Ariana Resources Share Discussion Threads

[shortarm] 10/9/2019 06:45

I'm guessing that he's still giving everyone the benefit of his immense wisdom(that's how he amassed his personal wealth of like 2 quid odd).Hopefully he'll be off down the pub when his benefits come in :-)

[bigglesbingham] 09/9/2019 23:40

I've had to filter the clown.

[charles clore] 09/9/2019 23:24

...or more to the point, what's holding HIM up?

[soulsauce] 09/9/2019 23:15

And what's keeping you here 2tyke?

[2tyke] 09/9/2019 21:50

Ironstorm

Not only did CEY survive a military coup in Egypt, but the share price soared throughout it. Indeed, every time trouble raged more extreme, the CEY price zoomed higher.
Not sure who this Mr market is who sees things but is behind the curve. By definition, a share price can never be 'behind the curve'
Behind your personal expectations maybe. The share price is always correct.

You are of course talking about two different issues as if they are the same thing...namely the company and the share price
The company is a business governed by a profit/loss account.
The share price is simply a traded ticker with no economic existence or dependence whatsoever.
So what's holding it back ?
Precisely nothing.

[ironstorm] 09/9/2019 21:26

CC there are a number of potential reasons. Clearly from a macro perspective Turkey could be more stable. However CEY in Egypt managed to survive a military coup!

There is the debt - though it is being paid off on time with some to spare. Next year cash flow will ramp and put this to bed.

The hope around the exploration projects is clearly not believed by Mr Market.

But going forward, next year should see cash flow increase substantially, production pick up possibly by a lot, and better communication around an improving explo story will help. Overall I am happy (average around 1.4). This is a small company, early in its development with the risks being over estimated by the market. The market is clearly behind the curve, and the only real improvement needed today is a better communication strategy.

Interest could be spiked by further POG increases or even some form of takeover approach. This will take more time. I am hoping we see some more acceleration this year to 3p. 5p plus next year depending on unfolding story.

Just my thoughts on investment opportunity.

This is the second biggest holding for me and the top 3 investments are over 50% of my pension! The other two being Aaz and Srb. I would buy more if I wasn’t already up to the gills.

[2tyke] 09/9/2019 21:19

Charles
The more pertinent questions just maybe.....what is currently holding it up ?
And how long may it last ?

[charles clore] 09/9/2019 21:05

Ironstorm - we all (well most of us anyway) think the price is crazy. But what in your opinion is holding it back?

[ironstorm] 09/9/2019 20:57

just to confirm, I have NOT sold my 5.8m 😎

Btw these results on Tavsan give a lot of comfort that there is more upside here. Should be a nice little earner.

Price here is beyond crazy - value to my mind atm starts in the 3 to 5p range. With loads of news and potential on top of that.

[bigglesbingham] 09/9/2019 18:05

Spread shown is the most expensive seller against worst buyer price. Best seller is 2.27 vs best buyer 2.2

[plasybryn] 09/9/2019 18:00

Massive spread - 2.15/2.40!!

[plasybryn] 09/9/2019 17:38

This is from the 2017 Annual Report & Accounts: No commentary on China would be complete without mentioning the increasing demand for technology-metals and the desire to secure these from stable jurisdictions untainted by conflict issues. Commodities such as antimony, cobalt, copper, lithium, silver and tantalum,among others, are being sought globally to satisfy Chinese technological demand in particular. The common threadto each of these elements is their use in power generation, distribution and storage in a world that is slowly transitioning from fossil fuels as its primary source of grid-scale energyto decentralised networks of green-energy sources powering individual homes, offices and vehicles. It was with this broad-brush observation that the Company opportunistically acquired and then commercialised several lithium exploration projects in Australia in recent years. Following the successful vend of these projects in to two ASX-listed companies, the Company has since added A$3.5 million to the balance sheet from these deals, representing more than a 100-fold increase in value over our original investment. The Company continues to appraise opportunities insuch technology-metals and will acquire projects of merit accordingly, particularly in the context of the BRI.

[charles clore] 09/9/2019 16:50

Consolidation is the name of the game and I'm quite happy with today.

[bigglesbingham] 09/9/2019 16:45

And if the institution is beginning to build a position that's good news. Also if seller has shifted 6m shares in one transaction to institution at market rate that too is good news in that the shares sold have not been dropped into the market resulting in reduced shareprice. If PG have prevented this sale happening through "normal" channels then they would have been doing their job. Point is we won't know until an institution Declared more than 3% interest. Interesting times!!

[jc2706] 09/9/2019 15:56

AAU is not on SETS so there are market makers involved (not that they are that great at making a market).

[dixi] 09/9/2019 15:35

2tyke - that's as maybe. But if it were due to potential institutional interest, that in itself would be an interesting development. Against the usual level of trading that is a lot of stock to shift.

It is pure speculation of course, and in terms of institutional interest would really be small beer.

[soulsauce] 09/9/2019 15:32

Bigglesbingham it's the same eejit that marks Plas down. Got nowt better to do.

[2tyke] 09/9/2019 15:26

Every single trade is both a buy and a sell.
There is no such thing as just a buy or just a sell.
The only significant thing is the price struck.
The identity of either the purchaser or the seller is completely immaterial to the share price

[bigglesbingham] 09/9/2019 14:52

Don't know who's marked you down for that comment??

[soulsauce] 09/9/2019 14:09

Ok bigglesbingham thanks for the clarification. Let's hope your theory is right.

[bigglesbingham] 09/9/2019 13:04

Just spoke to my broker cos not familiar with NEX. He said yes a company could have sold to institution and reported it on NEX. They could have done it for a variety of reasons one of which could be cost so fact it was reported on NEX doesn't disprove my theory. As I say may be wishful thinking but rings true for me.

[bigglesbingham] 09/9/2019 12:42

Looking at the website it states "projects hosting metals utilised in renewable energy such as antimony and lithium are being actively reviewed. Asgard invested in lithium so assume they are looking at antimony producers?? Anyone know anything about antimony producing companies??

[bigglesbingham] 09/9/2019 12:25

MDV 5% , eldorado 4% myself 3% all other holdings more than 3% are in nominees via many smaller investors: Hargreaves 18%, Barclays 8% iii 8% , share nominees 6%hdsl 5% and Vidacos 4%.

[backmarker] 09/9/2019 12:11

how many holdings greater than 3% do we know about ( - that's we not including me, obviously)

[jaynesdad] 09/9/2019 11:38

We could do with one of Kerims interviews, with an interviewer prepared to ask the sort of question/ raise points from the discussion on this board. Tend to doubt we will get an interview just on this RNS but I live in hope!