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% 1.275p 1.20p 1.35p - - - 0 05:30:39
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 0.4 0.0 31.9 13.51

Ariana Share Discussion Threads

Showing 21401 to 21423 of 21425 messages
Chat Pages: 857  856  855  854  853  852  851  850  849  848  847  846  Older
DateSubjectAuthorDiscuss
19/8/2018
12:31
I think you'll find the capital required is much more prudent to come from bank lending as such I wouldn't be surprised if the loan is with existing bank and starts when existing loan ends. It ties in with permitting ect. But debt free 2021 producing 50k oz (51%) share. The price here with escalate as we near 2021 even without additional exploration. If exploration bears fruit who knows the limit!!!
bigglesbingham
19/8/2018
12:08
Kerim first raised this at the recent Investors evening in London (American Square) . But to part compensate for the small delay, no doubt due to Permits and other prioritised work, there is going to be additional production of 5000 ozs pa starting mid 2019 coming from Kizilcukur, which as we know isn't yet in the joint venture. If this is correct then it means Ariana will probably receive three times exploration costs from the J.V. to bring it into the fold so to speak. To leave it outside makes no sense and would be messy from an accounting perspective. So more cash hopefully coming airway to fund Salinbas drilling. Have a look at the Resource Development Schedule slide in the latest presentation. This also sets out the timing for Tavsan with production of 20,000 ozs predicted to commence January 2021. If our current run rate is c. 28,000 ozs per annum (7171 ozs in Q2 times four) then with an extra 5,000 ozs coming from Kizilcukur (perhaps 2500 ozs in 2019 & 2500 ozs in 2020) we could be looking at production potential of 30,000 ozs next year. At the current margin of c. $1000 per oz that would be $30m (£23.5m) or £11.75m to Ariana, not much less than our current Market Capitalisation. How silly is that?
plasybryn
19/8/2018
11:20
A couple of years ago Kerim was saying that Tavsan would be online from 2020. More recently it is quoted as 2021.I have not seen any explanation for the delay. Can anyone enlighten me.
stoph
19/8/2018
11:20
A couple of years ago Kerim was saying that Tavsan would be online from 2020. More recently it is quoted as 2021.I have not seen any explanation for the delay. Can anyone enlighten me.
stoph
17/8/2018
20:57
Plas ..he appears to be highly ober educated.,,,,tell him to have a peep at the last few tweets for informative purpose.
8rad
17/8/2018
14:03
The truth hurts - it's been a bad couple of weeks for both of you. I am watching PERE closely and what Soul says and what he does not say. Loving it
42col
17/8/2018
13:57
Yes Charles that is how he works and when you fight your corner he says that you are easily wound up or have a soft underbelly, or other childish taunts. Typical dirty Blade tricks. He did the same under his other avatar on lse but tripped himself up because underneath all the childishness he is in no doubt an eejit.
soulsauce
17/8/2018
13:26
Indeed Charles. I see our posting has brought out our eejit stalker with no doubt some more stunning repartee 😂. What a pleb.
soulsauce
17/8/2018
13:01
Charles you call Ariana 'a great little company'. You said last week you were selling. Tell Soul he needs to be less harsh on Ariana where he has very little money invested and more critical on PERE where he has more money invested but the shares have been halted from trading for 6 months. He should be going crazy with PERE management or have I missed something - not
42col
17/8/2018
12:51
soul - they would probably use something like the words 'high political risk' to explain why they don't support the company at this time in which case I would say ok, thanks for being straight with us. Now we will find another broker.
charles clore
17/8/2018
12:29
Exactly Charles there is no way on earth this should have the same price guidance after all the good news and successive increases in production.
soulsauce
17/8/2018
12:14
Maybe Kieron doesn't want to tarnish his reputation dealing with minnows. The board needs to ask questions as to why PG hasn't uttered a single sentence in support of this great little company despite the past year of historic achievement.
charles clore
17/8/2018
12:00
Well Kieron wants to look after the Ariana account a bit more diligently I feel and do something for his fee.
soulsauce
17/8/2018
11:13
This is primarily an exploration and development Co.as described and set out in all Co. communications (Annual Report & Accounts). The operating mine, which produces income, is primarily used to develop and expand that strategy. The big paybacks will be in Market Capital appreciation flowing from expected multi million gold discoveries in the Hot Gold corridor and perhaps elsewhere. The capital potential here is very significant given our current Market Cap., even with a profitable operation, is still only a derisory c.£15m. It isn't hard to make a case even now for at least double/triple that based on price earnings or other ratios, but I suspect many of us are here, me included, for ten bagger performance. Even a Mkt Cap. of £150m (10 times current value) isn't large in this sector. Look at valuation of those Co's who are still a long way from production. It is surely just a matter of time, but the next 3 years should be very rewarding imo.
plasybryn
17/8/2018
10:31
Kerim too conservative to hint. Anyone who looks at company will know they are at least 3-4 years off dividends . Get your comments but not going to happen
bigglesbingham
17/8/2018
09:35
1.2625 are buys....
shortarm
17/8/2018
09:13
BTW I recently became aware The Financial Reporting Counsel published an updated code of practice that covers senior pay , the independence of board chairs and workforce relations. The Times tell me ' While lawyers were broadly positive about a provision that REMUNERATION COMMITTEES MUST CONSIDER REPUTATION DAMAGE AND OTHER RISKS FROM EXCESSIVE AWARDS and behavioural risks from performance - based pay , there were cynics. '' Codes come and go '' said Meriel Schindler, a partner at Withers a City law firm , describing the code as '' at least in part ( making ) an effort to encourage boards to curb executive pay'' But she cautioned " It is helpful as a framework , but ultimately sometimes the board has to find its backbone and stand up to a forceful chief executive" I hope the AAU remuneration committee have read the updated code - some might think that unseemly bonus grab and huge salary hike was a reputational risk - it certainly didn't enhance LOL!
arrynillson
17/8/2018
08:57
Arry...thanks for that. Biggles I believe a hint at future dividends would certainly be favourably received if also covered by certain provisos like minimum POG etc.
8rad
17/8/2018
08:40
arry - very nicely thank you!
charles clore
17/8/2018
08:35
Brad - i wouldn't rule out dividends in the future but it might be necessary for shareholders to encourage the board to move in that direction - perhaps not all shareholders would be comfortable with the approach outlined by Biggles - as I've mentioned before the BOD are nicely set up to wait things out.
arrynillson
17/8/2018
08:22
Page 65 of the accounts y/e 31/12/2017 ' The Group has UK losses carried forward on which no deferred tax asset is recognised in the financial statements as the recovery of this benefit is dependant on future profitability, the timing of which cannot reasonably be foreseen. Total UK losses carried forward amount to £9,087,000 ( 2016 £7,850,000 ).'
arrynillson
17/8/2018
08:12
Dividends will not happen here! They need to cover themselves for loan repayments in case gold falls and exploration of existing assets. What would be the sense in distributing dividends and having no money to explore ??? Let's leave the dividend issue if isn't and shouldn't happen
bigglesbingham
16/8/2018
22:29
To what do you refer?
8rad
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