Anglo Asian Mining Share Discussion Threads

[onedayrodders] 24/7/2020 20:31

OneDayRodders - 21 Jul 2020 - 20:41:02 - 22942 of 23091


Hope some were persuaded at a nibble ... NRG:TSX up 28% on no news today

best
ODR

[the stigologist] 24/7/2020 20:17

INDV chart is nice but not sure how it becomes a £5 stock again without a new blockbuster (INDV2000 /C4X3256 ?)

[the stigologist] 24/7/2020 19:37

Incredible chart this

Finally after 2 years C4XD have broken above the 200 day Moving Average and broken a long medium term downtrend

There's a gap from c.20p to 40p that needs filling

This could and should go vertical in coming weeks

It has totally missed UK biotech boom because the market was so worried that their one licensee Indivior would be 1) made bankrupt and/or 2) not be allowed to sell through US Government programmes

Both those threats taken off the table

INDV could easily make the decision that it makes sense for them to buy C4XD for £40m or £60m or £80m and thus save themselves $294m in licence milestones and royalties

Meanwhile C4XD like EVG have a NRF2 compound which is highly promising along with an IL17 one. Both could be licenced by bigger biotechs/pharmas to be taken into clinic

[the stigologist] 24/7/2020 19:10

C4XD is big winner from INDV

They have $294m licence deal

C4XD mkt cap £20m now have chance of payouts

[gtaval1] 24/7/2020 19:04

£3 will do me. It will make up for my oil losses.

[mattjos] 24/7/2020 17:21

hardly surprising is it?
The way gold is shaping up, I fully expect to see some further broker/commentator coverage for AAZ before end of the year with price targets at least 50% higher than current £2 target.

[callmebwana] 24/7/2020 17:10

Well Wan,we did discuss INDV quite a bit the other day. I said I would value the share price at around £1.20 and that is where it has finished today after going high af £1.35. The only value I see there now is perhaps a bid for the Co from a big USA pharmaceutical.
ATB.

[jeanesy] 24/7/2020 17:02

Thanks pogue. I just think that the shares should be much higher at the moment after what for them is a great deal. To have the level of expertise that they have at their disposal is fantastic. I will see where it goes short term but there were some massive trades at much higher prices last week.

[jbravo2] 24/7/2020 16:47

Big breakout in gold?
I’ll take just another “small breakout” if that’s what we’re currently having

[wanobi] 24/7/2020 16:42

thanx all for your contribution this week,,, I'm off for a cold beer :-) LOL,,, wishing you all a fine weekend, cheers Wan :-)

[pogue] 24/7/2020 16:25

jeansey
CGNR I think reading some of the comments from current holders will have a fund raise in due course, I also don't like the sound of the management which for me is a massive no no on the AIM.

[jeanesy] 24/7/2020 16:08

I have decided to buy a few CGNR just now . Interestingly you can buy and sell for the same price. There were some big trades when the news of the JV was first announced and they have fallen back now. Its a bit of a punt I know but if anyone can make it work then hopefully AAZ will. What does others think about CGNR as an investment ?

[callmebwana] 24/7/2020 15:54

INDV,has made a deal today with the prosecutors subjects to the approval by the judge.

[wanobi] 24/7/2020 15:47

oops, me and my big foot!!!! LOL Cheers Wan :-)

[riggerbeautz] 24/7/2020 15:44

Bumpa will scold you saying that, despite the hype around CV, its much more about other Sfx-01 uses.

[wanobi] 24/7/2020 15:33

thanx for heads up Rb, thanx Bumpa, EVG, bought today :-) fingers crossed,,, possble cv-19 treatment, other trials going on, low cash burn, CEO not replaced,, stock being accumulated,,, all fun and games by the looks of it,,, just imagine where the share price will be if the Cv19 trail goes well :-) LOL fingers crossed, cheers Wan :-)

[wanobi] 24/7/2020 15:30

thanx stig, cheers Wan :-)

[mattjos] 24/7/2020 15:00

I'd suggest that is where the smart money is now positioning itself for the big breakout in gold - Nov/Dec

[mattjos] 24/7/2020 14:59

"While spot gold prices are about $20 away from the all-time high, some futures contracts on the Comex are already trading even higher. December, which overtook August as the contract with the highest open interest according to data released when Friday’s Asian trading session was already underway, touched $1,927.10 an ounce Thursday. That’s above the record for the most-active contract of $1,923.70 reached in 2011."
Bloomberg

[king suarez] 24/7/2020 14:48

"even a $750 margin on 75,000 ounces being more than $56 million"

Yeah, except the margin is currently about $1,300..

[bonio10000] 24/7/2020 14:45

Wasn't the GDX circa 70 when prices were this high in 2011?

Miners are still underbid imho.

[the stigologist] 24/7/2020 14:40

Myles McNulty the AVCT guru who ten bagged his investment has now bought Physiomics PYC

I believe Myles is an intelligent fellow and if he reads PYC's RNSes about their proprietary Virtual Tumour cancer model, notes the validation of Big Pharma,Leading Biotechs, UK Govt, Britain's leading Cancer Research Institutes (CRUK Cancer Research UK, ICR Institute of Cancer Research), Oxford Uni and the NHS he will realise PYC is his next big winner

[lefrene] 24/7/2020 14:36

Hard money thrust upon a system that's been borrowing money at almost zero, to buy in shares of companies with shrinking profits, now that should make for a very interesting re-adjustment! Are they finally fed up with the antics of the Banks causing one boom and crash after another? This time they were lucky to have a virus to exaggerate to hide the banking scandal begun on 17th Sept, but perhaps a few heads on Capitol Hill are finally saying "never again"! Also of course the current money creation could easily lead to loss of confidence in the $ dollar, so backing it with gold at $2000 or $2500 an oz would be a backstop and also fend of the gold backed petro-yuan. AAZ feels a good place to be just now.

[allseeingeye1] 24/7/2020 14:33

Aaz Tipped on share prophets

Anglo Asian Mining (AAZ) has announced a non-binding heads of terms agreement for its “first enterprise outside of Azerbaijan”5279;...

This is an earn-in agreement for the Longford Down Massif gold project in Ireland, including ‘Clontibret217; and ‘Clay Lake’. Clontibret has a JORC compliant resource of over 500,000 ounces of gold and remains open in all directions, as well as to depth, with significant gold intersections having been recorded outside the current resource area, Clay Lake has offered encouragement from soil and rock chip samples and drilling and there is a further area of over 372 square kilometres with targets defined by soil geochemistry and supported by geophysical data.

The proposed agreement is for a 17.5% interest for expenditure of €2 million, a further 7.5% for a further €2 million and a further 30% for the Clontibret licences to mine construction-ready status together with a further €3 million in exploration work, with also Anglo Asian getting a number of warrants exercisable at 16p and 26p.

Those are for shares in - and the agreement is with - Conroy Gold and Natural Resources (CGNR) - as Nigel Somerville reminds, a heavily technically insolvent company with accordant risk, but Anglo emphasises there is no upfront payment, “many synergies such as the type of exploration and the potential mining techniques exist between the company's current activities in Azerbaijan and at the Longford Down Massif” and it “well within the capability of the company to manage without impacting the development of its projects in Azerbaijan”.

They remain the key here – and an update on Azerbaijan production last week seeing us conclude even a $750 margin on 75,000 ounces being more than $56 million. There are clearly some current production challenges but we continue to believe a 200p+ share price is fairer on the suggested further outlook. Currently at a 133p offer price, still a buy.

Still forward to our tussle @jbravo ;)