Anglo Asian Mining Share Discussion Threads

[cyberbub] 02/10/2015 14:09

Let's hope at some point there is a sustained rise in gold again... breaking $1200 would be good, maybe we will see that in the coming weeks if the $ weakens further?Good job our costs are in a weak currency :-)

[mattjos] 02/10/2015 13:54

Quelle surprise! USA jobs growth less than expected & revised downwards last month.
Some huge redundancy programs been announced by large USA corporates recently.
Wage growth is virtually non-existent. Inflation is notable absent.
The regional surveys have clearly heralded that all is not at well in the USA at present.

None of this points towards an economy requiring a rate rise any time soon & the potential for $'s to flood back to the USA out of the Emerging Markets is enough to keep the USD strong, peg back inflation and give the IMF reasons to counsel against a USA rate rise any time soon.

Markets are not going to like this .. not yet a disaster but, add in the big Wholesale Inventory build in the USA coupled with a real collapse in new orders & that stock will need to be moved on soon & the seller will not be getting top $ for it all ... Christmas Sales in USA will have some BIG, BIG discounts this year

[jbe81] 02/10/2015 13:35

nice rise in gold

[webshares] 02/10/2015 11:49

Thanks I'll give it another try

[jbe81] 02/10/2015 11:35

[e-mail] that was the email address to use , although don't know if it is still the case

[webshares] 02/10/2015 10:22

No not heard a thing. I think they're to busy counting all the gold they've dug up

[jbe81] 02/10/2015 08:24

Welshers did you get a reply from the company? What email address did you use?

[mattjos] 01/10/2015 23:10

Thnx OnTarget .. ISDX link now a button and tests ok.

[jesus405] 01/10/2015 22:34

Matt and Brasso that would mean 7600 oz+ in september which would be the best individual month ever reported. Prob be around 19K.

[mattjos] 01/10/2015 22:15

Apols Brasso, just think that some still have buying to do ahead of that update so, was going to give them a chance since Cantor are still obliging, albeit less generously than before.We could well do it this quarter with the summer temp influence on the heap leach, Gadir's high grade contribution as well as whatever they tickle out of the new flotation plant at this very early stage of operation.(Q3 next year should be a real blowout result)

[jbe81] 01/10/2015 22:11

Will be supposed if we don't get some buying next week pre q3, although I think we might have to wait for q4 for a record quarter.

[brasso3] 01/10/2015 21:11

Matt

I was going to suggest that we could beat our best ever quarter back in 2013 (Q3):-

-- Record quarterly gold production of 20,242 ounces for Q3 2013 from Gedabek, as a result of the new Agitation Leaching Plant commissioned in June 2013 to improve gold recoveries

[mattjos] 01/10/2015 20:54

Shh, please BrassoOk, will sort the ISDX link after rugger

[on target] 01/10/2015 20:53

Mattjos, your ISDX link in the header doesn't seem to work - the word 'Page' from the next line appears to get appended to the URL?

[brasso3] 01/10/2015 20:40

Less than 2 weeks now until the quarterly results. Possible Q3 news:-

- 18000 - 19000oz gold produced.
- Floatation plant online (maybe 1000oz additional contribution to the above).
- Debt reduced by $2m - $4m.

[webshares] 01/10/2015 15:29

Ah yep my mistake.

[jbe81] 01/10/2015 14:44

webshares the 2 "sells" at 9.38 were a bed an isa

[celeritas] 01/10/2015 11:45

Thanks Terropol, it would be good to publish them just for clarity.
Gold isn't helping, looks like 1100 might go.
Interest rates are likely to go up which will put further pressure on gold.

[webshares] 01/10/2015 10:38

The first 2 sells almost add up to the first 2 buys. Was that our mysterious seller(s) completely out and since then relatively small buys moved the price. There is a re rate due on this stock. Hopefully this is the start and not the false start like last week

[peter404] 01/10/2015 10:12

The 100k buy first thing this morning was mine, trying to clear a bit of stock and get the price moving... Sorry it wasn't enough haha :p

cyberbub
1 Oct'15 - 09:52 - 217 of 220 0 0

Encouraging action, but small beer trading in volume terms?

[cyberbub] 01/10/2015 10:08

LOL Mattjos!

[mattjos] 01/10/2015 09:57

cyber .. the beer was all drunk last week

[bumpa33] 01/10/2015 09:57

cyberbub - the encouraging thing would be surely that 'small beer trading' now has an effect on the share price ..!? It's a shame we're not likely to get a confirmation holdings RNS showing an end to 'that' position but a change in stance by the dealing mm is good enough in my book.

[brasso3] 01/10/2015 09:54

Coiled spring!

[cyberbub] 01/10/2015 09:52

Encouraging action, but small beer trading in volume terms?