Anglo Asian Mining Share Discussion Threads

[jbe81] 20/10/2016 18:50

How many posters here are planning on going?

[goodgrief] 20/10/2016 15:14

To register to attend please click on the panel to the right or reply to this email

Anglo Asian Mining (LON:AAZ - Market Cap £21 Million)

Anglo Asian Mining is a gold, copper and silver producer in Central Asia with a broad portfolio of production and exploration assets in Azerbaijan. The company is on track to produce between 73,000 - 77,000 ounces of gold in the current year as well as between 1,700 - 2,100 tonnes of copper.

The company's most recent set of results also revealed that the company swung back into profitability over the first six months of 2016 as the impact of lower mining and processing costs fed through to results.

The shares have been on a fantastic run over the course of the course of 2016 and Chief Finance Officer Bill Morgan will be in attendance to outline what investors can expect going forwards.

[mattjos] 20/10/2016 14:35

relatively poor unemployment figure in usa hardly cause for rushing to raise rates in November.
Fed will likely stay pat and see what the election brings.
Should help maintain gold's recovery towards $1,300

[mattjos] 20/10/2016 14:06

good to see mgmnt continuing to show at these sort of events now. There is so clearly a good story to talk about now. Bill has been getting better and better at these sort of presentations so, I assume he will once again be there. If they have more news between now and 3rd November with regards licences, exploration, drilling etc then perhaps this is the event where Reza will actually take the lead and/or Stephen Westhead.
Given how Bill has emphasised how tight they are being with costs and cash, I don't believe they will have signed off on the travel expense for this unless they are confident they have a persuasive story to tell at the event. Could be very interesting

[goodgrief] 20/10/2016 13:33

AAZ presenting... darn it, can't make it!

You are warmly invited to attend Proactive Investors' One2One mining forum which is taking place on Thursday 3rd November from 6pm. Presenting on the evening will be Anglo Asian Mining (LON:AAZ), Chaarat Gold (LON:CGH), Landore Resources (LON:LDN), Stratex International (LON:STI) & W Resources (LON:WRES)

Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, W1J 5EB

[ferries5] 20/10/2016 06:54

Jeansey

The 3198 troy oz is the amount of gold the flotation plant and sart has produced since the 1st of January. Abc az only report the gold produced from heap-and agitation leaching.

1st 6 months was approx. 2528 troy oz
3rd quarter """ "" 1127 " "

Which should read 3655 not 3198 From flotation and Sart

Actually not to sure what of the two above figures are correct.
using abc/az . flotation production is 3198 , using aaz accounts its 3655

[saturdaygirl] 19/10/2016 22:25

It made BBC news with pictures on Monday

[mattjos] 19/10/2016 22:07

Russia sends out its largest naval flotilla since the cold war & doesn't even make the main news.
There seems to be so much complacency about

[jeanesy] 19/10/2016 21:19

Not sure what figures you are referring to with 3198 ferries? The september production was just over 5000 troy oz of dore.

[jeanesy] 19/10/2016 21:00

The shareprice drifts down some more. Hopefully will be even cheaper next week so i can buy some more at these silly prices!

[scottishfield] 19/10/2016 20:55

Interesting, thank you.

[mattjos] 19/10/2016 20:51

Shares in issue (none in Treasury): 112,661,024Total of Notifiable interests and Director Holdings: 49,478,209That leaves 63,182,815 in circulationAt least 10% of that figure is tied up between just a small few PI's that do post on this thread & I very much doubt they have any interest in selling at this stupid price.Like others, I am still buying ... although in smaller chunks now since the total of my shares stand me in still under a 9p average. Perhaps those that have arrived later are endeavouring to build a larger holding by trading part of their holding.A semi-informed guess ... I'd suggest there is a fair bit less than just 50m in free-float. Will be noticeable if an institution decides to try and take a holding, now we are well above £10m mkt cap.

[scottishfield] 19/10/2016 20:32

Mattjos, what % of the shares are not 'locked up' do you know?

[terropol] 19/10/2016 20:27

Just buy what you can afford and forget the market...This will come right...and the market will follow...the smart investors will be all in by then....
looking forward to the grid connection sometime next month!

[mattjos] 19/10/2016 19:03

MM's will skin the buyers on the next +ve exploration/drilling update. They'll be working hard now to try and liberate what they can from the market ahead of that.I'm sure they already know enough to announce something about Bittibulag.Were it me, I'd be looking to use this quiet period for scheduled news as a time to release a string of several unscheduled news items on exploration - any one of which could prove the catalyst for seeing the share price break this 20p ceiling.Not sure how many more clues from the company folk need to read before they understand what's coming.Too risky to try and outsmart the market right now, imo.

[jbe81] 19/10/2016 16:34

Will rise again soon enough, well done to anybody who got some today

[jbe81] 19/10/2016 16:34

maybe mms just accommodating a buyer 175k wanted at 18.5 in the auction and 105k already bought

[catsick] 19/10/2016 15:01

This move lower is nuts, great news and then a sell off hmmmmm, I guess its going to have to take a lot more firming up of the extent of all these finds they have ...

[mattjos] 19/10/2016 13:15

gold looking much perkier now it has bounced off that Fib level. $1,297 the next level of resistance to make towards


free stock charts from uk.advfn.com

[ferries5] 19/10/2016 11:45

Fall of precious metals production in Azerbaijan fastens



+ add on 9 month flotation, gold production of 3198 troy oz

[mattjos] 19/10/2016 11:31

few more for me also today

[scottishfield] 19/10/2016 11:16

AAZ going the wrong way today; PM's prices on the rise & look fairly solid; I'm adding here.

[jbe81] 19/10/2016 11:14

MMs keen to drop this on very little selling hopefully will raise it with just as little buying

[jbe81] 19/10/2016 11:14

Gold having a nice run this morning