Anglo Asian Mining Share Discussion Threads

[wanobi] 26/4/2020 11:28

ODX will fly tomorrow :-) GLA holders, cheers Wan :-)



Chart looks identical to AVCT :-) LOL


free stock charts from uk.advfn.com


The “UK Rapid Test Consortium, UK-RTC” comprises Oxford University, BBI Solutions, Abingdon Health, CIGA Healthcare, Omega Diagnostics and has been launched to design and develop a new antibody test to determine whether people have developed immunity after contracting the virus.

As part of the government’s National Testing Plan, the expertise and resources of the UK’s life sciences industries are being pooled to build a large British diagnostics industry as quickly as possible.

All existing antibody tests that have gone through the validation process have not proven accurate enough, therefore the government is backing efforts to develop a home-grown test.

New national collaborations such as the UK-RTC will contribute to the government’s wider target to carry out 100,000 tests a day by the end of April, focusing on frontline healthcare and other essential workers first before deploying the tests to the wider population.

The consortium will draw on BBI Solutions’ rapid test development and expertise, as well as its wider manufacturing capabilities, primarily at its headquarters at Crumlin, South Wales, and its site in Edinburgh.

The company will also draw on resource and expertise in other parts of the global BBI Group, in the United States, China and South Africa.

BBI Group CEO Dr Mario Gualano said: “BBI Solutions is honoured and privileged to be invited to be part of this consortium, and its critical work.

“Utilising the resources and expertise across BBI Solutions’ global business, we are moving quickly and effectively to seek solutions that will enable the UK to rollout a significantly scaled-up Coronavirus testing programme.”

The Memorandum of Understanding signed by the companies is for an initial period of six months. The companies will use their combined lateral flow test design and manufacturing expertise to boost the design for potential accelerated scale-up to manufacturing of the test.

Omega CEO Colin King said: “We are delighted to be part of this consortium and to support the Scottish and UK Governments’ efforts to combat the Coronavirus pandemic and look forward to using Omega’s manufacturing knowledge and capabilities in supporting and furthering this objective.”

[pogue] 26/4/2020 11:23

Looks like the mass media has cottoned onto the pharma market expect more money coming soon into the sector...


Give your portfolio a shot in the arm... by investing in the shares of the companies working to beat coronavirus.
With Covid-19 dominating – understandably – every sector of the news, the focus on healthcare has never been greater. Companies making everything from vaccines to disinfectant are suddenly having their moment in the sun.

Doctor Paul Jourdan is chief executive of specialist fund manager Amati Global Investors, a company that invests in small to medium-sized companies listed on the UK stock market.

He says the healthcare sector is facing 'the equivalent of a very accelerated dotcom boom' where companies with even a whiff of a product that might help treat or prevent coronavirus are rewarded with a huge mark-up in their stock market valuation.

[goodgrief] 26/4/2020 10:28

Amazing how quickly the sorry tale of the PWC plundering clients' cash and assets held by Beaufort Securities to pay its administration fees gets forgotten...

[jaspoland] 26/4/2020 10:16

Let's assume we are in a gold bull Market which started in Dec 2015 at a price of $1060. Then go back to the last 2 major gold bull markets. 1969-1980 price rose 1755% over 123 months. We then move onto 1999-2011 and an increase of 611% over 144 months.
If history does repeat itself we're only a 3rd of the way through the bull phase and approx 60% give or take off the bottom. Gold potential will see multiples of $1060 over the next 6-8 years. This really is a once in a lifetime opportunity and gold hasn't even started yet.

[jbravo2] 26/4/2020 10:10

Well I don’t agree we won’t suffer in another crash. We will. Everything does. However I do agree we’ll be ok and we’ll recover very quickly.
I also couldn’t agree more strongly that we’re overlooked and undervalued.

Conservatively if we manage 66koz at let’s say a margin of $900 we make 60m this year.

Bonkers we’re not £2 yet
Let’s see how this week shapes up

[mattjos] 26/4/2020 10:04

Gold starting to attract more and more price pundits.I've always found the Gold chart quite an easy one to read long term. It's in the 5th wave & should go higher than $1,900, that much is obvious. $2,600 would be a neat & simplistic EW target.But, 5th Wave extensions most commonly occur in commodities & we do now seem to have all the necessary market conditions for a mania phase to propel gold to far in excess of $2,600. We'll just have to see where things stand as/when we reach $2,600, by which time AAZ shares should be trading at prices starting with £3

[mad foetus] 26/4/2020 09:49

Incidentally I looked at how my gold funds have performed yesterday. Investec global gold is up 70% over 12 months and 20% over 3 months. It's a matter of time before such figures attract the herds. It is also a reminder of what "par for the course" looks like. AAZ is either overlooked and undervalued or weak and a falling star, depending on your view.

[c0lin1] 26/4/2020 09:46

I respect this guys charting and he is not a perma gold bull

[mad foetus] 26/4/2020 09:32

I think if market crashes again AAZ will be OK. As I've said before, the first crash causes a liquidity crisis. Then people position for the future and all the signs are positive for gold and gold miners. Even people like Muddy Waters, Raoul Pal and Elliot are now tweeting positively about gold being the only asset that is underowned and likely to thrive in all scenarios from here. Talk also of US moving to negative interest rates soon. The stars are aligning and I expect £2 here within 6 weeks tops. Gold bull markets start slowly and last years. I think we are into the explosive growth phase now and can expect 20% pa for the next 3-4 years.

[gold finger 1] 26/4/2020 09:04

bozzy

I don't think it matters if your shares are held in a nominee account,they are all safe. Same as any divi payment after they go into administration. If you hold cash in your account before ADMIN though that could become a problem.Same if you sold as they went into admin.So yes its a good idea to have two accounts if you have a lot of shares.

I can see that 1.79p going on the full year results and an increase in the divi on their own. But that will be all down to how the market reacts over the next month.
Because if it crashes again they will drag everything with it again.

[wanobi] 26/4/2020 08:10

Good morning and good health to all :-)

:-) LOL, thanx GG, ODR :-)

Cheers
Wan :-)

[bozzy_s] 26/4/2020 00:43

Thanks for that SVS info GF. It reminded me to check how much I'm covered if my broker disappears. The answer is £85,000 per person, per broker:

From the FSCS website

If AAZ perform like this time last year, I might have to consider finding another broker! I'm hopeful the FY results in May will, once again, be a catalyst. A slightly increased dividend, to reflect the increased profitability, would be perfect.

It's easy to forget we entered April 2019 in the 70s pence, having rallied from the 40s the previous Autumn. A similar reaction to May's results / dividend, and any news on mine expansion / extension of life, I can see us beating the 179p high from 2019.

[onedayrodders] 25/4/2020 21:24

At least at McDonalds they will be $500

[goodgrief] 25/4/2020 19:52

Think the implication is that $1million might just buy you a decent suit!
And $1000 buys you a hamburger!

[wanobi] 25/4/2020 18:12

all, if you have not done so,,, please, do all give the thread a tick UP or DOWN so I can continue to understand its usefulness to all,,,, many thanx, Cheers Wan :-)

[wanobi] 25/4/2020 16:40

PTAL - fwiw,

cheers
Wan :-)

[jaspoland] 25/4/2020 15:57

I know we all like a good chart and this one will bring a smile to all



Anyone fancy gold at 10k?

[wanobi] 25/4/2020 14:47

YIKES Rb, he actually said gold at $1million/oz,,,, wowzer LOL :-) Cheers Wan :-)

[gold finger 1] 25/4/2020 14:04

After 9 months and no info i would expect we are very close to a agreement of some kind. Will it be worth the wait? time will tell.
But one thing is for sure, there is nothing priced into the share price now for a good outcome.
Looking forward to the 2019 results and divi news. Will we get the sell on news again?
I hope it takes a few days to rise so we don't get the spike and sell off.
So much news to look forward to, all coming at a time when gold and gold miners will be the flavor of the months to come.

[mad foetus] 25/4/2020 11:40

Agree with that klosters, my assumption has been that for at least 9 months the company has been involved in negotiations which have informed every decision the board has made. But at some point progress needs to be made

[klosters65] 25/4/2020 11:09

I am sort of hoping that the discussions/negotiations with the Azeri government are to reach an Agreement to share the costs of developing a mine jointly in a scenario where each parties land/mineral rights but on / adjacent to each other.Also should Ordubad prove to be very valuable as we believe it to be , I am concerned that it is landlocked away from main Azerbaijana and for political reasons a JV would give the investment more security.

[crazycoops] 25/4/2020 09:31

BVXP were in that Shares article. Market cap £213m but only 2.3% regular divi (they do pay specials also) versus AAZ £152m market cap and 5-6% yield. Just saying

[goodgrief] 25/4/2020 08:36

Just established why AAZ didn't get in that Shares article on dividend payers, we're too small! It was sourced from a Peel Hunt report dated 2nd April on companies in FTSE 350 and AIM100.