Anglo Asian Mining Share Discussion Threads

[laurence llewelyn binliner] 04/3/2024 15:39

2,100 POG taken out, just wait until interest rates take a cut and the DXY slumps, with some being priced in now IMO.. :o)

Roll on summer, some news on our tailings dam raise would not go amiss now, with 3 months work to do it from starting point puts us at June already..?

[wanobi] 04/3/2024 15:12

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[wanobi] 04/3/2024 15:06

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wonder if/when that GAP will fill !!

Cheers
Wan :-)

[wanobi] 04/3/2024 15:03

well played AiE & very wise :-) Cheers Wan :-)

[all in eol] 04/3/2024 14:47

Out of this mornings MEN trade. Still have two trades left. Awaiting direction from here in AAZ before buying back in.

[donald pond] 04/3/2024 14:44

This is incredibly frustrating.

[digger18] 04/3/2024 13:55

Also from Mining Technology publication 01/03/2024.
Anglo Asian, a copper and silver miner excavating in Azerbaijan, announced its subscription to the standards in January. A spokesperson told MINE that while the company had “always had the ambition” to subscribe to the standards, its governance procedures “naturally meant detailed analysis of the operational requirements was required, and that takes time”.
“We are one of only a handful of small and mid-cap listed mining companies,” the spokesperson said. “Despite the cost and resource involved, we are confident of achieving full compliance by the end of 2026.”

[digger18] 04/3/2024 13:53

I think that this is the article.
hxxps://www.globalminingreview.com/mining/19012024/anglo-asian-commits-to-gistm-at-azerbaijan-operations/

[jeanesy] 04/3/2024 13:10

plenty of selling at AAZ. Not much price movement though so i suspect there must be a buyer not yet reported

[all in eol] 04/3/2024 11:59

Riggerbeautz4 Mar '24 - 10:25 - 63490 of 63493

It’s still going up, so far so good

[someuwin] 04/3/2024 11:40

Marula (MARU) been an uneventful few months due to delays. But March promising to be a news rich period.

Now moving into Manganese production as well as Lithium, Copper, Graphite etc.

[wanobi] 04/3/2024 11:35

indeed d18, I'll stick to my original thesis,,, that it'll most likely drift down between now and TD wall raise clarification/permission....

This is for the long termer's only now,,, as,,,, even with that, we have still yet to find and agree, with locals, AZERGOV & the President a suitable site for a new TD...

let alone build it!!!

In my humble opinion,,, this is now not for the faint hearted or anyone thinking the share price will be making any sort of sustained rise back to above 100p until both are sorted.... hope I am wrong,, I very often am :-) LOL :-)

it pains me to say it, but, that is the situation AAZ finds itself in now...

hmmm, hmmm, hmmm...

Cheers
Wan :-)

[digger18] 04/3/2024 11:21

No Aaz news this morning after the late run on Friday! Now we have the multiple 10k seller, if they are indeed sells?
Hopefully some good news this week.

[bazboa] 04/3/2024 11:18

https://www.linkedin.com/posts/anglo-asian-mining-plc_can-investor-action-speed-up-compliance-with-activity-7170351076527845378-aQ_p?utm_source=share&utm_medium=member_ios

[riggerbeautz] 04/3/2024 10:25

Good call so far AiE…..mind given past history, any return above 10% I’d be running for the hills myself

[lefrene] 04/3/2024 08:53

Mattjos, The FED might go the 'bad bank' route, ie create an entity into which to sweep all the bad debt and park it to one side, and give the banks a clean sheet start, and tackle the set aside debt at a later date. On the other hand if one enjoys a good conspiracy, the FED might nationalise the banks?

Bossy-s, the lender banks and Caterpillar have enough confidence in the future of AAZ to extend it something like $30 million in credit? Reza put a heap of his own money into the early days of the project, none of the Board have evet been greedy. I'm sure they will be sensitive to paying high salaries from borrowed money.

Hopefully some good news (we certainly need it) will soon appear, that clearance for the dam raise would do for a start. In the meantime gold might finally re-set against a debauched dollar and the whole sector become the darling of the markets :¬)

[e43] 04/3/2024 08:34

MTL going well,4p paid

[all in eol] 04/3/2024 08:10

Sold my AAZ trade and bought some more MEN

[bumpa33] 04/3/2024 07:33

RENX, about to run out of cash and mystery possible buyer turns up.

That’s convenient.

[bumpa33] 04/3/2024 07:13

They have NO extra money - no further draw down - UNTIL they come up with 25m of the bond finance.

[bumpa33] 04/3/2024 07:13

Read the detail.