Ariana Resources Share Discussion Threads

[dixi] 19/1/2021 09:21

I'm not in agreement with Crescenters post either, I think the issue has been the drawn-out process to get to where we are.

[konil] 19/1/2021 09:18

post 2924 "The hard facts are that AAU will have a minority interest in its only producing asset with no control over what happens in the future plus some exploration jam tomorrow assets."

they will have a 25% representation on the jv board (and 50% with long term partner proccea).

but even if it is as you say then perhaps aau will now be seen as a 'hope value' stock with its jam tomorrow assets and any good news on its multiple drill targets could see the sort of rise we see elsewhere. and if the pm/copper bull gets its second wind it could get quite wild here on that basis.

meantime a big divi is coming, and there will remain a big cash balance so no fear of dilution unless for a very good reason and not just for next 6 months survival etc., and there will be a 23.5% interest in cash cow projects; 1 paying now (kizil), 1 in near term (tavsan), 1 mid term (salinbas, a biggie with free carry to development stage) and the backing of a local heavyweight corporate to drive projects forward.

do you really think this is an error of judgement by ks?

[backmarker] 19/1/2021 09:11

Some of you seem to think "long term ""means a few months.Get real.

[1candc] 19/1/2021 09:10

Disappointing initial reaction, par for the course here but I think we'll see an upward trajectory for the share price albeit slow in the coming weeks

[haut brion 58] 19/1/2021 08:57

Kerim and co are miners not pr and marketing experts. They employ relevant experts to advise and promote AAU.I say fire Yellow Jersey and PG... today

[crescenter] 19/1/2021 08:56

The hard facts are that AAU will have a minority interest in its only producing asset with no control over what happens in the future plus some exploration jam tomorrow assets.

The market is valuinf AAU accordingly.

This has been a massive error of judgement by Kerim.

[dixi] 19/1/2021 08:51

Somebody needs to step up and sort this out. It's clearly not working for investors, however great the prospects currently may be. How long can long-termers realistically wait? I'm growing old watching this one, opportunity is not what it once was.

[soulsauce] 19/1/2021 08:50

Don't worry PG will ride to the rescue with some stunning commentary, backing of the company and exciting new valuation - oh wait!! 🤔🙄

[charles clore] 19/1/2021 08:46

Today's performance demonstrates Kerim & Co. don't have a friggin clue about business or PR. Pitiful!!

[dixi] 19/1/2021 08:46

Well it really isn't bad news is it? AAU appears to still not be attractive enough to investors currently. Money going elsewhere no doubt. The JV has taken so long time has taken its toll. Had this happened in weeks/months after the initial announcement in 2019 I think we would all be considerably wealthier.

[kirbs4] 19/1/2021 08:38

Exactly.ItsStillNotSignedFrankly, after 13 months delay, and given the only external rubber stamping required was this competition authority approval, how the hell do we get to this point and they still don't have the internal ducks lined up.This rns, imo, should have been "We finally have the competition authority approval and the JV will be signed today".

[d1g3y] 19/1/2021 08:36

And I thought I had managed to time my top up perfectly lol

[d1g3y] 19/1/2021 08:32

I was thinking it refers to the JV moneys as until it's in the bank it's not guaranteed

[nov31] 19/1/2021 08:32

Given the significance of the news, the way the RNS was worded was pathetic and amateurish. It updates the informed but does nothing to attract interest or a new audience. VFU - very fed up!

[crossfirecssf] 19/1/2021 08:26

Finally. And so down we go...?!

[amunro] 19/1/2021 08:25

Bit of a non event RNS? Almost like they have lost interest in sharing news and promoting the company? For outsiders who don't know the story it means nothing. AAU need to sell their story better otherwise we will continue to languish on a low share price.

[lottsgold] 19/1/2021 08:14

I see what you mean Soul, where will we be able to crystallise value? I can only assume by using the cash and drilling everything out? No assets to sell at this point?

[xow98] 19/1/2021 08:08

Progress. Nice to have some additional information in the RNS, rather than just the announcement of the Competition Authority Approval.

[soulsauce] 19/1/2021 07:59

Great news. Very interesting last paragraph from Kerim. I am still trying to work out what it exactly means.

[lottsgold] 19/1/2021 07:51

I really won't be surprised, think it's going to take a while to get investors on board the new structure. News flow over the coming months will hopefully build the story and get people excited again. End of year is what matters to me. 12p this year:)

[kaos3] 19/1/2021 07:51

5.5p

top of the recent trading range

or more

now I am again against most - by being very optimistic - strange world

[rumpus1] 19/1/2021 07:42

Guestimates / sweepstake on share price at end of the day? I am going for 5.10 - 5.20 as usual.

[plasybryn] 19/1/2021 07:39

Thank goodness for that. We can move on to a new chapter and this thread can discuss new exciting things. I'm sure the relief amongst the Board is palpable given it's taken so much longer than anyone expected. Well done to them and all those shareholders who patiently held on.A new dawn awaits.

[kirbs4] 19/1/2021 07:34

What's the reason it can't be signed immediately? Does that suggest they haven't lined everything up between Oz and Proccea in the meantime? Kerim mentioned something about an outstanding issue with the way the JV is structured in that interview last week.