Ariana Resources Share Discussion Threads

[plasybryn] 14/10/2024 11:08

SP Angel today Gold ($2,660/oz) regains ground as Russia pushes BRIC countries for de-dollarisationGold prices have climbed, despite rising US Treasury yields, with the 10 Year climbing back over 4.1%.The dollar has strengthened against a basket of currencies, with capital redirected to dollar-denominated bonds to take advantage of the higher yields.The recent rally has paralleled Russia's increasing calls on BRIC countries for de-dollarisation.The group, which includes China, Iran, UAE and India, are set to meet in Kazan this month.Putin is calling for a 'multicurrency system', which reduces reliance on the dollar.The Kremlin's report states that US interests 'are not always aligned with the interests of other participants.'Russia is also pushing for centres of mutual trade for commodities including gold.the dollar accounted for 54% of foreign trade invoices in 2022.BRIC country central banks have been major buyers of gold since Russia's invasion of Ukraine saw the US freeze dollar reserves.China, Brazil, India, Russia and China and Turkey have all seen notable gold reserve increases since 2021.Whilst BRIC central bank buying has been a consistent tailwind for gold, we expect the next leg higher will require the participation of Western ETFs.ETF inflows rose to $1.4bn in September, with investors looking to chase gold's rally whilst also betting on lower real rates amid the start of the Fed cutting cycle.

[renniks2016] 14/10/2024 09:19

No issues at all with IG

[thanksamillion] 14/10/2024 08:57

lottsgold

I am with ii, who allow ASX trading, by trading I assume you mean buy and hold, not sure how they perform with regular in/out trading.

Clearly there is a currency conversion issue, so in/out trading with any provider may be expensive.

[zangdook] 14/10/2024 07:58

It depends how easy it is to arbitrage. If shares can be transferred between the two exchanges there shouldn't be too much of a price gap.

[lottsgold] 14/10/2024 07:06

I have the same concern, can anyone advise the best account for trading on the ASX from the UK?

[charles clore] 13/10/2024 23:37

TAM - I really don't think holders are trading in and out. The turnover volume just doesn't seem enough for that.i think people have simply sold because they disagree with Kerims strategy. I think such people are wrong and should have waited a bit longer to see where this is going. I believe the future will be appealing to people who like multiple jurisdictions that can spread risk and a dividend policy that allows profitable investment.

[parvo] 13/10/2024 22:59

If the share price on the Australian market does well, will that automatically feed through to stock held on AIM? I'm concerned that holders on AIM will continue to languish.

[thanksamillion] 13/10/2024 20:03

I believe that Kerim has had enough of watching the weakness of having a UK AIM listing.

We are way below the horizon for any institutional interest and trading over the last year or two seems to confirm that most AAU punters, (many posting on this board) are trading in and out, helped by the extreme flip-flopping of the share price Can't blame them really as nothing has ever changed to make them think twice about doing it.

The coming AUS listing, in conjunction with a more steady positive news flow in the coming months and years should change that situation, here's hoping.

Just being priced at near fair value(given the wide spread of investments AAU now has and which the broker values at 5p) would be a start.

[plasybryn] 13/10/2024 09:42

Whole article in the Mail today pointing out attraction of having exposure to gold in your investment portfolio in one form our another.Quote:-"Investors in gold have seen their holding grow in value by 42 per cent over the past 12 months. This is even greater than the 33 per cent return that investors in the S&P 500 index of the largest US companies enjoyed over the same period."

[plasybryn] 13/10/2024 09:35

So AAU have been unreasonable quiet about the forthcoming 30000 oz per year JV mine at Tavsan. But given it has been delayed even more than climate change armageddon, perhaps the Directors have lost interest or perhaps been deflected by the new kid on the block - Dokwe. Or is their aim to give the market an explosive fourth quarter of value generating news to stimulate the share price ahead of the ASX listing. What will Ariana 11 have as its strap line? Attitude proved a damp squid so lets get it right this time.

[shortarm] 12/10/2024 08:21

It is also just 23.5 percent of the 20 million and AAU profit is so low because the money is being spent on building Tavsan. Kiziltepe has been producing gold at below seven hundred dollars an ounce - that is some serious profit!

[charles clore] 11/10/2024 21:19

Believe It's a Turkish bank loan, not Zimbabwean

[shortarm] 11/10/2024 17:33

AAU, 20 million loan? Jeez you really are stoopid!

[cinoib] 11/10/2024 16:30

Soulsauce, I thought they'd sorted themselves out since Mugabe had gone as I seem to remember something like 250% inflation then, but sounds like it's not improved any.Bit like Aau even with gold heading for $2,700. Just look at results that tiny profit will just about cover the interest on the 20 mill loan.

[bigglesbingham] 11/10/2024 15:19

He's stated he want to run 100% there will be significant debt but who knows. Caledonia mining did a presentation in Sept and they are in a very similar position having to raise more than their market cap on excellent project in Zimbabwe , having steady producing assets to cover overheads. Very good presentation sinking the praises of Zimbabwe which was reassuring. Plas posted it on this board. But yes we need a path to funding and not at shareholders expense as to whether the board have the nouse to do that is a question that needs to be answered because their progress so far has been at the expense of the shareprice.

[charles clore] 10/10/2024 21:46

Lottsagold - I think kerìm will do everything in his power to meet the promise he has made to shareholders. We can only take him at hi word and let him do his job imho

[lottsgold] 10/10/2024 19:28

I'm just clinging to the hope Kerim will do the right thing when the time comes... must be awfully tempting not to, look at Shanta. They had just made it to the promised land and bam the company was stolen from underneath them. Are we thinking Proccea in as partners, and borrowing the bulk once the final resource/mine plan is in place? Surely the ASX listing won't be to raise large capital from the off?How do you guys see this panning out?

[charles clore] 10/10/2024 14:50

It takes a lot for a leopard to change its spots. If something is working for Kerim I doubt he would see why he should change anything. This is the way the cookie crumbles.

[shortarm] 10/10/2024 12:12

You know, I wish Ariana version 2.0 would post a bit more news!

[shortarm] 10/10/2024 09:30

Is that Zack at Dokwe? Hopefully he has had a further look at Dokwe South!?

[bigglesbingham] 10/10/2024 08:31

The clarity of the path is what I want to see re the shares in circulation when Dowke produces. A very difficult path needs to be trodden to get share price up. The projects are very good but the advice regarding marketing, Share price accrual etc needs to improve as exemplified by todays ridiculously low share price A good way to improve that path would be knowing their intentions re capital raise.

[shortarm] 10/10/2024 07:31

Mentor Demi:Some photos from the sessions of the first mining forum in Kosovo organized by the Kosovo Chamber of Mines Kosovo Chamber of Mines .Over 80 participants and companies from different countries of the world take part.For detailed info visit Kosovo Chamber of Mines

[lottsgold] 09/10/2024 08:09

Funny you're talking about PE Ratios this morning. I was doing some research on gold miners on the ASX if we can get Tav/Sal/Silv/Dokwe all producing or on the route to producing you soon see that 500m valuation and possible more. The path is there clear to see!