Anglo Asian Mining Share Discussion Threads

[doc_oj] 05/10/2020 21:53

3.5m traded today, that is massive volume for us - I have been hoping people who wanted to bail with the current situation had already bailed over the last few days but clearly not so, I think a lot of people thought it will be a few days affair.

Now again I could be wrong but I would like to think unless the situation gets worse for AZ, hopefully with today's volume, we should have no more sellers purely selling on the basis of what the current situation looks like (which I clearly understand is not great before someone starts pointing it out)?

[mattjos] 05/10/2020 21:51

I believe reasonable to assume that Europe will, at very worst, issue a string of words condemning these events.Russia seems to be sitting back for now, as a 'punishment' for Armenia cozying up to Europe.Turkey's allegiance is crystal clear & could flatten Armenia in a couple of weeks if it chose to.Iran seems to be saying, we're waiting here if we can find some way to take advantage else get on with it but, don't even dream about taking this over the border into our country else we'll paste the pair of you.Georgia will do whatever Russia tells it to do... ie. nothing at this stage.The USA is clearly totally not interested in any other foreign excursions for its military & there is little to gain for it here by backing either side.Whilst maybe not to everyone's taste's, i suspect Az will be given pretty much a free reign to take NK but no more.Since that seems the likely extent of Az ambitions & since they significantly outgun and out expense Armenia, within the confines of that dynamic, Az should be successful.That is not to say I applaud any of this but, this is simply my conclusion of the available data.The military action may therefore be relatively short-lived .. i don't see it grinding on for years.Probable the more difficult phase will be integration of NK into Azerbaijan, post conflict but, if Az is able to persuade the majority of the NK populous that there will be no subsequent ethnic purge and successful peaceful & prosperous integration is their ambition then, successful integration is possible.Assuming Az is successful in regaining NK then, I am sure they will quickly come to the table with Armenia 'proper' & seek a lasting accord.Aliyev appears to have timed his move well .. soon we'll see if he can successfully execute the strategy.Probably biggest risk if Armenia 'proper' sense imminent defeat in NK and does something very stupid in a last minute hope of sucking in another regional power to try and extend the conflict they look most likely to lose.Absent a rogue missile attack on the Gedabek mine, i believe it likely we will simply continue mining throughout the troubles but, i well understand & appreciate investors initial Sell response and await developments.

[riggerbeautz] 05/10/2020 21:49

Hope so Wan, I’m more nibble with my Canuck plays.

Jeanesy, if I wasn’t invested in AAZ I would be doing so now. Having invested in the DRC, Zimbabwe, Venezuela, Kurdistan all at times of unrest or war oh and those lovely people in Nigeria need I go on, risk favours the brave. Azerbaijan’s current situation doesn’t bother me, so I’ll be considerably adding if it goes 100p or lower. But good for you, hope it was a profitable trade for all the stress it’s given you.

[qazwsxedc69] 05/10/2020 21:43

112k buy after the bell.

[wanobi] 05/10/2020 21:39

good post jeanesy, cheers Wan :-)

[silverspoon2009] 05/10/2020 20:26

Troubles featured on Sky News tonight, suggestions of brokered peace talks, did not get the full details however.

[jeanesy] 05/10/2020 20:25

I can't believe that some on the other board are making light of the current situation at AAZ. If I wasn't already invested would i currently invest.. the answer is no. Even at this price .. no. The market hates uncertainty. War in the surrounding area is bound to create uncertainty, surely. The conflict shows no sign of abating.. in fact it is getting worse it seems. Falling below 100p is a distinct possibility imo. It nearly did today at one point. I am hoping like many others that things calm down but both sides seem hell bent on causing distruction.It pays not to fall in love with a share however good you think its future prospects are. The share has disappointed now for over a year. The market rarely gets things wrong. The political risk was always there. I sort of ignored it. That currently seems to have been foolish. I did take some off the table this morning first thing.I hope things turn around i really do for my own sake as well as others invested here. It never pays to take your eye off your investment however safe you think they are.

[witheco] 05/10/2020 19:43

HTTPS://youtu.be/2Kb4Dx5CCgY

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

Yup, 30 years of an uneasy peace. That will do, get us to 2050, job done.

[casual47] 05/10/2020 19:03

So easy-peasy "what's all the fuss" that you almost wonder why they didn't sort it out since the last war, nearly 30 years ago.

[gutterhead] 05/10/2020 18:22

Amazing that you foresaw this recent military action
or is it confirmation bias?

[ptolemy] 05/10/2020 18:04

I feel vindicated having posted about the out-sized political risk for AAZ and the value of a technical approach.

Posters have seriously underestimated the Political Risk. I've mentioned it three times, but my view found little sympathy. Many of you are caught in the Moonie-like mantra of 'gold is going up and we have an infallible management team.' Long-term holders, in particular, have stifled open debate.


Ptolemy - 21 Jul 2020 - 37829
Ptolemy - 05 Jun 2019 - 22587
Ptolemy - 29 Apr 2019 - 21195

My technical view allowed for this downside move. Let's see where price goes next.

[wanobi] 05/10/2020 18:03

timing could be good Rb :-) Cheers Wan :-)


free stock charts from uk.advfn.com

[pogue] 05/10/2020 18:02

If anyone is looking to get back into oil a few respected posters on Twitter are buying in there, WShak is the one I follow. I think its a bit early as the depression/recession is still to hit with all the unemployment that entails which will keep consumption low but worth noting some are looking towards big oil as having bottomed.

[celeritas] 05/10/2020 17:57

Great map Matt of the licences within Nagorno.

[mattjos] 05/10/2020 17:56

I've marked up ALL the Contract Areas that are awarded to AAZ per the PSA (inc in NK)

[riggerbeautz] 05/10/2020 17:55

Taking more IPT as silver rallies, will maybe go for SVL if I can stay awake for the open or grab some before the close in Oz.

[wanobi] 05/10/2020 17:50

yes, it may well be a fantastic opportunity P2,,, albeit one which I'd have been happy not to have been presented with,,, war is about as bad as it gets in terms of an investment opportunity for me, it just feels so wrong to profit from such situations..... Cheers Wan....

[pratt2] 05/10/2020 17:31

But from an AAZ perspective, surely what that translates to is another buying opportunity? Another black swan event potentially for the shares but fundamentals remain the same. Only immediate risk I see , besides the uncertainty, is if this affects production which last week the company suggested it hasn't...Personally if this drops and retests march lows, I will be enticed.....

[wanobi] 05/10/2020 17:22

yep, AVCT, 4D, TXP all going well,,, EVG frustrating, but, I'm looking for more should the opportunity present, so no great shakes :-) ,,,, whereas, the NK situation for AAZ is a tricky one to navigate,,, to me, in a nutshell, it looks as if AZER won't stop until they see ARM give up control of all occupied AZER territories,, which ARM is not currently prepared to do,,, I cannot see outside influence coming onto the scene, so that leaves a fight to the end, which AZER will win, no doubt, but how long will it take and how much damage will be caused in the process.... hmmmm, tricky tricky tricky,,, GLA Cheers Wan :-)

[iambv] 05/10/2020 17:16

I thought everyone realised 'the eye' was wan.

He signed his name by accident on a past post.

BV

[fuji99] 05/10/2020 17:12

Thanks a lot crazycoops.

[crazycoops] 05/10/2020 17:01

At thecurrent exchange rate it is 3.46p (4.5c/1.297)

[casual47] 05/10/2020 16:58

Maybe he meant that Armenia Republic forces should pull out.

Remember that N-K has its own government and its own army - they are doing most of the fighting.

There is no chance whatsoever that N-K will stand down its army and leave itself defenceless.