Anglo Asian Mining Share Discussion Threads

[on target] 04/4/2016 08:21

Good price to get back in Brasso after that mistruth you accidentally posted at the weekend?

[jeanesy] 04/4/2016 08:16

If it is a great buying opportunity why is no-one doing so?

[jeanesy] 04/4/2016 08:11

price is all over the place

[jbe81] 04/4/2016 08:03

Great buying opportunity today

[jeanesy] 04/4/2016 08:00

Price hammered pre-open!

[timberwolf3] 04/4/2016 06:49

ceasefire seems to be holding.

[philo124] 03/4/2016 22:04

My previous understanding was the pipeline from Syria was going to Russia, which, apart from their 2 ports was why Russia backed Assad and the US and West backed the wrong side originally.
Sorry to read fighting has broken out here.

[muddy_40] 03/4/2016 19:22

Fighting started again.



Fighting along contact line in Nagorno-Karabakh renewed
3 APRIL 2016, 19:58 (GMT+04:00

Armenian armed forces have broken the ceasefire with Azerbaijan on the frontline in Fuzuli, Terter and Aghdam districts, the Ministry of Defense of Azerbaijan told Trend.

According to the ministry, the fighting currently continues.

Earlier Azerbaijan unilaterally suspended the counter-attacks and response measures in the territories occupied by Armenia, in accordance with request of international structures.

[loverat] 03/4/2016 17:07

Indeed - folk always like fighting when the sun comes out!

Seriously apart from this being serious compared to other flare ups, unless there is any outside involvement, this will probably fizzle out as usual.

The world is in a mess anyway. Syria the most likely area of conflict to worry about. If any of the parties - The West, Russia come out and support either side, that will be the time to worry. Any support for either side will indicate a Syria style regime change war. Unlikely in my opinion but possible given the failure of the Middle East/Europe pipeline through Syria.

Some suggesting this is all about re-routing that pipeline via Azerbaijan - but that is all conspiracy stuff for now.

[jeanesy] 03/4/2016 16:25

There is no need to panic then here. Also the weather is at last due to turn much much milder in a couple of days time !

[on target] 03/4/2016 11:36

Brasso,

"All of AAZs producing acreage is in the Nagorno Karabakh area."

It's the other way around, the producing acreage is outside the disputed area. They do have dormant licences within that area but as the map you linked shows, Gedabek and Gosha (the yellow pointers on the map) are outside the area.

[ferries5] 03/4/2016 10:57

Azerbaijan takes unilateral decision to suspend military operations in Nagorno-Karabakh

They are claiming that they have won back some of there territory.

[brasso3] 03/4/2016 10:49

Ceasefire just announced by Azer government:

[brasso3] 03/4/2016 10:42

I agree at present it appears to be small skirmishes but the whole region is not that big. All of AAZs producing acreage is in the Nagorno Karabakh area. This part of Azerbaijan is about 50 x 100 miles in area so is smaller than Wales.

Map of AAZ licenses:-


Map of the region where the fighting has broken out:-

[on target] 03/4/2016 10:34

If its confined to a specific region which it appears to be, and we're not in that region which our current operations aren't, then we shouldn't be affected.

[brasso3] 03/4/2016 09:46

Jeanesy

Why don't you look back at post 2125. Azerbaijan is not a big place and AAZ licenses are either side of Armenia.

[jeanesy] 03/4/2016 09:00

The manat made a strong recovery last week from 1.64 to 1.51. How close is the trouble to where we operate?

[loverat] 03/4/2016 05:31

I remember being interested in this conflict 20 years ago and thought then it had the potential for WW111. At first glance you might think that today - Iran, Russia and Turkey surrounding this area. But the dynamics are not the same as Syria. Strategically important and oil but I reckon it is hard to see a larger conflict presently.

Azerbaijan has kept a very independent and balanced foreign policy the last 20 years and don't wish to side with any of the regional powers which might cause mischief - and indeed have done in the Middle East.

A fascinating and complex region but reckon unless things really deteriorate from within, most of the regional players bar Turkey will be urging restraint.

As somebody mentioned above, the economy - and low oil price might be a factor here.

[loverat] 03/4/2016 04:44

This will probably affect the share price next week. I think the last violence did a little.

My guess is that the violence will recede for now. Unlike places like Syria (and Kosovo some years ago) all the problems seem to be within the two countries rather than a external prozy war style scenario.

In terms of geography and ethnic concentrations it looks similar to Kosovo which if the West adopted the same ignorant attitude, it would side with the Amermians. Luckily there seems to be no outside desire to intervene on one side or the other which is fortunate as both points of view have merit.

The Russians probably will be able to reign this in and keep Turkey in its box. Most of these conflicts fizzle out if outsiders are not interefering..

Longer term is more difficult to predict and there seems to be a feeling in Aberbaijan that it is time to resolve the dispute - militarily if necessary. 20 years ago the Armenian side were militarily stronger but Azerbaijan has been spending huge sums on arms and equipment recently.

I'll be buying back depending on any weakness in the share price

[brasso3] 02/4/2016 23:08

I think AAZ is cursed with bad luck.

[ferries5] 02/4/2016 20:47

Dozens dead in worst Nagorno-Karabakh violence for decades



That will not help!!

[ferries5] 31/3/2016 21:11

President Ilham Aliyev met with the former Governor of the US State of New Hampshire

One of our major shareholders

[zhockey] 31/3/2016 21:03

Jeanesy,

I expect all we may see is the Q1 results in April, possibly with some FY guidance. Based on what we know about Jan and Feb this news alone is likely to be neutral I guess.

Phil, to get your 20p I think we need a few more qtrs of stable production, the zinc challenge sorted and gold to hold above 1200.

[philo124] 31/3/2016 07:57

Ok good, understand the need for secret squirrels, but do you think it will get us to 20p?