Member Info for Hhardon

I did buy some shares in EMED.Sold them about 6 months ago.And for more than twice the price they are today. Some you win,some you lose. The price is king. H.

EMED have 2,820.85 million shares in issue at present.Who in their right mind is going to pay £2,820 million for a big hole in the ground? The price of copper varies,and the future price is uncertain.You certainly do not know what the price will be next year,let alone in 3 years. H.

2p? Bloody hell. H.

Coming off of a 5 year low,and the price is still not impressive.The chart indicates,to me anyway,that the price of copper is only going one way,down. H.

MrOnion, less of the blaspheming,there are Christians present,and it is coming up to Easter! 2 pee or not 2 pee that is the question? H.

"I'd imagine that a share issue isn't happening anytime soon!. A bit of an understatement on that,you cannot even trade these shares at the moment as Mr King has yet to divulge his NOMAD. A share issue,more like a begging bowl,as Mr King has pointed out,to you mugs,"You do not seriously expect a dividend from us do you? We have got many,many more ways of wasting money than that". H.

should be a cake walk,especially without the mighty Hearts and Hibs to compete against. H.

Obviously,sweetheart,the pog has nothing to do with the sp of a gold miner. The pog was over 50% higher at the start of 2013 than it is now. Lower lows and lower highs has been the trend for the pog over the last 3 years. Another 4 years of this trend to go I suspect. H.

And neither are most of the folk reading this. As the majority of you,(i.e. fundfemale and co,)have an average much.much higher than to-days price. Did laugh at the bottom line of the RNS though,as they had to dip into cash and a bank facility for $0.6m of the $2.6m they were asked to pay. Another $1m of that can be directly attributed to the devaluation of manat.Fortunate... for now,but that situation could reverse,and is also not exactly an indicator of stability,is it? Congratulations on your big bounce,long may it continue. AAZ undervalued?Which company on AIM isnt? H.

Very droll Orbiter. Doubt Arfur will appreciate it though. H.

should be studied,into the wee small hours,by all AAZ players. Off the top of every years gold production is a minimum 12.5% cut taken by the govt. After that minimum 12.5% cut,the govt also take 32% on any profits. AAZ can claim 75% from sales proceeds,at this point in time(because they can recoup the costs etc they have carried forward,)thereafter the minimum split in 49/51.That is where the 12.5% figure comes from it is 49/51 split from the 25% beyond the 75%.(75 + 25 = 100) Anyway,this is the end game of the PSA,if gold takes off for example,AAZ may well not have enough carried forward to use the full 75% of the total sales proceeds. This is where it gets interesting. The govt,under the PSA will be taking as much as 51% of the total years production. On top of that 51% cut from a full years production,they will still tax any profits at 32%. Below an extract from the PSA,the entirety of which can be found on company web site. "Anglo Asian finances the operations and the MENR receives cash payments after certain payments and expenses have been made by the Company. The Company is entitled to a maximum of 75% of the sales proceeds of minerals to set against all operating, deemed interest and capital costs. Thereafter, the remaining proceeds are allocated 51% to MENR and 49% to Anglo Asian. " H.

Might be just as well for you all to rate this company,now,based on only 50% of current production minus 32% tax on profits thereafter. After all,surely the goal of the company,(and the govt?)is to progress to get to this point,is it not? H.

doze, it was a pleasure. You may,or others,as a prospective AAZ investors,be advised to be familiar with the PSA. Off the top of every years gold production is a minimum 12.5% cut taken by the govt. After that minimum 12.5% cut,the govt also take 32% on any profits. AAZ can claim 75% from sales proceeds,at this point in time(because they can recoup the costs etc they have carried forward,)thereafter the minimum split in 50/50.That is where the 12.5% figure comes from it is 50/50 split from the 25% beyond the 75%.(75 + 25 = 100) Anyway,at some point,if gold takes off for example,AAZ may well not have enough carried forward to use the full 75% of the total sales proceeds. This is where it gets interesting. The govt,under the PSA will be taking as much as 50% of the total years production. On top of that 50% cut from a full years production,they will still tax any profits at 32%. Below an extract from the PSA,the entirety of which can be found on company web site. "Anglo Asian finances the operations and the MENR receives cash payments after certain payments and expenses have been made by the Company. The Company is entitled to a maximum of 75% of the sales proceeds of minerals to set against all operating, deemed interest and capital costs. Thereafter, the remaining proceeds are allocated 51% to MENR and 49% to Anglo Asian. " H.

dd, "Never quite sure why people .." Very true.As his holiness the Dali Lhama is quoted as saying,"You never really know what anyone is thinking.Even your closest family or friends". H.

http://www.iii.co.uk/investment/detail?type=chart&display=chart&code=cotn%3AAAZ.L&it=le&timeframe=1f&index=&versus=&linetype=line&Go=Plot+&overlay=&overlay2=&overlay3=&overlay4=&indicator=&indicator2=&indicator3=&indicator4=&chartwidth=500&buylines=on&triggers=on H.

Did Shakespeare pen that? H.

T, agree with you. My posts were aimed at bringing in the exceptionally high pog to further highlight fundfemales flawed and misleading posts which mention AAZ sp spikes,without mentioning the (high)pog for the same period. The pog has not even been over $1400 since April 2013. H.

The pog started 2011 at $1400 spiking at $1950 in September.gold was never below $1600 for at least a year after. AAZ sp on the other hand had an 80p sp spike,in January 2011 and was priced at 40p on either side of that spike. AAZ sp finished 2011 at about 30p. A £4.1m M/cap is extremely cheap. "We are extremely cheap" has been the AAZ sp holders mantra for some time now. H.

the company 6 months after this phone interview. Recurring themes were and still are:lower production,higher costs and unable to satisfactorily process ore,and all the while asserting to"have a handle on it". https://www.youtube.com/watch?v=F4gHxyBP9v8 H. H.

"it will take 2 years to pay off,$50m,AL plant build costs." "future processing costs will be $450-500-max". "low sp is funny". "90,000oz in production by end of 2014 or 2015". https://www.youtube.com/watch?v=Ymu0GpM4uyY H.