Ariana Resources Share Discussion Threads

[shortarm] 31/12/2019 13:33

Lots of people getting these shares out of tax paying accounts into ISA ETC!MDV especially knows how big the next jump is likely to be - hence getting them out at the cheapest possible price (less tax on profit) and into ISA and SIPP!

[bigglesbingham] 31/12/2019 13:02

Ex the original lom 8 yrs now talking 10-12 years if not longer . Tarsvan lom 4 years but expected to be significantly longer but IRR 78%!! Many other projects. I've been to the mine and have more than 3% holding if you've any questions feel free to ask but it needs to be on the other thread which is exceptionally informative. A little concerned when posts are made which are factually incorrect which could impact on potential investors hence reverting to original thread. No offence meant are we are all in this for profit.

[paul280i] 31/12/2019 12:24

You need to read more about this company, attend meetings and the AGM, read the RNS and drilling results then you would not be posting rubbish about a 4 year length of mine. That's it, back to the old thread and the many knowledgable posters there. Bye.

[charles clore] 31/12/2019 12:22

Soul - I agree we have some of the most knowledgeable posters on here and that fact alone should be enough to sway the crowd.

[thanksamillion] 31/12/2019 11:50

Yes, Ok, but what about all those 2.45s. Maybe its just the Brokers wanted to get away from the desk and left the system on auto, but with ridiculous spread.

[excellance] 31/12/2019 11:29

They'd better hurry up, run rabbit run, phase one only has 4 years LOM remaining at average 20k oz pa, while phase 2 only has 4 years LOM in total at 30k oz pa.

That makes this company look decidedly marginal. However the Salinbas project may be in development stage in 4 or 5 years I suppose to fill the gap.

[bigglesbingham] 31/12/2019 11:28

I'm not so sure 2.34 and 2.57 seem a distinct sell and buy

[thanksamillion] 31/12/2019 11:16

The current huge spread may be due to intended spread of confusion as to which deals are buys and which are sells. I suspect smoke and mirrors though to what end ?????

[thanksamillion] 31/12/2019 11:09

Had a quick look at the new one decided I prefer this one. Dont quite understand why the new one is needed.

[thanksamillion] 31/12/2019 11:06

Had a quick look at this thread, decided to stay on the usual one.

[soulsauce] 31/12/2019 10:59

True and good exposure may be, but we don't need to be spread across 2 BB's, it gets confusing and fractious.

I really do not understand someone suddenly having an epiphany about AAU setting up another BB and ignoring all the good posters here and posting as if they suddenly know everything about the company when what they are posting is plain wrong.

[soulsauce] 31/12/2019 10:56

Well for a start after the JV is concluded our gold take will be down from 51% of 26k oz to 23%.

The only way we are going to increase gold next year is if Tavsan starts operating (totally unacheivable), one of the satelites comes on stream (possible) or if we introduce a second ball mill to RR (possible).
However neither of the possibles is going to raise our take to 50k oz in 2020, not even 20k oz.

You could probably find out an awful lot more on the other thread from the folk that have been invested a long time.

[excellance] 31/12/2019 10:48

Cut and pasted from their website today, so their vision in 2019 is 50k oz of gold, so it is their aim right now, tho I take your point about whether that is even possible in 2020. We will see in ths next 12 months if it is.

"Our vision is to increase gold production from our joint venture towards 50,000 oz gold per annum."

[charles clore] 31/12/2019 10:48

Soul - the more exposure the company gets the better imho.

[charles clore] 31/12/2019 10:46

I see that Michael de Villiers has just transferred a big chunk of his family's holdings to an ISA in readiness for the expected share price increase and dividend early next year.

[charles clore] 31/12/2019 10:38

Thanksamil - It will get manic when the dividend is paid

[soulsauce] 31/12/2019 10:30

And by the way they are not aiming for 50k oz in 2020, that is unacheivable.

[soulsauce] 31/12/2019 10:28

So why not use the already excellent BB?

[soulsauce] 31/12/2019 10:27

I see someone has started another thread - sigh!!

[thanksamillion] 31/12/2019 10:21

With much of the recent trading volume being share shuffling, it seems the word is still not getting out.

[excellance] 31/12/2019 10:02

i was watching this company a few years ago but decided not to invest and instead chose EUA.

I have now come back, based on chatter and tips on the EUA board, and after reacquainting myself have decided that the company is now in a totally different place to where it was in 2016 (the last time i checked it out) and hence it is worth my while investing a modest sum at the seemingly paltry starting share price of 2.52p

2020 looks like it should be another good growth year, loads going on, and particularly the Salinbas project that appears to show continuity between the licences and if proven then will be massive. The cost of drilling this will be expensive so te company are doing the right thing to mitigate risk by getting into a JV to elp with finance of this mega project, though it may take several years to define.

[outlawinvestor] 31/12/2019 09:44

Nice - thanks!

ps: typo in header - url is missing a starting "h"

[excellance] 31/12/2019 09:35

welcome to the 2020 board for AAU

[excellance] 31/12/2019 09:33

BRR Media interview 26/4/2024

[paul280i] 31/12/2019 09:18

MDV rearranging his holding again