Ariana Resources Share Discussion Threads

[kirbs4] 22/2/2021 10:00

This is the point.. Timing.. The content and material impact are indeed minimal, but timing and management of the moment are part of wider problems that have held back the share price over a number of years, so it is absolutely right to be frustrated at another example of it being done badly. Momentum is important, and "we'll ten bag in ten years" followed by "..has exercised options" doesn't add up or paint a picture of undoubted success, however black and white you want to think investors are.

[johnswan193] 22/2/2021 09:54

This RNS is nothing to worry about, though it may well mean nothing major is imminent. He was probably hoping the JV announcement would pay him off a bit more than how it transpired.

[linz22] 22/2/2021 09:44

Exactly!

Kerim draws a very moderate salary from the company so clearly chose to exercise those options to draw on some funds, towards living costs, perhaps? He is stuck in Perth, WA, for the last year, after all...

But, the net result of his latest transaction was actually to increase his total stock holding in the company by a million shares. If his exercising of options right now is deemed worthy of spooking the market into a reduction of the SP, then that might be considered by PIs as a huge bonus of a buying opportunity. (Odd that certain posters to this board were moved to sell up on the news of Kerim increasing his stock on the cusp of the company announcing a c.20% special dividend..!).

In short; the prospects for the company haven't changed, the fundamentals are still spectacular and AAU is still ridiculously undervalued and a gift at these prices. Kerim can ultimately do what he wants with his own share holding and investments, just like the rest of us. I would just question the timing of some of his actions, that's all. But, if he insists on offloading more of his shares at these rock bottom prices he can sell them to me..!

[michaelmcandrew] 22/2/2021 09:44

You are still talking peanuts.

[soulsauce] 22/2/2021 09:36

And the previous exercise?

[michaelmcandrew] 22/2/2021 09:26

Has anyone else done the sums - the number of shares is large but the proceeds are small:
6m optionsd exercised @ 1.55p = £93k
1m sold @ 4.5p = £45k
4m sold @ 4.56p = £182k

Net profit = £134k

He will have to pay tax on the difference between the option cost and the value.

In 2019 Kerim earned the princely sum of £115k plus pension contributions. This is peanuts compared with the rest of the industry.

Get a grip guys - worry about something worth worrying about!

[dixi] 22/2/2021 09:18

As ever the dust will settle and AAU will remain and interesting investment. But patience remains paper thin.

[actonovator] 22/2/2021 09:12

wasnt it something like 19m to begin - so maybe 2m left?

[xow98] 22/2/2021 09:07

How many more Options are still waiting to be exercised?

Every exercise and sale holds the price back, every exercise further dilutes our shareholding.

[soulsauce] 22/2/2021 08:58

We all know what to do in future chaps, vote against options.

[glawsiain] 22/2/2021 08:56

I've sold out. If its good enough for the top man.... its good enough for me. Plenty of other oppos elsewhere

[jaf1948] 22/2/2021 08:53

Don't we all !

[uknighted] 22/2/2021 08:51

Kerim obviously needed £100,000.

[8rad] 22/2/2021 08:45

Inspirational leadership or what? I now have greater empathy with those who took part in the Charge of the Light Brigade...into the valley of Kiziltepe…...

[kirbs4] 22/2/2021 08:37

Just.. Unbelievable.. This guy and his PR support have absolutely zero clue about timing/management of the moment. Every time a fuse is lit there is a bucket of water poured all over it soon after.

[lottsgold] 22/2/2021 08:26

Haha that's fair enough, thought it may be a bit one sided here today! Just to reiterate I'm OK with it if that is it he's had his payday now, if it continues I will take that as time to reduce my position.

[bo doodak] 22/2/2021 08:12

AIM companies aren't normally run for the benefit of their investors.

[xow98] 22/2/2021 08:07

PR improving if you read the headline:

"Director Increases Shareholding following Exercise of Options"

Flogged 17m shares in the last 4 months

[soulsauce] 22/2/2021 08:07

Oh dear. Who needs a big seller when Kerim keeps doing this.
The timing after that 50 to 500m bit of good PR we had all been waiting for could not be worse.
Very poor judgement again.

[kaos3] 22/2/2021 08:03

not even waiting for the divi and share price recovery. in a few months time

it must be very urgent

[dixi] 22/2/2021 08:00

Shortarm, but what a lousy decision to complete the JV, finally go on the PR offensive and then sell into the resultant buying by private investors.

[dixi] 22/2/2021 07:52

Irrespective of reasons, this isn't going to do much for the PR situation.

[shortarm] 22/2/2021 07:52

Wow, copper hit 4 dollars 22! What an excellent decision and timing to get involved with Cyprus and copper BY KERIM!!

[kaos3] 22/2/2021 07:51

while saying he was doing

[nov31] 22/2/2021 07:46

It's odd isn't it. As shareholders what we've heard last week is the personal belief and ambition to take the Company from a £50m to a £500m capitslisation and oh by the way in terms of conviction I'm 20% behind it, having sold 80% of my remaining options at a price that is 30% lower than it was a few months ago. Kerim deserves his options and his money, I have no grouse with that but to sell so hard on the heels of his public statements feels a bit like ramping, which I am sure was not what was intended. Nevertheless it suggests that irrespective of AAU's progress he feels that there is a better or a safer home for his cash.