Anglo Asian Mining Share Discussion Threads

[wanobi] 28/6/2020 18:28

EML -

Cheers
Wan :-)

[pantsonfire] 28/6/2020 16:20

Thanks Wan. I'm happy in all respects, particularly with the snoozing part... if only the pubs were open. If you don't mind I'll post the occasional update here with any specific news. Let me know if it gets boring.
I'm not skilled in charts, but am glad to hear that you see something positive there. It's crystal ball glazing to me! These days from experience I tend to look at the directors, and their backgrounds. Do I have confidence in them? I know I shouldn't, but I've invested quite a lot (for similar ventures) in both PXC and GRL as I like the management in both companies. In PXC I know some personally from meetings, and trust them. From GRL from previous companies, and I know that their chairman and 28% shareholder (Bill Trew) would just hate to see any dilution, so he is going to build this plant with the money he's got.
I would be surprised if either of these companies failed to achieve at least a 3 fold increase in their share price by year end. The economics are there, and I'm sure we'll be seeing it coming out in the next period. PXC with their first Red Star core results, plus new analyses from Empire, and GRL from their annual accounts and directors reports, which must be due soon.
I'm glad you're in PXC, as it would be a shame to miss.
Carry on snoozing. There's work tomorrow....

[mad foetus] 28/6/2020 16:08

And here's another nice chart, adjusted for inflation this time htTps://twitter.com/raoulgmi/status/1277247782613639168?s=21

[bo doodak] 28/6/2020 14:25

The biggest decision that needs made at this point is what percentage of gold and gold miners one is prepared to hold right through any coming 2nd crash, compared to cash, which if it is coming, will be upon us within the next few months, and what likelihood one ascribes to such as possibility.

I believe this scenario will occur. Gold will be crushed just as much as everything else (precisely because it always has a bid in times of trouble, and is therefore serving its purpose), in the rush to liquidity, as the USD goes much much higher. The FED is not bigger than the market and it will be impotent, for a short while at least.

Its only afterwards, that gold and gold miners can and will begin their final upwards outperformance stage.

There will still be plenty time to re-join the party, as its not even started yet so no need to take that risk and be over-committed at this stage.
Tortoise and hare scenario seems appropriate right now.

[wanobi] 28/6/2020 14:07

thanx PoF, it has been a very pleasant and relaxing weekend for me,,, in fact I snoozed most of yesterday afternoon :-) LOL,,, :-),,, I'm not sure I can add much to the PXC fundamentals story as there are far more knowledgeable and skilful than I that have looked / invested in it... but, I do know one thing in regard to copper which I've known for years and never understood why it has not been capitalised upon and that's its use in the medical field..... particularly right now,,, Copper’s Virus-Killing Powers Were Known Even to the Ancient Egyptians!!!!!



it should be replacing stainless steel surfaces everywhere!!!

I wish you and all PXC holders the very best of luck and success...

btw, chart still looking very good indeed, Golden Cross, good upward trend channel established,,, just the one break away GAP at first glance, which has been left behind a while ago now :-)


free stock charts from uk.advfn.com


Cheers
Wan :-)

[mad foetus] 28/6/2020 14:06

I would also suggest people look at a chart of stocks v gold, such as this one: htTps://www.macrotrends.net/1437/sp500-to-gold-ratio-chartIt is clear that most trends tend to last a long time, and it looks like the period of gold outperforming stocks is relatively young. Usually the trend ends when the ration of SPX to gold is below 0.5, so either SPX corrects sharply or gold ends up around $6,000. But who really knows? The key for me is that the relationship is like a super tanker: it takes a long time to turn and then keeps going in the same direction for ages.

[supercity] 28/6/2020 13:53

If you put a 20 year gold chart on your screen you can see how gold pretty much went up in a straight line from 300 to a peak of 1900 dollars.It then retraced to roughly 1000 and has since been on another steady climb.It is heading back to test 1900 where it will either find resistance and fall back again at a double top or smash right through it in to no mans land (hence the heady predictions).Those who do so will obviously manipulate it where they can but if many people feel we are reaching the peak you can rest assured that those with the money will try to rinse any of these speculators that are short with a huge short squeeze - my prediction is that this will happen once it tips 1900 dollars again.

[wanobi] 28/6/2020 13:52

many thanx for the heads up Stig, great spot,,, interesting indeed :-) GLA EVG / PYC Holders,,, Cheers Wan :-)

[mad foetus] 28/6/2020 12:47

To complement Matt's view yesterday this gives a potential path on GDX: htTps://twitter.com/thelastdegree/status/1277157711864647680?s=21

[pantsonfire] 28/6/2020 11:26

Good morning Wan et al. I hope you're all enjoying the weekend. Please don't forget your promise Wan to look up PXC. We're due an update very shortly (before end June we were promised) with their first drilling results from the Red Star starter project. Looking at Goldstone, anther small cap gold miner, if they can raise the funds for their project in Ghana, then I'm sure PXC can in Idaho.
Back to the garden....

[maxplus2] 28/6/2020 11:22

As some people are suggesting the price of gold will rise (2000+) due to faltering economies and rising debt, surely there will be an instant of time where even smart investors (who determines supply and demand) will decide it is way too expensive. As such a correction factor will be applied.

[gutterhead] 28/6/2020 11:08

LLB
You’re right
As frightening is that we know it’s coming but most of the population don’t see it coming.
All the big corporate failures and job losses are secondary to perceived bigger headlines; I’m not saying other headlines aren’t important, but the economic situation will be more widespread in its effect.
The economics do point towards rising gold and whilst I accept charts and Fibonacci have their place, they do point towards how an existing trend may play out.
We are well set but I do think we are going to need some substantial news to get the 200p plus momentum.
Meantime, the growing div is delightful
Good luck all, be patient

[gold finger 1] 28/6/2020 10:57

Very interesting matt.
But what happens after wave 5?
Do we go back and start from wave 1 again?

[laurence llewelyn binliner] 28/6/2020 10:32

USD2000 POG by Xmas...? EW waves aside, and just on economics..

I think so yes, can anyone propose a case for why gold will reverse its current upward trend..?

Global government debt to GDP was exploding before CV19 so I was in the FY2020 2000/Oz camp already, The CV19 Epidemic/Pandemic is going absolutely nowhere until we have a vaccine and that is 12-18 months away, until then it is just disaster management and currency supply will continue in forms of QE/Bond buying/Helicopter money, the US has no choice but to try and keep all its plates spinning or Mr T can kiss a 2nd term goodbye if blue collar workers all lose their jobs through corporate collapse..

How many more examples do we have to see on big Corporate getting into trouble through being over indebted ..?

Intu now, GBP4.6BN in debt and no rents coming in, and with property asset values tumbling they failed their bank lending covenants debt to value ratio tipping them into administration and handing the keys over to be sold off..

Lufthansa lost EUR1.2BN in the 12 weeks of Q1, and they were flying for most of it, Q2 has wiped out their entire cash reserves with a burn rate of EUR1.1M an hour 24/7...

[the stigologist] 28/6/2020 10:14

I noticed Physiomics PYC have recently followed Evgen EVG on Twitter. (Watch this space?)

I've put together a THREAD of Video clips from likes of Simulations Plus, Roche, Goldman Sachs explaining what

Modelling and Simulation is

The future potential of In-Silico Clinical Trials

And the extension of this into Personalised Medicine



I think these videos certainly helped me understand Physiomics (PYC) and its market better

Helps answer some of the common troll de-ramps as well

"Physiomics have been around for years but not delivered anything" (the 'new' CEO who has been there for 3 years has delivered Compound Annual Growth Rate between 2017 and 2019 of 70% taking Revenu from £100-200k p.a. range to £750k+)

"Physiomics don't add much value if they're only getting £35k or £70k contracts" (they got a 500k contract from just one large Pharma Merck KGaA and are on the cusp of getting another six-figure contract from another Large Pharma any week now)


Modelling and Simulation has partly been reliant on development of computing power (Think recent innovations like Tesla electric car or Apple ipad... these weren't new ideas... Most of the cars in early 1900s were Electric (until Ford's Model T came out)... Apple tried and failed with their 'ipad' in the 1990s the Apple Newton. Sometimes it takes years for a product to be at the right price point / point in its development cycle / tipping point of market acceptance.

Development of models/algorithms/data sets/customers/relationships take years to build. PYC have developed all of those in its field. They now have 10+ years of developing what Warren Buffet calls a 'MOAT' ( ) to act as a significant barrier to entry from anybody trying to encroach into this market.

Whilst Modelling and Simulation is reasonably well established it hasn't been used extensively in Bio/Pharma sector and the new and highy complex field of immunotherapy has meant there are whole new relationships to model.

Whilst Modelling and Simulation might be seen as rather dull and not adding much value the accumulation of LOTS of data working with TENS of leading edge Institutions means PYC has gained insights from all those relationships which it can then add to its model.



If you are a Roche / Pfizer / Merck / BMS / GSK / AZN you might develop your internal models but how do you benefit from the extra knowledge and insight that a third party such as PYC can gain from exposure to both your expertise and tieing it in with expertise of your competitors or indeed the combination of your products with those of your competitors (an increasing theme in Immuno-therapy area as PYC's Dual Immunotherapy presentation at AACR20 demonstrates)?

So your average deramper moron might say what do PYC gain from a £35k contract ? Well they basically get paid by a leading edge Biotech in the field of cancer immunotherapy to help them out with some 'basic' modelling work but they in turn get to incorporate some of the insights from leading edge cancer immunotherapeutics companies into their Virtual Tumour model. I'd say getting paid by Companies to fund your R&D and build your Computer models is a pretty good business idea

ESPECIALLY if you were smart enough to have the VISION to know that as more data becomes available and as computing power increases it will be possible to use AI/ML to start making connections between certain parts of those data sets and come up with unique insights into drug discovery and development?

Furthermore once the FDA etc realise that Clinical Trials take too long / cost too much / are too risky to humans/animals and that we should do more In-Silico Trials who will have the best Models to act as the baseline regulatory system to judge new drugs/combinations ?

Taking it a step forward into a future of Personalised Medicine, would it not be great if when you went to see your GP or Cancer Specialist they could enter your genotype/phenotype information and tell you for your particular cancer indication what the best potential treatment options could be in terms of dosing, scheduling, combinations, sequencing etc digging into the academic data and displaying it in easier to understand form ?

Physiomics as a small player with a disinterested clueless UK market of 'Investors' might not have the capital to bring this vision to its conclusion but there are few companies out there better positioned going into the 'land grab' phase of this market. Ultimately this is something the huge Data players like Google will want to play in (Google acquired UK Deepmind for $500m in 2014 and Deepmind now have a Healthcare division ; Jeff Bezos and Bill Gates have funder Cancer hily grail finders 'GRAIL Inc') and likes of Schrodinger / Certara from traditional computational biology may look to get involved as well as new AI focused unicorns like Benevolent AI / Exscientia / Flatiron )

The UK investor market was disinterested in ODX and GDR and NCYT and AVCT for YEARS and YEARS. It was only the COVID19 emergency AND massive Government investment/intervention that forced Investors to finally take note of these Companies.

Well the UK Government has been funding Physiomics for years to help them partner with the NHS and develop a Cancer Decision Support System ! Maybe there are some people in our NHS/Academic/Business nexus organisations who do have some vision about how the long term issue of cancer can be treated and mitigated better in future ?

[ilostthelot] 27/6/2020 23:59

Thanks Matt.

Max - read the posts again the information is all there.

We are on wave 5.

[maxplus2] 27/6/2020 22:53

Hello Mattjos

Thank you for the informed analysis.So, where are we currently in the EW Theory.
A chart describing the EW and current whereabout position is much appreciated.

[goodgrief] 27/6/2020 22:48

Clearly doing a better job than Sharesecope/Sharepad!

[graylyn1] 27/6/2020 22:48

A very interesting read............

[2sporrans] 27/6/2020 20:14

Polaris

Yup, clearly a s/ware package generated job; a sweep populates a standard proforma report.
You'd have hoped that nonetheless there'd be a minimal human editing, like at least a sanity check; failed on the divi comment score.
Could it be that in addition to the divi's being 6 month an algo. is set to check out the divis over say the past 5 years?
If the s/ware was really sophisticated, it would detect net cashflow, debt paydown, and dividend payouts, then figure/balance 'em out over whatever timeframe it monitors.

Nonetheless, the gist of the report is pretty accurate and as a heads up to entice some potential new investors to look further - possibly even US/Canadian investors - can only be helpful.

[mattjos] 27/6/2020 19:31

I am not in the $5,000 / $10,000 Gold camp. I think those people are off the reservation & generally consist of Gold commentators who are also trying to sell something.As things stand, I believe we will reach my Possibility 3 price target of circa $2,700.This virus seems unlikely to be a one & done event & further subsequent waves seem inevitable. Whether any one of those waves is bigger than the first one or, they are all progressively weaker, remains to be seen & we probably won't know the answer to that for at least another 7-9 months - during which time we also have the USA election & BREXIT to navigate.So, October thru March looks to be a period of very, very heightened risks & therefore heightened emotions .. Fear will be a dominant emotion amongst market participants & that should ensure continued flows into the oldest 'safe haven' in the world - Gold.This also ties in with a statistically strong seasonal period for the price of Gold & also October has often proved itself to the month when very unpleasant things can happen in the markets.As far as AAZ investors are concerned. We will be in receipt of two dividend payments in that timeframe + updates on Exploration & Strategy. Our cash flow and profits should remain in a strong upward trajectory. Plenty of strong reasons to keep hold and for the share price to move ahead & achieve new higher highs, imo.

[wanobi] 27/6/2020 18:43

many thanx jeanesy,,, for ease of life :-) here's the clickable link for all :-) Cheers Wan :-)

[jeanesy] 27/6/2020 18:40

hxxps://simplywall.st/stocks/gb/materials/aim-aaz/anglo-asian-mining-shares/news/anglo-asian-mining-plc-lonaaz-passed-our-checks-and-its-about-to-pay-a-us0-045-dividend/

[sh0wmethemoney] 27/6/2020 18:15

Hi Matt, thanks for taking the time and effort to post your view of the EW theory, very educational. I will carry on sitting on my AAZ holding and wi;; try to sit on my gold SB I opened on the dip on Friday afternoon.