Member Info for Korg

I was talking about the £22.5k trade, not an insignificant amount. 2.5 million shares. .5% of the company. Nothing wrong with my perspective. Plenty of large buyers since results. 60% gross margin quite attractive.

someone accumulating a LARGE holding

good reason to add imo, should bag from here

I guess he s expecting better things topping up his isa

Quite significant, management were confident of reduced AND reducing costs even before the recent news. So the positives keep adding up. If/when gold rises your looking at substantial increases in profits. As ever you need to buy these lows to make the big gains.

opec expect 1 trillion dollars in cap-ex spend, good news for adss oil/gas divisions

Were in the season of distressed sellers, so starting to scale in now. Also see AVS aquiring/RTOing early next year. Cash and premium for listing starting to attractivly priced now.

end of year book balance imo, anyway strong price held even during the sell off!

numbers look good next year, can see gold rising too

thats the point people are missing, yes gold has come down, BUT so have production costs, AND now they just got a whole lot cheaper ... for AZZ. Best value gold miner on aim? Pretty close imo Well opened 7p on last results so id expect that before resukts and a bit better.

down from 2p, so looks like a value play now.

"Conclusion: Manat depreciation offers a significant tailwind to Gedabek operations with “a substantial portion” of the AAZ operating costs and overheads denominated in the local currency. Major AZN denominated cost items include the Company’s payroll, power (operations are currently run using diesel gen sets) and mining. As the Azeri Manat lost c.50% since the start of the year following two announced devaluations (Feb, Dec), we expect a significant improvement in AAZ operating margins in the medium term before an acceleration in inflation rate balances out the beneficial effect of the exchange rate depreciation. We are reviewing our earnings numbers and will be releasing our updated estimates shortly." lower costs mean more profit!!! Could see $30 million plus as gold rises too

should attract an rto deal imo. Pharma and tech seem to be driving the way. New rules making listings moreee dificult.. New year should bring plenty of intrest imo.

new gpu's being developed by other corperations, takes a big bite out of img

plenty more buying now, Still on for fpr your targets brasso "I estimate operating profit from just gold for 2015 will be $26m 71,000 oz x ($1100 - $736*) = $26m *$736/ oz was the H1 costs In the recent interview by the CFO it was stated that full year costs would be below $700 an ounce. With copper (1000t) plus silver (15,000 oz) the operating profits could be around $30m"

there was plenty of buying on the news yesterday, so see that as a good sign.

should recover well imo

looks good news, could mean the dollars strength will have less of an influence, AAZ seem to think good for the company too. AAZ can get on with doing what they do best.

good to see, numbers are solid here.

Ok, $30m profit. my calcs were only rough but still favourable, I did not include copper+silver. Either way thats some decent cash flow. Sentiment should improve on offical release. Might add before then.