Anglo Asian Mining Share Discussion Threads

[mattjos] 11/5/2020 09:25

would rather not, mf … that will simply encourage selling from the traders and use up cash that we can put to more profitable use in the business +, will further reduce liquidity (which you are always complaining about).

Seems to me that it will be very wise to keep our cash levels up, just in case there is a 'second wave' this Winter

[brasso3] 11/5/2020 09:24

US national debt ticked through $25 trillion this week!

[2sporrans] 11/5/2020 09:22

Thanks for the Merian note SiE

I rather go along with Baddeal as to the importance of the oil-gold price ratio; why not a consumerable commodities basket?
Would be more stable than oil for sure.

Whatever, can be not quibble wrt:
"gold/silver producer currencies such as the Australian dollar have fallen by 25-30% versus the US dollar."

As, generally, labour is the biggest single cost element for miners, a lot of miners will be buying a lot more hours of it per $ earned.
Not sure if this applies to AAZ presently as the Manat is pegged to the $US.
Though perhaps this will change following the collapse in their oil/gas revenues.

"For those who are mandated to maintain their long equity positions"
This allusion to institutional investors is yet another reminder of how vital
it is for AAZ to evidence a longer LOM and increased JORC reserves.
That will jack up the share price and if the market cap. gets to ~$200-mn, might this suffice to attract some significant new instit. buying?

Having said, just for this week, it would be nice if we are treated to another RNS along lines of: A second chartered flight consignment of gold has been delivered to
refiner X and 90% payment received. This was for 4 weeks production and the sales price was $17.xx. Would bag over $6mn more revenue and a further sweetener to the FYs to follow on v. shortly.

[mad foetus] 11/5/2020 09:22

Not sure if they already have it but if not I'd suggest the board consider an option to buy back up to 10% of the shares next year. The company has the cash and it doesn't commit them to doing anything. I'd prefer it wasn't needed but if share price dropped again due to wider market volatility it could be pretty accretive

[wanobi] 11/5/2020 09:20

do my eyes deceive me, buyers returning to AAZ :-) LOL GLA holders, Cheers Wan :-)

[mattjos] 11/5/2020 09:17

not long to wait now for what should be terrific results & hopefully, with end of the closed period, a resumption of good newsflow across several fronts

[wanobi] 11/5/2020 09:02

beautiful chart :-) Cheers Wan :-)


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ignoring the GAP :-)


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[pogue] 11/5/2020 08:56

MF
TW sold half his holding at 10p, well at least that is what he told his followers he was doing, so does that make you half like ORPH :0)

[pogue] 11/5/2020 08:51

Cheers Wan
I am not convinced the West will follow the East, certainly from the London suburbs where I am driving into work is impossible in many cases due to lack of parking. Add in that most people I know are being told by their employers working from home is the new normal I cant see the rise happening.

[callmebwana] 11/5/2020 08:46

Wan, yes a USA listing will whack the Marke Cap of AVCT IMO.
It's too undervalued here in the UK.
Comments have been made in the USA as to how undervalued AVCT is in the UK !
It is getting de-risked by the week IMO.
Yes it is still a punt but what share is not ? NAI of course.
ATB.

[wanobi] 11/5/2020 08:42

apols pogue, it was a bit vague, it flashed across Bloomberg that the Chinese are shunning all forms of public transport as too risky and taking the car to work causing gridlock and an extra 60 minutes of journey time in Beijing I think.... :-),,, but, to me it seems obvious that's what folks will do,, after all your car is like an extension of your home if only you and your family use it, so it's nice and safe virus wise to get to & from work,,,, also, to me, its all very well UKGOV saying use more bikes and walk,,, but, again I feel people will see that as high risk infection-wise,,,, I would not like to be stuck in the middle of a cycle lane with everyone breathing all over me right now... Cheers Wan :-)

[jbe81] 11/5/2020 08:27

Away from covid Ince has done well the last few trading days

[wanobi] 11/5/2020 08:26

SRB - large inverse H&S there KS,,, bodes well :-) Cheers Wan :-)


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[wanobi] 11/5/2020 08:16

a US listing would obviously change the dynamics of the valuation and MCAP for the better, right ?? hmm, interesting cmb, Cheers Wan :-)

[wanobi] 11/5/2020 08:14

This one; (many thanx LB), many thanx cmb, Cheers Wan :-)

Interesting posts on Nasdaq/NYSE valuations.

I've just noticed on page 26 of our results presentation we have a new joint broker for the USA.

Joint Broker (USA)
TKDY, New York
Tom Lawrence
[e-mail]
www.tkdyadvisors.com

'Helping UK and European emerging growth companies within the Tech, LifeSci and Media sectors with introductions to long term capital in the USA.'

Not listed on Avacta website (yet)and not mentioned on any prior releases.

[jbravo2] 11/5/2020 08:11

They don’t give an exact date AFAIAA mf
They just “arrive”
:)

[mad foetus] 11/5/2020 08:09

Is there a date for results yet?

[callmebwana] 11/5/2020 08:07

Good morning all.

Wan,read post No.3153 on the AVCT BB by
Loafofbread..Joint Broker appointed in the USA. TKDY New York.

The Man from Dell Monte,he says Yessss
😁

[wanobi] 11/5/2020 08:02

TXP -

Cheers
Wan :-)

[wanobi] 11/5/2020 07:53

meanwhile in China, total gridlock as everyone uses their car to get to work & not public transport which I feel will be repeated globally... Oil ? hmm, interesting times,,, GLA Cheers Wan :-)

[pogue] 11/5/2020 07:51

MF
I have to I agree with Brasso ORPH is only doing what it always was built to do and that is to ramp up sales and profits from combining 2 companies in the same sector, clinical trails, but doing complimentary work so providing a opportunity to increase client spend. hVIVO was only added end last year beginning of this so the numbers are not excessive. It will have the for sale sign put up on it very soon as well so an exit is in sight.

[riggerbeautz] 11/5/2020 07:50

Morning, could be some fireworks then on a few shares and mf sums up my own thoughts, I don’t mind playing a bit of Covid bingo, but it’s stick a finger in the air as to who is going to see it through to commerciality and at what profit.

Good luck to everyone anyway.