Anglo Asian Mining Share Discussion Threads

[zhockey] 06/4/2016 10:27

That is my point, short term news is likely to be neutral or dissapoint, so I wouldnt get the hopes up just yet.

[jeanesy] 06/4/2016 10:23

I am expecting to hear more news than that otherwise the yoy figures alone may disappoint as the gold production figures will be down after a poor first 2 months, unless the concentrate from the flotation plant is impressive.

[zhockey] 06/4/2016 10:09

Jeanesy,

Are we not only expecting the Q1 production figures that are expected to be down yoy?

[jeanesy] 06/4/2016 09:58

Looks like the early flurry has stopped!

[jeanesy] 06/4/2016 08:26

Yep and only one week left until hopefully some good news!

[wrighty46] 06/4/2016 08:23

Why's that mate isa etc?

[jeanesy] 06/4/2016 08:21

I thought the buying might start today!

[cordwainer] 05/4/2016 19:28

Skirmishes followed by uneasy ceasefires has been going on for so many years, recent news is arguably nothing new.

[jeanesy] 05/4/2016 19:28

Will the start of the new tax year tomorrow have any effect here? There were virtually no trades today!

[mattjos] 05/4/2016 18:32

lawyers & accountants the world over are going to have a bonanza pay day as a result of these leaks, as the crooked rich scurry to cover their tracks and find other ways to hide their wealth .... physical gold anyone?????

[mattjos] 05/4/2016 18:29

Delighted to hear about the Panama leak &, as I had long suspected, bent Aliyev's daughters (who could no more change a flat tyre than they could run a gold mine) are now outed as the mnajority owners.
Aliyev himself, if he has any brains whatsoever & does not want to go the way of the Icelandic PM, will surely now be forced to sort out the Chovdar ownership debacle & at the very least place the operation of the asset into competent hands. If he does not, he risks being unseated & that is a much bigger loss to the family than 56% of a dysfunctional, idle gold mine.

I'll wager the crooked Aliyev's will feature elsewhere in the Panama revelations.

Hat's off to Khadija Ismayilova for her investigative journalism in 2012.

Assuming the Armenia skirmish peters out fairly quickly (Az cannot take on Armenia in any meaningful way else risk Putin crushing them & Armena on its own cannot take out Az due to their much inferior military capability & AZ's alliances with Eu & USA) then Aliyev is going to remain firmly & uncomfortably in the spotlight & unless he is seen to be doing rather more right by his nation, he risks a coup.

All in all, I think these developments will be for the good of AAZ .. always assuming Vaziri has not mixed up the salt & pepper himself in some way.

The risks of mining in banana republics!

[jbravo2] 05/4/2016 17:51

Whilst a war can't be ruled out it really isn't in either parties interest at the moment. Skirmishes such as has happened recently are too small scale to affect us at the distance we are. It would need an escalation beyond even recent activity to draw us in. Touch wood.


A Google search at the moment on azerbaijan gold production will bring up occrp/radiofreeeurope articles about Chovdar and the links to ownership that exist. Panama details confirming past suspicions and details of a (presumably) minor court case tomorrow where employees want their wages.
I don't propose to post the link here, I'm sure you can find it if you want.
There is talk of Londex wanting to sell their shares in Chovdar but frankly I think Reza needs to tread very carefully if he's even contemplating it. I'm sure he doesn't need me to tell him that.

[jeanesy] 05/4/2016 14:58

Until the claims are independently verified then the welcome news about the ceasefire will not be believed as the original ceasefire news was over the weekend and that was not withheld. Once it is verified then we may see a positive change in the shareprice.
POG is doing much better today and the weather in the region is more springlike at last ..!!

[cordwainer] 05/4/2016 13:26

Ceasefire agreed.

[zhockey] 05/4/2016 12:44

hxxp://en.trend.az/azerbaijan/karabakh/2515202.html

[jeanesy] 05/4/2016 09:46

No-one is buying though atmo. Unless the situation is clearer then this might continue

[jbe81] 05/4/2016 09:29

Gold moving up, AAZ still cheap to buy

[ferries5] 05/4/2016 08:30

Jeanesy, this link explains what is going on, and why.

[jeanesy] 05/4/2016 08:08

Does anyone know how the ceasefire is going ?- cant find any recent news, so hopefully that is good news. Hopefully the shareprice will re-cover slowly before the production news next week providing there is no more un-expected news!

[jbe81] 04/4/2016 16:33

Already posted, but think this is much more relevant to the AAZ share price than skirmishes on the border. Thoughts Mattjos?

[2sporrans] 04/4/2016 10:08

Part of the problem is that the 3 regional powers [Russia, Iran and Turkey] that ought to be brokering a ceasefire and sustainable stand-off, aren't predisposed to working in harmony themselves.
Leaving the Iranians aside, the Russkies and the Turks have fallen out badly of late and [with a military base in Armenia] the Russians will want to keep Armenia as an ally. They also do a fair sum of trade with Azerbaijan and have interests there too but the Azeris and the Turks are natural allies for plenty of reasons. Similar Sunni culture apart, their future economic interests are aligned: e.g. European trade and major gas pipeline [via Turkey] to S+Central Europe under construction; not developments Putin et al will welcome.

The above doesn't improve the odds for a quick, lasting ceasefire.
Let's hope the Azeri government hasn't sought to attempt some kind of land grab as a distraction from growing domestic travails.
I think this unlikely, though it's a common enough ploy historically by 'strongman' politicos.

Whilst aware of the Nagorno-Karabakh issue, I didn't expect these hostilities to resume; it has been the growing economic woes that I had [until now] considered as a more likely potential risk.
Sure, AAZ is not there to get involved in Politics etc; the problem is that the 'Politics' may, none the less involve it.

Well, I'll continue to hold my remaining stake [sold 1/2 for 7p for much same reasons as Brasso weeks ago].
Tempted to add if the price drops a fair bit more but I think the increased risk discount is warranted; so hold and hope for now.

[ilostthelot] 04/4/2016 09:25

I agree debt reduction is massive. Just look at POG to see what high levels of debt does to a share price.

[jeanesy] 04/4/2016 09:11

Anything over 5000 will do for me as the month was quite cold. The weather is now warming up considerably which should help going forward. I t is the news about copper, gold produced by flotation tank , silver and debt reduction which is going to be key too. Also what costs we have saved due the manat depreciation

[brasso3] 04/4/2016 09:08

If they can hit 5500oz in March that would be on par with last year so will be a good sign. If they are below 5000oz then it will require explanation by the company.