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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Ariana Resources Plc | AAU | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| -0.025 | -1.28% | 1.925 | 14:00:14 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 1.95 | 1.925 | 1.95 | 1.925 | 1.95 |
| Industry Sector |
|---|
| MINING |
| Top Posts |
|---|
Posted at 16/12/2024 12:29 by shortarm Post from Strangerstill on LSE:Once again Ariana’s shares are plummeting for no good reason. Investors may be spooked by the reports of the Zimbabwe government wanting a 26% free-carry on future mining investments but let’s look at the reality. The government wants investment in gold mining in Zimbabwe and wants the amount of gold mined each year to increase. The government, whilst wanting more local ownership of the mining industry in Zimbabwe, does not want to put investors of investing in Zimbabwe. The government wants the investment in mining to be by responsible miners who will invest in the locality, employ local workers on reasonable terms and take care of the environment. The government wants investment by companies like Ariana rather than having lots of artisanal and small-scale gold mines which are responsible for a lot of environmental damage and poor working conditions. The government will not risk putting off inward investment by responsible mining companies by making the fiscal environment too demanding. The government has already stated that it will take negotiations to reach agreements. “Obviously when you have decisions which were made some years back and decisions were made on the basis of a certain framework, you cannot just willy-nilly go and change that,” Kunaka said. Even without the threatened 26% free carry the Zimbabwe government would (assuming a 100,000 oz operation) make about $36 million a year from Dokwe in direct taxes (corporation tax and royalties), it would also make a lot in indirect taxation (boosted by the multiplier effect) on income tax on workers wages, VAT on purchases, etc. The amount of tax revenue from all the direct and indirect taxes will be at least the amount that investors get back and the government does not have to take any investment risk. I do not think that the government will risk the Dokwe project by imposing punitive measures. I suspect that the situation for Ariana will be much better than a lot of the investors seem to think and that even if the worst scenario of a 26% free carry was to happen then my calculations show that Ariana would still make considerable profit from the Dokwe gold mine. In the past I have calculated that with its current operations and mineral resources Ariana is worth at least 5p per share and I am not going to sell out at the ridiculous current share price. I just wish that the Ariana management would be more proactive with the market and take action to boost the share price. |
Posted at 12/12/2024 22:17 by renniks2016 In Zimbabwe, the royalty rates for gold mining depend on the method of mining and the scale of operations. Here's a breakdown of the applicable rates:1. Small-Scale Gold Mining Royalties: Small-scale gold miners typically pay 1% to 3% royalties, depending on their production scale. These lower rates aim to encourage formalization and compliance within the sector.2. Large-Scale Gold Mining Standard Rate: For large-scale commercial gold mining, the royalty rate is set at 5% of the gross value of gold sold. Sliding Scale for Gold Prices: To account for fluctuations in global gold prices, Zimbabwe uses a sliding scale for royalties: Below $1,200 per ounce: The rate is 5%. Above $1,200 per ounce: The rate increases to 7%.3. Artisanal Miners Many artisanal miners operate informally and may not pay royalties directly. However, efforts to formalize the sector involve bringing them into the taxation and royalty system, often under the lower small-scale rates.Other Considerations Export Retention Requirements: In addition to royalties, miners must sell a portion of their gold to the Reserve Bank of Zimbabwe and retain only a fraction of the export proceeds in foreign currency. This policy indirectly affects profitability. Environmental Fees and Taxes: Additional fees for environmental management and corporate taxes may also apply.International ComparisonZimbabwe's royalty rates are higher than some neighboring countries, such as South Africa, where gold royalties range from 0.5% to 5%, depending on profitability. This difference can influence investor decisions.These rates, while lucrative for government revenue, may deter foreign investors if paired with other operational challenges like currency regulations and policy instability. |
Posted at 08/12/2024 16:24 by plasybryn Have you all Registered and submitted your questions?Investor Webinar Ariana Resources , the AIM-listed mineral exploration and development company with gold project interests in Africa and Europe, is announcing that it is hosting an interactive presentation on the Engage Investor platform on Thursday, 12 December at 2:00 pm GMT. Ariana Resources welcomes existing and potential shareholders to join and encourages investors to pre-submit questions. Investors can also submit questions at any time during the live presentation. Investors can sign up to Engage Investor at no cost and follow Ariana Resources plc from their personalised investor hub. To register interest and find out more information, please click here: hxxps://engageinvest |
Posted at 06/12/2024 14:39 by xow98 Ariana Resources ("Ariana" or "the Company"), the AIM-listed mineral exploration and development company with gold project interests in Africa and Europe, is announcing that it is hosting an interactive presentation on the Engage Investor platform on Thursday, 12 December at 2:00 pm GMT.Ariana Resources welcomes existing and potential shareholders to join and encourages investors to pre-submit questions. Investors can also submit questions at any time during the live presentation. Investors can sign up to Engage Investor at no cost and follow Ariana Resources plc from their personalised investor hub. To register interest and find out more information, please click here: |
Posted at 06/12/2024 09:43 by plasybryn I'll kick it off.1. Still showing Hargreaves Lansdown Asset Mgmt as a Top Shareholder. This is wrong as this 12% is merely all the small retail investors, invested via Hargreaves Lansdown as their Broker. Hargreaves Lansdown is not an Institutional Investor in Ariana in their own right. I have pointed this out before but it has been ignored! 2. Can you help me with this as I'm probably not comparing like with like. Slide 10 shows a Global Resource of 3.9, whereas the previous slide 9 shows a Mineral Resource Estimate of Total 2.3. Why the difference? 3. The slide "Ariana at a glance" is a good one in my opinion. Good positive overview. 4.The Valuation slide doesn't work for me. Not really sure what it is trying to highlight. 5. I would like to see a Slide with a summary of expected activity over the next 12 months and more specific on the second mine coming into operation at Tavsan. Nothing about the ASX listing or core milestones for Dokwe shown. 6.Slide 14 shows Annual and Cumulative Free Cash Flow. That is helpful and shows 2027 as a positive year, so Dokwe still on schedule I assume. But why the drop offs in2029, 2030, 2032,2034, 2035. What is the story underpinning the numbers? 7 Slide 22 - "Other Interests" is a good clear summary. I think the main problem is very few investors will have seen it. A handful at best due to the way they arranged to give the presentation. They need a plan to present it to Corporate and Institutional Investors, probably supported by Panmure their Broker. This could be undertaken in the UK and Australia. Just hitting a handful of private investors isn't going to make a hole in a wet paper bag as my Dad would say. |
Posted at 03/12/2024 11:18 by plasybryn Anyone remember Kepez? I do agree that they probably needed to be more focused. I was pleased to see that word in the RNS this morning. It does seem a bit scatter gun. The danger is that all these hares that are running not only absorb lots of mgmt resource etc. but all the free cash flow created from "Red Rabbit" and achieve very little - getting put on hold or eventually cancelled. This means for us that the hinted at dividends go further and further back.When they say they are in the lowest quartile on ozs per gold to exploration spend, I have always thought it would be interesting to see the proof of this. Me being sceptical I guess. Anyway I hope this latest Presentation is the start of a co-ordinated profile raising campaign ahead of the ASX listing. I think we understand that the this will climax in February. The Co. needs to start helping investors and potential investors understand the scale of potential value creation. Something tangible we can get our teeth into. This should included detailed analyst by the likes of Panmure Gordon and that made available for all to see. |
Posted at 16/10/2024 14:38 by rjwoodrjwood In April the company said it would advance Dokwe to production in the next 3 years, I'm really looking forward to this happening. It will clearly involve a huge amount of money.....almost 6 months of those 3 years have now passed, and shareholders still have no idea how the capital might be raised, or at what cost. When the directors give us some clarity, investors might see a better possible risk/reward, rather than be expected to invest on hope, and pure blind faith. There seems to be no incentive for any potential investors to do anything other than wait. |
Posted at 27/9/2024 07:39 by plasybryn So what did you think of the new presentation slides. Where is the slide saying what comes next with timescales. The things that drive value creation, that cause interest and expectation and entice investors to buy shares. They say they want to increase the Co's value pre the raise. Is this presentation expected to do that. I see at Hummingbird they (Bank & probably large investors) have finally pushed the incompetent CEO aside . There times when you wonder if that is the only way to create the latent value opportunity. |
Posted at 12/9/2024 12:09 by bigglesbingham Agree totally I'm definitely not an insider they don't respond to me and hide behind insider information rules. Bottom line is the board need to update everyone on what their plans our for ASX , paying for projects etc and do it quick. The silence is deafening. They have great potential but do they have the business acumen to develop in a way that doesn't crucify the shareprice any further? That very much is a question which all investors have which results in no new investors and those of the older demographic jumping ship resulting in a reducing shareprice. It's not rocket science. |
Posted at 30/8/2024 13:42 by xow98 Sarcasmmichael de villiers reposted paul johnson @pauljohnson9691 · Over the years as an investor and company manager I have learnt to respect the incredible hard work, passion and determination of private investors trying to make money from the market. PIs are the most important investors in the junior resource markets. |
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