Anglo Asian Mining Share Discussion Threads

[brasso3] 17/2/2021 07:32

Agree. I have a lot of respect for Bumpa. I think he will be proven right on EVG now the shenanigans are out of the way.

[riggerbeautz] 17/2/2021 07:30

Brasso, I’ve took a couple of chunks the last couple of days, can’t see EVG staying sub 10p now, even if others do dispose of cheap shares.

[wanobi] 17/2/2021 07:27

EML RNS DP :-) Cheers Wan :-)

btw is Dave still hot for PLTR after yesterdays news, fall,,,, time to buy??


free stock charts from uk.advfn.com


Emmerson Plc, the Moroccan focused potash development company, is pleased to announce that it is in the process of assessing a conceptual, staged, development for its 100% owned Khemisset Potash Project ("Khemisset" or "the Project"), aimed at reducing upfront capital costs and incorporating expansion options into the development plan of the Project. Emmerson recently received the Mining Licence (see RNS dated 9 February 2021) for Khemisset providing the Company with the exclusive right to develop and mine the potash deposit, in the Khemisset basin ahead of the anticipated initiation of construction by the end of 2021.

[brasso3] 17/2/2021 07:26

Topped up on EVG yesterday. Might take a bit more today.

[riggerbeautz] 17/2/2021 07:23

Wan EVG seems the resident ramper was on the right track ;)

[onedayrodders] 17/2/2021 07:23

What a magnificent scam.True awesome Ponzi scheme .. the higher it goes the louder and painful the end result. It will simply be like turning a light off.... wait a minute ?

[wanobi] 17/2/2021 07:22

EVG RNS Today Rb :-) Cheers Wan :-)

STAR COVID-19 trial exceeds 100 patients

Evgen Pharma plc (AIM: EVG), a clinical stage drug development company, announces that as of 16 February, a total of 102 patients had been recruited and randomised to the STAR trial ("SFX-01 Treatment for Acute Respiratory infections").

This Phase II/III trial is a randomised, placebo-controlled trial, sponsored by the University of Dundee and funded by the UK charity LifeArc. It is investigating whether the Company's lead asset, SFX-01, can reduce the severity, or prevent the onset of, acute respiratory distress syndrome ("ARDS") in patients with suspected COVID-19. Patients may be included in the study if they are infected with SARS-CoV-2 or another respiratory infections causing community-acquired pneumonia.

The trial design includes an assessment of safety and futility by a Data Safety and Monitoring Board ("DSMB") who will review unblinded data on the first 100 patients treated. In addition to the DSMB safety and futility assessment, Dundee University ("the Sponsor") has decided to review the top-level unblinded data in a preliminary assessment of possible efficacy. This may lead to adjustments to the design of the trial for remaining patients, including in patient numbers, and possibly early termination for either safety, futility or alternatively, strong efficacy. It is expected that this initial data will be available during the second quarter of calendar 2021.

The Sponsor has also requested that the DSMB review data from the first 60 patients solely for safety and this process will be starting shortly. The outcome of this is expected to be available in early Q2 2021.

Completion of recruitment to the STAR trial is anticipated at the end of 2021/Q1 2022, assuming there are no substantial changes in the total patients to be recruited.

Dr Huw Jones, CEO of Evgen, commented : "We are pleased with the recruitment progress in this trial and would again like to thank Professor James Chalmers and his colleagues at Dundee for their considerable efforts in a very challenging clinical environment. Randomising over 100 patients is an important milestone in this trial and takes us a step closer to receiving the initial data from the study. We look forward to further updating the market as we progress through this important trial."

[riggerbeautz] 17/2/2021 07:21

Brasso, you missed your true vocation, with your added profits from freshair coin, I think you should retire and take it more seriously ;0)

[wanobi] 17/2/2021 07:19

AAZ presentation from 1.01.54 :-)

Cheers
Wan :-)

[wanobi] 17/2/2021 07:18

Good Morning, Good Health & the very best of luck this fine day to you all :-)

Cheers
Wan :-)

[brasso3] 17/2/2021 07:12

Should be a good day at ARB. OTC close around £2.60 equivalent price.

Freshair coin has popped through $50k. I think $52k - $55k is the short term target. $600m of new money to come in over the next few weeks to bitcoin from Microstrategy. No brainer?

[onedayrodders] 16/2/2021 23:18

Fed's Bullard Says Bitcoin At $50,000 Not A Threat To Dollar, Sees No Asset Bubbles Anywhere: "It's Just Normal Investing"

LOL !!

[onedayrodders] 16/2/2021 23:17

Rigger ... many thanks

[mattjos] 16/2/2021 19:40

I might add that on this particular stock to date, the LSE forum is much more informative for those interested and wishing to do some more detailed research. The ADVFN thread is rather lacking in this regard Burt, will hopefully improve as we move ahead.

[mattjos] 16/2/2021 19:36

I am currently assuming the existing production facilities will suffice for this calendar year but, if they have to expand before the year-end that's a nice problem to have & will re-adjust my projections accordingly. I'm not selling any shares any time soon, given the current growth trajectory & global drivers for uptake.

[king suarez] 16/2/2021 19:00

Do you envisage a swift expansion of production at some point this year (beyond the initial transferred Murata lines)? Seems a lot of demand for the chips..

[jeanesy] 16/2/2021 18:51

Having only made a small investment in CPX a while back thanks to Matt bringing it to our attention I think that after today's news i need to make it a more substantial one. I would recommend anyone here to watch the epishine press release that accompanies today's news ... 20p would do just fine for starters :) Thanks again Matt

[king suarez] 16/2/2021 18:43

£2 will do me!..

[mattjos] 16/2/2021 18:39

CPX is one of those stocks that is going to move up with no regard for 'traditional' valuation metrics, imo.It's in exactly the right space at the right time and now an OEM. I cant tell exactly how long it will take but, I believe it will get to £2 a share at some point in the future.The potential is staggering & i doubt many really understand it just yet.

[king suarez] 16/2/2021 18:15

I actually bought into CPX in my SIPP a little while back around 11p - see it as a good long-term play also - thanks for highlighting it here. Not the kind of stock I would have found to look at otherwise. Looked at MBO also, and quite keen, but need to free up funds to invest..

[mattjos] 16/2/2021 18:12

thanks KS, hadn't spotted that but, was expecting Richard to pop up again somewhere soon.
He was good counsel for the AAZ board for many years and should provide same for Rambler.
I am occasionally following developments at Rambler but, still a little too early for me (if indeed ever) according to my preferred technical set-up.

I think the CPX RNS today was of much greater note & given its odd timing, probably not yet been noticed by many (assume the Epishine news release timing rather forced CPX to make that RNS at such an odd time).

[bozzy_s] 16/2/2021 18:11

Share price held nicely today. After recent performance I'd have expected minus 5p on a gold down day.

Maybe there's decent support at this price.

I'm not tempted to add at the moment. There's the 2021 production guidance to be announced sometime, which I'm expecting to disappoint. I'm expecting it'll be another year of reduced output. AAZ has been very lucky in 2019 and 2020 that lower production has been more than offset by higher prices.

Can't expect that forever. Hopefully they'll get access to the new mines soon, and be able to increase production in 2021 or 2022. That will ultimately move the share price to another level.

Re FX rate; unfortunately we've had a strong £ recently, so at $1.39 our dividend yield, and AAZ's earnings in £, will be reduced slightly.

Edit - I saw Matt's note about steady state production. Yes we have to give credit to AAZ for that. It means that, while production might drop from year to year, it shouldn't be a total disaster. Worst case scenario is our 5% dividend is easily covered.

[king suarez] 16/2/2021 17:59

Mattjos - you might be interested to know that Richard Round (formerly NED at AAZ) has joined RMM..

[mattjos] 16/2/2021 17:43

bang on with your TA Brasso, imo … its a nice long 6½ wedge too … upside should be quite noticeable when it breaks out :-) … circa $2,130, imo & that will be new Highs

[brasso3] 16/2/2021 17:37

Jeansey

Gold is at the bottom of the falling wedge so nothing to worry about yet. DXY is up so that is why gold is down.