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Anglo Asian Mining posts profit for 2017 and cuts net debt

Anglo Asian Mining

Anglo Asian Mining Plc's (LON:AAZ) Bill Morgan tells Proactive that the company, despite a loss-making first half, managed to turn profitable in the second half of 2017 and thus post a profit for the full year.

He adds that a strong cashflow also allowed the company to cut its net debt down to £18mln from £35mln at the start of the year.

Morgan also says the company is now considering paying a dividend to its shareholders.

Quick facts: Anglo Asian Mining PLC

Price: 126.5 GBX

AIM:AAZ
Market: AIM
Market Cap: £144.71 m
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