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AVOCET MINING PLC Charts and Discussion Thread (AVM)     

Mr Ashley James - 24 Jan 2003 09:22

New Thread as requested by Wirral Owl.

6 Months Chart:-

chart.asp?symb=UK%3AAVM&compidx=aaaaa%3A

10 Day Chart:-

chart.asp?symb=UK%3AAVM&compidx=aaaaa%3Agold.gif

Cheers

Ash

Andy - 25 May 2003 12:31 - 73 of 194

Wendy,

Why no tput your email address in "my account" so that users can email you.

Your email address is NOT released to others, but their mails can reach you.
I think it's a really good idea!

Andy.

pwmiles - 25 May 2003 16:44 - 74 of 194

Hello again Ashley. This is why I thought you were ADVFN's "InterGlobe" (EDIT: oho not investorglobe -- room for denial here?)

From this very thread on moneyam

http://www.moneyam.com/InvestorsRoom/ShowPostList?fID=1&tID=24&from=64

Mr Ashley James - 19 May'03 - 19:08 - 64 of 72

1:50PM Gold futures close with a nearly $10 gain ($XAU, $GOX, HMY, GG) by Myra P. Saefong
Gold futures closed the session with a nearly $10-an-ounce gain as concerns about the dollar continued to keep investor interest in the precious metal high. June gold closed at $364.40 an ounce, up $9.50. Metals indexes are following suit, with the Philadelphia Gold and Silver Index ($XAU) and CBOE Gold Index ($GOX) both up more than 3 percent. Shares of Goldcorp (GG) are up 6.4 percent to $11.68 and Harmony Gold (HMY) are up 5.5 percent at $13.45.

------------------------

From ADVFN CMR "New High by Year-End?" thread

http://www.advfn.com/cmn/fbb/thread.php3?id=955283&from=3445

InterGlobe - 19 May'03 - 18:55 - 3445 of 3569

1:50PM Gold futures close with a nearly $10 gain ($XAU, $GOX, HMY, GG) by Myra P. Saefong
Gold futures closed the session with a nearly $10-an-ounce gain as concerns about the dollar continued to keep investor interest in the precious metal high. June gold closed at $364.40 an ounce, up $9.50. Metals indexes are following suit, with the Philadelphia Gold and Silver Index ($XAU) and CBOE Gold Index ($GOX) both up more than 3 percent. Shares of Goldcorp (GG) are up 6.4 percent to $11.68 and Harmony Gold (HMY) are up 5.5 percent at $13.45.

--------------------------------------------------------

There might be another explanation (than that you and InterGlobe are the same) but if so I'd like to hear it. Anyway it's nice to see some of the old gang here etc etc.

If you can believe it, I am still inclined to be friendly disposed Ash, not a mortal enemy or anything ... just like to know what is going on

(congrats on ur GHT success -- oh sorry that was Interglobe!)

Regards

Pat

Andy - 25 May 2003 17:16 - 75 of 194

PAtrick,

two posters possessing ESP perhaps?

An amazing similarity I must admit,I'm sure Ashley will reply in due course!

I'm sure all posters on AM have id's on ADVFN, although some won't admit to it! I still post as ahkeen there, but there again I always did use that name.

Mr Ashley James - 27 May 2003 08:18 - 76 of 194

Patrick Miles,

I no longer post on ADVFN, seeing as post was a copy and paste from Bigcharts, really no surprises that other users had access to this data.

Copy and paste perhaps?

Lawdy, lawdy, there is one born every minute.

Well every village needs one

(;-)

Ash

PS We are all out to get YOU!

glennb - 27 May 2003 22:57 - 77 of 194

interglobe is citytrader boy /m1 connection etc -

goldfinger - 27 May 2003 23:21 - 78 of 194

Why the hell are we going on about this re-personalities lets stop the crap and get on with talking about making money. That includes all.

I hear AVM results are out second half of July. G

Andy - 27 May 2003 23:35 - 79 of 194

goldfinger,

Any thoughts on what they're likely to be?

On the one hand AVM looks like a decent investment opportunity, with a reasonable degree of risk attached, (which is ok given the potential reward), but I always have a nagging doubt as to why the market doesn't see the potential in this share.

Do you have any ideas why?

Andy.

goldfinger - 28 May 2003 15:03 - 80 of 194

Andy, the situation is very different I feel now from what we faced in March when the Bear market was still growling and Bulls were looking for an alternative investment ie, Gold. Now that we are seeing this Bull rally investors money is going into general stocks.

No fears though as I feel AVM are on for 7.5 million profit and that could turn out to be very conservative. I feel we will see this one rise up to results and after.

By the way Zak Mir TA specialist is very bullish on Gold and thinks we will hit $400 per ounce. G

Mr Ashley James - 29 May 2003 02:14 - 81 of 194

Goldfinger,

I second that I see Gold breaking US$400 by end of July, and possibly hitting far above that by 10th October 2003, possibly even the US$850 after Anwar Sadat was killed.

Mad, we will see.

Cheers

Ash

Sequestor - 29 May 2003 09:27 - 82 of 194

The POG is knackered by the dollars slide, and the next move on this co. is down big time, having them and watching them for the last 6 months doing nothing during the times when gold peaked on several occasions has convinced me they are a hopeless case, next time they peak a little is the time to dump- if it happens.
HOPELESS SHARE.

goldfinger - 29 May 2003 10:27 - 83 of 194

Well thats what these boards are for Sequestor Free speech, but I think Ill put my money behind Ashley. Up Up and Onwards from here. G

Sequestor - 29 May 2003 11:54 - 84 of 194

Hope you are right but its hopes`triumph over experience i`m afraid

good luck anyway

Mr Ashley James - 29 May 2003 12:16 - 85 of 194

Sequestor,

I hardly think a run from 12p to 42p on the back of a gold rise from US$305 or US$320 to US$380 is exactly not highly geared to the gold price, by my calculations AVM moves roughly 1 penny with every US$2.50 on the gold price minimum or 1 penny with every US$2.00 on the gold price on average.

If AVM was worth 42p on a spike to US$380, at US$360, logically the price should be 37p/38p IMHO

au0365nyb.gifchart.asp?symb=UK%3AAVM&compidx=aaaaa%3A

I therefore argue AVM is trading at a discount of at least 19%/21% currently, arguably far more as a high cost producer benefits exponentially from gold price rises to the bottom line.

Sumary find any other UK Listed gold producer, ie currently producing large amounts of gold and in expansion mode with a market capitalisation of only 20,040,000!

The above numbers do not even take into account any expansion in production or profits as a result.

The bottom line to me is that once AVM exceeds a market cap of US$50m/30.45m at ROE US$1.642=1.00 I expect the institutions to leap on board and shareprice progression to be rapid, back no doubt towards previous highs of 240p would not surprise me.

chart.asp?symb=uk%3Aavm&compidx=aaaaa%3A

I therefore think the clever ones will be those that obtain a position sub 45p/46p personally.

Sequestor - 29 May 2003 13:44 - 86 of 194

I WAS licking my lips in anticipation Ash,after reading your last post, but I then took a look at the price, down again and my mouth went dry agin, still
I won`t sell, more out of cussedness than common sense, strange how the lure of gold makes fools of some men.

Mr Ashley James - 29 May 2003 14:03 - 87 of 194

Sequestor,

Because the trading professionals and market makers read these BBs like hawks, it is often a good idea when you want to take a position to post some bullish information, knowing they go short before they go long.

It is like taking candy off a baby, I want cheap stock, they want to screw the punters.

LOL!

Do the numbers before I post them at a valuation of US$1000 per toz of annual production and profits on a US$204 cash production cost

Avocet Mining PLC
09 May 2003







FOURTH QUARTER GOLD PRODUCTION





Avocet Mining is pleased to announce fourth quarter gold production of 46,240
ounces, bringing the total for the financial year ended 31 March, 2003 to
134,581 ounces.



Gold production from Penjom in Malaysia amounted to 30,560 ounces for the fourth
quarter bringing Penjom's total production for the financial year to a new
annual record of 108,905 ounces. Total cash costs at Penjom are estimated to be
US$190/oz for the fourth quarter and US$204/oz for the financial year (2002:
US$239/oz and US$225/oz respectively).



Production from Zeravshan Gold Company (ZGC) in Tajikistan for the fourth
quarter was 15,680 ounces, bringing total production for the five months since
acquisition to 25,675 ounces. Total cash costs at ZGC are estimated to be US$278
/oz for the fourth quarter and US$284/oz for the five months since acquisition.



Avocet is a mining company listed on the Alternative Investment Market (AIM) of
the London Stock Exchange. The company's principal activities are gold mining
and exploration in Malaysia (as owner of the Penjom mine, the country's largest
gold producer), Tajikistan (as 49% owner and operator of the Zeravshan Gold
Company, Tajikistan's principal gold mine), and Indonesia (where it has an
advanced stage gold exploration property in North Sulawesi, currently at the
feasibility stage).









__________________________________________________________________________________________________

For further information please contact:

Avocet Mining PLC 4C Communications Ltd

John Catchpole (Chief Executive) Carina Corbett

Jonathan Henry (Finance Director) 020 8949 7171

020 7907 9000 020 7907 4761


www.avocet.co.uk
--------------------------


This information is provided by RNS
The company news service from the London Stock Exchange

Sequestor - 30 May 2003 12:46 - 88 of 194

sound job

cheers Ash.

pwmiles - 30 May 2003 19:15 - 89 of 194

Just so you know

Ashley is Sequestor. He makes up imaginary friends, like enq on ADVFN's PET thread.

I AM UR FREND ASH. This will be proved some day

Wendy D - 31 May 2003 10:27 - 90 of 194

Pat -

You really are up the wrong tree here, and on the GHT thread elsewhere.

The raft of aliases are indeed all one person - that which used to be known as City Trader Boy. They are not Ashley. The syntax is a dead giveaway, as always. Plus the fact that Ash has a braincell or two more than the multiple-headed-hydra.

Several resource stocks and GHT are presently the subject of this person's attention. With the possible exception of AVM, Ashley lost interest in resource stocks many months ago, and certainly wouldn't be giving any credence to the prospects of Petrel Resources!

Sequestor - 31 May 2003 12:24 - 91 of 194

pwmiles,
I don`t think Ash will be too pleased about that comparison.

Andy - 31 May 2003 14:29 - 92 of 194

Wendy,

LOL!

"Plus the fact that Ash has a braincell or two more than the multiple-headed-hydra"

I'm sure there's a compliment just bursting to get out of that statement!

Andy.
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