Ariana Resources Share Discussion Threads

[bigglesbingham] 11/8/2020 11:14

Not so sure don't this gold price is the main driver here.

[charles clore] 11/8/2020 11:10

Ironstorm - yes there is plenty of news in the pipeline to keep the momentum going. Later this month the big one should drop and I think that will send the price over 7p because it will add £30m+ to the coffers with no dilution (current market cap only £52m) and trigger the path to a special divi. Lots to look forward to here imho.

Biggles - they dropped the price again (momentarily) 10 mins ago and I had my second topup of the day

[dixi] 11/8/2020 11:07

Drop in POG is bound to make investors twitchy - I am sure that is the main driver at the moment.

[bigglesbingham] 11/8/2020 11:07

Feel free to ask any questions and this board will endeavour to ask them.

[dixi] 11/8/2020 11:06

cool hand kev - lol - that's probably all that's left with Biggles's holding, and now he's had them too!!!

[ironstorm] 11/8/2020 10:59

CC this has moved quite quickly in % terms - so perhaps it is taking a breather.

I note however that the share price seems to react much better to news (from my perspective) lately. I suspect it will continue that way and we will see similar jumps in % terms on each drop of positive news.

Keep it rolling.

[bigglesbingham] 11/8/2020 10:58

I'm wondering if KS has done the same as MDV sold shares to release cash to exercise options. But believe KS said most his holding is in pension so couldn't swear by it. It would be unusual for one director it exercise without the other doing same imho. The large sell which isn't showing as yet may have triggered reduction in price which scarred smallInvestors into selling.

[cool hand kev] 11/8/2020 10:57

What £12.94p worth?

[bmnsa] 11/8/2020 10:57

Thank you,will look into investing here.

[buoycat] 11/8/2020 10:57

When your taxi driver starts telling you to buy gold...well you know the rest

[bigglesbingham] 11/8/2020 10:51

I've just bought 250 at 5.175 so agree with you

[charles clore] 11/8/2020 10:50

Biggles yes a great interview and certainly nothing wrong with the company. The only justification I can think of for the drop is it may have risen too fast for the market to swallow. But I still think it's way too cheap so I will keep buying until it isnt

[zedder] 11/8/2020 10:46

My buy went through on NEX (@5.166p -shame it wasn't 5.1666p!). Barclays seem to use that exchange a lot.

[crossfirecssf] 11/8/2020 10:43

Tree Shake all you like. 193000 for me.

[bigglesbingham] 11/8/2020 10:34

It's a bit more of a story than that I suggest you look at interview with Tom Winnrith on Shareprophets it's £2.99 but you will not regret listening to it. It is 90 mins but explains everything which is going on. Currently 50% of 20k ounces at cost $5-600 per ounce. But several mines in pipeline along with $30m cash to be paid to company.

[1candc] 11/8/2020 10:32

Sellers have a herd mentality, it wouldn't surprise me to learn that many of those selling now buy back again on news and at a higher price

[bmnsa] 11/8/2020 10:30

What is production per year anyone.

[bigglesbingham] 11/8/2020 10:27

This is a tree shake in it most obvious guise.

[soulsauce] 11/8/2020 10:07

May be 5p is becoming the new 4p so sideways for a time until the JV is finally signed off.

[charles clore] 11/8/2020 10:02

Simply had to have a few more at these ridiculously cheap prices this morning

[shortarm] 11/8/2020 08:40

Could buy at 5,13 for a moment there! Missed it!!!! Gahhh

[1candc] 11/8/2020 08:36

The PI tide comes in, aimlessly swirls around for a while, then goes out until such time as positive news arrives, then repeat the cycle ad nauseam

[thanksamillion] 11/8/2020 08:33

The two 74k buys are mine, it may fall further but the fall is a correction ie temporary. Siting back and awaiting the impending news, it will not be bad news.

[lhoskins] 11/8/2020 08:32

Might be that way until the next RNS.