Ariana Resources Share Discussion Threads

[kaos3] 19/11/2020 13:03

Turkey, under a brand new central bank governor, hiked its policy (one-week repo auction rate) by a whopping 475bps to 15%, right on top of estimates.

what I wonder how "efficiently" is AAU getting paid for its gold sales what is the currency export cost and exchange rate P#L atm

[ironstorm] 19/11/2020 12:42

Paul a very good point.

All the talk of the deal and I almost forgot that the current JV must be throwing cash in our direction at regular intervals as well as building up cash reserves.

Nice

[paul280i] 19/11/2020 12:04

and digging out more gold and silver goes on.....

[kirbs4] 19/11/2020 09:56

Wait goes onDip goes onZzzzz

[lottsgold] 18/11/2020 22:16

I've recently emailed the company with no reply to my questions which I hope/assume to mean news is imminent. Drawing at straws or not I've run my figures albeit as an inexperienced investor and a mid term price of 15p seems more than reasonable. Lots going on in the world but if i've learnt anything sticking with a company I know inside and out, with management who I believe I can trust will bring the best results. I hope we all end up in the green at the end of all the current adjustments and believe all assets could possibly rise for a while....long term I will stick with a growth company in a resource that can't be duplicated.GLA

[soulsauce] 18/11/2020 22:12

Thanks bigglesbingham I would be disappointed too but I am not holding my breath given the current form.

[pedr01] 18/11/2020 21:48

Sounds sensible ...

[bigglesbingham] 18/11/2020 21:25

I never know more than anyone else on this board but based on what they have said in public I would be disappointed if circular not out by end November. As I have said previously if government haven't done their bits so what it can still go to shareholders subject to government doing their bit.

[charles clore] 18/11/2020 20:30

It looks like another buying opportunity presenting itself at this price. The profits must be pouring into the bank account right now. Silence is golden they say.

[8rad] 18/11/2020 19:50

Sisyphus….a bit harsh but definite concerns here especially with absenteeism.

[soulsauce] 18/11/2020 17:09

True JAF. It's a week short of a year for me :-/

[plasybryn] 18/11/2020 16:52

From Show me the money T shirts to Greek methodology. We've got it all covered here.

[corrientes] 18/11/2020 16:48

This looks more and more like a Sisyphus situation.

[zedder] 18/11/2020 16:34

Can we have a T-shirt with "Show us the money" on it!

[dixi] 18/11/2020 16:30

Well I'm not currently buying any AAU apparel, so I have no chance of winning the coveted polo shirt. But I will definitely be in the 'got the t-shirt' camp if this damn deal gets finalised.

[plasybryn] 18/11/2020 16:13

I still think the winner of the Polo shirt announcement could come first. Got to get the big news out of the way first. Difficult to concentrate on mere £35m buy-ins when you have your shareholders or tender hooks for the winner to be named. Either that or it is another holiday season at Ariana. But then after share transactions by directors isn't that suppose to indicate a no news period. But I'm expecting the numbers next week and the JV Agreement by end of November. But who knows.

[jaf1948] 18/11/2020 16:08

Soulsauce,

It's a manifestation of the half full / half empty syndrome. To some, it is merely 359 days since the MoU. To others, it is a week short of a year.

[dixi] 18/11/2020 16:03

Quarterly ops update was on the 22nd Nov last year, presumably we can expect similar timings this year? I don't expect it will do much for the share price in the current climate, but it would be good right now to have something else to digest :-)

[soulsauce] 18/11/2020 15:35

Days away bigglesbingham? Do you know something we don't?

[charles clore] 18/11/2020 15:31

And given the current rate of progress the date of the general meeting should be some time around Christmas if I am not mistaken. Plenty of time to watch the share price weaken and buy on the dips.

[bigglesbingham] 18/11/2020 15:31

Some desperate seller out there , who would sell at sub 5p with deal circular days away?? Beyond me.

[thanksamillion] 18/11/2020 15:23

Any ex-dividend-date will be confirmed only after the motion to approve the deal is passed at a General Meeting. If the dividend declaration is tied to the deal it may be shortly after, but more likely it will be some weeks later.

[soulsauce] 18/11/2020 14:12

No cut off date mentioned yet, not surprising as the goal posts keep moving.

[bosbus] 18/11/2020 14:10

As I've said previously, I re-invested my expected divi soon after it was announced, leaving myself skint and now watching my re-investment tumbling. For those who are still in a position to top up, are current buys eligible for divi or was there a cut off date?

[1candc] 18/11/2020 13:50

Investors getting impatient, soon be time to add