We could not find any results for:
Make sure your spelling is correct or try broadening your search.
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 | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-1.50 | -2.34% | 62.50 | 61.00 | 64.00 | 64.00 | 62.00 | 64.00 | 60,636 | 09:22:23 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Miscellaneous Metal Ores,nec | 84.72M | 3.66M | 0.0320 | 19.53 | 71.4M |
Date | Subject | Author | Discuss |
---|---|---|---|
17/12/2016 08:27 | A broker downgrade as well .. oh dear ! The weather is very very cold in the region as well atmo, which in the past has affected production. Some good news comes in the form of the manat continuing to weaken and the POG holding above 1130 is also a plus. I am trying to see the positives here at the moment but the recent news has knocked my confidence in my investment. The low grades being mined atmo is not helping and it would be encouraging to hear some news about whether this is to continue? | jeanesy | |
17/12/2016 06:41 | Do not have the note, But AAZ Downgraded by share price Angel from a buy to a hold and target price reduced from 25p to 22p. | ferries5 | |
17/12/2016 01:45 | Resourceful must be kicking himself selling that 1m at 7p. I remember the pest well on the AAZ BB about 8 months back. lol. I do not believe he was ever invested but lets look what he could have won:- 1,000,000 x 0.07p = £70k The share price peaked at 35p so lets pretend Resourceful is a good trader and got out at the top. 1,000,000 x 0.34p = £340k OUCH! | brasso3 | |
16/12/2016 23:02 | The 6 core holes drilled at depth provided 10 samples with an average grade of 2.854g/t across the 6 holes. I see nothing disappointing in the average grade. As already mentioned the high/higher grades appear to lie at depth, hence the Ph2 core drilling programme being conducted on a grid by grid plan will reveal the full potential. A 3D map of the area will be made for reserve and resource estimating. Ugur has only been partially drilled to date. The company rate Ugur as significant and just 3km from Gedabek. The softer oxide ore being easier to drill,blast and lower cost processing. Samples tested giving 87% recovery. Again, what's not to like about this quite transparent rns. Looking forward to a reserve and resource update. Same goes for Bittibulag and Ordubad. | bleepy | |
16/12/2016 21:40 | I have to say that the grades are very disappointing and surely there is no hiding from that fact. No wonder the shareprice has fallen sharply. The production figures were disappointing enough, and now this. It has been a very bad week for aaz imo. I suspect this may be falling below 20p again in the near future !! | jeanesy | |
16/12/2016 21:00 | No mention of copper grades? | pjmurf | |
16/12/2016 16:33 | Resourceful the guy that sold 1 million shares at 7p because AAZ was going nowhere! | jbe81 | |
16/12/2016 16:24 | In good african oxide projects breakeven is .4g/t The cut off point with Aaz is 0.3g/t, shows off really the expertise and know how to extract gold profitably. Just think of all the African oxide gold not being recovered and going to tailings for lack of expertise and process. Clever Aaz hey. | bleepy | |
16/12/2016 16:21 | Zhockey, have you considered it is significant for something other than its size?? | jbe81 | |
16/12/2016 15:40 | Anglo Asian CEO, Reza Vaziri, said "These encouraging results from the newly discovered Ugur deposit enhance our understanding of the deposit and show that the oxide zone extends deeper than initially determined by previous drilling. Ugur is only three kilometres from our processing facilities at our main Gedabek site, highlighting the clear strategic value of developing this deposit. Work will continue to expand the potential resource of this new discovery. I look forward to updating shareholders on our progress as we work towards further enhancing our already profitable operation at Gedabek through the mining of multiple zones of mineralisation." Anglo Asian Group Director of Geology, Stephen Westhead, said "With core drilling results having determined a significant oxide zone containing gold, it is planned to continue core drilling on a grid in the central area to allow for three-dimensional modelling for resource and reserve estimation of this exciting prospect. In conjunction with this, we will also drill the flanks of the area targeted by surface alteration mapping to expand the gold potential. We look forward to continuing to evaluate this deposit with a view to adding gold reserves in advance of mining as we aim to enhance our entire production profile for the Gedabek Licence." | bleepy | |
16/12/2016 14:25 | I find it odd that they released that RNS when there was really not a great deal in it to report, they could of waited until there was more to report, it wasn't like they were under pressure to release news before xmas. | timberwolf3 | |
16/12/2016 14:12 | unionhall, we are in December 2016 ! | jbe81 | |
16/12/2016 14:09 | The outstanding loans are still significant ... From the interim Balance sheet..... June 2015 50m Dec 2015 49m Jun 2016 44m IF the gold price does not increase post hedging (December?) the payback will be quite slow.... | unionhall | |
16/12/2016 13:54 | from proactive. Anglo Asian Mining Plc’s (LON:AAZ) newly discovered oxide zone, Ugur, within its Gedabek licence area in western Azerbaijan, is deeper than originally thought. Early results from a core drilling programme have indicated the depth of the oxide is 60m with significant expansion potential. Six core drill holes have been completed totalling 1,221 metres and will continue based on a 40-metre grid system to allow for resource and reserve estimation. Stephen Westhead, Anglo Asian’s director of geology, added: "With core drilling results having determined a significant oxide zone containing gold, it is planned to continue core drilling on a grid in the central area to allow for three-dimensional modelling for resource and reserve estimation of this exciting prospect. “In conjunction with this, we will also drill the flanks of the area targeted by surface alteration mapping to expand the gold potential.” Reza Vaziri, chief executive, added Ugur was only three kilometres from its processing facilities at the main Gedabek site, highlighting the clear strategic value of developing this deposit. Shore Capital noted that all of the early shallow drilling had been carried out utilising just one drill bit, which suggests the oxide material at Ugur is comparatively soft and not abrasive. "That should mean minimal blasting and high comminution productivity. Preliminary bottle roll test work results yielded an average gold recovery of 87% with “low” cyanide consumption." Shares dropped 11% to 20.38p. --update for broker comment and share price -- | ferries5 | |
16/12/2016 13:46 | I wish they would include a map of Ugur on their presentations/websit I find it hard to be definite from the wording in the RNS. | unionhall | |
16/12/2016 13:28 | Well I have been holding for 8 years and I'm disappointed. Ugur was hailed as significant and based on today's news my view is that it is not. More drilling may change that view but why put out a release based on only 6 out of 30 drills being a successful. The market has a different view of significant, as do I. | zhockey | |
16/12/2016 13:17 | People seem to ignore the fact AAZ have hedged part of their production, see what happens to the POG when Trump starts printing money next year | jbe81 | |
16/12/2016 13:15 | Zhockey, agreed much better to focus on whats happening here and now that what might happen with AZERGOLD, it's fill your boots time. The best thing about today's RNS is it is less than 2 months after the last drilling news, AAZ are exploring and have a QP on board enabling RNS to be released. I wasn't expecting fireworks from these drilling results (but they did find some gold and helps in mapping the ore body), BUT I do expect them from some drilling results next year. Stephen is very excited about the amount of gold at Gedabek. A few new posters been talking rubbish here recently in an obvious attempt to drive the price down. | jbe81 | |
16/12/2016 13:08 | What's not to like? Mineralised zone is 250 by 130 by 60. Plug in those grades and calculate the volume and what do you get? | zhockey | |
16/12/2016 12:27 | -- Phase II drilling programme commenced in October 2016 to expand the potential resource at the Gedabek Licence - provides significant potential upside to the Company's future gold production -- Core drilling commenced with six drill holes completed totalling 1,221 metres -- Initial Phase II core drilling programme has now confirmed an oxide zone to depth of about 60 metres | bleepy | |
16/12/2016 12:09 | The 29 RC drill holes, completed since the last release and not reported above, had results to a depth of 34 metres. Holes 1-6 show high/higher grades when drilled to deeper levels than the RC drilling (34mtr depth)to date. It follows that the higher grades are being found at depth ( deeper than the 34 mtr RC drilling). It is planned to test this area by core drilling to deeper levels to ascertain its mineralisation. The ongoing 3D mapping at core drill depth will provide fuller detailed findings. They have said that the oxide ore is soft making for easy/faster drilling and very amenable to blasting at depth. With a bonus of 87% recovery rate. What's not to like about that update the full potential unfolding as core drilling to deeper levels progress. | bleepy | |
16/12/2016 12:00 | Why all this nonsense about an Azergold bid??? This is completely baseless and misleading. | zhockey | |
16/12/2016 11:50 | Its all about the mix zhockey. Makes no sense matt, Azergold will offer 80p+ but I expect the share price will probably slip. | celeritas | |
16/12/2016 11:26 | Matt, The company should have had the foresight to see how this would be taken. Only 6 out of 32 drill holes had mineralisation, that is not good news is it? | zhockey |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions