Ariana Resources Share Discussion Threads

[bigglesbingham] 25/1/2021 11:08

Are you shorting

[lottsgold] 25/1/2021 10:51

You see this at 30million valuation? Surely you mean hope? Certainly feels like someone's shorting this at the moment...

[soulsauce] 25/1/2021 10:11

You are not a holder then Crest and never have been?

[crescenter] 25/1/2021 10:07

Chartwise it has fallen through support at 4.9p and his heading down.

There is support in the 3.9/4.2p area but if that is breached then there is another area of support resistance at 3.1/3.5p

After the dividend payment I see this at sub 3p.

[konil] 25/1/2021 09:41

plasybryn, dissapointing as the share price currently is there are likely to be 3 factors driving it up which broadly fit different timeframes.
near term - a more realistic valuation of assets perhaps catalysed by jv or dividend news
medium term - one or more of the existing projects reaching a successful milestone
medium/long term - news of new exploration, this has the blue sky potential of course (as does the current magellan project)

all imo etc. etc.

[plasybryn] 24/1/2021 16:59

This is a post on LSE by ASH which he has agreed I can copy across as I think it is interesting. I know this is a view held by Malcolm Palle of ex Mining Maven and now Coinsillium.
Hi all, I suggest you look at a chart of the price of gold for the same period - don’t think you’ll see much difference, if you laid one over the other. If POG goes up, so will the AAU share price and vice versa.
For something radical to happen, I would suggest there needs to be a major change in the fundamentals, such as increasing production.
Short term the special dividend should attract more interest because of the return and the cash pile will form a base, but growth is needed sooner rather than later to attract new investors when there are so many other opportunities in the same space.
Cheers, Ash

Can anyone reproduce the two charts so we can see the correlation. I think it's not just production numbers that could ignite interest, in fact I think it is more likely to be drill results from Red Rabbit, Cyprus or Salinbas, or perhaps a major milestone on Tavsan (E.I.S./Permit etc.) Or information on how AAU intends to invest its spare cash. The exciting thing surely is that such news could hit anytime and certainly during 2021.

[bigglesbingham] 24/1/2021 12:38

I reckon tax charges 22% , $37.5 divide by 2 divide by 1.37 = £10.6m so nicely equates to 1p per share. This will probably be when salinbas exploration and corresponding interest in results is happening therefore I predict the because the divi is so substantial that many will choose to add to holding. Therefore I don't anticipate any sustained fall in the shareprice due to dividend payment. This is why I've been adding it's ridiculously cheap for the assets held.

[konil] 24/1/2021 11:26

my guess based on various assumptions between 0.8p to 1p.

timing?

[inntolife] 24/1/2021 09:22

Does anyone have any insight as to when the divi will be and how much ?
Please

[a.fewbob] 23/1/2021 22:28

Ariana has had an excellent run. I’m not complaining!!

10p will be a four bagger for many!

Not too shabby..

[plasybryn] 23/1/2021 16:55

Shame you can't show us that visually.

[crossfirecssf] 23/1/2021 15:48

Looking again at the chart, there's a chance that we have a downward pennant formation, starting at 4p, apexing at 6p, and retreating to 5p. If so, the flagpole starting at 4p, indicates an imminent rise to 8p.

The valuation at the moment is clearly irrational,... that's a given, so it's either an impending crash, a major seller, the results of horrendous PR, or... a simple descending pennant in a continuing uptrend. Ever the optimist, I vote the latter. Hold your course folks...

[thanksamillion] 22/1/2021 11:49

Thats probably down to our new partner, also remember Ariana also has to get permission from the courts for capital restructure/dividend and logically they cannot even apply until the deal is finalized.

[kirbs4] 22/1/2021 08:19

So we are a week after the last external box was ticked and no sign of the deal being finalised. Does anyone have any idea how long the signing/filing etc takes in Turkey?

[2vdm] 22/1/2021 07:33

Lets get the money in the bank first from the deal. Then we can think about the future. We are a tiddler so not really on the radar. No bad thing for those who have confidence in our company. I keep adding at these levels as cash permits as I think gold prices will increase substantially over the next few years.

[8rad] 21/1/2021 19:10

Jaf... the wider market has never even heard of us so there in lies our current predicament....Backmarker too much introspection here by our ever so humble Bod.

[jaf1948] 21/1/2021 17:58

My question was rhetorical but thank you for your answer !

[shortarm] 21/1/2021 17:57

To answer your question.Yes :-D

[konil] 21/1/2021 17:48

introspection nicely reworded.

[jaf1948] 21/1/2021 16:40

backmarker,

I agree with you and I'm sure most people on here also agree with you. But clearly the wider market does not see it that way since our share price is the same as it was last August.

This begs the question - are we holders the ones who have got it right ?

[backmarker] 21/1/2021 16:20

Too much introspection here. AAU has effectively crystallised its Turkish operations for a share of a big operating and developing JV which should produce solid future revenues it couldn't release on its own.The future is now Cyprus, plus whatever new fields it acquires post the JV with the new cash.Although AAU has done well as a developer at heart it is an explorer, and a very good one to boot.To refocus on exploration while having a share in a production unit to generate its exploration funding makes a lot of sense.

[charles clore] 21/1/2021 15:39

The price and RSI look like they have hit a safe floor. I would be surprised if this price level was undermined - but I have been wrong before and that's why I still have quite a bit of dry powder despite adding another 250k at sub-5p today.

[konil] 21/1/2021 14:12

plasybryn, thanks. hope company take appropriate actions so share price benefits from some of that exploratory blue sky potential sooner rather than later. with the safety of its income streams and cash reserve and limited debt then with good drill numbers it should rocket more than others, in theory at least. here's hoping anyway.

bod have done well to position aau like this. it is a really exciting exploration investment with potential for multiple bags but without the related risk of going bust.

the cyprus cu/au project seems to give the most near term chance of blue sky. salinbas is probably some way off but once ozaltin get going hopefully not too long. embryonic aau projects (which we have not heard of yet but has been alluded to by ks) some way off of course.