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Big market sell off in the new year will take this to basement prices

Another one down the ....... Aim is is like a graveyard of companies of late, same happening over at ARS, doesn’t matter how good your assets are, if nobody wants to buy them it’s goodbye if you don’t have lots of cash to develop your base

Might not be imminent but I bet it will happen sooner or later, probably after another massive share dilution. I still think this will hit 2p before it ever hits10 again. I’ve been saying this since 10-12p.

Just a thought, but nearly 1 billion shares in issue already, pay attention peeps, this is aim

2p still on the cards here, just a few more sellers on margin calls required,

Yeh but why buy something for a premium price when you know the company is running out of cash and no funds to develop it, if you do have contacts in that neck of the woods, they will simply steal it by any means possible. Trust me, you don’t make friends in mining, it’s pretty cutthroat from what I know. Unless they pull a rabbit out the bag this isn’t going anywhere soon, they will have to fight to keep it, it’s Indonesia after all

Slowly slowly I said this at 11p and got slated, it’s now looking like a good call, follow your gut instinct, seen this time and time again on aim

Nothing informative to post here really, at 10p it was outrageously overpriced with very little chance of investment, they have little cash, and any company that wants the assets would rather see them run out of cash and steal the assets than invest in an inflated sp raise. There are so many companies with no cash to develop their assets. 2p will come IMO

Reminds me of SBLM, CHL, BZT wake up guys, another aim dog

Good old Aim market

2.5p

I said this would happen a few months ago on here and I got slated, DYOR not even worth a punt at this level IMO, look what happened to Churchill Mining when locals kicked up a fuss, Wouldnt touch this with a barge pole, the government will probably revoke their licenses next year on environmental concerns or fraudulent signatures on the exploration permits, better to buy a company that actually produces something in a better jurisdiction

We’re getting there, happy to wait and collect my dividends :)

Investors not happy here

The next 6 months should be transformational

This should be over £1 per share based on current news

Interims or exploration jorc upgrade and maiden dividend and policy announcement

Next couple of weeks should beR some fruit here hopefully

I reckon going by the buying and increased holdings this will make a surprise to the upside and lack of news flow has been to deter traders from buying the stock and only those in the know will have access to that information. Speculative buy I’d say as things in Mozambique have definitely improved since the new management took control

So by my calculations the falling gold price doesn’t have a significant impact on AAZ all the time £vs$ declines. Example 1: 10,000 ounces sold @$1350 when the GBP was £1.42 vs $ equates to $1350 x 10,000 divided by £1.42 = £9,507,042.25 Example 2: 10,000 ounces sold @$1150 when GBP is £1.25 vs $ equates to $1150 x 10,000 divided by £1.25 = £9,200,000 This means AAZ technically is only £300,000 worse off on every 10,000 ounces sold at the cheaper gold price which doesn’t warrant the £20m knocked off the mcap from recent highs. This is still a cash machine and printing money regardless. Even gold $1150 x 80,000oz @$700AISC AAZ would still make approx £28m profit