Ariana Resources Share Discussion Threads

[temujiin] 08/7/2020 21:07

then why are you here?
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SS, I'm here because I have £100k+ invested and AAU imo has a good future either with or without the deal and I'll make my views known about if I think the deal is good or not for AAU shareholders as often as I want. If that's not acceptable for you then filter me or counter argue me. Don't disrespect my posts with yawns because you prefer only to hear happy clappy positives. You are pretty much the least tolerant on this BB for different views!

There are loads here that think it is a good deal, which is fine. I think it isn't the best way forward and doesn't give AAU shareholders best value, especially as POG has risen $300/oz since the MOU announcement.

[bigglesbingham] 08/7/2020 20:58

Bottom line is only people who have all the facts are the ones who are so keen to do the JV and all we can do is to speculated on incomplete information. My choice is to trust those who know all the facts and who have developed the company to here.

[soulsauce] 08/7/2020 20:55

Tem you either trust Kerim at what he says that this is in shareholders interests or you don't and if you don't then why are you here?

Once again you have made your case without knowing what Kerim has in mind for the money and what that may be worth in the short to medium term.
May be Kerim does have something better than what he is selling but diversifying away from 100% Turkey is also a big selling point.

[temujiin] 08/7/2020 20:51

bigglesbingham
If salinbas is half what he expects then this shareprice becomes blue sky. Without deal we get reasonable profits but these will be ploughed into salinas for years so nothing for shareholders over the shorter term.
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Salinbas is as most agree, too big for AAU to develop, though I would argue it's a bit early to be selling 76.5% off for $5m plus approx $15m of investment, and with the profits of Kizil and then Tasvan they would have the cash to dig a little deeper.

However I disagree than the money ploughed into Salinbas would give 'nothing' of value to SH's. Hot Maden shows big discoveries and high grades has high value.

[temujiin] 08/7/2020 20:44

soulsauce8 Jul '20 - 19:24 - 23121 of 23124
0 2 0
Yawn!!
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Oh, sorry, forgot you only like your repeated views on here. YAWN.
Tell me how good it is again, that's such a rare thing to hear, YAWN!!

[charles clore] 08/7/2020 20:35

Some still seem convinced that AAU is a lifestyle company for the benefit of geologists but this deal with a major corporation says it isnt. My instinct has led me to buy more. We will soon find out

[bigglesbingham] 08/7/2020 20:23

If salinbas is half what he expects then this shareprice becomes blue sky. Without deal we get reasonable profits but these will be ploughed into salinas for years so nothing for shareholders over the shorter term. That's it really

[paul280i] 08/7/2020 20:22

I wish people would listen to the interviews and understand the meaning of increased production!

[soulsauce] 08/7/2020 19:24

Yawn!! 🥱😴

[temujiin] 08/7/2020 19:17

Kizil oz's wont increase much more than 30k without higher grades or plant alterations. Tasvan could and should be in production within two years and again funded by debt. 30k oz/year is predicted so probably 35-40k is possible with AAU's under promise ethos.

Add say 22k Kizil plus 33k Tasvan = 55k x (1800POG -650AISC) 1150 = $63m gross a year

$31.5m gross to AAU a year, for (if memory is right) approx 8 years.

Puts the deal into perspective, the deal that pays shareholders $25m to reduce our 50% to 23.5%.

Unless KS can find something better than what he's selling, then the deal isn't in SH's interests.

[lottsgold] 08/7/2020 18:51

I think he is referring to kiziltepe increased production. He inferred a quick increase I don't think that means Salibas.

[plasybryn] 08/7/2020 18:10

KSN & RYR both up c. 16%. I believe Ariana holds shares in both these Co's. Nice

[temujiin] 08/7/2020 17:22

If the deal means we increase production quickly which was inferred in the last interview
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True, KS did suggest that but in reality Salinbas will be many years away from production as it has pretty much all the hoops to jump thru.

Tasvan's 30k can be brought into production quickly, but we don't need the new JV partner for that.

[temujiin] 08/7/2020 17:19

12.5k per year? Really or is it 9k a year now?
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12.5k net to AAU, I'd expect AAU + Proccea to do approx 25k this year

Edit, correction, looking at guidance perhaps 10k net to AAU this year, 20k to JV is more likely than 25k.

[lottsgold] 08/7/2020 17:04

I guess it all depends on how long the gold bull run lasts?? If the deal means we increase production quickly which was inferred in the last interview, we should be aiming to have the same amount of ounces headed our way and the money in the bank. I think that's the plan which wouldn't be possible without the JV partner. Win/Win if it happens that way.

[bigglesbingham] 08/7/2020 17:01

130m 13% company excellent . Over 3months??

[soulsauce] 08/7/2020 16:37

12.5k per year? Really or is it 9k a year now?

Tavsan should increase this from 2022.

[temujiin] 08/7/2020 16:33

POG has gone up over $300 / oz since the deal was announced. AAU are producing approx 12.5k per year.

On a one year time scale that's 12500 x 300 = $3.75m extra income a year AAU would receive.

Gross profits POG 1800 - AISC 600 x 12500 = $15m every year. The JV deal reduces this to $6.9m.

Tasvan should more than double AAU's $15m/year profits to $30m a year.

I have perhaps a longer investment time-frame than others, but the higher the POG goes, then for me, the more the deal sucks.

[actonovator] 08/7/2020 16:22

I quickly flicked through the volumes the other day and estimated we had been through about 130m in the 3.80 - 4.20 range - so surely cant be much more? The AAU chart looks fab - in the current gold environment the next move has to be sharply upwards once the churn is exhausted.

[dixi] 08/7/2020 16:12

The churn around 4p has to develop into more on the buy-side soon and move AAU up. It could then gather momentum quite quickly too. Clearly this is just my considered opinion.

[soulsauce] 08/7/2020 16:00

Thirded, if there is such a word lol.

Get the JV done 😁

[jaf1948] 08/7/2020 15:56

Crossfire,

Seconded, from a septuagenarian.

[crossfirecssf] 08/7/2020 15:46

Well yes actonovator, possibly,.... but I'm getting no younger and with Tavsan already taking the better part of a decade to get off the ground, I'd be pushing up daises by the time AAU began commercial production at Salinbas. There are only so many years in a lifetime...

[actonovator] 08/7/2020 15:43

though you do wonder cssf that if gold went stratospheric over the next 2 months and say hit $2200 or $2300, would KS lie in bed at night at the end of Aug and have a second thought or 2..