Anglo Asian Mining Share Discussion Threads

[bumpa33] 05/5/2020 13:24

Well done ACP, might’ve had the “McNulty”; effect there :)

[nicbw01] 05/5/2020 13:02

Think at this price we will get a lift on next results due to the price of gold. Any chance of a dividend increase. No debts either so strong fundamentals.

[mad foetus] 05/5/2020 12:33

No, you can't short it at IG

[gold finger 1] 05/5/2020 12:28

Good grieve

Thank for that info on that fund.
I have had a look and will look some more a little later.

[gold finger 1] 05/5/2020 12:25

I would say they have a buyer in the background that wants all they can get.
This is the only reason the share price is at the price it is.
I would say if you are a buyer don't be deterred to buy even if you can only get a few. These will be 2 pound a share at some point in the near future IMO, so the more you can add now at this silly price the richer you will be in the future.

Mad foetus
Can you see if you can short the price again now. because a month or so back they would not let you. Just out of interest.

[donald pond] 05/5/2020 12:23

Also added an AAZ spread bet when it was 120/122, asked for £100 a point and IG could only give me 10, so volume is tight. On the other hand, I closed out half of my AVCT bet earlier and closing that was not easy: that one can get tricky to both buy and sell.

[donald pond] 05/5/2020 12:21

Sold out of ACP at 3.10 and 3.15, made 25% since Thursday and 10% this morning and really, have no idea about startup graphite mining in Africa so lets not be greedy! One of those a week would do very nicely.

[henwii] 05/5/2020 12:16

lvl 2 looking quite strong.

[mattjos] 05/5/2020 11:43

In the T10 window now

[mad foetus] 05/5/2020 11:42

Just opened a spread bet at IG, they would/could only give me £10 per point!

[king suarez] 05/5/2020 11:39

Wan - JSE in a nice rising channel - maybe resistance around 60p on the chart, what do you think?

TXP also looks poised to breakout to me.

[mattjos] 05/5/2020 11:35

grief! Is that a 2p spread i see?

Max online to buy is 1,875 shares all of a sudden

[king suarez] 05/5/2020 11:28

We should be getting the annual report and accounts in a couple of weeks time.

Hopefully a comprehensive update on exploration and forward guidance/strategy within - if not, then I think we need to start pressing the BOD for info?

[easwarareddy] 05/5/2020 11:13

Many thanks wan... what share price are the charts showing short to medium term?

[friendzarin] 05/5/2020 11:12

K65.According to Bill they do.

[klosters65] 05/5/2020 11:08

You guys know the management well. So tell them.For the first time in recent years, most of us shareholders are not very happy at not been kept informed, at least partially , what is going on. Clearly this is acting as a dampener on the share price. I have asked before. Do management read what is written here.

[mad foetus] 05/5/2020 11:03

I think we are all on the same page. We've been given glimpses of lots of stuff, and were told at the AGM that if we didn't hear of other deals it was good, because it meant our new finds were better than prospective deals. But this silence...really, since the AGM, it feels like communication has been minimal. The last time Bill was over he said they were subject to takeover rules. Come on guys, let us know what's happening!

[mattjos] 05/5/2020 10:57

agreed FZ.

This is worse than watching concrete set at present. Appreciate there are more pressing matters on the operational front for the time being but, there does seem to be a complete news blackout by the company on Strategy, Exploration & Development - the three key things that all investors are waiting for more than anything else.

[wanobi] 05/5/2020 10:52

thanx ears, ok at the moment :-),,, hope you're also keeping well,,,, nice C&H and breakout, textbook,,, apols for the straight lines to my cup but you can see the pattern :-) Cheers Wan :-)


free stock charts from uk.advfn.com

[friendzarin] 05/5/2020 10:49

On 13/03/2018 AAZ launched its 2018 Geological Exploration Programme for 2018.

It had the following overview

2018 to be the first year of a three-year rolling programme of geological exploration of near mine, brownfield and greenfield areas with the objective of:

o replacing mined ounces

o extending the current mine life to a 10-year minimum

o increasing the Company's inventory of resources

o discovering new mineral deposits similar to the Ugur open pit mine ("Ugur") which have the potential to be quickly developed into operating mines

We are now 26 months into this rolling programme and I don't think it unreasonable of investors to expect the company to provide some guidelines/estimates in its next update of the measured progress they have made to meeting their own objectives / success criteria.

[gutterhead] 05/5/2020 10:48

Just had a cheeky top up.
122p beautiful

[brasso3] 05/5/2020 10:47

Wan

I think the gap at 113p also completes the inverse H & S.

[easwarareddy] 05/5/2020 10:47

Hi Wan hope your keeping safe and well. Could you do me a favour n do a chart for cobr its got huge potential. Tiny mcap and rns due soon. Could really launch.

[wanobi] 05/5/2020 10:45

AAZ - still that GAP at 113p to fill :-) LOL, oh what a game huh :-) Cheers Wan :-)

[riggerbeautz] 05/5/2020 10:34

Reat retreating on profit taking, I think they have scale issues myself and ditched but if it gets around 1p I’ll buy back.