Ariana Resources Share Discussion Threads

[nov31] 25/11/2019 13:21

Catsick, Well done. I have 2.15%. GLA long term holders

[apfindley] 25/11/2019 13:19

Looks like good news, but need to see where all this leaves aau with their percentage share of all their projects.

[catsick] 25/11/2019 13:17

I bet biggles is messing in his pants with 3pct of the co ! I only have 1.5pct so just mildly excited!

[nov31] 25/11/2019 13:16

Patience rewarded! Phew!

[soulsauce] 25/11/2019 13:16

To all long termers your day has come. Well done all. Drinks on bigglesbingham and Nov31.

Well done to all my friends here.

[soulsauce] 25/11/2019 13:14

By my calculations:-

23% of Zenit ££9.75m based on previous valuation sp
83% of Salinbas based on £3.66m for 17% is £22.8m
And £23m cash.

Grand total £55.5m or 4.9p per share.

[mcmather] 25/11/2019 13:13

Wouldn't disagree with that catsick.

[charles clore] 25/11/2019 13:12

The price is going mental now and I still haven't seen any of my buys yet!

[catsick] 25/11/2019 13:11

Actually closer to 8p if you consider there are other non jv assets and 80m usd just for the valuation of the red rabbit and salinbas owned by aau

[mad foetus] 25/11/2019 13:10

Looks good, I'm onboard

[mcmather] 25/11/2019 13:09

End of day predictions - think 4p is entirely possible but will reign it in slightly and go with 3.6p.

[run12] 25/11/2019 13:09

I've just starting doing some numbers.
If they paid back £5 million in a dividend that would be around 0.5p/share

[catsick] 25/11/2019 13:08

Looks to me like 5p at least is the fair price of aau shares from this transaction

[shortarm] 25/11/2019 13:07

Why would anyone let any shares go after that news!!!???

[soulsauce] 25/11/2019 13:03

Julian the wording is not fully clear but I think the 53% is just Zenit. May have been confused in the wording but seems the new partner will pick up the tab for much of the salinbas costs and arrange funding to get it to productions.

[carcosa] 25/11/2019 13:02

Guess this will be a happy event:



Ariana Resources will be presenting this evening at the London Hilton Hotel in Angel Islington. The Company invites any shareholders still keen to meet with the Company to attend at 6pm this evening.....

[charles clore] 25/11/2019 13:02

I bought 500k about 10 minutes ago and it isn't showing yet.

[someuwin] 25/11/2019 13:02

Keep adding while you can - imo.

[thanksamillion] 25/11/2019 13:01

Volume low so far considering how good this news is, cant wait for Mr Market to cotton on.

[crossfirecssf] 25/11/2019 12:59

:o)

...and the next breakout in gold just around the corner...with no debt!

[carcosa] 25/11/2019 12:58

Am I missing something here? Does this not value AAU a multiple of the current market cap? The only reason I can think the share price today is not >100% up is because of a perceived risk premium in not concluding this deal. However given the detailed nature of the RNS today it does imply to me that a great deal of work has already been achieved in good faith (he said with rose tinted glasses on)

[dixi] 25/11/2019 12:58

Special divi for shareholders :-)

[julianc35] 25/11/2019 12:55

not sure why a further $8m gets them 53% of Salinbas?

[soulsauce] 25/11/2019 12:55

Indeed it does mcmather. So 23% of Zenit plus 83% remaining of salinbas plus £23m in cash.