Anglo Asian Mining Share Discussion Threads

[mattjos] 30/11/2020 11:40

agreed … been subtly going on for a while now

[c0lin1] 30/11/2020 11:35

I think there is a large buyer hoovering up a lot of stale bulls shares

[mad foetus] 30/11/2020 11:31

Again, it feels like the trading is different. Not sure why but bigger buys and sells all around. The next news will be interesting for sure

[lefrene] 30/11/2020 08:42

At least the price of copper has finally got with the programme, only about 5 years behind the 'experts' opinions!

[odsjp] 30/11/2020 08:23

Sharekitchen1974 - We finished the first competition and KS was the winner. With this current one you can have three choices. I will add you for this week with CHF and then you can decide next week if you want to diversify.
fez - I will update you

I will then post another starting position

[brasso3] 30/11/2020 08:12

DXY at 91.64.

Seems we are very much 'risk on' in the markets.

[wanobi] 30/11/2020 07:48

Good morning all, Good Health and the very best of luck to you all, cheers Wan :-)

many thanx odsjp, off we go again :-) LOL

give it time ase1 :-) Cheers Wan :-)

mind you, the new Gold as I'm now beginning to view it, BTC is recovering well from its recent dip :-)


free stock charts from uk.advfn.com

[allseeingeye1] 30/11/2020 06:23

Gold still not recovering from here :(

[fez] 30/11/2020 05:52

Hi odsjp

Can I go all in with ARB this week please.

[sharekitchen1974] 29/11/2020 22:46

I seem to have dropped off the list, I was holding CHF and still am if I may

[odsjp] 29/11/2020 21:53

Good luck everyone.
Please check that I haven't made any mistakes on your shares


Week 4 - Start

[klosters65] 29/11/2020 21:48

I am thick. Just got my head around it is not what's the best Investment but what is going up next week. AAZ has done my head in for well over a year.Some of us have unwittingly fallen in love with it / her because the share has made us a lot of money in the past. And yet it is so under-valued. 50% AAZ 50% ORPH again please.

[goldrush] 29/11/2020 21:37

Odsjp

Well CGNR did not deliver last week, but it must be soon....cannot give up now....😀8512;

As I put forward last week PXC timing for PEA is around now with a significant rerating if so....most definitely one of my picks.

Chatter on the CNR thread about land purchases and tolling agreement being substantially completed.

Thus Odsjp please give me 3 equal pots of CGNR, PXC and CNR.

[kfr20] 29/11/2020 21:10

Odsjp.Can I have JKX.

[c0lin1] 29/11/2020 19:57

OdsjpCan i stick with dddd and arb again please

[avsome1968] 29/11/2020 18:37

Odsjp


DDDD , ECR and UJO they are doing a side-track operation on the West Newton B-1 well in North Yorkshire literally 7 miles away from me from what I've heard sounds positive and backed up with recent director dealings.

[2sporrans] 29/11/2020 18:17

oh, and there's a question lacking conclusive answer, as to whether the Kashen [copper] mine - which is what your latest sat. views are revealing - is in fact the same as the Gysibulakh CA resource, as Behre Dolbear / Soviet estimates.

Best to confer with JB on that one!

Either which way, it/they are HUGE.

[2sporrans] 29/11/2020 18:08

Hi Odjsp

Maybe knock 10k off the sub-total for established Gedabek and add that to the 5k stream
for the new Gedabek underground one.
Certainly hope the latter is generating a minimum of 15k from hg ore next year; hoping for more.
Others may differ on this though.

Also, would reduce for Avshancli-3 [essentially a copper resource + bit of gold/silver]
and transfer balance to Gadir extension, + another 5k =15k in all.
Again, hope Gadir can keep up a min. of 15k hg ore going forward; by 2023 will largely depend upon that extension, bearing in mind the recent JORC stated ~50k of proven-probable reserve there.....
Again, welcome others take on this.

Ugur underground does look promising as a copper [+silver] prospect.
I'll need to do a refresh to think if merits more than 5k GE projection.#
Och, leave it as is.
Fine as a ballpark.

Good work!

Matt will be poaching it for the bb header now :0)

[fozzie] 29/11/2020 17:40

ARB, PXC and PANR for me please odsjp.

I expect ARB to come back after its pull back late last week. PXC pea must be close and I think there may be more to come short term for last weeks star PANR. Benn a tough choice for this coming week as I expect gold stocks to start to turn round and wouldn’t be at all surprised to see almost all up on the week. Good luck all, except Mattjos lol

[odsjp] 29/11/2020 17:35

Thanks everyone (especially JB, 2Sp) for comments.

I have posted an updated spreadsheet FWIW but a couple of key points that I have taken away which I did not really realise before:

1. Current plans would only bring production upto a max 100Koz/yr due to processing plant limitations and no plans to build another one at Gedabek.
2. Only way pre-war, we would get to becoming mid-tier or close to it (assume 250K oz/yr) would be to develop Ordubad but this would be difficult due to no land corridor and maybe with JV with Conroy.
3. Post-war it has opened up a huge amount of possibilities with all three areas covered by the PSA currently having mines in production. So we can hopefully expect a transformational RNS to hit one day in the future.

It does seem to me at least that the priority for AAZ would be to agree clarity with the government on their three areas and to start to work more on Ordubad with the rest of the operation funding this work.

It looks like 2021 and 2022 will be transformational :)

Please take everything below with a pinch of salt. I hope the numbers are very pessimistic and that AAZ can deliver much more.

[pogue] 29/11/2020 17:28

I will go for ORPH this week as it looks to have broken upwards, not normally much of a chartist but it looks so obvious that a flag has broken add in the selling seems to have stopped so a rise looks likely chart or no chart.
I will also go for ARB, dip in the price of bitcoin at the end of the week is reversed so expecting a good week there.
No 3rd share so a 50/50 spilt

[jamiedodge] 29/11/2020 17:01

odsjp,
Can I have an even three way split between AVCT, ORPH and RENX, thanks

[qazwsxedc69] 29/11/2020 16:44

I'll stick with my picks too, thanks!

[tolga1] 29/11/2020 16:34

odsjp,
will remain static with my shares, thx

[lefrene] 29/11/2020 16:30

jbravo2, thanks for that bit of clarity. I can't see what France gains except to kow tow to the Armenian diaspora in France, presumably for the sake of a quieter life. Ultimately it will be down to what Putin wants. This rich mine right on the border is going to be a good testing ground of real politic going forwards.