Cash cost per oz is $1450 ...... How is that 2000 per oz profit? |
Absolutely Shortarm, and when the true state of the global economy sinks in, with Trump era de-globalization & protectionism, gold will continue to rise. Whatever you say about Kerim, he will keep finding gold, and our assets will keep producing gold. Even if it's just reserves in the ground, provided we can avoid massive dilution (helped by a Salinbas sale to partners) I see a very bright future. Patience required though! |
Shortarm,
But when will the shareholders see any of that profit ? |
Gold hit 2784, that's over two thousand dollars an ounce profit!!Isn't Kiziltepe like 650 and Tavsan a bit more? |
i am almost sure that ks will not drive the company into the ground (no pun intended) with equity financing at these share price levels, whether through asx listing and/or other share issues.
so asx listing will have to be delayed. we will hopefully hear about monies (dividend) being remitted to aau by zenit and may see some debt financing.
if there is asx listing at these levels then share price will inevitably head even lower maybe to sub 1p.
none of this will set pulses racing and share price likely to languish for some time to come.
meanwhile the turkey operations ex-salinbas are in rude health and once tavsan fully operational, aau is likely to see production at 40k to 50k including kiz output, so aau receipts (23.5%) from zenit after costs could be c.$25m p.a. but this is unlikely to continue for long as kiz will probably start tailing off after another year or two. (if kiz did not tail off and aau receipts continued at this level, could dokwe be funded, at least in the main, all the way to production over say 5 to 8 years from organic funds? improbable but just a thought.)
with much drilling already completed at dokwe and mre in excess of 1.8m ozs nonetheless it seems aau are some way from preparing a bfs, preferring instead to continue drilling to expand the mre and improving the mine plan along the way.
this leads me to think ks wants to prepare the ground (again no pun intended) for an approach to/from newmont or some other jv partner. if this does happen we could see aau monetise some part of dokwe in a year or two. in context of dokwe size cf. aau size, this could be a multi-bagging event.
perhaps just wishful thinking. |
Just like his shareholders then TAM. |
Damn, Damn, Damn, ive posted another negative one, must make mental note to stop. |
He's not a happy chappy is he. |
last video
head was rotating no, while mouth was talking
previous video - nodding to the words which mouth was saying
classics in the body language. watch last video in silence , observe head movements and compare to the old video
lips tense etc |
ArianaResources Video update on production results progress in Turkey & Zimbabwebrrmedia.co.uk/broadcasts-emb... |
Ah, seems a video has been added there! |
Got this email from Engage Investor but the have not added an event yet...? . We’ve got some exciting news! Ariana Resources Plc have just released a new event on Engage Investor. Click below to stay connected and take a closer look at their latest update. |
New event on engage investor!! |
Gary Savage on X Gold is about to test the all-time highs. It's doing so early in a new intermediate cycle. Breakouts that occur early in a cycle are the ones that produce sustained moves. $3000 by April will be a piece of cake. $3200-$3400 isn't out of the question. |
Nice photos of Tavsan construction coming through on X. At last. Building up the excitement of a producing second mine. Meanwhile ore transported to Kiziltepe to optimise output. How long before Tavsan is fully commissioned? |
Worth a readhttps://www.kitco.com/news/article/2025-01-21/gold-prices-see-another-20-year-rallying-3300-governments-continue-spend?utm_source=site_navigation&utm_medium=sidebar_link&utm_campaign=trending_news&utm_term=gold_ab_sidebar_news#:~:text=Gold%20prices%20to%20see%20another%20+20%25%20year%2C%20rallying%20to%20$3%2C300%20as%20governments%20continue%20to%20spend%20%2D%20AuAg%E2%80%99s%20Eric%20Strand |
Exactly xow. In the words of Donald Sutherland in Kelly's Heroes - 'definitely an antisocial type' 🤷a94;️ |
Can sell 100k at 1.6575, buy 100k at 1.675. At least the true spread is thin. |
My buys showing as sells. |
You have a "hater" (at leat one ; >). Down tick for saying thanks. |
soul. I too got page showing latest as two months old ...waited a while and strangely the link to the latest interview appeared. |
Cheers xow that's better. |
I see the tick down child is back 🤣 Get a life or come on and discuss what you don't agree with. |
That link is a month old?? |