Ariana Resources Share Discussion Threads

[soulsauce] 13/7/2021 07:26

Hmmm very interesting development.

If he can replicate what he did with the lithium assets before we will be well happy.

I suppose the nickel assets of the new Palm SubCo might meet the criteria.

[kaos3] 13/7/2021 07:22

Mr Kerim is full of

connections, expertise, discoveries

a perfect bet

[kaos3] 13/7/2021 07:20

He must know why a special entity and not AAU- Legal stuff.

Where does funds capital come from? AAU? How much seed capital? Outside investors? Divi policy?

I learn - how to - each day

Great for gold, AAU, prosperity, economic activity, visibility, expertism, progress, development, synergies

[uknighted] 13/7/2021 07:17

RNS

Ariana Resources plc ("Ariana" or "the Company"), the AIM-listed exploration and development company operating in Europe, is pleased to announce the launch of its wholly-owned Asgard Metals Fund ("the Fund"), which is being developed as part of Ariana's proprietary Project Catalyst Strategy. The Fund will be focused on investments in discovery-stage mineral exploration companies following defined exploration and development work programmes on specific projects.

[kaos3] 13/7/2021 07:15

I admire Mr Kerim. He runs:

AAU in general
Turkey
Cyprus
Kosovo
PALM in general
Canada
Australia
Gold investment fund
NEW CO Palm Australian spin off

Must study him in detail - how one can organise day. how one allocates time, how one allocates opportunity, how one charges each duty (as many as possible probably is a good thing - remuneration+options+warrants...)

He IS my hero for his magic

[go2nc] 13/7/2021 07:08

I think BMV could be on the list.

[renniks2016] 13/7/2021 07:06

Any bets on Panther being one of the first?

[renniks2016] 13/7/2021 07:04

That's a curve ball!

[konil] 12/7/2021 14:38

plasybryn, i am able to absolutely guarantee one thing, we are now in q3, but it is only 2021. :-)

[plasybryn] 12/7/2021 13:59

I have listed to an interview Kerim gave to Andrew at Proactive on 23rd February 2021.
In this he describes Tavsan as a "near term asset".
He explains that Covid held up the E.I.A. permitting which had been expected by the end of last year (2020). However he says the noise from the appropriate Environment Government Office is now good and he expects sign off in the first quarter. That in turn allows them to finalise the Feasibility Study and the Finance.

We are now in Q3 and as far as I know, Kerim hasn't told us the reason for the further delay. Surely it must be imminent. As I mentioned yesterday, a signed off E.I.A. for this second Mine at Tavsan should be highly accretive for our share price. Perhaps they will announce the latest update on the Tavsan story to coincide with the special one off Pay-out details? Hope so.

[soulsauce] 12/7/2021 12:23

Indeed Charles.

Lol 8rad - Agent Double O Soul. You can't beat a bit of Edwin Starr.

[charles clore] 12/7/2021 12:00

Soul - we know who SHOULD be banging the AAU drum but at this extremely important stage of our development they are, sadly but not surprisingly, noticeably absent.

[8rad] 12/7/2021 11:36

Is that with a double O Soul?

[soulsauce] 12/7/2021 11:25

Unfortunately yes Charles. As Jaf says above. The only one's interested in Ariana are those already invested.
Who is actually banging the drum because I will be fxxxked if I know.

[charles clore] 12/7/2021 11:02

Can you believe it? Money on a plate here and nobody is interested!

[thanksamillion] 12/7/2021 10:43

Good posts arnt always good, ask Rashford.

[jaf1948] 12/7/2021 10:22

Good posts over the weekend but they are preaching to the converted. We need new investors but they need to hear about Ariana. And how is that going to happen ?

[renniks2016] 11/7/2021 18:41

See, that made for an interesting day! Water the tomatoes, then time to settle down for match. I think this week is going to be one to remember.

[soulsauce] 11/7/2021 17:28

Thanks for bringing that to us Plasybryn, very interesting.

[plasybryn] 11/7/2021 15:54

I've just listened to some really interesting comments by Nolan Watson, CEO of Canadian (TSX) listed Sandstorm Gold (SAND).
As you may recall, Sandstorm bought into the World Class, high grade Hot Maden Copper and Gold deposit, which is just 8 kilometres south of our Hot Gold Corridor and in particular our asset known as Hizarliyayla.
Nolan was able to say that the Turkish Government had been in fairly strict Covid lockdown in 2021 and this had put permits back on Hot Maden a bit. The Hot Maden E.I.A. & F.S. have consequently slipped from the expected Q2 to Q3 2021 but he is now hearing that the Government is back in harness and permits are expected imminently, hence his Q3 expectation.
Furthermore he said that even though Hot Maden cost them 2 years or more ago c. $176m for a 30% stake and has since advanced considerably, he doesn't think the market has priced it in. In fact with the increase in Gold & Copper prices he says the project economics are now much stronger and that will be the same for us.
As such he believes the Hot Maden E.I.A. will be a huge catalyst for the share price and thinks investors and the market will be shocked it has moved forward so much.
I can see strong correlations here with Salinbas and Tavsan both in terms of their value not being recognised and the huge catalyst they represent for our share price.
Nolan also predicts copper prices will go much higher and Hot Maden is now 75% gold & 25% copper. He said in effect investors will be getting the gold for free. If they get their E.I.A. in Q3, he hopes they will start building the mine by the end of 2021. Perhaps Salinbas will take less time than we think.
Interestingly he also said that Environmental Permits in Turkey can present real challenges especially for large open pits in highly forested areas where they have to cut down large numbers of trees. However at Hot Maden this is not the case. Perhaps this is also the case for us in the Hot Gold Corridor due to the mountainous location?

My opinion is that the announcement of the Hot Maden E.I.A., hopefully during this quarter, will trigger significant investor interest in the region and have a strong positive knock on benefit for Ariana. We shall see.

[charles clore] 11/7/2021 13:19

Konil - a nice summary of the current benefits of holding or even buying AAU for the first time. There has rarely been a better time to be a holder imho. Even more so if the shares are in an ISA

[konil] 11/7/2021 12:57

joining the valuation party from a different angle - dividends.

if say 0.8p one-off divi declared, then that's just over 15% for someone buying at current 5.2p offer.
ok, its a one-off but its available. say peeps decide to get in on the action, they could push share price to double = 10.4p and still get a low risk (because very near term) 7.5% return, which is pretty tasty when cash return is c.1% p.a.

with 1,075,677,943 shares, 10.4p = mkt cap c.£112m.
with gold at c.$1800, aisc $600 and a 23.5% share of production at 20,000 p.a. that is a fairly punchy pe of 28 (£/$ 1.4).
however, i would argue this is punchy but not fanciful for a growth company with a realistic near term (later this year) target of 40,000 p.a. (kizil, 40k) = pe 14 followed by 70,000 p.a. (tavsan, 30k) = a conservative pe of 8.
with no allowance for cash in bank, $8m free carry at salinbas, ongoing progress at venus plus potential of further early stage projects.

of those jumping in for one-off divi some would no doubt divest after ex-date but if aau published a regular dividend policy prior to ex-date then it might retain some of those jumping in and hence reduce the ex-date downside.

a simple scenario but as good or as bad as any other until we see things in the rearview mirror.

[bigglesbingham] 11/7/2021 12:36

Great post Plas

[soulsauce] 11/7/2021 12:33

Thanks Plasybryn. Let's hope Panmure Gordon grace us with a broker report after the results.