Member Info for Brasso3

Q2 figures should see 19,000oz of gold at an average price of $1250. 19,000 x 0.87 x ($1250 - $700) = $9.1m With silver and copper on top of that that quart should exceed $10m in profit. Revenues will be around $22m for gold, copper and silver.

htTp://report.az/en/industry/silver-production-increased-5-times-in-azerbaijan/ 784 Kg = 25,200 oz for Jan to May. With the Flotation plant gold that is an average of >5300oz per month so far this year. Updated: May production figures:- 6300oz x 0.87 x ($1250 - $700) = $3.01m profit!

May production was just over 6000oz excluding flotation plant gold production. That is around $3m in profit for 1 month!

The $50m debt is the reason that its down at 11.5p!

The Lx-1 and Jx-1 wells are not within the Dermattei concession. I think you are confusing the fact that the Pirity and Dermattei are part of the same basement. Sure, a commercial discovery at Pirity would bode well for the major parties involved in Dermattei. PPC did not have to give up their potential interest of 59% in Dermattei they chose to do it. I would hazard a guess that the PPC team see easier fruit north at Hernandarias.

They promised to report on the progress by end of May that is why they issued an RNS. This news was probably put out to put some positive spin on the RNS as the main news was that AMERs pipeline in Colombia is further delayed. We should remember that AMERs well is on the east of Paraguay and PPCs assets are in the west. Close but different structures. PPCs assets are closer to Bilivian adn Argentinian oil/ gas fields.

https://www.youtube.com/watch?v=ilsenY9ZMFY

2nd March 2016:- The Company received notice on 1 March 2016 that, on the same day, Peter Levine, Chairman, through PLLG Investments Limited, purchased 4,000,000 ordinary shares at 5.0p pence per share. Following this transaction, Mr. Levine's beneficial holding in the Company amounts to 121,834,586 shares representing 23.2% of the issued share capital of the Company. Total shares in issue = 525m There are many options so fully diluted it would be above 600m.

Not sure where you got those numbers from but Levine has 121,834,586 which is 23% of the share capital. See RNS on 2nd March 2016.

"Cash on the balance sheet" "Production Costs decreasing" "And more (already funded) drill to come in Paraguay" I doubt PPC have much in the bank to be honest and I think you are getting carried away with the above statements. Lets see what the FY results tell us next week.

Interesting. I met Victor at a PPC AGM/ EGM around 5 years ago. I notice that is his first post on here since 2009.

DRichi I think you mean Imperial (IEC) and not Premier (PMO)

Repeated sells? Did you miss the 300k buys? Did you notice that we were up on the day?

The remaining workover programme will be key now to breaking out of this downtrend. Can they get gross production somewhere in the region of 1000 BOPD? Hopefully we will get an RNS soon to state that this work has started.

I expect that stock has been weighing on the share price for some time. The MMs have probably been selling that in the market in advance.

Ok Back on 19th August 2013 D & P New World had 8,800,000 shares in PPC which was then 3.3% of the share capital. Obviously the mass dilution since took them below the 3% threshold. A candidate for the 5,800,000 trade?

How do you know D&P New world hold 8,800,000? That is only 1.6% of the share capital and below the declaration threshold for LSE/ AIM stocks.

This one is not so heavily impacted by the oil price as all the production from Argentina is at a set price.

http://www.proactiveinvestors.co.uk/companies/stocktube/4552/anglo-asian-minings-finance-chief-on-gedabeks-record-production-4552.html

11 January 2016 Anglo Asian Mining plc Director loan and Company net debt Anglo Asian Mining plc ("Anglo Asian" or "the Company"), the AIM listed gold, copper and silver producer focused in Azerbaijan, announces that Reza Vaziri, President and Chief Executive Officer, has agreed to extend his loan facility to the Company. The Company also provides a summary of its net debt position at 31 December 2015. The amount of the loan facility from Reza Vaziri is $4.0 million and the term of the loan is until 8 January 2016. The amount currently outstanding under the facility is $3.9 million. The extension of the term of this loan is currently being renegotiated. The Company had net debt at 31 December 2015 of $49.2 million, a decrease of $3.2 million since 31 December 2014 Further details of the extension of the term of the loan from Reza Vaziri and Company net debt will be provided in the Company's Quarter 4 and Full Year 2015 update which is expected by 15 January 2016.