Anglo Asian Mining Share Discussion Threads

[wanobi] 09/12/2024 15:16

even if one held on to some for far too long!!!!

[wanobi] 09/12/2024 15:13

I find it helps to keep tabs on those one has discarded along the way,, to confirm ones thinking and see how cutting ones losses is so, so important.... keeps me awake :-) :-) :-) whilst we wait for AAZ to move!!! Cheers Wan :-)

[wanobi] 09/12/2024 15:12

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indeed!!

[wanobi] 09/12/2024 15:08

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:-) :-) :-)

[jbravo2] 09/12/2024 15:07

You've posted some real corkers there wan.
There's quite a few which seemed poised for a fall. Add Ariana to that list.

[jbravo2] 09/12/2024 15:06

BIRD chart is awful
And after that confident "BUY" was "finally" posted by the charting guru too.

[wanobi] 09/12/2024 15:04

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?

[jbravo2] 09/12/2024 15:02

If only we had a charting expert to rubber stamp it
;D

[wanobi] 09/12/2024 15:02

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?

[jbravo2] 09/12/2024 15:01

So chart says something is about to "blow the bloody doors off"?

:D

I look forward to it.

[wanobi] 09/12/2024 15:01

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?

[wanobi] 09/12/2024 14:58

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blimey, so glad I eventually saw through management and got out of this one, a while back!!!!

Hmm..

[mattjos] 09/12/2024 14:57

Fully appreciate that for some on here, charts are akin to reading tea-leaves or casting bone fragments but there other that do have an interest and pay them attention.

The AAZ chart has always fascianted me since 2009 & I've tracked it ever since. I believe better to study it's longer term structure according to Elliot Wave theory - which I believe has a lot going for it when used on a linger term basis and not on a day-to-day or week-to-week basis.

I'm pretty sure that most everyone here understands that prices do not simply go up or down in straight lines & that the reason for price changes to occur are driven by the nett dominant mindset of the participants:

- If the majority are Bullish / Optimistic then the price will broadly go up as result of Buying
- If the majority are Bearish / Negative the the price will broadly go down as result of Selling

It takes time for investor mindsets to switch from one extreme to anther & all this of course is predicated on the prospects for the company itelf and how it is managed + the broader marketplace sentiment etc etc. Lots of 'things' can influence individuals mindset & so price changes tend to occur in Waves.

Impulse waves
These waves move in the same direction as the larger trend and are made up of five smaller waves. Impulse waves are usually more aggressive and long-lasting than corrective waves.

Corrective waves
These waves move in the opposite direction of the larger trend and are made up of three smaller waves.

Typically, you'll see Elliot Wave charts labelled as 1,2,3,4,5 - being the smaller waves making up the larger Impulse Wave
& then A,B,C - being the smaller waves making up the larger Corrective Wave

AAZ charts like this as far as I am concerned:



That structure meets all the Elliot Wave Rules & Guidelines:
1,2,3,4,5 waves of an Impulse Advance (labelled as I)
A,B,C waves of a Corrective Wave (labelled as II)

As far as I can determine we are now in the next Impulse Advance and it has a minimum target price as shown on the this chart as III.

12 months ago such fanciful price notions were instantly dismissed but as the last 12 months ahve gone on, it's been noteworthy how investor sentiment has swung about and now talk of £3, £4 & £5 has emerged.

[brasso3] 09/12/2024 14:34

2 year chart starting to look like a nice cup and handle.

[jbravo2] 09/12/2024 14:29

Yep an RNS stating Demirli is a "go"... for example ;) ...will see us rip through 1.20

[brasso3] 09/12/2024 14:21

I think we are 1 good operational RNS away from breaching 120p. Gold, silver and copper all appear to have bottomed too.

[someuwin] 09/12/2024 14:10

Now APTA chairman Dr Adam Hargreaves buys an extra 19.5 million shares. Taking his holding up to 6.9%.

[someuwin] 09/12/2024 13:21

Transformational deal at NEO

Acquiring Uranium & Gold mine from $2.8bn company Sibanye-Stillwater Group

Sibanye-Stillwater to become the Company's largest shareholder with up to an approximate 40% shareholding

With the acquisition and consolidation of the Beisa Uranium Project and the Beisa North and South Uranium Projects, the Company will now have over 117Mlbs of uranium and 5.4 Mozs of gold resources extending across over 25km of strike length of the Beisa Reef

[mattjos] 09/12/2024 11:34

Gold looks to be breaking ut upwards from a horizontal consolidation pattern.
be interesting to see if it goes on a run from here over the next 3-4 weeks as it has done for last two years at this time

[jbe81] 09/12/2024 11:29

Thanks for the heads up for Omi, Bumpa. Am travelling so didn’t get any but am sure some others are grateful.

Fab moving up, still below where it was last week, undervalued and presentation on Thursday , so would expect it to keep going. Hopefully they release more news beforehand

[wanobi] 09/12/2024 10:37

Oh what a game indeed btm :-) :-) :-)

[someuwin] 09/12/2024 10:22

APTA currently 0.3p has granted options which vest at 1.4p, 2.0p and 2.5p. And they seem confident of achieving these targets..

"...The Group has set aggressive share price targets, which I am confident we can achieve given the calibre of customers we are dealing with and the progress we have made on a number of opportunities reported on recently, both commercially and scientifically. I am excited by the rapid progress the team are making; their focus and the quality of their work is paving the way for great things to come. Our platform technology is gaining increasing traction in the marketplace, and we are well positioned, with a skilful and knowledgeable team and our newly appointed Scientific Advisory board, to be able to take advantage of this."

[ih_407763] 09/12/2024 10:09

Will there likely be another placing at OMI sooner rather than later, capitalising on the share price rise?