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AAZ Anglo Asian Mining Plc

64.50
0.90 (1.42%)
Last Updated: 08:04:36
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
  0.90 1.42% 64.50 63.00 66.00 64.50 63.50 63.50 7,742 08:04:36
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Miscellaneous Metal Ores,nec 84.72M 3.66M 0.0320 19.88 72.66M
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 63.60p. 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 £72.66 million. Anglo Asian Mining has a price to earnings ratio (PE ratio) of 19.88.

Anglo Asian Mining Share Discussion Threads

Showing 22651 to 22675 of 144550 messages
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DateSubjectAuthorDiscuss
16/6/2016
12:28
Q2 figures should see 19,000oz of gold at an average price of $1250.

19,000 x 0.87 x ($1250 - $700) = $9.1m

With silver and copper on top of that that quart should exceed $10m in profit.

Revenues will be around $22m for gold, copper and silver.

brasso3
16/6/2016
12:24
Well done AAZ. Everything now lining up nicely.
jaspoland
16/6/2016
12:22
And also not to forget silver and copper.
golla
16/6/2016
12:22
19000 + was the highest Q if I remember correctly
ferries5
16/6/2016
12:18
I expect that Q2 2016 will be AAZs best financial performance in its history.
brasso3
16/6/2016
12:16
We are going to have some juicy numbers very soon hopefully.
golla
16/6/2016
12:13
784 Kg = 25,200 oz for Jan to May.

With the Flotation plant gold that is an average of >5300oz per month so far this year.

Updated: May production figures:-

6300oz x 0.87 x ($1250 - $700) = $3.01m profit!

brasso3
16/6/2016
12:10
I think 6300 - 6400oz then as a total.

Moving forward each month now. Not long before we get some 7000oz months at this rate.

brasso3
16/6/2016
12:03
The other links had no mention of disposal AFAIAA celeritas.


Anyway it looks like its 6020oz for May then (plus gold in copper flotation)
So perhaps 6400 oz. Pretty good.

jbravo2
16/6/2016
11:56
Not sure if this is accurate. I think the Jan to april is just a misprint. i should read jan to May

Silver production increased 5 times in Azerbaijan

16 June, 2016 12:16


Gold production decreased by 13%
Baku. 16 June. REPORT.AZ/ Azerbaijan produced 784,3 kg of gold in January-April, 2016. It is by 13,1% less compared to the same period last year.

Report informs referring to the State Statistical Committee, stocks of finished products amounted to 46,9 kg.

According to the official report, the volume of silver production increased 4,7 times and made 162,3 kg. Stocks of finished products amounted to 23,7 kg.

In Azerbaijan, gold and silver mined in the framework of the PSA (Production Sharing Agreement), signed on 21 August 1997. The agreement includes the development of six fields: in Nakhchivan - 1 Gadabay - 2, Kalbajar and Zangilan- 3, which are currently under the Armenian occupation. Azerbaijan's share in the contract is 51%, share of the British company "Anglo Asian Mining Plc." - 49%. First gold production in Gadabay field began in 2009.

ferries5
16/6/2016
11:35
The link was on the thread a couple of days back, it's what everyone was on about.
celeritas
16/6/2016
10:32
"At present, the CJSC is passing a state registration through the “single window” system of the Ministry of Taxes, he said, adding that simultaneously, the talks have been held with foreign companies on acquisition and disposal of the assets."


First explicit mention I've found that some of the assets might be disposed of.

jbravo2
16/6/2016
09:49
May production estimate:-

6000oz x 0.87 x ($1250 - $700) = $2.87m profit!

brasso3
16/6/2016
09:43
Volume seems to be picking up here. Just need solid production figures now!!
jeanesy
16/6/2016
09:34
Glad to hear your maths on the share price dovetails with most others here, CSM
mattjos
16/6/2016
09:32
I think it's market cap is that small very few people notice it, potentially this year it could make its market cap in one go, even if because it's small it got an pe of 8 this could rise to well over 100p
csmwssk12hu
16/6/2016
09:28
Exactly jbravo
jbe81
16/6/2016
09:28
still rediculouly cheap.
golla
16/6/2016
09:25
Well you don't have long to wait brasso. The H1 production figures will be out in about a month and that will include an update on debt. That debt update already happens four times a year. Seems plenty to me.
jbravo2
16/6/2016
09:23
Welcome aboard CSM. Better late than never!Good to hear that others are seeing the daft valuation that still persists here
mattjos
16/6/2016
09:16
From a chart point of view and economic point of view this is probably what the most outrageous buys ever, they share price has gone from 6p to 14p pretty steadily from April despite most mining stocks falling they lost nearly 9m last year and have cut costs by 13m since, the price of gold etc that they mine are apx 15% higher than last year, the pound is worth apx 15% less than last year aswell so if they turnover say 70m that should put another 21m on the bottom line alone, I can't find any broker forecasts for this I know they have about 49m in debt but if the above happens they should make 25m this year which after tax is half the debt nearly in one year, this could really shoot I am in already at 12.7 I wish I had noticed it earlier, I don't even check every day because I know it will do well over time imho.
csmwssk12hu
16/6/2016
09:14
I disagree JBravo.

The debt is what is causing the undervaluation by the market. To communicate payments is a logical way to correct the valuation.

Only the people who do detailed research (not many) will know about the payments you mention.

brasso3
16/6/2016
08:51
That doesn't need an RNS. It will happen every Feb, May, Aug and Nov for another 9 quarters. RNS it if it doesn't happen.
jbravo2
16/6/2016
08:45
I think we already know they had a $3.5m payment last month. It would not do any harm to RNS that.
brasso3
16/6/2016
08:37
Need to see buyers paying over 15p. Updates on debt reduction would be the best PR the company could do and it wouldn't cost them anything.
philo124
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