Business
Hardman & Co Research on Anglo Asian Mining (...
Hardman & Co Research on Anglo Asian Mining (....
About this update from Anglo Asian Mining Plc
[{"type":"text","content":"\n \n \n \n\n\nHardman & Co Research\n\n\n\n\n\n\nHardman & Co Research on Anglo Asian Mining (AAZ): Growth in copper production poised to explode 10-May-2023 / 07:15 GMT/BST\n\n\n\nThe issuer is solely responsible for the content of this announcement.\n\n\nHardman & Co Research on Anglo Asian Mining (AAZ): \n\nGrowth in copper production poised to explode\n\n \n\nAAZ is embarking on an expansion that will create a much larger mining business, extending well beyond its flagship Gedabek contract area (“Baseline Gedabek”). The company was awarded three concessions in 2022 at no cost, each containing a substantial copper deposit: Xarxar with nearly 100kt, Garadag over 300kt and Demirli estimated at 200kt. The staged development of the integrated Xarxar and Garadag project (“Copper 1”) and Demirli (“Copper 2”) will transform AAZ from a small-cap gold miner to a mid-sized copper producer with c.50kt p.a. of copper production, and significant gold and zinc by-products. We estimate an aggregate valuation for Baseline Gedabek + Copper 1 – Xarxar and Garadag + Copper 2 – Demirli of 214p per share.\n\n \n\nPlease click on the link below for the full report:\n\nhttps://hardmanandco.com/research/corporate-research/growth-in-copper-production-poised-to-explode/\n\nIf you are interested in meeting the company, you can register your interest by clicking on the above link\n\n\n To contact us:\n\n Hardman & Co1 Frederick’s Place\n\n London\n\n EC2R 8AE\n\n www.hardmanandco.com\n\n Follow us on Twitter @HardmanandCo\n \n \n Contact:\n\n Paul Mylchreest\n\n +44(0)203 693 7075\n \n \n \n\n [email protected] \n \n Hardman & Co Research can still be accessed for free after MiFID II. Please click here to read the statement.\n\nAbout Hardman & Co: Hardman Research Ltd, trading as Hardman & Co, is an appointed representative of Capital Markets Strategy Ltd and is authorised and regulated by the Financial Conduct Authority; our FCA registration number is 600843. Hardman Research Ltd is registered at Companies House with number 8256259. Attention is drawn to the important disclaimers at the end of the report.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nDissemination of a CORPORATE NEWS, transmitted by EQS Group.The issuer is solely responsible for the content of this announcement.\n\n\n\nEnd of Announcement - ...