Ariana Resources Share Discussion Threads

[thanksamillion] 14/10/2020 09:42

That flag forming could actually be a "super flag" starting end August.

[plasybryn] 14/10/2020 08:01

As you say there seems to be an avalanche of news building up. They aren't allowed to hold back market sensitive news, as far as I understand, but it does seem as though the last 10 weeks of 2020 are going to be very rich in accretive developments. Perhaps such a concentrated bombardment of news will have a very positive impact and help to raise our profile.

[red imp] 14/10/2020 07:31

- Gold rising above $2000 10/1

[lottsgold] 14/10/2020 07:14

Morning all -So we've had the expected news that the company will increase capacity 100% with no movement in the price... which will get us moving?That JV and special dividend of around 1p a share would be my bet!-Announcement of circular regarding proposed JV with Ozaltin Holdings & special dividend 2/1-Tavsan EIA (Expected Q4) 3/1- Salibas EIA 5/1- Exploration update on Cyprus 3/1- Exploration of new high grade vein or underground mine option at Kiziltepe and upgrade of resource 7/1- Plan to increase capacity at Kizililtepe 5/1- Salibas drilling programme 8/1

[bigglesbingham] 13/10/2020 23:52

Finger crossed 8rad

[8rad] 13/10/2020 19:14

I think Deal done and Tavsan news equals 9p minimum....regardless of PG.

[bigglesbingham] 13/10/2020 19:04

Yep but they don't sell that pal that's my point

[plasybryn] 13/10/2020 18:09

First time I've been on the new site on my computer where I can see all the headings etc.. Well done Lottsgold. All looks great.
One thing I did notice is the Panmure Gordon share price of 11.99p is pre the Deal. It is only based on the current business model. Takes no account of the new partner or the cash injections. The date of that Note is 28th August 2020.
Also at $2000 gold and just a 6% discount the price quoted in their chart is 13.6p. That is their top price.
We won't get a full Analyst Note from them based on the new deal and the injection of capital until the Deal is finalised and ratified as I mentioned earlier today. It will be interesting to see what they then consider the Share price target to be at that time.
Cheers

[charles clore] 13/10/2020 18:07

As expected the price drops back on a gold price wobble. Patience required in spades.

[soulsauce] 13/10/2020 17:56

I agree dixi, another nice little flag is building.

[dixi] 13/10/2020 17:18

Chart since April looks fab to me, I know nothing about charting as a predictive science, but it's pointing the right way in a very solid manner as far as I am concerned :-)

[lottsgold] 13/10/2020 17:04

This 6p base should be quite solid by now. Feel like there are traders playing this range but can't see it being worthwhile?!

[bigglesbingham] 13/10/2020 16:08

Always been the way here! It's the way I managed to accumulate 3% :over a six year period

[lottsgold] 13/10/2020 15:52

Guys it's just a waiting game, we're used to being undervalued, even with being in Turkey which I see as medium risk we will be well north of here once the new JV is signed and a clear plan is presented for all our assets. Just because the company isn't shouting from the rooftops doesn't mean the plans aren't being formulated, many companies are releasing RNS' about plans to make plans just to get noticed for short term gains. Long term we will prosper, hold strong!

[bigglesbingham] 13/10/2020 15:31

Think you'll see buyers creeping back in sub 6p

[1candc] 13/10/2020 12:34

I don't think his buddies in big business would go along with that, it would destroy the Turkish economy so sleep easy IMO

[corrientes] 13/10/2020 12:31

Provided he doesn't go in for confiscation, though highly unlikely.

[1candc] 13/10/2020 12:23

Ironically whatever Erdogan does or stirs up in that region is probably good for the Gold price!

[bigglesbingham] 13/10/2020 12:21

Hi Plas not talking about the deal, talking about the last three years. We've added based on the story and the story has been excellent without any deal. No institutions on board and poor historic notes , simply saying I'm used to judging by results. From what I've seen they haven't produced any. Been hoping to be proved wrong for a long time in this regard. : I'm still waiting. I hope your right pal that's all I can say.

[renniks2016] 13/10/2020 11:56

You take this out of Turkey and put it virtually anywhere else and it's in the 25-35p range, recently the Sofia mosque/museum attracting global criticism and now Armenia, can't help but think this is the main reason we are not flying, but that apart the fundamentals are still there along with huge potential and any 100%+ gain in share price in less than 12 months can't be considered that back a performance, the fact it should be 5x where it is now, doesn't mean it wont get there in due course, but when it does, it's still likely to be undervalued! Imho

[kirbs4] 13/10/2020 11:49

I think there are indeed several possible explanations for stagnant share price action and all have been mentioned by several people. No matter what our personal views on potential issues, other people have differing views and when you see Turkey continuing tests of Russian surface to Air missile systems for instance it can easily create a negative image of the country particularly when fuelled further by our awful press and their stereotypical agendas, even if just subconsciously. That could be one reason. Similarly as has just been said, the share price has trebled from its low this year, it could simply be that people see immediate upside already factored in (I strongly disagree but it is a possibility). Add to that covid and the fact that AIM is not traditionally a secure spot for funds that are at risk already in these times, its possible there is a wave of people who would potentially invest here who haven't even looked at AIM this year.Loads more explanations, as has also been mentioned already though, the long term is what matters. If you believe this is underpriced, buy!

[corrientes] 13/10/2020 11:18

Know virtually nothing about this company, and most here saying it's terribly undervalued.

Maybe it's got too complicated a structure, and maybe Cyprus isn't a destination for investor funds.

Or maybe its trebled in six months and needs a rest.

[plasybryn] 13/10/2020 11:13

Panmure Gordon will communicate with their clients once the deal is finalised. They will also issue a Note based on the terms of the Deal once it is ratified. At the moment they are not in a position to speculate. That would be unprofessional. I'm sure their analysis and recommendations will be worth waiting for. We just need the Co. to issue the deal terms and get it ratified hopefully very soon now.