Ariana Resources Share Discussion Threads

[dixi] 11/5/2020 16:36

C'mon Ariana - on a day I'm up nearly 10% on POG, and that's a massive company compared. Ariana should be way ahead today I feel. Makes no sense... again :-(

[shortarm] 11/5/2020 16:26

Is today Bed and ISA day or something! There's at least 4 of them!

[thanksamillion] 11/5/2020 14:55

Assume it is this

hxxps://www.investopedia.com/terms/d/directmarketaccess.asp

[ekuuleus] 11/5/2020 14:28

why not use dma for bed and isa?

[charles clore] 11/5/2020 14:27

Considering good ol Nige's contradictory comments I am surprised more haven't sold as it would appear a good trade and buyback opportunity. If they did it would allow me (us?) to buy more at these completely ridiculous prices. Maybe that was his intention, I don't know...

[soulsauce] 11/5/2020 14:25

Agree dixi, and just think how much better off his clients would be if they had not top sliced all the way up.

[dixi] 11/5/2020 14:14

Tend to think that Shareprophets exposure has generally been a negative on the share price for AAU. It's the questionable motivation of the tipster that is really not helping here. As I mentioned earlier, very frustrating.

[thanksamillion] 11/5/2020 14:09

One message that came out of the week-ends chin wag was that completion of the JV would result in a one-off divi, but regular divis had to wait a couple of years of good results. This encourages the thinking of "no need to buy in yet as the cash will still be there in 2022".

I could go on but I believe you all know the story by now , so I wont.

[nov31] 11/5/2020 13:52

You couldn't make it up could you! Great news and the share price is down. Beggars belief!

[plasybryn] 11/5/2020 13:45

Well done Nigel we are now down on the day! Will he now tell them to top up?

[plasybryn] 11/5/2020 13:39

The latest numbers from Turkey are 3786 deaths, 92691 discharges and 138657 confirmed cases (as at 10th)

[thanksamillion] 11/5/2020 13:28

kaos3

Your English improves with each post.

[bigglesbingham] 11/5/2020 13:24

The restrictions were very minor for miners in Turkey they got special dispensation re lockdown

[pranchalee] 11/5/2020 13:18

Do think turkey is more of a problem for people than aau

[paul280i] 11/5/2020 13:12

Plas, I'm trying to avoid as much CGT as possible. I'm already selling now for 3 times what I paid for the shares so I would like to get them into an ISA before the JV announcement. I have an allergy to paying tax!

[plasybryn] 11/5/2020 13:06

Paul: Re: H.L. would it be better to wait for them to reintroduce the Bed & ISA service?
I'm amazed that they can stop offering such a basic service which potentially puts you at risk (out of the market) and could cost you thousands. Are you making your views known? Have they said when the service will be resumed?

[kaos3] 11/5/2020 12:35

In many oilers I was searching for a management fee - and did not find it. It was easy - a small explorer and a big JV partner. an easy income statement to read regarding revenue of the small explorer - comparing y/y - no extra income (fee). nor was mentioned.....

probably directors got paid double.hence my Q

and yes - there are holdings income statement and consolidated one. it pays to know the difference as it tells a story

the next Q (I know I am a boring old fart) - which accounting method we will get from AAU as a minority !!! owners of the future JV ? just income stream (divi+management fee) or there will be a yearly non-artistic reevaluations (it is cold fair value lol lol ) of the JV stake (most probably) and cash income reported as one (or as a seperated one wich will provide much much better info???)

conclusion - we must be able to read the future JV annual report directly and without any limits - in order to understand what is going on - or we will be trusting modern accounting methods

[charles clore] 11/5/2020 12:28

kaos - most of the companies I have been involved with expect a management fee to be applied for work carried out on their behalf. I would expect the new major partner, Proccea and Ariana to charge the jv for this also.

[kaos3] 11/5/2020 12:25

"The current mine will, and hopefully later Tavsan, be be making good profits which will pay dividends to the 3 shareholders, Ariana, through it's subsidiaries, Proccea and the new JV partner."

that was THE crucial info - each mine will be separate divi paying project to AAU as soon as it turns cash flow positive and will not be "lost" in the common bag eg - future JV - till the whole future JV becomes cash flow positive. Hope I get it right? And that the lending banks will agree???

[kaos3] 11/5/2020 12:16

leaves only management fee unanswered. why would they give their expertise time and effort to a majority owned by others for free? I expect them not to. I expect management fee to be paid to AAU.

As a coowner of some Cos I was expected to work for free. And I did.Stupid unexperienced me. Not any more. If I work - I am expecting to be paid for my work + capital increase in the Co. No more benevolent charity.

[kaos3] 11/5/2020 12:13

I knew something must be wrong

5 mil USD / 1060 mil x 0.82 exch rate = 0.385 p = 10 % yied

makes sense now

[charles clore] 11/5/2020 12:10

Paul - I totally understand your predicament and suspect this may have also been the case with other AAU holders which would explain some of the selling seen lately.

[paul280i] 11/5/2020 12:07

Shares in issue:
1.06 billion

[kaos3] 11/5/2020 12:05

so I did understand it correctly. thank you.
divi
5mil USD / 37 mil shares x 082 exch rate = cca 10 p
current share price is 3.5 p