Anglo Asian Mining Share Discussion Threads

[jeanesy] 27/4/2016 19:51

Jbravo why are you so confident? Do you know something we dont? I would be very happy to see 10p myself in the short term. We need to up production and clear some debt before this rises unless there is some transformational news to be released?

[jeanesy] 27/4/2016 19:40

Any sort of rise will be welcome here!

[ilostthelot] 27/4/2016 19:32

Are you on the bevy jbravo ?

The share price will be over 30p some point in next 2 years in my view. I'm not so sure about the next 3 months 10-15p would be a good start in that time frame.

[jbravo2] 27/4/2016 18:35

Good I like it too. I'm very very optimistic, for those that haven't picked it up yet.
Yes, I agree it would be cheap at 20p now. It'll soon be cheap at 40p.
Not a chance of April I'm afraid, but 3 months, maximum, isn't too long to wait for the game to change. Hey, it might be 1 month. Likely 1-2 but can't see it being beyond 3.

Oh yessssssssssss!

[jbe81] 27/4/2016 18:18

Jbravo, like the optimism. Although there are only a couple of days of April left, some people thought there would be news by then. Am nearly as confident as you,its a question of when. I am very optimistic on gold, can see it doing well over the next couple of months. If the share price here was 20p by the end of next week, would still be cheap.

[jbravo2] 27/4/2016 18:09

Well that is true to some extent and always will be. If the price of what you sell goes down (all other things being equal), so does your profit. Whether you're selling gold or biscuits.
It gets interesting when all other things aren't equal.

If, for example, your costs come down and your production target, say, gets blown out of the water then it is reasonable to assume that your share price may not follow gold price quite so closely. It might of course find a whole new share price range to follow it at.




Share price, materially different. 12 months. 3 months left. Tops.

Oh yessssssssssss!

[zhockey] 27/4/2016 17:55

Gold is still vulnerable under 1300 imo and in the short term AAZ will follow gold.

[mattjos] 27/4/2016 16:59

well, for the chartists amongst us, the long-term chart here is certainly beginning to give some much more positive indications.
If a 'standard' 50,100,200 MA Golden Cross is your thing, then we've had that at end Feb this year off the back of high volume at start of Feb.
The 200MA then offered support for a fleeting touch earlier this month. All three MA's are below the current price & are all aligned in an upward direction,

If you subscribe to Stan Weinstein's Stage Analysis, this has broken out of the Stage 1 Basing Stage and has been in the early part of Stage 2 for the last 12 weeks ie. above the 30 Week EMA. This is the first time it has managed that for 3 1/2 years.

There are 3 scheduled news items in the coming 11 weeks with the possibility of one 'unscheduled' update to maintain interest from the traders also.

Gold looks to be consolidating just around the $1250 mark for the time being before a further attempt to breach $1300

[jbravo2] 27/4/2016 16:52

Tick tock.
Oh yessssssssssss!

[cordwainer] 27/4/2016 12:44

...sure, my Japan OEIC is currently running a 90% profit from Dec 2014

[zhockey] 27/4/2016 11:37

Does anyone care about Japan anymore?

[mattjos] 27/4/2016 11:30

but will also depend what Japan do with regards NIRP & stimulus

[zhockey] 27/4/2016 09:52

The usd has been selling off so if the fed hold as expected it will probably rise a but on the news imo

[mattjos] 27/4/2016 09:22

next couple of days will be interesting for Gold with Japan & USA decisions due

[zhockey] 25/4/2016 10:39

Gold looking vulnerable

[mattjos] 25/4/2016 09:46

This is an old article but, not one I'd read before:
...."With production expected from the Gosha mine by the end of 2012, what level of impact are you expecting from these operations in the future?

In 2011 we discovered and submitted the notes of discovery to the government for another of our properties, the Gosha mine. It is located in one of the most beautiful areas in the world, at the top of a mountain. However, this makes our job difficult. We estimate that there are 300,000 ounces in just one zone of the 13 the site has. These other areas are currently being explored, as we are talking about an underground mine. We are planning to put into operation a small processing plant to produce somewhere between 15,000 and 20,000 ounces of concentrated gold annually. Later on we will decide whether to sell the gold concentrate itself or bring it back together and put it in the agitation plant. Adding Gosha's production to our overall operations, we will go over 100,000 ounces a year, which will enable us to upgrade the status of the company from a junior mining company to a mid-size mining company.

[resourceful] 25/4/2016 09:29

dilip
great resource
good terms
the rest is iffy

[jbravo2] 24/4/2016 11:43

Lol yeah my thoughts unionhall.
Clearly someone dedicated to research.

Your answers dilip...
It isn't loss making at the moment. $47.5m.
However I have a feeling this isn't the investment for you

[unionhall] 23/4/2016 21:37

perhaps check out the last accounts....just a thought....

[dilip40] 23/4/2016 20:52

sorry ot

would appreciate any other gold silver producers epic codes on uk or canadian

markets worth researching thanks

[dilip40] 23/4/2016 20:49

hi new here

production figures of gold silver copper looks good

so why is compqny making a loss

and also how much is the debt

ot would apprciate

[mattjos] 23/4/2016 16:13

header updated with:

- latest production chart from Q1 2013 thru Q1 2016. The small chart in the header is an html click link to a full page version in a new window & worth viewing so you can see the huge step up in Copper & Silver production from the new flotation plant.

- Dates of expected news in the next 3 months. As I have tried to hilit, there has been a resource upgrade/ops update during the period between the FY results and the AGM for each of the last 3 years so, June could be worth keeping a close eye on the news, quite apart from the local AZ press for figures on the May production which should the first full 'hot weather' month at Gedabek with all the Heap, Agitation & Flotation processes correspondingly affected.

(Thanks for keeping up the chart Brasso & sharing)