Ariana Resources Share Discussion Threads

[dixi] 30/10/2020 09:10

I would think whoever took KS's shares is hoping for a bit more than this too.

[uknighted] 30/10/2020 09:08

No early morning RNS allied with KS selling his shares does not look good. However, I have no concerns because I trust KS not to make a blatant error in selling his shares knowing no RNS would ensue. The day is just begun, I’m sure news will follow sometime today.

[lottsgold] 30/10/2020 09:07

Same another 200,000 for me. It's not been a great period but deal on or off this is crazy cheap!

[jaf1948] 30/10/2020 09:06

I have to say that I thought Kerim was better than this.

[mad foetus] 30/10/2020 09:06

Well I'm adding here

[red imp] 30/10/2020 09:05

People have waited a long time - almost a year - for this RNS, because of the hoped for increase in the share price. If it is announced today the best we can hope for now is a return to the price AAU was at 10 days ago.

[jaf1948] 30/10/2020 09:04

Agree, soulsauce, but one does get a whiff of the phrase 'I'm all right, Jack'.

[soulsauce] 30/10/2020 09:03

I don't think the JV is off for one minute, but what I do know is, as Kirbs says, this week has been very much along the bad old days and the mgt haven't covered themselves in glory.
I think it is a massive overreaction with the share price but in the current market I am hardly surprised.

[someuwin] 30/10/2020 09:02

Buys coming in now...

[shortarm] 30/10/2020 09:01

Yeah, I was joking dude - but keep selling I have room for more!

[kirbs4] 30/10/2020 09:00

Who would've thought that failing to update the market by the promised deadline on a deal that is already 10 months overdue would've resulted in the share price dropping. Can't blame the board for not expecting this reaction.

[dixi] 30/10/2020 08:58

Well it's a fantastic buying opportunity if you implicitly trust KS to deliver. Clearly some do.

[crossfirecssf] 30/10/2020 08:57

Starting to look pretty bad now... free fall.

[actonovator] 30/10/2020 08:57

Please not an Andrew Bell style Friday after-hours rns!

[corrientes] 30/10/2020 08:57

Any con men around, sorry con persons.

[soulsauce] 30/10/2020 08:54

tyro he doesn't he was saying it tongue in cheek so he could grab a bargain.

[crossfirecssf] 30/10/2020 08:54

It’s looking awfully like another delay, material change in terms, postponement, divi delay or cancellation, or cold feet altogether (could be completely wrong here obviously).

I’d expect them to be hastily preparing an RNS due to this weeks damage and shareholders reaction, which historically in these situations has tended to be released sometime around midday.

Whether coincidentally or otherwise, during the latest interview, not only was there no mention whatsoever of the JV, but Kerim looked ever so slightly less happy and ever so slightly more tired than before (again, could be my imagination).

Either way, a circa 20% over the past couple of weeks is out of step with the average drop in mining stocks over this period, which points to something more.

We know that news tends to leak like a sieve on AIM, so while I stand to be corrected, and would be delighted to be, the signals don’t look fantastic. All purely speculative on my part. Fingers crossed. :o/

[xow98] 30/10/2020 08:54

KS had the right and fully deserved to exercise his options and one cannot fault him for that.

The lack of an explanatory note from the BOD about the reasons and the timing of the sale, while fully cognizant that the upcoming self imposed October month end RNS deadline on the JV was due and might now be missed, or at best running up to the wire, appears to be naive, at best.

The failure to issue a holding RNS this morning has caused the 10% fall. Hopefully one is issued shortly before further damage is done.

[corrientes] 30/10/2020 08:54

Absolute tripe

[tyranosaurus] 30/10/2020 08:53

Shortarm
Tell me how you know it`s all off.

[alwaysevolving] 30/10/2020 08:52

So happy I bought a load more at 6p just a week “before the end of the month” and the promised Circular! FFS.

[jaf1948] 30/10/2020 08:50

I don't think anyone really cares at the moment whether the deal is on or off - both are good for Ariana. That's not the problem.

[shortarm] 30/10/2020 08:45

It's all off, keep selling please :-)