Anglo Asian Mining Share Discussion Threads

[teataster] 08/9/2020 16:21

Can buy on HL at 139.95, but sell at 140.

[cordwainer] 08/9/2020 15:22

i wouldn't mind adding at 125p. since my last sell was 158p im already watching closely.

[ilostthelot] 08/9/2020 15:15

Hard to believe with gold at this level 120p looks like it may well be tested again.

[katsy] 08/9/2020 14:12

Would it be cheeky of me to expect to pick something up close to 120p on these. Q4 seems a long way away, gold price having a breather and very little support at this level.

[bleepy] 08/9/2020 13:49

Thanks Mattjos

[friendzarin] 08/9/2020 13:12

@davidspringbankWelcome back David.Seem to remember you posted your holding was up to 300k last time before you left.Hope it goes well for you from here.

[mattjos] 08/9/2020 13:11

It's about Azergold:

BAKU, Azerbaijan, Sept. 8

By Fidan Babayeva - Trend:

Azerbaijani mining company, AzerGold CJSC, extracted 39,312 ounces of a major exporting product – gold, from January through August 2020, which is 14 percent more compared to the initially forecasted volume, Head of AzerGold’s Public Relations Department Leyla Sadikhova told Trend.

Sadikhova noted that mining figures were increased thanks to optimization work in production and the introduction of new technological methodologies.

“Over the first eight months of this year, gold has firmly established its position in the top three export products of the country's non-oil sector. The increase in production volumes of AzerGold and the rise in gold prices on world exchanges also contributed to an increase in the volume of currency attracted to the country's economy as a result of export operations,” said Sadikhova.

AzerGold’s representative also said that $68.5 million were gained through the precious metal exports over the reporting period.

Thus, the revenues from the sale of gold and silver for the specifying period increased by 32 percent or $16 million over the year.

The volume of gold mined in 2019 increased by 21.3 percent compared to 2018, while silver - by 33.2 percent.

Despite the fact that the company forecast to produce 50,000 ounces of gold in 2019, it produced 10.4 percent more, that is, 55,200 ounces.

Likewise, 87,400 ounces of silver were predicted to produce during 2019, while the actual volume exceeded the forecast by 17.9 percent, reaching 103,000 ounces.

Production figures for 2019 are the record-breaking for the entire period of the Chovdar mining and processing complex.

Last year, AzerGold transferred about 13.5 million manat ($7.9 million) to the state budget.

(1 USD = 1.7 manat on Sept. 8)

[the stigologist] 08/9/2020 13:08

#ALBA #AlbaMinerals #ClogauGoldMine



Appropriately GOLDEN Cross incoming...

[bleepy] 08/9/2020 12:34

Azerbaijani mining company's gold extraction volume surpasses forecast



Paid access, anybody...

When article refers to azergold it normally displays its logo, there is no azergold logo on page...

[davidspringbank] 08/9/2020 11:44

I rarely post on here. I first bought shares in AAZ when they were 16p. I think Rezza has done a brilliant job in running the company and the hire of Stephen Whitehead (geologist) has been instrumental to AAZ's fortunes. I now own shares in AAZ and in CGNR. I like the idea of the proposed joint venture - Irish gold and AAZ's financial muscle and mine development expertise. My investment in CGNR is twice as big, by value, as my investment in AAZ. Hopefully, Irish eyes will be smiling if it all goes according to plan. Fingers crossed.

[pogue] 08/9/2020 11:18

Oil price is slipping as demand is not recovering as the bulls kept saying it would, V shaped recovery was always a fantasy. I have been saying for months oil will remain over supplied as industry is going into a recession and oil demand falls during a recession add in we were oversupplied going into the oil price war then CV19 to start with so oil will remain weak at least until next year, that’s as far as I can see as there are so many variables. Oilprice.com seems to have shaken off its usual bullish stance…


The International Energy Agency (IEA) joined the chorus of analysts saying that the pace of global oil demand recovery has stalled in recent weeks on the back of weak refining margins, a lack of recovery in jet fuel demand, and uncertainties over global economic growth, including in the world’s top oil importer, China.

[brasso3] 08/9/2020 10:36

Natural gas has had a boost since Warren Buffet made some investments in the sector. Not sure why WTI is going down but it was due a correction.

[king suarez] 08/9/2020 10:33

Any thoughts on why the oil price is slipping back lately, whilst natural gas price is going up?

[king suarez] 08/9/2020 10:32

I stand corrected - thanks, Brasso!

[brasso3] 08/9/2020 10:30

BTCE is already available and can be held within an ISA.

Product Overview

BTCetc Bitcoin Exchange Traded Crypto (Ticker: BTCE) is an exchange traded cryptocurrency (ETC) that tracks the price of Bitcoin.

The ETC is 100% physically backed by Bitcoin and trades on Deutsche Börse´s XETRA, It is the world’s first centrally cleared Bitcoin ETC, providing investors with one of the safest and most liquid ways to gain exposure to Bitcoin. Each unit of BTCE gives the holder a claim on a predefined amount of Bitcoin.

BTCE is issued by ETC Group and marketed and distributed by HANetf. The value of your investment may go down as well as up and past performance is no indication of future performance. Your capital is at risk.

[king suarez] 08/9/2020 10:28

Not sure I quite understand the question about taxation on BTC (without buying BTC)?

As a generic answer you can gain indirect exposure to BTC, or other crypto currencies, by investing in listed companies/funds that invest in crypto, or crypto mining businesses - and hold these shares in your ISA to avoid corp tax? ARB is one crypto mining business listed on the LSE for example..

At some point in the near future I believe there will be crypto ETF funds that will allow you to benefit from the price fluctuations without directly holding the asset also - but these are not available just yet AFAIK.

[easwarareddy] 08/9/2020 09:34

Such a nice thing to do cmb. Good luck.. keep us updated

[easwarareddy] 08/9/2020 09:32

U too wan!

[klosters65] 08/9/2020 09:03

I do not want dilution of our shareholding. However, I think we should have say 4 shares at 37.5p for every 1 share at 150p. It would be much more align for AIM market and create more trading and value.

[mattjos] 08/9/2020 08:43

Noticeably different start to trading here this morning with buys coming in the moment the Offer weakened a penny.

[onedayrodders] 08/9/2020 08:17

Jeansey ... they are looking at pilot gold or silver production late this year or first quarter next to self fund going forward.

[wanobi] 08/9/2020 07:58

well done cmb, you are an example to us all,,, great to see :-) Cheers Wan :-)

You keep up the good work to,,,,cmb,,, your work, great work,,, is way more important than mine :-)

[wanobi] 08/9/2020 07:51

Good morning all, Good luck and Good health to you all today :-) Cheers Wan :-)

Gold 1931
Silver 26.91
Brent 41.73

I did watch the PXC interview; but, as its the first one I've watched from them I cannot really comment much,,,, it all seems great, but it was a strangle style / set up / platform,,, first time I've seen it :-) GLA Holders, Cheers Wan :-)

As a non-accountant, I can't suggest anything,,,, maybe KS can help you max, cheers Wan :-)

[bwana4] 08/9/2020 07:50

Good morning all.
O/T
Just too busy at the moment.
I am helping a poor family here who have set up a caravan cafeteria. Physical work also advice and financial help.
LOL,I am enjoying it and having fun.
So no time for posting on here.
My shroud will have no pockets !! Can't take it with me !!
What a great bunch of people I have met on this thread.
Keep up the good work Wan.😚㈴6;
GLA.