Nice post 2sp
I’m getting through my “bored frustration” with AVCT today

[king suarez] 24/4/2020 15:58

Great work with those charts, 2SP.

Possibly partly a reflection of the other miners being more highly geared to the POG (i.e higher AISC than AAZ)?

[mattjos] 24/4/2020 15:49

:-) .. true but, having found a gem like this, I'd rather stick with it than to try and find something else even 50% as good, particularly as it is now rewarding patience with a dividend.
I guess a time will come when it reaches something approaching fair value but, i don't see that until Spring 2021 at the very earliest possible date

[mad foetus] 24/4/2020 15:43

I'm not sure if I do want to sell them. But I'd like to be able to without feeling I'm selling at a fraction of their true worth. Shares are for selling as well as buying

[mattjos] 24/4/2020 15:39

that is only so you can sell some DP … I far prefer it stays undervalued for a long time yet, into a rising gold market

[wanobi] 24/4/2020 15:28

omg this is nuts,,,, I need more capital to invest :-) LOL,,, very well done guys,,, cheers Wan :-)


free stock charts from uk.advfn.com



free stock charts from uk.advfn.com

[mattjos] 24/4/2020 15:24

Pretty sure than next month's publication of FY19 results will light the blue touch paper + the dividend announcement should be a belter.

That is all backwards looking though … FY20 is already 30% in the bag at circa $1,600 avg. Yes, an average of $1,600 per troy ounce of gold!
& still some folk sell a few shares? Very odd but, assume they cannot do much in the way of maths

[donald pond] 24/4/2020 15:22

EML popped, that's one I have very high hopes for.

[riggerbeautz] 24/4/2020 15:10

Ely almost up to breaching highs not seen since 08.

[baddeal] 24/4/2020 15:08

GG I posted on same subject yesterday and totally agree. Company needs to get a grip of financial pr if it wants to get to a bigger audience. We all sit here as supporters so we're not the ones who will drive up the price. The story needs selling to the market, that's how things works and I suggest the bod get their act together on this as now is the time to get on the front foot with full year numbers coming, divi, reserves, etc etc I've made more money in the last month from one of my businesses which is totally closed down so that demonstrates that we are close to missing the window of opportunity to bring in new holders.

[wanobi] 24/4/2020 15:07

Cheers
Wan :-)

[riggerbeautz] 24/4/2020 15:05

Does he still look in regular Bumpa?

[mattjos] 24/4/2020 14:02

pretty difficult to get heard right now i imagine but, marketing is always about the drip, drip, drip effect & understanding that a fair chunk of promotion is wasted on the audience.
I believe AAZ has done a pretty good job over the last 3 years … collectively, all interested parties are now simply waiting to see/hear of the next steps & in that regard, if there is not a helluva lot more flesh on the bone by the time of the AGM then, I suspect shareholders will, in the nicest possible way, be pushing the BOD hard for some definitive answers.
Now is clearly the time to be taking that next step in the journey to mid-tier status. Setups don't get much better than this.
I have confidence in Reza, John & co. to get it right and therefore assume there are still I's to be dotted and T's to be crossed before they can share with us all what's been going on behind closed doors this last 12 months

[bumpa33] 24/4/2020 14:02

I doubt that the 20 regions that make up Italy will ever be able to unify in a serious movement for Quitaly - politically, socially, economically the country is a mess, it has been for decades - corruption is endemic at every level through the various regional mafias in business & politics. The older generation has never been that pro Euro anyway, the country has difficulty managing to even be pro Italy! The north hate the south and vice versa and they all hate the Neapolitans and Sicilians - sorry wig if you read this. They may make the noises but I’d be surprised if they went the whole yards.

[mad foetus] 24/4/2020 13:58

In December AAZ was 140, CEY 110. Now CEY is 170. POG was 10, now 24. AAU was 2.3, now 3.3. And don't mention GGP!It's beyond frustrating. We need to be above £2 to just be keeping up

[wanobi] 24/4/2020 13:57

AAZ - ready to move up now on a small buy volume :-) GLA Cheers Wan :-)

[lefrene] 24/4/2020 13:37

gf1, there will have been a dramatic shrinkage of free floating capital, every young person working for an investment fund or Bank, will have their instructions. There's going to be precious little speculation, investments will only be made on the basis of certainties. No one is going to risk their job by going off script, probably the same sort of reasons as to why the NHS seems incapable of getting the kit it needs in hand, before it's actually needed at the sharp end?

The news will come, the divi will be paid, the new certainties will then get reflected in the price, and the employed screen watchers get to keep their jobs by not being 'clever'. Just like the civil service!

[wanobi] 24/4/2020 13:35

DDDD - many thanx Bumpa, I see we now know who the seller has been :-) Cheers Wan :-)