Member Info for Brasso3

With PPC on the brink of 4000 BOPD (Q1 2019) it is astonishing that the market cap. is only £100m. The markets have been turbulent of late and at least PPC has not suffered much compared to other companies. AIM investors are more interested in chasing the BPCs, UKOGs and RKHs of the AIM market. I hope PL is considered a move to the main market or dual listing on a respected exchange.

500k late trade has shown up at 9.25p from around lunchtime.

This one is a must watch!

https://www.youtube.com/watch?v=8E1HWLjAe8o&feature=youtu.be

The full suite of videos can be accessed here:-

https://www.youtube.com/channel/UCYU2ayhk4G6vu1DMsCfgktQ/videos

You are missing out on some great images and videos from Matts thread over on ADVFN:-

https://youtu.be/Nc_6yeWk1qI

https://youtu.be/fB56aCvxCPI

https://youtu.be/wk5EtaTqCGw

https://youtu.be/xp91r5dfljQ

https://youtu.be/rZakyNk5zmo

https://youtu.be/YKc5lzwCj20

https://youtu.be/U74WQi2rl4U

https://www.presidentenergyplc.com/

Good move by PL and team. We need move diversification away from Argentina and this creates much better balance to the portfolio. A JV in Paraguay now would put us in a very strong position across all three countries.

I too have thought about buying more shares but I am already over committed with ~600k.

I would prefer to buy more into an uptrend with confirmation of 3300 BOPD.

From Wanobi on ADVFN:-

https://www.mining-journal.com/gold-and-silver-news/news/1348526/continued-improvements-for-anglo-asian-at-gedabek

https://www.proactiveinvestors.co.uk/companies/news/206870/anglo-asian-mining-to-hit-upper-end-of-guidance-after-strong-production-quarter-206870.html

https://en.trend.az/business/economy/2964027.html

https://www.proactiveinvestors.co.uk/companies/market_reports/206923/proactive-news-snapshot-argo-blockchain-chariot-oil-gas-ffi-holdings-206923.html

https://www.proactiveinvestors.co.uk/columns/sp-angel/30125/today-s-market-view-altus-strategies-bushveld-minerals-shanta-gold-vast-resources-and-others-30125.html

https://www.mareainformativa.com/2018/10/13/anglo-asian-mining-plc-aaz-to-issue-dividend-of-0-03-on-november-8th-updated.html

http://bharatapress.com/2018/10/12/anglo-asian-mining-plc-aaz-declares-dividend-of-0-03/

https://www.proactiveinvestors.co.uk/companies/market_reports/206881/keller-shares-hit-on-asia-business-warning-while-mobile-streams-rises-206881.html

Stockable

PPC are currently producing 2700 BOPD gross and targeting 3300 BOPD by year end. The only gas PPC produce is in the USA and its hardly worth mentioning. The EV gas from several wells is not in production.

Time will tell whether buying a pipeline with negligible reserves for $10m is good value. Lets hope so.

PPC receive around $67/ $68/ barrel at PF and $57/ $58 barrel at PG.

The average costs per barrel are around $25/ barrel.

Its all in recent presentations on the companies website.

The OPEX is not $33.50/ barrel and the sale price is not $80/ barrel.

I suggest you do some more research!

Buyer mopped up in the last hour:-

70k at 70.75p (15:52)
70k at 70.75p (15:52)
75k at 70.75p (15:52)
40k at 70p (16:35)
42k at 70p (16:35)

Always nice to see employees buying shares albeit only 43k.

Sellers will dry up now prior to going ex divi on the 11th.

Q3 numbers soon after and widely expected to be around 22,000 oz (gold equiv.)

12th - Ex divi
15th - Q3
22nd - Proactive presentation

http://www.proactiveinvestors.co.uk/register/event_details/170

Slot in the airborne survey and Gadir JORC just afterwards. What is not to like.

AAZ can live with low gold prices but most other companies would go under.

I do not think you will be able to give any good reason to sell AAZ this side of 100p.

This is primed to move to 80p now with 3/4 big pieces of news due:-

Oct 12th - Divi date
Oct 15th - Q3 production figures
Q4 - Gadir JORC
Q4 - Gedebek Airborne survey

The 2.3p interim dividend which will also be at least repeated at full year gives and annual dividend of 4.6p. That equates to a healthy yield this side of 100p.

60p - 7.6%
70p - 6.6%
80p - 5.7%
90p - 5.1%
100p - 4.6%

AAZ gets a mention around 5 min 20 sec:-

http://www.proactiveinvestors.co.uk/companies/stocktube/10557/mining-capital-s-alastair-ford-on-the-outlook-for-gold-and-rare-earths-10557.html

Mattjos 22 Sep '18 - 14:25 - 15748 of 15754

As far as all this talk of the dividend is concerned, need to clarify Calendar & Financial Years.
Also, I do not believe that John Meyer would have indicated, in the interview, the dividend in Financial Year 2019 could be twice as much as the dividend for the entirety of Financial Year 2018 unless he had first had conversations on the subject with the company directors.

Keep it simple and work on a total dividend of 5c for Financial Year 2018 & 10c for Financial Year 2019. That equates to a total dividend of 15c between now and June 2020.

At todays exchange rate of GBPUSD: 1.30 that would be circa 11.5p for every share you hold.
Shares purchased for 63p between now and 12th October, will yield circa 18% income over the next 21 months + investors will have a ticket to ride the capital appreciation of the shares.
I am firmly of the opinion that the shares will absolutely grow in value from 63p to at the very least 80p (likely far more).

so a 63p share will grow to 80p, which is a 17p increase in value (27%) + receive 11.5p income ... a total of 28.5p (45%) over 21 months.

When folk do the maths for themselves, any shares below 80p buy price are going to be like rocking-horse excrement on this information alone, let alone a new JORC for Gadir & exploration results.

Mattjos 22 Sep '18 - 13:09 - 15744 of 15754

H1 18 resulted in the following average / day production:

Au: 183.7oz
Ag: 468.4oz
Cu: 3.2t

Annualising those H1 averages gives FY 18 targets of:

Au: 67,061oz
Ag: 170,975oz
Cu: 1,184t

Clearly Q's 3 & 4 are going to be much better with the new crusher enabling parallel running of Ag & Fl for the first time.

Since start 2013, if you identify the best quarter production for each metal and put those together, you get a theoretical FY maximum of:

Au: 79,031oz
Ag: 186,313oz
Cu: 2,450t

So, we do now have the productive capacity to exceed the theoretical best ever FY figures. Assuming there is no immediate additional plant expansion, just what is possible is now down to ore grade, optimised ore blending, plant utilisation & optimisation.

At same time, the company clearly has a programme in hand aimed at optimising as many of the overall processes as they can eg. water recycling, diesel filtration, new haul roads etc.

I firmly believe there is plenty more to come in terms of optimising the overall financial metrics of the business. If there is a 3-6 month Optimisation of Operations programme in parallel with the exploration programme, it will further reduce the AISC and show what is possible when we use the exploration results to determine how and where the next expansion phase is done.

Obviously one of the biggest single levers on the whole model is grade of incoming ore ... we've had continual and repeated statements that grades are higher at depth. Now they have confirmed that Gadir is contiguous with Gedabek, the Gadir entry point presents the opportunity to get at a larger part of the overall ore body than had we only continued with open pit mining.

This is really now developing into a cracking company. Strong growth coming through, profits and cash-flow building & still so much more to go at. Superb management team at the helm & it is readily apparent they are enjoying themselves.

Much more to come here in the short, medium & long-term