Ariana Resources Share Discussion Threads

[soulsauce] 23/4/2024 19:13

That's about the size of it Charles. They can do what they like, they have no accountability to shareholders that I can see so long as they comply with the Aim rules.
But if we are honest we have all known this for some time 🤷‍a94;️

[charles clore] 23/4/2024 18:48

So in other words Soul, just suck it up and like it?

[soulsauce] 23/4/2024 18:06

I think we have already been there with those suggestions Charles.
Biggles has tried on several occasions via Yellow Jersey and in no uncertain terms if you remember but nothing changes.

[charles clore] 23/4/2024 17:47

Soul - perhaps one of the more important shareholders could apply a little influence to the situation. Other than that, we might have to wake the bod up with some "shareholder action". I'm sure we have some rights hidden somewhere.

[soulsauce] 23/4/2024 17:04

No-one can Charles.
Have to say I really thought there would be news today.
There is so much we are awaiting but there must be plenty they can update on, especially around Tavsan given they don't want to say much by other means.
And I guess we aren't going to get a production forecast after all. Another thing removed that we can gauge the performance of the company, but why do us mere shareholders need to know.

[charles clore] 23/4/2024 16:56

I can't understand what the bod hope to gain from such a ridiculous news restraint policy.

[xow98] 23/4/2024 16:34

Share price 2.83 two years ago 4.35 ...

[shortarm] 23/4/2024 16:33

It is jolly rude

[jaf1948] 23/4/2024 16:32

The Omerta practised by the BoD used to be mildly amusing but it has descended into simply bad corporate management.

[tnt99] 23/4/2024 16:04

Gold price over 2350 two years ago 1200 nuff said

[tnt99] 23/4/2024 16:03

Silence is golden

[dixi] 23/4/2024 07:04

Wall of silence looks set to continue, could it really be next results report before any updates!?

[soulsauce] 22/4/2024 21:33

Unfortunately the tri party JV does make it messy for a quick and easy out but where there is a will........

[bigglesbingham] 22/4/2024 20:51

No I'm thinking only parts of salinbas operation sold off. But I'm also thinking procea and possibly ozaltin will be included in dowke IF it goes ahead. Poss sell off HIZ to SSR the hot maden operators. Ozaltin have a guy tasked with developing their gold mining arm and he respects Kerim. Dowke too big to go alone and why not use partners you know and who are comfortable with. All conjecture on my part. But if I felt dowke was so good it cannot be passed up then that's what I'd look to do.

[dixi] 22/4/2024 19:45

As Salinbas is part of the JV, but Dokwe is an Asgard project are you thinking AAU would sell off its stake in Sainbas to Ozaltin/Proccea? Not sure how well that might go down?

[bigglesbingham] 22/4/2024 19:15

I think parts of it will be sold to raise money for Dowke . Just a gut reaction but we will see.

[paul280i] 22/4/2024 17:55

What I want to hear is an amount and a date for dividend payment. I'd be surprised if I'm still around to see Salinbas in production.

[shortarm] 22/4/2024 17:47

How many times does he have to say dividends ?

[jaf1948] 22/4/2024 17:02

I am still totally confident that however much revenue Ariana generates in the next few years, Kerim will find places to spend it rather than rewarding the long-suffering shareholders.

[soulsauce] 22/4/2024 16:46

Hopefully it will be sold Charles.
The pace it is currently going at it could be well into the 2030s.

[shortarm] 22/4/2024 16:38

That's the spirit! Unbridled optimism lol

[charles clore] 22/4/2024 16:37

That's right. It will be sold well before then.

[soulsauce] 22/4/2024 16:01

Don't worry paul there is unlikely to be a mine at Salinbas Ardala before the end of the decade.

[shortarm] 22/4/2024 14:44

I know what you mean but I guess that is down to individuals timelines?.100k from salinbas plus 30 from Tavsan - that would be nice!