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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Ariana Resources Plc | AAU | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.075 | 3.09% | 2.50 | 14:03:12 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 2.425 | 2.25 | 2.50 | 2.50 | 2.425 |
| Industry Sector |
|---|
| MINING |
| Announcement Date | Type | Currency | Dividend Amount | Ex Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| 20/07/2021 | Special | GBP | 0.00175 | 18/08/2022 | 19/08/2022 | 03/10/2022 |
| 20/07/2021 | Special | GBP | 0.00175 | 03/03/2022 | 04/03/2022 | 25/03/2022 |
| 20/07/2021 | Special | GBP | 0.0035 | 26/08/2021 | 27/08/2021 | 24/09/2021 |
| Top Posts |
|---|
Posted at 26/4/2024 20:39 by konil jeeeeezzzzz, turn my head for 2 days and i come back to 350 posts.everything has been covered by everyone so i only have 3 points: 1. biggles was on the money when he thought ks would hang onto dokwe and i was waaaayyyy off when i thought ks would look for a quick monetisation opportunity and exit. i regret that and wish it had been the other way round for reasons below. 2. strange how they have already 'priced' the purchase of dokwe without knowing the total cost to get to first gold pour?????? it may be that the out-of-date pfs is ok because the variables appear to be on the upside, but until a *bfs* is done its still a lot of fita. 3. the main point - risk!!! aau had become a relatively safe small miner, with good income, no debt and a portfolio of manageable value accretive exploration projects to work on, but now it has taken on a project the size of which compared to the size of aau makes it a very risky entity - financially because even with income from kizil and tavsan probably lots more dilution to come beyond the 688m shares so far. the get out could be if aau have sufficient resources (cash, gold holdings, income) to navigate this at limited further dilution. and assuming non-equity funding will be available when needed. - politically because despite all the positive noises (well what else would ks say), zimbabwe is still frontier territory - corporately, with unknown jv's/deals to be done, and at an uncomfortable size for aau, to enable progress at dokwe. (could newmont wade in and gain an outsize holding relative to their buy-in cost due to their muscle?) plus a rather unwelcome dual listing for aau from a uk shareholder viewpoint. 3 years, probably more like 6, is a long time for a company the size of aau to carry this size of risk. and if they want to offset that risk will existing holders get heavily diluted in the process? this is not the company profile i invested in with overweight allocation of my funds. they might have done better to scale down dokwe ambition and focus on venus/apliki, but therein lies another tale and i feel we have been blindsided on that. of course all these thoughts are on scant detail but has ks's ambition together with an overly chummy association with dokwe proponents led ks down the wrong path? great geologist? yes! great corporate strategist? |
Posted at 26/4/2024 10:01 by excellance There is definitely more to this than meets the eye.My opinion is that some of the relationships are not good in the AAU portfolio of minor interests in various projects and extended timelines and increased capital requirements that AAU are powerless to control mean that the company simply must clean up the portfolio. The next news will be of a sale of assets. First to go could be the Venus fly trap, followed by Kosovo, and you can pick your choice of Turkish junk to dump, tho there are a couple of reasonable projects on the face of it assuming relationships are good which I seriously doubt. |
Posted at 25/4/2024 19:20 by charles clore Thanks - agreed we need more information and a vote. Let us not forget who AAU belongs to. Having said that I believe quite strongly that gold, silver and all other precious metals will surge in value in the coming months regardless what the company does. AAU could be run by the abominable snowman and still do well. All Kerim has to do is stake ownership on a decent deposit and this is what he is doing. Have a look at the latest trend in miners and their share prices. It seems that those with poor economics are rising to the top of the stack. So all we have to do is wait to be "discovered". |
Posted at 25/4/2024 07:42 by jaynesdad I'm not judging anything at the moment because I don't have the wit, but there will be some indication from the market reaction. I like 25% IRR at a bit over $1600 PoG when we are currently $2300. I agree with Plasbryn that the divi is under doubt at first glance because a plant has to be built which is all down to AAU. Will a new JV happen post merger? If it comes off it sounds cosmic. My other immediate question is the ASX listing, presumably AAU ceases to be IHT friendly which is important do us old codgers? |
Posted at 06/4/2024 18:08 by renniks2016 Hi Soul, the PMM basket is full of all sorts, yes AAU are a big part of it, but there are 8 others that make up the 'basket' these range from pure exploitation to royalties and a few in between, away from PM's there are a few more to worry about than AAU! But that's investing for you. FWIW I only have four gold plays in my SIPP and ISA, AAU, NEW,FNV,WPM. All of which are long term hopes. (5 years+) but I won't be adverse to exiting if I think the time is right. Perhaps we should have a whip round and do some promotion ourselves! But count me out till end of May, then I'll be happy too. The Wiltshire water is mighty fine Plas. But I'm naturally an optimistic guy though. |
Posted at 02/4/2024 18:41 by kaos3 nothing new AAU chartworm going into same direction bodgit - same here in my other shares divis at 10 pc got me 40 pc capital back in 4 years since i am invested in AAU. plus i got capital accumulation as not all profits were distributed. when worms goes north out of the channel i will be adding gold and aau share price are not correlated imho. and there must be a reason for it..... which is strange as aau is a PRODUCING gold miner. so - correct me if i read chart wrong gold up 20 pc aau down 50 pc in the same period but wtfdik and i am in the club - great.... i will be buying more cheaper. meaning ... good it gets cheaper - is it not .... an opportunity if any |
Posted at 29/3/2024 12:02 by konil with reference to recent posts above, here's an excerpt from 23100:...this secures cashflow for aau for 10 years and quite likely longer. stab in the dark i'd say we could see 35k from tavsan across the two processing sites and 15k ongoing from kizil and satellites. so twice the nominal number suggested, approaching 3-fold increase on current production. that provides plenty of cash to progress the other projects and perhaps a regular dividend. i'd like to think the divi would start q2/q3 2025. now, what's happening elsewhwere in the aau portfolio? who knows but until its confirmed differently i still reckon ks is lining up dokwe for a sale followed by a special divi. |
Posted at 28/3/2024 08:58 by konil thanks for the link renniks.it is as many on here thought...i.e. 25,000 is really an arbitary nominal number. however, ks unwilling to suggest probable actual numbers. if they continue with original plans then 30,000 from tavsan looks base case because with tavsan ore being processed at two locations its likely they will comfortably exceed that. the kizil output is less clear, the results at kizil and also at satellite locations suggest the resource will continue to grow with ongoing drilling, so the remaining mine life there (excluding tavsan ore) could likely exceed the current expectations by some years but ks playing that even more cagily. lack of detail aside its clear that the results have transformed the way aau are now considering the ore bodies, especially with further drilling to come to test the high grade intercepts at tavsan. should that confirm their modelling there will be another large resource uplift in time. strategically this secures cashflow for aau for 10 years and quite likely longer. stab in the dark i'd say we could see 35k from tavsan across the two processing sites and 15k ongoing from kizil and satellites. so twice the nominal number suggested, approaching 3-fold increase on current production. that provides plenty of cash to progress the other projects and perhaps a regular dividend. i'd like to think the divi would start q2/q3 2025. now, what's happening elsewhwere in the aau portfolio? who knows but until its confirmed differently i still reckon ks is lining up dokwe for a sale followed by a special divi. |
Posted at 14/3/2024 16:36 by jaynesdad The Starvest posts suggest that they have had GGP shares but haven't got their AAU share distribution yet. Also that the costs of the liquidation may even mean there isn't any AAU shares left to give out to shareholders. That in turn would mean that Starvests AAU shares will be sold in the market rather than retained, probably what we are seeing because of the recent price. |
Posted at 22/2/2024 13:12 by doinnuthing Re StarvestI was not a holder but looking at the comments on here / starvest web site & chat page. The liquidators notified via a post on the Starvest web site that GGP shares were being allocated on 19 January at virtually the same ratio as was previously announced. Then Somebody posted that they had received their shares to their account on 26th Jan - so seems one week timescale. No mention of AAU. As no post re AAU yet no distribution so no former Starvest shareholders "dumping". Possibly this is (my speculation and possibly inferred in some pearlier posts) that the liquidators need to liquidate some of the AAU shares before distribution to cover their costs (although their fee was only £10,000 plus Category 1 expenses?)this may be some of the sales we have been seeing but not much unless there are substantial other costs involved. Again speculation when the Starvest liquidation was mentioned the AAU share price was around 3p so possibly more shares have had to be sold than expected to cover the costs than originally expected. It will be interesting to see if the allocation rate is now much lower than originally envisaged when the announcement comes out as this will indicate they have sold more shares than originally anticipated. Just my thoughts ..... |
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