Anglo Asian Mining Share Discussion Threads

[wrighty46] 19/9/2018 07:44

Happy days. Well done to all holders. A buyout at 10x this share price must be on the cards in the next couple of years.

[jbravo2] 19/9/2018 07:42

@rota

That's 75p then

[brasso3] 19/9/2018 07:40

I think we could test 80p now this week.

[sh0wmethemoney] 19/9/2018 07:39

All good news I see!!! What's people's thoughts on the closing price today?

[catsick] 19/9/2018 07:32

The divs are going to be split twice a year at 25pct of cashflow net of capex , so we should be getting 3c twice a year , and they have some headroom from these results so divs per year will be more than 100pct yield on some of my purchases....

[return_of_the_apeman] 19/9/2018 07:31

Big shout out to the management here, they really have and are delivering for us

Remember the old saying that nothing yeilds 8%. Take next years free cash projection divide it by 4 (25%) and times that by 12 (8%) and you will have a base share price :-) And it will get to that price

Nothing yeilds over 8% for long

[sharekitchen1974] 19/9/2018 07:25

Amazing, this should be the spring board we've all been waiting for

[return_of_the_apeman] 19/9/2018 07:22

Divi is 2.28p at todays exchange rate

That's 4.2% just as an interim divi on the current share price and just have to wait until 12th October to get it

Which is incidently the time of the q3 update when we shall see the great uplift in production of the 2nd crusher

[jeanesy] 19/9/2018 07:22

Wow !! 3cents = 2.27 p per share at current rates. Was not expecting that !!:)

[gutterhead] 19/9/2018 07:22

Well done to the board at AAZ. A fantastic week where they have pulled out all the stops to kick start the company valuation. A great set of results and a clear and rewarding div policy. Tremendous.
Will be interesting to see if we start to get institutional investment-I doubt it will be fast but I’m prepared to be surprised, again.

[jaspoland] 19/9/2018 07:22

Someone pinch me please. Well done AAZ

[totana] 19/9/2018 07:22

My favourite bit is the "25% of free cash flow will be distributed to shareholders each year."

[mattjos] 19/9/2018 07:19

SPAngel will have to issue another higher price target today

[brasso3] 19/9/2018 07:17

I will be retiring off this one in a few years...

[mr roper] 19/9/2018 07:17

Get the Kylie on the rocket pic out!

[bleepy] 19/9/2018 07:16

Time to light the rocket whooooosh

[drkhalidm] 19/9/2018 07:15

2p divi, great news

[jbravo2] 19/9/2018 07:14

A simply amazing set of results and dividend

[ilostthelot] 19/9/2018 07:14

See you at £2 LADS I'm back to lurking again. Very happy with that.

[broken_arrow1] 19/9/2018 07:13

That is an amazing dividend announcement, I had expected a higher than the consensus 1p but 2.3p (3c) is truly beyond wildest dreams, furthermore it is wholly sustainable.

Where are the shares going? Over £1 in my opinion.

[supercity] 19/9/2018 07:12

The board will target a distribution to shareholders each year comprising approximately 25 per cent. of the Group's free cash flow. Free cash flow for six months was $16m, that makes for a very chunky dividend going forward should they continue to perform as they have done - wow.

[2sporrans] 19/9/2018 07:12

"Cash generated from operations of $24.6 million"

crikey!!

$534/oz AISC !!

Jeez...

We won't be seeing under 50p again. [understatement]

[mr roper] 19/9/2018 07:11

Lol, mf. tomorrow they’ll announce a takeover for 400p at this rate

[mad foetus] 19/9/2018 07:10

Happy days. I like this positive RNS every day groove.