Ariana Resources Share Discussion Threads

[jaynesdad] 19/6/2019 23:11

Well a healthy POG will certainly help! We may find that higher cost producers react more positively to a higher POG than AAU - because their profits will be proportionally more affected. I'm more than happy to see a steadily increasing SP, 3 steps forwards 2steps back gets a bit tedious after a time

[jaynesdad] 19/6/2019 22:46

McM
Hate to be miserable but its now the 19th June, virtually the end of the quarter. The gold is sold throughout the quarter at the spot price applicable at the time of sale. Therefore the recent rise in POG will only apply to a small part of this quarters output. Sadly I doubt your figure of an additional $500k

[alwaysevolving] 19/6/2019 22:45

Now the fed has effectively said the next move will more than likely be a cut I can see gold taking 1400 out before too long.

[nov31] 19/6/2019 22:29

Gold at $1,360 and climbing....all the stars are aligned for AAU now!

[mcmather] 19/6/2019 22:21

It could add an additional $500,000 to this* Q's coffers.

Now corrected / edited thanks to JD; this should have read next quarters (ie July- Sept 2019).

[drh3] 19/6/2019 22:01

The fed threatening rate cuts is helping gold's ascent to new highs it seems...

[le0nard] 19/6/2019 19:25

JC

Honest question what metrics and what peers are you referring to?

I will whisper it but I think AAZ is pretty fully valued in comparison to its peers at its current level.

[jc2706] 19/6/2019 16:41

For an AAZ style re-rate, I suspect we would have to have pretty convincing evidence that Salinbas is the next Hot Maden. Of course, if gold shot to record highs and kept going that would do it as well but, then again, all goldies would be 'doing an AAZ' in that case, including AAZ.

I will whisper it but I think AAZ is pretty fully valued in comparison to its peers at its current level.

[dixi] 19/6/2019 16:23

Well re AAZ - it shows what a decent broker can do!!

[dibs61] 19/6/2019 15:56

Forbes Article on KS:

[deanmatlazin] 19/6/2019 15:25

Our time will come when the share price will go up like AAZ

[soulsauce] 19/6/2019 12:42

Agree Kirbs it seems set for the next leg up and hold well above 2p if we can kick it on now.

[kirbs4] 19/6/2019 12:34

Soul that is why i was hopeful of an indicative post RE:Salinbas drilling asap.. Greedy i know, and impatient, but imo would stop the share price having its usual drop back before next news.

[soulsauce] 19/6/2019 12:28

Well a whisper of decent results from Salinbas Charles but may be the diversifying they have talked of so long or may be another slug of money from the JV and having found a way of returning it to shareholders.
Quite a few possibilities.

[charles clore] 19/6/2019 12:05

soul - every possibility imho, what kind of left field were you thinking?

[soulsauce] 19/6/2019 11:33

The share price graph is looking very tantalising for a little nudge though that could add 15%. Will that nudge come from Salinbas or left field?

[swallowsflysouth] 19/6/2019 10:44

Charles, while the leaps and bounds might be more exciting i feel the slow momentum of two steps forward, one step back is more stable.

[kirbs4] 19/6/2019 10:08

I dont mind the creep, at least we avoid the +30%, - 8%, +10%, - 11% days!

[charles clore] 19/6/2019 09:43

Shorty - yes its creeping when it should be leaping up 0.25p a day imho well overdue.

[shortarm] 19/6/2019 09:34

Sells at 2.08p - its creeping up.

[bigglesbingham] 18/6/2019 18:13

Sod's law first time ever they leave price at last sell rather than mid

[jaynesdad] 18/6/2019 16:14

I agree. I have always assumed it was the latest deal, which for a share with infrequent deals and a large spread can make alarming viewing!

[bigglesbingham] 18/6/2019 16:09

Wish ADVFN would show actual spreads rather than highest buys and lowest bid

[jaynesdad] 18/6/2019 16:05

2.08 bid, 2.19 offer. Is our little secret leaking out to a wider audience?? In danger of making some decent money here. Quite unlike JaynesDad!