Ariana Resources Share Discussion Threads

[drh3] 15/1/2020 23:49

Recognizing many names on this BB from EUA. Is this the new coffee shop?

[plasybryn] 15/1/2020 18:57

Charles: Just for clarity for those who have no idea what the chart is saying and I'm a greenhorn myself, let me just check where we are. Hope you can confirm.
At the end of the year we had a golden cross on the Weighted Moving Averages (WMA) chart and now the flag that you posted sometime ago is showing a break to the upside. If this can hold, then I assume you are certainly expecting the 3p plus scenario by Easter. But as Biggles says, that will demand ongoing good news. Q4 results that please and Due Diligence signed off without any issues raised etc.

[charles clore] 15/1/2020 17:57

Ek - well done, I think the action has barely started here so far! That's 2 parties we have to go to.

Plas - my pleasure

[plasybryn] 15/1/2020 17:32

Thanks for the updated chart Charles. It looks great and is playing out as hoped for.
I hope you will continue to provide them from time to time with comment.

[ekuuleus] 15/1/2020 17:20

CC, I did buy a few AAU. Not near the number of EUA. Timing here also fantastic. Bought at 2.59 when it last peaked.

Awesome timing skills....

[charles clore] 15/1/2020 17:13

Charts are optional. Take them or leave them but I find them quite useful.

[bigglesbingham] 15/1/2020 16:53

How can charts be relevant with so much potential news flow to influence the shareprice?? Never really understood charts associated with very small cap companies which are so easily influenced by good or bad news. I'm not dissing it just don't get it.

[charles clore] 15/1/2020 16:10

A very nice looking chart. Nibbling away at the 2p range but I suspect it will move a lot faster in the 3's and 4's

[thanksamillion] 15/1/2020 09:49

Preliminary production report was 14/01(thur) last year, so perhaps tommorrow this year.

[shortarm] 15/1/2020 09:09

Little uptick on two sales and a tiny purchase - interesting!Maybe it's finally starting to sink in what a great future this little company has!

[kaos3] 15/1/2020 06:55

biggles / completely agree on researching board members! I was ridiculed so many times by posting my "results". latest being altn.

as to AAU model - it is Anrew Bells model from RRR put into practice. They search, find (low capital intensity, high margin), prepare the papers and find local sherrif who takes care of the rest. no EGO in it. They get free cash flow stream - like PMs streaming Cos with an added twist - being paid for the find!!!

Can it be much better?

Only fear is that it is hard to replicate. but failures are part of the life - and having the cash stream it will be easier to sustain loosing streak when it comes.

[bigglesbingham] 15/1/2020 02:05

The other point one must put into perspective is the financial commitment compared to free cash flow if deal doesn't go ahead or cash available if it does go ahead . Either way it's not too much of a punt. One thing I have researched is the board members of many companies and recently I've come across several who I wouldn't trust many are brash Aussies some are smooth public school but you can usually get a feel. Having spent some time over at kiziltepe with kerim, MDV , sangster I found them to be genuine and not after a quick buck. Subsequent to that visit I've raised many questions and they haven't hidden from them. They don't give info the market hasn't had but points are clarified and they seem to take on board my concerns when they are raised. I believe others on the board have similar experience . So in a nutshell I don't think they would be going hung ho into ventures which weren't fully researched before hand. Cheers Steve

[desertjoe] 15/1/2020 00:57

Thanks for responding, Biggles and I have no doubt our geologists will cope admirably. I'm just mindful that there have been some rather dishonorable entities heading up AIM-listed companies and I have avoided financial loss several times by heeding the views and timely warnings of other contributors. I most certainly value your input and comment. Cheers DJ

[bigglesbingham] 14/1/2020 23:20

Their concern was Harry Adams but I haven't seen any links to him. Lithium was "off piste" but returned 35x initial investment. New ventures will always concern a few , no one likes change. I remember sitting next to sir Christopher Hogg at a graduate entry meal when I joined courtaulds in 1986 his Famous saying was stick to the knitting however he was referring to a huge business with too many divisions, we are talking about maintaining our focus on exploration the fact that it's a different metal ??? Does that really concern??? Not to me.

[bigglesbingham] 14/1/2020 22:58

I'm not registered on that site but will try and look up. Cheers

[desertjoe] 14/1/2020 22:26

Biggles - On 12 Jan you asked (18925) "Why does Cyprus worry you?". If that was addressed to my comment at that time, I would respectfully suggest you peek on LSE site at the contribution by "Willowman" on 1 Jan and the comments which then ensued. Regards,DJ

[bigglesbingham] 14/1/2020 15:23

This was a restructure

[bigglesbingham] 14/1/2020 15:21

What £22m

[thanksamillion] 14/1/2020 13:50

So who were the insiders who sold 22m?

[charles clore] 14/1/2020 13:32

A nice little piece about Michael's recent purchase may have caught the eye of some buyers

[charles clore] 14/1/2020 13:11

Yep, it certainly helps to have wealthy friends!

[mcmather] 14/1/2020 10:49

The loan to build the Kiziltepe mine will be paid off April 2020. There is a separate / historic working capital loan / arrangement. There was going to be a new loan to build the Tavsan mine, and probably still will be, but that will now be between the 3 members of the new / enlarged JV.

[jbravo2] 14/1/2020 07:49

Loan repaid by April?
Hasn't Kerim said they'll simply have another loan (for a smaller amount) in its place? Will they really be debt free?

[swallowsflysouth] 13/1/2020 16:01

Significant Turkish role in organising possible Libya ceasefire occurring. This is important as Turkey is starting to carve a role for themselves as peacemaker. All good for turkish businesses.

[claretandbluedave] 13/1/2020 15:54

Why would you sell when there's so much news on the horizon, and loan repaid by April?