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AAZ Anglo Asian Mining Plc

65.00
0.00 (0.00%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Anglo Asian Mining Plc LSE:AAZ London Ordinary Share GB00B0C18177 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 65.00 64,873 16:35:10
Bid Price Offer Price High Price Low Price Open Price
62.00 67.00 65.00 64.50 65.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Miscellaneous Metal Ores,nec USD 84.72M USD 3.66M USD 0.0320 20.16 73.69M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:09 UT 1 65.00 GBX

Anglo Asian Mining (AAZ) Latest News

Anglo Asian Mining (AAZ) Discussions and Chat

Anglo Asian Mining Forums and Chat

Date Time Title Posts
23/4/202420:50One of the largest developing gold properties in Eur or Asia59,994
23/4/202420:12Wanobi & AAZ65,005
08/3/202416:41Anglo Asian Mining Charts63
20/7/202212:37⚠️ WARNING ⚠️ 10
15/4/202213:57Anglo Asian Mining PLC - gold and copper in Azerbaijan23

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Anglo Asian Mining (AAZ) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
15:35:0965.0010.65UT
14:47:5162.456,0003,747.06O
13:00:1964.001,9991,279.36UT
12:06:3962.4310,3126,437.78O
11:57:0262.5010,0006,250.00O

Anglo Asian Mining (AAZ) Top Chat Posts

Top Posts
Posted at 23/4/2024 11:48 by 2cmb
Wan' having checked the RNS again it was the 14th of March when the Azari's got all the paperwork they had asked AAZ for.
So it will work through all the burocratic departments slowly.
Then I think it will be presented to the El Presidente for a sign off !! Now have a realistic guess as to when eventually we will get the RNS with the TD news ??
Remember how long we had to waite for the PSA to come through??
LOL :-) amazing how slowly the time passes when we are waiting for certain important news from a government.
In the meantime the shareprice will bounce around whatever. Traders wouldn't want to hang around that long. Perhaps I will accumulate a bit more cash to do another top up. :-) :-) depending upon the share price.
Posted at 23/4/2024 10:44 by someuwin
My favourite Non-AIM Recovery stock / Infrastructure play is Costain LSE:COST. Summed up well in the Sunday Times this week...

Share tip: Costain is building itself up again
Builder is leading the resurgence in the construction sector

Sunday April 21 2024, 12.01am, The Sunday Times

"The construction sector is picking itself up out of the rubble. Last year, more building companies went bust than in any other industry — a record 4,400 collapsing due to supply chain disruption, high material prices and labour shortages. The larger players stayed the course — most had improved their risk calculations after the liquidation of rival Carillion and Interserve’s rescue by its lenders. Now, more stable interest rates, easing inflation and more contract tendering are boosting construction’s appeal.

The City has noticed, to an extent: Kier and Costain’s shares are 20 per cent higher than at the start of the year; Balfour Beatty and Galliford Try are up about 7 per cent. But they’re still a long way from their past peaks. Costain, for example, is now trading at 75p, less than half its pre-pandemic share price of 194p, while back in May 2019, its shares changed hands for £3. Since then, the firm, founded in Liverpool in 1865 has been punished for booking expensive charges for badly priced energy and road contracts, and diluted by a £100 million rights issue at the start of the pandemic, required to secure the balance sheet.

But Costain is a vastly improved outfit from the housebuilder it was long ago. It has been transformed into an infrastructure contractor with tentacles in many a sector. It works with most of the major water suppliers on pollution-kerbing upgrades, with National Highways, Transport for London and National Rail, on the government’s contracts to decommission first-generation nuclear sites, and in defence. Costain looks poised to benefit from the UK’s likely Labour-led investment in more infrastructure projects. As Joe Brent, head of research at Liberum, explained: “We are optimistic about the outlook for infrastructure and believe Costain is the purest trade on this theme.”

Last month, the firm posted a 10.5 per cent rise in adjusted operating profit to £40 million for 2023. This year, more than 80 per cent of its revenues have already been booked. Chief executive Alex Vaughan pointed out that the value of this is about three times last year’s earnings. This confidence helped Costain bring back its annual dividend. Its cashflow is smoother due to recent cost-cutting tinkering: for example, its pension fund contributions were dramatically slashed following a review last year. Net cash stands stronger at £164 million, from £124 million a year ago. The relatively small gap between those cash reserves and Costain’s £217 million market capitalisation hammers home its good value.

Of course, the firm remains vulnerable to the ebbs and flows of contract-awarding mandarins, as has been seen with HS2. But analysts predict its pre-tax profit will exceed £52 million next year, and Costain’s shares are trading on just five times earnings for this year. It has a packed order book of blue-chip customers and has rebuilt its reputation: Buy Costain."
Posted at 21/4/2024 09:04 by 2cmb
Good morning all.
Wan and AiE. We all have a different prospective on the situation.
1)
Let's start with the scenario of current situation.
AAZ has been given the right to mine again after all the examination by the various Co.s checking things out.
If the Azari's wanted to steal AAZ they would have not given the right for AAZ to start mining again.
2)
A lot of locals are employed by AAZ. AAZ helps the local economy.
3)
AAZ has been mining for quite some time in Azerbaijan and shares the profits with the Government departments.
4)
AAZ has an excellent relationship with the Government.
5)
The Azari's won't nationalise AAZ.
It would stop future investments from other Co.s into Azerbaijan.
6)
Let's look at the worst scenario that
they refuse the current TD. to be used. AAZ puts the current mining opration to a full stop and looks for a place to build a new TD somewhere else. How long that would take? i have no idea. A mine can be put into care and mentainence.
In this situation I think everyone loses AAZ and the local community also the revenue to the Government.
7)
The shareprice would ofcourse take a
hit but it wouldn't be a wipeout.
8)
I would not have gone all in without consideration of all the above scenarios.

Wan' this is not a roulette table where it is all or nothing.
Your fears of a full takeover by the
Azari's is unfounded.
Let's say it happens. The case would go to arbitration.
Come back to me with a valid discussion.
There's a few of us that have gone all in. Terropol, JB, Me and a new poster I forget the name of !!

Anyway no advice from me to any other investor to follow our strategy.
NAI but today I want to put it clearly .
ATB
Posted at 20/4/2024 17:24 by wanobi
appreciate your offer of assistance cmb :-)

as previously stated, this is it for me.....

AAZ comes good,, it will have been a very decent trip.....

AAZ screws up,,, I'll be gone from this thread and off to do other things as it'll be game over....

I know exactly what risk I am taking and I am prepared for the worst, should it happen....

a binary bet,,, on AZERGOV & Pres backing AAZ or not as I've stated a good few times now....

I'm betting my shirt they will and yes, as Bumpa says,, it's gambling, not investing whilst the TD permission is hanging out there,,,, get that sorted and I feel we'll be back into investing territory :-) :-)

GL to all AAZ LTH's ....

Cheers
Wan :-)
Posted at 19/4/2024 11:31 by joey wilson
Any share dealing could be classed as gambling. Just varying degrees of risk. It all depends on whether you can draw a line under a losing position and start again. Many have watched AAZ here for years and years. I think most have an opinion that AAZ is as reliable as any. Hence, people are continually overweight here. The difference is that with share dealing, it can be a painful watch if you are losing as opposed to a horse race is over is an instant.Nobody knows which way a share price will go. Often, there is no logic to a downward swing, but people can only take an educated decision to invest and at what level of risk, using whatever tools are needed.Based on the latest RNS, I do think the odds are more in favour of an upwards movement rather than a downward move.Who knows?I am also all in. It worked for me before. Fingers crossed it happens again.JW
Posted at 18/4/2024 17:10 by 2cmb
Wan' we will get the TD news before too long. I bet some of the sellers are sick that they got rid of their shares a bit too early. Anyway I am a very happy holder here.
150 Meters of TD wall build is not going to be difficult to do after AAZ get permission to go ahead. My average shareprice has come down quite a bit after all the top ups I did.
Before too long we will get the news for the Nagrono Karabach mine.As the Russians are pulling out now.
What price AAZ shareprice then ?? The Banks will readily lend the money I am fully confident of that. 2/3 Years from now we will be getting a nice dividend as well.
Early days yet. The only fence AAZ has to jump over is the TD permission and I am confident we will get that.I don't see any further problems. Anyway I can't tell the future but I have a pretty good idea.
Hence I went all in. I even sold some shares that were making me profit.
Even now I feel AAZ is just too cheap. Anyway everyone to their own. Let's see what the future holds for us all LTH's. I have put my bet in.
ATB and GLA.
Posted at 18/4/2024 09:26 by wanobi
As for longer term investing in AIM stocks,,, after a number of years at this I have concluded that it's not a place I want to be,,, yes, for a short to medium term trade,,, but generally speaking, trying to find that needle in a haystack penny stock that goes on to do great things over 10 years or so has proven too difficult for me...

I am currently down to holding just 2 AIM stocks,,, AAZ & MAC....

MAC will be culled at some point, leaving just AAZ which I'm viewing as a Ltd private company,,, but, listed on a public market.... so we'll see how AAZ develops over the coming years and I'm prepared to hold it long term, collect dividends etc etc..

as for other, so called AIM opportunities, I have had the FOMO well and truly kicked out of me,, I no longer see posts and think,, humm, they're on to something there, let's take a look, a position,,, I now, generally think,,, is there a short term punt there, not is there a LT investment... and mostly I simply let it go.....

fingers crossed AAZ comes good :-)

Cheers
Wan :-)
Posted at 15/4/2024 08:50 by pogue
Wan
you will know re wall raise the day before the news is released at AAZ as the share price will rise for no apparent reason this has always happened on important news that is not directly in the company control, and some that was. It’s a corrupt country that is the risk/reward there. On that basis tomorrow is not going to be the day for good news the day after however who knows watch the share price The danger of investing in more dishonest countries than dishonest Western ones….
Posted at 13/4/2024 11:17 by 2cmb
Good morning all.
Wan' all the worries about the TD could end up being just a storm in a tea cup.
The delay has proably been because of the various paperworks required by the Azari's. Then there was the holiday period in Azerbaijan. The burocrats taking their time etc etc.I am quite optimistic about the TD outcome being positive. :-)
Azerbaijan would be shooting themselves in the foot by causing problems for AAZ. Yes'for sure the local economy would be suffering too. AAZ provides employment for quite a number of local people. AAZ shares the profits with the Azari Government.
AAZ has already been given permission to start mining again. I have no fear about Azerbaijan taking over the mine.
I will be a buyer of AAZ shares after the TD news. Maybe the shareprice will fall at the first news as Matt has clarified that situation. I have funds ready to top up re the availability of shares to buy. It could be like looking for hens teeth !!
I am sure the mining has continued in the meantime. I am also sure they are ready to proceed with full production eagerly AIMHO ofcourse.
Enjoy the weekend and let's hope we get good news soon.
I have full faith in our BoD. I bet they have been busy knocking at all the relevant doors.
ATB.
Posted at 12/4/2024 18:03 by 2cmb
Wan' as I have said to you that I am in a similar boat as you regarding my portfolio with my investments in AAZ and have tried my best to look at the situation through all angles.
I still don't think the Azari's are after our mine. They would not have given permission for AAZ to start mining again if they were after the mine.
It is just how politicians can do things to suit both the locals and AAZ at the same time,hence my post above.
It would delay the mining process by quite a bit IMHO. I am just thinking what the solution would be that suits AAZ and the locals.
ATB.
Anglo Asian Mining share price data is direct from the London Stock Exchange

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