Ariana Resources Share Discussion Threads

[thanksamillion] 26/5/2020 19:05

dixi

By not great I was referring to the comparison with the previous quarter. This reduced grade of ore was expected but non the less "not great" news.

Measure Unit ...................Q1 2020 Q4 2019 Total Production
...................................................... Life of
.......................................................Mine to
...................................................... Date (#)
Plant feed grade g/t Au ,,,,,,,,3.22,,,, 4.42 ,,,,,,4.15
------------- --------- --------- -----------------
Gold produced Troy Ounces,,,,,,, 5,129.. 7,318 ....70,377
------------- --------- --------- -----------------

[dixi] 26/5/2020 18:14

Thanksamillion, is that a typo or did you really feel that the news was not great?

[1candc] 26/5/2020 18:12

So the bid remains unchanged from this morning despite the heavy selling, again this looks good for further share price increases as clearly we have a larger following now more than willing to absorb the selling. The word is spreading.

[bigglesbingham] 26/5/2020 17:20

Bid offer still 4-4.2 so mid is 4.1 NOT 4.25. So tomorrow will open at -.15 . 4.25 was last trade and not mid price, sometimes mms forget to put it to mid.

[thanksamillion] 26/5/2020 17:15

Nice close, and on a not great RNS, looks like I might have to go back on my earlier expectation of 3.5-4p consolidation. AAU maybe has a growing collection of fans at last.

[plasybryn] 26/5/2020 16:57

Nice picture & comment on Twitter from the Co. Retweeted from Chesterfield Resources Plc
The release of the lockdown in Cyprus last week has enabled us (Chesterfield) to mobilise earthmoving equipment, seen here, to prepare sites for drilling...
Yellow Jersey also tweeting Kerim's interview on Interactive Investor we saw yesterday.

[1candc] 26/5/2020 16:40

Good close despite the heavy earlier selling, just goes to show the depth of support, augurs well for future price rises

[bigglesbingham] 26/5/2020 16:06

I don't agree, you need to run the company and sell the company on fundamentals. Advantage of doing this is that there isn't a peak then a huge pull back if it doesn't go ahead. He mentioned it briefly over the weekend but I think they are right to concentrate on known factors . If deal comes off people will plough in.

[risa5] 26/5/2020 15:47

Ariana Resources says average monthly production at Kiziltepe 'currently running above target'

[plasybryn] 26/5/2020 15:46

Again no mention of the deal or Due Diligence. Weird. If Andrew doesn't ask, Kerim should initiate the subject. It's the most important thing that is going to happen to us over the next month or so and therefore strange to ignore it imo.

[shortarm] 26/5/2020 15:33

Risky though, especially with the size of the spread :-)

[pranchalee] 26/5/2020 14:14

Quite right charles no harm in a few Bob on the side

[charles clore] 26/5/2020 14:11

There is nothing wrong, imho, with leaving the core holding where it is to mature and trading small change on the dips. I have already made a few hundred in a couple of weeks that way.

[pranchalee] 26/5/2020 14:06

Rennick 3.8p to buy don’t see it happening mate

[soulsauce] 26/5/2020 13:30

A lot changed since then Cinoib, now on the cusp of being a very different company.

[rumpus1] 26/5/2020 13:12

For my penny's worth, I think we will continue a slow and gradual climb until the gold price takes off. We are an AIM listed small cap without huge exposure in spite of all the good news. Gold is still just below the peak before the crash and in spite of economies tanking / German courts trying to block bailouts / China-US-HK frictions, the gold price is muddling along. Yesterday in Asian markets it was down from last week's peak in spite of HK. Add in today that Europe is starting to come out of lockdown (and there will be some holiday resorts open apparently)and so herd sentiment on the FTSE has gone a bit mental. It seems that the crowd is convinced that all will be well (and we will have a V-shaped recovery rather than the absolute $hit-show that is going on). I think once gold starts to go then so will we, otherwise I think it is going to be a bit of a slow plod up the hill.

[pranchalee] 26/5/2020 12:49

Is speaking to Andrew Scott proactive

[kirbs4] 26/5/2020 12:23

Im resisting the temptation, have an average purchase price of under 2p myself and trying to keep it that way. Happily topped up at just over 2p after the covid dip!

[kaos3] 26/5/2020 12:22

a big holder needs liquidity to exit - no better opportunity for him than sell into a rise when there is liquidity of eager buyers and a good price

it is a standard operation - nothing personal. someone big wants out for whatever reason

[1candc] 26/5/2020 11:42

It will be revealing to see how the share price fares by the end of the day, I think a big seller has been dropping 100k's, 200k's throughout the morning, no harm in that but there is strength in depth here so much more than before with what looks like a strong up momentum. Will it see off the selling wave and absorb those shares dropping into the market?

[8rad] 26/5/2020 11:30

This aint going to go down anywhere far....too many divi thieves here.

[dixi] 26/5/2020 11:23

Buyers returning for a blue finish maybe :-)

[shortarm] 26/5/2020 11:14

Can't get a quote for any size already!!