Anglo Asian Mining Share Discussion Threads

[cyberbub] 23/9/2015 08:21

Jeez, heavy buying all the way up to 5.75 yesterday, we drop back to 5p on tiny volume, and now we have just £750 of trades at 5p?? Some trickery being worked it seems...

[terropol] 23/9/2015 00:11

Well lets get this new thread started...

[mattjos] 22/9/2015 21:56

A low-cost, profitable & dividend-paying Azerbaijani Cu, Au, Ag producer with very significant untapped resources, already proven by previous Soviet & Azeri exploration but, not yet to modern JORC standards. Described by Behre Dolbear in the 2005 IPO Documents as: "a potential world class source of Copper & Gold……..an additional 10 million tonnes of copper and 45 million ounces of gold could possibly be discovered on the properties"

Started paying dividends in 2018 from a sustainable, on-going, dividend policy of 25% of Free Cash Flow. Dividends are paid Gross & in GB£



NEWS CALENDAR 2024

nnnn
nnnn

AAZ DIVIDEND HISTORY


Divi Payment Dates
Divi Values in US$
Divi Values in GB£


08th Nov 2018
      3.0c
     2.2864p


25th Jul 2019
      4.0c
     3.1797p


31st Oct 2019
      3.5c
     2.8355p


30th Jul 2020
      4.5c
     3.5739p


05th Nov 2020
      4.5c
     3.4651p


11th Mar 2021
      1.5c
     1.0767p


29th Jul 2021
      3.5c
     2.5354p


04th Nov 2021
      4.5c
     3.2937p


28th Jul 2022
      3.5c
     2.9181p


03rd Nov 2022
      4.0c
     3.5559p


27th Jul 2023
      4.0c
     3.1421p



Cumulative


      40.5c


     31.8625p

[brasso3] 22/9/2015 21:33

O.k I will sort it out in Excel and send you the link via a message. I will do it on the weekend.

[mattjos] 22/9/2015 21:31

Will try .. Can you try to msg me on this forum with it?

[brasso3] 22/9/2015 21:21

Matt

Is it possible to have a table in the header giving quarterly production figures for the last 8 quarters for example? I realise this will require a bit of effort. I can provide the jpeg if you like.

[wigwammer] 22/9/2015 21:19

Brasso - they think they can raise gold recovery from 75% to 90%, which at 70k oz pa now would be a another 14k pa. So yes, your figure looks about right.

[mattjos] 22/9/2015 21:17

Chaps ..any/all suggestions for what folk think should go into the new thread title .. Please let me know & I'll try to incorporate it that includes any specific posts from this thread that are particularly relevant at this stage.

[mattjos] 22/9/2015 21:03

Brasso, The first 6 months supply of sulphide ore is already crushed and stockpiled waiting to be processed.. The costs for this supply ie. To get it extracted, crushed and stockpiled have already been expensed (if my memory serves correctly)379,000/24/90tph = 175 days supplyThereafter, it will be fed by the agitation leach feed or, will feed the agitation leach plant .. Depends on ore mineralogy.

[brasso3] 22/9/2015 20:38

Regarding the floation plant the company said they expected it would contribute 5000oz in 2015 (Sept - Dec). Does this mean the capability for full year is therefore 15000oz? Very significant if so providing AAZ can keep feeding it.

[wigwammer] 22/9/2015 19:07

Suspect we'll get an update on the flotation plant before the next quarterly. They repeated today they expect completion in September.Should create some more interest.

[zico01] 22/9/2015 18:09

Excellent update on outlook :

Outlook
In light of the robust H1 2015 production performance, the good production seen thus far in Q3 2015 and the imminent start of production from the flotation plant at Gedabek, we remain on target to achieve a gold production target of between 70,000 to 75,000 ounces for FY 2015. As such, we remain highly positive on the Company's FY 2015 outlook and beyond as we aim to move back into profitability once again.

[zico01] 22/9/2015 18:05

From today's results:

H2 2015 gold production performing above management's plan - 50,779 ounces of gold produced from 1 January to 13 September 2015

[jbe81] 22/9/2015 17:32

Interesting to see if/when we get a holdings rns, Bashirov must be nearly out by now

[brasso3] 22/9/2015 17:21

A lot more buys than sells. Hmmm.

[cyberbub] 22/9/2015 16:22

Watch for the delayed trades, IMO...

[brasso3] 22/9/2015 15:45

Really looking forward to the next Quarterly (October) now as we should have more news on production, debt levels and the floatation plant.

[mattjos] 22/9/2015 15:24

single highest volume day since September 2010. Back then the share price actually declined for two days thereafter .. lets see if this is the MM game plan

[mattjos] 22/9/2015 15:11

13% spread! they are not interested in making a market in this right now

[cyberbub] 22/9/2015 15:07

I assume he can't have much left. There is no way the MMs could have supplied today's volume without at least 1M minimum from him, IMO. He had 4M left 10 weeks ago and there have been a number of days of decent buying during the 'flatline' period...Agree that the next quarterly production in 3 weeks is the latest time he is likely to sell out whatever he has left...NAI

[mattjos] 22/9/2015 15:01

if there is an interested buyer for Bashirov's stock the MM's will want to keep it down to do the deal but, I'd suggest they'll need to do in the next 3 weeks

[cyberbub] 22/9/2015 14:56

2M-odd buys (albeit perhaps a few disguised sells in there), and then the MMS drop it 10% on barely 100k in sells? LOL

[mattjos] 22/9/2015 14:50

It was December 2013 when the announced drill results from Gadiz (Gedabek North) that advised:
"..... The difference mineralogically includes zinc rich sphalarite in the gold enriched zones...."

So, maybe the 12 smaller flotation cells that "are available to produce Zinc & other metals" will be used to process ore from Gedabek North and extract the Zinc + anything else they find.
It's a useful addition to have on site & should help them gain ever greater understanding of which process methodology to apply to differing ore types .. and always the opportunity to sell the resultant metal

[cyberbub] 22/9/2015 14:07

If the company's cash costs per oz should be dropping steadily (due to both technical and exchange rate reasons), I wonder whether it's worth them considering partially hedging the gold price? Do any of the long term holders here know whether the company has considered that?