Ariana Resources Share Discussion Threads

[bigglesbingham] 26/6/2019 12:51

Don't hold your breath as Kirby said the pompous arrogant .....didn't even know we were presenting there! Probably a misunderstanding but sums them up perfectly !

[crossfirecssf] 26/6/2019 12:50

Deleted on the grounds of being a fanny.

Back to business as usual. Scarlet, come out come out where ever you are...

[kirbs4] 26/6/2019 12:38

Last week Panmure didn't evwn know AAU were part of it Soul :)

[soulsauce] 26/6/2019 12:32

One would hope that given the location of the meeting that it is not just a run of the mill update.
Or may be Panmure have picked up on the flack and want to be looking to be doing something.

Here's hoping.

[jaynesdad] 26/6/2019 12:30

I am in total agreement (as nearly always!) with Biggles. AAU would normally provide some sort of presentation as part of the AGM. It just happens that Kerim is not available on the AGM day and we all know that he is the lead 'presenter'. So I see tomorrows presentation as a hastily scheduled alternative to that, not a forum for new information. Without an RNS there can be no new information presented during the meeting imo, because the meeting takes place while the market is open. From Kerims own recent interviews we know that Salinbas assays are not due back until the end of June, and then wont be subject to an RNS until analysed by him and his team. I would love to be wrong, and will happily eat my hat it that proves to be the case, but I doubt we will see an RNS containing any significant information tomorrow as none is due. Unless, as Dic surmised, we are subject of a bid but I find that unlikely.

[paul280i] 26/6/2019 11:51

I would like to hope for an RNS tomorrow with a few of the preliminary results from the Salinbas drilling, but I may be disappointed.

[bigglesbingham] 26/6/2019 11:26

The update meeting was don't cos Kerim can't be at the shareholder meeting so not sure there will be rns. I'm expecting rns end next week or early following week.

[charles clore] 26/6/2019 10:57

So - any thoughts on what the update could be about?

And I see someone is taking their teeny weeny profits again, lol!

[someuwin] 26/6/2019 10:31

...Also, Tomorrows update meeting is in lieu of the formal AGM meeting on Friday.

So I'm fairly confident we'll get something RNS'd.

[8rad] 26/6/2019 10:27

However it did say before the first presentation that no new news would be given there...this has not been said this time.

[8rad] 26/6/2019 10:27

However it did say before the first presentation that no new news would be given there...this has not been said this time.

[jaynesdad] 26/6/2019 10:09

Hate to dampen expectation someuwin, but the last presentation on 30th April wasn't immediately preceded by an RNS - the last one had been 2 weeks earlier with the Q1 preliminary production results (and Q2 isn't due yet). There may be one but its not nailed on!

[charles clore] 26/6/2019 10:00

soul - I agree about your observation re. undervaluation. However, the bonus draw here (for me) is Salinbas and although that is linked to the gold price that won't make a huge difference in the short term because I think Salinbas will lift the price on its own merits. And if it turns out to be as good as people (including the chairman) thinks it could be we definitely won't be looking at 2-3p anymore imho.

[someuwin] 26/6/2019 09:59

I'm assuming we'll get an RNS tomorrow. They can't have a shareholder update meeting without updating the shareholders first.

"Ariana Resources plc ("Ariana" or "the Company"), the exploration and development company with gold mining operations in Turkey, announces that it will be hosting a shareholder update meeting and presentation, followed by a Q&A session on 27 June 2019, at 11am at Panmure Gordon and Company, One New Change, London, EC4M 9AF."

[soulsauce] 26/6/2019 09:44

Shouldn't be any nervy traders due to the gold price. This would be undervalued at this price even if the gold price should drop back to $1250 of a week or so ago.

[ileeman] 26/6/2019 09:35

Gold cooling of slightly as you would expect, consolidate for a few weeks then back up.

Lets see if we get some nervy traders/investors would be happy to buy on a pullback.

[graylyn1] 25/6/2019 18:40

Why Gold Price Is Likely To Touch $1,550

[jc2706] 25/6/2019 17:55

I'd watch out. The US dollar is perking up.

[bigglesbingham] 25/6/2019 16:36

Just had a flutter on 3x leverage long on Silver. We will see. I'm hopeful ratio between gold silver will close and not due to reduction in gold price . We will see.

[kirbs4] 25/6/2019 16:21

I think there is probably a level at which the right broker becomes very important. As a PI, and a small one compared to some even on this board, it doesnt impact me as much because the impact of fluctuation in share price and fee would be minimal on my bottom line. Clearly it matters more if you are investing 10's or 100's of thousands and regularly.I am only a few years into investing and am taking a relatively cautious approach as i firmly agree with the sentiment that experience counts for more than any instruction/advice when it comes to this game. Thankfully i have had it all when it comes to AAU who were actually the first company i decided to invest in (in the riskier portion of my portfolio obviously, it is AIM after all). I saw my initial holding more than double, took out my initial holding and left the rest, saw it dwindle to almost 1p again, slowly topped up and watched it fluctuate on a mixture of potential and perceived poor decisions, and now sit pretty in significant profit but minimal financial risk. I do trust AAU now, and am a firm believer that this will multiply even from here. If it does i will probably be towards the point where i need to ensure i am with a decent broker!

[charles clore] 25/6/2019 15:13

Cinoib - I got a figure of 0.5% RB trading commission from a poster on another thread. I didn't realise there was a maximum dealing charge but it would still means paying £95 to make a £20k trade. I watch prices very carefully and have never been significantly undercut by other prices compared to my trades on iii. So even though their standing charge is high I get to deal for £3.50 a trade which suits me for now.

[ileeman] 25/6/2019 14:38

When silver moves it is going to move.

Not many good producers that are exposed to both silver and gold.



"If History Still Matters, Silver Is Poised For A Huge Move"

[bigglesbingham] 25/6/2019 14:05

Having a broker you can talk to is worth weight in gold. Re negotiation with market makers etc

[cinoib] 25/6/2019 13:55

Charles clore RB has a max charge of £95 so I don't know where you get your 3200 from, they also get you a better price than you can online, so for the extra cost you save or get back that much more, so well worth the cost and you always get what you want as far as quantity is concerned, because if not online then they will ring it through.