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Finally I'm not alone on this board fighting some really negative people here who think that gold is going to bust .... Aaz is also going bust .... Ignoring how wonderful the last rns was....where it was clearly written that ugur productions are exceeding the expectations while its just the initial state....!!! I think some people on here have sold and now they know the potential and where it could be in near future they just want to get in but at a lower sp so trying hard to drag it down but unfortunately they will not succeed.....!!!
Ugur production figures are exceeding the expectations as stated in the last rns. . ....!!!! PoG is always fluctuating on daily basis....so its not something to worry about....those spreading negativity on this bb have already missed the boat and wants to get in by deramping and dragging the sp lower so that they can buy ....but its not going to happen so buy now else u will regret later.....!!!
Its flying because of the latest rns that was released a few days ago. Here's the link http://www.lse.co.uk/regulatory-news-article.asp?ArticleCode=aoypbfaw&ArticleHeadline=Commencement_of_Production_from_Ugur_Open_Pit_Mine
Commencement of Production from Ugur Open Pit Mine Wed, 13th Sep 2017 08:00 RNS Number : 6004Q Anglo Asian Mining PLC 13 September 2017 � Anglo Asian Mining plc / Ticker: AAZ / Index: AIM / Sector: Mining � 13 September 2017 Anglo Asian Mining plc Commencement of Gold and Silver Production from the Ugur Open Pit Mine at Gedabek licence area, Azerbaijan � Anglo Asian Mining plc ("Anglo Asian" or the "Company"), the AIM listed gold, copper and silver producer, is pleased to announce the commencement of production at the Company's latest mine, the Ugur Open Pit Mine ("Ugur"), located at its Gedabek licence area ("Gedabek") in Western Azerbaijan. � The Directors are pleased to report that Ugur is already making a highly significant contribution to Anglo Asian's production. The average daily gold production in the form of gold dor� for the period from 1 to 10 September 2017 was 212 ounces which is 116 per cent. higher than the average daily production for the previous eight months. This average daily production is expected to increase further as Ugur moves into full production. � Highlights � ���� Significantly increased average daily gold production from Ugur - average daily gold dor� production for first 10 days of September has more than doubled compared to the average daily production of the previous eight months ���� Mining conducted by conventional shovel and truck haulage before crushing and agitation leaching treatment ���� Ugur ore treated only by agitation leaching - flotation plant is now independently processing mainly high sulphide stockpiled ore ���� Production at Ugur being conducted in parallel with optimisation and expansion initiatives across Gedabek to deliver a long-term, sustainable and profitable mining operation � Anglo Asian CEO, Reza Vaziri, said "Progressing from discovery to production in a year is a significant achievement and underlines Anglo Asian's confidence that the Ugur deposit will be an important contributor to the Company's future production. Indeed, the impact on gold dor� production has already been significant. The average daily ounces of gold produced as dor� has more than doubled so far in September compared to the previous eight months.� � "Bringing Ugur into production now, whilst we undertake the previously reported optimisation and expansion initiatives across our wider Gedabek licence area, will offset the anticipated decrease in gold production from our main Gedabek open pit due to the changing composition of the ore. With this in mind, we are pleased to reconfirm our production forecast of 64,00