Anglo Asian Mining Share Discussion Threads

[pogue] 07/2/2024 10:21

Some interesting stuff re EEE. Basically, SB has started to address the fears of those that don’t understand the extraction process. High grade titanium in sandstone is unusual. Normally its high grades in hard rock and low grades in sand. Both are profitable but have different costs sandstone is soft rock and the ore is TiO2 which is good as most other ore is TiO3 that needs reduced to TiO2 to be processed therefore more cost. High grade TiO2 in sandstone is relatively unknown. I did some research a while back and found that the Russians developed a process using magnets about 20 years ago and from the interview that appears to be the route SB is going. 6 to 12 months in the lab looking at the process then build a pilot plant within 18 to 24 months, presumably from now not after the lab tests. He doesn’t seem to worried about the process and is just cranking the handle to get the exact chemistry worked out. Will need some fund raising obviously for is pilot plant but that will be 12 months from now I expect. That said I don’t hold just now as its clearly being traded so without short term news it will drift lower I expect, probably going to get that wrong though and a monster RNS will hit from left field lol.

[mattjos] 07/2/2024 10:19

wont take much by way of positive news to set AAZ off on a run smartly higher, imo

[mattjos] 07/2/2024 10:10

Results of the election are foregone conclusion.
As soon as the result is proclaimed, pretty damn sure that Aliyev will want to start a campaign of good news to reinforce the wisdom of voting for him.
He certainly wont want any sort of negative news like there is in Turkey just now about recovery form the earthquake.

News on growth in the economy, jobs & opportiunities in a newly revitalised NK etc etc
This will be the order of the day and AAZ can and will be part of that positive narrative going forward.
I do not doubtr that the government and the relevant Ministries will be fully supportive of everything we endeavor to do going forward from here after this recent BS incident.

[mattjos] 07/2/2024 10:03

cant buy any AAZ online

[e43] 07/2/2024 10:00

Latest Crux interview with SB of EEE,link on lse,

[mattjos] 07/2/2024 09:56

Zip available online

[pogue] 07/2/2024 09:38

CTL is a share I have been trading initially with great success but got caught on a snake by a statement from El Presidente of Chile that he was going to nationalise the lithium extraction industry. Turns out what he is actually doing is assisting it to grow and it was used by shorters to panic the market. I am still up overall but the last trade is painful as I still hold some from around 40p. The statement hit the share price badly then then they needed cash that was supposed to come from an ASX listing but the ASX is having staffing problems and are completely unable to do anything in a reasonable time however the need for cash remained to keep the lights on and the price cratered before the management gave in and had a fund raise at 22p. The CEO has a large holding of the company and the rest of the board have bought their own shares so are committed. Should be noted the lithium price also took a major hit due to Chinese overstocking but that seems to have bottomed as well

It fell further than I expected and hit 14p recently and has now started to rise and is at 18p. I avoided the fundraise but have bought in on the way back up. The company, from profitable experience, are very good at talking the price up and are now at it again in a big way. Every 2 weeks, tonight is the second one, they are giving presentations on everything they are doing in minute detail. There is good news flow coming in the form of a pilot plant being commissioned and the progress of the licence, CEOL, which from speaking to the CFO is basically a license to print money. It is not expected the granting of the licence will be an issue as they have paid off the local tribes, who are many miles away anyway, with jobs and beads so tick the boxes. The CEO is on good terms with El Presidente and he is advising him on how to make the lithium industry in Chile to go green, CTL produces ’Green’ lithium via a brine filtration system rather than the usual ‘UnGreen’; evaporation system normally used in Chile.

It’s a trade though as the Australian ASX listing will still happen and they need 200 new investors from Oz to participate to make it happen so more dilution coming. Currently board are predicting around April. Having said that ASX exposure should boost the price as it’s basically a mining exchange and this company is very undervalued for the position it is in. Funding, which will obviously send the price rocketing, should become clearer when the product of the pilot plant is passed round possible off takers so expect that to all be very clear by year end latest. Meanwhile drilling continues to flesh out their prospects even more.

This is not financial advice I don’t have the qualifications I do hold the shares though so am talking my own book. DYOR this post is for entertainment purposes.
PS
I told you that was the kiss of death me posting re HVO it seems to have dropped a little today. I expect this post to have the same effect on CTL lol

[bazboa] 07/2/2024 09:32

Anyone have access to this? https://www.mining-journal.com/london-to-a-brick/opinion/4170639/anglo-asians-mining-offensive-azerbaijan?utm_source=sendinblue&utm_campaign=MJ_Global_Edition_%20FEB%2006%202024%20-%2012:50:37%20UTC&utm_medium=email

[donald pond] 07/2/2024 08:28

Wouldn't be surprised to see a couple of buys here today. Suspect after election we will open the news flow

[wanobi] 07/2/2024 08:21

Good morning all, Cheers Wan :-)

[bumpa33] 07/2/2024 07:28

You can bet the farm a large % of that has been forward sold…

[bazboa] 07/2/2024 07:25

1.5p....will be a nice drop today

[riggerbeautz] 07/2/2024 07:21

Just don’t like to comment much, always riles someone but you just get to expect these things on some stocks.

[bumpa33] 07/2/2024 07:20

DGI - buys equipment and describes it as “transformative”. Well hell yeah!

[bumpa33] 07/2/2024 07:19

Deltic - nice bit of business and complete derisk of well costs.

[bumpa33] 07/2/2024 07:17

HE1 - and there’s the placing. Textbook retail mugging again. 1.5p 🙄🤦🏻🤦7995;

[mattjos] 06/2/2024 22:54

something clearly going on at Libero Copper ... I do not know what, other than buying that long awaited $0.02 gap fill on the daily chart that I have previously mentioned.

Here is the monthly chart with volume:

[pogue] 06/2/2024 22:30

cheers SSB

[sideshowbull] 06/2/2024 19:52

HVO chart for my friends.

Was a question about Gaps again, yes there is a Gap and go (never return) however I never seen it on a currently trading AIM share or even past 5 year AIM share,

I would be very nimble in any AIM share.

No advice.

BWTFDIK

[2cmb] 06/2/2024 17:34

Wan'every investment in the stockmarket carrier a risk. Today you earned a small amount by taking a chance because of the hammer on the DEST chart !! The shareprice has been hammered there by a persistent seller ! You could have ended being locked in to some extent or taking a loss !!
I hope I am not seen as a ramper of AAZ. I would not want anyone to invest in AAZ without doing their DYOR.
I just post what I feel is possible news that can arrive in short time.

[wanobi] 06/2/2024 17:18

probably just a massive sense of relief tbh cmb and I'm not even that bothered if the share price doesn't rise on the news as that can/will follow in time... I'd just like to sit back for once, in the knowledge that AZERGOV and its President are all good with AAZ and it's expansion plans, once again!!!

but, let's not get ahead of ourselves,,, and for any new investors looking in,, there is still a risk in regard to the TD situation.... but, it's well know, reported etc etc,,, so, any positive developments will most likely see the share price move up from here,, conversely of course,, anything negative and look out below!!

fingers tightly crossed at the moment :-)

GLA LTH's
Cheers
Wan :-)

[bozzy_s] 06/2/2024 17:06

Frankly I'm far more comfortable with the 'enemy' being Armenia / Armenians, than the Azeri President / Authorities.

This is a whole lot of nothing.