another point to note is that there is still a considerable short being run on the share ,and they would not like a spike up, as a rise to 5p would increase the daily interest they are paying for the shares out standing that is set at market open ask, and the interest daily payment would increase by over 200%.to go on through why it must rise tomorrow .about 50 days ago kermin said that this 1/4 numbers would out perform market expectations .they had an increase in grams per ton then and i all expect a higher through put and all of this adds up more oz and a lower production cost per oz.early night for ,i want to be washed shaved and and feed before seven. good night
Probably co-incidence but ADFVN AAU board gone very quiet since they emailed AAU regarding their dislike of perks being given out.
If there is a considerable amount of higher grade ore then it will indeed be a game changer irrespective of the Salinbas project, that might turn out to be the icing on the cake.
I think photo "Southern end of the Arzu South pit - highest grade area of the vein system is interesting as this again shows, (hope I am correct) the dark red areas which are skyward from the top of the yellow shovel digger.
It shows a vertical deep crimson area on the second level (face) and some tasty ore below on the first face. I suspect that is what Kerim is on about.
Has Kerim been conservative, as is his style with the quality of the ore feeding the mine.
As we know Kerim loves his Exploration & Development projects, with Proccea able & capable to run the mine on their own. But a few months ago, a senior director told me that he has seen a change in Kerim. As he is now able to assist the productivity and cash flow of the mine by managing ore flow etc. he is getting turned on by his team's very valuable contribution. He was perhaps thinking he might be a "spare cog in the machine" but now he and his team are very important to "optimisation" Who knows if that is true, but it makes sense to me. Nice story!
I have zoomed into the photo of the pit.
I can make out two shovel diggers which helps give size perspective.
In the very foreground are red & green lines marked on the earth.
Are these significant?
You don't see them unless you download the photo and then zoom in.
This is photo "looking down the barrel of the sold-silver vein (reddish tinged zone) in the Arzu South pit"
Dic you are making Detetives of us. But I'm none the wisher really. Just sounds good, but I'm easily persuaded to look on the bright side!
3 results of samples taken from south azur after the end of 1/4 .grades above 13grames would be very good above 30 grams excellent and any thing above then, light blue touch paper and stand back this is not a ramp none of these would surprise me
I seem to remember another photo with the caption 'do they know what we are looking at' or some very similiar heading. The photo was similiar to the one with Kerim holding out his arms. That is my humble opinion from memory. The background was the side of the open pit with Kerim with out stretched arms very similiar to another one there ? Is that the one you mean Richard ?
first last 1/4 turnover ,was north of $5 million how ever gold and silver prices have follen so by about 7% so an increase in through put would be help full. to out peform the last 1/4 so an increase$5.5 m or $6m would give us good news 2 a futher reduction in our loan comitment.
it is the looking down the barell one ,it is the same photo but i beleave it was taken of and enlagerd red became less bright and is more brown but it shows over a much larger aria and it is as i first stated earlyer to day
Sorry Dic I must be thick, but cant see a photo that has changed.
Is the one on 10th Jan?
Looking down a barrel or ARZU south one?
Why wouldnt they just tweet a new photo if they had a better one?
Dont get it. Hope you can help further.
can you not see it roco ,instead of a v with a top on as was clear in the first photo in the enlarged one we have a left handed L shape the base of which is 13 to 15 meters wide.the base of the L is about 5 or 6 meters depth and the right hand side column is is to a depth of 10 or 11 meters.perhaps my perception is stronger than yours . have you ever watched a leaf photosynthetic with naked eye, i can do that at times.
the origanel photo of the seam has been replaced with an enlarg ment.this sugests to me that this is much large indeed a mother load of 13m wide by 10 or 11m depth.the big question is how far does it run?
the seam seem to have got better as we have proceded north ,then 2 weeks ago there appears to have been a dramatic increase of grams per ton ,no numbers given yet ,but they stated that it was as good as any thing they had found so far on the azurs .the best grades found so far was 13 grams.i would think by now they should know how many grams per ton and how many tonker truck loads of 50 tons have been removed i
Blue haddock, I too have been following bitcoin but wary of getting involved mainly because it's not very clear how you sell them, there's little written about it, and no guarantees that you will get your money out. Have you any knowledge of this or experiences please, I'm dying for some clarification?
AAU seeing some nice rises now, lets hope it continues.
i stand by what i have said ,why has the photo showing the seam been removed , i think we will get the 1/4 update .Monday and if they report in in full we will get a massive share re rate north.the clever trade to day was the last trade at 1.58p ,Monday that will look very cheap.i see 10 or 20p or more
i know the ore has been trucked because the picture showing the rock face had been cleared because the ground in front was flat and cleared .where this has gone into production or storage to be mix in over time ,we must bare in mind that this 1/4 is the wettest 1/4 and wet clay clages the plant so they may wish to draw of stored dry ore .i do not know ,i am just putting my self in the board of directors shoes
just how good is this .they say it is as good as they haver found ,which was 13 grams.from the red clif face in a v shape on the photo which is the seam ,if this dos not contain copper could be well better than , may be as high as 3o grams.we will know shortly
perhaps the reason all is quite is because the 1/4 update had b een formatted and they are doing the final tweak .all so shedding some light on what has happened on south azur ,grades per ton and tons, as they are trucking it.we all know its good but how good .i think we may be pleasantly surprised
The chart looks quite bullish now imho and it will certainly attract the attention of buyers. Another feature of the chart is that it has broken out of a 6-year downtrend as seen below and will soon feature a 20/200 day ema golden cross with a 50/200 not far behind if it keeps momentum. A positive production report could probably move the price towards 2p imho.
Broken the six year down trend - wow. About time.
2p sounds a bit soft to me.
Lets have some new highs at least.
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