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AAZ Anglo Asian Mining Plc

68.50
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
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% 68.50 67.00 70.00 70.50 68.50 68.50 219,881 16:20:14
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Miscellaneous Metal Ores,nec 84.72M 3.66M 0.0320 21.41 78.26M
Anglo Asian Mining Plc is listed in the Miscellaneous Metal Ores sector of the London Stock Exchange with ticker AAZ. The last closing price for Anglo Asian Mining was 68.50p. Over the last year, Anglo Asian Mining shares have traded in a share price range of 36.50p to 121.50p.

Anglo Asian Mining currently has 114,242,024 shares in issue. The market capitalisation of Anglo Asian Mining is £78.26 million. Anglo Asian Mining has a price to earnings ratio (PE ratio) of 21.41.

Anglo Asian Mining Share Discussion Threads

Showing 141951 to 141974 of 144125 messages
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DateSubjectAuthorDiscuss
17/2/2024
14:12
fingers, toes, ears & balls crossed pogue!! LOL :-) :-)
wanobi
17/2/2024
12:31
Wan
Azerbaijan is still very corrupt anything can happen if the right wheels are not oiled. I am currently working with a few engineers that have lived there and even married locals. One went into a side business with a bar in Baku and related the story of the local official that came in to look at his new proposed cellar bar. Only one access in or out so did not comply with regulations he was advised a cash payment would solve the problem.
I would expect AAZ know the way things work over there and will make things happen but recent events prove anything can happen when the rule of law is flexible. I should have heeded my own opinion long ago when I first started buying into this company and taken cash off the table when Bill hinted of a takeover and the share price rocketed up.

pogue
17/2/2024
12:20
It’s more to do with government officials being in attendance that gives me a bit more confidence Wan.
digger18
17/2/2024
11:19
they had the considerable CAT equipment order on hold I believe??

& then went ahead and took delivery....

surely one would only do that if one is standing on solid ground so to speak :-) :-)

or, unless,,, CAT forced them to honour the order contract I suppose... grrr!!

I do hope it's the former :-)

Cheers
Wan :-)

wanobi
17/2/2024
11:11
I agree with those sentiments. I can’t believe that permitting would be refused when you consider the recent grand Gilar mine announcement with gov representations at the open day.
“A ceremony was held on the afternoon of Monday 11 December 2023 to mark the arrival of the equipment at Gedabek. This was attended by the Group's leadership team, Azeri and Turkish representatives from Caterpillar and Borusan, along with representatives from both the central and regional Governments of Azerbaijan. A demonstration was also given of operating one of the machines by remote control. The event attracted considerable interest within Azerbaijan with journalists from both print and broadcast media also in attendance”

digger18
17/2/2024
11:02
We will never know! But permission to raise the dam wall and to build the new one would lead to that conclusion.
digger18
17/2/2024
10:12
Good morning all.
Wan very well summed up the Libro investment above. The 2 investments that AAZ has made over time have not been the best ones. Our BoD are a bit too honest and naive for their own good and have been used IMHO.
They now need all the finance for investmets in the various mines in Azerbaijan.
The main thing now is the news of the TD also dialogue with the local community to stop any further protests and problems from them.
It all depends on how the president sees things.
Let's see what news we get in the near future. I am keeping my fingers crossed for all of us LTH's.

2cmb
17/2/2024
09:29
I suspect AAZ's plan was to maintain or even increase (at some point) its shareholding % in Libero (as the inevitable fund raising rounds came along),,, but, have been somewhat blindsided by the protestors, AZERGOV & the presidents stance/demands as any of us would have been,,, just like covid,, not something listed in their SWOT analysis....,,, & hence, with their core operations under threat,, have decided to be prudent with their cash until AAZ is back on its feet, producing, making profits along with a clear plan in regards to TD's for the near & medium term... which is sensible imv and they could, if they so wished,,, rejoin the Libero opportunity with newly generated cash in the future.... just my thoughts on it fwiw,,, have a great day all,,, Cheers Wan :-)
wanobi
17/2/2024
09:21
Good morning all, Cheers wan :-)
wanobi
17/2/2024
07:26
IF the strategy was to demonstrate to the Azer Gov that we are looking to grow and invest in opportunities to leverage and accelerate the permitting process of obtaining the new contract area licenses, you could argue it was a price worth paying to get what we got, even if LBC ends up worth Zip.. :o)
laurence llewelyn binliner
17/2/2024
07:08
How did the Conroy Gold saga play out
bazboa
17/2/2024
01:20
It's nothing to do with hindsight. There are always people with no capacity for critical thinking who get excited about everything that happens, whether it's boardroom nepotism or dubious investments, but some of us have been unhappy about Libero from the very beginning, e.g.





I think a fair assessment of AAZ would be that it has reasonably good management and a rather poor board.

zangdook
16/2/2024
17:54
in many ways, I believe AAZ are a bit too naiive & too honest to try and do these sort of deals eg. Libero.
AAZ are miners and want to get on mining. They saw an opportunity, particularly after they looked closely at the geology of the Mocoa deposit, & believed they coud add value to the proposition.
In reaity, I suspect they have been somewhat 'used' by Ian Slater (someone with something of a track record in this).

That said, the Copper & Molbdenum are still there and are still required by the global economy - they are only going to trend up in vlaue as time goes by.

Frank Giustra is clearly a money man with a track record of making such things actually happen & I very much doubt he will allow himself to be used by Ian Slater - Giustra has the monetary firepower and the commercial acumen to outgun Slater & Slater will know that.

Two possible outcomes from here as I see it:

1. Giustra & Slater are in cohoots and intend to run this up hard and fast and try to feret out a big corporate mining entity for Mocoa and they both exit with a wodge or;
2. Giustra genuinely believes he has the firpeower and political clout to get Mocoa into Production.

Either outcome should see the market cap of Libero increase from here onwards & in the event of it being outcome 2 then we may yet have a role to play in mining Mocoa.
Certainly no need for John Sunnunu to remain on the Board now as I do not believe he is capable of adding anything whatsover to the equation that Giustra himself cannot get done more quickly & effectively.
Our shares in LBC are nothing other than sock-drawer items for now but, may yet become more significant as events at Mocoa unfold.

Back to matters in-hand .... fgsake, get this sodding news out about the Tailings & keep pushing at Gilar, Xaar Xaar & Demirli

mattjos
16/2/2024
17:30
Thank you Wan
pogue
16/2/2024
17:29
nice one pogue,,, you deserve to see success :-) Cheers Wan :-)
wanobi
16/2/2024
17:14
Good day for me at HVO and POLB. HVO seems to have swallowed the news off yesterday and climbed a little today and POLB's late flourish to 11.4p puts it on a high only beaten in the early float days over 2 years ago at 12.75p and well clear of the float price 10p resistance barrier.
pogue
16/2/2024
16:20
Bazboa16 Feb '24 - 03:20 - 59565 of 59574
0 5 1
Another disaster of an investment by AAZ


BAZBOA, Can you tell us what other bad investment AAZ did???

I don't remember any!!!!
WE are lucky to have the management we have, Libero did not work but hindsight is a great.....

terropol
16/2/2024
16:18
as always,,, many thanx to all for your continued support and contributions to this thread,,, tis much appreciated :-),,, I wish you all a fine weekend and live in hope we'll hear some positive TD news from AAZ next week :-) :-) Cheers Wan :-)
wanobi
16/2/2024
16:17
you're most welcome AiE,,, indeed, let's see what next week brings :-) Cheers Wan :-)
wanobi
16/2/2024
16:13
wanobi16 Feb '24 - 16:11 - 63140 of 63140

Thanks. Let’s see what next week brings.

all in eol
16/2/2024
16:11
free stock charts from uk.advfn.com


yes, has turned up nicely :-)

Cheers
Wan :-)

wanobi
16/2/2024
16:03
aha, I see why now,,, your previous post mentioned you'd been buying back into AAZ.. :-) Cheers Wan :-)
wanobi
16/2/2024
16:02
ooops, yes, I did,,, apols,,, for some reason I thought you were referring to AAZ !!!

doh!!! soz :-)

Cheers
Wan :-)

wanobi
16/2/2024
16:00
Did you miss read my AIM chart post Wan, I probably should have put AXX
all in eol
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