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 | |
---|---|---|---|---|---|---|---|---|---|---|
-4.00 | -5.03% | 75.50 | 73.00 | 78.00 | 79.50 | 75.00 | 79.50 | 92,691 | 14:27:59 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Miscellaneous Metal Ores,nec | 45.86M | -24.24M | -0.2122 | -3.56 | 86.25M |
Date | Subject | Author | Discuss |
---|---|---|---|
06/8/2020 11:10 | going to take a long time to read that report but, first blush = absolutely amazing, afaiac. Everything is really starting to come together now & you can begin to visualise how the various new finds will feed into the processing plant. This is really starting to take shape now into something altogether much bigger than current | mattjos | |
06/8/2020 11:09 | absolutely nothing available online again | mattjos | |
06/8/2020 11:01 | actually, the warts and all very thorough report is i think a very positive thing. ok maybe it need interpreting to explain what it all means, where we go from here, but in my opinion it all points to accelerated growth, and yes one open pit is approaching its end of life but several others are being fast tracked. the question is suppose is how many and how fast other mines can be brought into production to ensure production numbers dont drop but in fact continue to grow. i have confidence from this report that in the long run production will grow rapidly, though we may obviously see the occasional fluctuation as the company gets organised. strong buy in my opinion. | excellance | |
06/8/2020 10:44 | New mineralised area identified between the Gedabek open pit and the Ugur open pit - Zafer o Four core drill holes totalling 2,592 metres were drilled over the Zafer area during H1 2020 o One drill hole intersected 194 meters of continuous sulphide mineralisation showing various intersections of gold and copper mineralisation Fig14 depicting Zafer to the west of Gadir and open pits... is this mineralisation also an extension of a contiguous ore body across Gedabek CA. We know Aaz are conducting ongoing exploration toward proving up a porphyry system said to be of world class importance... | bleepy | |
06/8/2020 10:40 | If true this would be the most significant development for Silver in it's history. Conspiracy theorists have long claimed that JPM have manipulated the Silver price to suit their needs with gigantic paper shorts on the Comex. Now it appears after decades of suppression, they are letting it go free to benefit their own huge physical position. "This time too there is something of a game-changer evident in that the biggest silver short of all, JP Morgan, has according to long term silver analyst, Ted Butler, who knows a thing or two about silver and its markets, reduced its short position to at, or near, zero. JP Morgan also has, again according to Butler, amassed an enormous silver bullion hoard in the meantime and is thus poised to benefit hugely from any runup in the silver price. The megabank has also, Butler reports, reduced its gold shorts to near zero too. The moral - don’t try and bet against the world’s biggest, and most successful banker!" | onedayrodders | |
06/8/2020 10:36 | Currently worth approx $85 million gross profit, Thomas11 :¬) | lefrene | |
06/8/2020 10:35 | Perhaps they drilled through a solid gold bar someone had stashed underground and forgotten about? :-p | king suarez | |
06/8/2020 10:31 | Very crude numbers from Avshancli 1 looking at map the size is approx. 200m by 200m. It is very shallow deposit if assume 10m depth average and assume 2t per m3 density and assume 2/t gold then we get 200 * 200 * 10 = 400,000 m3. at 2t/m3 density we get 800,000 tonnes at 2g/t gold we get 1,600,000g gold which is 57,000 oz gold. Obviously very crude and open to a wide margin of variation but sets the very large ball park / planet numbers Just a bit of fun, but I found it useful | thomas11 | |
06/8/2020 10:30 | Yes it will be in blue later today | bag158s | |
06/8/2020 10:29 | Buyers returning, some have digested the reports | katsy | |
06/8/2020 10:23 | "Underground tunnelling continues beneath the Gedabek open pit to establish drill chambers for drilling the down dip extension of the Gedabek OP mineralisation." From P22 of detailed report - this section focuses on the Gadir extension[s] e&P progress but this main pit u/g progress nugget is in there too. Suppose that in the ultimate scheme of things, the Gadir extension to the East combines with the main pit u/g resource; will all be pretty much contiguous. | 2sporrans | |
06/8/2020 10:23 | Two drill holes "returned grades above reportable limits" anomolous perhaps? | excellance | |
06/8/2020 10:21 | I think that the poor weather has badly effected the share price of AAZ. Now if they mention it was sunny on the next RNS they could be on a winner. | pogue | |
06/8/2020 10:17 | And in the meantime pog hovering $2050/oz with predictable forecasts of $2300-$2500 by end of year, targeting $3000 in 2021. The high grades reported for Gadir and it’s assessment to date complete, the jorc update Q3 should be mouth watering. | bleepy | |
06/8/2020 10:16 | Which is exactly why it's not worth watching closely. | qazwsxedc69 | |
06/8/2020 10:12 | So about 10m shaved off our market cap with less than 100k shares traded! | doc_oj | |
06/8/2020 10:08 | P66... Regional exploration work will continue over the high-priority target areas of Avshancli (including zones 1 and 3), Gilar, Zafer, as well as the SE Ugur deep high-grade Cu-Ag mineralisation zone. Drilling by both core drilling and reverse circulation method continues at pace at the Avshancli cluster of deposits and at the Gilar deposit. These areas are being given high priority due to their near surface gold content in order assess the potential for fast- tracking a new mine. Exploration activities, such as field mapping and OC sampling will continue. In parallel work will continue on the near-mine extensions of Gedabek-OP&UG and Gadir UG as a function of grade control extension drilling and targeting new development areas. Further ground-based magnetic geophysical surveys are being planned, similar to that carried out at Avshancli-1, which will be completed over the rest of Avshancli during H2 2020. In addition, it is proposed to carry out a wide-spaced, ground-based induced polarisation (“IP”) geophysical survey to determine whether to evaluate Avshancli as a single system, or to focus on the individual zones. Integrated geology interpretations continue based on ZTEM targets, including data analysis of “World-View 3” satellite data, regional and detail mapping data, and surface (outcrop, trench, stream, sediment, soil) sampling data. From this work, potential target areas will be prioritized for future exploration activities (Figure 37). Appendices to be studied over weekend. Moving onto GOSHA report... | bleepy | |
06/8/2020 09:55 | Gedabek u/g portal The portal highlighted Fig36, shows a 500 mtrs long tunnel being driven from behind the backwall of the open pit complex to join the 120 mtr tunnel from Gadir below pit 4. Given Gedabek open pit complex comprising 6pits has been mined since 2009 and the portal is some 150 mtrs backside of the open pits, that’s a vast area comprising Gedabek u/g mine. The 500 mtr tunnel will also explore extensions high grade mineralization along its length. Mention also of possible access to Gedabek u/g from pit1( perhaps not so steep an access if from base of pit1). Ore from ongoing development of Gedabek u/g mine will be processed. | bleepy | |
06/8/2020 09:54 | Seems to me that there is less selling than normal on the news release. Whoever bought circa 45,000 shares for 174p in the closing auction yesterday, his bank balance permitting , should return today. | klosters65 | |
06/8/2020 09:45 | Indeed matt | jbravo2 | |
06/8/2020 09:45 | Yes it is a good report. Good work done. Stock will be shooting up soon. | bag158s | |
06/8/2020 09:41 | Now we know why the satellite images show all the activity 'behind' the back wall of Gedabek open pit. Very interesting indeed …. this has been planned for a long, long time | mattjos | |
06/8/2020 09:37 | Thanks jb. i've grasped the portal locational concept much better now. edited my post above accordingly fwiw. So, the portal is down the roughly SE 'external' flank of the main pit; a lot less precipitous than the main wall the new tunnel is going to pass under, hence it is some way down that SE flank. So, not such a steep decline; which makes far more sense. There's an access 'road' not far away [main pit to plant] which i guess they've teed into for the excavation/construct thanks for the e-mail offer. | 2sporrans | |
06/8/2020 09:36 | Lots to read from that RNS. As always the attention will be in the detail. The 'headlines' could have included some of the more eyecatching grades of Gold, silver and Copper to grab peoples's attention. It would be very easy to focus on the negatives of the report . poor weather has hampered exploration . That may also affect production. News to come soon on Q2. . Confirmation of Ugur open pit coming to end of production However , let us focus on the positives . They have been extremely busy and things are progressing nicely on all fronts . They have discovered target which may be fast tracked to production. They will be open pit near surface so they can be easily mined and costs should be low . Price of gold and silver is at record highs . I particularly like this bit about Zafer - Two drill holes returned grades above reportable limits !! Did anyone else notice that ... never seen that before. What grades will they be at at to say that ???? All sounds positive. Let the traders take their profits. I see nothing here to not stay onboard . GLA Did anyone else notice that | jeanesy |
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