Ariana Resources Share Discussion Threads

[renniks2016] 05/10/2020 19:38

Great job Lotts, Stirling work. ?

[lottsgold] 05/10/2020 19:28

Thanks Charles I can see the deliberate spelling mistake in the first section is that what you're referring to?

[soulsauce] 05/10/2020 19:26

Well done Lotts 👍

[lottsgold] 05/10/2020 19:11

Sure thing, a section right at the top to update when an RNS is released etc Risa? Ive got potential news there in red at the bottom but happy to have the header suggestion in there also?

[lottsgold] 05/10/2020 19:09

New thread is looking much better thanks to input from you all, if you're happy to use it I'll see you there tomorrow for another blue day!

[risa5] 05/10/2020 19:07

Good job can you add a header for latest news and announcements.

[uknighted] 05/10/2020 18:31

New thread

[charles clore] 05/10/2020 16:56

Rennicks my 300k cost me 5.89. I got quotes for 100, 200 and 300k and the price was the same so I thought I may as well save £20 commission by buying 300k. Was I right to do that? We will see but I think we are getting close to the point of no return. I wouldn't want to be underinvested at this stage.

[lottsgold] 05/10/2020 16:26

Sorry Cyberbub one will be gone shortly but ADVFN have to delete it. Not the most dynamic system but I'm getting there.

[cyberbub] 05/10/2020 16:23

I'm getting confused, are there *two* new threads being set up now?

[lottsgold] 05/10/2020 15:58

Great thanks appreciate the help want this to be a positive for us all!

[thanksamillion] 05/10/2020 15:50

The link for gold chart is


silver - simply replace gold with silver.

To show volume simply set the charts lower indicator 1 to volume.

[bigglesbingham] 05/10/2020 15:11

Silver and gold on a nice run today

[1candc] 05/10/2020 15:03

I wouldn't pay any heed to what the individual has said if indeed it is directed at Ariana as his comments show a complete absence of knowledge regarding the company

[bigglesbingham] 05/10/2020 14:57

Or there shorting. Don't know how converting some assets to £27m cash is increasing the risk. When market cap is only £58 m

[shortarm] 05/10/2020 14:50

Actual bid has risen to 5.72 for 100K - games games games....

[1candc] 05/10/2020 14:44

Biggles - obviously he's got his boards mixed up

[bigglesbingham] 05/10/2020 14:34

6.4? Mms playing games for last two weeks imho

[bigglesbingham] 05/10/2020 14:33

You got the right company ? Why has the risk increased?

[renniks2016] 05/10/2020 14:23

Ah 5.89 my 50k cost me 5.92 tried 250k but was quoted 6.4!

[renniks2016] 05/10/2020 13:57

CC what did you have to pay? Sell price higher than bid at mo. Can't help think that this is about to pop.

[lottsgold] 05/10/2020 13:48

After some input from Soul and Knighted I am changing the tread title which means support having to delete it and creating a new one. Hopefully will be sorted shortly.

[lottsgold] 05/10/2020 13:41

!
!FOLLOWFEED

Ariana Resource, developing a strategy for long-term dividend stream.

Soon to have 3 mines in operation, self funding and cash on hand to invest. Working in multi jurisdictions, low risk, low cost with a proven track record. The goal is to partner in projects through to development without being involved in the day to to day and become a dividend streaming company but with large holdings in the underlying business'. If you're looking for long term growth and dividends Ariana are a great prospect.

Ariana Resources is an AIM-listed gold exploration and development company with low cost joint venture income to fund its activities. Currently Ariana Resources is focused on it's Gold, Silver & Copper exploration and mining operations in Turkey, Cyprus & Kosovo. Now with a new partner in Turkey and >£20 million in cash to invest and return to investors soon to be regular dividends the company is primed for growth through its
highly skilled team.









Turkish Operations currently include -





23.5% Kiziltepe gold-silver mine
Kiziltepe has recently had a mill upgrade which increased capacity by 300%. Guidance for the year is to be between 25,000-30,000 ounces AU with a large Silver credit. The mine has at least a 10 year mine life and exploration upside.

23.5% Tavsan gold-silver mine
30,000 ounces gold per annum, expected from feasibility study.
Production expected to commence in 2022, EIA now received and permitting being finalised. Up to 3 drill rigs have been on site recently to define and expand the resource.
US$630 per ounce cost of production.
Eight years mine life expected through the current drilling campaign.


The Salinbas Gold Deposit is being drilled out through 2022 with up to 3 rigs, currently 1.5million ounces with huge upside potential with target of 3.7million ounces

23.5% Salinbas gold-silver project

Özaltin has committed $8 million to complete a Feasibility Study, Environmental Impact Assessment and additional permitting at the Salinbas Project, with no cost to Ariana.

50,000 ounces gold per annum, over a 10 year mine life projected in scoping study.
1.5 million ounce gold JORC Measured, Indicated and Inferred Resource with scope for further growth.
Au-Ag mineralisation at Salinbas lies immediately adjacent to the Ardala polyphase Au-Cu-Mo porphyry.
Highly prospective region within the multi-million ounce Artvin Goldfield, which contains the nearby 4 million ounce Hot Maden project.
Further drilling and resource definition planned.

Cypriot operations



Venus Minerals Cyprus. Venus is to be spun out in an IPO in London during 2022. This isn't just another IPO though, the Apliki mine will use equipment moved from a recently depleted mine nearby and be up and running by year end. Adding more revenues to Ariana's ever growing income streams.

Ariana has now earnt in to 50% of Venus Minerals for £2.7mil showing the value the management team can find. Venus hold multiple licenses in highly prospective areas near historical high grade copper mines. Huge potential to be drilled soon at the start of a copper bull market.

The Magellan project - Metals in Excess of 500million dollars and this is only one licence area.

Revised JORC Mineral Resource Estimate (stated gross) of 9.5Mt @ 0.65% Cu # (Inferred), with additional potential for gold, silver and zinc-rich zones (up to 0.6% Zn) across the Klirou, Kokkinoyia and New Sha sectors of the Magellan Project.

-- Significant potential for gold and silver rich zones to be defined within the resource at the New Sha Sector, with a JORC Exploration Target of 0.5Mt to 1.5Mt for 6,500oz to 41,000oz gold at an average grade of 0.40 g/t Au to 0.85 g/t Au.

-- Resources at the Klirou and Kokkinoyia Sectors are open in several directions and particularly down-plunge, beyond 250-350m in depth.

-- New exploration drilling programme of up to 3,000m to test several target areas within the greenfield exploration portfolio, due to commence imminently.)

Kosovo

75% Western Tethyan Resources Ltd

Specialist board with regional expertise
Eastern European exploration portfolio targeting the discovery of major mineral systems
151km2 of initial licence areas applied for in Kosovo
Project assessments underway elsewhere across Eastern Europe

Other Investments

Asgard Metals Fund 'track-record of 100-fold increase'.


-Asgard Metals Fund established to take positions in predominantly listed exploration companies.
-Investments will be focused on potentially high-value discovery-stage opportunities, which show early development potential.
-Selected projects to receive an investment of up to c. A$500,000 in capital and time, receiving expert assistance from the Ariana team. Investments are designed to be timed optimally for maximum value accretion over a near-term


Project Leopard targeting multimillion ounce discovery with our partner Newmont.

JV with Proccea and Ozaltin -

Ozaltin Holdings are a multi billion conglomerate active in Turkey and several other countries working in the construction, transportation, energy, tourism and agriculture sectors. Working on multiple civil projects for the Turkish government they bring political and financial clout to our expansion in Turkey.



Proccea have been a long term partner providing the skills to construct and manage Kiziltepe and in the near future Tasvan.


· JV to continue the development of the 0.6Moz Red Rabbit Project and to advance the 1.5Moz Salinbas Project.

· JV now owned 53% Özaltin, 23.5% Ariana, 23.5% Proccea, with Proccea as Manager.

· Cash payment to Ariana of US$37.75 million, before costs and taxation, inclusive of the sale of Ariana's remaining projects to Zenit has now been made.

· US$8 million to be committed by Özaltin to fund a Feasibility Study, EIA and additional permitting on Salinbas. Mine to be built with debt paid by the JV from profits from the mine

http://www.kitco.com/images/live/gold.gif

http://www.kitco.com/images/live/silver.gif


http://www.kitconet.com/charts/metals/base/spot-copper-1y-Large.gif




SO MUCH NEAR TERM UPSIDE POTENTIAL!

Near term news flow - Project Leopard identifying new multi million ounce projects with our partner Newmont, Payment of dividend, Mine Development underway at Tavsan, Resource update for Tavsan, EIA Submission Salinbas, Drill results from current campaign and updated resource at Salinbas, IPO details for Apliki project when markets allow. New projects in eastern Europe currently being reviewed along with the Asgard investment fund opportunities in Cobalt and Nickel

[lottsgold] 05/10/2020 13:34

Haha thanks anything like that let me know. I'm working and doing this on the side, I'm bound to make a few mistakes?