Ariana Resources Dividends - AAU

Ariana Resources Dividends - AAU

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Stock Name Stock Symbol Market Stock Type
Ariana Resources Plc AAU London Ordinary Share
  Price Change Price Change % Stock Price Last Trade
0.00 0.0% 3.05 01:00:00
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Ariana Resources AAU Dividends History

Announcement Date Type Currency Dividend Amount Period Start Period End Ex Date Record Date Payment Date Total Dividend Amount

Top Dividend Posts

Top Posts
Posted at 04/10/2022 07:20 by kaos3
self financed by AAU divi? wow! firming the voting grip.... I am back to zzzzzzzzzzzzz
Posted at 03/10/2022 17:19 by wellsaf
I've got shares and been following AAU for two or three years. I attended the shareholder meeting at America Square this summer and was the only member of the public to show up, finding myself with a thirty minute 121 chat with Karim and his people. What AAU needs is the funding to get Tavsan fully operational. (They've cleared the pine trees, they've acquired the extra land they needed (including in cases where landowners were not in a hurry to sell), they've got a footing there with some site huts and machinery), they've got the necessary licences). If they can get Tavsan going then they will indeed have matured from a one off gold miner to the next level - we'll all then have substantial faith that Salinbas will follow. The share price must benefit substantially. But how to get that funding? So far I don't think that funding is in place. Karim told me they want to borrow 50 million dollars, but they were not talking to any dollar lenders (presumably this capital market is not disposed to lend to aau right now) but Turkish lira from a government back Turkish bank. These talks had not led to a conclusion in the summer and it seems no conclusion has been reached today. This is a major worry. There has been buying of aau shares on Friday and today, pushing pu prices, which is great, but no announcements. Turkey has a serious inflation problem. It also has a lending problem. Lenders are limited by Erdogan government in how much interest they are allowed to charge. Karim told me the bracketed interest rate in these loan talks with the Turkish state-linked bank was around 12.5%. However inflation is running in Turkey at 80%. So why would anyone lend? Generally liquidity in capital markets for lending is drying up, just as in mortgages in the retail sector. I suspect aau will go as far as it can with Tavsan without the loan, but cannot really get the enterprise going until the loan comes it - and who knows when that will be. I do feel that if they were going to get the loan they would have got it by now.
Posted at 30/9/2022 08:58 by kaos3
my stupid math on a fiction Co: 1 mio "earned" in profit with 30 mio of assets is no good business per se. so one of those 2 numbers potentialy do not make sense. I think 1 mio is reality - 30 mio must be wrong - if it does not perform to the business standards - it is not worth so much. I want the Co to prove that 30 m is fair valuation - either by providing reasonable cash flow profits earned regullary by the assets - or by trade sale of (some) those assets so we get market approval of fair valuation and associated cash from the sale. Now it comes to the timing - how long does the Co need to prove that assets are for real worth 30 m. a year or two I would say after they said so. Each individual can pick his own start of the timing. -------------------------------------------------------------------------- If I would speak about AAU for example - it would be the moment of JV signature. RNS is good, AAU is great, one of the best values on AIM, paying nice divi. I only regret no hint of further divi in the RNS....
Posted at 28/9/2022 07:41 by kaos3
Does AAU have internal angst against making it big.... quite common human characteristic whnever there seems that AAU will make a BIG one - they sell , postpone, JV, get silent, redirect etc maybe some doctor needed... or a new leader in addition to both also interesting how some of the stuff is kept away from the AAU corporate functions. not good as there is no margin of safety regarding leadership. do they fear them? do they not see any need to spread and share the corporate function experience and hence knowledge?
Posted at 27/9/2022 11:04 by konil
pog continues to ignore fundamentals and seemingly will continue to do so while markets focus on the short term factor of interest rate rises rather than the bull issues baked into global economics for years to come, and now including rampant inflation. hoping the penny drops sooner rather than later. meantime also hoping that aau take a stronger lead on the cyprus assets sooner rather than later. the drop in the share price is extremely painful. please dont tell me its the same with other gold miners, i invested here because aau were and are different to most other miners - almost debt free and on the cusp of game changing gold production increases quickly followed by expansion into copper production. the debt free bit remains good but production on both fronts delayed and dire comms from company. ok, i'll live with the dire comms but aau need to take advantage of their cash position and press on with cyprus. p.s. dont want the excuse from aau that they are not the prime movers in the cyprus project - just make it happen! p.p.s. well done on the initial cash injection, now grab it by the throat and get it moving fast.
Posted at 19/8/2022 10:05 by jaynesdad
Just a few comments on some the excellent posts I have read here over the past 24 hours. Plasbryns comment on the Dividend payment was spot on. I found the passage he quoted on the AAU website a few of days ago, so was confused about it being xd on 18th. Everyone else may know this (I didn't, never too old to learn)but 19th was the Record date which a google search showed is normally the day after the xd date. The record date is the time when the company looks at it shareholder register to allocate the dividend, so it needs a period from the xd date to make sure all is to date. I don't think we should talk about a 10% dividend, especially as anyone buying now for the first time may use this board as part of their research and is effectively buying a share with zero dividend yield. I agree with bigglesbingham that we are unlikely to see a regular dividend instigated until Tavsan is in production - and even then I would be even more pessimistic because I don't expect payments to commence until the loan taken out by the JV for the plant at Tavsan is repaid. So I have early 2025 pencilled in, and even then I can't see a 10% yield as I would expect that the board will want to set dividends at a figure that can maintained, maybe even increased, into the foreseeable future. I also agree with his reply to Paul suggesting not selling to reinvest in a dividend paying company, at least if he considers AAU undervalued, unless he thinks there is a very attractive opportunity elsewhere. Just replace dividend with partial sales, great idea. Pleased with the Apliki results, though frustrated that the Venus IPO wont be this year. Have to say I suspected that as I think they will want to get the IPO away in a more buoyant copper market. I still hold on to a tenuous hope that AAU use some of their cash pile to make a further cash injection in return for a bigger shareholding and the IPO is put on hold indefinately. That would be advantageous for us AAUs shareholders and would get the plant up and running without further delay. Don't hold out much hope of that sadly. All the above is just imho
Posted at 14/8/2022 13:38 by thanksamillion
A final dividend of 0.175 pence per share is proposed for payment on 3 October 2022. This has been proposed as resolution 4 in the notice of AGM. (All resolutions passed). Annual divi cost £3.8m aprox From the Annual Report "The amount owed to the Group relate to an instalment based interest free loan agreed upon following the disposal by Galata of its three remaining satellite projects to Zenit at a rate of US$50,000 per calendar month. The directors have assessed that the future fair value return on settlement of this debt is not materially different from the carrying value shown above." So that gives AAU $0.6m p.a. for starters I read it that future cash(loan repayment/divi) comes from Zenit rather than Galata as in the past. "At the year end the Directors were pleased to report a healthy cash balance of £16.4m, and we will continue to strive to deliver value from this position, with a view to further dividends in future." Then Dividends from associate 705k Do your own calculation from the above to help decide what's possible and what's doubtful.
Posted at 12/8/2022 13:26 by konil
dividends. kizil production 25,000oz. gold say $1750 conservatively. aisc $650 profit $27.5m aau profit share $6.46m = £5.3m with 1.1bn shares that is 0.48p/shr. aau have a cash pile sitting around. ok dont use that to pay divis, not a good use of those funds. but why not institute a dividend based on income of 0.48p/shr. they could start with say 0.19p/shr, a 40% payout. with share price at 3.5p that is a 5.4% divi. not too shabby. and they would still be retaining 60% of income for g&a and any surplus to reserves. if they deliver tavsan in 12 months those numbers would double but if they were concerned about kizil tailing off in 2025/2026 they could conservatively still payout around the same amount, boosting reserves while kizil continued to produce in tandem with tavsan. it could start with a payment in march 2023 of 0.095p/shr and in sep 2023 0.095p/shr. this would pick up nicely where the tranched special divi tails off with final payment oct 2022. why are they stalling? why are they not even talking about it?
Posted at 26/7/2022 09:18 by kaos3
I hope AAU divis (from my small holding) will enable me to visit the Great Britain for the AAU AGM one day..... that would be the ultimate prize for myself
Posted at 12/7/2022 09:26 by konil
there is plenty of cash in bank, kizil production is set fair for many years, and according to management tavsan is 18 months away at most, at least doubling revenues then. and that is without venus production. there must be something troubling the aau management about future cash position sufficiently to stop them announcing a dividend policy. or are they so remote from the market perhaps because they do not see a need to raise cash that they also cannot see the damming effect it has on investor sentiment. or maybe there is no one providing them with advice on such matters. they first mentioned a regular dividend to come in after the special dividend about 2 years ago, then they dragged out the special divi payment and even now at the end of that there is no substantive mention of a regular dividend. apart from the big step changes that new production provides which leads to share price growth, a regular dividend would attract a raft of income seeking investors who also want some opportunity for capital growth. financially not much has changed for the company in the last year, so financial projections not that difficult to do, and if they had announced the intention to pay a regular dividend at a reasonable level commencing after the special it may have stopped or slowed much of this slide of near 50% in the share price example: a divi of £0.003 would cost c.£3.3m. annual revenue from kizil attributable to aau c.£5.8m. and c.£15m in the bank. come on aau wake up.
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