Anglo Asian Mining Share Discussion Threads

[pogue] 14/11/2024 10:31

ASX makes sense for EEE they need funds and going there means they have to issue new shares to get access. Not going to change the fundamental problem however that Shuan has still not shown how they extract the Ti in whatever form he plans to use. Original plan was a test plant now its a pilot plant. Pilot plants are more expensive than a test plant and take longer to build hence the need for more cash and there is an extended timeframe to build the pilot plant. Once there is a proven technique it will soar but that will take some time I feel. The one positive is there is a load of money in a fund in OZ to assist miners with cash which they have applied for I believe still the timeframe though as investors want to know if the ore is useable.

[katsy] 14/11/2024 10:25

For Germany they've hit a brick wall because energy costs are so high there now, this race for green energy (anything but green) is destroying their economy.

[lefrene] 14/11/2024 10:22

But But Brasso3, copper was going to go to the moon! All those leccy cars, and everything going green, and there just not being enough copper available, and no new copper mines coming along! etc etc etc. Well for now, all those professional crystal ball gazers, had best pocket their unearned salaries and start selling snake oil somewhere else.

As you say Germany and China hitting a brick wall, the demand for copper will be taking a hit for a while.

[2cmb] 14/11/2024 10:13

A very good Quote Bumpa.
ATB

[onedayrodders] 14/11/2024 09:47

Empire Metals 6.3p

Could be an inflection point IMHO and strong hints of Aussie listing on the cards and who can blame them given this dead duck called AIM.

[2cmb] 14/11/2024 09:38

LOL Bumpa' you make me laugh with your very expressive words.
They could have chosen a better name perhaps :-) :-)

Let the share price of AAZ do what it may. Life goes on.
ATB all holders.

[bumpa33] 14/11/2024 09:31

Meant to mention this earlier.

First day of dealings for Winking Studios - sounds like a cross between a porn site and a Chinese takeaway…

[brasso3] 14/11/2024 09:29

Anyone seen Basem?

I am waiting for an apology...

[wanobi] 14/11/2024 09:28

as for Trump,,, he can cause carnage for all sorts of businesses, industries, stock prices, crypto prices, gold prices,,,,, at the stroke of a pen,,, or tweet or whatever it's called these days!!! tis the nature of the beast and he just loves that power,,, and enjoys playing his games,,, which will be even more dramatic now Mr Musk has been let loose,,,, who knows what ideas/plans they'll come up with between the two of them.... so, so unpredictable from one day to the next,,,, or should that be one minute to the next,,, these days!!!! crazy times ahead for the world!!!!

Cheers Wan :-)

[wanobi] 14/11/2024 09:24

a lot can and will change over the next couple of years d18 and that's surely the timescale most are expecting here to see some sort of sustained rise in AAZ's share price driven by production, profits, expansion etc etc.... there will be lots & lots of up's and downs along the way,,,, but,,, that's the investment decision,,, accept those timescales & longer or, look at another opportunity elsewhere... I'm staying with it :-) :-) GLA LTH's Cheers Wan :-)

[loafofbread] 14/11/2024 09:18

No 1 on the investment case page.

'Excellent Government relations'

Made me smile!

[bumpa33] 14/11/2024 09:14

hard to go long when the game of snakes and ladders has morphed into 100 snakes

…and 1 ladder 😳

[digger18] 14/11/2024 09:13

Trump also a black swan?
Every time we see momentum with Aaz, something else drags it down again.
I keep telling myself to stick with it as it will come good. Not sure how many times I will keep saying it! It’s getting tedious to say the least. However, Aaz is just one company and my whole PF has dropped, across a range of industries and institutions. As many have said, it’s hard to go long and find a good investment.

[brasso3] 14/11/2024 09:07

Trump has removed a lot of uncertainty that is partly why gold is down $200/oz. Gold was also probably due a pullback after such a strong rise. I suspect the weakness in copper is related to the Germany/ China economies as the manufacturing bases in the world.

[lefrene] 14/11/2024 09:06

Quite so Joey, it's not just a talking shop that keeps passing the hat around, which is the usual business model of AiM. Where they have control they do walk the talk, those mines in the wings will begin production and the cash will flow, but the waiting is indeed exasperating.

[joey wilson] 14/11/2024 08:58

The difference here is that the shares issued have never been dilluted by any significant amounts. The management is aligned with its shareholders. It's just patience needed to stay the course. I'm sure plenty of people have been in and out of AAZ.At the end of the day, this is where I have laid my cap, hoping for the capital increase and good dividends.Jam tomorrow companies tend to keep coming back to the market for more money, give themselves unwarranted pay rises, and don't own 40% of the Company, paid for with their own money.We all need to keep the faith. I only wish I had more money now. This is presently a GIFT if you have any spare cash.Trump is adding to all of this uncertainty.

[jeanesy] 14/11/2024 08:56

tried a fill/kill at 95p . It failed so im guessing a bounce from here if only short term.

[bumpa33] 14/11/2024 08:50

we’re in increasingly protectionist and nationalist times. Perhaps, nowhere should be considered “safe” jurisdiction…

[wanobi] 14/11/2024 08:46

free stock charts from uk.advfn.com


Yep, getting close now jeanesy !!

Cheers
Wan :-)

[wanobi] 14/11/2024 08:45

Good morning all, Cheers Wan :-)

[brasso3] 14/11/2024 08:40

Lefrene

The problem is that AAZ has looked like a bargain for many years and has failed to deliver on the cashflow many here expect. There has been many posts over the years talking about resources in the ground but AAZ is drifting towards another AIM jam tomorrow company.

In the last 5 years you would have made more money buying bullion than AAZ shares.