Anglo Asian Mining Share Discussion Threads

[avsome1968] 12/2/2021 20:37

Avsome1968 you sound like a clued up bloke...I got my mortgage at 21 and had it paid off by 27....and I’m just a joiner so not massive pay...just takes hard work and not having things you can’t afford

Funny old world sounds like were a chip of the old block, i learnt my trade in a small town called wakefield also joinery , first house cost me 12k 33 years ago remember how i struggled to pay for the mortgage with having to fork out for a car going out with my mates interest rates back then 7% but actually went up to 14% lol. The car had to go realized houses make money cars lose money even to this day i've never bought a new car or van never will i couldn't give a monkeys what i drive it's what you live in that counts and home comforts.

This afternoon i viewed a lovely house with 10 acres 3 acres woodland with a large boating lake that free roaming badgers live could see the footprints in the snow were they've been scurrying about, house needs a bit of work maybe 70-80k would bring it back to its best truly stunning and all for 600k bargain me thinks.

i will be doing a lot of homework over the weekend on the house find any pitfalls and a jolly good chat to the wife see if we have enough energy for another project and hopefully have second viewing.

With all this covid about think it's the way to go live of your land avoid crowds because covid going to be around for a long while,have a good weekend chaps.

[brasso3] 12/2/2021 20:29

Closing in on $28 trillion!

[bleepy] 12/2/2021 20:23

Putin has skin in this game...

[jbravo2] 12/2/2021 19:57

Blimey, that’ll be a turn up for the books if that meeting happened. Have to say I didn’t expect Az to be meeting with them. Wonder where they think this will take them.

[bleepy] 12/2/2021 19:24

Azerbaijan interested in active inflow of investments from friendly countries within restoration of liberated lands - Azernews newspaper

Azerbaijan plans to allocate about $1.3 billion for reconstruction work in these territories in 2021, the article says.

In particular, these funds will be used to restore infrastructure (electricity, gas, water, communications, roads, healthcare, education, etc.), as well as cultural and historical monuments.

[bleepy] 12/2/2021 19:19

The first meeting of the representative of Baku with the leader of the Karabakh separatists

Baku/12.02.21/ Turan: On February 12, through the mediation of the commander of the Russian peacekeepers, General Rustam Muradov, a meeting was held between the official representative of Baku in Nagorno-Karabakh and the leader of the separatists Arayik Harutyunyan.

Official Baku has not yet confirmed the holding of such a sensational meeting.

[bleepy] 12/2/2021 19:08

Kyzlbulag – Nagorno Karabakh

This contract area contains the Kashen deposit in Nagorno Karabakh’s northern Martkert region. Estimates have been recently published that the deposit contains 275,000 metric tonnes of copper and 3,200 metric tonnes of molybdenum. The deposit has been mined by open pit and in 2016, an Armenian Company “Vallex Group”, inaugurated an ore processing plant in which Vallex Group claimed to have invested US$130 million. The Armenian Government also announced at that time that they believed the non-ferrous metal reserves of the Kashen deposit were sufficient to keep the new plant operational for at least 25 years. As far as the Company is aware, the plant is intact and together with the mine is not currently operating. Russian peacekeepers are currently present in the area and our access to Kyzlbulag will depend on the final resolution of the status of Nagorno Karabakh.

[wanobi] 12/2/2021 18:44

I traded ARB this week and have done well,,,, thankfully I left my final position open over the weekend and now will probably keep adding to it as it really looks like BTC is gaining some serious main street traction,,,, I'm still not classifying myself as a crypto disciple, but, I'm not prepared to sit back and "look a gift horse in the mouth" whilst the thing is gaining serious traction :-) Cheers Wan :-)

[wanobi] 12/2/2021 18:40

now that would be a balanced debate for sure,,,, go for it :-) Cheers Wan :-)

[inaminute] 12/2/2021 18:40

I hope so. You got me into ARB at 7p :)

[brasso3] 12/2/2021 18:39

Me and ODR are going to start a crypto podcast... :)

[wanobi] 12/2/2021 18:38

many thanx Brasso,,, it's been on my watch list for sometime whilst its been going sideways,,, now it's broken out I thought I'd give it a whirl based upon the chart and not a lot of DYOR :-) LOL,,,,, fingers crossed, cheers Wan :-)

[wanobi] 12/2/2021 18:36

LA - I'm afraid the Donald & Dave Podcast has sadly come to an end,,, hopefully it'll be back at some point,,,, but that's beyond my control :-) :-) cheers Wan :-)

[brasso3] 12/2/2021 18:35

Wan

Once you enter you never leave the PPC mad house. I have been involved since 2006 (one of my worst investing decisions). I have learnt a lot along the way and had to put up with Piperpeters torture for most of the journey.

The turnaround is on.

[wanobi] 12/2/2021 18:30

Pp where are you,,,, I finally bought into PPC today :-),,, as you say, "nobody likes us, we don't care",,,, chart play for me, which is shaping up nicely :-) Cheers Wan :-)


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[brasso3] 12/2/2021 18:26

Is it OBC that is behind the ADVFN plusone coin?

[wanobi] 12/2/2021 18:26

hi Ged,

JAN - yep, looking good, just a gap to ignore now :-) Cheers Wan :-)


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and yep :-)


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[fez] 12/2/2021 18:25

Riggerbeautz - Yes agreed re MODE - that was another red flag for me when I originally looked at it. Do you have a link to Bumpa's post plz?

There is another poor BTC-related investment that gets alot of attention on Twitter that is also pretty dire (O B C)

[brasso3] 12/2/2021 18:03

Looks like its going to $3.50 on the OTC market. NASDAQ listing coming? :)

[wanobi] 12/2/2021 18:02

as always guys I am truly humbled and grateful for all your contributions to this little old thread,,, many many thanx.... I wish you all great weekends and now over to you, odsjp for the competition :-) Cheers Wan :-)

[thistimemaybe] 12/2/2021 17:44

Gregg - there is also the genuine wildcard possibility that the Kashen/ unpronounceable Gyzilbulakh mine near Ortakend might fall into AAZ's lap complete with several hundred million dollars of new equipment, but the odds of that are certainly somewhere worse than 50-50 and no sensible investor would invest on the assumption that that will actually happen!

[2sporrans] 12/2/2021 17:44

The GPM prospectus is certainly worth a dig.

Here's a link:

hxxps://www.ise.ie/debt_documents/Prospectus%20-%20Standalone_bd92d771-9705-4c57-b342-10c6d64c4c5d.PDF

The Albion plant started operating in 2014 and had a dramatic impact upon the
extraction efficiency of processing the sulphide ores.
Although the prospectus references Glencore as the implicit source of the technology, note from what JBravo has just posted:
"The Albion Process technology was originally developed in 1994 by MIM holdings/Xstrata and is patented worldwide."
The prospectus references to Glencore as owning the global rights to the technology [patents], which makes sense as Glencore and Xstrata [which gobbled up MIM previously] merged in 2013, the year before the GPM Ararat facility was completed.

Anyway, here's a snippet from the prospectus:

"Albion Process Technology has allowed the Group to increase the total gold recovery toup to 87-88% within two years from 20-30%, resulting in an increase in the production output from 45.9koz to 129.5koz on gold equivalent basis in the same period. [Note, TS: period was 2014-16] This technology combines ultrafine grinding and oxidative leaching under atmospheric pressure. Albion Process Technology allows the concentrate containing base metals and precious metals to be processed by oxidation of sulphide minerals and recover metals for further extraction in conventional manner. Moreover, the technology, while improving efficiency helps to
minimise any impact on the environment."

So, ESG credentials too.

Wonder if AAZ may be knocking on Glencore's door.
Is there any merit in some kind of JV, what with the optimal scale/cost of plant
and perhaps it might be situated at a location where it could serve other mines over decades to come, where infrastructure is [going to be] good, labour abundant and security/political concerns allayed?

[oakey1] 12/2/2021 17:40

Leopold and arab....it was 27 years ago I bought so yes houses were quite a lot cheaper back then but so were wages....you’re stuffed if you’re in London I find the prices ridiculous...get a job in Yorkshire and move....do it quickly though as I’m building a wall 😁

[baddeal] 12/2/2021 17:36

Gregg Think you have captured the situation well, plenty of development opportunities to drive production up but prioritising investments is going to be crucial.One of the reasons I like aaz is it's history to date of not going for equity dilution. Encouragingly now we have a strong balance sheet and good debt capacity such that even significant investment capex could be funded without the need for equity. Clearly a strong pog (usd 1800 or above) means we continue to throw off good cashflow to fund the expansion. My own investment thesis is I will be happy to see a clear pathway developed through 2021 to deliver rising production through 2022 into steady state of 200k oz + in 2023. Challenging but feasible with the wealth of opportunities that the company has. Impact on share price would be huge if they can deliver.