Anglo Asian Mining Share Discussion Threads

[wanobi] 21/3/2024 18:32

just been reading the report, thanx for the link earlier today btw,,, cannot argue with any of it,,, clear as day arguments,,, actually, I'm pleased I saw it during the presentation and sold out and right now I'd go short on it after reading that,,, seems blindingly obvious to me now, they don't have anything!!! EEE is a short as far as I can see,,,, but,,, the timing of it is the tricky bit as those who refuse to see the facts might just buy it up, up & up more!!!! some intentionally, to get out at the right time etc etc.... Cheers Wan :-)

just my opinion, NIA Intended,, please do own research etc etc...

[pogue] 21/3/2024 18:23

Whole thing smells Wan. Gone in my mind from it should be fine to its very dodgy. Amazing what chatting to investors does to your perspective.

[pogue] 21/3/2024 18:08

Interesting day trying to talk to the 'positive only investors' on the EEE board. Their inability to first recognize the report or that SB had been involved at Bluejay was quite odd. They then just ignored all the points raised until they could not ignore it as the links were clear even a 2 year old could follow them. To me that is a red flag if the rampers have no answer to a few contrary arguments and hope by ignoring it and stifling debate with ad hominem attacks it will go away.
Similar on LSE where no one asked the questions but they knew of the report. A few posters swore allegiance to SB and that everything must be lies, well one said he looked like Gary Glitter so didnt trust him lol, but the same attitude prevailed. Very odd.
The normal reaction to that type of report is that those invested queue up to point out the fatal flaws in the arguments, this did not happen. No answers apparently just ignore anything negative as it cant be right!!!
Going to watch this develop. After talking to the chimps on ADVFN I hope it keeps falling but suspect they are not actually invested and just paid to ramp. I dont think I have to hope too much that it will fall.

[wanobi] 21/3/2024 17:37

or locals buying with better real time data,,, ie,,, they can see the TD work starting LOL LOL........ :-)

[wanobi] 21/3/2024 17:35

it could just be others that believe in the end of March timescale previously discussed here buying on anticipation of the TD rns,,, which,,, would fit nicely with that gap filling when it doesn't happen and tie in with a cheap ISA price to top up at :-) :-) .... we shall see,,,, who knows,,, all conjecture of course :-),, would be nice though,,,, then a permission granted TD rns around the 10th :-) :-),,,, blimey Wan,, you don't want much, do ya!!!! LOL LOL :-) GLA LTH's Cheers Wan :-)

[all in eol] 21/3/2024 17:22

AAZ,
Not a bad day at the office, finished at the high of the day and the bid continues to rise. If they are filling an order at the moment they didn’t make any progress today IMO

[bozzy_s] 21/3/2024 15:32

Still being quoted above bid price for my complete AAZ holding. This mini rally isn't over yet (fingers crossed!)

[wanobi] 21/3/2024 14:14

aha, I see :-) LOL :-),,, won't hold my breath on that one LOL LOL :-)

[zangdook] 21/3/2024 14:03

The £5K British ISA is probably not going to happen until the Tories win the next election. ha ha. Just Hunt trying to think of something to say.

[bumpa33] 21/3/2024 13:55

Yeah, you don’t wanna get caught short when a stock delists/suspends - it is a headache, putting it mildly.

[wanobi] 21/3/2024 13:52

aha, yes, I see,,, would take time and could be trading halt/suspension/delisting at anytime I suppose!!

[bumpa33] 21/3/2024 13:51

I can’t wait that long wan, have to play the moves rather than the outcome in these things - only limited time available to work/close the trade when no borrow involved…

[wanobi] 21/3/2024 13:49

well, that's what I was thinking,,, go short all the way to a share price of zero Bumpa!!!!??

I don't have a broker for that job!!!

[wanobi] 21/3/2024 13:47

good point zd,, agreed,,,,

and raises the spectre of a number of current investors buying another £40k's worth of AAZ ,,, approx 65K shares,,, on Monday 8th April,,,,, plus, the new Brit ISA of £5k (not sure when?),,,, could be a scramble for shares on the 8th :-) :-)

we shall see :-) :-)

Cheers
Wan :-)

[bumpa33] 21/3/2024 13:45

Maybe wan, think there’s a decent chance HUM gets carved up by stakeholders and shareholders left with zilch…

[zangdook] 21/3/2024 13:39

I wish AAZ and a few others would hold off their recovery just a little longer until the start of ISA season.

[wanobi] 21/3/2024 13:35

well played Bumpa :-) Cheers Wan :-)

[bumpa33] 21/3/2024 13:32

Nice trade on HUM closed 5.68 from 6.61

[jbravo2] 21/3/2024 13:07

:D
Well, they haven't started flotation yet have they?
Does he think they've just forgotten?
Perhaps you're right and he's hit the nail on the head.
Best he drops 'em a line.

[wanobi] 21/3/2024 12:52

why do I find myself singing 'Come on Eileen' when I look at the AAZ chart :-) LOL :-)

Oh yes, must be something to do with the Chorus........ LOL :-)

Come on, Eileen
Oh, I swear (Well, he means)
At this moment
You mean everything
You in that dress
My thoughts, I confess
Verge on dirty
Oh, come on, Eileen

LOL

GLA
Cheers
Wan :-)

[2sporrans] 21/3/2024 12:50

jb

To be fair to Katsy, wasn't what he suggests pretty much the AAZ plan a few months back: Namely to run the flotation plant [but not the AL] for 3 months ["appx. 90 days"] before the dam wall raise? See detail below.
I'd interpreted that as meaning 3 months of operation prior to commencement of the wall raise; like they wouldn't be doing them in parallel.
Possibly, some stagger/overlap which would also necessitate plant stoppage, if only for a few weeks or or even just several days perhaps.
[The RNS ought to have made it crystal clear on this score; one ought not need to interpret.]
Of course, if they CAN operate the plant, all the while, as they raise the wall, they can start up flotation again, just the once and keep on going.

After the dam wall is raised AL operation commences fed with high grade Gilar ores, coming on Q3 and all.....
Happy days!


Detail:
Source RNS of 7Nov23:



"The Company's flotation plant will restart approximately 90 days before the wall of the existing tailings dam has been further raised. This is to utilise the remaining capacity of the existing tailings dam at its current height. Flotation will initially process ore mined from the Gedabek open pit, until higher grade ore becomes available from the new Gilar mine, which is expected to begin operation in H1 2024. The Company is now accelerating the development of Gilar. Agitation leaching will restart once the raise of the tailings dam wall is completed and high-grade ore is available from the Gilar mine. The Company is actively collaborating with the Government to implement any additional measures required in response to the Micon environmental report, to ensure the successful execution of the wall raise . The Company will update the market once a timetable for the wall raise has been settled. "

[wanobi] 21/3/2024 12:47

free stock charts from uk.advfn.com


free stock charts from uk.advfn.com


free stock charts from uk.advfn.com


sure is trying too,,,, mind the GAP though!!!

Cheers
Wan :-)