Anglo Asian Mining Share Discussion Threads

[brasso3] 10/12/2024 09:00

This will never get to fair value on the AIM market. They will need to move the main market, TSX or ASX in the next few years.

[mattjos] 10/12/2024 08:51

Feels to me as if investors are all in the starting blocks here and waiting for a starting gun of some sort ... while that happens, the plant is running and we are once again turning cash of sizeable quantity.Let's see how many willing to remain motionless on the starting blocks as we move towards start Q1 ... it's likely to be a bun fight once the starting gun does sound.

[foetus in your brain] 10/12/2024 08:49

Debt won't be an issue for long, our costs of production are low, metal prices good (could always be better, especially copper) and there is lots of growth to look forward to. What we need is news on Gilar and Demirli coming into production and the production targets for 25 and 26. Also, the board own huge amounts of shares and they value dividends. I suspect getting back to paying regular sums is a priority.

[michaelfenton] 10/12/2024 08:47

Well Mattjos just add some more or sit tight and wait for the gravy train to arrive. Of we are undervalued and remember these guys are great miners.

[katsy] 10/12/2024 08:45

We were debt free back then though!!

[mattjos] 10/12/2024 08:42

June last year the rot set in with regards the Tailings facility & local protests. Back then share price was at these levels.Now we are back in full production with Gold & Silver prices circa 25% higher.But look at the progress we have made as a business in the intervening period!!I'd argue the current share price woefully undervalues the business and it stands right now

[bumpa33] 10/12/2024 08:08

Canaccord still there on the bid in OMI - 250k at 6.4 - they did 5.9m vol yesterday.

[pogue] 10/12/2024 07:42

HVO announce another contact win and reaffirm they will hit targets for the year. It's a boring company for AIM. It does what it says it will do, makes profits and has no borrowings. People don't seem to value an excellent company that is the leader in it's field.
Personal bias with this one it's my largest holding has been for a few years it will get taken over one day by a larger CRO who will fit it's services product range into its own to expand customer offering as is normal for the sector. How long that will be I don't know.

[bumpa33] 10/12/2024 07:32

PANR - do they finally have a commercial discovery? Who knows 🤷‍a94;️

[bumpa33] 09/12/2024 21:59

I’ve never forgiven him for FRR. One of the worst scam oil plays on the LSE in recent history, utter garbage. But Malcy took the dosh and wrote the guff regardless 🤦‍a94;️

[riggerbeautz] 09/12/2024 21:58

Everyone’s right until they’re wrong, some talking heads are never wrong though; bit like some chartists, stretch it out, squeeze the bands, draw a line here or there.

Anyway BIRD I’m thinking it’s lacking a whoosh lately, c’mon SSB you need to get your whoosh out ;)

[foetus in your brain] 09/12/2024 21:51

He keeps chickens I'm told. Lives just outside Godalming.Google have announced progress on their quantum chip. The numbers are mind boggling. It can do stuff in 5 minutes that a super computer wouldn't be able to solve in the life of the universe. I guess that's why tech cos have lofty valuations!

[jbravo2] 09/12/2024 21:33

The man’s gotta eat.
And boy has he…

[jaspoland] 09/12/2024 18:32

I recall £1.20p being a bit of a brick wall back in the day which is why I'm not surprised we're knocking on the door again and struggling. That said when we did finally break through we sprinted to £1.50 - £1.70p in a flash.

Expecting the same to happen this time around.

Mattjos i loved your charts so glad you are doing them again.

2025 is going to be good to us. ATH's incoming and hopefully restoration of divs in 2026.

[wanobi] 09/12/2024 17:08

Malcy's view of TXP today,,,, oh dear,,, oh dear oh dear!!!,,,

what about the share price Malcy!!!!???

Ahead of what is a very busy week for Touchstone, guidance today, Capital Markets Day tomorrow, a CEO interview on Wednesday and shareholder meetings throughout the company has issued updated guidance for 2025. The numbers set the company up for a solid, robust future and I expect more meat on the bones tomorrow.

Net mid-point average production looks like being 7,000 boe/d, up an impressive 19% from most recent guidance with a range of 6,700-7,300boe/d with c.77% of production being natural gas. To achieve this, the preliminary capex budget includes the drilling of four Cascadura development wells, two from pad B in Q1 and two from pad C in Q3 of next year.

The 2025 budget is expected to generate some $22m in funds flow from operations giving a net debt to annual funds flow from operations ratio of 1.36 times, ‘well within the Company’s internal target of 2.0 times or below’. This leaves year end net debt ‘comparable with forecast 2024 closing position ‘underscoring our commitment to maintaining financial discipline during a period of growth’ and the management has said that it is working to expand its debt facilities by $10m during Q1 FY25F to support these investment plans.

Having recently visited Cascadura and been able to see at first hand the extensive infrastructure installed I know that it will be possible to unlock the fields potential and the ‘drill-to-fill’ strategy that will enable the company to capitalise on the existing process capacity at the asset. Accordingly with more to come this week I remain excited by the prospects at touchstone.


free stock charts from uk.advfn.com

[bumpa33] 09/12/2024 16:15

jbe81 - are you trying to get me into trouble again?!

[wanobi] 09/12/2024 15:57

thanx tp , Cheers Wan :-)

[thiopia] 09/12/2024 15:52

Before taking action on AFN worth reading the views of a certain 'Broker Man Dan' talk of a 'Shareholder Action Group'

I include link below in the knowledge/expectation it will probably be auto-censored




www.guerillainvesting.co.uk/2024/11/27/advfn-shareholder-action-group/

[wanobi] 09/12/2024 15:50

or a Phoenix !!??

[thiopia] 09/12/2024 15:48

Is the BIRD an Albatross ? or the Dodo ?

[wanobi] 09/12/2024 15:44

free stock charts from uk.advfn.com


free stock charts from uk.advfn.com


thanx Mj,, well, price-wise one can see why,,, interesting :-)

many thanx for the heads up...

Cheers
Wan :-)

[mattjos] 09/12/2024 15:40

has anyone looked at AFN lately?
Most people forget that ADVFN itself is a listed entity
Some recent Director buying at these low prices