Anglo Asian Mining Share Discussion Threads

[mad foetus] 11/6/2020 11:04

250k Oz within 24 months. Just do it.

[lefrene] 11/6/2020 11:03

Back then Bleepy it sounded like a typical AiM stock! :¬)

[bleepy] 11/6/2020 10:53

We have come a long long way since initial declaration in Admissions Document, July 2005...

2. Summary of resources
In Behre Dolbear’s opinion, the group of properties covered by the PSA constitutes a potential source of copper and gold of world-class importance and is in the pre development stage. The Directors believe that Anglo Asian has one of the largest undeveloped gold properties in Europe or Asia.
Since 1960, Soviet and Azeri exploration activity included mapping, sampling, trenching and underground exploration and Behre Dolbear believe the data generated by this work is generally reliable, reasonable and meets the criteria for Inferred Resources. In its summary of accessible ore resources, Behre Dolbear reports 2.4 million tonnes of copper, 7.2 million oz of gold and 28.1 million oz of silver. In addition, Behre Dolbear estimate that an additional 10 million tonnes of copper and 45 million oz of gold could potentially be present at the properties. The table below is a summary of Behre Dolbear’s tabulation of Anglo Asian’s gold and copper resources in those properties within the Primary Contract Areas reviewed by Behre Dolbear.

Proposed Development plan: (July 2005)

• to construct a mine and plant at one site (Pizyazbashi, Ordubad) with the expectation of producing gold at an annual rate of 250,000 oz within 24 months of Admission (assuming the successful outcome of the fast track feasibility study).


Re-reading the strategy update of 21/5/20 alongside the Hardman report(btw, thanks to Mattjos) in relation to Ordubad Prospect it was evident 15yrs ago the potential within that acreage and bearing in mind that Ordubad was the preferred start up site for a mine.
Fast forward 15yrs and the Ordubad jewel is in the polishing process. And we have Stephen Westhead’s nose leading exploration with modern technology and satellite imagery.


And that’s just Ordubad folks with directors 15yrs ago believing they had one of the largest undeveloped gold properties (Gedabek, Ordubad and Gosha) in Europe or Asia that constitutes a potential source of copper and gold of world-class importance.


And with the best source of research right here on this board, a fuller picture will emerge of the presently unfolding potential of the 3 properties and Anglo Asian Mining as both are world class.

[onedayrodders] 11/6/2020 10:47

wan ... not holding as maxed out on shares currently but I think you will like the chart of PALM, which seems on the way to completing a classic bowl short term.

GLA

[wanobi] 11/6/2020 10:00

TXP falling,,, wot, why,,,, aha, there it is KS,,,, another GAP to be filled :-) Cheers Wan :-)


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[wanobi] 11/6/2020 10:00

circuit breakers at the ready in the USA :-) LOL,,,, oh what a game this is MF :-) cheers Wan :-)

[mad foetus] 11/6/2020 09:42

Thanks wan it doesn't feel like a day to rush in and buy anything. Spread killing things at AAZ as ever. Need some news to blow the bloody doors off!

[wanobi] 11/6/2020 09:40

thanx doc60, AMC chart :-) Cheers Wan :-)


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[wanobi] 11/6/2020 09:38

MF - I'd say falling back into the channel, so in theory wait now,,,, but who knows :-) LOL Cheers Wan :-)


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[wanobi] 11/6/2020 09:35

let's hope it doesn't spin off the road Rb :-) Cheers Wan :-)

[doc60] 11/6/2020 09:29

At last, a positive rns from AMC 😉

11/06/2020 7:00am
UK Regulatory (RNS & others)

TIDMAMC

RNS Number : 6007P

Amur Minerals Corporation

11 June 2020

11 June 2020

Amur Minerals Corporation

("Amur" or "the Company")

TEO Update - Indicative Revenue Terms

Amur Minerals Corporation (AIM: AMC), the nickel-copper sulphide exploration and resource development company focused on the far east of Russia, is pleased to provide a progress update on the compilation of the Company's Permanent Conditions TEO ("TEO") for the Kun-Manie ("KM") project.

Following on from the update announced on 1 June 2020 on the generation of a copper concentrate, along with that of a nickel concentrate, using industry standard sulphide floatation methods, the Company is pleased to announce that it has been provided with non-binding indicative offtake terms for both the nickel and copper concentrates. The KM metallurgical testwork programme for the TEO is being conducted by Gipronickel Institute ("Gipronickel", a subsidiary of Norilsk Nickel).

Having these terms and conditions are key to establishing sufficient and supportive documentation that a marketable product can be generated, which is a requirement for approval of the TEO.

The provision of the potential revenue terms allows the Company to commence the following TEO tasks:

-- Report reserves based on varying cutoff grades for the alternative intermediate products. Reserves will be initially reported in accordance to that required for a TEO and per the Russian reserve classification system.

[mad foetus] 11/6/2020 09:29

Is BUR retesting breakout? If so now could be a good entry point

[riggerbeautz] 11/6/2020 09:26

Morning, AA. had a skid on the road this morning. Sat on my hands awaiting a silver spike.

[goodgrief] 11/6/2020 09:24

"A bit like gold miners Matt, it’s all been about which you choose. No different to any sector of the stock market. I’ve only dabbled in one covid stock" ... comparing AAZ to COVID stocks, then AAZ is more like Boots the Chemist!

[cinoib] 11/6/2020 09:06

gold finger, read the posts, isn't that what we just said.
d,.p. spot on.

[bamboo2] 11/6/2020 08:42

Re, Acacia, I guess it's possible that they bought the old WIM/Link Fund holdings for the unlisted elements? eg Oxford Nanopore and maybe others?

MF, see what you mean about the 4d chart.

[donald pond] 11/6/2020 08:14

AAU had a cheeky resource upgrade at 7.49, looking strong now with results and a JV sign up due over the next few weeks

[wanobi] 11/6/2020 08:07

4D might close that gap today :-) Cheers Wan :-)

A dip below 40p and its all done and dusted :-)

edit,,, all eyes on the new seller,,, will they, won't they LOL

[wanobi] 11/6/2020 07:49

many thanx kk & Stig, that johnnyb1 (many thanx johnnyb1) post is very interesting :-) Cheers Wan :-)

[brasso3] 11/6/2020 07:47

There goes $26 trillion!!!

[onedayrodders] 11/6/2020 07:36

sorry .. missed earlier post

[gold finger 1] 11/6/2020 07:36

jbravo

I have researched and had the feeling i have found a good company many times over the years.Most have turned out to be just hot air, burst and hit the floor.
I looked at one covid share very early on, and decided not to risk it. Yes it went on and and multi bagged.

I can't believe how long i have been in here now.
Time seems to just fly.

[onedayrodders] 11/6/2020 07:35

Major contract at ORPH with leading pharma for COVID vaccine study.
Shame no monetary value attributed but CEO said recently these are worth £7m a pop in revenue.

Beauty of ORPH is it has many non coved strings to its bow but in relation to Covid, it is provding services to the Pharma industry only and not trying to win the race.

And the Pharmas are lining up behind this first one.

ODR

[wanobi] 11/6/2020 07:23

Gold at 1728 :-) :-)
Brent at 40.25

Cheers
Wan :-)

[pogue] 11/6/2020 07:21

Bingo call at ORPH contract win


Open Orphan plc (ORPH) a rapidly growing specialist CRO pharmaceutical services company which is the world leader in the testing of vaccines and antivirals using human challenge study models, is pleased to announce that it has signed a major contract with a leading vaccine developer and one of the top pharmaceutical companies in the world.
The contract with Venn Life Sciences, which is part of Open Orphan, builds on earlier successful contracts between the companies and is to obtain and support market access of newly developed vaccines into the EU and US markets until the end of 2020....