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% 1.375p 1.30p 1.45p 1.375p 1.375p 1.375p 2,305,512 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 14.2 1.7 0.8 14.46

Ariana Share Discussion Threads

Showing 17276 to 17299 of 17300 messages
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DateSubjectAuthorDiscuss
18/8/2017
17:05
It's just like it's been controlled in some way CSSF ;-)
soulsauce
18/8/2017
16:59
lol, wrong for the 26th time... it'll come, I'll just stop saying it...
crossfirecssf
18/8/2017
15:56
Must say I expected more this week !
oakville
18/8/2017
15:54
Third attempt since April. This is surely it. The end of the US empire is playing out like a super slow motion train wreck.
crossfirecssf
18/8/2017
14:20
$1300 there she blows
bigglesbingham
18/8/2017
14:19
750 is a rollover
bigglesbingham
18/8/2017
14:05
Not sure about that but trump is making a mockery of America and everything associated with it. Two nice 750k buys at 1.4 plus
bigglesbingham
18/8/2017
11:16
Sorry CC, the last time that gold crosses the $1300 barrier. At some point it will never go back, and that time's coming very soon in my opinion.
crossfirecssf
18/8/2017
09:26
CSSF - this will be the last time it has what?
charles clore
18/8/2017
09:22
Nicd post Biggles. lol, I know I've said this about twenty five times, but here comes $1300 and this will be the last time it hasfor many a year, if ever again. The dollar will only be the global reserve currency for a few more years anyway. It's days are numbered. The East is already making plans to ditch it.
crossfirecssf
17/8/2017
18:01
Thanks bigglesbingham. Kind of flies in the face of what Plasybryn heard at the agm. A very cautious statement with lots of buts and may be's. No surprise though as he has already had to apologise to his followers. Let's hope all the bad news and funding is behind us :-/
soulsauce
17/8/2017
17:36
This is a good article in shareprophets for those who aren't members::After my mea culpa of June 20th we have had further news. It has taken a bit of time to digest, but overall it looks positive to me, if rather laced with jam-tomorrow. With the share price finally off its low point of just 1.25p, let's look through the detail.The first point is that the gold price has been heading higher. For those into squiggles in the sand (and I'm not, for the avoidance of doubt), I gather that $1300 would mark a bull point. But for the fact that the US$ has been weak against all-comers, I might have been interested, but at least it has been rising at last (North Korea seemingly the catalyst).More importantly the quarterly operational update to 30 June gave some numbers for July which caught my eye. This is a 20,000 oz (gold equivalent) per year operation, so we should be expecting numbers of 1,666 gold equivalent per month. July actually saw 1,370 oz of gold and 6,780 of silver. The gold-equivalent figures were offered on the basis of one sixtieth of the silver in the company's FY15 report, which puts the number for July at around 1483 oz of gold equivalent. Not quite on target, but we were told that the operation transitioned in to commercial production during July. In other words, for part of the month it was not yet at commercial levels.Guidance for the rest of 2017 is 10,100 - 11,900 oz of gold and 103,500 – 106,500 oz of silver. That offers us (at the mean rates) gold equivalent figures of 12,750 oz. Given totals so far of 3,300 oz gold and 21,300 oz silver, giving us a gold equivalent of 3,655. Thus for the five remaining months of the year we are to expect 9,095 oz - about 1,819 oz per month, 9.2% higher than forecast.We are told that the grades of ore mined came in a 4g/t gold and 40g/t silver, and this level is expected to be maintained for 6 months. Meanwhile ore production is being increased to 17,000 tonnes per month, and a further hike to 22,000 by late summer.That is pretty good news, although there are some flies in the ointment such as the gold price being rather more than 60 x silver. It also looks as though the company has made a point of processing higher grade ore, I imagine in part because cashflow has been delayed by bad weather at the start of the year and there are bank debts to pay down.That brings up the thorny issue of the placing in late June. Looking back on the RNS, I note the statement that:The net Proceeds will be used, in part, for working capital support of its joint venture operating company, Zenit Madencilik San. ve Tic. A.S., a 50:50 partnership between Ariana and Proccea Construction Co., prior to the Kiziltepe operation achieving commercial production. The Proceeds will also be directed towards the continued exploration and development of the Company's portfolio of advanced assets in Turkey, including Salinbas and Tavsan.It seems likely to me that much of the cash raised went to paying down the debt. Indeed, if we look at the table provided by the company of gold and silver sold, we see 2,861 oz gold at $1,247.75 and 19,372 oz silver at $17.04. That comes to $3,899,911 and we are not given production costs. Yet the JV company repaid $4.2 million to Turkiye Finans Bankasi....someone has had to bankroll that.The reason for the lack of production costs is that it has been in ramp-up and therefore not really a good measure of costs going forwards. I would hope the next quarterly report to be a bit more forthcoming on that score, but the lack of figures leaves one with a question or two.So where are we now? Forward forecasts for the rest of this year suggest (at $1288 gold and $17.1 silver) monthly turnover of around $2.27 million. Production costs of around $600 per oz would knock off maybe $1.1 million. The company tells us that major loan repayments are scheduled to complete by April 2020 and we know it was a 3 year deal. That in turn suggests that the $33m facility is costing around $0.92m a month, leaving perhaps $0.25 million over each month.Much depends, then, on production costs, production levels and the gold price but there seems to be a bit of room for manoeuvre. Of course, after April 2020 the debt should have gone and then the cash really starts to flow. Current ore grades are expected for the next six months, but potential increased ore production of perhaps third over planned rates should mitigate. As such, we might expect to see Ariana clocking up something like $7 million (£5.4 million) a year and the life of mine is expected to be up to 12-15 years in the longer term.At the current 1.375p Ariana is valued at £14.5 million. There seems to be an awful lot of upside there if the company can deliver on $600 per ounce or less – and no more nasty surprises!
bigglesbingham
17/8/2017
16:29
PoG looking good, with talk of a possible near target of $1350. that should help our cause.
backmarker
17/8/2017
15:40
a staircase is it ? it could be seen as a small respite in a downtrend. it needs to break 1.5 soon to demonstrate that the trend has possibly reversed.
backmarker
16/8/2017
16:51
A lovely staircase formation on the chart
charles clore
16/8/2017
07:08
What specific news are you referring to? Will it have any material impact on the share price?
bapodra_investments
16/8/2017
05:33
Expecting news very soon !
oakville
14/8/2017
22:45
Bapodra, you're preaching to the converted. Had I known that the shares in issue were going to increase by 2000%, I wouldn't have touched these with a barge pole. There were so many better investments over the past ten years that it's not funny. Hoodwinked by the usual platitudes about increasing shareholder value, whilst doing the polar opposite. It makes me angry just thinking about it, so I'll stop now or I'll be tossing and turning all night. Anyway, assuming that the dilution will now slow down, clearly with the benefit of hindsight, this is obviously the time to buy. I just wish I'd done something else for the past five years, but you live and learn, seemingly for ever. :o(
crossfirecssf
14/8/2017
16:00
Should be coining it in at these levels on the PM's. Great timing to start of production. my take is, it should rally from these levels now the placing is out the way.
dingo75
14/8/2017
13:13
Classic double bottom. :o)
crossfirecssf
13/8/2017
21:50
On Shareprofits today: hxxps://www.shareprophets.com/views/30926/ariana-gold-price-production-news-and-share-price
armunro
13/8/2017
17:11
I have been invested since around 2012. If what you are all saying is true then I invested far too early. I should have invested now. So the question is why did you all invest so early if you all know it all? What was the point in investing last year, year before, five years ago, etc? Surely, now is the time to invest if this companies share price is going to go to 4p levels? There has been many jam tomorrow RNS's over the years but the reality is that Ariana has to pay three years of debt. I think if this share price really is going to achieve such high levels it will be once the debt has been paid off and Ariana is profitable. However the caveat is IF and a big IF Ariana has not racked up NEW debt to 'help' finance the production of another gold/silver/lithium mine! Ariana is an exploration company so its main role is exploration which needs capital. If I am wrong then I am wrong but I think I can make more of my capital elsewhere than it sitting in Ariana. However if I am wrong then I will hold my hands up and accept that. Lets see what happens from now till December 2017. The final quarter in 2017 should tell us something. If the share price is still overing around such areas then there are serious questions which need to be asked and answered.
bapodra_investments
13/8/2017
13:28
For this first year we're looking at very roughly 0.42p per share earnings*, for a PE of approximately 3, which is obviously daft. For the following year that forward PE reduces to an even more ludicrous 1.5. Now, given that gold is clearly about to move into its next wave up, with the resulting positive sentiment, there's little reason to argue that the PEs currently enjoyed by the likes of Google might not soon be likewise enjoyed by PM stocks. In such a scenario, it's theoretically plausible to argue for a share price of around 40p. In short, anything's possible, but as Rick Rule opined, "You're either a contrarian, or a victim." I know which I intend to be... *My ball-park, and possibly dubious arithmetic. Figures only take account of earnings from Kizeltepe. Salinas and Tavsan not included. DYOR.
crossfirecssf
13/8/2017
11:23
Ah the golden carrot. Keep talking it up and one day we will all be rich...
amunro
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