Anglo Asian Mining Share Discussion Threads

[katsy] 21/10/2020 13:44

Brasso3 just seen your post about the miracle of flu being wiped out. amazing that!! Wish people would wake up

[wanobi] 21/10/2020 13:40

Great explanation Mj, many thanx, cheers Wan :-)

[brasso3] 21/10/2020 13:38

ARS has broken out of its consolidation pattern. Maybe a spike to 6p on the cards...

[mattjos] 21/10/2020 13:33

90% of the time, when you get these big Gap up rises on news, existing holders simply trim some stock into the rise because 'news items' are rarely such that the company valuation warrants an immediate and sustained uplift. Exciting, maybe but, does the news usually result in an immediate, tangible & sustaining increase in $$$'s ??

not often is the answer and so, the excitement inevitably dims and selling sets in again.
Those that took the opportunity to sell out some/all their stock into the rise will inevitably look to buy back their position as at the valuation immediately before the big upward move occurred.

This is the 'psychology' that so, so often results in news-driven gap-ups getting filled … once they are filled then, the stock will generally resume the prior trend

[wanobi] 21/10/2020 12:59

its magic!! cheers Wan :-)


free stock charts from uk.advfn.com

[stevea171] 21/10/2020 12:03

AAZ/CGNR JV expected to be confirmed very soon.

𝗖𝗼𝗻𝗿0316;𝘆 𝗚𝗼𝗹𝗱 𝗖𝗼𝗿𝗽0316;𝗿ҳ02;𝘁𝗲; 𝗩𝗶𝗱𝗲0316;

@ConroyGoldplc encourage shareholders to view our new corporate video covering the Longford-Down Gold project in Ireland and an overview of the Finnish Gold opportunity.
4:30 mins

[goldrush] 21/10/2020 11:16

crasycoops

I also think that is what SPA have done....and to fair to them they will be awaiting AAZ's production guidance which will include u/g g/t statistics etc....Production should be better than the Note from what we know.....IMHO

[c0lin1] 21/10/2020 11:10

DDD going to close the gap at 80p isnt it?

Bought too early

[crazycoops] 21/10/2020 11:08

I doubt that will be the production target for next year (AAZ advise in February) with everything we know about Gedabek u/g (down dip, grades etc.). My assumption is that SPA are just reacting to the last RNS and extrapolating this forward to next year.

[donald pond] 21/10/2020 11:03

CEY suffering today. I see GPM up around 100% for the year. While I am happy with a lot that AAZ have achieved (though not the SP) I'm increasingly of the belief that if you want exposure to gold the Ruffer fund or an ETF like GDX is the way to go. Diversified, focussed on the big North American producers, much less individual company risk. To justify for the increased risk investing in a small single company like AAZ, the upside has to be significantly better. I'm hoping that in the coming weeks we see that upside start to come into focus. If 72k is the production target for next year, that's really not good enough.

[sh0wmethemoney] 21/10/2020 11:01

Taken the opportunity to add to my ORPH holding on this pullback, they won’t be down here in 3-6 months in my view.

[crazycoops] 21/10/2020 11:01

I pay little attention to share price Angel forecasts, there is way more collective knowledge on this board, frankly. But it is very disappointing that they are still showing Dividend Yield (DY) rather than Dividend Per Share (DPS). Apart from being out of date as soon as the price moves, it also means that the Stock Screeners like Stockopedia, Sharescope etc. will still not pick up the forward yield - which for calendar year 2021 should be ~10%. Only existing holders or those digging a bit deeper are likely to realise this. Ho Hum!

[donald pond] 21/10/2020 10:47

I think the production figures for next year in that SPAngel note are too low. 72k GEO can't be right when we were pulling over 6k a month out in July and August and were told going into the dip down would significantly increase production for the rest of the year.I would like to know more about the dip down, in terms of grades, how much we anticipate processing each month and how long it will contribute to output. Because I had in mind it would be adding at least 1k a month to output in order to justify the earlier statement that Q4 would make up any shortfall in H1.

[crazycoops] 21/10/2020 09:45

Ironically, I first started researching gold miners when it looked like Trump might become President (boom/bust, general craziness - little did I know just how crazy) and AAZ was one of a handful that I took an initial position in. On the night of the election I was sat in a bar in California as Trump's victory was confirmed and fully expected a positive reaction from gold (it fell). Now here we are four years later and the irony is that a Biden victory is likely to be most positive for gold and AAZ is now the only gold miner that I own (I do have some BRWM for exposure to the majors). We have come full circle and now I expect that gold will be the major play for the next four years and AAZ shareholders will be significant beneficiaries. Certainly, that is how my portfolio is positioned.

[terropol] 21/10/2020 09:42

We will take £2.00 for a start Matt.
That looks a healthy note. For a onlooker the consistend profit groath and dividends should make the company very inviting.

[goodgrief] 21/10/2020 09:42

2 quid by Xmas!

[mattjos] 21/10/2020 09:33

I believe their Gold price forecasts for 2021 are much too low at $1,925.
I'll be surprised if gold averages below $2,000 for 2021 but, best to be conservative at this stage.
I am expecting Gold to run up as we near the USA election, settle back a bit Nov & December & then take off on a huge run toward $2,400 early 2021.

[wanobi] 21/10/2020 09:22

Cheers
Wan :-)

[mattjos] 21/10/2020 09:18

New note from share price Angel, TP cut from £2.09 to £2.00

[mad foetus] 21/10/2020 09:10

Very different trading today

[donald pond] 21/10/2020 08:17

Agree Simon, I think the demographics are a real key issue. With ageing populations it will be difficult to get growth: the older you are the more frugal you are as you are compelled to spend on either essentials or healthcare. No impulse buys from BOO or blow out parties.So without growth, there's not much left other than keeping money flowing through central bank printing. It is quite frightening really.

[crazycoops] 21/10/2020 08:13

I listened to that episode on Monday mf and think it is the best one in the 9 part series so far. Owning gold and real assets are the consistent themes that emerge.

[wanobi] 21/10/2020 07:47

TXP -

You are warmly invited to attend the Proactive ONE2ONE Investor Forum which is taking place on Thursday 22nd October from 6:00pm onwards via our online interactive webinar conference.

Touchstone Exploration Inc. (LON:TXP) is a Canadian-based, international upstream oil and gas company currently active in the Republic of Trinidad and Tobago. It is one of the largest independent onshore oil producers in Trinidad, with an experienced management and executive team that have a track record of delivering value to shareholders.



Cheers
Wan :-)

[wanobi] 21/10/2020 07:42

many thanx foz, cheers Wan :-)


free stock charts from uk.advfn.com


Spectra Systems Corporation

21 October 2020

Spectra Systems Corporation

("Spectra")

Contract for sensor development, manufacturing, and service with a central bank

Spectra Systems Corporation, a leader in machine-readable high speed banknote authentication, brand protection technologies, and gaming security software, is pleased to announce that it has executed a comprehensive services contract with a central bank for the development, manufacture and servicing of a sensor system for this customer.

The contract includes $1.9MM to initiate Phase 1 development work and has three major additional phases which include a $5.6MM Phase 2 development through 2023, as much as $34MM for the delivery of an as yet unspecified number of sensors, and a service component worth approximately $7.5MM (covering the current sensors and including the typical ten year life of the maximum number of new sensors to be delivered after development).

Dr. Nabil Lawandy, Chief Executive Officer, stated: "We are pleased that this technologically sophisticated central bank has provided us with the opportunity to provide new cutting edge sensors for their cash operations."