Ariana Resources Share Discussion Threads

[soulsauce] 19/4/2019 09:46

I think you need to do some better research first.

[ilostthelot] 19/4/2019 09:39

So according to Panmure they reckon all in costs are 1150. That's every cost.

So if AAU produce 30,000 oz this year which would be exceptional. They will make 30,000 * 150 (assuming gold averages price of $1300)

Profit of $4,500,000 for 2019.

Not bad. Not exactly exciting either.
Once debt is paid down the shares will rise accordingly similar to what happened at AaZ. Obviously all exploration isn't in the current valuation.
Please pick holes in my crude calculations.

[kirbs4] 18/4/2019 14:09

Couple of pics of the Arzu South pit on Twitter

[bigglesbingham] 18/4/2019 13:57

Really don't get sales at this point in year

[kirbs4] 18/4/2019 08:31

.... Then submitted it correctly twice :)

[kirbs4] 18/4/2019 08:21

Someone typed 514 in the shares box instead of the cash one i see :)

[8rad] 17/4/2019 19:47

But who gives a f... about Shareprofit or whatever and give them credence when we longtermers(sufferers) know much more than the so called analysts. It does not all depend on Salinbas(Ardala) but if (when) it comes good boy do we not deserve it.

[charles clore] 17/4/2019 13:28

Soul - now that is a very good point my friend!

[soulsauce] 17/4/2019 12:00

Yep it's good to have coverage in the absence of any broker comment 😉

[charles clore] 17/4/2019 10:51

Biggles - agreed on that point. Also as Kirbs says, as a commentator he has to have a belt and braces approach or he could tarnish his reputation if he came off the fence and what he said didnt materialise. But overall a very positive write up and it is left to readers to make up their own minds.

[bigglesbingham] 17/4/2019 10:32

No sweat but when you compare with last one he was a lot more forceful re selling as 2p. Least it's on radar

[kirbs4] 17/4/2019 10:15

It is basically rather non committal imo. He cant lose, if it goes uo he told people to hold, if it goes down he told people to top slice.Ignoring the 'tip' element of the report it is very positive and good high level summary.

[charles clore] 17/4/2019 09:17

Biggles - I still read Nigel's comment as being an invitation to take profit 'as you wish' rather than hold on for bigger things to come. Sorry mate

[8rad] 16/4/2019 19:04

CC What more needs to be said.

[the deacon] 16/4/2019 14:13

The hot stock rockets model is to buy shares that'll turn a 30% profit within a 2-3 month period. The slicing at 2p is commensurate with that after suggesting buying at 1.5p ish. I'd hope that those that did buy actually did a bit of research and repaired they'd bought something worth a lot more than 2p. I think Nigel alludes to the medium/ longer term value here, and I fully agree. Won't be selling anytime soon ...

[bigglesbingham] 16/4/2019 13:51

The reason they are recommending sales at 2p is they are using their punters to manipulate the price to profit personally. If I was to do steady sells at 2p then the price would reduce . Then if I bought back the price recovers. They tell their punters to sell this reduces the price they then buy more. It's pathetic really because those that get out are being used and although many will make a small profit it's nothing compared to the potential returns the stock would make. They make out they are for their clients but manipulative ...... this is my own opinion but how can you advocate a stock in one breath then say sell some of your holding in another breath????

[crossfirecssf] 16/4/2019 13:50

Agreed CC. WTF?

"...On Kiziltepe alone I reckon Ariana is cheap, and in my view this will be addressed by the market once the bank is seen off. If we get exploration success over at Salinbas, these shares could explode –".... SELL!!??? :o/

You go ahead mate... think I'll maybe hang around for a bit...

[charles clore] 16/4/2019 13:05

So even Nige, despite his enthusiastic intro, is advocating to take profits at around 2p. This stance is probably wearing a bit thin as the company has zero debt within its grasp and with imminent drilling at Salinbas which should attract speculators before the drill results are published. For the life of me I can't see why he is saying take profits because this looks just the kind of place someone would want their money to be right now.

[shortarm] 16/4/2019 12:09

Sells are at 1.925 so seems there is some demand in the background....?

[the deacon] 16/4/2019 11:32

Shareprophets - Nigel Somerville:AIM-listed gold-miner in Turkey, Ariana Resources (AAU), released its latest quarterly production figures from its Kiziltepe joint venture this morning. Last year the numbers were4,866 ozagainst a target for the year of20,000 ozand the company went on to deliver27,110 ounces. Now a year later, and with all the start-up bits and pieces worked out some time ago, Ariana has delivered7,296 ozof gold for the first quarter of this year. Great stuff!Ariana has offered production guidance for this year of 25,000 oz gold, but if you do the maths that should mean 6,250 oz per quarter. So Q1 has once again beaten expectations. If they keep this up, annual production will be heading for over 29,000 oz, but I reckon it could deliver over 30,000 oz in the end.With the gold price fairly firm around $1300 per ounce, and production costs last time of $349 per ounce that bodes very well – and there were a further 84,109 oz of silver produced on top.There is no mention this time of the bank loan – which was half paid off at the turn of the year - but on these numbers I see no difficulty in the JV settling the bank on schedule. After all, even ignoring the silver that should mean the best part of $7 million in the door so far this year. With around $16.5 million of bank loans to go, largely over the course of this year, it looks as though there should still be some cash left over for the JV partners too, which will help fund Ariana's exploration plans over at Salinbas (on top of the cash-pile already received) so it is all good.And a year from now the bank will have more-or-less been settled completely and then Ariana's income will surge.All very positive, and with plenty of exploration news to come there is every reason to hang on to this stock. With the shares once again nudging the 2p mark (the spread of 1.8-2p is rather larger than the prices available) my stance remains to top-slice at around 2p as you wish, and hold the rest for more.On Kiziltepe alone I reckon Ariana is cheap, and in my view this will be addressed by the market once the bank is seen off. If we get exploration success over at Salinbas, these shares could explode – but that is for another day!

[kirbs4] 16/4/2019 10:45

Nothing yet to change my view that this will remain around this value until Salinbas is realised. Anyone who had done a bit of research into the company wouldn't be surprised by todays (very good) prelims so i am not surprised by the stifled response.

[the deacon] 16/4/2019 10:16

Yup, a very good RNS. I agree, at some point this'll start travelling towards a fair value. I'm happy to sit and wait in the meantime.