Member Info for Mostyn

Hi, I'm new to AAZ, I like what I'm reading but have 2 questions if any one can offer an opinion....

1. Where do people think the SP will/should realistically get to in next 6 months?

2. Some chat suggests the Armenians depleted AAZ assets whilst they had them. Does anyone have any idea what amount of resource is left?

Many thank

They haven't been selling their stake in cora, they have just been diluted as they haven't been actively participating in cora's capital raises. But their investment in Cora Gold is a valuable asset.

If it drops that low again I'm ready to buy more.

Having been invested here for a long time then jumping in and out, having been fed up with certain aspects of management strategy, I can now say they have restored a lot of my confidence.

Anything under 30p is top up time for me.

But SDX are definitely moving in the right direction IMO.
They have realised some good value for substandard assets, focused their strategy following the irrational PW era and production is up. Sales are up, cash is going up, work programmes are funded and with no debt.

If I remember correctly they had to have 4yrs guaranteed reserves for the contracts at the start of last year or something like that. 4years seems to stick in my mind

I've looked at HUM strategy and not only are we running our own mine and developing others:-
Yanfolila
Dugbe
Kourassa

We are also strategic investors:-
Cora Gold
Bunker Hill mining

So I would say we have diversified operationally, geographically and asset base. Almost no debt, cash generative with proven and probable resources in the millions of oz's.

I am now happy to sit and wait as this could re-rate at any time and with speed.

Good luck all

My target SP is 100p. And I would say that's reasonable.

Gary also missed the fact HUM are major shareholders of cora gold

Equilibrium**

So maximum 9 points on the piotroski f score showing financial strength, company undervalued and quality assets. Stockopedia and others are starting to publish very positive articles on HUM. Market equibrium will occur and our SP will increase to a fairer valuation...... But I think we will see a takeover offer arrive first.

How many share consolidations has RRR been through? Mr Bell is brilliant at his job. This whole company just keeps turning over more investors cash to keep him in his luxurious lifestyle. And he always has a perfect excuse for any difficult questions.
tshipi/JMS investment has been one of the only decent investments in the company history. Too many white elephants to recall

Sorry, to be exactly correct, the company IS fully funded for all of 2021 but this fully funded drilling campaign will run into 2022.

Drilling/works programme is fully funded for the next 2 years. From existing reserves. So I guess they'll use the cash to pay for that. SDX are in such a strong position going forward.

I would take out both hum and cora gold as there is so much potential and both are undervalued. Its likely we will see some bids in the new year IMO

Before year end the drilling results will be released. The BOD sounded positive about them. Not long now

To be honest, I have my reservations about the transparency of this Co and have sold out previously.
BUT..... given yesterday's drop, I couldn't help but buy back in. It should be 40p plus right now, so any opportunity below 30p and I'll buy. 2nd biggest holding now so hopefully onwards and upwards.

of a share this one is. Glad I bailed out at 40p now. Thought about re-buying during lul, but now covid vaccines are out, and with questionable accounting/management (IMO)
If you can't make hay when the sun is shining, you damned when the sun goes away.

Good luck all and goodbye

That's a fair point Manunited31 and to sheungy, yes we need to be conservative but results won't be published until 10th December and the divi won't get to us until early 2021 at best, so this could drift a bit especially given the neutral out look and 305p target which we have been at today.
We should be worth more in my opinion, but there are other investment ops about that might reward sooner so a bit of patience might be needed. If this drops to 290p or below I will be buying more

Manunited31 is talking rubbish. See below for some positives and dividend information from September announcement. Manunited31 is spouting fake news.

Tue, 8th Sep 2020 07:00

RNS Number : 2814Y
Smith (DS) PLC
08 September 2020

8 September 2020

DS Smith Plc AGM trading update



DS Smith Plc ("DS Smith"), today issues a trading update in respect of the period since 1 May 2020, accompanying today's Annual General Meeting.



Trading update

The business has progressed well in the period with performance continuing in line with our expectations, despite the macro-economic challenges that resulted from Covid-19.

"Our like for like corrugated box volume performance has improved over the period since the initial impact of Covid-19 and in August we have seen a return to positive growth vs August 2019. "

"Our leading FMCG and e-commerce business has grown through the period demonstrating a consistently strong performance with our multinational customers, more than offsetting the continuing challenging conditions in a number of industrial categories."

"We are encouraged by the progress in North America, in particular in attracting new customers, including multinationals, to our Indiana plant."

"Given the performance over the last quarter, and our improved clarity in the outlook, combined with a strong financial position the Board intends to declare an interim dividend for the half year to 31 October 2020."

Yes, with Amazon results and picking up some big customers in the US I would say things bode well for DS Smiths.
I'm looking forward to results

35days is not years is it.
It was announced that divi News would be released and the divi reinstated with next results end Oct. So not long now. But I'm not a long term holder like some.