Anglo Asian Mining Share Discussion Threads

[bwana4] 10/6/2021 06:45

Good morning Wan.
I just try and enjoy my life here.
The time is mostly spent in the garden tending the plants and watering them regularly and having conversations at the bar with my friends.
You are always welcome here. I have a villa that is empty.
Bring KS with you and have a holiday here anytime.
Thank you for your kind words.
ATB.

[2sporrans] 09/6/2021 23:59

Goldrush

They're really, really going for it with the roads :0)
.
That's a pretty awesome set of structures to be built for the road to Zangilan.
This is planned as major artery, a trading link with Turkey; of this there can be no doubt. A 4 lane highway [the Western 46km], just to serve Zangilan raion....naaah.

Note that 1 of the 3 new spur roads heading North from this [76km 6 lane] E<>W main highway will end up at Lachin.
There's already a road going up the main valley through a series of towns to Lachin but clearly this new one will be engineered to a far higher standard/capacity.
That implies a link into the NW Lachin and Kalbajar raions might follow on [further up the valley onto the high 'plateau'.
If so, would open up a route to Zod from the South; bisecting the 'lifeline' road into NK province from Armenia but can't see that being much of an obstacle.
While that may not be used as an ore/concentrate bearing route, would surely facilitate development there and incentivise settlement.

[goldrush] 09/6/2021 22:39

More on the highways and roads from Trend.az--

Azerbaijan continues construction of Ahmadbeyli-Horadiz-Minjivan-Aghbend highway (PHOTO)

[wanobi] 09/6/2021 22:37

good day for ARB and TGR,,, cheers Wan :-)


free stock charts from uk.advfn.com

free stock charts from uk.advfn.com

[wanobi] 09/6/2021 22:26

Good evening cmb and thank-you for sharing your current holdings with us,,,, you've done very well buying & sitting on your hands and no doubt lived a free'er life than perhaps many of us :-) :-),,,, oh what a game this is cmb :-) LOL,,,, now then,,,, there's and old saying cmb,,, one, which, I know, you know,,,,, and it goes something like this!!!!

Every Dog Has Its Day,,,,,,

and so might AMC,,,,, once again cmb :-) :-)

it has before as you know, you did well from it :-),,,, questions is,,, can a dog have more than one day :-) LOL,,,, I'm sure it can cmb :-)

fingers crossed :-)
Cheers Wan :-)

thank you for your kind words cmb, much appreciated :-)


free stock charts from uk.advfn.com

[goldrush] 09/6/2021 22:13

I had not looked at the Annual Report until this evening.....I particularly like the front page which highlights Zafer and you can see how close it is to our main complex.... definitely sending a message I think. with a headline.....

.......Successful exploration and (underlined) delivering returns to shareholders.

[bwana4] 09/6/2021 21:00

Good evening all.
Wan, I have been shuffling my portfolio.
My largest holding is in AVCTA now second one is PUR and third one is AAZ now. The forth one is ofcourse the dog.
I only hold 4 shares in my portfolio now.
I have told you before, I ofen average on an uptrend and I have followed that rule recently. NAI ofcourse.
I congratulate you for learning and earning so rapidly in your investment history. You have done very well for the time given. You also run one of the best BB's on ADVFN. Very well done sir.
ATB.
GLA in whatever you are invested in.
I remin sitting on my hands at the moment.

[thistimemaybe] 09/6/2021 18:02

In October last year I was optimistic that the war would open up a route to an immediate share price bump. Progress has been really quite slow, but all all the news still points to progress on all fronts that must lead to something.

Incidentally, it took me a bit of time to look through the 2 June 2021 report, but I couldn't help but read too much into this that was said of Kyzlbulag:

"Our access to the region will be coordinated by the Government of Azerbaijan in conjunction with the Russian peacekeepers."

The use of "will" rather than "might" or some other ambivalent phrase gives reason to remain bullish.

[wimbled] 09/6/2021 15:52

Tier One Silver commence trading today on TSXV:TSLV. ADVFN have not updated their systems yet. TSLV is an off shoot from what was Auryn Resources.

Worth keeping an eye on this one. Very bullish link below.

[katsy] 09/6/2021 15:37

Wow that looks like a 12 lane motorway. The Romans would be proud of how straight that is as well.

[goldrush] 09/6/2021 15:20

2sp

Re Avshancli....Might this not be some of the news which could be in the pipeline for release ?

[goldrush] 09/6/2021 15:15

2sp ....Thanks for posting the link and photo.....Looks like it is combined with the rail link which would be super 😀😀 Ties into all the meeting info with the Turkish transport minister visit 10 days ago which I posted at the time.....They can move quickly in that part of the world !!

[2sporrans] 09/6/2021 15:03

While i'm here, has anyone picked up on the issue of a development/production plan for Avshancli?
Given the possibility of Q4 production.....ought one not to have already been submitted to GoA; like it's a 12 month lead time from sub. date to dev. ko??

[2sporrans] 09/6/2021 14:43

"Before the war broke out AAZ were forecasting 25koz/q4, this didn't happen because they lost staff due to the conflict. The increase output was supposedly due to higher grades underground. However Q1 disappointed in that respect. Does anybody have any thoughts on this?" - Katsy

Katsy
From memory, the av. grade out of Gedabek u/g for Q1 was 1.4g/t; that was about half what one would hope for based on what AAZ advised ~Q3 last year, before the war/staff delays, 10% lower 2020 retargeting etc; also based on what Gadir has produced through the earlier part of each new development phase.
Was the low grade down to development issues, as others have suggested?
maybe having to cut more passages to get to the good stopes?
Dunno frankly; but the deep drilled cores from the surface did indicate the ores to
be very similar in nature, including gold grade, to what is in Gadir.

What has become very apparent, especially courtesy of that Proacative interview following the FY RNS, is that Zafer is indeed a "Major" Copper-gold discovery.
And I'm of same mind as CrazyC; think the JORC [June/early-July?] could well boost the share price above 160p.
Also concur about an enlarged Gosha-Gedabek CA being a substantial price mover, though the very latest news conveyed to me that this has encountered some difficulty in negotiations.
Hopefully will be resolved and just a delay.

Could be yet another test of patience the next 2-4 weeks over the Zafer JORC.
Let's hope there's a further update on the additional drilling since the JORC cut off date, along with the JORC. 50k+Tons of Copper [40 JORC and 10 more indicted/inferred to RNS date] and further drilling programme with 4+ rigs would be neat.

Meanwhile....the road to Vejnaly [and ultimately to Ordubad + Turkey] seems to be well underway:



So, looks like a 4 lane highway + an express haul road :0)

More seriously, if this is indeed the emerging link, maybe the road/rail is combined over this stretch; guess that will save lot of time/$$$$:

[lefrene] 09/6/2021 13:55

crazycoops, any news will do, that confirms the veracity/scale/quality of the assets we believe to be in the orbit of the company. I do understand that in regard to the war properties the company cannot say anything until the government has ticked all the boxes. One hopes that there isn't a 'Sir Humphrey' spinning the job out until they get a pension.

[mattjos] 09/6/2021 13:46

MBO got its skates on today

[crazycoops] 09/6/2021 12:56

That piece of news is quite low down on my own list lefrene. Extended/New CAs and JORC for Zafer are more likely to trigger a re-rating here but who knows, sentiment is a funny old thing!

[goldrush] 09/6/2021 12:37

ODR

RE PUR....and if they keep finding the good stuff and if they don't get it out quick enough.....takeover would be a strong probability.....IMHO

[onedayrodders] 09/6/2021 12:15

thanks bwana

[lefrene] 09/6/2021 12:03

It's the stockpiled good news that we'd all like to see, and hopefully get this absurd valuation closer to something that reflects the assets and prospects.

[the stigologist] 09/6/2021 11:03

#NSCI Netscientific

As a bit of fun I've taken NSCI's old 'internal' estimates of potential value of their Investments in Glycotest, $PDSB and ProAxsis and plugged it into my SOTP valuation spreadsheet

I get a potential target price* of over 4000p ! vs current 160p





NB this may be 'conservative' for #NSCI

Those old internal estimates are of Sales. Many US game changing tech companies trade at MULTIPLES of Sales not 1x Sales as I've assumed

Also those sales estimate were pre Covid

$PDSB success in covid vaccine would be game changer

[mattjos] 09/6/2021 09:51

They must have got a bit of stockpiled ore from Vejnaly by now & have run some tests to determine how they might blend it in for processing

[jbravo2] 09/6/2021 09:39

No I'm afraid not.
I'd love to of course but the area is still dangerous.

Two journalists were killed by a mine in Kalbajar just this week. This was only 10 miles from Zod. Demining continues.
I suspect there are very few mines actually around the mine itself due to the number of Armenians that were in the vicinity but it is mines placed as the withdrawal happened that are the danger.

[king suarez] 09/6/2021 09:30

Very nice JB2 - have you done a sneaky trip out there without telling us all?

[jbravo2] 09/6/2021 09:27

For anyone in any doubt about the quality of Zod mine and its ore, here's a snippet showing some beautiful ore.



Armenia continues to scratch around on their side of the border but has no access to the main part of the mine.