Anglo Asian Mining Share Discussion Threads

[riggerbeautz] 14/5/2020 08:26

Jeanesy said all along I’d be interested again around 1p but what’s that £400k contract going to make in profit? For me the real unknown is how they can scale up, they look a relatively small operation, think I noticed 90 operatives somewhere? How much profit can those 90 make?

REAT looks a good business waiting to happen but how quickly is another story and maybe that’s why the price got ahead of itself.

[brasso3] 14/5/2020 08:26

Wan

I am worried what the Q2 numbers will look like at TXP. The problem is that its going to eat into the drilling capital.

[wanobi] 14/5/2020 08:24

TXP - not been able to buy anything at all, LOL,, oh what a game this is :-) LOL,,, probably finish blue now from 14% down LOL GLA Holders, cheers Wan :-)

[mr roper] 14/5/2020 08:24

Good news at Tils today

[jeanesy] 14/5/2020 08:19

pogue the REAT news looks good for a small cap but i would be interested to hear your thoughts on what constitutes good value there. IMO the price got way ahead of itself at 2p and some will have seen todays news as a chance to recap some loses if buying at that level. Some say that this will be good value at around 1p , so still lower than 1.3p . Im really not sure on this one myself

[brasso3] 14/5/2020 07:56

MARS looks like a good trade for a bounce today.

[mad foetus] 14/5/2020 07:55

BUR worth keeping an eye on, 4.28 RNS yesterday confirming AGM resolutions were passed, had been presented by company as a potential problem. Chart looks like series of higher lows, can it make a higher high and press on?

[brasso3] 14/5/2020 07:52

Keep an eye on BTC today. Its approaching $10k (key level). ARB did not react to the price increase over the last 2 days.

[riggerbeautz] 14/5/2020 07:43

Morning Wan, having half my pots in AAZ and another 2 good chunks linked to gold I’m trying to take the high octane out of my holdings but I’ll probab go jump back in PUR saying that lol

[wanobi] 14/5/2020 07:26

PUR - Pure Gold Mining Inc. First Quarter Financial Results out,,, numbers indicate it's turned a corner to me,,,,. but I'm a Muppet with financials :-) LOL Cheers Wan :-)

[wanobi] 14/5/2020 07:22

yep, many thanx for heads up pogue REACT,,,,

REACT Group Plc., (AIM: REAT.L) the leading specialist cleaning, hygiene and decontamination company is delighted to announce it has been awarded a contract to provide specialist deep cleaning services on a regular basis to one of its Tier-1 Customers operating in the rail sector. This is part of essential services and not COVID-19 related.

The initial contract, worth approximately GBP400k, will run for a period of 35-weeks through to the end of the calendar year and is incremental to the work REACT carries out for this customer on a regular basis.

GLA Holders
Cheers
Wan :-)

[wanobi] 14/5/2020 07:20

aha, AA, yes, Parvus reducing,,, I see, cheers Rb,,,, many thanx, cheers Wan :-)


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needs to bounce off that rising channel support line today Rb :-) fwiw LOL

[pogue] 14/5/2020 07:15

A wee bingo call for REACT which I have been holding on grimly to in spite of some determined seller. Big contract win...

[wanobi] 14/5/2020 07:15

yep avesome, MPH,,, once again the key word 'patience' cheers Wan :-)

[wanobi] 14/5/2020 07:14

its the people that make the thread kk and there are some very fine people about here :-) Cheers Wan :-)

[wanobi] 14/5/2020 07:12

Good morning all, Good luck and good health to you all, cheers Wan :-)

so nice to wake up to a great chart :-) LOL LOL LOL LOL,,,, sad Wan. very sad :-) LOL

[wanobi] 14/5/2020 07:11

PUR Chart for ODR, Cheers Wan :-)

'nowt wrong with that lad' is all I can say :-) LOL

oh, and 'Mr Blue Sky' :-) LOL


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[mad foetus] 14/5/2020 04:52

httpS://twitter.com/badcharts1/status/1260678676242464770?s=21An interesting chart that shows how quickly the price of gold can move when a currency - in this case the NZ one - wobbles.

[mattjos] 14/5/2020 00:34

looks like we are in for an interesting next 6-8 weeks. How will Gold react with a further big dose of QE in June/July?

One gets a strong sense that the pressure in the Gold cauldron continues to rise & a that the lid cannot be held down for too much longer this year

"For those who missed all that, here is the layman's version: the Fed has flooded the system with liquidity... and it is not enough, because the way helicopter money works, is that liquidity supply (the Fed), and liquidity demand (Treasury via debt issuance) go hand in hand, and periods of too much supply, as was the cash with the Fed's massive QE in late March and early April, are promptly followed by periods of dramatic liquidity demand, such as the next month when $1 trillion in liquidity will be drained to fund the US government "money helicopter."

This also suggests that Deutsche Bank's estimate of a $3.3 trillion cumulative shortfall is accurate and that the Fed will soon find itself trapped again, because instead of injecting liquidity it continues to drain it by shrinking the weekly POMO injection.

As a result, Powell faces a two-fold problem: since the Fed chair has taken negative rates off the table, Powell has no choice but too boost QE again, and unleash another firehose of liquidity in the financial system. However, any such reversal to the Fed's current posture of shrinking QE will be met with howls of rage, especially in the political establishment. Which means that, just like in March when the Fed used the first pandemic-induced market crash to unleash unlimited QE, the Fed will soon have to go for round 2 and spark a new market crash, one which it then uses as an alibi for the next massive liquidity injection. Failing to do that, watch as the dollar takes off as markets sniff out that another major dollar squeeze is imminent. And since this will accelerate the liquidity crunch, one way or another, the coming 992 billion net Treasury issuance will serve as a trigger for the next market shock, one which the Fed will quickly reverse by expanding the already unlimited QE by over $3 trillion on very short notice."

The only question we have is whether this will be the market crash that the Fed uses to unveil it will also buy equity ETfs next, or if Powell will save this final bullet in its ammo for whatever comes next."

[e43] 13/5/2020 23:09

Good to hear the history of you early ,brave and successful Aaz investor's!. I have to confess i'd never heard of the company until a week or so before i started to buy this Feb.i feel the company possibility falls down abit of a crack in the market i.e abit too mature and successful compared to the average Aim explorer ,ie so many Aim savvy investors concentrating on finding the next Aaz,but conversely not really on the radar or known about by the general investing public

[notaclue] 13/5/2020 22:35

I do remember almost topping up at 8p on the way up but didn't. I kind of kick myself now but then again I can't really can I. I invested my divi into other gold mining companies and they're coming to life now. My portfolio is mainly gold mining. I don't do SB or trading after having some bad experiences. It's too much like gambling for me and not good for getting a good nights sleep at times.

[jbravo2] 13/5/2020 22:26

Oh don’t worry I often worried I was bonkers on this journey
I stopped worrying a couple of years ago when I was stood on the back wall at Gedabek