Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Metal prices have really surged here, JORC should arrive tomorrow but no sweat if it doesn’t.
Sometimes drilling reveals more than expected hence the delay could be a good thing.
AAZ should really rerate once Dam plan in place back over £1.20
Gilar JORC said it would be released in November so it’s looking like next week now which will be exciting
Yep Gilar will be critical and I suspect underreported so far?
Only a matter of time for AAZ share price to respond, Gilar should be closer and JORC could land anytime
Copper prices up nearly 2% today, inching up day by day makes this company more valuable
Https://www.dailysabah.com/politics/diplomacy/azerbaijan-armenia-agree-on-basic-principles-of-peace-agreement
What amazing news and now means that Demirli is closer than ever
Remain really strong, India apparently being the new demand driver for Copper in the next super cycle to 2030.
AAZ massively aligned with this, buys at this price could reap huge benefits. 6 months time price could be easily £1.80 if things back on track
It was the RNS on 28th of September and highlighted very minor findings, the most recent RNS stated that all changes will have a minor impact.
Where is this micron report news mate?
Thanks
Now that the micron report came back clear this should be pushing 100p easily, copper and gold prices have surged
I am expecting very pleasant report from Gilar.
Totlally agree it is very cheap, JORC of gilar is due at anytime so lets see
80p + Before end of the month
Only a matter of time before this re rates and flys back over 100p
Inflation under control, and nice jump in gold and copper prices helping this along.
Looking back this was over 100p pre all of stoppage issues, now that it has been sorted that’s where it should be heading
Mmm...that may be a little too optimistic. It will need to rebuild the cash position and be able to start regular dividends again, whilst the political situation is still awkward in that part of the world. Long term hopefully yes!
Also just to add, 16 analysts have an expected 12 months price target of 208p
Agreed, AAZ is extremely cheap even at this price especially now everything has started back to normal, I believe if gilar JORC is good this will race to 100p very quickly
This normally trades well within the advertised spread, I do agree it will drift … unless further progress on Gilar arrives which should be the near term catalyst. If not that more news/time scales on the tailings dam should be too far away. If you’re a trader this is not the best time to get in but still incredibly cheap as a long term buy & hold with the company likely producing from multiple mines over the next 5 years.
Normally they say, becaureful of illiquid stock. The spread on this is huge, ur in the helm of market makers. Expecting this to drift to find stock imho
Https://eurasianet.org/armenia-says-outline-of-a-peace-deal-agreed-with-azerbaijan
There’s been some copper supply issues and the price is reacting
Shares in Anglo Asian Mining soared after the gold, copper and silver producer was given the green light to start digging for precious metals again in western Azerbaijan.
The decision came after the firm signed a protocol with the Azerbaijani government and agreed on an environmental action plan for its Gedabek gold mine that includes improving the handling and storage of chemicals.
Shares jumped 37 per cent, or 18.5p, to 68p but remain below the peak of 175.8p in January 2021.
https://www.thisismoney.co.uk/money/markets/article-12721163/MARKET-REPORT-Chinese-slowdown-fears-slam-brakes-oil-rally.html
Haha that was me - so sorry but glad you have had a great day - me too.
Its been a great recovery all