Ariana Resources Share Discussion Threads

[paul280i] 26/2/2021 12:02

Biggles, why would these court hearings be taking place in Turkey for a UK registered company?

[thanksamillion] 26/2/2021 11:50

BB. Kerim said as much, but its useful to have guidance.

[bigglesbingham] 26/2/2021 11:04

I don't really think they can be that specific on court date in turkey ?? We will see . Happy to add though at these share price

[thanksamillion] 26/2/2021 09:44

Info - just so we know the timetable:

General Meeting 12pm on 26 February 2021

Court directions hearing 16 March 20211

Court hearing to confirm the Capital Reduction 30 March 20211

Registration of Court Order and effective date of the Capital Reduction 21 April 2021

[actonovator] 26/2/2021 08:57

My own feeling is that its sellers who dont want the dividend for tax reasons. Tax is a complicated subject but my understanding is you only need approx 200000 shares here (a dividend of £2000) not in a SIPP to start to be eligible for tax. Is that right? If so, there must be plenty of holders in that situation. Personally I feel the special dividend is a waste of time and a distraction.

As for news I think it highly probable we'll get the Tavsan EIA and Eastern Europe investment news in March.

[dixi] 26/2/2021 08:05

2vdm - personally I suspect it is that there are, on occasion, more sellers than buyers, but not necessarily a single seller. Investors with agendas that don't align with more long-term thinking.

[2vdm] 26/2/2021 07:28

I keep seeing comments about a "big seller...waiting for them to clear". Is their any evidence of that? Gold not doing well at the moment but I'll continue to hold here as the story looks good, although be good to get some newsflow.

[lottsgold] 25/2/2021 23:28

I feel Erodogan in what ever light you wish to see him wants to stay on power. That generally means balance, especially when you are the gateway to Europe. He's in a very comfortable position, if his goals are wealth and power he won't want to rock the boat. He's playing his game wonderfully. This is in no support of anything he does just an outsider view. Turkey will be a major player in the world going forward and I give very little credence to the internal political view. My only concern would be a mis step with the US but then I then feel other powers would back Turkey as they are so instrumental. Not often I venture into the politics but I feel the Greece/Turkey situation is a nothing issue in a sea of insanity in the investing world. Although I would suggest spying your own research.

[skara brae] 25/2/2021 20:15

You are right to be concerned Littlebrug, especially as Cyprus could be in the middle of all this. A real turn-off to potential investors imho.

[bosbus] 25/2/2021 16:46

As I said at the time, I reinvested my divi in AAU as soon as it was announced, presuming it would arrive in a matter of days/weeks LOL.
I've always believed that Turkish politics is having a big negative effect on share price I for one, sold out when Erdogan occupied part of Syria, only to buy back weeks later when I realised the sky wasn't going fall in. Erdogan is a loose cannon and could yet wreck our plans.

[5huu] 25/2/2021 15:45

Well we certainly need our seller to clear before anything moves. Shame really, with so many other stocks taking flight right now. For a company so poised to deliver shareholder value, the PR is absolutely shocking.

[bigglesbingham] 25/2/2021 14:00

This is a way of rewarding loyal investors who have built up large shareholding without them having to sell to capitalise. This divi will be reinvested by many. However paying the divi means the path is open for future regular dividends

[littlebrug] 25/2/2021 13:56

OK, well I'm pretty new to all this, so I just wondered

[1candc] 25/2/2021 13:03

littlebrug - this has been going on for months, didn't you read of it last year? It was all over the news and had no effect on the share price that even someone with a microscope could discern.

[shortarm] 25/2/2021 12:16

Doubt that's having much effect on a goldmine in the mountains?Especially one that's 74% Turkish owned (smart move that)....Massive government contractor now applying for permits - genius :-D

[littlebrug] 25/2/2021 12:05

Does this explain todays share price action?

ANKARA: Fears of a new conflict between Turkey and Greece have soared after Ankara sent a new scientific research vessel into the Aegean Sea.

[zedder] 25/2/2021 09:44

Hopefully a special dividend will turn out to be a boost to the share price, as some that receive it will immediately reinvest.

[shortarm] 25/2/2021 09:38

Kerim did say he was 'sitting on a war chest' ?

[konil] 25/2/2021 09:37

soul, not sure the cash is actually in aau's bank yet, would they not have to rns receipt of such a large amount?

[plasybryn] 24/2/2021 23:07

General Meeting is on Friday to approve Capital re-organisation etc. a necessary step towards paying a dividend. If you are asking about this I assume you haven't yet voted. Please contact your Nominee Co. to vote on your behalf, if as most, you don't hold the shares in your own name.

[soulsauce] 24/2/2021 23:03

They are doing both.

[a.fewbob] 24/2/2021 22:54

What is the big deal about a special divi???

I’d rather they used it to invest in further expansion.

[soulsauce] 24/2/2021 22:42

You're welcome millwall.

No the JV is done and dusted and money in the bank but there are just a few minor regulatory issues to get the go ahead to pay the divvy.
Don't leave it too long just in case they do have an inclusion date.

[millwallfan] 24/2/2021 22:18

Thanks SS I thought I had missed something having read some of the posts.

[soulsauce] 24/2/2021 22:04

No and no millwall.

Many suspect around 0.8-0.9p but still a few hurdles to jump before definite date.