Anglo Asian Mining Share Discussion Threads

[laurence llewelyn binliner] 05/10/2020 13:29

#3Sporrons, and that is what I am seeing too, I am done for today, another batch Tuesday and Wednesday pre XD and see where we end up.. :o)

It is very rare to Ace the low or high, but the average is what matters more..

[2sporrans] 05/10/2020 13:25

might see it today LLB

[laurence llewelyn binliner] 05/10/2020 13:20

The timing for the dividend XD date to add at these prices is uncanny, this gift horse is looking at me, and now it is staring, what does he know that I do not, or will we see 100p tomorrow.. ? .. :o)

[sandeep67] 05/10/2020 13:19

EX Div on 9th. Great buying op

[witheco] 05/10/2020 13:18

Probably leave well alone this week. It's conceivable that it can reach 85p levels.

[brasso3] 05/10/2020 13:13

took some at 107p. thank you

[mad foetus] 05/10/2020 13:12

You can probably bake in a 10% income growing at 10-20% a year on any purchases at this level

[lefrene] 05/10/2020 13:11

Now Iran has a peace plan.

[mattjos] 05/10/2020 13:05

picked up another 10k at 107.7 … this is nonsense

[riggerbeautz] 05/10/2020 12:56

Yes could do with EVG getting going, Orph looks well poised and I can see what you mean with AVCT.

[katsy] 05/10/2020 12:51

Highest volume since the Covid sell off. Covid still here, just like conflict and war will still be around till the end of time. All being paid for with money printing. Hmmm which metal benefits in times like these.

[waterloo01] 05/10/2020 12:51

If the conflict ends then this is a bargain, however I've sold 2/3rds of my holding over the last week once the conflict emerged. I invest in gold and gold miners because it's a 'safety' play in this current environment. If the mine is now in a conflict zone, it no longer has the draw as a 'safety' play. That's my logic in reducing.

[katsy] 05/10/2020 12:43

For ages we had a 10k seller, now that's replaced with a 20k seller. But a 10k seller has appeared.

[katsy] 05/10/2020 12:41

Hopefully news on Conroy soon. No conflict in Ireland, no wait....

[pratt2] 05/10/2020 12:38

What is exit strategy on here for most? Newsflow has been poor here too between trading statements/results.

[laurence llewelyn binliner] 05/10/2020 12:38

I am this morning reminded of the old adage buy at the sound of gunfire, and sell at the sound of trumpets..

Buying round 2 in the pot, although round 1 earlier could have waited a little... :o)

[pratt2] 05/10/2020 12:37

This is ridiculous... For a company that was close to it's highest.valuation a few weeks to lose more than 40% since is absurd, when it's still performing and producing. Granted political unrest is real but hopefully this is just a blip?

[mad foetus] 05/10/2020 12:34

I got 2500 at 103 but that was all they were giving me

[2sporrans] 05/10/2020 12:31

5k more sub 107p.

Getting rather absurd afaic.

[casual47] 05/10/2020 12:26

Celeritas, agreed.

I think the bigger picture here is covid. It has sharpened all the world's faultlines. The damage it has done and will still do to economies everywhere is huge. The saying "don't waste a good crisis" is pertinent. It will be difficult to deal with the fallout of covid for even the most stable countries. It will be tempting for governments of all stripes to channel the populace's anger elsewhere rather than actually do the hard work and make the hard decisions.

In that sense any view on the conflict here is basically also a view on how Covid will affect each of the countries longer term.

[mattjos] 05/10/2020 12:25

even when (supposedly) no one wants these on a day like this, the MM's are stretching out the spread on thin buying volumes

[mad foetus] 05/10/2020 12:19

To go from 102/103 to 100/108 is ridiculous btw

[celeritas] 05/10/2020 12:15

I think the Azeri's thought the new Armenian prime minister would be more reasoned. For me my only interest really was AAZ but we are caught trying to work out what is happening. You have to put your feet in their shoes, I'm sure Armenians would want land internationally recognised as their land back if the Azeri's held it.
I think we both have common ground here, lets hope this is soon over.

[mad foetus] 05/10/2020 12:13

I'm starting to add here

[katsy] 05/10/2020 12:13

Time to be greedy when others are fearful