Share Name Share Symbol Market Type Share ISIN Share Description
Ariana Resources LSE:AAU London Ordinary Share GB00B085SD50 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 1.80p 1.70p 1.90p 1.80p 1.80p 1.80p 1,189,679 07:39:07
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -1.5 -0.2 - 14.58

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Ariana (AAU) Discussions and Chat

Ariana (AAU) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
27/09/2016 14:55:511.8455,0001,010.90O
27/09/2016 14:52:291.7640,000705.60O
27/09/2016 14:49:351.76400,0007,056.00O
27/09/2016 14:32:481.7696,2801,696.45O
27/09/2016 11:40:411.85107,7531,988.04O
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Ariana (AAU) Top Chat Posts

DateSubject
27/9/2016
09:20
Ariana Daily Update: Ariana Resources is listed in the Mining sector of the London Stock Exchange with ticker AAU. The last closing price for Ariana was 1.80p.
Ariana Resources has a 4 week average price of 1.79p and a 12 week average price of 1.71p.
The 1 year high share price is 2.08p while the 1 year low share price is currently 0.70p.
There are currently 809,875,123 shares in issue and the average daily traded volume is 2,025,911 shares. The market capitalisation of Ariana Resources is £14,577,752.21.
18/9/2016
13:53
plasybryn: Hi soulsauce: Couple of points on the P.G. report. 1. Their 2.71p isn't much changed from Beaufort's 2.79p in February. 2. A conservative target is good in one way as it avoids an influx of day & "T" traders causings spikes up & down. 3. They have over quoted the the results of the Scoping Study at Salinbas (1.09m ozs versus 650,000 ozs) 4. I am not sure if their loan repayment start quarter is right. They say loan repayments start in Q3-2018 & continues to Q3 - 2021. This is important to quote correctly as it has a big impact on the EPS calculations. 5. They did provide some useful data we haven't seen before, which to my knowledge no one has commented upon. a) Page 17: share price target matrix comparing different risk & gold prices. b) Page 17: production & cost profile. This shows how high the costs might be during the process to optimisation and shows how long it might take to reach full production. Based on this alone investors shouldn't get too far in front of themselves with targets. c) Page 17: free cash flow & net cash balances. d) Page 3: "further investment of $1m through to FY 2019 to increase processing capacity to 200ktpa" - perhaps investment in another Ball Mill? e) Page 4: "We have assumed at least $0.5m in exploration pa as well as $1m in expansion capital at the Kiziltepe processing plant". New information? On a NAV basis, my own valuation arrives at a Market Cap of £34m now which means a share price of c. 4p. The current drill program & Salinbas etc. are expected to enhance this.It is difficult, IMO until the numbers are confirmed (costs, loan repayment start date, investments needed etc.) to arrive at a sensible trading eps. But which ever way you cut the cake the upside even in the short-term is very attractive. Just my opinion of course. Not a recommendation.
11/8/2016
23:09
crossfirecssf: I'm not sure of the exact timescales Mr Jones. It generally takes around ten years on average, and I think Aau are on the longer side of that average. The good news, for those that know this, is that you can miss out the long, boring, dilutive, exploring, descending share price years, and buy in when all the hard work's been done, at about a tenth of the original shareprice, and not only save yourself ten or more years of pain and being basically conned out of your original investment through ten-bagger share dilution, but get on at effectively the ground floor and ride the shares all the way back up. Buying in on a junior in an IPO is in my view pretty much a guaranteed way to lose 90% of your money, but 'today' is already another juniors 'tomorrow', so there are always a selection of good juniors that have already done the ten years of dilution and are ready for the shareprice growth phase as they enter production. This is the juncture at which we find ourselves currently with Aau. A few weeks from mining and the inevitable re-rating that'll come with it. We've already more or less doubled this year, and all being well, we should see another double before the new year. Interesting times here, that's for sure...
05/8/2016
10:35
charles clore: 42Col - I agree that there is a lot to look forward to in the coming months. The one thing that bugs me slightly is, placing aside, the share price is still in the same kind of sideways channel as in May when we were waiting for Lansted to finish selling. So despite the excellent good news and prospects of income a matter of only several weeks away now AAU has virtually stood still while some explorers that are much further away from production have multi bagged. Consider this - if I was Kerim and wanted to halt the July share price rally in its tracks I can think of nothing more effective to do so - than a placing!
22/7/2016
07:51
bigglesbingham: My observation is that cost increasing resource in mine which isn't operating is not directly proportional to increase in share price. In other words the share price gets hammered due to actual dilution (and as word gets out there will be a dilution leads to a reduced price) but the share price doesn't increase/recover on announcement of resource. Hopefully this may not apply as we go into production but let's see. Think I'd have let momentum continue and do additional drilling campaign once in production. Then a dilution would have been at a higher price or better still DKO would have come off! Thoughts would be appreciated as this is just my gut reaction.
15/7/2016
22:50
ebomber: Unfortunately political events will adversely impact AAU share price on Monday. Just hope it is short term............
10/7/2016
19:48
charles clore: Biggles - every precious metals mining investor knows the sector has been through a very bearish 5 years and during that period AAU entered into a shares for cash arrangement. This meant that shares were being sold by Lanstead continuously for almost 3 years which depressed the share price and prevented any sustained rally. Take a look at any other miner or explorer since 2011 and you will see a similar drop in share price. Earlier this year the Lanstead agreement ended, and at the same time gold and silver has coincidentally begun to rise strongly. This has caused some producers and explorers with good assets to rally strongly but AAU has lagged the curve because Lanstead was still selling the last of their shares and held the price down. But the consensus on this thread is they are now out. The downward pressure is therefore off the price and I would not be surprised to see 4p before the end of this year. With production starting in h2. IMHO, DYOR etc.
05/7/2016
10:11
charles clore: From the latest final results: The consideration from Lanstead has been treated as a non-derivative financial asset and its fair value has been determined by reference to the Company's share price at the balance sheet date as measured against a benchmark price of 1.33 pence for the first equity swap agreement and 1.20 pence per share for the second agreement entered into during this year. If the actual share price exceeds the benchmark price during any of the 24 settlement months, the Company will receive more than 100% of the monthly settlement due. Should the share price fall below the benchmark price, the Company will receive less than 100% of the expected monthly settlement on a pro rata basis. The final settlement under this agreement was received in March 2016. I am guessing this means that whereas during the settlement months of the agreement if the share price exceeded the benchmark price (1.2p) Lanstead would have to give some of that excess sales proceeds to AAU, now that the agreement has ended they are free to take whatever they manage to squeeze out of the market for the stock they still hold. So this may be why the price is being allowed to move up.
04/3/2016
17:45
plasybryn: Have you listen to the mining maven podcast?- see post 11.28 earlier today. Ariana is covered in the last quarter. Gervaise said with gold c. $1500 he could see AAU share price c. 15p over time.
04/3/2016
13:13
42col: Decoma Miners share price up 18%. Could be important for the future AAU share price
10/2/2016
16:37
soulsauce: Just a reminder:- The Equity Swap In addition, the Company has entered into an Equity Swap Agreement with Lanstead, which allows the Company to retain much of the economic interest in the Lanstead Subscription Shares. The Equity Swap Agreement will allow the Company to secure much of the potential upside arising from near term news flow. The Equity Swap Agreement provides that the Company's economic interest will be determined and payable in 24 monthly settlement tranches as measured against a Benchmark Price of 1.2 pence per share. If the measured share price exceeds the Benchmark Price, for that month, the Company will receive more than 100 per cent of the monthly settlement due. There is no upper limit placed on the additional proceeds receivable by the Company as part of the monthly settlements. Should the share price be below the Benchmark Price, the Company will receive less than 100 per cent of the expected monthly settlement on a pro rata basis. Of the Lanstead subscription proceeds of £190,000, the Company will use £38,000 for working capital and £152,000 for investment in the Equity Swap under the Agreement as described above. In no case would a decline in the Company's share price result in any increase in the number of ordinary shares received by Lanstead or any other advantage accruing to Lanstead. The Company will also issue 2,111,111 new ordinary shares to Lanstead in consideration for the Equity Swap Agreement. The mid-market price of an ordinary share at the close of business on 27 January 2014 (being the latest practicable day prior to the publication of this announcement) was 1.035p. Application has been made for the 2,111,111 new ordinary shares of 0.1p each, which when issued will rank pari passu with the existing shares in issue, to be admitted to trading on AIM and such admission is expected to become effective on 4 February 2014. The Directors consider that the arrangements with Lanstead provide the Company with flexibility in continuing to advance the Red Rabbit Project while realising results as well as maintaining a constant source of funds covering a substantial part of the Company's longer term cash flow requirements. Following the issue of the new ordinary shares, the Company's issued share capital will consist of 642,616,141 Ordinary Shares with a nominal value of 0.1p each, with voting rights (“Ordinary Shares”). The Company does not hold any Ordinary Shares in Treasury. Therefore the total number of Ordinary Shares in the Company with voting rights is 642,616,141.
Ariana share price data is direct from the London Stock Exchange
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