Anglo Asian Mining Share Discussion Threads

[the stigologist] 18/5/2020 07:50

AVCT

Here you go folks the clipped and subtitled bit from wan video above

This is pretty much nailed on now

36 seconds of US Government basically pre advertising our rapid antigen tests on pregnancy style lateral flow devices

[wanobi] 18/5/2020 07:47

LOL pogue :-) Cheers Wan :-)

[pogue] 18/5/2020 07:46

wan
reading your post on looking for a broker I think you need to go on Tinder :0)

[mad foetus] 18/5/2020 07:44

Lols! We just need the balance between buyers and sellers to be tipped a little bit in our favour...it won't take much. Should really be today - as I mentioned recently, at the last AGM Sununu mentioned a POG of $1800 as if it was fanciful. Right now, it feels inevitable, as do prices much higher.As someone on Twitter posted, anyone who has bought gold since 2009 as insurance against central bank largesse isn't going to start selling now.

[jbravo2] 18/5/2020 07:38

@mf
Yes I’ve certainly always thought of you as quite a large part of a problem :D

[wanobi] 18/5/2020 07:26

Also, WW, seems to me that the MM's are well in control of the AAZ share price and not the market,,,, until I listened to those interviews I would have said, surely that's not how this works,,, but, he clearly stated it is,,,, they mark up/down the price significantly at the slightest weakness or strength in the demand for AAZ shares which can be very off-putting for anyone new to the stock,,, those that understand this and have seen it time and time again can ignore, or take advantage of it in the knowledge that when good news,,, LOM, PSA clarity comes those MM's will re-rate the share price very, very fast and very far to the upside provided the news is deemed worthy of doing so by them :-) LOL,,,,, he also stated how the share price over-reacts to both good and bad news, overshoots on both directions,,,,, now,,, if I had had that knowledge when it last hit 170p I would have sold some and bought more lower on the re-tace,,, but there you go, I'm still learning the ropes here :-) GLA, Cheers Wan :-)

[mad foetus] 18/5/2020 07:26

Look at the graph of GPM over the last month - gone from 32p to 44p, every day a tick up. That's what the general gold market has done. So, in the absence of news, you'd have expected AAZ to have gone from 128 ish to 176ish. That is how much ground we need to make up and it has to start this week.Something is holding us back: I think it is largely one or more people wanting to top slice (not me), an off putting spread, and a lack of volume. But, if the inertia around the share price can be broken, the possibility for a rerating is huge. I guess I'm part of the problem, because I'm not topping up: AAZ is more than double what the maximum position size of anything in my PF should be. So we need news, new buyers, and a chart that looks close to breakout. Once we get past 170, the next leap will be easy!

[pogue] 18/5/2020 07:18

Brasso
yes we have the gold making machine in the house but how much profit is ORPH getting on it very light on numbers never mind how they are paying for the test equipment. I suspect profit share but who knows?

[gold finger 1] 18/5/2020 07:16

We are in for it today the way gold has moved up.
Tin hat time, you know the market hates companies that make money these days.

[wanobi] 18/5/2020 07:16

You're most welcome WW, cheers Wan :-)

The main problem/question for me from it,,,, is,,,, how do I find a good broker!?

Anyone who has found one is understandably reticent to pass on their details as quite rightly they don't want their prize'd broker relationship diluted by loads of new clients suddenly coming on board.... :-)

I'm looking to find one I can build a long term relationship/friendship with where I can buy/sell, set stop losses etc by phone and not online!!

Cheers
Wan :-)

[brasso3] 18/5/2020 07:13

Nice RNS at ORPH! :)

[wanobi] 18/5/2020 07:12

ORPH - that RNS should see its continued rise I would suggest :-) LOL GLA Holders, cheers Wan :-)

[walter walcarpets] 18/5/2020 07:10

Wan: thanks for the links to to the MM workings. Much as I anticipated but interesting nevertheless. Silver on a tare again overnight :-)

[wanobi] 18/5/2020 07:09

ALTN - RNS - 18 May 2020

The Company has achieved an important milestone in the extension of its mining contract at Sekisovskoye to 2030.

Altyn is pleased to announce that the State Ecological Expertise Agency of Eastern Kazakhstan's region has approved the plan of mining operations and environmental impact assessment (OVOS) of the Sekisovskoye deposit.

Specifically, these new permissions regarding environmental emissions and environmental protection measures were granted to Altyn PLC's subsidiary Baurgold LLP for 2020-2029.

Following this approval Altyn anticipates a successful review over the coming months of addendum #8 of the subsoil contract #555 for the Sekisovskoye deposit with the Ministry of Investment and Infrastructural Development of Kazakhstan for the extension of its contract until 2030.

GLA
Cheers
Wan :-)

[wanobi] 18/5/2020 07:05

AVCT -

A snippet of what could be the Cytiva test,,, from 1min25secs :-)

Cheers
Wan :-)

[wanobi] 18/5/2020 06:58

many thanx for the reminders cmb, much appreciated as always :-),,, I must say your approach over the last 6 months has been spot on and you've been able to sit back, feed the birds, sort the garden, go fishing and so on,,,, whilst I've been slaving over the key board, reading books, learning as much about this game as I possibly can in the shortest time I can :-) LOL,,, hopefully that work will pay off for me at some point,,,,,,, well, TBH it already has,,,,, but your approach is a goal for me now,,,,, chill Wan, chill,,,, sit on those hands :-) LOL LOL... Cheers Wan :-)

[brasso3] 18/5/2020 06:55

Has anyone wondered why the US has reported 90k of the 320k (25%) of the global deaths related to Covid 19? It might be very simple... Hospitals receive $39k for every covid 19 related death that they declare!

[wanobi] 18/5/2020 06:52

Great posts over the weekend chaps, especially on the main AAZ thread where people are drilling down on the LOM/PSA etc etc,,,, sure you've all read the posts there, but for any newbies looking in for AAZ, please make sure you read all of them and those posted here :-).... All brilliant research and way better than any analyst could possibly provide... :-) many, many thanx to all, cheers Wan :-)

[wanobi] 18/5/2020 06:48

Oil up, Gold up :-) excellent start to the week :-) Cheers Wan :-)

33.47 & 1763 :-)

[wanobi] 18/5/2020 06:48

Good morning all, Good luck and most importantly good health today, cheers Wan :-)

[podgyted] 18/5/2020 00:29

My graph is showing that gold is close to 44% higher in GBP than a year ago - its just a matter of time.

With what has been intimated by Bill, next week could be interesting.

[bleepy] 18/5/2020 00:09

A reminder of full paragraph from 24/2/20 rns...

Extension of Current Mine Life
The Company is in a very strong position with significant exploration upside at all three of its Contract Areas.

The exploration programmes are being designed to be rolled out to allow time for "dovetailing" exploration results into resources and ultimately reserves to extend the current life of mine.

The Company is confident that the resources will yield extensions of operations to provide significant shareholder upside from the metal in the ground being converted to revenue.

This work is being planned to optimise the life of mine for each property within the current permitted activity timeline in the Production Sharing Agreement ("PSA").

Assuming the two available five-year extensions in the PSA are requested by AIMC for each property, the permitted production periods are as follows:

Mine - Year of submission of notice of discovery - Last year of permitted production
Gedabek 2008 - 2033
Gadir 2012 - 2037
Ugur. 2016 - 2041
Gosha. 2012 - 2037

[fozzie] 17/5/2020 23:50

POLY, one that got away from me Cmb. I bought POG instead and have done ok but POLY has roared back from sub 1100.

[the stigologist] 17/5/2020 23:42

For DDDD fans

OUR Principal Investigator Dinesh Saralaya was on BBC today talking about their CRUCIAL lifesaving clinical trials

[fozzie] 17/5/2020 23:34

The only wisdom we can hope to acquire is the wisdom of humility.