plasybryn

07/2/2025 13:51

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Thanks. That is a bit more like it. Some very encouraging comments re the grades - For the forthcoming Mineral Resource Estimate, but also in terms of the potential size & importance of Dokwe. But most of all I was delighted to learn of the significant interest in the Co at the Cape Town conference from global funds etc. That is something we haven't expressed for a very long time and perhaps suggests that the Co could be turning the corner.

xow98

07/2/2025 13:51

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Shortarm, if you change the https to hTTps the link will work. Using x's stops it from working

shortarm

07/2/2025 13:42

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I will give it a try:

Ariana Resources PLC - Proactive says Ariana Resources MD reveals significant gold mineralisation at Dokwe project in Zimbabwe

link:
hxxps://www.research-tree.com/media/ariana-resources-md-reveals-significant-gold-mineralisation-at-dokwe-project-in-zimbabwe/id/23604/c052000a-2026-4f20-bfd2-af6d043ea2c3

renniks2016

07/2/2025 13:41

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Ariana Resources PLC - Proactive says Ariana Resources MD reveals significant gold mineralisation at Dokwe project in Zimbabwe

plasybryn

07/2/2025 13:31

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Please can we have the link. Thanks

shortarm

07/2/2025 13:29

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Meetings dawn to dusk at 121 - you should all watch this interview.Even CIamaNob.

shortarm

07/2/2025 13:18

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Visible gold....

shortarm

07/2/2025 13:17

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Further to the post from Xow below - an interview with Kerim also just out!

huffster

07/2/2025 12:53

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Saw this on the LSE SVE board from end of Jan. Veracity unconfirmed!

"Received a reply from one of their associates Ciada Brennan. Basically just referred me to their most recent statement from 10th January which really doesn't tell me anything we didn't already know. Key points noted below but still no firm date.

Company held shares in AAU it has been necessary to sell £97k worth so far to discharge liabilities of liquidation.

6.6 million held but further may need to be sold to settle final costs.

AAU shares will be distributed in specie to members, documentation will be sent to members detailing the distribution once this has been declared. I am currently liaising with share registrars to progress final distribution.

shortarm

07/2/2025 11:18

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This was last years Zimbabwe news where they increased the allowance from 60% to 75%, seems to me they are trying to find the correct balance!
.
Last year, the central bank raised the foreign currency retention threshold for exporters to 75%. Previously, exporters were only allowed to retain 60% of their foreign currency earnings, leading to challenges in accessing forex for vital capital expenditures and operational financing.

plasybryn

07/2/2025 10:58

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In Mentor we trust.

shortarm

07/2/2025 10:21

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13 thousand ounces at Slivova provides more gold to Ariana than Tavsan does (23,5 percent of 30K).
Also, the study was done at just 1835 dollars per Oz- they should recalculate!!
.
positive PEA was announced (6.9.2023) for average
gold production of 13koz for seven years, generating an NPV8% of 29% using a gold price of
$1,835/oz and a capex of $33.4m.

shortarm

07/2/2025 10:18

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Meanwhile in a happier location (WTR):
Separately at the Cecelia-Popova-Lluzhan licence float, samples assayed high levels of gold and
silver, up to 20g/t gold and 684g/t silver.

soulsauce

07/2/2025 09:58

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Potentially more damaging than the 26% levy.
If some posters remember I did bring up the forex issue many months ago.
That is what did for Uog in Egypt.

highley1

07/2/2025 09:18

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Nov31,

That's a massive obstacle!

This highlights the risks in taking over a project located in Zimbabwe.

IMO Ariana should have kept on the path they had promised their shareholders, stayed in the safer European jurisdictions, and paid dividends as promised.

This Zimbabwe adventure may prove to have been too risky, especially if the retention policy isn't reversd in Zim. It will surely be very tough to finance whilst the 70% policy is in place?

jaf1948

07/2/2025 08:32

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Would it be unkind to mention that the price of gold has gone up ?

shortarm

07/2/2025 08:23

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And the bid drops...

nov31

07/2/2025 08:16

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Thanks for the useful info xow. Another obstacle.

zangdook

06/2/2025 22:07

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1m shares is only about £30 nowadays

thanksamillion

06/2/2025 19:08

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Late showing 1m buy that did the trick

jaf1948

06/2/2025 16:09

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It's because the price of gold has gone down.......

thanksamillion

06/2/2025 15:42

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Nice lift today.