Ariana Resources Share Discussion Threads

[catsick] 24/2/2021 08:25

Interesting thing with the chesterfield drill results is there is lots of gold at 3g ton along with the copper, historically they could not mine these grades or identify them, which means there is a lot of minable ore there, this is excellent for aau with their Cyprus projects

[pauliewonder] 24/2/2021 07:23

Yes I was surprised by those results today and we may see some positive sentiment here today as a result

[lottsgold] 24/2/2021 07:08

CHFs drill results are better than I expected! Bodes very well for our programme in Q2.

[johncasey] 23/2/2021 23:01

eh you guys you should take a chance on vast resources...0.15p to buy and biggest copper mine in europe,share price is all time low..with gold and silver,in production since november..its gonna be massive and this email from their director today..

Andrew hall email replyToday 14:22
Thank you for your email.

Whilst I cannot comment on the details of our offtake agreement, I can confirm that we do not sell our concentrate at a fixed price and that we do benefit from rising commodity prices. We have made several tweets highlighting the increasing commodity prices.

Regards

Andrew

[bigglesbingham] 23/2/2021 21:48

Tickled me too ha ha

[ishy001] 23/2/2021 20:48

https://www.share-talk.com/completion-of-third-hole-of-drilling-programme-interview/

[crossfirecssf] 23/2/2021 20:12

Cheers Soulsauce. I agree that dilution should be far less of a concern this time around. One thing is a given however,... the share price can’t increase by a greater level than the market cap unless there are share buy backs or some other jiggery pokery.

Charles Clore I also agree that with the coming (sometime) explosion in the prices of Gold, Silver and Copper, the ten-bag could easily occur far sooner than ten years.

As I’ve always said, I believe the ultimate game changer will be PM sentiment. The general public haven’t even arrived yet. I do hope that the penny drops sometime soon. I can’t really afford to wait another ten years. A quarter of a century is a little on the long side to wait for the big pay off!

[pharmoutcomeszzz] 23/2/2021 19:53

Inguinal, scrotal and umbilical actually.

[jaf1948] 23/2/2021 19:39

paul,

That has made my evening ! Thanks.

[paul280i] 23/2/2021 19:33

JAF, something to be happy about. You just got advice from a financial advisor (Biggles) and will not get a stinking great bill for it!

[bigglesbingham] 23/2/2021 19:31

I've been adding as I agree.

[bonehanmer] 23/2/2021 19:28

The share price is getting laughable at these levels. What an opportunity to buy for those with some powder dry!

[bigglesbingham] 23/2/2021 19:26

They have intimated on more than one occasion it will be financed by debt and likely to be same lender as kiziltepe.

[charles clore] 23/2/2021 18:27

Thanks - what about Tavsan? Do you think it will be entirely debt financed?

[charles clore] 23/2/2021 18:26

If precious metals do a moonshot soon which I think they might we could get to 10x market cap much sooner than than 10 years. That is the x-factor here imho.

[thanksamillion] 23/2/2021 18:25

If there was a fund raising share issue within a few years of the current cash-rich times I would be straight out of here.

[soulsauce] 23/2/2021 18:10

CSSF excellent post bang on.
Hopefully, as biggles alludes to, the rise to 500m will come with less dilution.
I am hoping Kerim has got his sums right and there will be no further dilution after giving so much away with the special divvy.
We have enough things in place now to fund with debt.

[jaf1948] 23/2/2021 18:09

Biggles,Thanks for that. Remember that I am considerably older than you so my time scales have to be reduced but I take your points.

[bigglesbingham] 23/2/2021 18:01

JAF that's a dangerous strategy. By doing what your doing your reducing the timeline of investment to 12 months and that is too short for higher risk investments imho. With AAU this has created an issue to you which you have eloquently aired. However when the stock gets back I wouldn't necessarily sell as I believe it will value out. The reason for the fall is a major seller/sellers in background and this negative effect on share price shakes out a few more but medium term you should be well ahead. Didn't like timing if KS sale first time but no issues now. If you did go your posts would be missed.

[bigglesbingham] 23/2/2021 17:54

I did raise this point that I believe the lack of required dilution should mean the 50 to 500 is a much more meaningful statement than 5 to 50. Liked the article and the media last week or so. That is YJ listening but Panmure Gordon useless.

[crossfirecssf] 23/2/2021 17:40

Market cap increasing tenfold in ten years means very little in terms of the share price. The market cap went from approx £5m to £50 in roughly the same time frame. During that period the share price went from 10p+ to 1p. So the market cap ten-bagged and the share price ‘minus’ ten-bagged.

I have little interest in market cap growth unless the share price rises at the same rate.

[jaf1948] 23/2/2021 17:18

konil,

You asked a fair question so I thought it deserved an answer. I just hope I will have no reason to whine or upset the more sensitive souls on here in the near future

[konil] 23/2/2021 17:08

jaf, thanks for explaining although of course you need not have. with regard to the need to see this produce results for the investor we are in the same boat! let's hope fundamental value is soon recognised by the market.

[lottsgold] 23/2/2021 16:56

Wish he'd just say that and make it exciting but I know that's not going to happen