Anglo Asian Mining Share Discussion Threads

[stockchoice99] 21/8/2020 15:15

Added a few

[mad foetus] 21/8/2020 15:10

Looks like Euan Leggat has also gone on hols as spread goes to 10pH2 should see 42-47k oz produced or 230-260oz per day. If we say AISC of 700 and average gold price of 1900, both probably conservative, that's a profit of $275-312k per day. Yes, there is tax and the profit share, but the retained profit will be 160-200k per day. Or if you do the maths about 1p of profit per share every 7/8 days. Anything wrong with my maths?

[mattjos] 21/8/2020 15:00

Cantor desk looks to have packed up for the day/week now at 14:45. 20p spread.

[lhoskins] 21/8/2020 14:42

My mining companies are all down today with the exception of PXC.

[mattjos] 21/8/2020 14:36

good post Cel … $1,674 average YTD and every day we're up here in the $1,900 range, that YTD average is being pulled up ever higher.

All against a management expectation of $1,48 for the Full Year !! :-)

AAZ share just stupid cheap once again

[celeritas] 21/8/2020 14:34

Like I keep saying we produce all year so it's the average price that matters not daily movements. Avg so far this year up to July 20th is $1674

[mattjos] 21/8/2020 14:34

thank you sellers .. in for more just now

[2sporrans] 21/8/2020 14:11

The POG watchers are certainly trading this today, as all week; each and every
blip in the gold price elicts a flurry.

[user2007] 21/8/2020 14:02

Ok. Got inspired and just bought a few for 147p.Lets see how much south the share price goes as it does whenever I buy ....

[qazwsxedc69] 21/8/2020 14:02

#bouncebackability

[lefrene] 21/8/2020 13:58

While they keep printing vast amounts of money, the direction of travel can only be North, and it looks like they're still a heck of a long way from papering over the cracks that started with the seizing up of the repo-market last September. No wonder why financial history is not widely taught, where would the fun be had if the wider population understood that their safe bank is just another bookies!

[bonio10000] 21/8/2020 13:52

It seems to like bouncing off the prior ATH.

[walter walcarpets] 21/8/2020 13:49

Was that the bottom in gold or do we see $1750-1800 before we go to da moon? I like your charting Matt :-)

[terropol] 21/8/2020 13:20

Correct that.....lol 149.19 pence ;-)
Some selling today....Just remember our cost price guys.... at this level we are still making over $1000 x OZ.

[jeanesy] 21/8/2020 13:14

PM's getting bashed again today. Could end up with POG below 1900 and silver 26 dollars. Is this a correction or the beginning of the next phase ?

[lefrene] 21/8/2020 12:55

They can have all of mine for £149.19 :¬)

[terropol] 21/8/2020 12:44

Some available at £149.19....
Any body for a few more?? Did my bit here.

[cordwainer] 21/8/2020 11:59

^ I'm jealous at them. I need a lucky break like that. :-\

[bonio10000] 21/8/2020 11:42

I watch the show. Whilst always sceptical, it is in the golden triangle in Victoria and well known for nuggets that size.

[lefrene] 21/8/2020 11:37

H'mmm TV? One wonders if these fortunate gentlemen own a cafe/bar and motel in the nearby town? Maybe a little shop selling metal detectors too?

[cordwainer] 21/8/2020 11:33

Hey, let's send these guys to AAZ with their metal detectors :-D

[mattjos] 21/8/2020 11:25

people selling like sheep just because Gold has dropped to ONLY $1,930 :-)

[lefrene] 21/8/2020 10:51

Don't worry about the national debt, Boris will soon print enough new money to clear that! lol Once one realises that the debt is government bonds labled "asset" in the vaults of the Bank of England, it's like waking up to find oneself at the Mad Hatters tea party. The cakes get passed around, nothing really changes, just keep an eye on the pot of boiling tea though.

[bonio10000] 21/8/2020 10:30

If only that were the national debt and not AAZ's share price.

:-)