Anglo Asian Mining Share Discussion Threads

[ilostthelot] 06/8/2020 14:23

Yip good call on ARB brasso. 6p has been strong resistance.
Down trend broken as well with high volume. BTC broke out on monthly chart.

It is a technical buy all day long. Imho

[wanobi] 06/8/2020 14:07

great to see another AAZ thread excellance, well done for setting it up and I wish you the very best with it and your investment in AAZ,,, apologies for seemingly taking so long to post that,,, but, I only saw your thread today by chance...

cheers
Wan :-)

[wanobi] 06/8/2020 13:57

AAZ - quick catch up on all three current threads,,, seems LTH's, experts & those in the know like this a lot,,, so that's good enough for a simpleton like me,,, hopefully the 'foolish' part of its definition and not the 'gullible' part :-) LOL,,, GLA Cheers Wan :-)

[goldrush] 06/8/2020 13:49

gf1

That's what they do.....the MM's are experts in confusion, and mixed messages....I think you have a point that there has been a buyer around for a while....that the MM's help orchestrate and pull the strings to get the shares from the peeps who want to trade and worry about penny movements....BUT that is their modus operandi.....IMHO

[gold finger 1] 06/8/2020 13:38

Have you noticed how when there are large buys they are reported out of hours.
But if its a sell its held back to be put into trading the next day?
I am not saying all but some are. Take last night,two large buys after hours and they get reported. Now one large sell at the same time,held back to put into trading column the next day when it suits them.

[walter walcarpets] 06/8/2020 13:33

Just got some VDTK - innovative solar play. It's the future of energy!

[brasso3] 06/8/2020 13:32

Maybe stock up the £ notes ready for emergency toilet roll during the next lock down!

[jbravo2] 06/8/2020 13:28

Nothing to see here
Just profits going up as gold rips up
Same old same old

Sellers now wondering what to do with their paper
Same old same old

[excellance] 06/8/2020 13:24

Gold taking off again

[brasso3] 06/8/2020 13:20

ARB is breaking out.

[bleepy] 06/8/2020 13:13

Gosha

Drilling continued close to the Gosha underground mine targeting areas of extension to "Zone 5" and the area between "Zone 5" and "Zone 13"

2,980 metres of core drilling completed confirming the extension of mineralisation with significant gold grades of up to 15 grammes per tonne

A new geology map of the Gosha CA has been completed. The map was created based on Soviet, Azergizil and the latest AIMC data. Based on interpretation of this map, 15 porphyry mineralisation targets and 13 Au-Pb-Zn mineralization targets have been identified.

Whilst still being evaluated as a total dataset, the assay results confirm that gold (“Au”) mineralisation exists at depth below ‘Zone 5’; other zone targets have been identified and are currently under investigation.

Exploration work is progressing well. Further work (predominantly DD drilling) is planned at Gosha to test other targets away from ‘Zone 5’; an additional drill programme is also planned for Asrikchay after completing IP geophysical interpretation. Regional OC sampling will continue over the Gosha CA, focusing around the Gosha mine, Asrikchay, Khatinca, porphyry and Au-Pb-Zn targets.

[gold finger 1] 06/8/2020 13:05

Looks like getting past all time high is going to take a little doing.
Then clear skies.

[the stigologist] 06/8/2020 12:29

PYC Physiomics

Simulations Plus $SLP a Nasdaq listed comparator of Physiomics in the Modelling and Simulation / Biosimulation sector has announced a $100m offering with main highlighted 'Use of Funds' being 'STRATEGIC Mergers and Acquisitions'

Physiomics at an Enterprise Value of only £6m and Mkt Cap/Sales of 8x (with Sales growing 70% CAGR) looks very vulnerable to either SLP (Mkt Cap/Sales >30x and growing Sales at CAGR of 10-20%) or SLP's larger peers Certara / Schrodinger ($SDGR)

Simulations Plus don't appear to have any offering in Physiomics' Immuno-Oncology specialism so Physiomics would meet the criteria for 'strategic acquisition'

Note also Physiomics have previously noted recent Industry M&A including that conducted by Simulations Plus. To me that is a hint that Physiomics have had 'informal approaches'.

[brasso3] 06/8/2020 12:21

Looks like a cup and handle on the EVG chart. I am forgetting 20p there in the short/ medium term.

[jaspoland] 06/8/2020 12:15

The sky's will soon be clear Blue and the ground is Golden. Well done AAZ.

[mattjos] 06/8/2020 12:06

this is the most exciting development for quite some time at Gedabek, imo.
All the prior data over the years has consistently suggested there is much more ore at depth and higher grades also.

[sh0wmethemoney] 06/8/2020 12:05

100k trade from yesterday reported.

[bleepy] 06/8/2020 12:01

And what lies beneath open pits 2,3 and 5...

Pits 1,4 and 6 getting a mention as access to Gadir and egress portals.

Am thinking Gedabek u/g mineralisation lies beneath the whole of the open pits complex and the backwall, hence the portal and tunnel from being driven from there.

[excellance] 06/8/2020 11:55

Going blue soon, mind yesterday's close at 174p was am anomaly, was 172 all day.
173 now so looking good.

[2sporrans] 06/8/2020 11:34

Felt i ought to re-post this.
I omitted the important text 1st time being so focused on just the new portal/tunnel; its purpose is what is important:



"Planned Exploration Activities H2 2020 in Gedabek CA

Underground tunnel development from Gadir to the target mineralisation zones at depth
below the Gedabek open pit will continue.
Currently the tunnel is situated about 120 metres below the pit floor of Gedabek OP (Pit#4).
During 2020, it was planned that a critical milestone in the development of Gedabek Underground will be achieved, namely, the underground tunnelling being extended between Pit#4 and Pit#6 and depending on exit designs possibly to Pit#1 (Figure 36). However, a new ramp development is under construction accessing the mineralisation below the backwall in the Pit#6 area has commenced. This will allow rapid assessment of the high-grade mineralisation and down dip continuity of the zone below Pit#6.

This tunnel will also provide for the construction of exploration tunnels and drill chambers and, depending on tunnelling plans, may cater for ore extraction during development.
The aim would then be to link this tunnel to the underground tunnels constructed from Gadir, thereby allowing for two means of egress from Gedabek underground.
As with previous years, efforts will also continue to expand the reserve footprint of current operations."

So, will the initial, Q4 production refered to in the Q2 production report
be of development ores in the pit 6 area, maybe extending to below pit 4 too?

Whatever, it will be a contiguous development when complete: under pits 1, 6, 4...
all the way though the Gadir resource along the first access passageway to below pit 4, currently well into development.

[2sporrans] 06/8/2020 11:20

Nice take on Avshancli 1 Thomas.

Being given high priority for H2 of course.

hope we get a Q3 RNS

there's so much happening.

[mattjos] 06/8/2020 11:20

they absolutely will lefrene. the details in the report are fantastic & now becoming much clearer as to their thinking

[polaris] 06/8/2020 11:17

I was a little bored this morning and looked back at some of the posts/discussions at the onset of the lockdown, when the markets were very volatile.

Post 33585 sticks out now as a LOL...the discussion with trader365 about the direction of the share price It was mid 90s p at the time. We said up and they said down!

trader365 signed off with:
Bury your head in the sand if you like, I'll be back in a few weeks to wipe the egg off your face for you...

Hats off 365, you got it right. The share price is now in the 60s...oh wait...there is a 1 in front of the 6...LOL! ;-)

[lefrene] 06/8/2020 11:14

I suspect the 'sell on the news' brigade, will shortly regret their haste.

[riggerbeautz] 06/8/2020 11:10

Lol Pogue just had a quick check back in and that comment made me chuckle.

Anybody trading AAZ is going to find it hard to churn in a higher price P.M market because they are printing cash by the bucketful, only a minor production blip might provide a temporary opportunity but counter that with the next set of financial’s and it will underscore the valuation disconnect that is still apparent for me.

Forget Augur open pit, there is more than a glimpse of quick new mines potential, A1 high grades is interesting, there is endless which direction speculation to go at next for those so inclined; one thing for sure they are going to be printing cash for a long time.