Ariana Resources Share Discussion Threads

[jaynesdad] 16/4/2024 08:31

I think dixi is talking a lot of sense. If there were price sensitive developments to report then an RNS would be issued. For once none of us can moan about the recent share price recovery. which at the best part of 100% increase from the local low is not simply due to Gold price rises. The latter is especially true because at low production costs the bottom line sensitivity to PoG is not as marked as with high cost producers. If there is some positive news to release then surely it would be better release as/when the share price threatens to sink back again?

[shortarm] 16/4/2024 08:19

There appears to be a great deal of flexibility in these 'rules' 1 drill hole, 5 holes, fifty holes, sign offs, NDAs etc.

[xow98] 16/4/2024 08:12

Can buy / sell 100k at 2.96 / 3.0395, not the 2.8 / 3.1 spread

[dixi] 16/4/2024 07:51

On the assumption they cannot sit on important developments/news, I am assuming that they Currently have nothing available to tell us.

[shortarm] 16/4/2024 07:46

I don't think they intend to try and take it private. Kerim is on record saying that they have proven that news flow does not correlate to shareprice and they are correct to a degree but NOW is the time to fire out the important news and build on this momentum!!

[dixi] 16/4/2024 07:41

Is there any obligation to issue guidance? It is understandably good corporate practice to do so though. They reduced from quarterly to six monthly production reports on formation of the JV with Ozaltin. That's not really ideal for shareholders either. I cannot help but wonder if this will end up a private company.

[dixi] 15/4/2024 19:19

I guess that shareholders serve no function to the company, apart from being an opinionated nuisance!!

[charles clore] 15/4/2024 19:10

The truth is they are treating AAU as if the company belongs to them, not the shareholders. And they may be playing a blinder, who knows? All will be revealed in due course.

[soulsauce] 15/4/2024 18:49

I hear ya Shortarm, starts to wear a bit this doesn't it.

[shortarm] 15/4/2024 18:20

If there is no news in the morning I may actually have a little sulk!Hertica DokweSalinbasVenus IPOCome on!!

[soulsauce] 15/4/2024 18:12

Yep Plasybryn. I think it was also well oversold due to the Sve situation.
Hopefully the company can manage news now to continue the momentum.

[plasybryn] 15/4/2024 17:59

I suspect that last RNS was the best Guidance we will get. Too many unknowns apparently to say more at this stage.When will trucking start to Kiziltepe?How much high grade ore will be trucked?What is the impact on Tavsan production numbers?And so on. All relevant questions for the forthcoming Investor Meet Co Q&A . Amazing how the share price has perked up without news, just a strong gold & silver price.

[soulsauce] 15/4/2024 17:21

The lack of production guidance into the 3rd week of April is ridiculous might as well not bother.
That they haven't got a handle on what is possible by now tells me they haven't got a handle on the start of Tavsan and the logistics of when and how they are going to start moving higher grade ore to Kiz.

[jaf1948] 15/4/2024 17:14

Kirbs4,

My cynical side would say you are confusing Ariana with a company that cares about its shareholders - heaven forbid any of us could actually make a 'fast buck' ('The value of the business is not measured by share price alone, though it may well be for those that want to make a fast buck' Ariana Q&A June 12th 2023)

[kirbs4] 15/4/2024 16:48

That's what I am getting at JAF.. we now have the baseline to release news from, it would've been lost a few weeks ago as a lot of the good news over the last year has.

[xow98] 15/4/2024 16:31

Still no Production guidance... Think Dokwe news might be next

[jaf1948] 15/4/2024 16:23

In fairness, the current rise has been due to the increase in the price of gold and very little else apart from speculation and wishful thinking. A rise based on solid news is what is really needed.

[kirbs4] 15/4/2024 15:41

Absolutely primed for any good news they've got up their sleeves. A positive update on Hiz would be fantastic this week.

[thanksamillion] 15/4/2024 15:40

SVE held shares probably all sold at under 2p weeks ago, I've got stack of them now.

[guman] 15/4/2024 15:30

wish could get shares from SVE

[charles clore] 15/4/2024 15:28

Now Kerim can start bringing out the news...

[paul280i] 15/4/2024 15:23

Just been offered 3.02 by HL. Not selling though.

[backmarker] 15/4/2024 15:22

OK, and you'ld need to make up your own "deux temps".I suppose you try a Mobylette or Motobecane.But maybe just go for one with a battery.