Anglo Asian Mining Share Discussion Threads

[mattjos] 15/11/2022 13:22

TRT limits anyone pls

[bleepy] 15/11/2022 13:00

LIBERO COPPER SIGNIFICANTLY EXPANDS POTENTIAL SIZE OF THE MOCOA DEPOSIT

November 15, 2022 – Libero Copper & Gold Corporation (TSXV:LBC, OTCQB:LBCMF, DE:29H) is pleased to announce the ongoing field program has identified a large 2 kilometre long by 800 – 1,000 metre wide multi-element soil geochemical anomaly coincidental with the Mocoa porphyry copper- molybdenum deposit located in Putumayo, Colombia. This significantly expands the footprint and potential size of the deposit outside of the forest reserve in areas that have not been previously drilled.
Highlights
• 2 kilometre by 800-1,000 metre copper - molybdenum soil geochemical coincidental with and expanding the potential of the Mocoa copper-molybdenum deposit outside of the forestry reserve (Figures 1 to 5).
• The soil geochemical anomaly extends more than 500 metres north and 500 metres south of the area previously drill tested.
• Elevated copper in soil samples extends for an additional 2 kilometres south of the main copper-molybdenum soil anomaly.
• Elevated levels of zinc and lead in soil samples occur marginal to the main copper- molybdenum soil anomaly and is coincidental with previously identified porphyry targets, which may represent mineral zonation to productive additional porphyry systems at depth.
• Libero Copper previously identified 9 additional porphyry targets in the area (possible clustered porphyry system) supported by geophysics and rock sample geochemistry (news release dated May 3, 2022). The ongoing field program is now collecting soil samples over these additional porphyry targets.

[zangdook] 15/11/2022 12:36

£1 is probably the signal for them to buy another 50k, as the stock is so undervalued at that level.

[wanobi] 15/11/2022 12:36

nice one Rb, thanx, Cheers Wan :-)

[wanobi] 15/11/2022 12:35

free stock charts from uk.advfn.com


Cheers
Wan :-)

[riggerbeautz] 15/11/2022 12:32

Better news here.

[michaelfenton] 15/11/2022 12:20

Good update from Libero in Colombia?

[baddeal] 15/11/2022 12:10

We'll probably get it xmas eve then given our track record in IR..

[gutterhead] 15/11/2022 11:31

Looks like a challenge on 100p coming soon.
Back in early 2019, after a few attempts, it raced straight through.
Over 100p before news will do nicely

[wanobi] 15/11/2022 10:50

many thanx jb2, Cheers Wan :-)

[jbravo2] 15/11/2022 10:40

Don’t think it’s a BB thank goodness, however you’re right on the stock.
Can see just one MM quote offering me 5000 at a smidge under 96. Nothing else.

Can see five quotes for between 10-25k and 90 to 92.5p to take ‘em off me. Total over 70k

Could bust a move this afternoon unless mr seller lets a few more go.

[jbravo2] 15/11/2022 10:33

I assume the growth strategy will land sometime in the next month.
There would seem to be little point releasing it in the week before Christmas.

[wanobi] 15/11/2022 09:45

AAZ - could that 20K be a Company BB I wonder :-)

GLA,
Cheers
Wan :-)

edit, doesn't look to be much AAZ stock about at the moment,,, bodes well for a rise on a sniff of demand for them,,, are we getting back to the good old days, or am I just wishful in my thinking????

:-) LOL :-)

[2sporrans] 15/11/2022 08:59

lef

Reflecting upon the "deep understanding" you attribute to the Bod.
There's this awkward fact to square up with:

During Q3, while AAZ were sitting upon that 7k of dore they could readily have sold during June for over $1820/oz, they:

"Produced 10,473 ounces contained within gold doré",
which they pretty much sold by the end of Q3:

"Q3 2022 gold bullion sales of 10,000 ounces at an average of $1,727 per ounce."

Well, considering the POG went as low as $1620 during Q3, suppose they did OK with that sale.
Nontheless, if they could read the market so well, they would have realised it was so much better to have sold what they could during H1 for ~$100/oz more and if they were going to build a 7k inventory to do that when the $ surge was ongoing and the POG consequently a fair lot lower.
Indeed they could have finessed this by extending their inventory build period into Q4, reading the markets astutely.

So, for me, they have already failed to demonstrate any prowess at the trading/gambling game.

Well, I expect you will say that the BoD were taking the long view when they decided to sit on the 7k dore and the timing a minor consideration.
Perhaps.
And maybe you will end up having the 'last laugh', say if they sell the inventory for well over $2k-oz, just when they have planned out a large CAPEX programme.

Then again: If you get lucky, you don't need to be smart.

[bumpa33] 15/11/2022 08:42

Don’t mention taste though do they….

[someuwin] 15/11/2022 08:41

Yup BSFA Mkt cap £7m. Looks very interesting if they've cracked Lab-grown meat.

"...Two of the fillets were then pan fried, cooking rapidly and throughout while maintaining integrity and shape and exhibiting only minimal shrinkage, as would be expected during the preparation of high-quality farm grown meat. The fillets seared easily, showed heavy caramelisation with charring and crisping on the surface, and the aromas were identical to those of barbecued meat. In summary, the test results met, and in many areas exceeded, our expectations in all respects.

A further significant development was that the prototype fillets were all produced without the use of conventional plant-based scaffolds or fillers, as have been universally adapted by the industry to date in order to ensure structural integrity. The fillets were therefore 100% meat, leading the Company to believe this is one of the world's first 100% cultivated meat fillets to be produced.

This was made possible as the fillets were cultured in 3DBT's patented, serum-free and animal-free cell booster, City-mix(TM) . City-mix(TM) enhances growth of cells and tissues to the point that the need for a scaffold is eliminated. City-mix(TM) is a critical intellectual property component of the Company's offering, providing clear competitive differentiation and world leading technology.

As previously announced, the Company expects to produce a larger scale prototype in six to eight weeks and is on track to produce its showcase full-scale fillet of 100% meat in early in 2023..."

[katsy] 15/11/2022 08:25

Great set of results over at DX.

finnCap

DX (DX): CORP Investment driving high service levels and growth DX has reported a strong set of FY 2022 results, driven by sales up +12% (improving during the year with H1: +11%, H2: +13%), operating margins rising from 4.4% to 5.9% and adj. EPS rising +42%. The investment in infrastructure, systems and staff is paying off, supporting high service levels and market share gains. Management has reiterated the Group is well positioned to achieve its growth objectives despite current economic headwinds, the target operating margin remains 7.5-10% (FY 2022 5.9%) and the target FY 2023 dividend is 1.5p (marking a return to the dividend list). With net cash of £27m, a FY 2023 free cash flow yield of 12.6% and dividend yield of 6.0%, we reiterate our target price of 57p (+128% upside).

[jbravo2] 15/11/2022 08:06

Pleasure wan
:)

[wanobi] 15/11/2022 07:23

FRG :-) ,, spot on jb, many thanx, Cheers Wan :-) This is exceptional and amongst the best intercepts recently reported by our global peers and confirm the presence of lithium in our pegmatite system.......

[wanobi] 15/11/2022 07:18

Good morning all, Cheers Wan :-)

[zangdook] 15/11/2022 01:18

"it could just be that the Board ... decided..."

given the buyback debacle I don't think the board are actually thinking that deep or that far ahead. There was lots of talk about they were cleverly waiting for lower prices etc to buy back shares. They weren't, they were being half-hearted or incompetent. I don't see any reason to imagine they're any better at managing gold sales.

Get the stuff out of the ground and flog it, and don't try any funny business, in which I include throwing money at dodgy Irishmen and Colombians.

[jbravo2] 14/11/2022 22:56

:D
Can’t help myself rb
Should know better but I enjoy it too much
:D

[2sporrans] 14/11/2022 22:40

Lef

Ahh.... yes, the house price booms; not the sort of boom i was thinking of, notably absent since that Gordo gaff.

If only any of those been followed by even a solitary homes construction boom, then maybe there would have been some cause for celebration.
Sadly, nothing approaching even a boomlet for new homes since Gordo strutted his stuff.
There was however a [continued] curtailment of council house construction which has served to exacerbate the chronic shortage of homes, at least in the areas they are sorely needed.
Also, widening the gulf between rich and poor, fueling corrosive inter-generational divide and frictions.