Anglo Asian Mining Share Discussion Threads

[11_percent] 27/11/2020 10:06

LOOP......down 40%.....on what ammounts to a profit warning.

[odsjp] 27/11/2020 09:42

Picture from JB's link.
Just going our for a short run and will then look to see if there are any other interesting images and if so, will post. This does seem to be a big game changer.

[wind dancer] 27/11/2020 08:44

Separately note the increase in POC. The estimate for this year is 2300 tonnes it is quite possible that we may, over the course of the next 12 months, get an addition $1/lb. That’s $5m+ pure profit to the bottom line.

[avsome1968] 27/11/2020 08:29

DDDD on the move after a positive finish yesterday.

[2sporrans] 27/11/2020 08:27

Getting new plant up and running + mine development will take fraction
of time v e.g. Ireland methinks.
No serial delays bandying environmental planning proposals to and fro.

No need for a carbon neutral plan for 2030; you can see that lot coming.

[2sporrans] 27/11/2020 08:18

Hurry up with the deal, we've been biding our time.

[jbravo2] 27/11/2020 08:09

I guess the best chance of a deal is if we can get Putin to pressure Pashinyan then a deal might be done, guess that all depends on whether the owner of GPM is in favour currently or not!

[jbravo2] 27/11/2020 08:04

Well failing any deal with GPM (which is unlikely) it’s “simply” a case of building our our processing facilities and associated infrastructure. Not quick or easy, but quicker than starting at Ordubad or indeed anywhere else in the world.

[wind dancer] 27/11/2020 07:56

Well jb2 and Matt I’m certainly on board. If Rez’s can swing a deal to double our current output, via a Jv or any other means,that would be a wonderful thing.

[wanobi] 27/11/2020 07:43

27 November 2020 - Rainbow Rare Earths Limited
Placing of new Ordinary Shares raises GBP2.56 million at 6p per share


free stock charts from uk.advfn.com

hmmm, oh what a game!!!!!

Cheers
Wan :-)

[wanobi] 27/11/2020 07:32

aha, I see the M11 is close by so they'll be able to fly the Gold out of Stanstead :-) LOL LOL,,,, GLA Cheers Wan :-)

[wanobi] 27/11/2020 07:23

Good Morning all, Good Health & the very best of luck today to you all :-) Cheers Wan :-)

some fantastic research posts in regard to AAZ yesterday on the main thread,,, very very interesting and bodes well for the future of AAZ and its share price - many thanx to all those that invested their time, energy and not least, for sharing their research with us all,,, much appreciated, cheers Wan :-)

to my novice, untrained eye the sat images of the Sotk open pit do seem to indicate a somewhat chaotic approach to mining,,, it's not the neat and tidy images we see from mining work AAZ has undertaken,,, if AAZ can get in there, one would imagine a treasure trove awaits as AAZ experts get to work organizing the operation into an efficient mine.... :-) exciting times perhaps,,, certainly a sniff of an RNS in that direction and the share price might just be propelled to new highs :-),,,,, patience is required now :-)

Cheers
Wan :-)

[donald pond] 27/11/2020 06:54

Good find Matt. that Charteris Fund is very small, only around £30m, so it it has 900,000 shares here that will be close to a 3% position and any positive movement of AAZ versus the peer group will make it a top 10 position in its factlist.Feels like it's onwards and upwards from here.

[2sporrans] 27/11/2020 00:47

If there are 120 tonnes of gold in Sotk reserve [see post 41867],
that's 3,858,084 oz
Priced at $1500/oz, that's $5.787-Billion gross revenue.

Just to get some idea of scale.

[bozzy_s] 27/11/2020 00:42

This thread's back to its usual standard :)

Thanks to all for the recent posts. Looks like the bad news is out the way, with 2020 production around 10% below target. Given the unprecedented, extreme, circumstances that's a creditable performance.

We now have potentially a run of positive RNSs in the next few months:

Confirmation of Irish JV, adding around $1bn of gold to AAZ's resources

Special dividend if metal prices stay strong

Production update for Q4 2020 and target for 2021 (hoping for a nice surprise here)

Update on contract areas in recently recovered territories. Update on potential land corridor between Azer mainland and Ordubad / Nakhchivan


It feels like the shares are about 20-30p underpriced right now, given that the two biggest pressures - the war and 2020's production downgrade - have been resolved.

[mattjos] 26/11/2020 23:59

We have a new Institutional Investor onboard !Welcome from the thread to: DMS Charteris Gold & Precious Metals Fund with an opening position of 300,000 shares They declared on 30.09.20Fund fact sheet here ... AAZ position taken after this was published.https://www.charteris.co.uk/wp-content/uploads/2020/10/Gold-factsheet-Q3-2020.pdf

[aosullivan] 26/11/2020 23:58

Great posts here today. Thank you. These great posts help me to sleep soundly even as my business is in Tier4 lockdown?

[jbravo2] 26/11/2020 22:55

Btw it produced 130,000oz in 2018

[jbravo2] 26/11/2020 22:39

It’s hard to understand how important this is I know but it’s real

[jbravo2] 26/11/2020 22:37

The Russians won’t be there (on our side of the border) as it’s not part of the agreement. It’s Kalbajar not NK. Of course they may be there on the Armenian side. One (to Putin) small gold mine lost to a Russian company is neither here nor there compared to his greater gains in the region. Putin wrote the agreement!
This mine will be an important standard for Az and Aliyev to proclaim success for the liberated territories. It will come to us to make the best of it.

[wind dancer] 26/11/2020 22:32

OK Russian company/ Russian peace keepers/ legit Azeri asset.I think our contractual rights will be a long way down the pecking order.I would love it to be fabulous but...really?