Anglo Asian Mining Share Discussion Threads

[ilostthelot] 17/3/2016 09:06

Looks like low interest rates are here for a good while yet. Hopefully we'll see some more buying here on the back of a $40 rise overnight in gold.

I'm hoping for another few years low interest rates so I can fix my mortgage at 2% for 5 years when my current deal ends something tells me I'll be able to do just that in 2 years time.

[mattjos] 17/3/2016 08:38

Fed decision will have wrong footed a lot of folk who were short Gold. Some renewed buying now and shorts closing might see a new high emerge this next week or so

[timberwolf3] 16/3/2016 20:04

Just need good production figures now.

[jbe81] 16/3/2016 18:46

Interesting to see how high gold goes in the next few days

[zhockey] 14/3/2016 13:06

Let's hope they have sorted out the zinc challenges.

[terropol] 14/3/2016 10:35

AAZ in there mining, not getting involved or running politics...
Today both Gold and Copper going up...

The Armenia stand off is been going on for sometime, If it did escalate...them we may get more licenced areas back...it works both ways.

Our market cap. is that of a London flat.... we must remember that.

[zhockey] 13/3/2016 17:00

Try removing and re-adding and

[mattjos] 12/3/2016 21:56

no idea how zhockey, sorry.

[zhockey] 12/3/2016 19:54

Matt,

Are you able to fix the m'cap in the header?

[jeanesy] 12/3/2016 14:44

Poor end of the week for POG. heres hoping for some production figures at the end of this week.

[ilostthelot] 11/3/2016 17:06

I agree with Zhockey. There is always political risk and I'm comfortable with those here.
The situation you allude to is unlikely to happen let's be honest.

[muddy_40] 11/3/2016 17:05

President Aliyev: Azerbaijan’s dependence on oil to even reduce in coming years

President of the Republic of Azerbaijan Ilham Aliyev was interviewed by Euronews channel following the official opening of the fourth Global Baku Forum.

- Mr. President, how important is it for oil and gas producing countries like Azerbaijan to diversify their economies, to change their business models in the current oil prices turmoil?

- Actually, we have been working on diversification of economy for many years. But today, when the oil prices are very low, this becomes our main priority. We managed to reduce dependence on oil and gas, and now oil and gas make only 30 percent of our GDP. But our target is to create a model of development which will not depend on oil prices. And it is happening. We are introducing a broad package of reforms which are supported by the International Monetary Fund. Main concern is the areas of non-oil sector – agriculture, IT development, tourism and other sectors. Therefore, I am sure that in the coming years, dependence on oil in Azerbaijan will reduce even more.

- How concerned are you about the impact of falling oil prices on global security particularly in the Middle East?

- We don’t see a direct link between reduction of oil prices and global security. But, definitely, in the long term, if oil prices remain low, it may lead to economic and social problems because some countries are used to have a lot of revenues from oil sales that have already reduced. There could be cuts in budgets. Therefore, that could happen. But the main objective of every oil producing country, I think, is to reduce dependence on oil, to invest in innovation, education, modern technologies and to export different projects rather than oil and gas. If it happens, then, I think, security in the region will be provided at the high leve

[zhockey] 11/3/2016 16:38

Of all the risks ai would say that is probably the most unlikely to be realised. Yes some folks will be put off by the postcode but I'm more interested in the ability to make a profit, I can live with the political risk.

Look at it this way, if AAZ were located in Canada the share price would likely be 5x higher. However if the political risks are not realised then you make a 5x profit by virtue of the risk reward.

[pixi] 11/3/2016 10:31

Gold up, copper up, what's not to like.

[mattjos] 11/3/2016 10:13

The Manat still under pressure. now at 1.6456 & beginning to look like it is about to go vertical once again

[jaspoland] 11/3/2016 10:11

Looks like everyone is waiting for the monthly production report before buying more. Let's hope they deliver.

[pixi] 11/3/2016 09:42

Brokers have a target of 20p for AAZ.

[ilostthelot] 10/3/2016 22:41

Looking good for a move up to $1300 gold tomorrow in the back of the ECB cutting rates.

[mattjos] 10/3/2016 21:42

John Meyer from share price Angel on Bloomberg today

[jeanesy] 10/3/2016 20:54

Good day for POG. nothing going on here atmo. Should get latest prod fig for Feb in about a week. I hope that they are better than Jan.