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[soulsauce] 14/5/2020 13:33

Either works CSSF ;-)

[crossfirecssf] 14/5/2020 13:30

'coiled spring'

[shortarm] 14/5/2020 13:15

Exactly! As Yazz said 'The only way is up'

[bigglesbingham] 14/5/2020 12:54

Why the other?

[crossfirecssf] 14/5/2020 12:27

Head and shoulders....Wedge-tastic....coiled sprint,... call it what you will.
It's a matter of days before a move one way or another IMO.

[plasybryn] 14/5/2020 10:38

Selling before Quarterlies, Tavsan mine schedule, Deal news etc. seems a tad premature imo.

[pranchalee] 14/5/2020 10:21

Put in a largish order this morning at 3.5p little chance of execution

[thanksamillion] 14/5/2020 10:19

What can I say about that... I know, absolutely nothing.

[shortarm] 14/5/2020 10:12

Selling at 3.39 and they drop the bid to 3.2!??? Again lol

[1candc] 14/5/2020 10:11

Almost 12% at the moment, greedy MF's

[shortarm] 14/5/2020 09:20

Don't they just love a large spread!

[charles clore] 14/5/2020 09:05

Ek - I don't download anything but instead store it on the broker's server where I can access it any time I like. Glad to know you are a 100% buyer, good luck.

[ekuuleus] 14/5/2020 08:54

Cc I managed to get about a quarter of what you hold but it took several purchases. I dont like lots of trades as downloading the info from the brokers is very time consuming.

Only made purchases so far in aau. Average about 2.5 pence.

[k mon] 14/5/2020 08:53

Thanksamillion
5 May '20 - 09:08 - 21150 of 21473
0 1 0
The gold price going forward is now supported by the fact that the total USA national debt is now $25tn. This means that every American born from today starts off near $80,000 in debt.


………;……̷0;……R30;……230;……………………………;……̷0;……R30;……230;……….

How is that so...?

Where did that baby .. assign the contract .. that placed him/her in Debt..?

Have you never wondered why .. Privity of contract exists..?


It exists .. to prevent .. nefarious individuals / organisations etc... getting together & agreeing to spend money .. then passing on the 'bill' to someone else.. (ie someone who had no part in the 'contract'..)

It's called a Crime'... (mis-representation - embezzlement - 'Conversion'... etc..
all describing the same act .. of Fencing, stolen or mis-appropriately acquired property..

That.. is the one reason the judiciary exist .. to prevent 'the State'
.. the Monarch .. etc.. from relying on the proceeds of Crime .. in order to remain.

If they cannot prevent that crime occurring .. then the only conclusion that can be drawn, is that they too - are part of that criminal enterprise...

Q.E.D.


So... please explain where you got that idea from..?

was it a politician..

[renniks2016] 14/5/2020 07:55

KS is ahead of the game, and knows exactly what he is doing and that is just with what he has, not counting his chickens! Kaos- would he be classed as spreading himself too thin with his involvement in Venus before yesterday's RNS? If so then carry on spreading, as now we have (or will have) our hands on 50% of a great asset! IMHO.

[kaos3] 14/5/2020 07:09

it was not intended to be repetititve (which it was btw lol).
it was an intro to (you all probably know it ):
PALM deal
where Kerim is as well
and
a Q - what can we expect from him in the future - how he will be dividing his efforts and interests - entering 2019 PALM deal

shortarm - any thoughts

[shortarm] 14/5/2020 06:57

I read the first bit and gave up - you want Kerim to tell you (and the whole world) where he's going to spend 25 million for a hundred bagger (like last time)....I think Kerim with his big brain might just not be doing that!!!???

[kaos3] 14/5/2020 06:06

"proposal to sell off near term future profits"

I would add "sure" profits for ??? and would like to know what ??? are and be told what ??? are by the management - which is fair I think. before I decide in my Co I always want to know what alternatives are. that can not be denied! maybe they told us already - developing Cyprus and proving remaining 100 % owned assets (that is what I think) - and probably no further opportunistic buys.no hint lately about that directly connecting the incoming cash with further buys.

why no opportunistic buys - because .....

the other thing is a conflict of interest - how will Kerim handle it - he has done his PhD on an Australian licence that is now folded into PALM where he is a director. transaction was done last year. in 2019. hence he will probably be spending lots of time in Australia one would expect in years coming.

Great people like Kerim are like jubox - many LPs turning around - which is fine and great and standard practice - no problem with that. he is a free and superb creative man!

But then - why did not AAU buy Australian licences, how thin Kerim can spread etc.

I like Kerim more and more - I would just be happy to know more of his way of thinking, modus operandi, priorities coming forward etc.

And I am out of the league of your investments ( me progressing from 0 doing just fine) - I hope to open reasonable debate on certain topics to clear up thoughts for everyone.

[temujiin] 14/5/2020 00:19

What you looking for as positive and negative?
===========

If that was aimed at me, then I want to see the positives of $5m divi, $25m cash and $8m invested in Salisbas outweighing the negatives of reduced ownership, lost future profits from Kizil, Tasvan, loss of control and giving up 76.5% of Salinbas.

I want to see the positives of what Kerim could do with the cash that gives me more confidence, than the negative of losing long term profits. I invested in AAU just as they started to get their mine ready for production, to positively benefit from the profits the mine would throw off.

Some BOD's seem more interested in growing the asset, growing the resource, growing the reserves, rather than returning profits back to shareholders through regular dividends, and that's fine if it's reflected in the share price

With AAU's MOU proposal to sell off near term future profits, I want to be convinced it's in my interests in the short to medium term, and not a long term goal starting from scratch again. If it's the latter, I'll probably reduce my holding by 2 thirds. I like AAU and our BOD, so I hope the deal is one I can support.

[plasybryn] 13/5/2020 23:26

Looking forward now to the mining schedule for our second 30,000 oz plus per annum J. V. mine at Tavsan. How exciting is that? And I'm expecting Quarterlies out next week. The momentum is building. I'm also expecting gold to tick up again soon. The previous high of $1900 per oz adjusted for inflation apparently gives us c. $2300 per oz. Bring it on.

[charles clore] 13/5/2020 22:38

Only a trader would worry about liquidity. What AAU offers is growth and in the near future, yield. I find that very attractive and would not trade it at the moment.

[bigglesbingham] 13/5/2020 22:33

What you looking for as positive and negative?

[ekuuleus] 13/5/2020 22:22

I found it too difficult buying a sensible amount so I've generally moved more to more liquid stocks.

[temujiin] 13/5/2020 22:04

I agree with all that Charles, and have a very similar amount. My only question/concern is well known and is whether or not the proposed JV is right for us right now.

Looking forward to whatever is agreed (if agreed) being announced but will be quite vocal (as one would expect :) if imo it isn't a good enough deal, but will of course back it if it is.