Ariana Resources Share Discussion Threads

[soulsauce] 04/1/2021 13:37

Welcome Age. You was after a decent cheap silver miner and we produce quite a lot of the stuff.

[cyberbub] 04/1/2021 13:36

I've been to Turkey too, very pleasant sunny place and friendly people. That shouldn't blind us to the fact that the country is currently run by an authoritarian religious nationalist, who crushes dissent and will do or say anything to stay in power. The country has the highest number of political prisoners and imprisoned journalists in the world. The economy is big and dynamic, but currently on shaky grounds as evidenced by the sharp weakening in the currency recently.

So yes the Turkish political risk is lower than many countries which are run by outright dictators or kleptocrats. But that definitely doesn't mean it's as low as a European / N American / Australian / Japanese country....

[agereset] 04/1/2021 13:34

In with £5K

[konil] 04/1/2021 13:33

imo govt clearance for the jv will unlock more than salinbas. until cleared and jv finalised ozaltin will not put their weight behind the kizil mill upgrade, nor the tavsan mine. these two are near term compared to salinbas.

salinbas, venus and everything else is too far out to have any major impact on share price now...unless gold/silver has another stupendous run, in which case all boats will rise with the tide.

but other than that, for the short term, its all about the govt clearance for now. i wonder how the negotiations over the thickness of the envelope are progressing.

[cyberbub] 04/1/2021 13:25

Lottsgold, when you say 'gnatt charts' surely investors will want bigger charts than that? ;-) :-)

[lottsgold] 04/1/2021 13:20

You've proved your point there Plas. I understand the arguments on both sides but have to agree on the difficulty for new investors to see the potential here, the news flow is going to be thick and fast this year. Are there other options to be weighed up, or can gnatt charts have loose guidelines where necessary or does that defeat the point. For instance the government approval can't have a precise date as it is out of company control.I'm all for getting the story across, we have a great story to tell but from comments on other boards other investors who don't take the time to research think we are just a hashed together group of assets and don't see where we are headed.

[soulsauce] 04/1/2021 13:18

You know my views Plasybryn. I can see both sides but this year with so much big change and potential new projects coming in I am not sure how relevant it would be.

[plasybryn] 04/1/2021 13:08

Do I dare suggest that we ask the Co. to produce a Gantt chart again so we can all easily see where we are and what is expected over the next 12/24 months? I know Biggles isn't keen, and the Co. have resisted re-introducing it, but with so much going on, it is hard to keep track as you say Lottsgold. If we, who are hardened long termers, find it difficult, what must it be like for newbies or those researching us as a possible investment.
I'm convinced this is one of the reasons why we aren't attracting more new investors. But to get the Co. to listen to this request, it needs to be more than just me asking for it. Any views? Should I shut up?

[lottsgold] 04/1/2021 13:02

Think a lot of the news hinges on the government approval which we hope is coming this month but we all know we can't predict the speed of these processes.

Prelims are probably most likely first?
Drilling plans over the next 6 weeks?Results are expected for Q2 for Kiziltepe and Tavsan from memory?
Tavsan EIA expected this quarter, you would think the Capex plans will come in around the same time.

We also have drilling planned in Cyprus but Im not sure on dates.

Also Salinbas drilling plans to be announced imagine.

There is honestly so much news I am struggling to keep track, I should probably start to keep notes now we are more active on multiple fronts. I'll try and narrow this down for the header, if anyone has input that will help please dole me know.

[plasybryn] 04/1/2021 12:57

Good post Charles - Thanks. You are obviously well informed. As I understand it we are indeed awaiting the Government to grant Strategic Investment Status to Tavsan, (like we have for Kiziltepe) our second mine with all these generous financial benefits. No doubt will be granted, just a matter of time.

Apparently they were discussing the stock market on Radio 4 this morning. They apparently said gold should do well with Bonds collapsing as I mentioned in my post 2483.

[charles clore] 04/1/2021 12:54

Plas - what about an update note from PG? that could light the blue touchpaper.

[charles clore] 04/1/2021 12:50

Plas - you are right about Brits wanting to live in Turkey. Fantastic place steeped in culture and history. I would rather have my money invested in one of their country's gold mines right now than in some other locations in the world. The government officials are helpful, considerate and the country has a well-structured mining policy with incentives for miners, e.g.

Group 4(c) mines (that is, gold, silver and platinum) that create additional added value by processing the minerals produced at their facilities within the country, are not required to pay 40% of the royalties for the quantity of the minerals used for production at these facilities (Article 9, Mining Law).
If the minerals are produced by underground mining methods, 50% of the royalty payment is discounted (Article 14, Mining Law).
Tax reduction for investors in the mining sector is provided for by Decree No. 2012/3305. Accordingly, mining facilities benefit from the incentives granted to investment in the fifth region, which are 80% during the investment period and 20% during the operation period.

It would be helpful if they could give an indication of when permission will be granted for the deal, as I feel this could be holding back large investment decisions

It's in the hands of the Ministry of Energy and Natural Resources now.

[plasybryn] 04/1/2021 12:32

Going back to AAU, what news are you expecting first Lottsgold.

1. Authorisation from Competition Authority in Turkey
2. Preliminaries - mid January
3. Circular to shareholders to convene a General Meeting of shareholders to ratify Special Dividend
4. Capital re-organisation progress - Court approval
5. Authorisation to distribute an inter-company dividend
6. Tavsan final CAPEX costing
7. Drilling plans/news

What do you think Lottgold?

[plasybryn] 04/1/2021 12:26

Turkey is hungry for gold and as we know buys all we produce. Unlike us they are being sensible and cautious building their gold reserves. Now we have Ozaltin on board we will have even more influence in the right places. I have few sleepless nights about investing in Ariana because it is mainly in Turkey.

[spacegazer] 04/1/2021 12:25

Bloody phone.....kany spel.....lol

[spacegazer] 04/1/2021 12:23

Soul.....Thought though we decided a good while ago that Erdo?an wouldn't be likely to rock the boat....

[plasybryn] 04/1/2021 12:21

If we are discounted because of Turkey, surely those in far worse locations like Mali, Congo (DRC) Zimbabwe, etc.etc.must be far more risky than us. In fact the Turkish economy is probably far more stable than ours with one of the lowest debt to GDP figures in Europe - in fact not far behind Germany. And of course it is a store of massive natural resources and so strategically important due to its location etc. But the media propaganda would prefer you thought differently. Brits buy homes there. They love to holiday there. When they go there, they are amazed at how developed it is. Could you say the same of Africian gold locations for example.

[charles clore] 04/1/2021 12:19

In the absence of anything happening here I am not averse to reading the views of other posters related to global events that could have or are having an influence on the price of precious metals. However, the rights and wrongs of various players involved in US politics is not debatable on this thread simply because they are so damn corrupt and their judges so untrustworthy that a UK judge even refused to extradite Julian Assange this morning!

[lottsgold] 04/1/2021 12:16

I don't mind talking gold, silver and the dollar Plas. Dot. want to over police things but the other comments were just inflammatory nonsense.

[lottsgold] 04/1/2021 12:15

No probs Cyber appreciate a lot of what you have to say. Turkish politics are of course relevant. There are so many angles there it's hard to really make any comment with certainty, we can say we are discounted as a company because of it though for sure.

[cyberbub] 04/1/2021 12:08

Sorry guys, I got a bit carried away, I know you shouldn't respond to the hard-of-thinking.I guess Turkish politics is still relevant on this forum. There is a level of political risk which can't be ignored, but hopefully it's only moderate, unlike in some other more exotic countries.

[soulsauce] 04/1/2021 12:04

What about that Erdogan though 😄

Sorry couldn't resist it.

[spacegazer] 04/1/2021 12:00

Yeah...knock it off guys....no political rubbish here....This is the AAU thread....just about our company and its future please.....