Ariana Resources Share Discussion Threads

[paul280i] 26/7/2021 12:06

The RNS said Q3 for first payment, only a couple of months to wait.

[xow98] 26/7/2021 11:39

Plas, I think they are slow in submitting the accounts / any documents to Companies House. If you open the PDF of the accounts for 2019 they are signed off by the auditors on 27th July, but only lodged on 10th September, per Companies House date stamp on page 1 and available to view from the 16th September.

[plasybryn] 26/7/2021 10:54

xox98 : If you go on Companies House web site it shows Ariana Resources dated for last year as 16th September whereas in normal years this was July. We know they were delayed last year with change of Auditors to PKF Littlejohn. I can't see this year's Accounts listed as yet! For Ariana Exploration & Development, it shows last year as 25th August 2020, but again no listing for this year. The Accounts have been issued and hard copies are now available. The Auditor signed them off on 13th July 2021. So can't see why this aspect shouldn't be concluded quickly, but what do I know!

[jaf1948] 26/7/2021 10:40

Thanks, xow. I didn't realize that was a requirement.

[xow98] 26/7/2021 10:32

Need to have the 2020 year end accounts issued before we can get an ex-div date. 2019 accounts were signed off by auditors on 27th July 2020. UK subsidiary Ariana Exploration and Development was only signed off on the 12th August 2020.

[jaf1948] 26/7/2021 10:30

Can anyone come up with a plausible reason why Kerim hasn't announced the date of the first tranche dividend payment ? I can't.

[charles clore] 26/7/2021 10:05

I think Kerim took note of one of the recent comments and got rid of the AC backdrop!

[plasybryn] 26/7/2021 09:43

Another new BRR Media interview out on Twitter this morning

[d1g3y] 26/7/2021 08:19

Morning Plas at the start of the Investor presentation Kerim mentioned it

[charles clore] 24/7/2021 20:20

Seems to be holding steady so far.

[konil] 24/7/2021 15:49

i suspect the downer from the divi news more than counters the far more longer term nature of the positive news items. i also reckon we will see more exit after 1st tranche (7%) as peeps readjust their finances. hoping some supportive items appear to counter that.

[plasybryn] 24/7/2021 13:57

Can you believe the amount of positive news flowing from Ariana Resources (AAU) this week and the share price refuses to budge. It sounds like there is still a lot of short term news to come, so surely the share price must reflect value soon

[plasybryn] 24/7/2021 13:56

Ariana Resources (AAU) keep bees at its Kiziltepe Mine site (bellwether for health of ecosystems). Honey from their hives is distributed free to local villages. Chickens & doves also bred on site. Plus flora & fauna monitored. Brilliant ?

[plasybryn] 24/7/2021 09:17

Is there any significance to the front cover of the latest Annual Report & Accounts showing the Salinbas coordinates 41 07 30 North & 41 56 30 East. Pin pointing our elephant in the room perhaps?

[lottsgold] 24/7/2021 09:03

I have a feeling we will get the full run down in the presentation mentioned. they are always in depth and give me a real sense of the future. By then they will have results from hopefully Cyprus, Kizil and maybe Tavsan. Then we will have a real idea of what's in store for the next 24 months.

[soulsauce] 24/7/2021 08:49

Probably just as well we have not started work at Salinbas yet. It seems Artvin Province has been suffering extraordinary rainfall and flooding like so many other places this year.
Lots of videos on YouTube.

[8rad] 23/7/2021 19:24

Iron Storm...you mirror my thoughts exactly.

[xow98] 23/7/2021 18:30

Plas, capital reduction legal process is complete. I believe the issue to be that we can’t move the JV disposal funds out of Turkey without losing the “significant tax benefits”.

In order to get the funds to pay the dividend ex Holdco we need to distribute non-JV profits to Holdco so that Holdco has sufficient reserves/cash to fund the dividend.

I don’t believe we have sufficient non-JV distributable reserve/cash in Zenit to fund the 0.7p div, so need to pay it over an extended period as reserves/cash grow from the JV.

[kaos3] 23/7/2021 15:01

value

value realisation

value distribution

in time

- each has different weights of imporance on the above.

[bigglesbingham] 23/7/2021 14:27

I appreciate your comment but don't agree on several of your comments , first I don't think it's a play fund it's $2m derived from part of a $35000 investment similar returns would add tremendously to value. I'm very confident in Cyprus I feel they will wrap that in a bow and offload. Salinbas is jewel in crown Mariana. No dilution . But if you are contemplating selling 3.6 m contact Panmure Gordon direct sure institution will take off your hands without dripping into market good luck

[toyin] 23/7/2021 14:12

IG interview

[ironstorm] 23/7/2021 14:10

I think part of the issue here as they are not perceived as in a rush to go anywhere.

Their newer projects are small and very early stage - so might payput in 10 years.

Therefore the key early stage driver is the JV and that seems to have gone rightwards.

I am not sure of the fund either - I think it might pay some bills but will it be a company maker? I think not at the moment. It looks like a playfund. And it will be distracting.

Is the price of keeping KS on side. Hmmm!

I have had a critical and long look since the Divi debacle - it seems the little issues keep coming out of blue.

This is a massively overweight holding for me. I get its time to move forward now. But, I don't see something which is AAUs baby coming soon. So our hands are effectvely tied to Ozaltin.

If PoG is the catalyst I cannot expect a bigger uplift here than elsewhere and maybe I should reduce my company risk. Its a difficult one - but I am overweight by 3.6m shares and need to work out where to go.

[plasybryn] 23/7/2021 13:42

Succession planning/ Keyman/ independent Non Executive Director/ Business Dev. Director: think it is a very valid question to put to the AGM on 18th August. I wonder if there are any other Corporate issues that need to be raised? I suppose share buy backs and share consolidation where covered this week. I would still like to see a proper Gantt chart and a clear statement of our Vision , goals and strategies.. Not adequately covered in the AR&A's.

[plasybryn] 23/7/2021 13:27

Totally agree re succession planning. I've been advocating for some time they need a new independent non executive director to represent shareholders and or perhaps a Director responsible for Business Development (Institutional liaison) and shareholder communication. The latest interview with Kerim by Andrew (earlier this week) had him saying as the Co had matured there was Institutional interest developing.

[thanksamillion] 23/7/2021 12:43

10p a share, that'll be around February then. ;-)