Ariana Resources Share Discussion Threads

[shortarm] 14/10/2021 07:39

Mostly forestry I believe

[kaos3] 14/10/2021 07:37

.... necessary land acquisitions.....

what would that be? infrastructure like roads, energy infrastructure, processing etc? - how can one be sure to get to 100 % of the functional land package needed

just curious how it works?

TIA

and great news

[xow98] 14/10/2021 07:31

Interesting that they also included this in the RNS “ our attention remains squarely on the evaluation and development of our wider investment portfolio across the full-cycle of exploration, development and production."

[soulsauce] 14/10/2021 07:30

Very good news 👍

[lottsgold] 14/10/2021 07:26

The EIA is the major hurdle for sure though, let's take the positive. The RNS was never going to say Tavsan mine to be built the day after EIA approved we should all expect this by now it's how mining works.Gold price peeking up too, hopefully keeps its head above water and we can start to get some new investors into the space.

[plasybryn] 14/10/2021 07:23

Oh how we have waited for this. Wonderful news. This is a big day. A major milestone. Tavsan is go. Hopefully it will be in production by the end of 2022 or early 2023. Come on Panmure Gordon, you can now really up that Tavsan valuation. Perhaps this is what Kerim was waiting for, as the PG note would have been out of date without this major advancement. Wise move Kerim.

[temujiin] 14/10/2021 07:22

EIA mine approval is great news and the time from mine built start to production is super quick too at approx a year, that said they still are awaiting a few permits and land acquisition so it's not quite all systems go just yet.

''Construction will commence following receipt of final permits and the
completion of necessary land acquisitions, which are already 65% completed.

Following the receipt of the EIA, Zenit can now apply for permits including
those for construction, health and safety, and forestry, among others, with
production expected to commence within 12 months after the initiation of
construction.''

[shortarm] 14/10/2021 07:09

Can't help but have a smile on my face today :-D

[lottsgold] 14/10/2021 07:05

I do like it when Keri says imminent early always means in a day or two. 2 mines in development over the next 2 years now surely that will get us moving!

[jaf1948] 14/10/2021 07:03

More good news.

[soulsauce] 13/10/2021 18:32

Bigglesbingham 8238 spot on and so would I.

[thanksamillion] 13/10/2021 18:05

Is anyone else getting yesterdays gold chart on this BB, I have had todays shown on odd refreshes today but yesterdays shown mostly.

[bigglesbingham] 13/10/2021 17:29

They are so conservative I wouldn't hold your breath. Just shows what a silly excuse kerim gave for no broker note ie so much happening that it would be out of date as soon as printed. Well I for one would like to look at a broker note which is out of date by a month rather than 18 months. However they then said they are currently working on a note so we will see.

[plasybryn] 13/10/2021 17:04

Kerim is always very reluctant to talk about values and potential, unlike many CEO's who let perhaps their enthusiasm run away. That's another reason he is so guarded about a Gantt chart. He set out yesterday the tentacles of the Octupus, but they need to be shown in relation to each other with broad timescales so investors can see the value points. His guardedness and timidness is frustrating in my book. But I know some disagree and are happy to avoid this potential for getting timing wrong. In my book we live with that. That is normal for any Co. But what we want to see is what the Director's are working towards. When they expect key milestones to occur. They can caveat it, especially permits etc. which they can't precisely control. We can't blame the Co. if a delay has occurred because a Govt. Dept. has taken longer than expected to issue a permit.

[konil] 13/10/2021 16:58

the venus/apliki jv is a real blinder imo.

aau reckon the jv will get to a working copper mine in say about 2 years (18 months after venus listing). as far as venus is concerned that is 2 years from a 'standing start' thanks to the fully permitted mine they are buying into.

and venus will probably use the mine to fast track its magellan cu/au resource into production.

the lack of market response shows how far under the radar aau is.

however, this may change with ipo for venus?

[jaf1948] 13/10/2021 16:50

Plas and Biggles,

I know it is not easy, or even wise, to try to quantify everything that Ariana will do but some guidelines might help - e.g. saying a mine will last x+2 years when it was planned for x years just seems to be ignored.

[plasybryn] 13/10/2021 16:43

Hi JAF :- the Panmure Gordon note usually provides two methodologies but one lists the assets and extends values. I believe the last full note was 14th May 2020.

[d1g3y] 13/10/2021 16:37

Agreed, news flow is much more likely to change the course of the share price That said it was very interesting how exactly the chart fitted within the wedge

[thanksamillion] 13/10/2021 16:37

Gold on a stunning rise $1792, is the inflation genie finally getting recognition.

[bigglesbingham] 13/10/2021 16:29

Not a great fan of charts linked to small aim companies which rely on developments within the company to progress the shareprice.

[bigglesbingham] 13/10/2021 16:27

It's not realistic to apply monetary values to each project one it's very difficult to do and secondly they would be making a rod for their own back because you'd hold them to it and if for reasons outside their control it didn't realise the value they would be hammered as would the Shareprice. Similar rationale as to why they don't do a Gantt chart which is a correct decision in my view (sorry Plas)

[d1g3y] 13/10/2021 16:27

I'm no chartist but there did seem to be a wedge formed over the last year or so with lower highs and higher lows. This was finally broken to the down side about a week ago. Had really hoped it would break the other way. As a novice I see the next support level at about 3.5p

[jaf1948] 13/10/2021 16:06

Plasybryn,

A good list and all the items are valuable to Ariana. However, unless each item is monetized at the time of its news release, I fear it will, as usual, have little effect on the share price. Whether we like it or not, that is what the market is looking for IMO.

[bigglesbingham] 13/10/2021 15:57

Great post plas