Ariana Resources Share Discussion Threads

[thanksamillion] 18/9/2021 13:09

Renniks I agree continuation of the uptrend should start shortly and be gradual, followed, I believe by a steep climb as "all stars become aligned". All that could take a year or three however. I am feeling very patient, even after holding/accumulating for over four years.

[renniks2016] 18/9/2021 12:15

Even if the price of gold drops to $1300 oz it's still above feasibility levels, and with our all in costs per oz, we are still very profitable, a big if, and also only relevant to what we are producing today, given the consensus is gold and silver will move to ATH's after long consolidation period, we should see this coincide with big leap in oz's produced, with increased trough put and mine built at Tavsan. All IMV will lead to increased mcap.

[d1g3y] 17/9/2021 17:34

Anglo American down 8 percent BHP down 4.8Rio Tinto Down 3.6

[kaos3] 17/9/2021 16:59

JAF - you had an experience about joking and sense of humor lately ..... ;)

[jaf1948] 17/9/2021 16:50

kaos, You mean apart from the fact that on this day last year, the share price was 6.15p.

[kaos3] 17/9/2021 16:25

AAU is the best in my PMs it doesnt go down ! viva la Ariana

[d1g3y] 17/9/2021 10:21

No visible reaction on the share price to the big drops in gold and silver over the last few days which is good

[shortarm] 17/9/2021 08:56

Tavshan was originally going to be 30k oz a year if I recall? Increased capacity and grades at Kiziltepe should move it up to 30k a year too.... Maybe they’ll design Tavshan at a higher output now that they have the experience with it and there will be a resource upgrade shortly... I’d say 60-75k oz per year prior to Salinbas coming online - but I’m a known optimist :-D

[shortarm] 17/9/2021 08:47

Which is good news for next Friday!Wonder what time the money lands in your account......?

[actonovator] 17/9/2021 08:42

Well done Shortarm, nice to get one over on them! However we've now moved to buy/sell prices of 4.60 / 4.51.

[shortarm] 17/9/2021 08:31

Well that was fun!They were bidding 4.7p for 150k -So I sold them from my SIPP and bought back 152337 shares at 4.62pExcellent :-)

[actonovator] 17/9/2021 07:45

Most of the problem here it seems is gold miners generally - it just isnt good. However, as for AAU, doubtless things could be communicated loads better, but I also think too many here want certainty, but unfortunately with that goes the chances of making a lot of money. I'm reasonably confident that within about 2 years we'll get an rns forecasting 50 0000 ounces a year. But what's the point of buying then? The gains will be limited. Maybe good for the risk-averse. Alternatively you can recognise all the signals (high grade satellite pits, doubling of processing capacity, Tavsan EIA due) and buy now. Everyone who is invested now believes that 50000 rns is coming - albeit slower than we would like - and money will be made.

[paul280i] 16/9/2021 22:42

Jaf, yes he did and I have added a new word to my vocabulary, thanks.

[bigglesbingham] 16/9/2021 19:49

I get it , I posted something to Charles regarding investors tend to want things today rather than a company building strong foundations. My hope is the foundations will provide enough money to continue dividends and exploration moneies. Then KS strikes the jackpot with his expertise which brings the "today" investors in and greatly increases the shareprice. It's a simple philosophy but it's clearly one they are working to without any fuss. I believe over next six months we will begin to see some real progress with exploration. There will be frustration along the way be it communication, KS not delivering updates with vigour ect. All of that is noise the big thing here is the exploration prowess and not having to go cap in hand. Ie NO. Dilution.

[jaf1948] 16/9/2021 18:06

Did siri think I used the word correctly ?

[plasybryn] 16/9/2021 17:44

It's the way it's presented in my opinion. Drilling results should be presented as leading to a new increased Resource/Reserve which in turn means a longer life of mine which can then easily be converted in pounds shillings & pence. And or it means higher grade ore being mixed with low grade ore to improve efficiency and profit margins. Convert it all to numbers which can be converted to projected EPS. Simple . As I said yesterday express the benefits of the work for shareholders not the dry features.

[paul280i] 16/9/2021 17:39

Empirical, I had to ask Siri what that was!

[jaf1948] 16/9/2021 16:33

Biggles, No one is denying that it is all good news and of value to shareholders but it is not the kind of news that will attract a mass of new investors. I'm not being negative - I am stating an empirical fact.

[bigglesbingham] 16/9/2021 16:30

I am JAF and I was when share price was 1p when market wasn't interested either.

[jaf1948] 16/9/2021 16:08

Alas Ariana can issue as many good drilling results as it likes - the market just isn't interested in them.

[zedder] 16/9/2021 15:24

1513 and I get the email with this morning's RNS details. FFS!

[bigglesbingham] 16/9/2021 14:02

But get your point now re reading it. You wouldn't know I've been writing AAUs rnss for years ha ha

[paul280i] 16/9/2021 12:32

Biggles, do you need a proof reader?

[bigglesbingham] 16/9/2021 12:27

For the record when I visited the mine there were some issues about how to truck from tarsvan to the mine. I believe they were looking to truck concentrate from heap leach but whatever it was soln was to build mine at tarsvan. To truck ore surely would be effective over large distances considering amount of ore required for ounce of gold.