Ariana Resources Share Discussion Threads

[pranchalee] 16/3/2020 10:10

Stay away for at least a month unless you have loads of money to drip feed into aau

[charles clore] 16/3/2020 10:04

Gs - I dont think its investors panicking. Seems more like marketmakers over reacting imho

[charles clore] 16/3/2020 10:00

Luckily most of our production is in gold. The cost and profit ratios for this company seem excellent and yet it loses one sixth of its market cap on on the trading of just 0.03% of its stock. I am getting some of my worthless pounds ready to exchange for some extremely undervalued stocks.

[soulsauce] 16/3/2020 09:39

Wow look at silver - WTF!!

[goldenshare888] 16/3/2020 09:15

Yes, these down moves in gold stocks are counter intuitive and more about investor panic, liquidity and leverage in my view.

The bounce back is going to be enormous when it comes...

:-/

[gaddy88] 16/3/2020 09:13

Other than the price not a lots changed here.

[goldenshare888] 16/3/2020 09:11

Sooner than I expected, will 2p hold?

[bigglesbingham] 16/3/2020 09:01

All rationality through the window. I couldn't have a better example when I tried to buy a tv at Cosco 2000 there apparently at opening time

[goldenshare888] 16/3/2020 08:45

Back to 2p before the big up moves start?

[uknighted] 14/3/2020 22:02

I think part of the rise for SVE is related to their investment in GGP.

[bigglesbingham] 14/3/2020 20:43

Think the sale of gold is down to traders needing to free up capital to prevent crystallising losses elsewhere, 50% silver price linked to gold rest linked to industrial use and both have come under pressure hence gold fell 5% and silver a lot more. Relaxed about gold and Ariana in current climate .

[plasybryn] 14/3/2020 20:00

I was also a bit surprised to see gold, silver and the HUI continue to weaken. But those in the know don't seem at all phased by it and think it is to be expected before the next powerful leg up. I read that all current actions (low interest rates, negative interest rates, more QE, weak even panic sentiment, etc.,) all good for gold & silver as the ultimate stores of value long term. Hope so.

[plasybryn] 14/3/2020 19:50

Very good reply Biggles. I think that is most probably spot on. I can see now that there is too much risk for them this side of the deal, mindful it isn't 100% certain to proceed, but get it done with a nice hefty payout thrown in and they will be falling over themselves with their clients to acquire stock. Then we will have a classic demand supply push. Your inside knowledge of the industry is very helpful & insightful . Thanks

[bigglesbingham] 14/3/2020 19:04

Think they are preparing for the deal, many brokers try and get in as soon after the deal is struck rather than before. That's the different between pi's and brokers. Brokers deal in certainties pi's don't.

[plasybryn] 14/3/2020 13:03

Thanks biggles. I wonder what all these Brokers will do with information. Recommend their clients buy shares, issue Broker Notes, encourage Institutional Institutional to take a position? Wonder if we will see any direct consequences of this activity. Doesn't seem like it's had much impact so far. Any thoughts?

[bigglesbingham] 14/3/2020 10:56

One thing MDV did say was he's getting a lot of positive enquiries from brokers wanting to know more about the Ariana story. Once this story gets well and truely out I see this doubling from here just based on fundamentals.

[kaos3] 14/3/2020 05:29

ev. new projects in Australia, Cyprus news

I am hoping with that cash coming thay they will make small add on acqisitions. Market is cheap and they know what they are doing.

[plasybryn] 13/3/2020 23:08

The list of value accretive news is really building up. (March/April)1. Kiziltepe resource update2. Kiziltepe life of mine extension3. Confirmation that Capex loan is repaid.4. Conclusion of Due Diligence and release of full contract for shareholder approval5. Q1 Preliminaries 6. Tavsan pre-production progress7. Commencement of 2020 drilling program at Salinbas.Any more?

[plasybryn] 13/3/2020 22:59

"Once the Resource estimation for Kiziltepe has been completed ".This is making me think. Before they extended the D. D., presumably they expected the "deal" to be concluded before this was released. But this, as far as I can recall, is the first revised resource estimation for quite sometime and could increase the resource significantly and in turn the life of mine years by quite a few. The Deal in November surely couldn't have taken account of this.

[soulsauce] 13/3/2020 18:41

Indeed Charles.

[charles clore] 13/3/2020 18:20

Soul - despite the blatant manipulation of PMs they will still be in demand and because of AAUs low production costs the shares will be in demand even more imho.

[soulsauce] 13/3/2020 16:39

Wow PMs really going through the wringer. Volatile or what.

[thanksamillion] 13/3/2020 16:33

8rad

Read the last Annual report, it shows several million in currency conversion costs resulting in a pe of nearer 10 which is also shown in the report. Perhaps AAU doesnt have these costs this year but I suspect otherwise.