Anglo Asian Mining Share Discussion Threads

[laurence llewelyn binliner] 25/11/2020 08:44

I heard an economist on RT last night quote that of all the dollars that have ever been created and printed, 22% have so far been created in 2020, an alarming quantity and the debasing impact is out there forever, POG could pull back a little but we are only making 1000/oz.. :o)

[mr roper] 25/11/2020 08:36

Mf, plenty growth at Clx and the market likes it. Worth putting on your radar. Only ipo’d last month.

[katsy] 25/11/2020 08:30

What does the market want with these a PE of 3 or something. Blimely the share price was higher when the conflict was at it's worth. Anyway such is life, if anybody thinks life is going to be normal wait till you're the property of big pharma and their health passports. The Great reset won't be kind to 90% of the population either. In gold we trust!

[wanobi] 25/11/2020 08:29

to me its complete dislocation DP,,, there are now 2 economies,,, companies & businesses doing whatever they do, some doing it well, others not,,, and then there is the stock market doing what it wants regardless of the underlying business performance and all this results in a 2 tier society, those that can participate in the stock market who are getting richer & richer by the minute and those that cannot, who relatively speaking are getting poorer & poorer by the minute,,, not saying I like it one bit,,, but that's what seems to be going on to me..... question is, will it carry on that way,,,,,,, oh what a game DP, cheers Wan :-)

[onedayrodders] 25/11/2020 08:26

DP ...AIM is a sell on news arena most of the time

[donald pond] 25/11/2020 08:20

Stellar results at FUTR, but market doesn't like them. That's interesting. KWS not dissimilar yesterday. People don't want growth any more.

[mr roper] 25/11/2020 08:09

Excellent results at Clx. One that looks to have a long runway in front of it.

[fozzie] 25/11/2020 08:04

Bought some KIST on debut this morning at 109.50, let’s hope that’s not the kist of death lol

[pogue] 25/11/2020 07:50

Just remembered Mattjos you filtered me and deleted my posts on your positive only thread so how can you read my posts here?

[wanobi] 25/11/2020 07:47

Good morning, Good Health and very best of luck to all that play this crazy game :-)

Cheers Wan :-)

many thanx for heads up Brasso :-) Cheers Wan :-)


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25 November 2020 - Argo Blockchain PLC - Share capital reduction effective

Argo, the leading cryptocurrency miner based in the UK (LSE:ARB), is announcing that, further to the announcement on 3 November 2020, the High Court of England and Wales has confirmed the reduction of the Company's nominal share capital by way of cancellation of the share premium account on application from the Company.

On 23 November 2020, the Registrar of Companies registered the order of the High Court confirming the Capital Reduction and the related statement of capital approved by the High Court, whereupon the Capital Reduction became effective.

The Company confirms that, following the Capital Reduction, the issued share capital of Argo comprises 239,750,000 ordinary shares of GBP0.001 each.

[brasso3] 25/11/2020 07:15

More good news at ARB. Might provide an early opportunity if the market is sleeping.

I think they are targeting a dividend for next year assuming BTC follows S2F model.

[goodgrief] 24/11/2020 23:54

Last time when folks were getting excited about mid-tier status, Bill was asked at an in-person Pro Active presentation what that might look like and he responded with 100k oz pa. So yes, not overly ambitious (so far).People are getting ahead of themselves. AAZ need to execute the plan in front of them. And start with confirming the Conroy JV. Then get drill results published for those 5 new mining areas.

[riggerbeautz] 24/11/2020 23:32

Jeanesy you always call it right at the slightest whiff of bad news lol likewise been too busy, but I’ll add a few more on any weakness tomorrow.

Good post mj and ogsjp a roadmap to mid tier is exactly what AAZ should be promoting without being over ambitious.

[odsjp] 24/11/2020 21:38

FWIW I like many others get frustrated with AAZ as it is my largest holding.

Having said that I personally see AAZ as a well run company similar (although not in production) to CEY in that it is debt free, money in the bank and pays a good dividend. Remember that CEY is down 50% from its year high and we are down 30%. Note to self, should also look into buying some CEY although production will be lower next year.

It does seem that 2021 and 2022 should be our years with increasing production from our existing areas as well as the three new mines from NK, with the Conroy Gold JV in the background. As long as gold remains high and I can not believe it will go down much further with all the money printing planned then we should be in a good position to see a much better share price this time next year.

I can imagine however that it will be difficult for the management team to estimate 2021 production accurately as it will depend on whether the NK mines can be easily restarted and what they will contribute. I think communication will be key into ensuring the right message is received, maybe stating our base production will be x with potential to increase by y depending on xyz. It would also be nice to see a roadmap when they plan to get to say 200Koz/year, will that be in 3 years, 5 years etc.

[mattjos] 24/11/2020 21:04

The company is keeping quiet, as best as it can, with regards the new CA's ... if you reread the Twitter account for Govr. Sunnunu, you will understand why.They had to RNS the other week ... it was a matter of PSA compliance but, now is not the time to be seen publicly getting excited about Vejnaly.Again, further details about Avanschli & Gilar will be forthcoming at latest end March ... per the timeline indicated and the terms of the PSA.It is frustrating but, PSA compliance is important & we just have to suck it up right now. $100m Revs at the likely profit margin will be plenty enough to pay an additional special dividend in January.Gold is taking a pasting just now but, Copper is flying and we'll produce more Copper this year than in any prior year.Markets now seem to entering the final demented non-stop melt-up phase and we've already now seen a new ATH in the Dow. I've no idea how long this will last or how crazily upwards it might go but, it's probably going to feel very exciting. Even the banking sector is now taking part but, with this much gasoline sloshing about (from QE) it's to be expected.However, have we really solved the root cause of these problems that first expressed themselves in 2007/2008? Have fixed a debt problem with the creation of more money and more debt?

[pogue] 24/11/2020 20:31

That's why I got kicked off lol, alternative views not allowed if too close to the truth.

[goodgrief] 24/11/2020 20:05

"AAZ management have no idea how to sell a story relying on just plodding away hoping someone will notice them some day"

... the permabulls on the 'main' thread would disagree with that view!

[jbravo2] 24/11/2020 19:57

Kalbajar tomorrow.
That’s Soutely and Sotk.
I bet we see video from there pretty quick

[pratt2] 24/11/2020 18:43

And the potential that is available to mine in three new sites as well hopefully. So yes, in 6 a few months, I d be gobsmacked if this wasn't nearer 170

[wanobi] 24/11/2020 17:36

whereas my DSV is looking a bit poorly at the moment Cel :-) LOL,,, oh what a game :-) Cheers Wan :-)


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[pogue] 24/11/2020 17:20

I had hoped things had changed at AAZ but no it hasn't, bang goes the competition entry for this week there should have known. No matter what they do the price barely rises and when POG drops and it more than covers any rises. To me more publicity and more liquidity is needed to get it moving so that it can actually go up when it has good news, they have been gifted some gold deposits/mines in the liberated territories that was not in the share price previously FFS and they barely move! It is the same price as this time last year since then they have invested in an Irish gold deposit and the price of gold is now £1350 compared to £1100 and the long awaited LOM extension RNS has arrived. Downsides were the war, now over, and CV19 also over if you look at the rest of the market shooting up.
I know a very good CEO at ORPH that knows how to get out the message and generate liquidity AAZ management have no idea how to sell a story relying on just plodding away hoping someone will notice them some day.

[wanobi] 24/11/2020 17:03

excellent work Cel, very well done Sir :-) Cheers Wan :-)

[celeritas] 24/11/2020 17:01

Cheers wan, I've been adding for months now.

[wanobi] 24/11/2020 16:53

many thanx cel, yep, 300p test written all over it, given time and patience :-)
Cheers Wan :-)


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