Anglo Asian Mining Share Discussion Threads

[2cmb] 01/3/2024 11:34

Guys I am no mining engineer but 3/4 of you have visited the minsite and are aware as to the size of the TD. What if the Azari's reach a compromise and say we will only allow the 2.5 meter extension and AAZ should find another site for another place for a new TD .
What happens then? Water access would ofcourse be a necessity.
If my memory does not fail me, wasn't there a mention that the TD contained $30 million worth of gold in it ?
Sorry for asking a naive question.

[riggerbeautz] 01/3/2024 11:32

Bumpa I nearly quipped on that this morning, but everyone seems a bit uptight lately.
Georgeous George being back doesn’t say much for U.K politics!

[bumpa33] 01/3/2024 11:24

Still gives me nightmares, him drooling all over Rula Lenska…!

[wanobi] 01/3/2024 11:23

LOL :-),,, I'm sure they will soon see that LOL !!!!

[wanobi] 01/3/2024 11:17

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[wanobi] 01/3/2024 11:15

not really up to speed on MBO any longer Bumpa, I see the 10am rns and share price down so I'm guessing the announcement was not something expected.. Cheers Wan!

[avsome1968] 01/3/2024 11:13

MBO deal will it or wont it go through down she goes FFS.

[jbravo2] 01/3/2024 11:12

The volumes haven’t been significant for a long time digger. It’s been possible to buy below mid for over a week so very recent buy/sell estimations aren’t accurate however it is true to say sells outweigh buys recently.
There seems to be little appetite to buy til dam wall resolution - hence the slow share price decline.

The company is confident everything re the dam wall raise will be fine - at least it was last week
:D

[2cmb] 01/3/2024 11:10

Wan' i personally think the outcome will be in our favour in the end .
It is all about time frames though.
We can get an answer shortly or not !!In the meantime I continue with my mundane life and don't allow financial situations to stress me much.
What would be the point of getting stressed ? It won't solve the problem, will it ?
It is just my simple way of coping with my life at my age.

[digger18] 01/3/2024 11:07

Thanks Wan and Cmb. Like both of you, I’m in and at least it’s good to know that there hasn’t been any third party news updates to be concerned about.
If the year end update holds true, news should be imminent regarding Q2 re-start.

[digger18] 01/3/2024 11:01

I know that we can’t take much notice of LSE daily trade postings, but it would appear a reasonable amount of selling has occurred over this week. Does anyone have access to more accurate details of buys v sells this week?

[bumpa33] 01/3/2024 10:59

don’t get me started…!

[riggerbeautz] 01/3/2024 10:58

You not like that RNS Bumpa lol

[wanobi] 01/3/2024 10:42

no problem cmb and many thanx for your continued support :-) :-)

you're 100% correct, none of us have any control over the situation,,,, the only thing we have control over is the decision to hold, buy more, sell some or sell out and move on to other things :-) :-)

although my fear levels are high right now, my mind/mood is relatively calm as I've made my decision to hold, so that's that,,, I'm backing a positive outcome to all this,,, and now wait to see if I get a winning outcome or a losing one!!!

fingers crossed :-)

Cheers
Wan :-)

[bumpa33] 01/3/2024 10:42

MBO. 🤦🏻🤦🏻

[2cmb] 01/3/2024 10:29

Good morning all.
Wan' my apologies to you regarding the other evening. It is not in my nature to try and demean anyone, least of all you. I thought you felt very insecure the particular evening, that is all.
Re AAZ? Matt's post explains the current situation on the main thread as to what news we are all awaiting the results to.
Who knows how and what the
El Presidente thinks and how long before we get an answer!! Only time will answer that question.
In the meantime I try not to worry about a situation that I have no control over.
Worried about it won't solve the problem. The wrong decision will ofcourse change my life to a certain degree for sure.
Such is life at times invested in the stockmarket.
ATB and GLA.

[gutterhead] 01/3/2024 10:29

The board earn 40% of the company so they’ll want to get going as much as us
I guess some azergov also now have holdings too so I’ll wait to see large volumes the day before we issue an rns

[bumpa33] 01/3/2024 10:25

So, SND raise looking at 10p, as suspected. Think it will close much quicker than the timeline they’ve stated.

[jbravo2] 01/3/2024 10:18

Breathe deeply and calmly everyone
:D

[wanobi] 01/3/2024 10:12

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if you're going to continue to hold d18,, I would expect the SP/chart to drift down from here until we hear something in regard to the TD's,,, I may be wrong, as the more confident out there add on the way down,,, but, fwiw I'm expecting it to... hmm,,, all part of the game :-),, being realistic, based on experience of other binary situations elsewhere etc etc..

Cheers
Wan :-)

[wanobi] 01/3/2024 10:04

no room for compassion in your game Mr down-ticker!? :-) LOL :-)

[wanobi] 01/3/2024 09:55

AAZ aside, what I can say,,, when things go legal, anything can happen!!!!

[wanobi] 01/3/2024 09:52

no, I don't think so d18,, but, one must consider that a good few investors here have been invested for a long, long time,,, some have visited the mines and many have met management many times and are in direct contact with them..

I'm NOT implying they know anymore than they should; as, in all the time I've been invested, from what I've seen and heard, management has been very controlled in what they say to investors, very straight, following the rules..

so, what am I saying,,, well, simply that those closer to the company than us may see things slightly differently to those of us at further arms length so to speak.. that in itself can be helpful and then, not helpful,,, so when I see posts on the main thread that raise my fear levels, it does concern me,,, if that makes sense to you..

but, at the end of the day,,, we've all known for some time that we are at the mercy of AZERGOV & the President of AZER,,, whatever words are used to describe that situation and whomever is involved in it etc etc..

I probably haven't helped you much, save to say,, one either backs the situation will come good, or gets the hell out... it's all gone a bit binary, which I do not like, but here we are, and I'm not selling,, I've placed my bet & won't be cashing out before the end of the race!!

Cheers
Wan :-)

[wanobi] 01/3/2024 09:38

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8.6p is the price for it :-)

Cheers
Wan :-)

[digger18] 01/3/2024 09:35

Good morning Wan, have I missed some press news or media regarding Aaz? Or is frustration reaching fever pitch?