Anglo Asian Mining Share Discussion Threads

[michaelfenton] 21/11/2022 10:52

I trust them too and am invested. Too many conspiracy theories on here?

[wanobi] 21/11/2022 10:47

will be interesting to see if STCM finds some support or closes that GAP further down,,, nothing surprises me any more in this game :-) GLA Cheers Wan :-)


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[bumpa33] 21/11/2022 10:43

£27m raised at 2 quid for example…!

[wanobi] 21/11/2022 10:43

PRD,,, GAPS and all :-) LOL,,, looking strong today :-) GLA Cheers Wan :-)


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[gutterhead] 21/11/2022 10:24

So you don’t trust the management Zangdook.
It’s not just a summary of others feelings.
That’s fair enough.
I do trust them hence I’m invested

[wanobi] 21/11/2022 10:21

also made a few quid on it,,, a profit is a profit 1h,,, don't be too hard on yourself,, another one will come along at some point :-)

try MBO, in at 20p,,, down to 3.5p... now that was a regret,,, but,,, has to be seen as a learning exercise :-) LOL :-)

Cheers Wan :-)

[1hercule] 21/11/2022 10:16

Arb my biggest regret - bought at 9p and sold at 20p thinking how clever I was.

[wanobi] 21/11/2022 10:16

yes, I saw that this morning,, big brand name relationship maybe a very good sign of good things to come av68,,, nice one, many thanx :-) Cheers Wan :-)


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[wanobi] 21/11/2022 10:13

eerily quiet today :-) LOL :-) hmm, YIKES!!


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almost back to square one !!!! Hmm

Cheers
Wan :-)

[goodgrief] 21/11/2022 08:38

Wonder when AAZ will next attend an investor presentation? Either in-person or online? And face investor scrutiny. It has also seemed a light strange that the CEO never pitches up at these events.

[zangdook] 21/11/2022 08:31

I did, a long time ago. No reply. Anyway, their explanation that it's too difficult because of liquidity is false, so I take everything they say with a pinch of salt now.

[terropol] 21/11/2022 08:26

Zangdook, Good morning.

You could email the company and ask the question re BB or no BB and ask why.
WE can keep speculating on here and getting no were....

[wanobi] 21/11/2022 07:17

Good morning all, Cheers Wan :-)

[zangdook] 21/11/2022 04:01

dp 49568

That is supposed to be why Sarkozy was so keen on bombing Libya in 2011 - nothing to do with human rights, but Gadaffi was proposing to set up a gold-backed currency to replace the CFA.

The French also went on taking interest payments from Haiti until 1947 on the payoff they demanded in the early 1800s in return for not invading and enslaving the entire country.

I also can't help remembering how, after we and the Americans drove the German occupiers out of France, the first thing they did was jump on ships and go back to reoccupy Vietnam.

"A nasty place on the way to Italy" though we have our own shameful history of colonialism too.

[wanobi] 20/11/2022 19:38

hope you've all had a restful weekend and are now ready to face these tricky markets once again this coming week :-),,, best of luck to all :-)

Cheers
Wan :-)

[zangdook] 20/11/2022 01:24

gutterhead

I presume your comment was intended for the earlier posters whose views I was summarising? For myself, I trust the management to dig stuff up and sell it and keep the company running, and for the potential growth in that business I have a large stake here. The size of my stake demands that I keep a close eye on peripheral areas too. I observe that there has been some funny business wrt SPA and the buyback, and while I don't think either broker relations or share buybacks are central to the company's operations, any sort of funny business is cause for concern.

I also use these boards as a sort of aggregator of investor confidence, and the repeated assertion by multiple posters that the buyback is not running for reasons entirely different from those stated by the company, which carries a clear implication that some investors feel the board are lying, is a further cause for concern.

The buyback so far has cost under £150k, so it's not a major issue in cash terms, but the notion that the board may not have been straightforward with shareholders about a minor deployment of cash raises questions for me about other non-core uses of cash, in particular Libero.

So, from my point of view, there are some small red flags starting to pop up, but I won't divest until I see a risk of contagion with the core operations. Others will have to form their own opinions. I suspect some posters are asserting superficially sensible reasons for the non-buyback (share price will go lower / close period / better uses for cash / different opinions in the BoD etc etc) simply to avoid looking at the elephant in the room, which is that we can no longer rely absolutely on company statements.

[mattjos] 19/11/2022 21:47

Can we please jut forget the BuyBacks now?
The company has told us that production will meet expectations for the year and also advised what further news is due before the end of the year & the strategic plan to be issued.
Plenty to look forward too in the near term

[gutterhead] 19/11/2022 16:05

If you don’t trust the management, move on.

[zangdook] 19/11/2022 14:21

So the consensus seems to be that they were knowingly lying when they said they were trying to buy back shares but it was too difficult.

[riggerbeautz] 19/11/2022 12:52

There was a little mosh pit or 3 kicking off lol

[wanobi] 19/11/2022 12:46

I predict a riot :-) LOL :-) Cheers Wan :-)

[riggerbeautz] 19/11/2022 12:45

PapyO2 apologies saying thank you too, was sidetracked yesterday getting myself to Brum and suffering after one too many watching the Kaiser Chiefs, Fratelli’s and Sherlocks with my youngest.

Will enjoy that interview with Deden on a more sedate night later :)