Ariana Resources Share Discussion Threads

[soulsauce] 29/8/2019 17:01

And they are unlikely to start off loading shares either Charles so the share price does not matter to them

If as you say bigglesbingham that they are trying everything in their power to get the share price up then it is not showing. What have they done to address it?
Apart from steady as you go Rns and doing what they say on the tin with production, I don't see anything that suggests they have tried to get the share price up.

As I have said to the point of exhaustion, with the lack of institutional support the only way to move the share price forward is to gain PI interest. Please tell me how they are doing that because I ain't seeing it.

[charles clore] 29/8/2019 16:49

biggles - I thank you for your comments. One thing I would say in defence of my previous comment is although it is nice to see the stock rise, the directors don't actually need a higher share price because they are guaranteed income by virtue of employment. They set their own salary, bonus payments and options, what a lovely position to be in - why would they want to change such a beneficial arrangement? I am not saying they are deliberately damping down PR but they certainly ain't doing much to enhance it.

[bigglesbingham] 29/8/2019 16:17

3x loss in gold is a decent stock to short gold same for silver.

[bigglesbingham] 29/8/2019 16:15

Just a number of points: I've taken part in fund raisings , each time the share price went below the fund raising price so all shareholders could have bought at below the price paid if they do desjred. They have more shares than most therefore why wouldn't they want the share price to go up? Thirdly if it was bought out then their lifestyle company as you put it would end so again the inventive is for them to increase share price. The board has been made fully aware of concerns about the sp/value disconnect and I've been assured they are fully aware and trying everything in their power to address it Charles. Believe me I want share price to take advantage of this Bull gold trend (or bear market as one poster likes to refer) just don't think your logic holds.

[2tyke] 29/8/2019 15:58

Backwoodsman

I bet the times didn't mention that 2tyke was expecting the bounce...before the RNS was even written.

Jc
That's right protection, if one were inclined, would involve hedging with options or selling short contracts.

It probably won't appeal to those holding pm's because they fear the end of the world is nigh.

Actually, the state of fiat currencies, the failing economy or brexit won't bother the gold price in the least.
Like all assets, gold tends to perform better when the economy is strong.

[backwoodsman] 29/8/2019 15:38

Yesterday's RNS and 5% rise mentioned in The Times this morning.

[jc2706] 29/8/2019 15:09

You can always protect your position through shorting. There are a number of options for shorting gold and silver but I suspect that most invested in PMs will find them unpalatable!

[charles clore] 29/8/2019 14:46

2tyke - protecting positions? and how should they go about doing that? The bond market is tanking, stocks are at artificial highs and fiat is on the brink of collapse. I am in gold, silver and pgms in a big way... so any sensible advice you can offer to protect my position would be most welcome.

[shortarm] 29/8/2019 14:40

Aha, financial advice :-)Just a quick question - you have any form of insurance?

[2tyke] 29/8/2019 14:06

Supercity

Hope I haven't been too boring.
But the point is....if I am right....virtually nobody on here should agree with me.

Which means large gold and silver investors should really be protecting their positions going forward.

[supercity] 29/8/2019 13:25

2tykeI think you have been perfectly clear in no uncertain terms that you believe gold is about to crash and have given many hours of your time this week reinforcing your view Many people disagree.Many may agree.It doesn't really matter either way.It's beginning to look like a typical brexit debate between leavers and remoaners

[daim1] 29/8/2019 11:53

Guys this is from the recent RNS:-

"The definition used to derive the cash costs is essentially the same as that used within the feasibility study."

Could anyone direct me to where I might find "the feasibility study" that's being referred to please?

A link to it if there is one to the f.s. would be particularly useful.

Many thanks.

[2tyke] 29/8/2019 11:18

My contrarian views also extend to dividends.

What happens to a stock price on the day a stock goes ex-div?

That's right....all a dividend is is a partial return of an investors OWN money.

[2tyke] 29/8/2019 11:15

Gold bulls out en masse.
Meanwhile a non-confirmation between gold and silver yesterday...a sign the top is approaching fast.
Silver bulls now at record levels for many years. The higher it goes the more extreme will go optimism.
Bloomberg reported on monday..' central banks love gold, and that ain't gonna change'
Central banks are always the final mugs to buy.

[thanksamillion] 29/8/2019 10:17

I agree shortarm, come Mid 2020 the share price will better reflect the companies income and prospects.

[shanur90] 29/8/2019 10:13

My buys are coming through on nex I been buying here

[shortarm] 29/8/2019 09:53

And relax....The share price has done relatively well and will continue to do so - patience is unfortunately the key.....

[charles clore] 29/8/2019 09:34

biggles - by lifestyle company I mean they are loaded up with cheap options, allow themselves exclusively and no other shareholders to participate in fundraisings and run the company to perpetuate the geologists dream, giving nothing whatsoever back to their shareholders. Raising market awareness followed by a substantial price increase would deter predators and probably at least give shareholders a sense of elation which is something as a holder I haven't felt for some time.

[carcosa] 29/8/2019 09:33

"More recently, though, the mining boom has faltered, with political instability and permitting issues causing investment – as well as the expansion of new gold mines – to slow. "

Includes additional comments from Kerim

[jc2706] 29/8/2019 09:29

I think that describing this as a lifestyle company is a very unfair accusation. The company has come a long way. Look at the number of companies that have been in this space and see how many have brought the asset through to production. If they wanted a lifestyle company they would follow the path of RRR or RGM (and now POW) and buy 'promising' assets that will never amount to anything.

I understand that a share price falling back creates this sort of dynamic on bulletin boards but you need to keep in mind what has been achieved and what is coming on the horizon. Things like Salinbas are great prospects but it is hardly the BoD's fault if they do not produce Hot Maden type intercepts.

To put it in perspective, I recall how gloomy an AAZ bulletin board was years ago when the share price was languishing in the low single digits. Times change.

[the deacon] 29/8/2019 09:27

BRR Media interviewhttps://www.brrmedia.co.uk/broadcasts/5d66a0fe85f23e7c1eda7bf9/ariana-resources-kiziltepe-quarterly-operational-update

[bigglesbingham] 29/8/2019 09:20

Charles there's no sense in the board trying to surprise the share price. They hold loads and increased share price means it wards off potential buyers. So if they wanted a lifestyle company keeping shareprice low goes against this theory

[charles clore] 29/8/2019 09:14

dixi - I think there has been a steady PI exodus already. The big question is, can that be corrected before it is too late?

[dixi] 29/8/2019 09:07

But would it not make so much more sense for the share price to be higher, in turn an offer for the company would reward the board ever more highly?

Needs excitement, but what will be catalyst? A JV partner at Salinbas, diversification, the realisation that there is no debt (soon), possibly a dividend? Otherwise as bigglesbingham states, pi's will be off chasing rainbows elsewhere.

[8rad] 29/8/2019 09:04

CC ...precisely. A small dividend would represent a defensive play at this stage of proceedings to increase share price and hopefully ward off cheap takeovers bids. Kerim you know you like conservatism.