Anglo Asian Mining Share Discussion Threads

[grupo guitarlumber] 27/5/2020 11:52

AS WITH GOLD,IS COPPER FAIRLY PRICED



And theres always the silver lining

[jbravo2] 27/5/2020 11:48

All good here.
Relax everyone.
Smile. Have a beer. Sun is out etc.
:)

[gold finger 1] 27/5/2020 11:46

I am just going to point this out.
Have the markets got the valuation of gold right at this moment,when what has gone on?
Will the markets in the future get the value of gold right?

[gold finger 1] 27/5/2020 11:38

skeptic

The fact is talks are still on going or we would have been told.
We also have all been restricted by movement for the past 3 months.
Did Bill not point this out regarding the Jorc? something along the lines that most of the work could be done away from the mines,but some had to be done on site? I am sure that's what i heard.Talks with the government first would have been delayed or taken longer because of the elections,then we have had covid.

I am not in love with this share. Its just that i can see the value that will IMO be added to the share price at some point.

We have had money thrown at the main markets that have inflated there share price
I for one can't see the value in these companies as they are closed down and the future looks dim for them also. But people seem to be happy to throw money at them for now and not look at the facts.
But here you have a few down days and news that was not bad and people are looking for reasons That aren't there just because the share price is down.
This company is still working, making record profits, and have paying a very good Divi, with a jorc to increase the mine live in Q3. But all that is being ignored because of the share price Sometimes the market has it wrong,never forget that.

[2sporrans] 27/5/2020 11:10

No disputing your 2 points Brasso.

It's unfortunate we lack those long promised JORC reports
for Gadir and main pit which hopefully will extend their lives
at least until end 2025.
But come they will.
Then there's the 2 potential undgerground extensions to them + Gosha too
+ the 5 new prospects [hopefully A1 producing from H2 2022] to pad out
the production feed life further.

Production feed life....I kind of like that, as it would take account of
the stockpiles and tailings too.

[gold finger 1] 27/5/2020 11:06

We are part of the club.
But the manager is not allowed to inform you about certain things that are going on behind the scenes by law.

[riggerbeautz] 27/5/2020 11:05

Just had a glance at POG know it has a few hurdles surprised it’s been in a little downtrend a few days now.

Good luck with 4d Wan looks like it’s coming good for you.

[grupo guitarlumber] 27/5/2020 11:05

Seems a good long term play and it pays a divi

i feel it will return towards the 150p mark in the coming weeks

[mad foetus] 27/5/2020 11:01

ACP, come on lads, feasibility study due to land this week, how does the chart look...???

[2prsimo] 27/5/2020 10:58

A respected charter on Twitter is saying the gap was filled on DDDD at 42.4p.

[skeptic1] 27/5/2020 10:57

Absolutely - I’d normally not be this interested in the daily machinations. Quarantine will do that to a bloke! Point taken :-)

[bo doodak] 27/5/2020 10:55

Skeptic,

FWIW, would it not be safer to accept that there is always a reason for how an share price performs at a given time, just that we, including myself, are unable to comprehend what it is (loads of theories of course abound)

Its damned annoying but at least we have comfort of a secure, increasing div meantime.

[wanobi] 27/5/2020 10:44

POG -

Cheers
Wan :-)

[skeptic1] 27/5/2020 10:40

Gold finger - I do agree with you, to an extent. I’m just putting together the case about why our company may be perceived negatively by others who are looking to buy in.

It’s important that we don’t fall in love with a share, and remain objective about its performance.

I stress that I am at risk of being one of those people - that view the company as doing no wrong. However: I am trying to not be blind to what other may see as happening here. There is no reason that I can logically understand for the share price performance. As we are still AIM listed, people may fall in to the trap of other AIM stocks. Is there a leak and something has ‘gone wrong’? Is there a reason as to why the co don’t give us the details we have been asking for, for a long time? All the potential ‘finds’ are just that until detail is provided. Why no detail on the government talks?

I must stress again, I don’t believe the above to be a concern. I’m just speculating as to why others might.

[wanobi] 27/5/2020 10:36

rightly or wrongly I've been adding 4D on the way down :-) LOL,,, oh what a game this is :-) GLA Cheers Wan :-)

[ilostthelot] 27/5/2020 10:33

I also added POG fozzie.

[wanobi] 27/5/2020 10:32

well done fozzie :-) nice, very nice :-) cheers Wan :-)

[ilostthelot] 27/5/2020 10:32

Absolutely riggerbeautz. I haven't bought or researched. I'll have a look at it though. Thanks.

[gold finger 1] 27/5/2020 10:32

skeptic

Come on, a declining share price every day?
Brokers notes seem to have vanished?
Limited interest from the BOD?
Promising something and then not delivering?

This is the fourth day of a decline.
Broker notes have not arrived YET.
I don't know how you can say a limited interest from the BOD.
Also he has not promised anything and not delivered.

All the RNS over the last year have not contained one piece of bad news.
If Mr market decide to see it differently as bill said, their is nothing he can do about that.

[brasso3] 27/5/2020 10:30

2S

You are talking about developments that would occur after the current expiry date of the mine. Is that not part of the problem?

Did we really think 3 years ago that production would remain flat over the following years?

[fozzie] 27/5/2020 10:29

Can i take back my 'perky' comment on ODX please? I have vastly underplayed it, whoosh, CEO on Sky News.

[laurence llewelyn binliner] 27/5/2020 10:27

#3Sporrons... it is still a good hold here for the increasing dividend and portfolio diversification, with the upside to come from the increasing cash position generated by POG.., but in the absence of a growth driver for profits and the SP, I still expect it will settle lower at a point where the dividend looks more attractive..

Not taking anything away from the BOD they have done a fantastic job to get into production and with a sustainable dividend, I have nothing but admiration for achieving what they have done and wanting to just crank the handle on with what they have built, sit back, smile and watch the cash roll in during a time when business is in general crisis, protecting the company is paramount, staying safe and surviving comes way ahead of growth, new risks are secondary, by a long way..

You can never do enough to keep the market and investors happy no matter what you do, best to ignore it and stick to strategy.., if investors like what they see they will buy it, if not they will look elsewhere ..

[2sporrans] 27/5/2020 10:26

Brasso

Agreed Bill didn't put across a lot of ambition when he spoke last week; the way he put it that 100k GE production was the max going forward must have capped a lot of expectations amongst those listening.

Yet, isn't the ambition clearly stated as in the 2nd priority of AAZ, the kernel of which is:

"Gedabek is highly prospective with the potential to host a large porphyry system

o Porphyry evaluation is planned for three years from 2021 to identify a mineral deposit suitable for mine development by 2024

o A porphyry ore body could potentially provide sufficient ore to extend production into at least the mid-2030s"

If this comes to fruition, then great potential for a much larger scale of production follows; from 2025 at earliest admittedly.

Then again, guess a lot of investors are/were hoping for expansion well before then.

Yourself included?

[avsome1968] 27/5/2020 10:24

Could be right Bumpa

[fozzie] 27/5/2020 10:21

Top up in POG for me sub 24p, it's a long term hold for me so daft not to even though my average price rises. DDDD/ODX both perking up.