Ariana Resources Share Discussion Threads

[bigglesbingham] 23/4/2019 20:59

Ironically the presentation was presented poorly as I think MDV is and account not a born presenter, however some excellent info if you persevere. The mine life now considered to be more than 11 years, Tara an production being aimed for next year up to 30000 additional ounces. Salinbas need to be developed further to see whether they go alone , JV or sell for a COUPLE of hundred million dollars. MDV clearly showed what he believed will happen. Sometimes when your nervous delivering info , trying to sell something your true aspirations come out. Kierem on other hand is very in control when he delivers and remains very conservative and unflustered. I wouldnt mind a go at presenting cos I'm dam sure I'd sell the companys story to potential investors, unfortunately most people buy people not the story and I get why Keirim and MDV conduct the presentations but is it time to get professional marketing people to get the story across at these events? However we employ Panmure Gordon to sell the story to institutions so the board may think they can't do a worse job that them so they'll do it!!

[kirbs4] 23/4/2019 19:04

Im inclined to agree Charles, MDV seemed quite uncomfortable on the stand.

[charles clore] 23/4/2019 18:06

Not seen such a bad presentation in a long while!

[soulsauce] 23/4/2019 17:25

Thanks sleveen and bigglesbingham.

[sleveen] 23/4/2019 17:13

Just released by shareprophets.

[bigglesbingham] 23/4/2019 16:00

Interesting article from Liontrust Micro Cap fund. Panmure Gordon get your finger out! No minimum investment amount!! What is a Micro Cap?There is no cut-and-dried definition of the micro cap universe, and we don't make any distinction between micro caps and nano caps. For the Liontrust UK Micro Cap Fund, we define a micro cap company as one capitalised at less than £150m at purchase. There is no lower limit.To enable us to capture a significant proportion of the rapid early-stage growth of the investee companies, we will hold stocks up to a market cap of £250m before beginning a managed exit process.Why small is beautiful1. Rapid GrowthMicro cap investment offers an exciting opportunity to capitalise on the fast early growth phase of dynamic, entrepreneurial companies.• Dynamic micro cap businesses are agile. • They can take share from incumbents in markets experiencing disruptive change. • Or they can create greenfield opportunities for innovative products and services.There is substantial evidence that the micro cap space can offer excellent investment returns. The smallest listed companies, as measured by the Numis 1000 Index, have outperformed the FTSE All-Share Index by over 15 times since 1955. 2. Skin in the gameHigh levels of management equity ownership are much more common among the smallest companies on the market. We believe that this 'skin in the game' acts as a strong motivator, as well as creating a more conservative business ethos focusing on organic growth and lower balance sheet gearing. It also provides good alignment of the long-term interests between managers and shareholders.3. Under-researchedAnother advantage of investing in micro caps is that they are not as well covered by analysts as the rest of the UK stock market, offering opportunities for investors undertaking their own research into individual companies.

[jc2706] 23/4/2019 12:31

Hardly any volume and small sells so most likely your average bored AIM investor looking for more excitement elsewhere.

[charles clore] 23/4/2019 12:31

biggles - take it from me not all of the trades published today are sells. I just bought 250k for example for 1.835p and am expecting a move through 2p very soon.

[bigglesbingham] 23/4/2019 11:59

Just don't get these sells prior to drill results and other potential rnss.

[shortarm] 22/4/2019 17:22

Erm, yeah you were :-)

[jaynesdad] 22/4/2019 11:45

Number of shares in issue is totally irrelevant.
BP could make itself into a penny share if it wanted to, by issuing 500 shares for each share it currently has in issue. Wouldn't make it a different company in any way or affect its prospects.

[bigglesbingham] 20/4/2019 19:22

I agree on market cap but think soul was getting at fact that number of shares is irrelevant , it's the market cap which is important. However so much going on with AAU who knows where the share price will end up.

[oakey1] 20/4/2019 18:57

See I wasn't being silly as biggles agrees with me with regard to the possible price...I never price in possible discoveries until they are actually discovered...seems like logic to me

[bigglesbingham] 20/4/2019 14:10

£45 million market cap as a maximum ? If Salinbas comes off anything up to £450 million. Joking apart I think 3-4.5 p is realistic without further discoveries

[charles clore] 20/4/2019 10:34

JC - I reckon those kinds of results on their own would pay for the drilling. All we would have to do is keep drilling, ship the cores to Kiziltepe and save the cost of settingup a mine.

[soulsauce] 20/4/2019 09:11

Drill result porn JC, I like it lol.

[rjwoodrjwood] 20/4/2019 08:39

They already have over 1m oz at Salinbas.....value that at 50-60$/oz in the ground, and already you have more than current M/cap.

[jc2706] 20/4/2019 07:56

It is worth remembering that MARL was taken over for £150m or thereabouts. You would have to say that this was on the basis of Hot Maden as that was their focus and the other assets had shown no sign of being anywhere near the same quality.

MARL only owned 30% of Hot Maden.

Salinbas hasn't shown the type of intercepts that they were hitting at Hot Maden but if they ever do it wouldn't take much of a leap of faith to compare the two deposits. Can you imagine the impact of drill results like 7m @ 526g/t or 75m @ 17.2g/t (actual drill results from Hot Maden). The share price would likely respond accordingly I suspect.

Sorry, I don't usually resort to 'drill result porn' but the Hot Maden results were something to get excited about for those that follow gold.

[jc2706] 19/4/2019 22:40

Only 18p per share? Damn, there I was convinced this was a 100 bagger but only possibly a 10 bagger!

[soulsauce] 19/4/2019 22:00

oakey the reason I said it was a silly statement is you have no idea what they will find at Salinbas.

Putting an upper value on the company because of the number of shares in issue is ridiculous.

I have been outspoken on the number of shares this company has issued as many will know but you can not put some mythical upper limit on the value here on how many shares are in issue when there is a lot more to it than the current production.

I am realistic in my valuations and I am not expecting silly valuations but with salinbas the possibility of big upside is possible and 10p+ could easily be possible.

[oakey1] 19/4/2019 21:42

Soulsauce why is it a silly statement?...if Aau was a clone of AAZ in its business which it is not it would be worth roughly 8.1p if you take aaz' current valuation as a guide...I'd personally be happy with 4p+ and don't feel I'm being silly whatsoever...you do realise a say MC of 200 mill for example would still only be around 18p a share?....I don't know what you are expecting but you should be realistic in your expectations

[plasybryn] 19/4/2019 18:10

Are you all getting your questions together for the end of month Shareholder meeting? Are many hoping to attend I wonder? Not well supported last year.

[soulsauce] 19/4/2019 17:12

ilostthelot it is hard to understand why the share price is still 1.9p producing as they are at the moment and each month the debt dropping off as Plasybryn has eloquently said and that is without the satellite projects and Tavsan.
But it doesn't help when share tips take risk off after making 10% and the house broker is about as much use as a chocolate teapot.

However as I have always stated the big draw and the possible company changing project is salinbas. If results are good from there, and all signs point to that being the case, then all bets are off and so it is worth being invested just for that even though it is lowly valued on what we know.

oakey1 what a silly statement.

[plasybryn] 19/4/2019 16:52

Quite different imo. AAZ is far more mature with a great solid business and well run. Nice dividend now and reasonable upside potential but nothing like Ariana which I hope will be a multi bagger.I have great respect for the mgmt team at AAU and their ability to over deliver and under promise. I like the low costs and the security attached to having such a competent JV partner - Proccea. But the elephant in the room is bringing us another Hot Maden discovery as per Mariana Resources. With real drill progress to be made this year, I wouldn't want to out. Under the radar, small market cap. proven discovery skills and adequate free cash to fund the exploration makes this a no brainer for me.