Anglo Asian Mining Share Discussion Threads

[sportbilly1976] 24/6/2020 14:30

Had a dabble into GPSS this morning...warrants on GPM, exercise price at 43.16p in Nov'20.

GPM exposure to mineral and gold stocks, NAV currently at 57p and trading at 12-15% discount to that.

Leveraged play so not for widows/orphans etc.


DDDD - Acacia and Ocean out, sellers cleared and so stock should have a good run back to 70-80p (resistance at 60p)...where it was pre-Woodfund fund sale debacle.

[wanobi] 24/6/2020 14:29

thanx Stig, nice :-) Cheers Wan :-)

[the stigologist] 24/6/2020 14:27

DDDD

Shares in Issue c. 110m

Volume today 30m+ !!!

[wanobi] 24/6/2020 14:12

4D may be leaving the station :-) GLA Cheers Wan :-)

[saint in exile] 24/6/2020 13:49

Yep flashcrash on silver.

[lefrene] 24/6/2020 13:46

It looks as if the early birds in New York have their instructions to take gold down a peg or two.

[walter walcarpets] 24/6/2020 13:41

Thanks wan. Makes a change! This life in furlough is a lot more exciting than I was expecting!

[wanobi] 24/6/2020 13:37

nice job WW, well done Sir :-),,, I love it when a plan comes together!!! excellent work, cheers Wan :-)

[walter walcarpets] 24/6/2020 13:30

SAE absolutely flying! :-)

[jaspoland] 24/6/2020 13:27

36726 Happy to be corrected Mattjos

[riggerbeautz] 24/6/2020 13:22

Who’s Ron Jeremy ? ;)

[wanobi] 24/6/2020 13:17

free stock charts from uk.advfn.com


one for Bumpa,,, might be a trade for you if the sellers are finally out !! ??

I remain a LTH :-)

Cheers
Wan :-)

[wanobi] 24/6/2020 13:16

LOL,,, I see Ron Jeremy is in trouble DP,,,, hmmm cheers Wan :-)

[mattjos] 24/6/2020 13:02

Anyone familiar with the personal history of Mr. Vaziri will know that we are not going to be doing business in Iran

[gutterhead] 24/6/2020 12:50

i'd prefer that we became even more important in Azer, we know and trust the govt.
Reallocation of some of the Azergold area's to us could be good.
I do trust the Board to make the right decision, whatever that is

[jaspoland] 24/6/2020 12:47

DP the speculation is part of the fun. When it is finally announced it will probably make perfect sense. Oh to be a fly on the wall.

[pogue] 24/6/2020 12:44

More porn references or is that my dirty mind :0)

[donald pond] 24/6/2020 12:39

have to say I've been on a short leash during lockdown, not much chance for the other with kids around all the time

[jaspoland] 24/6/2020 12:38

Ordubad statement from 2018
Anglo Asian Director of Geology and Mining, Dr. Stephen Westhead, commented: “Now that Gedabek production is in a robust position and the exploration programme at Gedabek is well-structured, expansion of the company’s mineral pipeline for future production is taking shape. This clearly includes the mineral resource wealth of Ordubad. The company previously worked on the resources and reserves at the Piyazbashi and Agyurt deposits that, as independent deposits, are currently relatively small given the level of exploration. However, it is the bigger picture of how these quartz-gold-sulphide deposits fit into the larger framework of mineral deposit formation that is important. Given the known porphyry-style ore province and the identification of rock alteration consistent with this type of mineralisation, it is this model that will be further advanced utilising latest exploration techniques. This Ordubad area has the potential for significant company growth.”

I believe Ordubad to be our crown jewels. The location next to Iran identied an area around Tabriz to be rich in Gold and Copper. Could this give us an opportunity to progress Ordubad?

Not sure I'd totally discount Iran. A quick Google search shows Azerbaijan to have an embassy in Tabriz

[pogue] 24/6/2020 12:38

Lot of porn references here today must be the sun.

[donald pond] 24/6/2020 12:32

It wouldn't be my first choice either. In fact, I'd prefer they just get on with Ordubad.

[gutterhead] 24/6/2020 12:31

Doing business in Turkey is a nightmare
A dictatorship, incredibly corrupt and untrustworthy, Goodness I hope not
aimo

[mattjos] 24/6/2020 12:13

it's those sort of opportunities that would most likely attract Reza & team. Where previous Russian exploration data exists and ore type / geology similar to Azerbaijan.

A large part of me would rather they get awarded a much bigger new CA in Azerbaijan and therefore prevent us spreading out too far as that is greater distraction but, also sensible to establish ourselves in new territory as that will be seen as risk management by would-be investors.

I suppose this may already have been done and announced were it not for CV19.