Arian Silver Share Discussion Threads

[sir andrew ffoulkes] 21/4/2015 12:32

WS, market cap is appalling at the moment and despite Jim Williams best efforts it remains so, in part probably caused by Tony Williams (TW). One does not believe TW has taken much of an active role in recent years, despite questionable past glories here at AGQ.

Here's some thoughts.

· TW has no obvious role in the company. He doesn’t participate in
the operational management and until recently has had no persona in the
general marketplace. His recent profile has emerged as negative.

· TW has been remunerated for any past contributions, generously
given the context of the challenges Arian has faced over the past few years.
None of us can continuously enjoy the fruits of any past glories. We are as
good as our most recent contributions.

· TW’s sell out of all his Arian interests, without warning and in
entirety, has alarmed other current shareholders and dissuaded prospective
investors from taking new positions in Arian. They cannot understand why the
most senior director is not maintaining a significant holding.

· Other business interests of TW now appear to be impacting on Arian.
The distress sale of his Arian equity has brought this to the attention of
other market participants, and has raised a number of questions about TW’s
financial status and the relationship of his other interests with Arian.
There is considerable concern about the ability of one of his other
interests to repay a loan made by Arian.

· There is a view that TW may have too many other interests. The lack
of any obvious contribution to Arian’s performance appears to underline this
perspective.

· Splitting the roles of Chairman and CEO is seen as good practice.
There are many other prospective candidates for Arian chairman who no doubt
have better connections in the City, and possibly in an international
context who could make a greater contribution to Arian’s growth. Arian is no
longer an aspirant junior but is maturing into a developer/producer and
perhaps now would be the right time to review the qualities, skills and
experience that Arian needs in a future chairman.

[wstirrup] 21/4/2015 11:52

Oops, double post

[wstirrup] 21/4/2015 11:52

SAFF...

If we depose TW, do we not also risk losing his (brother/sibling?)

I'm not saying we would be worse off if they both went, but they have been the driving force behind the company. Would A. N. Other have the drive and ambition.

After all, we are still in business, have funding, a mill, a hole in the ground with ore coming out, and (a liar on top? ;¬)) some sense that things are happening, for the better and future. The ducks are line up and ready for take-off.

On a different note, managed another sneaky top-up at 28p, so I feel I am risking enough for me now.

Over half of my holding now sub 30p. :¬))



W.

[seagreen] 17/4/2015 21:53

TW aka pinocchio look what he did to African Copper ACU...crying shame

[sir andrew ffoulkes] 17/4/2015 17:00

700k shares thus far wanting TW to go. One would suggest we'd need near to 3.4m (10%) to actually have a representative voice. Even with that, one is absolutely certain Sprott and other large holders would vote for the status quo to avoid embarrassment but we would rather establish a point.

[sir andrew ffoulkes] 17/4/2015 09:37

One has created an anonymous throwaway email address, if anyone wishes to discuss voting against Tony Williams at the AGM, number of shares we can put together etc. This is the sole issue to which I will reply or discuss on that email.

[e-mail]

[sir andrew ffoulkes] 15/4/2015 22:09

28.25 sounds like a good buy price to me, well done.
With Ag in a bottoming process at the moment, we could see much higher prices in the Autumn and if this is coincident with higher production numbers the share price should respond.

[wstirrup] 15/4/2015 21:35

My top up at 28.25 recently beginning to look rather astute...

;¬)

Thank You Jim, for the vote of support.

W.

[cyberbub] 15/4/2015 14:44

Vaguely encouraging trading today?I have probably jinxed it now..

[sir andrew ffoulkes] 15/4/2015 14:18

POSITIVES

One is not going to dwell on the negatives, they’ve been done to death and will no doubt be again after this posting.
So what do we have going for us.

- we are in production, which will be ramped up to 1500t/day within a year or so.
- we own our own specialised (for San Jose ore) mill, no issues with toll millers now.
- the mine is being expanded to cater to the anticipated 1500t/day
- we are fully funded and have cashlow although very early figures yet to be released, how we build on them is what matters
- we are funded by the powerful Quintana who have plenty of cash and may be interested in using AGQ as an acquisition vehicle if and when we can prove ourselves to them
- the Silver price seems to be in a bottoming process at the moment around $15-16 area.
- AISC around $14, cash cost around $12
- not mentioned much but we still have further exploration upside and Calicanto (more complex Geology here though)
- we own ALL Ag output
- we have only streamed 78% of Pb and Zn and are able to elect to buy back part of this within the next 2-3 years
- Zn price needs to be watched carefully as global production is set to fall with major closures in the next 12 months
- BoD and senior management have skin in the game and have added to holdings recently
- all time low share price could result in substantial gains for newcomers or average downers (sorry oldies)

[sir andrew ffoulkes] 14/4/2015 15:28

One also has a campaign going that Tony Williams must go. He is a liability, now it would be superb if he resigned this week on the strength of my correspondence with AGQ but alas one feels it may be more of a battle. Please make your thoughts clear on Tony W, you have the email addresses. We need a Chair that is interested in our future and has an interest (financial) in our company.

David Taylor - [e-mail] (CoSec)
Fuad Sillem - [e-mail] (IR)
Dean Friday - [e-mail] (CFO)
Jim Williams - [e-mail] (CEO)
Dominic Barretto - [e-mail] (PR)
[e-mail] (IR)
Miguel Barahona - [e-mail] (Ops in Mexico)

[sir andrew ffoulkes] 14/4/2015 15:04

BIKWIK there will be those on here that attempt to place a negative spin on a Director buy, frankly they are ill informed. It is pretty rare for a fully funded company at this stage in its lifecycle to go under. Whilst our CEO's purchase may be small, it is a purchase and the first one in many years by the Insiders. It is good news.

[bikwik] 14/4/2015 14:50

Looks like you are a glass half empty person rather than a glass half full person. Do you have any shares or are you just an onlooker?

[juju44] 14/4/2015 12:56

Value of buy hardly inspires conviction

[sir andrew ffoulkes] 14/4/2015 12:54

Much has been said about Jim Williams selling near the top, now let's have those contributors saying he's buying at the bottom. To me that is smart money, sell at the top and buy at the bottom. So if you're smart you'd be buying.

Think about it, even our refurbished Mill and Mine is more than likely worth more in a fire sale than our present market cap.

[sir andrew ffoulkes] 14/4/2015 12:48

Let's hold off on the Rocket for a bit yet. It's great to see what will hopefully be a new trend of buying from various Insiders and however small, any buy with your own money is a vote of confidence. One is quite sure that the derampers will also be out in the next day or so saying it's too small etc etc, but what is vital is the trend and that is what the market sees.

[bikwik] 14/4/2015 12:38

Yes I agree, at last we have a tangible vote of confidence by the CEO. Could have been a bit bigger, still what the hell. AS you say the refurbished plant is worth more than the market cap!! Crazy indeed, still we all know the stock market is one crazy entity at times....none more so in this case.

Hopefully the other insiders will follow Jim's lead!

Time for a rocket soon perhaps? LOL

[sir andrew ffoulkes] 14/4/2015 12:00

Should have read 'James Williams on'

[charlock] 14/4/2015 11:55

James Williamson???

[sir andrew ffoulkes] 14/4/2015 11:42

This is very heartening to know that our CEO has broken a trend lasting years. Whilst it would always be good to see other Insiders buying, Jim W is the key player and if he buys, we should all be doing. It may not be a lot but it is enough to make a point.

Arian is a BUY.

[sir andrew ffoulkes] 13/4/2015 17:10

Just discovered that our CEO is off to Zurich this week. Well he does not appear to be presenting at the above, so one wonders what he is doing. Perhaps we will see some corporate investment activity as a result of meetings, if he can persuade someone we are a solid investment case. It'd help if he bought a few shares though.

Hopefully it's not to go Skiing.

[soulsauce] 13/4/2015 10:43

Thanks for that SAF will get on it.