Peermade
29 Jan 2018
Re: Possibility of a dividend A rather good view of the likely dividend. We need to raise the share price otherwise with current cash generation someone might come sniffing a bargain and do the ramping for us.
mattjos
28 Jan 2018
Possibility of a dividend Reza is well aware of the investor requests for a dividend. His natural instinct, as an entrepreneur & majority owner/chairman, is to go for growth. That is also aligned with investor desires.When questioned on this, he has always said that it would be a matter for the Board to consider & not just his decision.All the time he has $3.9m of his own cash loaned to the company, I do not believe we will see a dividend .. that would not sit comfortably for me, were I a member of the Board. From Reza's point of view, he is earning $3.9m * 7% = $273,000 per year interest on the loan so, rather like a divi for him just now.However, I also believe that Bill Morgan would counsel that it does not it does not make financial sense to become completely free of debt as that would not be making the most of the terms of the PSA + a bit of leverage on the business model, during a bullish phase for precious metals, makes good financial sense.I believe we will repay Reza his money this year & future expansion will be incremental in nature, funded partly by commercial debt and party by organic cash-flow but, nothing like as lumpy/risky as historically. Under those circumstances, I am confident the Board will vote through the maiden dividend ... two, near-term, successive quarters of Gold over $1,400/oz & Copper over $7,000/t will see very, very significant cash generation .. nice position to be in!!
Peermade
26 Jan 2018
Re: POG up and..... Finally coming good after 7 years of torture but hard for people to accept we have turned the corner and become a producer. This will hit new highs in 2018 or at least rerun the highs of 2011.
bhptuner
26 Jan 2018
POG up and..... yep were down couldnt make it up
fundfemale
25 Jan 2018
Dividend There are different sides to this. As the board have been committed to the project for decades they would, I am sure, be delighted to see a dividend. I have also discussed with AAZ if it is possible to pay a dividend while paying off debt and the answer is yes.We should be mindful though that Mr Vaziri has already supported investors by loaning his own money to the project. So with regards to likelihood of a dividend, this is a board and a band of shareholders who well deserve to receive one, but equally the board will exercise great prudence.For me - I see AAZ as a growth share, but certainly a dividend is always the purpose of the business for a shareholder...
bhptuner
19 Jan 2018
Re: Is their chance for Dividend? ive emailed them asking that question dont really expect a direct answer but if more people do then maybe they will take noticedont under estimate small pi voter power on the bzt forums they got together and got a 25p dividend payed when a one off retainer payment came into the coffers .none of the board had a single share at the time lol.shareholders should get ready for profits coming and if there is no dividends forthcoming form a shareholders group to get it voted on maybe?
Jason Poland
19 Jan 2018
Re: Is their chance for Dividend? I'm sure it will come onto the agenda. Maybe half year 2018 they will declare an interim dividend. Don't expect anything from the full year 2017 result
Arul
18 Jan 2018
Is their chance for Dividend? Why can’t the board think about giving dividend and give more value to shareholders
fundfemale
18 Jan 2018
Re: 23185oz in Q4 2017 Gold price looking to continue its rally - Chinese New Year buying, gold has usually performed well in opening quarter - advancing plus 6% (on average) in January and February over past decade.Gold bullion dealers foreseeing the metal breaking above US$1400. AAZ margins looking comfortable...
bhptuner
17 Jan 2018
23185oz in Q4 2017 thats before the opimization in Q1 and Q2 2018so 100000+ oz could be do-ableso we could be debt free at the end of Q3 maybe?
fundfemale
17 Jan 2018
Re: Waiting for 100p [link] Stocktube, Anglo Asian Mining Plc's (LON:AAZ) Bill Morgan and Steve Westhead spoke about the release of their latest operations report, which showed the miner produced 71,461 gold equivalent ounces during 2017.
shugg1e
16 Jan 2018
Re: net debt down by 47% 2017 i would buy but its a terrible share with a massive spread of sometimes 15%should be a quarter penny each wayso im sticking with tradeable gold shares with tighter spreadsTrans Siberian is the same great company but terrible spreadill have to give this one a miss due to spread
bhptuner
16 Jan 2018
100k buy @44p positive thoughts
bhptuner
16 Jan 2018
gedabek back on Q1 2018 so even more good news comingsecond crusher operational Q2
bhptuner
16 Jan 2018
net debt down by 47% 2017 so debt free maybe by end of this year 2018production upso logically dividends next?annoys me ,people like shuggle knocked this share scared people with their posts ignoring whats really been happening .its got a market cap of £49million ......AMC for instance hasnt mined anything and its market cap is £46 million!!!so this has to re-rate big style soon
