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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 65.50 | 63.00 | 68.00 | 65.50 | 65.50 | 65.50 | 746 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Miscellaneous Metal Ores,nec | 84.72M | 3.66M | 0.0320 | 20.47 | 74.83M |
Date | Subject | Author | Discuss |
---|---|---|---|
11/5/2017 21:37 | Bill seemed confident that it could be reduced. They will certainly have a big saving from using stockpiled ore. | jbe81 | |
11/5/2017 21:23 | Any follower of EW who sees this chart is now going to be buying this up to 35p in the coming weeks ... whatever the story | mattjos | |
11/5/2017 20:32 | Don't think so. An impact of counting GEO's rather than Gold ounces is that the credits from silver and Copper can no longer be counted, as they will be used to increase the number of Gold Equivalent ounces instead of as a credit against the real gold ounces. | unionhall | |
11/5/2017 20:27 | Another important point, AISC of $703 will be lower this year. | jbe81 | |
11/5/2017 16:09 | damn it .. you've got to be quick at present to try and get any of the sellers stock! | mattjos | |
11/5/2017 16:02 | Valued at less than the cost of the agitation plant(about £14m less) never mind the rest of whats in place. I'm amazed people sell at this price, why would you unless you thought is was overpriced. | celeritas | |
11/5/2017 10:22 | Think you must be posting on wrong thread jbe or, reading wrong newsflow for this company | mattjos | |
11/5/2017 10:08 | Matt, aaz is an exploration company worth 8p a share, why would he buy back in?! Think there are few that have taken profits that will be buying back in | jbe81 | |
11/5/2017 10:08 | Well I attended the Proactive meeting on Tuesday as I needed confirmation on the soundness of the developing strategy.Bill has the natural caution and style of an FD however my inference was that the upcoming JORC was going to be very positive based on points already made by Mattjos and JBE and so I've added to my holding by 20% or so at these levels which may have helped the firming of the share price.I think this is a good price at which to add but time will tell and the JORC will be pivotal. | friendzarin | |
11/5/2017 08:46 | Along with "meat on the bones of the strategy" [Mattjos] some meat on the bones of the share price. Indeed, all of the decline since the new strategy was announced has now been reversed [18-19.5p spread quoted]; this in context of a POG drop of ~$40/oz over the duration. Although I'm a bit peeved my limit buy for 15.5p wasn't realised, it's good to know there's still enough real confidence amongst investors that what management are telling them is genuine and not an improbable, best case scenario or something worse. Hopefully they're seeing the value of effective communication with us and more will follow through 2017 and beyond. For myself, I'd like to know how management assess the prospects for larger scale copper production; if only as an alternative way forward should there be either a big, enduring fall in the POG or a dearth of good grade ores. Given the very long history of large scale copper production here, I'll be surprised if modern technology can't expose further large ore bodies. | 2sporrans | |
11/5/2017 08:42 | Are you back in yet zhockey? | mattjos | |
10/5/2017 20:11 | I do believe the new reporting of GEO will help ... providing they continue to reference it in GEO terms against 2016 production, it should be clear for all to see and help remove the obsession with gold ounces in any one reporting period.There is no point in denying that Gedabek was historically a Copper mine ... most local folk & reference material will suggest the whole mountain is a pile of Copper.Yes, there is Gold & Silver there too but, from now onwards I think folk should look at this much more in the round ... if GEO reporting helps people understand the underlying financial metrics & the opportunity here then so much the better. | mattjos | |
10/5/2017 20:00 | Thanks, good steady progress being made and more to come. I agree, well worth holding/accumulating at the current level IMHO. | andrewsr | |
10/5/2017 18:12 | look at the photo of Ugur .. how many tonnes there @ 1.5 - 2g/t & 80% recovery rate? The 'unknown', currently, is how deep does the Oxide layer extend before it coverts to Sulphide & is it a massive sulphide lens? They are down to 100m drill depth so far (average) but report oxide only ore. Given its proximity to Gedabek main pit, it would seem a reasonable assumption to make that there is a Sulphide layer at some point. If proven contiguous with the existing Gedabek Sulphide layer then, begs the question, Just how big is the greater Gedabek resource & how much Copper & Silver do they have? If the company is able to reliably run at 70-80,000 GEO per year, with some spectacular years above that according to availability of Oxide ores, that is a very attractive proposition for a producer currently valued at £20m. It's so cheap (on cashflow and tangible asset terms) that I think folk just assume there is something wrong & shy away. People think it's going bust all the time when it very clearly is not. If it was consistently valued at £50m-£60 Anyway, back to your point .. if the oxide ore at Ugur gives us say 5-8 years at 25koz per year to add in to the pot then, that's not a bad result if we 'only' then have the following deeper sulphide layer to start on :-). In that timeframe they will have bought on Bittibulag and identified & proven others too | mattjos | |
10/5/2017 17:23 | Matt, the grades reported recently at Ugur seemed quite low, so the resource there wouldn't be that high, or is there reason to expect a large resource (> 0.5m oz)? | andrewsr | |
10/5/2017 13:52 | Agreed jbe. That was the non-written/verbal takeaway highlight for me also from the presentation & good to see plant at work on it & stripping having started ie. they are well underway. AAZ have usually over-delivered in terms of delivering this sort of development on-site | mattjos | |
10/5/2017 11:00 | From the presentation the key point to note is the size of the ugur deposit. Photo page 11. The q3 resource upgrade will be a game changer for the sp, and would expect some buying in anticipation | jbe81 | |
09/5/2017 22:21 | Anything possible jeansey but, I would be surprised if we see gold fall below 1210-15 | mattjos | |
09/5/2017 21:42 | With the 1mt of stacked ore .. circa 15-18 months of stock for the plant to chew + the ongoing heap leach fluids, they look comfortable through to Q4 this year & maintain if not reduce debt from current levels. Bill suggests they can maintain the reduction profile but, let's be conservative and say they keep it flat until Q1 18.In the interim, there is a helluva lot going on to give us some newsflow & that photo of Ugur is very far from just a shot of a few mineral outcrops that most explorers offer up. They are well on with the job.The whole Chovdar thing remains a distinct possibility & we must keep watch the Azeri press for developments & I am sure it will crop up at the AGM this year.Share price might remain a little rangebound until Q3 & the JORC release but, I don't see much by way of reason for a fall from here either. | mattjos | |
09/5/2017 18:57 | Lets hope we have some good news from the presentation, as POG moving downwards. Not far until 1200 is breached sadly !! | jeanesy | |
09/5/2017 18:13 | presentation video | ferries5 | |
09/5/2017 11:08 | & that osmosis plant is much bigger than I had imagined | mattjos | |
09/5/2017 11:05 | good picture of Ugur on the presentation and clearly work well underway | mattjos |
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