Anglo Asian Mining Share Discussion Threads

[fsawatcher] 28/9/2020 08:17

if putin chuck the arminenas some ammo then dat when it get bad coz turks jus up the game then innit

[fsawatcher] 28/9/2020 08:15

i suprised company aint got rns oot sayin ops unaffected

i fink that gonna worry market innit

i fink 110p today and 90p later when fightin show it really escalting

[donald pond] 28/9/2020 08:12

With a 9p spread they are hardly happy to sell to any of us cool hands that have seen it all before

[sparkey_two] 28/9/2020 08:09

Glad we disappointed you Catsick :)

[catsick] 28/9/2020 08:08

Was expecting a chance to get some of these at a big discount today but does not seem to be happening

[jbravo2] 28/9/2020 08:08

Save a full scale war there is nothing to worry about
Even in the case of a full scale war the terrain is the greatest defence for the area of the mine. No tanks are coming over those mountains. They’d have to follow the valleys etc
As cel says. Seen it all before. Hopefully the fighting stops to end the pointless waste of life but thats about it.

[plasybryn] 28/9/2020 08:06

AAU & ORPH for me this week

[pogue] 28/9/2020 08:04

Wan
yes aware gaps dont always fill but I cant seem to get myself to buy this stock I know the costs of green hydrogen and they are horrific compared to other source of energy so I am wondering if I am too early with a buy in that sector. The thought of a gap fill gives me a reason not to buy a bit longer :0)

[brasso3] 28/9/2020 07:59

Can I take PPC this week?

[wanobi] 28/9/2020 07:58

AAZ - from an investment viewpoint I have no doubt this will rattle a few holders into selling this morning,, I'm expecting the share price to fall, just a question of how far before LTH's come in and scoop up their stock as I'm sure LTH's will see this as a buying opportunity with the conflict expected to be resolved fairly quickly or at least calm down in the short term... we shall see, GLA Cheers Wan :-)

[wanobi] 28/9/2020 07:51

AAZ -

I see the fighting continued through the night,,, fingers crossed for everyone this gets resolved quickly,,, horrible situation for mankind on both sides...

Cheers
Wan :-)

[avsome1968] 28/9/2020 07:42

Strike canceled back to work, price dropped 40% from recent highs could make a short term 20-30% profit

Resolute Mining Limited (ASX/LSE: RSG) (Resolute or the Company) is pleased to announce negotiations with the Union Nationale des Travailleurs du Mali (UNTM), the union representing workers at the Company's Syama Gold Mine (Syama) in Mali, have resulted in the signing of a conciliation agreement which confirms the cancellation of further planned strike action at Syama.

Conciliation Agreement - Cancellation of proposed strike action

A compromise has been achieved between Resolute's subsidiary company in Mali, the Société des Mines de Syama S.A. (SOMISY), and the UNTM under which a commission will be established to evaluate and support measures that SOMISY believes are required in response to COVID-19 and current economic conditions. The UNTM has agreed to be involved in identifying solutions and has cancelled proposed strike action at Syama.

Following the conciliation agreement operations at Syama have returned to normal and all efforts will be made to ensure a stable industrial relations platform is maintained for the rest of 2020 and beyond. While no guarantee can be provided that the UNTM will not reinstate future strike action, all parties have agreed to the framework of a win-win partnership. The industrial relations dispute and strike actions taken prior to the agreement will result in reduced gold production in the current quarter. The total expected negative impacts on Syama for the September 2020 quarter is a delay in production of approximately 15,000 ounces of gold.

Mali Government Update

Resolute notes the appointment of former Malian Minister of Defence and retired colonel Mr. Bah N'DAW as interim President and Colonel Assimi GOITA as interim Vice President. These appointments were made as part of new transitional government arrangements expected to be in place for a maximum of 18 months to allow for and plan new democratic elections.

Upon his inauguration on 25 September 2020, Interim President N'DAW stated "The transition period which begins will not dispute any international undertaking by Mali, nor the agreements signed by the government".

The impact of the new appointments on sanctions imposed by the Economic Community of West African States (ECOWAS) is not immediately clear. ECOWAS has previously agreed to normalise relations with Mali on the provision formal elections take place within 18 months and the transitional arrangements include civilian rule and confirm maintenance of Mali's constitutional democracy.

Consistent with previous announcements, operations at Syama have not been impacted by recent political events. Resolute will continue to monitor the progress of the new transitional government including the potential impact of ECOWAS sanctions which, if sustained, may have an impact on supply links to and production at Syama.

Guidance Update

Following the cancellation of further strike action, Resolute has reinstated production guidance for the 12 months to 31 December 2020.

Taking into consideration the negative impact of the industrial relations dispute in the current quarter and other uncertainties relating to the potential impacts of the coronavirus pandemic and ECOWAS sanctions, Resolute has provided an updated guidance range based on previous 2020 guidance.

Total production for 2020 is now expected to be within the range of 400,000 ounces to 430,000 ounces of gold at an All-In Sustaining Cost of between US$980 per ounce and US$1,080 per ounce.

[wanobi] 28/9/2020 07:38

Good Morning all, Good Luck & Best of health to you all :-) Cheers Wan :-)

You're most welcome pogue, but, do consider,,, as we both know, they don't always fill etc etc etc....

Gold at 1859
Silver at 22.70
Brent at 41.61

Cheers
Wan :-)

[celeritas] 28/9/2020 07:32

Fsaw, you very much sound like allseeingeye, desperate.

[fsawatcher] 28/9/2020 07:21

it not lookin good here

turks backin the azies

look like this gonna get worse before better

[the stigologist] 28/9/2020 07:20

Triple Whammy good news for PYC from VAL news

1. ORR of 50% is very good early result. Shows promise to get VAL201 licensed to a bigger player. Physiomics get FREE CARRIED UPSIDE and share of ANY licensing income (including upfronts, milestones, royalties)

2. Note VAL comment on 'optimal dosing strategies'. Given PYC helped them develop drug in first place Physiomics should get follow on work now to develop these 'optimal dosing strategies' given Physiomics are experts in Modelling and Simulation of exactly that

3. In considering Partnering Physiomics modelling expertise can also be used to model which drug will work best in combination with VAL201 and this can be used to narrow search for best partner.

[sharekitchen1974] 28/9/2020 07:12

I will go with CHF if Im not too late join in the fun

[pogue] 28/9/2020 07:10

CV19 bingo call ORPH. Challenge Study contract win


Open Orphan plc (ORPH), a rapidly growing specialist CRO pharmaceutical services company which is the world leader in the testing of vaccines and antivirals using human challenge clinical trials is pleased to announce a new GBP4.3 million contract to conduct a human viral challenge study utilising one of our 8 traditional challenge study models for another of the global top 10 vaccine companies.

This trial will be conducted in the Company's dedicated human viral challenge quarantine unit in London with all volunteers recruited through hVIVO's volunteer recruitment website, www.flucamp.com . The hVIVO unit is Europe's only commercial 24-bedroom quarantine clinic with on-site virology laboratory.......

[2sporrans] 28/9/2020 07:09

Perhaps Reza might, very delicately, make the observation during negotiations
for extended contract area, that with the escalation in hostilities, AAZ ain't going to be able to develop those 3 licence area it owns in the occupied territories any time soon.

I'd be concerned were it the case that there was a situation with an Armenian minority
festering over Nakhchivan [Ordubad] province way.
But there isn't, to my knowledge.

Bar a conflict situation brewing up between Turkey and Russia, expect the latter to
act as referee respected by both Armenia and Azerbaijan and keep handle on it.
Hope Erdogan doesn't get heavy as that will really get the Armenians upset.

[bozzy_s] 28/9/2020 02:26

39850 were you ever in?

I'm confident the heavyweights Russia, Turkey and USA will ensure this doesn't escalate.

Previous skirmishes haven't affected AAZ.

I'd be disappointed if there is a selloff, or MMs move the price lower, just as we seem to have turned the corner.

[2sporrans] 28/9/2020 00:46

half hour to spare.....so a crude but hopefully tolerably effective first stab
at what i'm trying to get across:



The red lines depict the Contract Area limits.

The golden blobs, circling town of Slavyanka are mines and mine prospects;
so, from the lower left/West of Slavyanka, progressing clockwise:

Ugur
Bittibulag [Soviets mined copper + some gold]
Zehmet [Key prospect - ground samples high in gold]
Avshancli - 3 fields; Avs 1 the lead new mine prospect - gold - 4 rigs drilling now
Gilar [Gold prospect, high grade vein + more]

Ore bearing strata rise towards surface to the North of Gedabek CA.
Is this a porphyry zone, contiguous from [at least] Gedabek-Gadir-Zafer ?

If so, then - as Goldrush points out - An enlarged CA subsuming Gedabek and Gosha CA, hence considerably larger than what is shown above, over twice the sum of these existing CAs, could well prove transformational, given the existence of a porphry zone to North of Gedabek CA, Zehmet Northwards, near to surface, open cast mining akin to Ugur [in it's first life].
Extend haul roads to plant, bypassing Slavyanka.
Could be much more than this; Gosha CA barely scratched so far.

[goldrush] 28/9/2020 00:45

odsjp

Sorry I am a little bit late today can I please go for EEE Empire Mining which commences a drilling campaign today.

[avsome1968] 28/9/2020 00:22

I will stick with trin this week

[katsy] 28/9/2020 00:12

The UK (Or should I say England) have been at war with somebody somewhere continuously for about 400 years, give or take a few, that doesn't stop investment or trade. This conflict should and will have very little effect on the gold mine..