Ariana Resources Share Discussion Threads

[charles clore] 07/5/2019 10:51

Soul - fair comment but this stock is still cheap based on earnings and market cap. Another year will see the price much better imho but getting the timing right is obviously difficult. I feel that some are going to miss the boat.

[jaynesdad] 07/5/2019 10:23

In fairness I don't think that anything stunning was expected here. The RNS is very 'geological', and I don't know how to interpret 'infill drilling'. My best guess is the bit that spans between good bits! At the end of the day they blend the grades that get processed to stabilise average grades, so lower grade ore is needed and used. Furthermore I seem to recall Kerim talking at a previous meeting about Kiziltepe LOM extension being partially achieved through a heap leaching process on the poorer quality material that inevitably results during the mining of an area. The tone of the RNS seemed upbeat.

[soulsauce] 07/5/2019 09:56

I guess the market response to those drilling results is about right. More resource added which is never a bad this but grades pretty average at best.
Hopefully Kizilcukur will be much better.

[jaynesdad] 07/5/2019 08:27

RNS available on infill drilling at Arzu North.
I don't pretend to understand it but the tone is that it is yet more good news, providing a potential large resource of low grade ore which will help in extension of Kiziltepe LOM

[jaynesdad] 06/5/2019 17:58

Hi Mr Duke
Nice to have someone new to the board.
Mine's Chateauneuf du Pape if that's ok, though if that's a bit pricey any nice red plonk will do!

[bigglesbingham] 06/5/2019 10:22

Guinness for me !!!

[bigglesbingham] 06/5/2019 10:20

Ain't we all!! Good luck

[theduke420] 05/5/2019 13:31

Such a small market cap for such a great company. Looking forward to Kizilcukur drill results soon. I Would love to meet up with the board and fellow investors one day. I live in Northern Ireland so too much travelling for now.. Im in for the long run and if Salinbas comes good drinks are on me!

[plasybryn] 05/5/2019 13:01

Well done TheDuke. AIM is a bit of often a bit of a cesspit and you do have to be very careful. Ariana Resources however, has a lot of long term private shareholders, some with quite a lot of money invested. The reason I suspect is that above all else, they like the Board and trust them. The Board have "skin in the game" and have continued to increase their holdings, so are aligned with shareholders. We also like the fact that the Co is making money. You can't say that about most commodity stocks on AIM. And of course the debt to fund building the mine is not far off being extinguished - mostly by the end of this year and completely by next April. That means free cash flow will increase significantly. If we postulate that Ariana's profits will then be around £8m p.a, that means the Co. is currently valued at just 2.5 times earnings, which I'm sure you'll agree is wrong and will have to adjust at some point over the next 6 months or so.
This current valuation of course takes no account of the other assets, some of which are 100% owned by Ariana, like of course the highly regarded Salinbas. Salinbas as explained in the Forbes article has the potential to be a Co. maker on its own for Artiana. So I don't know how you managed to pick Ariana out of all the shares to choose, but personally I think you have made a very wise and informed choice. Why not try and attend the AGM in London at the end of June (date not announced yet) to meet the Board and some fellow investors? Good luck.

[theduke420] 05/5/2019 12:02

Hi Plasybryn
Im not sure on the circulation size I came across it on Google and thought id share here.
I rarely post online but have been following Ariana on advfn and lse for a few months now. Im new to investing and have enjoyed reading everyone's comments and learning more about this company. Im quite proud of my small holding as this is my first investment in shares and have fallen a little bit in love with Ariana!

[plasybryn] 05/5/2019 11:30

The Duke420: Does that have a large circulation?

[scorscribler] 04/5/2019 20:46

Yellow jerseys handiwork perhaps?

[catsick] 04/5/2019 15:58

Very nice to get to get a puff piece in Forbes....

[bigglesbingham] 03/5/2019 12:40

Debt being repaid nicely plenty of news flow , plenty of consolidation above 1.8 sets a nice floor moving forward.

[plasybryn] 03/5/2019 11:27

It needs more volume. Perhaps the imminent drill results, if above expectations, will be the catalyst? Then over the next month or so I expect there will be growing excitement regarding the Phase One 2000 metre drill program at Salinbas. Sit tight.

[charles clore] 02/5/2019 20:37

The amazing thing is that you can still buy these for less than 2p. I don't think this will continue for much longer.

[8rad] 02/5/2019 19:43

CC the drill will increase his confidence(and ours) in this project but I cannot be but excited by what may occur here because of great possible opportunities at Salinbas and region . Because of our backstop namely Kiziltepe we can prosper bigtime with or without a favourable wind... it only matters by levels.

[charles clore] 02/5/2019 12:55

Kerim has improved his presentation skills quite dramatically I am very pleased to say. I feel that his increased confidence has played a major part in this and I hope it continues.

[carcosa] 02/5/2019 11:20

Another video out today:



Kerim Sener, Managing Director of Ariana Resources, provides an update on operations from the Company's shareholder meeting.

Seemed impressed by the shareholders who attended :-)

[xow98] 02/5/2019 11:15

Today's FT

Central bank gold buying buoys global demand
China and Russia lead 68% increase in central bank gold purchases in first quarter

[thanksamillion] 01/5/2019 16:18

Gold going up, silver down. Not usual to see such a divergence.

[bigglesbingham] 01/5/2019 15:04

The chappy from lse says he can't see what will ignite the sp??? Well salinbas for one

[michaelmcandrew] 01/5/2019 14:56

Largely agree with the additional comments. However, my recollection is that they were pretty clear that returns to shareholders would not be a priority once the loan is paid off and there is free cashflow. Frankly, they would be barmy to return cash and then borrow to finance exploration. Speculate to accumulate and all that!

[bigglesbingham] 01/5/2019 14:55

Nice spot soul??derisked it was!!!