Member Info for ADT1

MMs itching to move up now, September will be a good one.

Consolidating well

SP Angel
• In the view of continuing positive FCF generation and a strong balance sheet, the Company announced a FY19 final dividend of 4.5c, an increase over an interim dividend of 3.5c, bringing total FY19 payout to 8.0c or ~$9m, up on 7.0c for FY18 and , equivalent to ~33% of FCF and implying a stronger payout to the declared dividend policy of 25% of FCF.
• Moving forwards, the Company is well positioned to sustain its dividend policy and potentially distribute more than 25% of annual FCF as was the case in 2018 and 2019.
https://wp-angloasianmining-2020.s3.eu-west-2.amazonaws.com/media/2020/06/10132848/S-P-ANGEL-REPORT-JUNE-2020.pdf

The dividend yield for AAZ is among the highest among London listed precious metals miners and with an increase above analyst expectations of free cash flow likely this year the payment could be higher again in they keep to a dividend policy of 25% of FCF.

SP Angel on flat $1,750/oz gold price respective estimated EBITDA measures increase to $61m for both years raising target valuation to $303m and 204p per share.

AAZ EBITDA FY20 margins is among the highest in the industry.

AAZ is undervalued on EV to EBITDA FY20 and EV to EBITDA FY21 basis.

AAZ DY FY20 is amongst the top London-listed precious metals miners with strong balance sheet offering good payout sustainability.

Resource and reserves update (Q3/20)

https://wp-angloasianmining-2020.s3.eu-west-2.amazonaws.com/media/2020/06/10132848/S-P-ANGEL-REPORT-JUNE-2020.pdf

Investors Chronicle highlight AAZ as a Growth at a Reasonable Price (GARP) screen stock.

https://www.investorschronicle.co.uk/alpha/2020/08/17/aim-miners-highlighted-by-garp-screen/

clearly a lot of interest in the stock and churn, will trend up from here imo

the asset and potential is huge, let it run its course, the sp will follow

Dominic Frisby

Why Warren Buffett’s purchase of Barrick shares is such a big deal for gold-mining stocks

Warren Buffett has bought half a billion dollars’ worth of shares in gold miner Barrick. That’s a big deal, says Dominic Frisby. We could be at the beginning of a bull market in gold-mining stocks.

https://moneyweek.com/investments/commodities/gold/601836/warren-buffett-barrick-gold-shares-gold-mining-stocks

lets set our sights on 1p before £1 lol

Why Warren Buffett’s purchase of Barrick shares is such a big deal for gold-mining stocks

Warren Buffett has bought half a billion dollars’ worth of shares in gold miner Barrick. That’s a big deal, says Dominic Frisby. We could be at the beginning of a bull market in gold-mining stocks.

https://moneyweek.com/investments/commodities/gold/601836/warren-buffett-barrick-gold-shares-gold-mining-stocks

Why Warren Buffett’s purchase of Barrick shares is such a big deal for gold-mining stocks
Warren Buffett has bought half a billion dollars’ worth of shares in gold miner Barrick. That’s a big deal, says Dominic Frisby. We could be at the beginning of a bull market in gold-mining stocks.

https://moneyweek.com/investments/commodities/gold/601836/warren-buffett-barrick-gold-shares-gold-mining-stocks

Why Warren Buffett’s purchase of Barrick shares is such a big deal for gold-mining stocks

Warren Buffett has bought half a billion dollars’ worth of shares in gold miner Barrick. That’s a big deal, says Dominic Frisby. We could be at the beginning of a bull market in gold-mining stocks.
https://moneyweek.com/investments/commodities/gold/601836/warren-buffett-barrick-gold-shares-gold-mining-stocks

consolidating well at this level

The Rally In Gold Mining Stocks May Barely Have Started

https://www.forbes.com/sites/simonconstable/2020/07/28/the-rally-in-gold-mining-stocks-may-barely-have-started/

The Rally In Gold Mining Stocks May Barely Have Started

https://www.forbes.com/sites/simonconstable/2020/07/28/the-rally-in-gold-mining-stocks-may-barely-have-started/

The Rally In Gold Mining Stocks May Barely Have Started
https://www.forbes.com/sites/simonconstable/2020/07/28/the-rally-in-gold-mining-stocks-may-barely-have-started/

Who https://www.morningstar.co.uk/uk/news/AN_1598001536430158600/who-prequalification-for-omega-diagnostics-hiv-advanced-disease-test.aspx

https://www.ii.co.uk/analysis-commentary/stockwatch-gold-and-two-small-caps-providing-good-news-ii512520

Interested in the Boohoo share price? Here’s what you need to know

https://www.fool.co.uk/investing/2020/08/22/interested-in-the-boohoo-share-price-heres-what-you-need-to-know/