Anglo Asian Mining Share Discussion Threads

[terropol] 19/10/2017 11:49

Looks I am the only one so far today who got a few more....

[jbravo2] 19/10/2017 11:42

Page 17 is nicer.
Not quite seen that version before have we?
Seems to have a little more detail on it.
I wonder if we'll hear any news about one of the other belts sometime soon?
:)

@terropol. Yes the MM's must be quite content to let time bore a few more out.

[mattjos] 19/10/2017 11:32

Page 14 of presentation is terrific!

Page 24 a start reminder to all parties just how AAZ's existence and future prosperity is so beneficial to the state and people of Azerbaijan

[terropol] 19/10/2017 11:14

Few sellers this morning giving us change to add.

[mattjos] 19/10/2017 11:00

(you can see the mkt response to SYM today to see how the likelihood of future dividends is treated.)

We should be in a position next year to give a maiden dividend. Repayment of Reza's loan will be required first though

[jbravo2] 19/10/2017 10:41

Big history... BIGGER future.

[mattjos] 19/10/2017 10:41

19 October 2017



Anglo Asian Mining plc

British Ambassador to Azerbaijan visits Gedabek

New Presentation on Company web-site



Anglo Asian Mining plc ("Anglo Asian" or "the Company"), the AIM listed gold, copper and silver producer focused in Azerbaijan, is pleased to announce the recent visit by representatives of the British Embassy in Azerbaijan to its Gedabek gold, copper and silver mine. A presentation was made to the British Ambassador, Dr Carole Crofts and the Head of the Department for International Trade, Mr Steven Smith. The presentation can be found on the Company's website at the following link



Anglo Asian Mining is the largest mining investor in Azerbaijan, the second largest British investor in Azerbaijan (after British Petroleum) and the only London stock exchange listed business which operates exclusively in Azerbaijan. During the visit, ongoing and future business relations between British companies and Azerbaijan International Mining Company (AIMC), the wholly owned subsidiary of Anglo Asian Mining, which operates the mining and processing facilities in Azerbaijan were discussed.



Following the presentation to the representatives of the British Embassy in Azerbaijan which included presenting the many corporate social responsibility (CSR) projects in the local community and contribution of the Company to the Azerbaijan economy, the delegation was given a tour of the Gedabek contract area mines and processing facilities. This included a visit to the Company's newly opened Ugur Mine which has already had a positive impact on Anglo Asian's gold production since mining commenced in September 2017.

Anglo Asian CEO Reza Vaziri commented: "It was a great pleasure to host the British Ambassador and her colleagues at the Gedabek mine site. We look forward to continuing our excellent relationship with the British Embassy with a view to further contributing to the ongoing mutual benefit of the association between Britain and Azerbaijan."

[puntogt] 19/10/2017 10:40

Anyone know what the purpose of the visit was ?

[mattjos] 19/10/2017 10:40

smart move Reza

[celeritas] 19/10/2017 10:32

BRITISH EMBASSY VISIT TO GEDABEK
18 OCTOBER 2017

[s0lis] 19/10/2017 10:31

try again

RNS
[...]

[s0lis] 19/10/2017 10:28

RNS

[...]

[mattjos] 19/10/2017 10:09

Petrus & jbravo are quite correct & likely also explain why exploration more focussed within the Gedabek licence area.Spanish news likely to help reinforce the low in gold today .. that could get very nasty in Spain next week.

[jbravo2] 19/10/2017 09:48

Possible. Not probable at the moment. Possible.
Refinancing news would be key to the chances of this. What would be the schedule for any new deal?

[celeritas] 19/10/2017 09:47

A main mkt listing would also be good to open them up to non aim investors.
In fact I would go so far as saying that last report from Ugur was well above whats needed for a main mkt listing. It was more like something you would see from the ftse 100 miners.

[celeritas] 19/10/2017 09:42

I don't see a reason why aam cant pay a dividend, it would make them stand well out from out and out explorers who are probably at least 5 years away from ever paying one.

[jaspoland] 19/10/2017 09:37

Jbravo2, What are the chances of a token 1p dividend being declared at year end in your view?

[jbravo2] 19/10/2017 09:15

Agree petrus.
Also I've long posted that having a small reserve allows for much faster depreciation of the plant etc which is done on a mined oz/reserve oz basis.

@celeritas.
Everything changes once dividend is declared. At the moment we're in between ground.

[celeritas] 19/10/2017 09:15

petrus, it does seem explorers are rewarded more than reliable producers.

[2prsimo] 19/10/2017 09:00

Chart looks primed for the next leg up - and it could be a biggie to complete the bowl and blast through

[sportbilly1976] 19/10/2017 08:53

Gap definitively closed now :)

[petrusgazin] 19/10/2017 06:55

May be worth thinking a bit about the miners from Australia and Canada who need to raise lots of cash and can only do so by highlighting the millions of ounces that they might have, AAZ have to be carefull if they announced they might have found 5 million ounces somewhere they may quickly find that it is awarded to somebody else ! The experience they have had before means it is much better to just find the gold they need for the next few years production rather than have a claim of a massive find to make a target of the find ... They have lots of gold in the claims they hold, proving up too much may not be the best long term plan ...

[goodgrief] 19/10/2017 04:14

Hope so Mattjos... got to pay for my trip to Beijing somehow. Don't fancy washing dishes!