Ariana Resources Share Discussion Threads

[bigglesbingham] 24/2/2021 19:27

No sweat and SVE and GGP share same director.

[zedder] 24/2/2021 18:50

Many thanks for your thoughts. I'll sit on my hands for now I think. I've ended up with a couple of shares in my wife and my ISAs which are very overweight. 1.2m AAU (32% of our Stocks & Shares investments) and 475k SVE (50% - SVE is pretty much a straight play on GGP though as they have 82m shares). I'm thinking I need to spread the risk more pretty soon!

[bigglesbingham] 24/2/2021 16:19

Sure they will be in discussions at least I'd hope so considering they stated they are sharing rig

[soulsauce] 24/2/2021 15:48

Chf have stated the diamond drill rig is in their compound and the percussion drill team already on Cyprus.
As Chf don't intend to diamond drill until May after they have done all their pre test work.
I am wondering if we can start our next diamond drill campaign as soon as the weather improves?

[bigglesbingham] 24/2/2021 15:43

Seller still around

[soulsauce] 24/2/2021 15:42

Quarterly update tomorrow?

[shortarm] 24/2/2021 14:13

Bit more interesting today! Is everyone selling their CHF and putting it in here?

[konil] 24/2/2021 12:25

nicely put!

[bigglesbingham] 24/2/2021 12:02

I just reduced holding on CHF and moved more into AAU. I'm not saying CHF is overvalued but AAU is a safer bet in my eyes. I think the assets Venus have with confirmed resource is better than CHF and it will take some time for CHF to confirm a resource. I believe the strategy for AAU moving forward is to develop JVs to find resource then sell on to producers while keeping the cash cows and their jewel salinbas. They have plenty to go at with Venus . Why pay £11m for CHF when they have 50% of Venus which is currently valued at zero on AAUs books.?? The market would just not value the purchase inmho . The strategy is simple concentrate on what your good at or stick to knitting (Sir Christopher Hogg Cautaulds) kerim is an excellent explorer he has a company which is self funding what they are best at and returning cash to shareholders. Simples.

[dixi] 24/2/2021 11:40

Can buy at a shade over 4.5

[thanksamillion] 24/2/2021 11:34

Spread now 4.4-4.8 seems high.

[konil] 24/2/2021 11:34

wonder if the seller has finished or just taking a breather waiting for a tick up before next tranche.

[konil] 24/2/2021 10:57

‘next ten bagger’

that's aau, you heard it from the top man!

[soulsauce] 24/2/2021 10:56

Spot on Shortarm.

It is a pointer to where to where the rich VMS deposits are which will now be drilled with the new campaign.
If they are on the fringes of VMS deposits then the next results could be very good but a while off now.

Personally being a holder of both I am happy for them to keep separate and doing their own thing.

[shortarm] 24/2/2021 10:51

Not brilliant width and the next news is a long time away I guess. Fine to hold on if you bought a while ago but everyone thinks they know the 'next ten bagger' at the moment.

[konil] 24/2/2021 10:49

not everyone in same boat, i have other uses for that divi!

o/t
wassup at chf? its tanked but some here say rns was good news?

[dixi] 24/2/2021 10:49

Wouldn't CHF's recent partner make that a bit of a no?

[zedder] 24/2/2021 10:30

Perhaps AAU should use some of its war-chest (once received) to snap up CHF. I would certainly be happy to take less of a special dividend to see that happen.

[bigglesbingham] 24/2/2021 10:26

I've just added again with my logic head on. Sentiment may be against at the minute due to sellers etc but when you look at pricing of peers has to be a stick on buy.

[dixi] 24/2/2021 10:06

Yes indeed, now the options issue has also passed by, time for the AAU share price to get back into the game.

[bigglesbingham] 24/2/2021 10:04

The CHF results are a good stepping stone but makes me realise how far AAU are ahead as a company !! The disconnect in value is very puzzling to say the least.

[shortarm] 24/2/2021 09:50

Cool. Hopefully today onward we'll all be happier!

[jaf1948] 24/2/2021 09:36

Apology accepted. I think most of us are a bit on edge at the moment.

[shortarm] 24/2/2021 09:32

Looking healthier today. Apologies to JAF - I get grumpy when you slate my favourite share...... :-)

[lottsgold] 24/2/2021 09:19

Kerim has looked excited about the gold content every time it's mentioned...just another thing to add to why we are undervalued!