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 Shares Traded Last Trade
  0.50 0.41% 123.50 146,378 10:09:20
Bid Price Offer Price High Price Low Price Open Price
122.00 125.00 126.50 123.00 126.50
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 74.64 26.14 14.85 8.4 141
Last Trade Time Trade Type Trade Size Trade Price Currency
15:15:41 O 114 122.15 GBX

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Date Time Title Posts
20/9/202114:10Wanobi & AAZ37,547
18/9/202120:36One of the largest developing gold properties in Eur or Asia47,951
23/8/202116:48Anglo Asian Mining Charts14
03/3/202107:14Anglo Asian Mining - Seriously Undervalued8,223
21/1/202114:26Anglo Asian Mining PLC - gold and copper in Azerbaijan22

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Anglo Asian Mining Daily Update: Anglo Asian Mining Plc is listed in the Mining sector of the London Stock Exchange with ticker AAZ. The last closing price for Anglo Asian Mining was 123p.
Anglo Asian Mining Plc has a 4 week average price of 123p and a 12 week average price of 122.50p.
The 1 year high share price is 182.50p while the 1 year low share price is currently 102p.
There are currently 114,392,024 shares in issue and the average daily traded volume is 117,302 shares. The market capitalisation of Anglo Asian Mining Plc is £141,274,149.64.
donald pond: Interesting psychology at the moment with stale bulls, a patient buyer and the hope/expectation of transformative news. It obviously depends on the news, when it comes, but the key question is whether stale bulls will sell into it or whether AAZ can expand its investor base so as to absorb sells and break out of the 2 year trading rangeWhen Paul Mylchreest described AAZ as being "prodigiously cash generative" in 2019, he would not have believed copper and gold would each by up sharply from then and yet the AAZ share price be unmoved.
joey wilson: Great post.I can atest to selling out many times along the way with a constant draw to buy back in. I can also admit if I had done nothing I would have done better than in and out every time I reached my target figure. I think the game changed when the company started paying a dividend. I didnt actually understand the significance of such a company achievement at that time. However I do believe AAZ is a company as good as it gets.I have traded other shares each time I sold up at AAZ and have made more money than if I had left it over the last few years. Significantly for me the poor price performance has enabled me to buy back in, especially over the last 12 months.People may laugh at my posts as I often do not have much to offer, but my intentions have always been genuine and my final investment will, likely be AAZ. I have got a few shares riding on CNG and also DDDD. When these shares come good my intention will be to just drop everything into AAZ and forget tge trading. I still firmly believe AAZ will eventually be bought out at a much higher price.This board is a credit to the people on it. Like you Jb I am sure AAZ will fly again.CNG and DDDD are both risky shares but I am convinced they will enable at some point in time buy far AAZ shares than the initial cash investment made by cashing AAZ and moving a portion into something more dynamic. AAZ is a 'reliable eddy' now, I think still with the potential of at least doubling from here and nice little dividends along the way.GLAJW
wanobi: thanx jeanesy, cheers Wan :-) September 9, 2021 Compelling data in recent Commitments of Traders (COT) reports point to the emergence of a very large buyer in COMEX gold futures. The last four COT reports, starting with the report for positions held as of August 10, show a dramatic increase on the long side in gold for the 4 largest traders (not to be confused with the concentrated short position I speak of regularly, particularly in silver). Data over the past 4 reporting weeks indicate that a large non-commercial trader has amassed as many as 40,000 COMEX gold contracts, the equivalent of 4 million ounces of gold. In addition to the concentrated long position being among the highest on record, even more interesting is that the sharp increase began during the reporting week corresponding to the recent deliberate smash down in gold and silver prices into August 9. What this indicates is that the large non-commercial trader, most likely included in the Other Large Trader reporting category, bought most aggressively into that price smash – apparently by design. For the record, nearly 40,000 contracts of COMEX gold futures has a total notional dollar value of $7.2 billion (at $1800 per ounce) and each dollar move higher or lower would equate to $4 million for the holder, and $400 million for each $100 move in the gold price. Minimum initial margin requirements would run $8250 per contract or $330 million for 40,000 contracts. My best guess is that the position in question was acquired at roughly a $1770 per ounce average price. At the same time, a prominent large investor, John Paulson, has been quite vocal about the future prospects for sharply higher gold prices. He is someone who is quite capable of amassing such a large COMEX gold position. In addition, Paulson has publicly remarked that he intends to deploy leverage designed to produce an ultimate return on gold of 25 to 50 times his original investment. Certainly, a large core long position in COMEX gold futures augmented with other derivatives, such as options, would seem to provide the opportunity for such outsized returns. The large, long gold futures position was established and added to on the deliberate price smash into August 10 – almost as if the buyer was waiting to start accumulating on lower prices. Make no mistake, whoever the buyer is, it’s safe to say that it is not a momentum or technical type trader buying price breakouts and who is likely to sell on price breakdowns. Buying into a severe price decline connotes the actions of someone interested in accumulating at lower prices, along with the implication of holding the position for however long it takes before true value is achieved. These are hallmarks for Paulson’s past market plays. Long a gold advocate, Paulson was the largest holder of GLD, the big gold ETF in past years, but if he is the big whale in COMEX gold future, as I suspect, that is something new. Should gold prices surge higher in the future as the buyer of the gold futures contracts obviously anticipates, the large purchase threatens to upset the well-oiled machine on the COMEX in force for decades in which the commercials continuously hoodwinked the managed money traders in and out of positions. The large purchase will only add to the burden of the commercial shorts to provide enough new short positions to prevent prices from rising. As word of the large position gets out, other large traders may also become interested in gold. And if it is Paulson, who wouldn’t want to piggy-back on a trade from someone who single-handily netted $20 billion in his famous bet against subprime mortgages in the Great Financial Crisis?
donald pond: Even now that would do the trick. Buy 10m shares down here from the stash of cash they have, it would push the share price up to £2, release news, get it to £2.50, place the 10m shares with a couple of institutions and you've supported the share price, made £10m profit and rejuvenated the register. I suggested that a year or so ago to the board, that was what prompted the one line email "No, we won't be doing that". I've still not had a response to my email through the company portal 2 weeks ago. I can't comprehend why you would offer people the chance to interact and then not respond at all.
odsjp: If you want to feel better about the AAZ share price, I suggest you have a look at the following gold shares over a year time frame. We are actually looking pretty good. It looks like all gold miners are out of favour at the moment even though the gold price is relatively high. Until we increase our production or have news on the new sites then think we will be range bound but it could be worse as below AAZ - Current £1.30 (52w low of £1.10, 52w high of £1.77) CEY - Current 98p (52w low of 70p, 52w high of £2.20) POLY - Current £14.68 (52w low of £14.00, 52w high of £20.85) Others PUR - Current 63.5p (52w low of 60p, 52w high of £1.77) RSG - Current 23.85p (52w low of 23p, 52w high of 64p)
misterdeb: Why I am not ready to sell: Does anyone think an institutional investor with say 15% stake in AAZ would have more influence than the Azerbaijan government – I don’t think so. So it is unlikely we would ever get any serious institutional investment. The share price is a frustration to long term investors but a big disappointment to more recent Buyers. However, The dismal reaction to the RNS – is nothing new I have been buying since 2006 the poor price action now is the same poor price action that allowed myself and many of us to snaffle shares in single and double digits. The share price did not match the value of the company back then just like it is not doing so now. There may be significant infrastructure improvements in the newly liberated areas however every other day there are reports of sniper fire near the borders – I think some areas are still covered in land mines. What is the point of awarding the newly liberated Contract when it is too dangerous to access? I would be happy if we get access this time next year. The Ztem surveys were supposed to be a three year rolling programme so that is only just programmed to have finished and anyone seriously invested would be unlikely to sell prior to the conclusion of the surveys that are still ongoing. The biggest criticisms I have is (1) why has it taken 15 years to produce only 70K of GOE ounces per annum bearing in mind the photos posted by JBravo of the mine, the results of the Ztem Surveys plus historical Russian mining data. (2) the failure to increase production year on year when they are demonstrating there is so much gold both adjacent and beyond the current Contract areas. AAZ need to up their game with regards to the RNS wording I have circa 200K shares and I have not got the time or technical knowhow on how to interpret the results other than assuming they are good or bad so I am pretty sure most investors not focussed solely on this sector don’t have the time or patience to research this company. Everytime I read a RNS I think to myself “and” what you are you going to do with this opportunity. Where is the strategy to exploit the RNS i.e. train people up to become miners to work on the new opportunities, training schools safety lessons etc – I have never seen anything. AAZ need to increase production / dividends as it is the only way the share price will increase in the next 12 months. Patience is wearing thin, however I still see this as a hold for another 2 years max in the hope fair value wins the day. Regards
king suarez: Interesting thoughts, but not sure I follow the logic. Yes, the Azer govt don't benefit from the share price movements, but how does a rising share price attract predators? Surely predators want to pick up companies on the cheap when they are undervalued, not when they have to pay a premium? Any would be new owner of AAZ assets will surely still have to abide by the PSA also, so how is the govt at risk? Azer govt would logically want AAZ to increase production and revenues to get a bigger income stream from their share? The Irish situation was weird, but it was hardly a significant investment for the company that would lead to much short-term growth as it was still early stage exploration and a cheap investment too - if they were serious about diversifying due to govt relations being rocky surely the cash pile could have been put to use on a (larger) producing asset somewhere? There must be a lot of info we are not currently being privy to, and think it worth holding out for clarification - we have been told we have access to very significant resources (two additional mines; one copper, one gold) and think the BOD simply want to know the timescales for when we can start looking at taking those back into production, whilst simultaneously wanting to keep status quo production going - so there is not yet certainty over investment capital requirements and how best to tie this all in together. We will hear at some point, but at the moment it is frustrating and I see investor sentiment appears fairly negative.
loafofbread: I think todays volume of 12,000 tells you all you need to know. Noone has heard of AAZ, apart from the posters on here, and none of us can see a reason to buy. The rest of the market on fire in recent days. Happy for renz to run this like his private club once the share price is £2.50 but not when we can't even get off first base. Not one +3% holding in 8 years. No wonder DP keeps on getting 20+ ticks. Investing is to make money, not some love in with a BOD who have had enough time to discover alchemy, let alone to get the share price past £1.50!
riggerbeautz: I’m in the camp that wants to get there (£2) naturally and happy collecting a chunky dividend but it would be nice to see some share price growth by enticing new investors in order to do so. One of my motto’s is ignore the noise, AAZ do it to perfection on face value, because they just do what they do. The mining bit is to perfection, the P.R front is snippets and gems that come out of AGM’s and odd interviews but there’s just nothing flashing in lights to grab market attention. I’m of the opinion it won’t change until they want it to, so little point getting to worked up but would understand those looking for share price appreciation to get frustrated and sell up; hence why we seem in a 2 year rut spiking around anticipated news etc.
wanobi: also concur,,, AAZ is a public company, with a large % of shares held by management who run it as a private company.... owners of private companies look at their annual profits & pay dividends accordingly,,, they are not bothered about the value of their shareholding until they decide to sell up and then they try to maximize it to the hilt... nothing will change in regard to AAZ's approach,, but, what could be transformational for the share price might be the ad hoc RNS which must be coming in regard to the newly liberated CA's and AZERGOV continued support of AAZ to go mine em!!! Cheers Wan :-)
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P: V: D:20210920 14:49:37