Member Info for PhatStyle4321

He strikes again, everything he touches gets burnt

Great detailed post Shareminator, I am also hopeful that the Heli Survey will prove to the market that there are many more resources left to mine at Gedabek and the life of mine will be 10 years plus, once this is achieved, it will act as a huge catalyst to the share price. Q1 results are due soon aswell. We only have 3 weeks, 15 trading days left till the end of March

Good to see gold moving up nicely, Heli Survey about to be released in the next few weeks, I would expect a lot of potential targets and resources up for grabs in Gedabek, and plans on how we are going to target this, should hopefully give confidence of a 10 year plus mine life and be the catalyst to drive the share price north.

On another note, glad someone put Taffy in his place

https://youtu.be/bIhgmhdcOcg

At the very least should be some funds trying to buy a few million in the near future from the investor roadshow and I wouldn’t be surprised for any takeover bid coming in the near future due to the rarity of good gold miners, let’s wait and see

What I agree on your part is that the management are keeping cool in the sense to keep a level head on any kind of guidance and being here along time this is their set way. To emphasis they will always underquote and over deliver and if issues arise along the way then their at the very least they can meet their quota. However with the Heli results, it will paint a clear picture on the amount of extra resource we have available to extend the LOM, which will be the next catalyst in our share price. The dividend guidance is a minimum so I would expect a higher payment. The last few RNS’s I agree haven’t been earth shattering however the Heli Survey is the one that really has the chance to increase our value.

Posted on ADVFN who spoke to Stephen explains that results will be out in 2 weeks these results are what is going to change the entire future of the company, IMO there is plenty of gold, silver and copper which will extend the LOM for another 10 years

Touching $1336 nearly 10 points up today

Profit increase, investors waking up to the increase in commodity prices, fair value is £1.20 easily, excited for the Heli results and how quick we can implement this into our production

Gold up 2 points this morning target is set at $1360, copper and silver doing well indeed, only bodes well for AAZ, one week from news, me thinks the JORC will be the catalyst to get us over £1

I absolutely agree, AAZ has such a huge potential especially with how the world is right now, all commodities are increasing in value everyday, as long as the next 2 pieces of news are within expectations we will be hitting £1 very soon, news could come as early as tomorrow

You will find that 50k sell was in fact a 50k buy

Gold set to hit $1360 in the coming days/weeks (as its broken current resistance)

What healthy debate are you trying to start ? You explained about how you think LTH’s will sell out ??? Strange

@Taffy, stop fretting, just get out if you are scared, this share isn’t for the weak, up 3p, sellers really getting out

@Taffy, Investors will sell out for different reasons, not because the company is bad etc or not performing as well as they think, as one can’t keep their money invested forever, everything is going extremely well, gold is up, every $100 increases equates to £9 million more profits. Only when the RNS is released will we get a true picture, after speaking with the directors the Gadir JORC is very complex due to it being underground, and Stephen will not be rushed to release it. Statements in previous RNS’s suggest a 3 year mine life which will be fine, ‘Confidence in the Short to Medium Term’

All the sells, are buys ? Maybe we will a delayed sell later

Taffy, LTH’s will not sell out just like that when some have been with the company at 4p, one thing that absolutely changed the attractiveness of this share is dividends, the share price will move up that is give, however at 80p, AAZ has huge potential to way above this price, the Heli Survey, will give us PI’s the spectrum of resources at Gedabek and IMO will be the catalyst to increasing value. The JORC will only have a short impact on the SP if bad, however I have a feeling that it is going to be within expectations. This is the first year AAZ has been profitable, and its the declining grades at Ugur which has affected gold production, not Gadir, look at the RNS’s, plus the guidance is only a marginal decrease, if they above like they did last year it won’t make any difference.

Within the next 2 weeks, we can all expect to see the JORC for Gadir and the Heli Survey results before the investor presentation on the 28th of Feb. I am predicting a 3 year extension LOM for the JORC, with high grades and also a major greenfield discovery which will be the key for unlocking the share price over the £1, since once resources have been hugely uplifted this will equate to millions in Mcap and not too mention the increase in the gold price, why else would Stephen buy in at 88p?

Gold up nicely after hours and overnight, sellers are out back to resume our uptrend today me thinks