Ariana Resources Share Discussion Threads

[linz22] 10/11/2020 14:45

Exactly.

The share price may very well see a pull back by the equivalent value of the 0.75p dividend, or whatever it turns out to be, once it goes ex-div. but from what level at that future date?

It might pull back to 7.2p from a new high of 7.6p, a more than plausible scenario, which would indeed provide another top-up oportunity at around 7.25p, say..

Or, on the other hand, it might be even wiser to increase one's holding now, at or around 5.2p (or anywhere below 5.5p which is a real godsend these days).

Each to their own, though...

[dixi] 10/11/2020 13:17

I think for the price to fall to reflect the divi once paid, it would have needed to have increased by the value of the new cash in the first place?

[jonc] 10/11/2020 13:06

Shortarm that will make the xd price a buying opportunity then.

I take your point but my view is that "usually" all matters that are in the public domain are also in the price.

btw

This is not the start of an argument. I am long and staying long. Just my point of view.

[charles clore] 10/11/2020 13:05

JonC - dividends are normally paid out of a company's earnings but this will be a special dividend using cash from a kind of windfall. On xd day I don't expect to see the share price fall back by much, if anything at all.

[8rad] 10/11/2020 11:56

Touche..Shortie.

[shortarm] 10/11/2020 11:28

After all these millions of dollars land in our bank account we'll have doubling of production at Red Rabbit, Tavshan adding 30k ounces PA and development of Salinbash (free carry). We'll also be earning in to 50% of an already JORC'd copper fold resource in Cyprus.It's as near to Free Money as exists!!!!!!!!!

[lottsgold] 10/11/2020 11:26

Hopefully higher production, exploration news and Salinbas updates will keep it moving if as expected gold price heads North with more stimulus.

[jonc] 10/11/2020 11:20

Good to see it recovering but it will drop back when eventually it goes xd.

It is not free money.

[thanksamillion] 10/11/2020 11:05

Now thinking this might really surge much higher than we expect on news of the agreement. No particular reason just a gut feeling.

[1candc] 10/11/2020 09:13

$2,000 year end, the Pandemic will not end overnight nor will there be plain sailing for the vaccine as there may be complications with mutations such as we're seeing in Denmark Mink plus anti vaxxers muddying the water plus distribution is not easy "because the vaccine has to be kept and transported in ultra-cold storage at below -109F (-78C). Most health centres in Britain simply do not have the facilities to do that"
The news is very welcome but there still remains the massive amounts of QE paper on governments books and more to come which will take decades to make inroads into, the temptation will be to inflate it away while suppressing bond yields. This is fertile ground for the Gold price and I think yesterdays market exuberance will be pared back over the near term as reality intrudes. I read that a lot of institutions were selling into yesterdays rally while PI's were piling in causing platforms like Hargreaves Lansdown to lock up. I fully expect Gold to slowly recover back to recent levels with a few bumps along the way but eventually I believe it will increase to circa $2,000 year end. AAU will shrug off this latest pull back as expected news underpins the share price plus the dividend payment.

[lottsgold] 10/11/2020 08:21

So what's everyone's gold price target with all the recent developments. Does a lot of it hinge on Biden ability to push through stimulus or will we have to wait if Dems can get a majority in the Senate? 2021 is set to see new highs in my opinion so we just have to wait it out. If we get new highs, Salinbas underway with increased production hopefully we can make the moves we all hope for!

[spacegazer] 09/11/2020 21:36

Really frustrating after our nice rise this am, to be totally wiped out a few hours later....However,onwards and upwards....I've got 2k left to invest this month......think I know where it will be going.....good luck all lth.....

[spacegazer] 09/11/2020 21:30

Don't think they will be able to keep price of gold down for long.......QE surging on......thats whats causing rise in pm .....they may have headed gold off at the pass for now.......it'll come back ....nothing surer.......probably stronger.

[cool hand kev] 09/11/2020 19:44

Gold recovering 🤗

[lottsgold] 09/11/2020 19:10

Frustrating timing today, thought the head of steam was building. Hey ho, as many have said there's a long way to go and plenty of twists and turns to come, not been as easy as I'd hoped this year that's for sure!

[yorkie52] 09/11/2020 17:59

Total overreaction as usual. The masses will be lucky to get a vaccine before next winter. Plenty of quantitative easing to come and further into the future inflation. All of which is good for gold.Aimo.

[bigglesbingham] 09/11/2020 16:48

5.1 mid market makers just not reverted to mid. Last sell 4.9 only 10000

[backmarker] 09/11/2020 16:38

not clear to me whether dollar's recent fall may has simply stopped temporarily, or is actually reversing. shortterm, PoG may (in $s) move in opposite direction.

however, longterm, all this QE and money printing will have to be paid for somehow.
probably via inflation if governments can manage it, but this hasn't always worked in past.

the argument for gold as a true store of value continues strong.

[someuwin] 09/11/2020 16:29

They only need to vaccinate NHS workers and vulnerable people. For the vast majority of young / middle aged / healthy people covid is not much of a problem.

[shortarm] 09/11/2020 16:08

They can make like 50 million doses by the end of the year.... Well, that's nearly England sorted - what about the rest of the world?

[1candc] 09/11/2020 15:54

A Covid vaccine still has plenty of hurdles to pass before it goes mainstream plus if variants of the virus mutate such as the Danish Mink outbreak then this could hinder a successful roll out of the vaccine. Looking at the markets today IMO it is just a relief spike that will likely fizzle out over the next few days as a more considered market response plays out.

[soulsauce] 09/11/2020 15:20

It's the good feeling bounce Charles and the dollar will be everyone's friend again for a while but it won't last.
I am annoyed with myself as I knew this might happen on vaccine news and should have cut my cloth accordingly, hey ho

[charles clore] 09/11/2020 15:17

Unfortunate this morning's good covid news has slapped down precious metals again. I don't really get it but hey...