Ariana Resources Share Discussion Threads

[thanksamillion] 13/10/2021 13:25

Chart seems to be suggesting 4p as the new base line, previously it was 2p.

Anyone for 8p next?

[bigglesbingham] 13/10/2021 12:47

Loads buying no increase few days back two small sells it drops 4% bloody frustrating but lovely opportunity to build or get in

[renniks2016] 13/10/2021 11:15

I can sell 1m for more than I can buy 20000

[renniks2016] 13/10/2021 11:14

Things are a happening, ;)

[kaos3] 13/10/2021 09:42

people, equipment and operating license - and that all is indeed huge imho

[temujiin] 13/10/2021 09:05

I'm not sure on this as I may be missing something. But what are the new JV bringing to the party for half of the mineral assets, was it written anywhere?
Surely they won't get this for free, so it maybe their payment is to provide the processing plant, AAU may well partake in the IPO so our 25% of the asset may not get too diluted.

[dixi] 13/10/2021 08:38

I guess you have accept that it will be 50:50 until IPO. That will then doubtless change. But 50:50 prior to IPO is better than, say, 20:80 etc. The IPO gives a tangible value to AAU's holding, whatever % it becomes.

[kaos3] 13/10/2021 08:18

buying back what you are selling in the same moment - that makes lot of sense .... lol

it just sounded funny - but a relevant thought

I know what you mean

[zangdook] 13/10/2021 08:08

Will Venus be raising money at IPO? If so, will we take part, or what will our 50% become? Someone asked them if we'd be selling any, and there was a lot of waffle which seemed to mean "no", but will they be buying any?

[plasybryn] 13/10/2021 07:51

"Venus Minerals to pursue a stock exchange listing ....." Has anyone got a view what our 50% is likely to be worth? Nice asset sitting on our Balance Sheet.

[kaos3] 13/10/2021 07:18

renniks - it really does not matter much regarding Cyprus - in both ventures they are or will be 50:50

and they will dilute it somehow in IPO -

so end result bellow 50 % -

only by how much?

and as lots of capital is needed I just said 25 % to get juices flowing ;)

[renniks2016] 13/10/2021 06:56

Not sure if I'm missing something, or just viewing things differently regarding Cyprus .
My take on it is the 50:50 JV with Hellenic Copper Mines, is only to develop and run the proposed Apliki mine, not a JV for the entire business, but I could be wrong, will be interesting to see the details which will emerge in November no doubt.Either way it will mean the fast track to revenue as far as this area is concerned. Happy days, and great presentation I thought.

[kaos3] 13/10/2021 06:26

to sum it up where we are (Kerims pyramid) ;

- 23 % of Turkey - producing and great production reliability - huge development investments needed for the steep growth realization - so low free cash flow to AAU which needs operating money itself

- 50 % of Cyprus to be diluted in IPO into 23 % or something - production start in 24 ?? months, free cash flow - eg divi to AAU - years away
- Asgard
- Kosovo
- superb team that can be "sold" to its investments and more !
- some cash to be played with (1-2 years before gone)

now - that above is rough start of describing the present situation as I see it and needs lots of correcting and fine tuning

a very good job by the team - regarding resources they had, good prospects ....

[konil] 12/10/2021 19:19

thanks doinnuthing.

[pauliewonder] 12/10/2021 17:27

Hmmm. Not convinced on the close price. Weren't any trades at 4.3 or even 4.2 (unless delayed). But I reckon it was decent news today. Missed my top up price.

[jaf1948] 12/10/2021 16:54

Biggles,

Thank you. If I were 20 years younger I would be holding many multiples of what I now have but there comes a time when you have to realistic.

[temujiin] 12/10/2021 16:52

I liked the RNS. Venus/Cyprus is an area I wanted to see AAU target more of it's cash pile and it looks like Venus have the right partner that appears quite nimble and eager with the knowledge already ingrained in them.

Venus's copper/gold mine looks a very good poker to have in the fire and together with Salinbas and Tasvan, eventually they all should become decent money spinners.

That said I'm not expecting much fireworks from any of them just yet, except possibly Salinbas, but still, I decided to round back up to 400k with a 164k purchase.

[bigglesbingham] 12/10/2021 16:37

Yep totally ageee

[bigglesbingham] 12/10/2021 16:36

They also say it's outperformed since divi. The point here is the blue sky opportunity is a possibility whereas old miners don't tend to have that I would suggest. You did right thing for your circumstances JAF and you should be commended for that. Everyone should do what's right for them.

[doinnuthing] 12/10/2021 15:26

Konil (8204) a copy is now on financialmirror although that is not where I originally saw it which was stockwatch - I had searched for Apliki and venus minerals

[bo doodak] 12/10/2021 15:08

That's the most informative, all encompassing and open presentation they've given that I've seen. They have obviously listened to shareholders. MDV played his role very well.

[jaf1948] 12/10/2021 14:31

In the answer to Q1, it states: 'Recent moves in our share price have not broken this relationship – it is clear we largely rise and fall with the market.'

If that is the case, why bother to invest in a minnow like Ariana and instead invest in a larger company where there is little risk and the same rewards ?

Today's presentation and Q&As made me glad to be a shareholder but equally glad that I reduced my holding to a more suitable level for me.

[shortarm] 12/10/2021 14:26

Whilst today's news has not had much effect on the shareprice or the sellers for me it's a massive comfort to think in 2 years we'll be:Multi jurisdiction Multi mine Multi commodity

[bigglesbingham] 12/10/2021 13:52

To be honest I'd rather a broker note a month out of date than the current 18 months so that answer ain't his best.