Ariana Resources Share Discussion Threads

[8rad] 16/2/2021 19:06

Jaf ....there is a lot of your sentiment running through this board where leadership is in a backroom in Perth. What is there hope for us when we realy on the absent Fremanle Doctor?

[jaf1948] 16/2/2021 14:58

Lottsgold,

That's perfect now. Thank you for taking the trouble.

[lottsgold] 16/2/2021 14:56

Hi JAF, I've updated the header for you, hopefully that gets the share price moving haha

[bigglesbingham] 16/2/2021 14:32

Yes absolutely

[jaf1948] 16/2/2021 14:29

pharm,

Like biggles, I try to invest based on fundamentals and Ariana's look good. It is a cruel thing to say but I think Ariana will succeed DESPITE the BoD rather than DUE TO the BoD - I wouldn't have said that this time last year.

[pharmoutcomeszzz] 16/2/2021 14:21

You’re absolutely correct of course JAF. Long been a fan of KS but he has made kindergarten errors over communications this last year. Takes years to build up a reputation and now only a few months to put a massive hole below the waterline. Interested in your tug of war thought processes going on JAF. You’ve been generally and rightly critical of the company for some time now but still bought some more shares??!!

[red imp] 16/2/2021 13:47

Biggles - hope you are referring to PG rather than the BOD!

[bigglesbingham] 16/2/2021 13:41

I want them out they haven't produced results in the seven plus years I've been investing. I told board directly several occasions. Hope they know something I don't.

[soulsauce] 16/2/2021 13:15

Fair comment Jaf.

[jaf1948] 16/2/2021 13:10

I'm afraid the buck stops at the CEO. KS's job is to lead the complete enterprise, not just the bits he excels in or enjoys most. Whether he likes it or not, Public Relations are an essential facet of a CEO's job. If the companies that Ariana are employing to get the PR across are failing in their tasks, then it is up to the CEO to instruct them or get some new ones - not just to let it drift.

As someone said earlier, the BoD are losing many years of goodwill over their inaction.

[thanksamillion] 16/2/2021 13:07

Meanwhile gold looks as if it is about to test $1800.

Its all sent to test us.

[konil] 16/2/2021 12:52

all that good stuff...no, stupendous stuff really.

but the share price sliding away day by day. red holding painful and problem is not everyone has resources to keep adding, i'm in that boat, so cant take advantage.

it is still ho hum from where i stand. c'mon aau throw us a bone please.

[soulsauce] 16/2/2021 12:42

Again bigglesbingham isn't that the brokers job to put out regular valuations.
But it seems PG are always waiting on something. This time it's the JV.

Quarterly update due next week.

[bigglesbingham] 16/2/2021 12:37

Madness the PR dept needs to reiterate these facts ideally in a comprehensive document which potential investors can refer to. It's so blindingly obvious what's required just not happening fast enough. However added again today

[plasybryn] 16/2/2021 12:37

And the existing Resources. At Salinbas we have a JORC Exploration Target of up to 2.7m ozs of gold and 16.1m ozs of silver in addition to the current JORC indicated & inferred resource of c. 1m ozs of gold. Nearly 4m ozs of gold at just Salinbas before the exploration work has really got under way which it will this year. All fully funded.
At Tavsan and Kiziltepe the resources are Measured & Indicated. Can't recall the figures but these will increase as well with planned exploration. Then there is the stockpile and investments plus cash..... The revaluation, when it comes, is going to take a lot of people by surprise big time imo.

[huffster] 16/2/2021 12:36

..and as a reminder in the short term (in addition to JV completion and Special Dividend) we have news on:

A two-rig diamond drilling programme for 4,000 to 5,000m commenced last week (1st week of Jan) at Kiziltepe to test vein extensions at Arzu South, Arzu North, Derya and Banu, with the aim of further expanding the Kiziltepe resource; drilling may continue at the Karakavak prospect once drilling at Kiziltepe concludes.

-- Environmental, community and permitting activities have continued for the Tavsan and Salinbas projects through the winter, with resource drilling activities due to commence at Tavsan from spring 2021.

-- Percussion drilling by Venus Minerals in Cyprus for 1,705m (comprising 15 holes) on a conceptual structural target, has discovered an up to 12m thick, 50 x 300m silica-pyrite-chlorite alteration zone containing anomalous gold geochemistry at a depth of 50 to 80m below surface; planning is being finalised for a diamond drilling programme to commence on the Magellan Project in the coming months.

-- The Company is evaluating several copper-gold targets generated elsewhere in Eastern Europe and is looking to develop further interests in the region.

[shortarm] 16/2/2021 12:29

And I forgot the first JORC resource of copper gold in Cyprus for a long long time!!Strange innit

[shortarm] 16/2/2021 12:28

So, the company is valued at 47MWe have 7.something in retained earnings and we get 27MVery shortly.So really we're valued at less than 12 million for:Red Rabbit - where capacity is doubling Tavshan - where our next mine will produce a minimum of 30,000 oz paSalinbas which is right next door to Hot Maden!

[shortarm] 16/2/2021 12:15

I feel I have enough in the three of them (CHF, KAV and PALM) but I'd be happy to put more in here.......(I already have a LOT here!)

[kirbs4] 16/2/2021 12:04

Haha!! You already have a nice home there waiting then :)

[soulsauce] 16/2/2021 12:01

Possibly 5huu. But one thing is for certain the PR has not improved one bit.

[5huu] 16/2/2021 11:57

Hi soulsauce. Yes I can imagine how you (and a lot of other long-term holders feel). Although I guess the thing to remember is that the fundamentals and potential of the merger remain the same. Value always outs in the end. I can remember our previous conversations over the years about just how poor Ariana's communications/PR has been and what poor value they have got out of the experts they've paid to undertake that task. Kerim has done a fantastic job as the captain of his own ship, but I guess sole control is possibly now out of his hands on certain aspects of the merger.

[shortarm] 16/2/2021 11:35

Although KAV, not ECR

[shortarm] 16/2/2021 11:35

I have though :-)

[soulsauce] 16/2/2021 11:32

5huu the $64,000 question we would all like to know. It just continually rumbles along. Just when you think there is one last box to tick off then another one appears with little explanation as to what is required to complete or how long it will be.
The way I feel at the moment I just wish Ozaltin would take the lot for 7p and have done with it.
I have never known a company so lax in self promotion and it does shareholders no good at all.
It borders on the ridiculous.