Anglo Asian Mining Share Discussion Threads

[bumpa33] 08/6/2020 14:34

CCL - good call so far.

[bumpa33] 08/6/2020 14:32

Don’t think placing, would rather be looking for a double bottom early 40’s


And an indication the bloody seller has finally f’d off.

[riggerbeautz] 08/6/2020 14:30

All the Covid bingo stocks are losing some sparkle.

[donald pond] 08/6/2020 14:24

Hard to see why there would be a placing at DDDD at 40p given that the directors chucked in £2m at 50p in February

[wanobi] 08/6/2020 14:21

what do you think Bumpa, placing coming at 4D at 40p ?? Cheers Wan :-)

[pogue] 08/6/2020 14:20

Cheers Wan,
anything reporting supply issues in 2025 is just throwing numbers in the air and hoping they get one right so they can claim they were right at some point, I am sure they will fire of loads of other numbers as we go forward. Its complete guesswork, Goldmans infamous $200 call for PoO in 2008 after that crisis was even mentioned in the article.
Way too many variables biggest one I have mentioned before is Iran rejoining the oil market in a legal way if Biden gets elected and reinstates Obama's deal with them re nukes.
Meanwhile this current oil price rally may have a short end date as the news in the US is the 2nd wave of CV19 is starting to hit...

Oil price is too much of a gamble right now as nothing is clear yet on where the markets are going for certain. Fine for day traders but for longer term there maybe more opportunities.

Edit
This article just arrived in my inbox, BP are not confident of oil price demand log term clearly and are going to renewables, and firing staff. As I mentioned before renewables can be used to make hydrogen which is where the O&G contracting industry is going so expect the majors have flagged this to them.

[mad foetus] 08/6/2020 14:16

Buys coming in now at IPF, fingers crossed, I've just topped up!

[wanobi] 08/6/2020 13:42

fantastic fozzie,, well done :-) Cheers Wan :-)

[fozzie] 08/6/2020 13:40

EQT still going well Wan, i think we're going to need a bigger boat lol

[wanobi] 08/6/2020 13:32

one for you pogue, cheers Wan :-)



“The combination of the supply and demand side dynamics suggests that the global oil market could move into large and sustained deficits past 2022, reaching an extreme 1.7 mbd by 2025. Running this scenario through our pricing model suggests these balances would lead to Brent oil prices rising steadily from 2022 onwards, averaging around $80/bbl in 2023, $100/bbl in 2024 and $190/bbl in 2025.”

[wanobi] 08/6/2020 13:22

yep, I wouldn't have found anything of any use (well maybe CORA which made Bumpa and I a few quid) without all the help here and on the Mj thread... :-) thanx all, cheers Wan :-)

[riggerbeautz] 08/6/2020 11:49

Jbravo the good thing today, is that trading volume in AA. is strong enough to get bid quotes close to the mid for above 100k, so there’s an appetite to take the shares, bodes well I.m.o

[riggerbeautz] 08/6/2020 11:38

AML train is now turning into a plane.

[riggerbeautz] 08/6/2020 11:37

Very true Jbravo, I only found out about AAZ through Bumpa, who I watched trading it many years, somehow he convinced me the bottom was near in, pretty close to when it was, the rest was my own conviction to load up and hold.

Most people’s best ideas I suspect come from others, it’s how you filter them and what you do after that matters :)

[onedayrodders] 08/6/2020 11:35

ORPH .. so much for "roll on Monday"

[mattjos] 08/6/2020 11:25

yes, well posted stevea171 .. the jobs report cannot be taken seriously at this juncture & now i believe gold is reacting accordingly .. it will take a while for the data to catch up with reality. Last two prints best taken as outliers and ignored … a more accurate and less volatile dataset will soon emerge

[bumpa33] 08/6/2020 11:25

You don’t owe me anything fellas, it was a lucky call as much as a good one :)

[mr roper] 08/6/2020 11:20

Mcls and mcro both looking strong today. Worth a look at both

[callmebwana] 08/6/2020 11:16

Dead right Wan,we owe Bumpa barrels of beer.
ATB.

[wanobi] 08/6/2020 11:09

AVCT was Bumpa jb2,,, many of us owe him gallons of beer :-) Cheers Wan :-)

[lefrene] 08/6/2020 11:05

With the FED using Blackrock to apparently buy up the market, one wonders what else might not be as advertised! The only thing I have read that comes anywhere near this, was when the Golgfrincians decided to use leaves as currency, and set about felling most of the trees to contain inflation!

[wanobi] 08/6/2020 11:05

well done jb2 and welcome to the thread :-) Cheers Wan :-)

[jbravo2] 08/6/2020 11:04

Hey it’s strange how it happens sometimes.
I only found AAZ through a heads up from zhockey whilst on the EMED board. Once I pulled out of EMED I looked again and it all started from there.

[baddeal] 08/6/2020 11:01

Agree gg though I don't really believe there ever were takeover talks, my view is government realised they need to look at psa, hired some lawyers, word got out and parties used "discussions" as a way of not saying anything when probably nothing to be said.However I agree with you that board should be more open about what is or is not going on

[stevea171] 08/6/2020 11:00

Gold smashed last week on the back of a fraudulent BLS report. Is there nothing TPTB won't do to try to kill off PM's and save the US$? But as usual all this will not last with gold recovering most of Friday afternoon's smash already.

Many Americans have been taking last Friday’s jobs report as a sign that things will soon turn around, but it turns out that the report was not nearly as rosy as many thought.

In the report, the BLS actually admits that a major “misclassification error” severely skewed the numbers and that the real rate of unemployment is actually about 16.3 percent…

When the U.S. government’s official jobs report for May came out on Friday, it included a note at the bottom saying there had been a major “error” indicating that the unemployment rate likely should be higher than the widely reported 13.3 percent rate.

The special note said that if this “misclassification error” had not occurred, the “overall unemployment rate would have been about 3 percentage points higher than reported,” meaning the unemployment rate would be about 16.3 percent for May.

And according to John Williams of shadowstats.com, if honest numbers were being used and if the numbers were corrected for BLS errors, the real rate of unemployment in the U.S. would currently be sitting at 36.5 percent.

So no, things are not good at all.