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AAU Ariana Resources Plc

2.55
-0.05 (-1.92%)
01 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ariana Resources Plc LSE:AAU London Ordinary Share GB00B085SD50 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.05 -1.92% 2.55 2.50 2.60 2.65 2.55 2.65 1,235,197 16:09:38
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores 0 4.03M 0.0035 7.29 29.23M
Ariana Resources Plc is listed in the Gold Ores sector of the London Stock Exchange with ticker AAU. The last closing price for Ariana Resources was 2.60p. Over the last year, Ariana Resources shares have traded in a share price range of 1.575p to 3.10p.

Ariana Resources currently has 1,146,363,330 shares in issue. The market capitalisation of Ariana Resources is £29.23 million. Ariana Resources has a price to earnings ratio (PE ratio) of 7.29.

Ariana Resources Share Discussion Threads

Showing 14026 to 14048 of 50125 messages
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DateSubjectAuthorDiscuss
17/5/2019
12:50
I don't think he is being disingenuous either as he has quite clearly used the word mineralisation however it has caused confusion and thus may be needed a little more explanation.

Whatever it turns out to be they are quite clearly happy to see it.

I understand there is lots of copper in sulphides 😊

soulsauce
17/5/2019
12:45
Didnt they say a while back that the gold seam in pics of our current mining area was the blue bit and not the yellow.

Edit: just checked the old Twitters and I am wrong,
Zac says "NW end of the Arzu South Pit at Kiziltepe today. High grades (>6g/t Au) being encountered along the vein (lighter colour linear feature) at bottom of pit".

So a light brownish colour, but not glistening gold.

thanksamillion
17/5/2019
12:44
I can't see him being so disingenuous after all this time playing it close to his chest. It's simply not his M.O.

The word "CLEAR" in this context I believe means what it says. Easily visible to the human eye. If it's not gold/silver I don't believe they'd attempt to pass it off as such. I think it is indeed clear (ie. easily visible) evidence of mineralisation (ie. precious metals, not bits of Crunchie). Just my opinion though. If they're 'at it' I'd be very surprised.

crossfirecssf
17/5/2019
12:41
Given that the sample is probably 25-30kg (I am assuming it's one of those plastic sacks turned out) then you would be 100s ounces per tonne.
soulsauce
17/5/2019
12:28
dixi - I find it hard to believe as well. But as soul indcates, if it is gold it would probably run into several ounces per ton and would require a bonanza type RNS once they had confirmation back from the lab imho.
charles clore
17/5/2019
12:18
soul - thanks for that and yes, if the picture was intended to deceive very naughty indeed.
charles clore
17/5/2019
12:13
Just spoken to a geology friend and the likelihood of finding nuggets in a drill sample is very small let alone the amount of 'nuggets types' in that picture.
A little bit naughty showing a picture of shiny yellow in my opinion.

soulsauce
17/5/2019
12:01
soul - if I was Kerim I wouldn't want to cause a stampede at this early stage in drilling. So I'd probably keep the market guessing. The key questions here are 1) what do they mean to imply by 'clear evidence of mineralisation' along with a picture that clearly shows quite significant yellow bits and 2) what is the nature of that yellow mineralisation?
charles clore
17/5/2019
11:55
soul - that's the million dollar question innit me dux!
charles clore
17/5/2019
11:54
Lol 8rad. I hope it's gold as much as the next man but if it was in a sample like that it would be off the scale and not something you would make freely available ahead of an RNS.
soulsauce
17/5/2019
11:50
Its like the 49ers here today...definitely something in the air. The power of the picture and all that.
8rad
17/5/2019
11:43
So Charles then why use the word mineralisation and not 'gold can be clearly seen' if the yellow is indeed gold?
soulsauce
17/5/2019
11:33
But soul - if they have an XRF spectrometer they should be able to say exactly what the yellow bits are. Why do you think they are not doing that? I don't think Kerim would want to risk showing that picture knowing it could mislead.
p.s. - in other words I think the yellow bits are probably nuggets

charles clore
17/5/2019
11:30
RNS 28 June 2018:

JORC Exploration Target* of up to 2.7Moz gold and 16.1Moz silver established in the Salinbas area, excluding current JORC Indicated and Inferred Resources of c.1Moz gold.

Potential for further resource extensions to be delineated within high-grade and steeply plunging breccia pipes akin to Hot Maden, which feed in to the Salinbas Horizon.


That tweet from a few hours ago as posted by someuwin #14063 from first drill results;

Crikey.

mcmather
17/5/2019
11:28
More likely to be sulphides containing various minerals.
Like I say gold in that sort of amount wouldn't be tweeted out.

soulsauce
17/5/2019
11:24
And the sellers are still there. Unbelievable!
charles clore
17/5/2019
11:22
Stop losses activated :)
kirbs4
17/5/2019
11:16
Just for clarification, I mean gold/silver when I say mineralisation. Appreciate that there's more to it than that.
crossfirecssf
17/5/2019
11:14
Damn this is getting exciting. Who's going to be left at the station? There are nuggets in there. I'd suggest that that little pile appears to show very high, if not bonanza grade mineralisation, but what do I know? All I know is that I'm sure as hell not going to be left standing while the train rolls off into the distance. My seat's booked and taken.

JC2706, absolutely I agree that Salinbas will be the catalyst if not the gold price, but I believe we're going to get both, and that represents the perfect storm.

crossfirecssf
17/5/2019
11:10
soul - I agree it would help to know if the yellow bits are in fact gold. I believe they have an XRF hand held spectrometer on site so the question shouldn't be difficult to answer.
charles clore
17/5/2019
11:06
Charles mineralisation is not the same as gold. There is probably a mixture of things in that sample like molybdenum. It would be good to have it clarified I think.
soulsauce
17/5/2019
11:02
soul - imho it would be disingenuous of the company to tweet 'clear mineralisation' if it wasn't actually gold
charles clore
17/5/2019
10:59
Quite catsick.
soulsauce
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