Ariana Resources Share Discussion Threads

[charles clore] 16/4/2019 09:27

Plas - it seems I was a bit premature with my hope for 2p on today’s excellent news. I will have to tone down my expectations in line with the distinct lack of market interest in this little gem.

[soulsauce] 16/4/2019 09:20

Another very disappointing reaction. Still relying on PI's to take up the slack while PG remain a spectator on the side lines and seemingly institutions too.

[thanksamillion] 16/4/2019 09:16

The loan repayment comments seem to go against what we were told in previous communications, would be good to get this clarified.

[bigglesbingham] 16/4/2019 08:00

Thanks for sharing, both points were news to me. Anything else you feel may be relevant ? Regards

[plasybryn] 16/4/2019 07:43

Interesting STOPH. Thanks for sharing.

[letmepass] 16/4/2019 07:37

Take it easy charles. Dont push out the guns yet

[charles clore] 16/4/2019 07:36

Perhaps today we can push through 2p on these excellent results.

[jc2706] 16/4/2019 07:33

I think that the statement "exceeding average annualised quarterly guidance by 17%" in what is likely to be the most challenging quarter says it all really. A significant over delivery would hardly be surprising and bodes well for all aspects of the business going forwards.

[stoph] 16/4/2019 07:30

MDV clarified a couple of points at UK Investor. Firstly 90% of the loan will be repaid by Apr 2020 but the full loan will be repaid in 18 months. Secondly the share buyback was because their employees were having difficulty in selling their shares and needed the money. They will use this method to buyback from their employees in the future once the capital structure has been sorted. I must approve of them treating their employees in such a friendly employer manner

[soulsauce] 16/4/2019 07:30

Agree bigglesbingham. Maintaining over 7000 oz through winter and push backs is very good news.

[bigglesbingham] 16/4/2019 07:20

If there was to be a tricky quarter it's Q1 due to potential adverse weather. These results are exceptional for winter and fully endorse the strategy of stockpiling. Even using the stockpiled ore the g/t over 4. Q2 & Q3 should continue at similar if not slightly higher levels. The bulk of the debt should be repaid in next 9 months fully paid 12 months. Very pleased with these results. A gradual tick up of share price to April 2020. Buy backs and small dividend will accelerate the share price momentum. I said small dividend to show intent and procedure in place because bulk of money should be used for exploration. That brings me to exploration side! Zaks BRR Media video said it all exciting times lie ahead. If we continue with the success rate of previous exploration activity over last ten years then blue sky potential. One has to ask why wouldn't it continue? The vibes from conservative management are extremely positive . So looking forward to next 12 months here.

[shortarm] 16/4/2019 07:05

Wow!Shouldn't we be at like 5p a share by now!??!What a great little company - soon to be a bigger one :-)

[bigglesbingham] 15/4/2019 21:33

Nice 750k and 500 k think what happens when real buying starts !!

[plasybryn] 15/4/2019 18:50

Nice update from Zak and strong buying into close ahead of Prelims tomorrow???

[someuwin] 15/4/2019 16:18

Can't buy many online.

[the deacon] 15/4/2019 14:13

Thanks for the link Someuwin. Enjoyed that :)

[charles clore] 15/4/2019 13:42

Zak certainly seems very positive about recent drilling and ongoing works. I can't wait for those drill results!

By the way, is that the right shoulder of an IHS that the chart is on at the moment? If it is, April could be a great month.

[soulsauce] 15/4/2019 13:29

Excellent thanks someuwin.

I would suggest as they are currently making an access road for trucks at kizilcukur the decision to truck ore to RR has already been made.

[shortarm] 15/4/2019 13:14

'very excited'Looking forward to some results!

[paul280i] 15/4/2019 13:10

I'm too old for all this excitement, thanks for the video someuwin.

[jaynesdad] 11/4/2019 16:59

As the song says....'It wasn't me'!!
I'm all AAU'd out I think, don't want to risk more

[shortarm] 11/4/2019 15:00

The 500k man is quietly filling his boots with AAU

[jaynesdad] 11/4/2019 09:25

They are concerns, but the sort of concerns most companies face due to the political situation in countries where they operate.
The BOD always reassure that the Turkish authorities are relatively quick when it comes to licensing, and you wonder how long the delays would be if they operated in the UK!
Turkey isn't a third world country like many mining companies operate in - look at sub Saharan Africa. Its down to your risk appetite.....if conservative maybe an investor should invest in big safe home grown brands like, say, Debenhams, Interserve or Carillion!