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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
|
|
|---|---|---|---|---|
| 2.00 | 1.90% | 107.00 | 16:35:22 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 103.50 | 103.50 | 103.50 | 107.00 | 105.00 |
| Industry Sector |
|---|
| MINING |
| Top Posts |
|---|
Posted at 26/11/2024 19:31 by hazl Again I think some sectors are very difficult to be in, for the companies themselves, not just the shareholders.I have more sympathy for the companies themselves, as time has gone by. I think it's shocking that when a company is at the start of it's journey and obviously requires funds, it can not only be bet against, but can have posters repeatedly belittle it, when it is prerevenue! Doesn't happen so much in the US. Look at Amazon for that when it first started whilst not prerevenue, they had debt. Again, if you are dealing with the shipping industry, which of course QED do,it is a long drawn out process. MSC have been in the background for some time. They first procured a ship...The Leandra.. especially to try out QED's fuel. I have followed the ship's journey from port to port and it has taken a very long time. Many investors give up, get bored, sell out. Do you know it can take 24 hours for some ships to just turn round? This announcement today,was very much welcomed by me and is a pivotal moment. Some people seem to think I am trying to pull investors in, when I talk like this, but I'm not. I am just trying to explain my interest and my appreciation of their journey. To think they have got the biggest carrier in the world trying their product is an accolade is it not, as a penny share? I have never encouraged people to buy or tried to push up a share, I just research and post up what I have gleaned and if people want to read it, they can. It doesn't make or save a company's share price it just makes me more informed. If news changes for the worse then I might sell up or move on. Life is just a journey. Perhaps Wan, people get me wrong,too? |
Posted at 26/11/2024 13:31 by pogue Regards the drop at HVO many investors have received the same email, below, today in reply to queries if the company knows of any reason for the drop. Short answer is no.Thanks for your email. The company is of course aware of the recent share price weakness but is concentrated on factors within its control. hVIVO reiterated its guidance in September for £62 million in revenue with full year EBITDA margins anticipated to be at the upper end of market expectations for 2024, and there has been no change to this. If there are any material changes to expectations, the company would be required to issue an RNS to update the market. It is not in the company’s interest to make a habit of commenting on movements in share price or the decision-making of individual investors, for which there is a large number of contributing influences. It is in the nature of hVIVO’s business model for there to be gaps between contract announcements. Decisions on whether clients proceed with a challenge trial are complex and affected by a number of different factors outside of hVIVO’s control. The Company did announce in its interim results that it had a pipeline of live short to medium term opportunities of c. £40million. The company remains confident in the long-term growth of the business and human challenge trial market, and its medium term growth target of growing Group revenue to £100 million by 20 |
Posted at 22/11/2024 07:46 by someuwin Haven't looked at Cyan for a while. But I did note that Miton UK MicroCap announced a few bays ago that they are throwing in the towel..."The Board has now engaged with several shareholders. Whilst feedback provided to date voiced support for the Company and its investment manager, it was acknowledged that the Company has been through a challenging period of performance and following this year’s redemption, the Company is now at a size which some investors consider to be too small from a liquidity perspective, particularly given the increasing demand from investors for larger listed funds. The Board also acknowledges that the Company continues to trade at a persistent, material discount to its net asset value, with limited options to grow and achieve greater scale. As a result, the Board has concluded that it is in the best interests of shareholders to put forward proposals for a voluntary winding up of the Company." They are however in discussions about rolling over into one of Premier Miton’s open-ended funds. Maybe they're having to sell down anyway? Cyan is the third largest holding in the portfolio... |
Posted at 31/10/2024 19:06 by 2cmb Well guys' I just watch a lot of vaious charts about various investments that I have no interest in most days here !!This thread being an AAZ thread I thought a weekly chart would be of interest to AAZ investors. So Wanobi thinks it should be Democraticy resolved !!! FFS I can check my charts myself !! I thought it would be useful to other investors. Hubs' I hope all is well with your family currently. I know there were problems with your spouse. If I remember correctly. I wish all problems have been resolved. ATB. |
Posted at 10/10/2024 10:46 by donald pond Bumpa,You have made your position clear on PXC. But its the next step in your thinking that makes no sense. If I shared your view that PXC was worthless, how would I be saving investors by telling them that? It would just become worthless a little bit quicker, perhaps. I don't think it is worthless. I think the open pit is a decent, low-risk starter pit. The bigger asset is likely to be in the sulphides below, as has always been the case. The big questions are, as they have always been, can the company fund the starter pit, and how big is the sulphide deposit. We don't know the answer to the latter question, but we do know that it produced 20,000 tonnes of high grade copper in the past, and the copper sulphides stretch for over 5kms and are open at depth and barely explored. As for the funding, that's all out in the open. My view is that PXC owns a project that is likely to have very significant upside. The question is whether existing shareholders will benefit. That's the challenge. I have never pretended otherwise. My aim is to have better informed investors that can understand the project, the risk and the opportunity is better detail so they can make a more informed decision. |
Posted at 10/10/2024 10:18 by donald pond Bumpa,Look at my posts: I have always been completely honest about PXC. Right now, the facts are unchanged: NIU say they are committed to the project and have to date provided $5m of funding. The thing is, I have had a number of investors ask me to post more often and more positively about PXC. I am certainly working hard behind the scenes on the website, new corporate presentations, speaking to investors etc. I don't see my role as ramping but setting out the facts, explaining parts that people don't understand and acting as a conduit between investors and the board. A small copper project that can produce copper in the US at a cost of $2.44/lb while funding exploration of the much larger deep sulphides below, which were producing copper at an average grade of 3.64% and gold at 1.65g/T back in the 1930s, is an interesting proposition. Operationally, Ryan has done a great job of derisking the project, situating the plant at the edge of the pit and allowing it to handle both oxides and sulphides. However, clearly the project requires funding. I can't add anything to what is in the public sphere on that account. But I have never promised anything that I did not believe to be true, so have no reason to be contrite. |
Posted at 07/10/2024 09:20 by foetus in your brain Most investors, especially big ones, only give credence to information announced through an RNS. The market is starting to wake up but it's the Demirli RNS that will really make new investors sit up. Follow that with confirmation that Gilar is in production and I expect aths to follow |
Posted at 06/10/2024 09:43 by foetus in your brain I think healthcare stocks are uninvestable unless you are an expert in the sector. Nobody knows what universities and unquoted companies in China or the US are up to, and so when a UK listed co like DDDD, AVCT, AGL or GDR claims to have made a big advance, but the share price doesn't react, you have 2 questions to ask. The first is do I understand the science? The second is do I back my judgement versus other investors?At least with a mining co we understand the science. And we know that there are few investors fishing in this pond. Whereas every global health company is always looking for innovation. So thinking you have spotted something on AIM that everyone else has missed is possible, but a very, very long shot. It is more likely - almost certain in fact - that what seems like a huge innovation is a dead end, or can't be commercialised, or a fraud. Of course, if you have a PhD and contacts in the research departments of top unis you would improve your odds.But when you can buy AAZ with what is known, why mess around in a sector where the odds are stacked against you? |
Posted at 14/6/2024 08:36 by pogue Talking about good presentations here is the latest from CTL. Its a 10 min Q&A aimed at the Aussy market where they list soon. Spells out the news flow coming next 6 months. The one thing missing is where the shares are coming from for the IPO on the ASX. These have to be created but the CFO says there are other ways. I cant think of them. The bigger the dilution though the more popular the share as the requirement for listing is below. There is already a large Aussy based bias on the London listing maybe they are flipping their shares who knows. Number of Shareholders Minimum 400 investors @ A$2,000 or, Minimum 350 investors @ A$2,000 and 25% held by unrelated parties or, Minimum 300 investors @ A$2,000 and 50% held by unrelated parties. No advice, post is for entertainment, AIM companies are pure gambles. I hold a few chips in CTL. |
Posted at 09/6/2024 17:36 by wanobi many thanx odsjp,,, here's a cut and paste too :-) Cheers Wan :-)This cheap penny stock could skyrocket in the electric vehicle revolution! Zaven Boyrazian explores a UK penny stock that’s been on a downward trajectory, despite the critical role it could play in the EV industry. Zaven Boyrazian, MSc Published 8 June, 7:21 am BST AAZ You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Penny stocks aren’t for everyone. These tiny enterprises almost always end in complete failure, making them exceptionally risky endeavours. But every once in a while, a diamond in the rough appears, and patient investors can end up very wealthy. That’s why they remain so popular. Looking at the world of micro-cap companies listed on the London Stock Exchange, there are a lot of promising enterprises. Among them, Anglo Asian Mining (LSE:AAZ) is getting attention from opportunistic investors thinking long term. Specifically, this business could be perfectly positioned to ride the tailwinds of the electric vehicle (EV) revolution. As this presents an exciting opportunity, let’s take a closer look at this enterprise and explore why today’s share price might be a bargain. The rising importance of copper As its name suggests, Anglo Asian Mining is an extractor of valuable resources. Its sites are located in Azerbaijan and is one of the sector’s leading companies in the region, specialising in gold, silver and, most excitingly, copper extraction. Copper’s quite a versatile material with a lot of advantageous properties when it comes to electronics. So it’s unsurprising it’s a critical ingredient for manufacturing EVs. On average, an estimated 83kg of copper’s needed for a single EV, about four times the amount needed for a traditional combustion engine vehicle. And with governments aiming to steadily phase out the latter within the next two decades, demand for copper’s expected to skyrocket. So it’s no surprise Anglo Asian management’s investing heavily in developing new copper projects. In fact, across its prospective sites, an estimated 585,373 tonnes of the metal is awaiting extraction, with the bulk concentrated in its Garadag project. To put this in perspective, at current prices, that’s worth roughly £4.6bn – about 80 times the penny stock’s current market capitalisation! Time to invest? Despite this huge opportunity and the fact that copper prices have already risen by double-digits so far this year, shares of Anglo Asian are actually down 40% over the last 12 months. This could signal a buying opportunity. But digging a little deeper reveals a few challenges the firm’s encountering. For staters, production’s hit a snag since some operations were forced to shut down, awaiting regulatory approvals. Subsequently, production in the first quarter of 2024 collapsed from 847 tonnes to just 54. Meanwhile, gold and silver production experienced similar levels of disruptions. This meant a 46% drop in revenue and pre-tax profits tumbling into the red by $32m (£25.1m). Production disruptions are a risk that all mining companies must face. But given its relatively small scope of projects compared to an industry giant like Rio Tinto, delays are especially problematic for Anglo Asian. The good news is that management remains confident its production timelines for its new prospective sites remain undisturbed. Gilar is expected to start producing later this year, with Xarxar coming on-line as early as 2026. Meanwhile, its all-important Garadag project is scheduled to start in 2028. That’s seven years ahead of the UK government’s expected ban on new petrol and diesel car sales. Providing there are no further hiccups, the penny stock seems to be offering a lucrative opportunity for long-term investors. But we’ve already seen the volatility that follows even a short-term hiccup. And investors need to be comfortable with this level of risk before allocating any capital. |
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