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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Ariana Resources Plc | LSE:AAU | London | Ordinary Share | GB00B085SD50 | ORD 0.1P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.05 | 2.00% | 2.55 | 709,914 | 08:24:51 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 2.40 | 2.70 | 2.60 | 2.50 | 2.50 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Gold Ores | 4.03M | 0.0035 | 7.29 | 29.23M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 09:31:15 | O | 126,000 | 2.411 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 09/5/2024 | 07:00 | UK RNS | Ariana Resources PLC Dokwe Gold Project Revised Pre-Feasibility Study |
| 03/5/2024 | 07:00 | UK RNS | Ariana Resources PLC Attendance at 121 Mining Investment, London |
| 01/5/2024 | 16:37 | ALNC |  TRADING UPDATES: Norcros sets out strategic aims; Synthomer seals sale |
| 01/5/2024 | 07:00 | UK RNS | Ariana Resources PLC 2024 Production Guidance |
| 29/4/2024 | 07:00 | UK RNS | Ariana Resources PLC Ariana Resources to host Investor Webinar |
| 25/4/2024 | 13:12 | ALNC | Ariana Resources agrees all-share merger with Zimbabwe project owner |
| 25/4/2024 | 07:00 | UK RNS | Ariana Resources PLC Merger with Rockover Holdings and Dual-List on ASX |
| 11/4/2024 | 17:37 | UK RNS | Ariana Resources PLC Holding(s) in Company |
| 28/3/2024 | 10:28 | ALNC | TRADING UPDATES: Develop North net asset value down amid rising rates |
| 26/3/2024 | 07:00 | UK RNS | Ariana Resources PLC Resource and Reserves Update |
Ariana Resources (AAU) Share Charts1 Year Ariana Resources Chart |
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1 Month Ariana Resources Chart |
Intraday Ariana Resources Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 09/5/2024 | 09:17 | Ariana Resources - Gold, Copper and lots of cash! | 24,496 |
| 09/5/2024 | 07:14 | Ariana Resources PLC - aiming for 50k oz gold production in 2020 | 203 |
| 04/5/2024 | 11:20 | *** ARIANA RESOURCES *** | 276 |
| 20/12/2023 | 19:19 | help overview aau | 2 |
| 22/6/2023 | 14:05 | AGM …… What to expect? | - |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 08:31:16 | 2.41 | 126,000 | 3,037.86 | O |
| 07:35:54 | 2.62 | 38,167 | 999.98 | O |
| 07:24:26 | 2.50 | 25,000 | 625.00 | O |
| 07:03:57 | 2.68 | 184,752 | 4,951.35 | O |
| 07:01:33 | 2.58 | 40,000 | 1,032.00 | O |
| Top Posts |
|---|
Posted at 09/5/2024 09:20 by Ariana Resources Daily Update Ariana Resources Plc is listed in the Gold Ores sector of the London Stock Exchange with ticker AAU. The last closing price for Ariana Resources was 2.50p.Ariana Resources currently has 1,146,363,330 shares in issue. The market capitalisation of Ariana Resources is £29,232,265. Ariana Resources has a price to earnings ratio (PE ratio) of 7.29. This morning AAU shares opened at 2.50p |
Posted at 08/5/2024 10:18 by temujiin The merger with the Dokwe debate is a re-run of Ozaltin JV. AAU and shareholders would probably have been better off without the deal, and now pocketing 50% of the gold produced not 23.5%.AAU were and are a good company with good assets despite the JV, but it wasn't the right decision, imo. Dokwe on paper is a great asset, and in 4 years maybe, it will produce a good profit for AAU, but is it good for AAU shareholders now? the share price now, or in the next 2 or 3 years? probably not, imo. AAU has great potential with Salinbas etc, but management seem more interested in potential and marketcap, not on the current share price and shareholder value. |
Posted at 06/5/2024 09:14 by sharenotes Obviously, the bucket analogy missed the mark and I must confess there was the idea of taking a lighter approach with smidgen of potential humour involved (there’s a hole in my bucket dear …..). I have duly taken a note to self – don’t involve humour on a bulletin board, as it can and probably will be misconstrued.This is going to be my last post on the CEO issue and, in part, I will be plagiarising Plasybryn’s excellent appraisal (I hope he doesn’t mind) on how Kerim should have responded to the ‘share price’ question. But first, my defence of Kerim. He is an extraordinary individual with a proven track record. I hold him in the highest regard. Kerim comes from a background when proposing where to drill, proving up resources etc, requires an extremely cautious approach and this, unfortunately, bleeds into his interview style. Nevertheless, he is fundamental to the success of Ariana and a CEO would have no qualms in saying so. With that out of the way, how would a seasoned CEO have responded to the ‘share price’ question? Well, here is one possible response: “Thank you, Jeremy for bringing this matter up as I know full well that our share price is unfairly valued. Of course, I am not alone here in thinking so. The leading independent brokers Panmure Gordon think so too, citing a minimum fair value of 5.5p a share. Why a minimum? Well, they state they will soon be revising this figure upward. Nevertheless, these are basic statements, so let me put some more meat on the bone. Currently we have two mines and a secured 10-year profit stream, sizeable resources and reserves and we are debt free with cash in the bank. Our discovery and ASCI costs are exceptional and you can be damn sure that we will be bringing all this know-how to Dokwe so that we will realise the maximum profit from each ounce produced. But this is not the complete picture by a long shot. We have a first class team lead by an industry respected individual, Kerim Sener. His track record in second to none. Ariana is clearly going places and I strongly advise any interested party to get on board now.” A little over the top – probably. Could it be watered down - possibly. Will it be criticised – definitely. A CEO does not lose any sleep over such matters, however. He/She is there, in part, to maximize shareholder value, period. I rest my case. |
Posted at 04/5/2024 19:33 by plasybryn I share your assessment sharenotes. It is a shame because he has steered the ship for perhaps 20 years, but it has mostly been a tug with no speed or anything much to excite onlookers.That "IG" video I posted this morning with Jeremy Naylor interviewing Kerim was a classic. Jeremy put up a slide of the share price performance and asked Kerim if he could explain it. He was given the sort of plate CEO's love to explain how their Co. is misunderstood. He should have immediately talked about intrinsic sunken capital value of having two mines, the secured 10 year profit stream to Ariana from Zenit (Red Rabbit) the sizeable Resources & Reserves,(particular He could also say Brokers value the Co. at 5.5p but point out Panmure Gordon are reassessing their valuation which is expected to be increased shortly. He could confirm our actual profit margins (mega low AISC costs) and industry leading discovery costs. Talking about money, cash on the balance sheet, value, potential etc. But how does he answer Jeremy? Well he says it is the general market and normal cycles etc. What a missed opportunity. As "share notes" says answering a question like this comes second nature to a switched on CEO. Such an animal can understand what the market and what investors want to hear. They want to know why the current share price is wrong and how the CEO is going to get it sorted. It is pretty pathetic really but it's nothing new. The share price should be north of 5p and Kerim should be showing confidence that the Co. must be worth north of £50m right now. If Kerim doesn't care about the Share price or can't accept the importance of it, he really shouldn't be the CEO and as "share notes" says should move himself into a more aligned roll to his geology skills. He has had 20 years to get Ariana onto the front foot and market recognised and has failed. Time for fresh, more dynamic, value orientated leadership in my opinion. |
Posted at 03/5/2024 16:23 by excellance By the way, to get deals done you need to leave a little meat on the bone for the next guy. AAU have not paid a penny for Rockover, just equity, and they are locked in and can't sell.The Rockover boys are heavily insensitivised to make the bigger AAU successful, so yeah a small backwards step in terms of dilution but I had been predicting an share price of a penny before this deal, and despite a raft of disgruntled senior minor holders selling the share price is still over 2p. 4p by Xmas. |
Posted at 03/5/2024 15:02 by sharenotes As I have stated previously, I think this merger has legs. I appreciate that will not be for everyone. I am attracted to AIM stocks because I am not averse to risk. Both Kerim and Michael are affable, likable chaps, no doubt. My biggest gripe is that we need more than that, for example, a stanch defence of the share price else, every time AAU paper is issued, the current shareholder base will be taking one for the team. To be fair, they may think the share price is purely down to external market forces (classic text book thinking like the supply and demand oversimplification nonsense) and is not part of their remit to defend. I strongly disagree. They both work for the owners of the company and the last time I checked that would be the shareholders. At a minimum, preservation of ownership value is primary or it should be.Kerim’s take would undoubtedly be different if he was fast approaching retirement and looking to cash in his ‘chips.’ He needs to be cognisant of the shareholder demographic and long-time supporters and not simply Kerim working for Kerim. In his defence, with all the day to day business challenges he will be facing, it is easy to lose this insight. This is where a strong chairman is called for. If this merger goes through, I can only hope the additions to the board will go some way to rectify this. Paradoxically, the age of the new board members may be a help in this regard. |
Posted at 02/5/2024 21:43 by temujiin I can't speak for others, but for me it has nothing to do with a timeframes or dividends. I'm only interested in knowing if my investment is more likely to appreciate in value, or not.Back in 2016 I expected my investment to go up as the Kizil mine, when taking into account POG and AISC, it made the chances of capital gains far more likely than not. Now post Ozaltin, we only own 23.5% of what I originally invested in, and the Rockover deal will reduce that to 14.8%, the question is still the same, will my investment in AAU be more likely to increase, or decrease? For me, post merger and the issue of 688m dilutive shares, my current shares would only benefit from 14.8% of the original Kizil and Tasvan profitable gold mines, and Dokwe is too far off to add any tangible value to the company share price imo. I think on balance, the merger would decrease the AAU share price, certainly in the years leading up to Dokwe coming online. Can anyone make a convincing argument that in the short to medium term the share price is likely to increase? I'd be happy to read it. |
Posted at 02/5/2024 17:24 by konil what aau is - and what aau is in danger of becoming if dokwe goes ahead as currently presented.aau has a portfolio of projects - producing, near production, longer term production, and lately via asgard/leopard early stage projects with blue sky discovery potential - and the ability to add value to these with a view to divesting some to generate funds with hopes of windfall profits. in short aau is set up to grow organically and extremely importantly and uniquely for a small miner to do this with low risk. so when ks spoke of taking the company to tenfold its mkt cap in ten years, in the above scenario an existing holder would expect to see most if not all that tenfold increase in the value of their holding. and delivered with low risk organic growth. now, with the way it is intended to progress dokwe, all the negative aspects of dilution and heavy debt relative to company size will be reintroduced. it is not organic growth. the risk profile of aau will become very high and similar to most other small miners. aau will have lost its unique edge over the herd of mining minnows. importantly what this means for existing shareholders is that aau may get to tenfold in size - but after dilution the value of holdings may be lucky to double. but worse than that - with the increase in risk profile the company may go the way of many overstretched mining minnows - to the graveyard, or in event of a rescue package, for existing holders that is much the same thing. after the imc presentation today, there was nothing to suggest that dokwe project is not as portrayed above. it will change the nature of aau to the detriment of existing holders. |
Posted at 02/5/2024 14:53 by charles clore So forgive me if I am wrong but it appears in effect the naysayers are insinuating that the AAU directors are squandering shareholders money on their mates' mining venture making their mates rich and AAU shareholders poor. What a fiasco and it could have been avoided if KS had been more open about things like progress reporting instead of following the abject secrecy policy which has led to the breakdown of trust we are seeing today. Shame on you Kerim and shame on you MDV. Now dig yourself out of this one. Go back to square 1 in shareholder relations. You might even have to cancel the Dokwe deal if the AAU share price falls low enough. Silly boy! |
Posted at 02/5/2024 13:30 by nov31 Here, Here Temujin. Ironically, given the pasting some have given MDV over recent months there were signs this morning that he understands shareholders concerns (not least perhaps because he owns 6% plus himself). MDV at least pressed Kerim on AAU remaining an AIM listed company and got that commitment. I think as Chairman he needs to consider the share price reaction to the presentation and convince Kerim that he needs to put more substance around this deal - something concrete re future dividend policy that the Company will adhere to (or alternatively be frank that their won’t be any) and something re financing and to what extent he is prepared to dilute present shareholders in that regard — a clear commitment to a limit on dilution for a number of years (ie bank financial outside that) might provide a) a base to the current share price and b) more confidence amongst current shareholders who wish to be persuaded that they should vote for the deal. |
Posted at 01/5/2024 19:12 by plasybryn So if our Share price was higher, we would issue fewer shares and have less dilution. Some seem to be saying it is nothing to do with the share price but only Market Cap. How can you differentiate them. One drives the other surely. That's why i think waiting for Salinbas & Hizzy results should hopefully increase our share price and reduce our dilution or the number of extra shares we have to issue. But that assumes we even want to go there in the first place of course. Please correct me if i misunderstand this. |
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