Anglo Asian Mining Share Discussion Threads

[brasso3] 11/5/2020 07:44

MF

ORPH is up around 30% since the virus outbreak. Hardly comparable to the risk associated with NCYT, ODX and AVCT.

[gold finger 1] 11/5/2020 07:44

I read most reports about gold, i would say 90% are saying gold will rise. Some say it will drop again before it rises. But 100% agree that over time gold will rise.

Also 90% say the equity market will drop, but yet it continues to defy gravity and rise. So looking at fundamentals and what is going on with the economy seems to mean nothing.
You only have to look at AAZ to see this. Still making money, one of the few paying a divi, costs dropping with oil and making record profits. But the sheep continue to ignore these facts and so does the market. I have learned the hard way over the years not to gamble because sooner or later you will lose, mostly sooner.
So i will stick with the sector that is making money. And if you can find a company that is so under valued its best to jump all over it.
AAZ is one such company. Great management, record profits,divi payer,length of mine is the only concern but they look to have that under control.

[wanobi] 11/5/2020 07:44

great post MF, totally agree, it's a race and still a punt in many respects :-) Cheers Wan :-)

[henwii] 11/5/2020 07:39

Link works fine for me.

[brasso3] 11/5/2020 07:36

re ALTN

Important to note that Q2 average gold price is already a lot higher than Q1. Finally they seem to be moving forward with their monster resource.

[wanobi] 11/5/2020 07:28

ALTN - Altyn's production up 130% year on year :-) GLA Holders, Cheers Wan :-)

[wanobi] 11/5/2020 07:23

ORPH - yep, good news also :-) GLA Holders, cheers Wan :-)

"We are delighted to exclusively partner with Quotient Limited to bring fast and accurate COVID-19 antibody testing to the UK. Open Orphan plc, via our subsidiary hVIVO, has industry leading scientific and laboratory capability and the MosaiQ(TM) system's best in class COVID-19 antibody testing performance makes the system a natural addition to our state-of-the-art virology laboratory in London. There is a clear demand for COVID-19 antibody testing and we will be making testing available both as a standalone offering and will also utilize the testing capability to screen volunteers for our industry leading range of human challenge studies to ensure no disruption to our clients."

[pogue] 11/5/2020 07:22

Lack of a price on the ORPH RNS is annoying. I am sure Cathal will be getting interviewed about it this week and give an indication though.

[wanobi] 11/5/2020 07:21

4D - step in the right direction,,,

The safety review committee for the study has evaluated data collected during the Dose Limiting Toxicity (DLT) period of the trial, the first cycle of treatment for the first 12 patients. The committee determined that it is safe to proceed to Part B of the study.

All good :-)
GLA Holders
Cheers
Wan :-)

[wanobi] 11/5/2020 07:18

Yep, AVCT as expected - "is pleased to announce that today it is shipping Affimer reagents for COVID-19 antigen testing to its diagnostic test development partners."

excellent, cheers Wan :-)

[wanobi] 11/5/2020 07:14

Good morning, Good Luck and Good health to you all today :-) Cheers Wan :-)

[jbe81] 11/5/2020 07:13

A few covid bingos today

[brasso3] 11/5/2020 07:09

Big RNS at ORPH and ALTN today.

[goodgrief] 10/5/2020 22:56

Rb, can we assume you're a multi-millionaire? Hope so!

[riggerbeautz] 10/5/2020 22:38

GG you’ll find me quote plenty of people, even the odd analyst, I just like to keep an open mind and not swallow everything.

A lot of people rate Ray Dalio and Bob Prince of Bridgewater, I’ve liked some of Dalio’s comments of late but just casting back to January, the worlds biggest hedge fund was talking up the end to Boom Bust. This aged well.


B.t.w John Meyer’s coverage of AAZ has been so behind the curve at times it’s not worth mentioning his price targets.

[nicbw01] 10/5/2020 22:34

So what is thoughts on share price over the coming weeks. Surprised we haven't seen shareprice higher. Do we think there is any bad news out there or is it just waiting on some good news to move the price now.

[wanobi] 10/5/2020 22:08

many thanx Rb, I'd be very interested to know what your current core positions will be if you fancy sharing, here or by mail,,,, if you don't, I fully understand and have no problem with that,,,, if you do I can update my Rb portfolio :-) thanx, cheers Wan :-)

[wanobi] 10/5/2020 22:03

aha, doh Wan :-) LOL,,,, I had forgotten that kk,,, thanx for reminder, cheers Wan :-)

[onedayrodders] 10/5/2020 21:27

KATORO GOLD (KAT) 2.5p to buy

Reminder they are in the home straight in terms of a funding decision for their JV project in SA due by 29MAY20.

Tiny market cap of £6m and funding will start a project that will be worth $500m in revenue to KAT. It's a near term surface tailing's project of proven 1.3m ounces of gold and production will be next year.

SP shot up to 3p early this week on robust scoping study which should significantly improve the chances of funding and gives you an idea of where the share price will go should funding be approved.

I think there is also a great chance of a quick short term trade even before the decision, as share price looks nailed on to rise in anticipation of what would without be a company making RNS.

ODR

DYOR

[goodgrief] 10/5/2020 21:19

Rb, fair enough. Have you read his biog?35yr industry veteran turned investment analyst. Comments on the sector and trends generally, not ramping companies. No teenage scribbler!PS. If I ever find you quoting 'experts', I may return your toilet paper comment just slightly used!! :-)

[kickingking] 10/5/2020 20:45

Wan just to let you know, people can only tick up or down your thread by using a computer. Most people like myself use a tablet or mobile phone so can not tick up thread. in fact using tablet I can not even see header. Try not to worry so much, many people are reading this thread from mobile devices. Regarding you selling some AVCT shares, I think you have done the right thing regardless of where shares go from now. When a share is playing on your mind then that is the time when your holding too many. Good luck.

[riggerbeautz] 10/5/2020 20:30

Wan think your thread is fine, too much in the header people will moan, I stick generally to resource plays but if I asked you to stick more links in, you would only find some would disapprove; everyone can search the net for stuff they want.

Incidentally, next week I intend closing out all but core positions, the rest will be short term (for me) trade punts only; Bumpa May yet be getting through to me lol.

GG if your post after mine was aimed at my comment, I’ve edited for clarity.

[jbravo2] 10/5/2020 19:14

Doesn’t show as a live link for me but I don’t have premium BB privileges if that’s relevant.
Save your £6 :D

[crazycoops] 10/5/2020 19:06

Thanks WW and baddeal - I am still none the wiser though :) As for the article, it was a he point that non-mining investors who traditionally view gold miners as taboo might soon have little option than to consider them as they are one of only a handful of sectors that are increasing profits (and dividends) at the moment