Ariana Resources Share Discussion Threads

[gaddy88] 18/2/2021 13:21

Drib drabbing away. 7p by June looking a bit far off now to me unless they can pull a rabbit out of the hat. Frustrating to say the least.

[1candc] 18/2/2021 13:06

Yet again any share price advance is smashed down by the persistent big seller

[konil] 18/2/2021 12:57

fwiw




Market Cap
UK£47.3m
Last Updated
2021/02/17 19:21 UTC

Executive Summary

Ariana Resources plc acquires, explores for, and develops mineral properties in Turkey. More Details
Rewards
Trading at 90.4% below our estimate of its fair value
Earnings grew by 57.4% over the past year

Risk Analysis
Earnings are forecast to decline by an average of 7.3% per year for the next 3 years
High level of non-cash earnings
Does not have a meaningful market cap (£47M)

[shortarm] 18/2/2021 12:54

I remember Kerim buying a very expensive national database a few years ago when we didn't have much cash........Anyone got details?

[lottsgold] 18/2/2021 12:52

New prospects in Turkey was mentioned a few times in that interview. Clearly Ozaltin are going to be pushing for new licenses and we have a large database don't we? The potential here is crazy now. How would it work in the JV in regards to purchasing licenses and the initial exploration, would the partners pay their percentages? Then we would be paid for defined resources at the stated rate of 3 times explo costs?

[lottsgold] 18/2/2021 12:39

A friend has just messaged me he has a Simply Wallstreet account, to be taken with a pinch of salt but it states 'trading at 90.04% below our estimate of its fair value' He's buying in.

[soulsauce] 18/2/2021 12:01

Cheers someuwin. A flash note, hopefully they can follow it up.

[mcmather] 18/2/2021 11:58

Re graphics, etc; the below are RNSs from the company’s website and which include PDFs towards the end of each piece. They should assist pinpointing the prospects; whilst this is an overview from a few years back (old thread) which might add a bit re Arzu Central, North and Derya;

24 Jan 2017: “Substantial scope to identify further mineralised veins in the Arzu Central area; system represents a structural splay which widens towards Arzu North and Derya”;

3 May 2017 – “MAJOR INCREASE IN KIZILTEPE RESOURCE”;

17 May 2017 – “KIZILTEPE WEST DISCOVERIES”; and which includes “These results confirm our understanding that the Kiziltepe vein system extends across a further 4km from the areas currently being developed as part of the Kiziltepe mine operation……The geochemical signatures of mineralised zones in the Kiziltepe West area appear very similar to those defined over the Arzu South, Arzu North, Banu and Derya veins”;

[sonoftherock] 18/2/2021 11:56

Must have taken them at least 30 seconds to come up with that.

[someuwin] 18/2/2021 11:50

Brief snippet from shareprophets...

"...Separately, Ariana’s Broker – Panmure Gordon – has offered up a flash note on yesterday’s news of the corporate action involving Ozaltin (and $37.75 million) having completed. With the stock currently at 4.8p, Panmure retains its target of 6.98p as we await more news on the Special Dividend to reward shareholders. Given that the price of Gold has been slipping, it seems that Panmure reckons that is balanced out by the certainty of the deal having completed, and that the company is now cash-rich with in excess of £25 million in the bank..."

[bigglesbingham] 18/2/2021 11:39

Don't start me off on the broker pal

[bigglesbingham] 18/2/2021 11:38

I know I've been critical of communication but I found that to be a succinct appraisal of the situation and I'm very bullish ( as many on this board are no doubt aware although I try to justify why). I think what is required is a document which new investors and existing investors alike can refer to to see where the company has come from, endorsing the exploration expertise, where it is ( returning some cash to shareholders no need for dilution) and where it's going ( application of indisputable exploration expertise) to expand upon excellent existing opportunities salinbas Cyprus plus new projects to be disclosed.

[8rad] 18/2/2021 11:34

I agree Plas...less words and more graphics for greater effect and enthusiasm. Kerim needs to get out of Perth asap for the boredom factor must be getting to him by now.

[soulsauce] 18/2/2021 11:27

You'd have to get the broker to show some interest first BB. I wonder if we are going to ever get a broker note :-/

[konil] 18/2/2021 11:24

bb, apply!

[bigglesbingham] 18/2/2021 11:19

You alway get people peed off with negative momentum for example take dixi who is a loyal shareholder. Just natural progression. The lack of PR hasn't helped the situation but it's something which is in the remit of the company so that's why it creates frustration. Sellers for independent reasons cannot be accounted for. However if I'd have been in charge I'd have got the broker to try and match the seller with potential institutions rather than let them sell through markets and hence affecting share price. I don't run the company though.

[plasybryn] 18/2/2021 11:10

It's all there in the interview, but I think Kerim needs to think beforehand what words he needs to use to make it come to life. He should have some diagrams to put it into context and talk more about what it means for the co. in terms of wealth creation. New investors will have no idea how this bit of drilling fits into the bigger picture. He needs to get help from Yellow Jersey. Spending time beforehand to formulate the words, the messages, the pictures. These are valuable communication moments and should be maximised. 5 out 10 from me!

[konil] 18/2/2021 11:09

ok thanks, got the brr media to work.

proccea to remain as 'managing partner'. good! doubt ozaltin have the know-how, not their traditional area of business - 'first mining project'.

[shortarm] 18/2/2021 10:53

A vein swarm..... sounds fine to me :-)

[kirbs4] 18/2/2021 10:50

I think people maybe over complicate the reason for the lack of share price reaction. I'm not saying I'm right or that there are no other reasons, but the basics are enough.A year ago this was a glaring opportunity for anyone involved in investing in this industry, we saw the impact of that as the share price rose to over 6p. Those same people are the ones who would be hopping on board now, but they've probably been and gone never to be seen again after the ridiculous delay and lack of communication. How many companies do we all have on that "Been there, never again" list? I think it could be that simple, and if so that means the only things that will stir up positive share price action are either phenomenal news that makes people forget that past, it would have to be phenomenal, or new investors, and I'd question how big that untapped base is given the majority of people who "may" invest in a company like this probably did last year. Probably massively generalising but I think the basics are more of a factor than these alternative views.

[daicaprice] 18/2/2021 10:41

A good listen but will it move the price upwards, from my vast 26hr experience probably not, no wonder you are all so frustrated.
I expected to be out with 6p by close today if I’m honest.

DC

[pedr01] 18/2/2021 10:37

Loaded up OK for me ...

[soulsauce] 18/2/2021 10:37

Works for me.

[konil] 18/2/2021 10:35

someuwin, thanks for the link but i cant get it to work?

message i get is "The media could not be loaded, either because the server or network failed or because the format is not supported."

anyone else have this problem?