Anglo Asian Mining Share Discussion Threads

[wanobi] 12/2/2024 18:08

PTAL, Malcy's view today,,, fwiw

GLA LTH's

Cheers
Wan :-)

This report couldn’t be better if I had written it myself and proves what an amazing investment PetroTal is at these levels. The comments above by the CEO sum up all the good news presented in the reserves evaluation, 2P numbers of 100m bbls have an excellent recovery rate and the reserve life of 19 years is outstanding given the upside in both Bretana and elsewhere in the portfolio.

Again Manolo has hit the nail on the head, the market cap is at a discount to the NPV and all these numbers are after several years of increasing production and especially in recent years, substantial distributions to shareholders.

And this is a play for the long term, careful stewarding of the rocks and producing at sensible levels will ‘deliver material cash flow for the next 20 years’. My Target Price of 150p is locked in, for choice I would be increasing it based on these excellent numbers but for the time being this is a huge store of value and should be appreciated…

[sideshowbull] 12/2/2024 17:07

What sad loser voted that chart master piece down?
Beans on toast boy ?

No advice.


BWTFDIK

[sideshowbull] 12/2/2024 16:58

BTC at a very interesting area for BTC fanboys.

BWTFDIK

[riggerbeautz] 12/2/2024 16:36

Blimey Donald your patience is wearing thin with AAZ and not PXC with one little signature BIG LOL sorry I couldn’t resist.

[wanobi] 12/2/2024 12:54

meantime AAZ is 60.8p to buy right now, so trades showing as sells are mainly buys today :-) Cheers Wan :-)

[wanobi] 12/2/2024 12:51

the pivotal AAZ news is TD permissions,, raise wall on existing,, agree site for new.... I think AAZ know that DP and are waiting to report success there first,, I hope !!!! Cheers Wan :-)

[11_percent] 12/2/2024 10:35

JNEO

Results out.

For a market cap of barely £22m , you get £46m of turnover , organic growth of 20% , a £30m order book , excellent management and £8m of cash , so what is not to like ?

[donald pond] 12/2/2024 09:29

It feels like an age since we had any meaningful news at AAZ. I'm sure they are busy but my patience is running thinTake your time, we're in a hurry!

[wanobi] 12/2/2024 06:39

Good morning all, Cheers Wan :-)

[bumpa33] 11/2/2024 23:33

Gotta love the yanks, just seen a bloke with more metal in his gob than most AIM junior miners will ever find, and a country ‘n western Donatella Versace lookalike murder what I think were versions of the American national anthem…

[sideshowbull] 11/2/2024 21:21

Taylor Swift always seems to have that wardrobe booboo.

Whoops.

SSB

[wanobi] 11/2/2024 21:13

:-) LOL Bumpa :-)

thanx guys, BTC is actually better for me to think about than Putin, or Trump!!!

blimey,,, what is happening to me!!!

Sleep well all,

Cheers
Wan :-)

[sideshowbull] 11/2/2024 20:40

Some, not really but does give incentive but only if the price rises, so a short term motivation.

However Long term it is redundant. There will only ever be 21m BTC.

From our calculations more like 14m ever.

I do think once people get tired of the BS they might look at BTC as a "GOLD" standard.
However a balanced portfolio has always been the best way to go.

No advice.

BWTFDIK

[someuwin] 11/2/2024 20:30

Don't know about the TA side of things, but I'm getting more and more confident that BTC is on a long term mega upwards trajectory.

It's all down to the Halving events. Of which the next one is expected in April this year.

For the uninitiated, Bitcoin halving is an event programmed into the Bitcoin protocol that occurs approximately every four years. the reward that miners receive for validating transactions on the Bitcoin network is halved. This effectively reduces the rate at which new bitcoins are created.

The purpose of the halving is to control the supply of Bitcoin and ensure its scarcity over time. In this respect it mimics minerals like gold, copper etc where the rate of discovery tends to decline over time as accessible deposits become depleted. But while natural resources tend to decline gradually over hundreds of years, Bitcoin compresses that decline into a much shorter timeframe with a built in exponential increase in scarcity.

Like it or loathe it, Bitcoin really is an elegantly designed concept.

[jeanesy] 11/2/2024 20:28

REAT shares tipped in the daily mail.

[sideshowbull] 11/2/2024 19:43

Anyone notice my BTC chart is doing something TA wise?

Only mentioning as I thought this BB was to learn TA.

BWTFDIK

SSB

[riggerbeautz] 11/2/2024 17:43

You’ll find few of those traits in most politicians Wan, all as bad as each other, whatever party, colour or creed. Why I generally steer a wide berth.

[wanobi] 11/2/2024 16:25

decency, morality, honesty, good manners, respect for other people, right and wrong, decorum, politeness, kindness, generosity, empathy, charitable, compassionate, sincere, trustworthy, wholesome, warmhearted, helpful, friendly.... hmmm

[pogue] 11/2/2024 15:59

The end of the Ukraine war is a neutral Ukraine. Putin will not allow NATO to take over the rump. That was the original peace agreement. Seems very reasonable doubt if NATO will agree though unless Trump is in power

[pogue] 11/2/2024 13:51

Bozzy
I didn't see your post re who next for the Democrats. I reckon it's Mrs Obama. Woman and black but has half a brain which is more than the current VP plus has the celebrity factor Americans appear to like. Her policies will be given to her obviously so won't be something she has to worry about.

[arab3] 11/2/2024 13:50

i do not know why anyone would believe what a politician says

[pogue] 11/2/2024 13:36

I doubt he would to be honest Wan it's just sabre rattling as he hates other NATO countries not paying what they signed up to do namely put 2% of thier GDP in defence. I really can see any country attacking a NATO country because Trump tells them.