Ariana Resources Share Discussion Threads

[pranchalee] 25/5/2020 20:11

Cheers risa

[renniks2016] 25/5/2020 19:52

Hi BB - yes, not sure what I was thinking there!! Too long in the hammock this afternoon, sun and San Miguel playing havoc with common sense. Roll on 8 am ?

[risa5] 25/5/2020 19:47

Ramadan is in a lunar calendar so the dates vary each year compare to a Gregorian calendar.

[pranchalee] 25/5/2020 19:10

Biggles why did ramadan not effect last years date for results

[shortarm] 25/5/2020 18:51

Morreti helps with everything :-)

[bigglesbingham] 25/5/2020 18:46

Ffs tea leaves (my spell checker ha ha ) and moretti in garden doesn't help with spelling

[bigglesbingham] 25/5/2020 18:45

Sorry $1850 I was reading tealwaves and seeing what they get in 21st November rns ?

[bigglesbingham] 25/5/2020 18:43

Renni the quarterlies in terms of amounts come out around 15th month after quarter ended. So15th April Rns: -- Gold production for the quarter was 5,129 ounces (Q4 2019: 7,318 ounces#), exceeding average annualised quarterly guidance by 14%. -- Total ore processed for the quarter was 53,840 tonnes (Q4 2019: 54,735 tonnes) at an average head grade to the plant of 3.22 g/t gold. -- Quarterly open-pit ore mined was 92,482 tonnes, breaking a new record, at an average mined grade of 2.54 g/t gold, and total material movement for the quarter was 1,030,697 tonnes. -- Average metallurgical recovery of gold for the quarter remains high at 92.5%. The importance with these results is financials associated ie cost versus what they got for the gold. I reckon $500 cost $2850 received which would be great.

[soulsauce] 25/5/2020 17:07

The guidance for this year is 18,000oz as per 19th march Rns.

[risa5] 25/5/2020 17:01

How could it be 'old news' if KS said it only a few days ago ?

I know there has been increase in resources but that doesn't mean he is wrong.

[soulsauce] 25/5/2020 16:46

That's old news risa, and as per the feasibility study, see the guidance Rns.

The volume Friday seemed to suggest this has legs yet.

[risa5] 25/5/2020 16:33

KS. 'This year we are expecting about 18000 OZs as we move into satellite pit areas'...

So a drop in production for this year.

Another good reason JV could be good for AAU and its sp, now its becoming clearer why KS wants the deal to go ahead.

[renniks2016] 25/5/2020 16:05

I think you are right with regards to a slight pull back, and for purely selfish reasons, I'm hoping the quarterlies are not great, which is possible if we are processing ore from the lower grade satellite pits? Thinking people have 27k oz stuck in mind and not average over mine life, could be as low as 4.5k oz which is inline with expected. Anything above this is a bonus, but will market see that if it is? Not deramping, just not trying to get too excited especially when wanting to pick up 1m this week as cheep as possible, but accept I may well have to pay top dollar for these, but that will be small change this time next year, so no point faffing around. ?

[bigglesbingham] 25/5/2020 15:53

I'm not a fan of charts particularly when there's so much potential news and in these unpresidented times. I'm follow "past performance is no indication of future performance and funds can go down as well as up!".

[plasybryn] 25/5/2020 15:29

That interview seems to suggest the deal will still need all of June if not a bit more. But the main thing is that it remains nailed on, or at least that is my view. I'm no chartist so leave that to others to comment, but the chart looks close to overbought (RSI 70), so a temporary pull back wouldn't do any harm. Overall trend is strongly in the ascendency imo.

[bigglesbingham] 25/5/2020 15:03

Excited about the AAU shareprice this week loads out there about gold and quite a bit about AAU. Then with quarterlies to boot!!

[pranchalee] 25/5/2020 13:48

Two hot miners,says it all

[soulsauce] 25/5/2020 13:31

Just Google Ariana resources Twitter.

[pranchalee] 25/5/2020 13:30

Anyone a link please

[soulsauce] 25/5/2020 13:26

Thanks Plasybryn good to see our CEO involved in something like that alongside the CEO of a $300m company.
Good to hear him mention Cyprus at the end.

[plasybryn] 25/5/2020 13:05

Interactive Investor have an interview with Kerim, John Meyer (SP Angel) and Pure Gold discussing gold & their Co's. On twitter today.

[1candc] 25/5/2020 11:03

Note to myself - when big moves come sit tight and hold as the share price gyrates/oscillates/lurches and ploughs its way through the single digits into the double figures keeping my eye on my price horizon. It will be very difficult to do but I want to still be invested for the big money when it comes when price swings will be measured in whole pennies and not fractions thereof. I believe Ariana has very long legs, in years to come I will not be surprised to see the share price reaching levels of >30p to 50p. If current holders still have some or all of their large holdings when those price levels arise then they will be seriously wealthy. How many can hold on for that? I hope I can! Message to self ends.

[soulsauce] 25/5/2020 10:44

Lol I am sure many of us will already have the usual suspects on filter. Like bad pennies they do keep turning up 🙄