Ariana Resources Share Discussion Threads

[1candc] 02/9/2020 08:52

I like the buying at a higher price bit but you have to be a grade one numpty to think it makes sense to sell low and buy the same shares back at a higher price, eventually, if you follow that to its natural conclusion, you will have nothing left

[bigglesbingham] 02/9/2020 08:45

And then says buy at a higher price !!!

[1candc] 02/9/2020 08:35

Seems moronic advice to me from the pied piper of AIM leading the lemmings into a loss as every time he has said this the share price has surged on and become more expensive

[bigglesbingham] 02/9/2020 08:12

Top slicers following Somerville come in on que. But something tells me this will kick on from here.

[bigglesbingham] 02/9/2020 08:07

Yes I hope so

[pauliewonder] 02/9/2020 08:05

Can sell at 6p. Decent start, expect it will go much higher over the rest of this week

[bigglesbingham] 02/9/2020 07:59

Yes he intimated Salinbas money and only ozaltin money was declared as time with Proccea offering services for buy in. If they add cash then possibly higher as you say. I'd rather keep the Proccea money back for dividend next year prior to dividend in 2022 when tarsvan on stream. This would provide a continuity of dividend stream which would be more valuable to shareprice tvv JV an one big divi now. Obviously my opinion but they do seem to be listening to logical thoughts put forward on this board.

[shortarm] 02/9/2020 07:54

Possibly plus the money from Proccea....

[pauliewonder] 02/9/2020 07:51

Agree, but extending the grades at the higher Arzu South is clearly a clever move. Bring on Tavsan update.

[bigglesbingham] 02/9/2020 07:49

Yep really pleased with the foundations being put in place here.

[bigglesbingham] 02/9/2020 07:48

They intimated around $5m so I'm expecting 0.4p ish per share

[plasybryn] 02/9/2020 07:48

As you say Biggles they do seem to have made big strides in how to manage communication. I always thought the appointment of Yellow Jersey was going to bring this advantage but their original team wasn't worth paying in wet tram tickets. But I love this today. A nice deflection on the Deal. We all know that it isn't just Arzu South that has more prizes but Arzu North as well etc in time.

[inntolife] 02/9/2020 07:46

Would someone please check the amount of divi per share once the the new Joint Venture is in place. I think aau said they were going to return £30,000,000 to share holders given that there are 1,062,680,000 shares in issue. that seems like a lot of money per share or am I doing somthing fundamentally wrong ? .02823051p

[bigglesbingham] 02/9/2020 07:43

It will go above 6 then some will follow the ridiculous advice of Somerville and sell 10% of their holding but something tells me today I think those will be mopped up quickly with the deal and resultant dividend lying around to corner.

[shortarm] 02/9/2020 07:38

Because a few more wouldn't go amiss!

[shortarm] 02/9/2020 07:37

We can only hope :-D

[cyberbub] 02/9/2020 07:36

Great update, but knowing AIM the share price will probably fall back!!!

[bigglesbingham] 02/9/2020 07:32

Fabulous update I always had high hopes for kiziltepe resource at arsu south beyond what had already been drilled as historically across numerous mines it's what lies within which proves to be the prize. I also believe the board is beginning to understand how to issue rnss in a way to maximise shareholder value. A nice little update regarding Tarsvan which we know is due ( as we did these results) , prior to the deal finalisation rns , would maximise the base on which the expected jump due to the deal would occur.

[jonc] 02/9/2020 07:22

This just gets better and better.

[soulsauce] 02/9/2020 07:21

Brilliant. Arzu south has been prolific for us so a return there at some stage in the future is great news.
And a heads up on the JV too.

Well over 6p today.

[pauliewonder] 02/9/2020 07:16

G/t gold, not % lol

[pauliewonder] 02/9/2020 07:16

Well that was an amazing update. Fantastic higher grades. Over 6% is pretty special and it looks like there is a lot more to come from Arzu South. A little snippet re finalisation of the JV in the coming weeks. Must admit, I am very happy with that RNS. The JV will go ahead and given gold and silver prices at the moment, I am happy to split profits 50:50 until it's done. It also gives AAU the opportunity to plan what drilling work is needed to further grow existing and new resources. I would hope we smash through 6p with that update. Far too cheap at these levels.

[shortarm] 02/9/2020 07:12

Hahahahaha, got to love this share!!!

[donald pond] 02/9/2020 07:04

Nice little update, may well be enough to get us over 6p