Anglo Asian Mining Share Discussion Threads

[gold finger 1] 27/5/2020 07:16

Those are paying a divi now, lets see in a few months.
The only thing thats going to stop a divi being paid here is the mines closing because of covid. Well as most countries are now opening up not closing down i don't see that as a worry.
Gold could also drop a lot and that wouldn't make any difference either.

On another point that was discussed here, adding shares to increase liquidity.
Well just remember that every share added not only dilutes you one way. it would dilute the divi also

[oakey1] 27/5/2020 07:15

Someone mentioned dividends...I hold GLO which is a good divi payer 8% at my buy price (142)....take a look

[baddeal] 27/5/2020 00:38

Doc BP. EMG GSK LGEN all currently c5% or above. BP won't last though the others probably stand a better chance imorDSb cut but should still be c4% when price settles and they'll increase as soon as cash flows allow given importance to income funds and mcap

[doc_oj] 26/5/2020 23:51

@llb: whilst I get the jist of your post and agree with it somewhat, I'm interested in knowing which blue chips are paying over 5% currently.
Thanks in advance

[skeptic1] 26/5/2020 22:15

Think he's been in a while going on previous comments. Comes to something when Twitter is the best promo for a company!

[mad foetus] 26/5/2020 21:51

I see from Twitter that miserly investor bought here today. He's no mug.

[laurence llewelyn binliner] 26/5/2020 19:34

Interesting discussion around EV, NAV, PE, MCAP, IRR, they are all different value measures, but best not to use any in isolation for decision making.. :o)

Cracking recent LOM updates, but without a PSA extension and the permit to mid tier 250KOz growth road map and share price driver I can see how/why the share price is drifting, I can also see it drifting some more too and settling at around a price where the dividend looks a stronger return, which is lower than the price today, perhaps around 6/7% at 100p..?, perhaps the share price will consolidate first then trickle up in parallel with the cash accumulation and further strengthening POG to come..

A safe steady USD0.08/GBP0.065 and 5% is good but it is not great, and for investors looking for returns there are blue chips paying more today, and you would not pay 175p for a 3.5% return..,

The BOD have done a fantastic job getting AAZ to where it is today, and with great resources to bring on stream next as depleted mines expire, but I can also understand that after a decade of stress and aggravation, you would want to just crank the handle on what you have built, reap the steady state rewards, and leave the stress to the juniors without making it any bigger or more complex..!

[wanobi] 26/5/2020 17:43

copied from CC on the main AAZ thread, many thanx CC, brilliant and well worth reading :-) many thanx CC,,, cheers Wan :-)

[2sporrans] 26/5/2020 17:41

That 30k sell ~15:30 broke the back of what had looked to be a promising rally.

Agreed, the price action is most disappointing Doc.

The selling sprees coincided with the POG drops today; maybe that was just co-incidence though.
Trading AAZ on hourly/daily POG movements; how banal.
Could be mostly dispirited holders reducing though.

All part of the long term holder experience though.

Q1 Exploration update
Hardman report.
Q2/H1 production [Cash!!] updates]

I remain optimistic that this bunch will help us out of this hole
and more good news through Q3 with the long deferred JORC report
and extensions to lives of mines hopefully.

[crazycoops] 26/5/2020 17:38

How an owner thinks by The Undercover Fund Manager - an excellent read that made me think of AAZ and Reza https://theundercoverfundmanager.com/how-an-owner-thinks/

[skeptic1] 26/5/2020 17:38

40k buy just reported.

[wanobi] 26/5/2020 17:36

AAZ - I suspect 120p will be the floor in this latest pull-back, but, let's see,,, GLA Holders, cheers Wan :-)


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[pogue] 26/5/2020 17:33

Eye opening documentary on how central banks manipulate economies causing bubbles and prolonging recessions well worth watching it will open your eyes to much that is happening now and what happened in the past in Japan and the Tiger economies.

[wanobi] 26/5/2020 17:01

BPC - RNS - Bahamas Petroleum Company, the oil and gas exploration company with significant prospective resources in licences in The Commonwealth of The Bahamas, is pleased to announce that, having postponed its Perseverance #1 drilling operation from H1 2020 due to the Covid-19 pandemic, it has entered into a definitive contract with Stena Drilling for provision of a drilling rig as soon as Q4 2020. Consequent on the terms of this contract, the Company is able to provide an updated and significantly reduced cost estimate for its first exploration well in The Bahamas, along with a general update on expected timing and progress toward drilling.

Cheers
Wan :-)


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[riggerbeautz] 26/5/2020 16:48

Got a few MARS back at the end.

[skeptic1] 26/5/2020 16:32

Big trade being worked in the background? Let’s see...

[jack jarvis esquire] 26/5/2020 16:29

Crazy share price action when looking at the trading

[wanobi] 26/5/2020 16:27

yep almost, but not yet hubs,,, tomorrow should see it filled :-) Cheers Wan :-)

[bumpa33] 26/5/2020 16:11

STCM - Mattjos, Cantor have indeed switched to bid, 100k for them and 100k elsewhere too - only the NMS on offer - 15k. Took a few @ 23 for a bounce.

[hubs] 26/5/2020 16:06

Gap almost gone at dddd!?

[wanobi] 26/5/2020 15:51

aha, many thanx for the heads up Mj, cheers Wan :-)

[mattjos] 26/5/2020 15:44

I also took £200 profit on AMC and kept hold of 50k as 'free-ride' shares.

[mattjos] 26/5/2020 15:43

After at least a year, Cantor have finally moved away from the Offer at STCM and now on Bid ... fell off my chair & then added

[donald pond] 26/5/2020 15:38

thanks for the tip cmb, had it on spread bet and was waiting for a spike up. Hope it all works well for you but with my EML and ACP and HZM exposure, i've got enough start up miners!
I also closed my PUR SB today, just felt I'd sooner own shares there, held from 72 to 78 I think so a nice win, but think it will be volatile. Just need to sell something to free ups cash now...