Ariana Resources Share Discussion Threads

[xow98] 14/11/2020 13:10

Goldman Sachs has pinned a $2,300 per oz target on Gold for 2021, saying that its bull market is not over, according to fnlondon.com, as inflation expectations will move higher, the US$ will weaken and emerging market retail demand recovers. Compared to some forecasts, this is extremely modest but a 22% gain for the yellow metal would still be significant.

[cool hand kev] 13/11/2020 13:23

PGM’s spiking

[thanksamillion] 13/11/2020 12:52

Last trade at 5.3, just one more push.

[thanksamillion] 13/11/2020 11:51

Looking at the chart this rise to 5.25 indicates to me that the next leg up has started and the deal announcement is imminent. Hope so.

[pharmoutcomeszzz] 13/11/2020 10:52

I’d like £1 for every time I’ve read the word ‘transformational’ on this board over the last year when used in relation to the pending JV announcement! To be fair, a year ago the share price was 2.1p. An annual increase of almost 150%!! Not bad and whilst I understand the frustrations of some long term contributors on this board, some financiers may rightly comment that in today’s environment an annual return of investment of 150% is ‘transformational’!

[plasybryn] 13/11/2020 10:39

Next big announcement -- Polo Shirt winner!!!
Just joking

[charles clore] 13/11/2020 10:35

I'd love to get a few more at sub-5p

[pauliewonder] 13/11/2020 10:16

I think the market is waiting for the JV which will be transformational both for the company and the share price in my view. Unfortunately they can't do a great deal about the timing of it so we are waiting and with other AIM shares offering more volatility at the moment, that's where the attention is. Happy to accumulate at these levels

[soulsauce] 13/11/2020 09:08

Should have some quarterly figures next week shouldn't we?

[bigglesbingham] 13/11/2020 09:07

The shares are tightly held and over the years AAU has flattened over periods. It's during those times I've historically added.

[soulsauce] 13/11/2020 09:02

Hard to argue against that JAF, very unfortunate.

[jaf1948] 13/11/2020 08:59

Yes, the JV will in all probability go through and yes, Ariana is still making good profits in the meantime, but all momentum in the company has been lost IMO.

[thanksamillion] 12/11/2020 14:05

Gold having another go at 1900?

[1candc] 12/11/2020 13:04

I added 161,734, better to buy now in the quiet spell rather than the likely scramble on news arrival

[cbeadle] 12/11/2020 11:17

I added, not so sure it’s going below 5p again now

[thanksamillion] 12/11/2020 11:06

UT for c.70k just gone through for under the bid price..odd

[pauliewonder] 12/11/2020 10:45

Bought some more

[thanksamillion] 12/11/2020 10:14

Wat no trades today?

Edit.
Well the above seemed to draw one out from somewhere.;-)

[bigglesbingham] 11/11/2020 22:03

I believe we would have heard or sensed there were troubles of the kind you refer. My strong believe is all parties are firmly committed to the JV and translation of final agreement would be my guess on the delay now. They said they were having meeting week last Friday , assuming all went well they would have to get agreement ratified in English and Turkish so it means same in both languages. Once this is done I don't see harm in issuing it to shareholders subject to tick boxes by Turkish government. That's my take. My expectation is circular by end Nov .

[thanksamillion] 11/11/2020 19:47

I doubt he could resist having a scout around Aus. for potential J.V's. whilst he is there.

[paul280i] 11/11/2020 19:19

trevour
I think you will find that Kerim lives in the UK but he was visiting his wife's family in Australia for Christmas last year when he got caught up in the Corvid lockdowns. Ariana have a great team on the ground in Turkey so I don't worry about where Kerim is, with today's communications he could run the Company from anywhere.

[charles clore] 11/11/2020 17:49

It looks to me as if the price could revisit sub-5p. It would be nice to round up to 5m shares and I will be keeping a sharp eye out for the opportunity to present itself this week.

[charles clore] 11/11/2020 17:43

I was wondering the same thing myself. Kerim must be doing a lot of management via internet. Good job he has superb management and geo teams.

[plasybryn] 11/11/2020 17:40

Hang on in there. No news is good news. That is nothing has changed. But it's not just the J,V. shareholder circular due before Christmas, surely there is the potential for a lot more accretive news. All the while the J.V. is delayed we keep creaming the profits in of course as well. The lightbulb moment really can't be far away imo.

[trevor1234] 11/11/2020 17:39

When was the lastn time Kerim was in Turkey?
I know we have corvid and he may have to isolate
I Know he is with his family
But Aus is a long way away
How long have they lived there any one know?
Perhaps we will get more opportunities in Aus with the money
Just seems strange to me living in Aus and haveing all your work in the Med area
Can't beat living on the job you get a better feel for things