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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Anglo Asian Mining Plc | AAZ | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 63.50 | 15:29:35 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 60.50 | 57.50 | 64.00 | 63.50 | 63.50 |
| Industry Sector |
|---|
| MINING |
| Announcement Date | Type | Currency | Dividend Amount | Ex Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| 16/05/2023 | Final | GBP | 0.031421 | 29/06/2023 | 30/06/2023 | 27/07/2023 |
| 15/09/2022 | Interim | GBP | 0.035559 | 29/09/2022 | 30/09/2022 | 03/11/2022 |
| 17/05/2022 | Final | GBP | 0.029181 | 30/06/2022 | 01/07/2022 | 28/07/2022 |
| 23/09/2021 | Interim | GBP | 0.032937 | 07/10/2021 | 08/10/2021 | 04/11/2021 |
| 20/05/2021 | Final | GBP | 0.025354 | 01/07/2021 | 02/07/2021 | 29/07/2021 |
| 26/01/2021 | Special | GBP | 0.010767 | 11/02/2021 | 12/02/2021 | 11/03/2021 |
| 23/09/2020 | Interim | GBP | 0.034651 | 08/10/2020 | 09/10/2020 | 05/11/2020 |
| 13/05/2020 | Final | GBP | 0.035739 | 02/07/2020 | 03/07/2020 | 30/07/2020 |
| 18/09/2019 | Interim | GBP | 0.028355 | 03/10/2019 | 04/10/2019 | 31/10/2019 |
| Top Posts |
|---|
Posted at 18/4/2024 01:12 by bozzy_s RB agree on the panic / short-termism selling. The seller can't be a regular on these boards, as we know AAZ always bounces back from bad news. There were always going to be buyers on the dip. Overall a fantastic day.Quick one on Bed & ISA requests. I put mine in with ii on 8th April. Not yet executed. Anyone else having the same delay with them? Last few years they've taken 2-3 days. Time's not so important with AAZ not paying dividends. There's no tax to save at the moment! |
Posted at 13/4/2024 18:59 by all in eol AAZ,was flagged up to me by someone as having a fantastic management team which was a cut above the rest. Whilst I agree with that it didn’t stop me making losses on initial investments at around £1.40. Since then I’ve slowly but surely realised that no matter how good the management and the company prospects the market will find a reason to stop you making money if you hold long or at best reduce the potential to make money. Recent times my long is underwater but I have successfully traded AAZ numerous times. How does my experience advocate AIM investing versus trading? Given that AAZ was clearly one of the better companies? That said I fully expect a bright future but with banana skins…… |
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. |
Posted at 03/4/2024 09:25 by 2sporrans ptYou say: "...why didn't you sell in the period May 21 until now, when it became apparent they weren't going to reverse the production fall." Here's the thing. This predictable production fall trope is at best simplistic. Sure, of course AAZ needed to find either new extensions to the Gedabek main open pit or new mine[s], preferably close to the existing plant. Otherwise, production from the mature open pit was inevitably going to fall with grades decline as the pit had its final remodelling in 2018 and would head gradually to exhaustion from then. Prior to May 21, they had modest success with the Gadir extension; at least they did develop underground mining credentials there. Ugur was a little gem....while it lasted. This was a period of highly profitable production; one of efficient, steady state production, not of expansion. AAZ took overly long to discover a good successor to Ugur. Gedabek underground extension failed to meet expectations; at best a further Gadir [which it merged into]. Avshancli was much trumpeted but turned out a dud. Eventually, a significant new mine - Zafer - bang next to plant was discovered. Basically a copper-zinc resource with a bit of gold. Good enough to arrest the production decline - once it got going - but no more than that. Hence, by Autumn of 2022, a nadir was reached. Several qtrs of successive production decline and only a modest revival on the cards. The share price sank to 60p - November 2022 from memory. That marked a bottom. sp doubled over next several months. Why? Gilar; that is why. Basically, it became clear - to those paying attention - that gilar was going to be a game changer: 1. providing sufficient high grade gold/copper/zinc to get production and margins boosted to new net cashflow highs, from modestly enhanced plant. 2. this would provide a bridge to future expansion at Xarxar, Garadagh; plus there is the Demirli mine plant, potentially a game changer in itself. Hence in JUNE 2023 AAZ released their new, long term production growth strategy presentation: So, contrary to what you say, in June 2023, the prospect was one of production and profits growth, not of decline. What went wrong? The TD fiasco of course. And moreso the Aliyev invective of 11July23; this exposed a level of investment risk that many - myself included - had hitherto not seen. did you [or anyone] predict these? I think not. You also say: "I seriously don't understand why anyone considers this a good investment until the news on the TD comes out, and they can produce again or not." Well, i think this is a fair and sensible take. For sake of keeping this post tolerably short, i'll leave off here. |
Posted at 03/4/2024 07:32 by 2cmb Good morning all.Wan'have patience. As Warren Buffet says when others are fearful etc etc. If AAZ shareprice falls further after the results, I plan to go all in. The mining may get delayed but in the end AAZ will have the TD permission AIMHO ofcourse. Add the value of Demirli mine and what share price AAZ in a couple of years then ? This kind of opportunity doess not come every day. JB' thank you for input and fully agreed. NAI. ATB and GLA. |
Posted at 02/4/2024 19:11 by 2cmb Wan' I don't think the Azari's are trying to get AAZ for free IMHO.The burocrats are probably unaware of the problems they are causing AAZ by dragging their feet re the TD permission . They are worried about their jobs !! I am sure our BoD are chasing the Government departments concerned but who knows what is happening in the background to please the locals. The President accused AAZ of poisoning the locals at the start of all this!! He should now come clean and grant the permission. Will he do that ? I personally will wait and see what happen in the near future. What will be, will be. Not much will get accomplished by me getting worried at the moment. ATB. |
Posted at 02/4/2024 18:13 by wanobi last word (from me) in regard to AAZ (for today),,,, with copper, gold & silver on the up and many seeing them ticking higher in due course,, I would think,, AAZ's share price will rise fast (with low buying volume) on positive TD news,,,,, as any permission granted by AZERGOV will remove my biggest fear and indicate that AZER Pres is onside with AAZ management :-) :-) :-) upon which (or maybe sooner if the share price capitulates) I shall be looking to spend next years ISA money on AAZ,,, hopefully, along with many others :-) :-) GLA Cheers Wan :-) |
Posted at 20/3/2024 12:59 by 2sporrans Thanks for your considered reply jbIt is very noteworthy that Azergold are having to undergo a much more stringent and lengthy process to achieve approvals, not least in eliciting sufficient public 'buy-in'. This seems to be a pretty ubiquitous development over most of the world; Governments are raising the 'ESG' bar. Even autocracies will consider the future impact [risk] upon their exports should they not follow suite...... Azerbaijan is, many would argue, pretty much an autocracy; so a case in point. It could well pan out that this development may exacerbate what may already be a fomenting global supply deficit, notably in copper, maybe zinc too [from an AAZ perspective]. Then, it may follow that, as Xarxar then Garadagh hit their approvals process and [hopefully] get producing the former will be fast tracked and the latter bask in the ambience of record high prices and fat margins. Well, it's a plausible, if optimistic, scenario. You are surely right about Azergov's overriding concern to keep a lid upon public unrest. That came across to me, loud and clear, in Aliyev's invective of 11th July; not least in his staunch support for the police and denigration of 'stonethrowers'. Who else did he bestow such approval upon? Guess he did hold up Azergold as a [deemed] paragon of good practice. Huh! On top of the hurt the AAZ production impasse is inflicting upon local employees, businesses and indeed the local populace in general, the loss to Azergov of $10's millions in forfeit metal sales tax revenues is an acceptable price to pay for ongoing stability; at least it looks this way. "wait for the howls from those interested entities once we get access to Demirli." Indeed. Very well done in encouraging AAZ to take pre-emptive measures. For years now, i've harboured a concern that having the Demirli cake might not result in AAZ eating it; at least not all of it and much banging of cutlery upon the table by investors awaiting their slices. I guess - though very non-PC to say it - that the exodus of the Armenian populace from Karabakh and the implicit formation of a new, Azeri workforce, has at least greatly smoothed the path towards operating with a tolerably happy and cooperative local employees, suppliers and folk generally. I'm confident that Aliyev/Azergov will accommodate AAZ within a win-win construct, should he/they continue to see their interests as well aligned. |
Posted at 20/3/2024 09:19 by 2sporrans jbThanks for posting on the dam raise application input by AAZ; this provides a lot of insight as to why the go-ahead to construct is taking a few/several months longer to achieve than anticipated by AAZ following their exoneration last autumn. Each of these months is costing $millions in lost earnings; a very substantial loss is accruing. I'm impressed by the trawl of information you are able to garner; none of it available on the 'public domain' that i am aware of. You've provided such over many years that has, eventually, been corroborated by company news releases. Guessing you have close contact with [senior?] company 'management' ? Whatever, thanks. Why doesn't AAZ release an RNS to inform investors, much as you have? The advent of a Sustainability Committee doesn't cut it. |
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