Ariana Resources Share Discussion Threads

[2vdm] 20/4/2021 08:20

RNS. Things look on track. Be good to get a date though. -

Dr. Kerim Sener, Managing Director, commented:

"I am pleased to update shareholders on the proposed reduction of share capital, following which a dividend distribution plan will be announced. However, as we have no control over the court schedules, we are unable to progress with proceedings any quicker than we are currently.

"We remain confident that that the proceedings will be completed, and we will notify the market of any significant developments and a revised timetable when we can do so."

[shortarm] 20/4/2021 08:20

Courts progressing as fast asCourts progress......

[bonehanmer] 20/4/2021 00:26

I hadn't seen this when I wrote my last post. But here is a tweet from Rishi Sunak today:https://twitter.com/rishisunak/status/1384077410946019332?s=21Britcoin, would have thought they could have come up with something a tad more original...

[bigglesbingham] 19/4/2021 21:19

With regards to crypto I work on the premise that there is someone more intelligent than those who create the rules. It can be in any walk of life, tax for example intelligent individuals can always circumvent the rules. This is my concern with crypto , surely the lock will be unpicked at some point with catastrophic consequences to confidence. ??

[bonehanmer] 19/4/2021 18:46

My opinion is that central banks are all going to bring out their own digital countries. Already happening in China. More countries will continue to outlaw Bitcoin, it screams speculative bubble just like Dot-com. It isn't being used as a currency. Bitcoin is experiencing greater fools theory, where people buy in and hope that they can sell it at a higher price. A lot of people are going to get burnt when it collapses. Just my opinion though. Most currencies are in the end-game, for me though, Bitcoin isn't the answer.

[plasybryn] 19/4/2021 18:26

Copper still on a run.

[charles clore] 19/4/2021 17:02

Perhaps you can explain to me how paper money is attributed value. As far as I can see it has been consistently diluted over the years and since bretton woods is not backed by anything but debt. Bitcoin, on the other hand, cannot be diluted as it has a finite supply. I won't try to change the beliefs of a lifetime but imho something has to change with the current system as it is obviously not working and I believe at risk of collapse. I am convinced we are on the cusp of digital Blockchain currency adoption. Decentralised would be ideal but I think what will emerge is a mix of Ripple, Bitcoin and a few other strong cryptos.

[millwallfan] 19/4/2021 15:38

I won’t touch cryptocurrency because I just do not understand how something can be deemed to have such value without any tangible asset support. I have asked several times on other boards for an ‘idiots explanation’ but have never seen a response. Answers on a postcard please .

[pauliewonder] 19/4/2021 08:42

And gold holding gains this morning from last week. Think we may soon see the back of the $1700s for POG.

[shortarm] 19/4/2021 08:04

Right day for some Cyprus news then!

[plasybryn] 19/4/2021 08:03

Copper hits $4.28/lb - up 123% from the 2020 low.

[bigglesbingham] 19/4/2021 07:49

35k to 3.5 million

[soulsauce] 19/4/2021 07:28

They are Charles and I wish you well with them. Not for widows and orphans as they say.

[charles clore] 19/4/2021 00:42

I have both and the cryptos are doing great thanks Soul

[soulsauce] 18/4/2021 22:49

If you wake up one morning and your bitcoin says zero it will be called 'who'd a thought it'
But you will still have your gold and silver coins.

You're welcome to it Charles.

[charles clore] 18/4/2021 22:42

Soul - it's called hedging

[soulsauce] 18/4/2021 22:16

With Russia playing fast and loose with hacking and viruses amongst other nefarious players, I don't understand why you would want to risk your wealth on a electronic algorithm.

[charles clore] 18/4/2021 21:20

I'm hearing now that there was an orchestrated bear squeeze where almost all of the greedy leveraged punters were stopped out. They're saying they lost between $3bn and $10bn!Forget leverage it's not worth the agony

[soulsauce] 18/4/2021 17:02

Thanks risa. It seems power is one of its biggest Achilles heels given that it consumes as much as a small country to maintain.
Is this going to be allowed with green agendas. I would think not.

[thanksamillion] 18/4/2021 15:05

Shortarm

Happy to accept I am wrong on that point.

[soulsauce] 17/4/2021 15:27

I don't see Ariana taking any Palm Aus as Kerim has said where our interests lay and that is in Turkey and Europe.

Maybe some will be taken through Asgard but that was not set up to invest in gold.

I do believe that Kerim will be in on it though and that is very much what the option cashing was for.

[charles clore] 17/4/2021 15:11

Worth 8p by October? Double that imho.

[shortarm] 17/4/2021 14:43

Wasn't it a hundred bagger???

[thanksamillion] 17/4/2021 13:39

doinnuthing

The last time Kerim bought into an Aussie miner he ended up selling for a ten bagger (lithium) so I for one will be trusting his judgement if he goes for a repeat and rinse.