Anglo Asian Mining Share Discussion Threads

[jbe81] 17/2/2016 08:21

Will be interesting to see if production numbers are bad and the price falls if Mr 465k is still there at 5.5p. Personally am not too worried by January production numbers, if there are issues am sure they will fix them and if the figures are good am sure there will be people wishing they had bought more but thinking they have missed the boat. If gold stays over $1200 anything under 15p is cheap IMO

[brasso3] 17/2/2016 04:53

Nice bit of consolidation for the gold price. Ready for the next move on $1250...

[mattjos] 17/2/2016 00:39

I calculate that Every day Gold runs over $1,200/Oz, AAZ is better off by at least $16,443 per day (after govt take) compared to the $1,100 that the company is comfortable with. That's $6m annualised, irrespective of last Manat depreciation & based on consistent FY15 ave. daily gold production of 189oz/day.Against a present mkt cap of circa $10m. It's pretty bonkers valuation at present so, am fishing for more

[mattjos] 16/2/2016 21:54

6% reported fall on £500 of sales in the stock. Bit daft but, that's the result of the liquidity and the MM's not wanting to take much of a position ahead of the expected & Unknown production report for January.Govt of Az would be pretty daft if it is not doing all that it can to foster and encourage investment and production a giving outside the O&G sector.Iran is not for cutting back its production & neither is Russia or Saudi. Oil storage around the world is full to overflowing and global demand trends are falling.The state needs to diversify its production base away from oil as fast as it can, once it has stabilised the currency.We remain the most experienced and competent company in the PM mining sector, in a nation with no shortage of PM's & a dire need to diversify.If Reza can't pull something off with the govt. in this climate this year, he never will.

[gary38] 16/2/2016 18:47

It's being said that there is the same early signs before ww1 as there is today making ww3 not only possible but could have already been put in motion and started .ie Syria ,Ukraine ,China and North Korea .

[ilostthelot] 16/2/2016 16:33

Aye there really is a potential for www3.
Sadly.

[jeanesy] 16/2/2016 13:25

The ridiculous spread will be preventing anyone trading at the moment!

[mattjos] 16/2/2016 12:51

Tell that to the population of Azerbaijan!
The Az central bank had to raise rates yesterday for the first time in 4 years .. from 3% to 5% to protect their currency and try to get a handle on inflation in the country.

I believe it was fear that start to push Gold up in the last move and now it's greed in the market that has seen the new direction for the price and looks like it will buy the dips from now onwards.

[bsg] 16/2/2016 12:45

Trouble is there's no inflation ... yet. Gold was a hedge against inflation.

[on target] 16/2/2016 11:39

Gold back on the rise again after closing its gap. A few buys here and we should do the same.

[mattjos] 16/2/2016 10:46

Who knows? But, that would a big confirmation that gold was likely to head higher still.At $1200 we're doing very nicely, given that Bill admitted they were comfortable with everything at $1100

[jbe81] 16/2/2016 10:43

$1300 very soon, Matt?

[mattjos] 16/2/2016 10:41

Gold didn't take long to fill that gap / test support at $1200 overnight and bounce back.The situation in Syria looks like it is ratcheting up this week & Turkey might have troops on the ground there soon.Staggering amount of fresh debt created in China during January to try and prop up the economy

[on target] 16/2/2016 10:35

Think they were out around the 21st last month.

[jbe81] 16/2/2016 10:28

No production figures, could be anytime in next few days

[jeanesy] 16/2/2016 10:26

No still no production figures out.. they are late!

[gary38] 16/2/2016 10:16

3165Signed

[mattjos] 16/2/2016 10:11

Any sign of Jan production figures, anyone?I haven't seen mention yet

[jeanesy] 16/2/2016 10:08

good to see POG recovering above 1200. It needs to stat there. Spread here is ridiculous!!

[ps0u3165] 16/2/2016 09:59

I know this is all over ADVFN so sorry if you have seen it already.

However if you PI's want transparency? sign this petition! 10000 signatures needed only 2500+ so far.

[ilostthelot] 16/2/2016 09:22

Gap closed in gold. Time for consolidation around $1200 before a move over $1300 won't do any harm.

[jeanesy] 16/2/2016 08:56

I think that the mm's want your shares. The buy is at full ask and yet the offer is just above lowest price possible.. massive spread.. news coming today/tmw !

[1madmarky] 16/2/2016 08:17

But there is still a gap! or does this gap not count :-)