Anglo Asian Mining Share Discussion Threads

[wanobi] 01/6/2020 08:56

yep, AA. nice Rb :-) Cheers Wan :-)

[riggerbeautz] 01/6/2020 08:42

Ilost, slow and steady will do it fine.

[wanobi] 01/6/2020 08:42

EML -



Cheers
Wan :-)

[ilostthelot] 01/6/2020 08:33

Thanks for that info bumpa.

[mad foetus] 01/6/2020 08:32

At least no gap to worry about at EML! Looks ok now

[pogue] 01/6/2020 08:30

A write up on the negative side of Biden for US oil if elected.
The rest of the article is quoting a report that's pretty negative on the PoO for a few years but I disregard that as its too far ahead to be meaningful.
Useful to note Biden is actually good for PoO for the rest of the world as cutting US production puts PoO up. The point the article misses is the possible reintroduction of the Obama Iran nuclear deal letting them back into the oil market which has the opposite effect.



The battle lines are already drawn in a high-stakes political contest that will ostensibly determine the fate of the American shale industry. On the blue corner is former VP Joe Biden, who has not only pledged to steer the U.S. to a net-zero carbon emissions status by 2050 but is also hell-bent on stopping key oil and gas projects on federal lands and waters including the controversial Keystone XL. In the red corner is President Trump, who has taken credit for the spectacular surge in U.S. shale oil production, rolled back a raft of regulations on the fossil fuel sector, and sworn to continue doing so if re-elected.
The dynamics in the oil and gas sector have, in the past, determined the outcomes of U.S. presidential elections, which in this case appear to favor Trump courtesy of prevailing low gas prices.
The outcome of the elections might, however, ultimately prove to be a moot point in the shale industry's grand scheme of things.
That's according to a recent report by the Rapidan Energy Group, which has concluded that whereas the shale industry is likely to bounce back faster under Trump than Biden, even Trump will be powerless to help the industry in a weak macro environment.

[bumpa33] 01/6/2020 08:17

I checked out EML with the mm’s, they had sellers all over it first thing, Berenberg in particular offering 1m. Maybe it will clear later.

[ilostthelot] 01/6/2020 08:16

AA today riggerbeautz 👍👌

[wanobi] 01/6/2020 08:12

POG - wowzer, this fake news is getting out of control,,,, lesson, always check the companies RNS !!! GLA Cheers Wan :-)

1 June 2020

Petropavlovsk PLC

Response to Press Speculation

Petropavlovsk PLC ("Petropavlovsk" or the "Company") notes the recent press speculation regarding a possible corporate transaction with its major shareholder, Uzhuralzoloto Group of Companies ("UGC"), a privately-owned Russian gold miner.

Whilst the the Company maintains an active dialogue with all its shareholders, it is not currently engaged in any transaction discussions with UGC.

[mad foetus] 01/6/2020 08:12

If you had told me that at 8.10 DDDD would be up 4 times more than EML, well, it's a game isn't it!

[riggerbeautz] 01/6/2020 08:12

All good things come to those that wait mf........ sometimes lol

AA. Is off and running :)

[mad foetus] 01/6/2020 07:49

I've been invested in EML for at least 2 years...there is a lesson there about not buying too early. But my average price is probably between 3.7 and 4.2 (honestly don't know as it is split across so many accounts). My point is that if it does go the way of AAZ, we're at the start of the journey. Those that got in early were just stuck in the waiting room for a while. There is no way in which it is too late to get onboard.

[wanobi] 01/6/2020 07:47

Good morning Rb,,,,,, LOL MF, cheers Wan :-)

[wanobi] 01/6/2020 07:45

yep, that seems to be a winning formula SB and well done for executing it with EML, you deserve the rewards it will surely bring,,, excellent work :-) cheers Wan :-)

[riggerbeautz] 01/6/2020 07:44

Morning, sun out everyone feeling positive

Lol mf

[sportbilly1976] 01/6/2020 07:41

can i add my nod of thanks to those on this and the main board here...the past couple of years tracking and invested in AAZ from the 60-70p range etc gave me two things:

a) the cash to invest significantly into EML (to a 7-figure holding) and
b) the understanding that the best way to make significant returns is to buy a Company overlooked and undervalued and then hold, hold and hold as the wider market finally recognises this (which I what I intend to so)

Those on the main board who invested here in the 4-10p range made me look at Companies in that price bracket...I was very fortunate that the first one I looked at happened to be EML

AAZ is still undervlaued imo and I wish all investors good luck here as the mines get developed..

[wanobi] 01/6/2020 07:32

Brent at 37.74,,,, Gold at 1742,,,, :-) :-) :-) Cheers Wan :-)

[wanobi] 01/6/2020 07:29

EML -

Cheers
Wan :-)

[wanobi] 01/6/2020 07:26

POG -

explains the large buys on Friday we all speculated about :-) LOL

Cheers
Wan :-)

[wanobi] 01/6/2020 07:24

thanx Bumpa, I tend to agree with you, whether they need to or not, to me, it all looks set up for the share price to get bought up and a raise done for comfort as much as anything else,,, but, let's see,,,, happy to be right OR wrong on that as I don't see it holding the share price back over the longer term,,,, in fact, it might just send it higher, quicker.... Cheers Wan :-)

[sportbilly1976] 01/6/2020 07:22

There's always been a huge disconnect between project cash flows and market cap.Hayden's previous Company (Highfield Res) were valued at 28% NPV after FS release....

[bumpa33] 01/6/2020 07:21

well there’s your feasibility study in EML, well done.

And there’s my £1.2m in cash remaining as of 30/04. I wasn’t too far out. They’ll raise I’m certain, though not necessarily a bad thing.

[wanobi] 01/6/2020 07:17

I can see why MF, well done,,, MCAP of 41m looks a bit low to me based upon these numbers :-) LOL cough cough and whilst it's only a feasibility study,,, it looks to be an enormous cash cow in the making,, share price should rocket today on this I feel,,, but then I often get that wrong,,, fingers crossed, not long to wait to see :-) Cheers Wan :-)

LOM is a dream MF,,,, if only AAZ could come out and give us a number like that :-) LOL, I know, they will, just have to be patient Wan :-)

"initial mine life of 19 years. Significant potential remains to increase the mine life by including additional resources, notably in the south west of the project area, and through further exploration work."

[mad foetus] 01/6/2020 07:12

EML is my biggest holding after AAZ, should be an interesting few days, they will really want to get the share price up and to get on the radar to get into a competitive funding situation imo. It looks an "outstanding" prospect!