Anglo Asian Mining Share Discussion Threads

[wanobi] 09/6/2020 15:34

AAZ firming up I see :-) excellent, GLA Cheers Wan :-)

[avsome1968] 09/6/2020 15:32

Just had a small top up in TSG think the dow will weaken H2 and gold will accelerate by year end, we shall see.

[onedayrodders] 09/6/2020 15:26

so good he said it twice

:O)

[jbe81] 09/6/2020 15:19

Quite a rollercoaster for vivid stocks today

[jbe81] 09/6/2020 15:19

Quite a rollercoaster for vivid stocks today

[jbravo2] 09/6/2020 15:00

Exactly.
Safe as houses.
Stays around this level for a while or a bit longer than we might guess but it WILL move up SIGNIFICANTLY soon.

[donald pond] 09/6/2020 14:58

I agree Matt. FWIW I don't think there is much in the Hardman report that is new. This was very much hinted at in last years report. The fact that they continue to mention a major porphyry system suggests that 12 months on, all of the work that has been done is reinforcing that likelihood.

But, do we think that Stephen and Katherine have been sitting around doing naff all? No, I've no doubt they have been working hard, for a year, with all the airborne survey information to guide them. And so far we've been given a few snippets but not much more. So its a waiting game. What we do know is that if there is good news and you want to buy shares in any quantity, you won't be able to.

And the worst case scenario? Well, is you assume gold stays above 1600, it looks like picking up huge dividends and having a company valued at net cash before too long.

[donald pond] 09/6/2020 14:48

The report is very good as far as it goes. It leaves us where we were before, picking up 6% a year, the company adding $20m a year on top of that to its coffers, and the chance at any time of significant news landing on new finds and resources.
The challenge is to get in from of those managing institutional monies so they can see that if their job is to generate predictable income, AAZ may be a better bet than the CNAs of this world.

[gold finger 1] 09/6/2020 14:48

Great report.
Great company.
Great management.
Great yield.
Great future.

[jbravo2] 09/6/2020 14:46

The dividend expectations are above what I was expecting for 2020

[baddeal] 09/6/2020 14:40

I had assumed given DDs great expertise that he likes to share with us all he had bought in at 5p and sold out at 170p.....maybe not.

[wanobi] 09/6/2020 14:29

The little book of Bull Moves in Bear Markets by Peter Schiff arrived today Rb,,, many thanx again for the heads up on it,,, I shall start to read it asap :-) Cheers Wan :-)

[jbravo2] 09/6/2020 14:18

Don’t sweat it Matt
The smart money is still here
Unfortunately there’s someone who’s taking all his clients money elsewhere.
We’ll just have to manage without him.
You know, like we coped without him from 5p

[goldrush] 09/6/2020 14:17

We always knew Ordubad could be important......but it could be very important....huge even.....IMHO

We know Azergold has some important deposits adjacent and of course it makes sense this could be an expanded j/v operation....

And it is great to be reminded that Ordubad was where originally AAZ was going to make its mark....

I particularly like this bit from the end of the Hardman Report in the Ordubad section Page 36 " Although no specific mineral target is yet to be identified for bringing into production, the “Strategy Update” from 21 May 2020 was unsurprisingly upbeat about Ordubad’s prospects, "

[brasso3] 09/6/2020 14:14

Today was my first day back in the office (volunteered before I completely lost it). I see I missed the action at CCL as it spiked above 1700p. :(

[friendzarin] 09/6/2020 14:09

Well said Matt.Prescient even , as far as I am concerned.

[brasso3] 09/6/2020 14:06

I still think that 113p gap is in play at AAZ. I am ready to take another 10k if its on offer.

[wanobi] 09/6/2020 14:05

AAZ - very muted response to the note today,,, fine by me,, LTH's waiting to see if traders sell up and move on giving them a chance to buy more lower,,,, but, so far it's held steady,,, so perhaps the ST traders are now gone and we'll see some steady accumulation by new and existing LTH's,,,, all providing Gold holds up :-) Cheers Wan :-)

[mattjos] 09/6/2020 13:56

increasingly the CV19 stats out of the USA are actually starting to get worse rather than better.
I think they have pushed too fast to get going in several states + peoples behaviour has been pretty stupid.

If the USA virus resumes an upward path this next 2-3 weeks, that will send the general market into a tailspin & accelerate further stimulus / QE whatever its called now.

Some people might think AAZ has become 'boring' now after the last 4 years of rising but, i am staying put … broader uncertainty seems to be growing and not receding. I'd rather be an investor in a company that mines Gold & has a very significant cash buffer & that not only pays a dividend but, is increasing the payout rate.

Rest of you can go chase something else on the dancefloor if you wish but, I'm staying put right here for the forseeable .. this current mess is a long, long way from being over

[wanobi] 09/6/2020 13:50

yes, very nice steady rise, steady accumulation of shares, all looking good for year end first gold 11% :-) Cheers Wan :-)

[11_percent] 09/6/2020 13:38

PUR

Going higher as gold is more or less static.

[terropol] 09/6/2020 13:29

Well gold price looking to get stronger, that is more money in the Bank.
Cash is the company account will do the talking. We also know that we are not short of ground to dig and transform in Us Dollars.

Now over to Stephen Westhead and team to brighten our horizons....

[jbravo2] 09/6/2020 13:21

Been out all morning.
Nice report.
The cash, it’s all about the cash generation.
So profitable.
And it’s going to get better.

[wanobi] 09/6/2020 12:55

EML



Cheers
Wan :-)