Ariana Resources Share Discussion Threads

[jaf1948] 29/10/2020 16:15

Is that like a triple Salchow with a double Lutz or am I getting it confused with skating ?

[kaos3] 29/10/2020 16:03

TA- DT (double top) formation

[corrientes] 29/10/2020 15:43

Buyout on the cheap, and a better joint venture for the new company owners. Well, everybody's entitled to an opinion, eh !

[huffster] 29/10/2020 15:35

Not sure what to make of the fact that Ozaltin didn't get a mention in that IG Interview? It is the elephant in the room when it comes to future share price catalysts, future cap-ex plans etc so the fact it wasn't talked about AT ALL must have been pre-agreed?

As it's Ariana / Kerim I'm looking at it positively, i.e RNS imminent.

[1candc] 29/10/2020 15:35

several ticks up!!

[nov31] 29/10/2020 15:33

price is due a tick up i'd say

[konil] 29/10/2020 15:07

1candc, post 889, fully agree, they should notify market in case of further delay.

[konil] 29/10/2020 15:05

bb, yes if he does convert the remaining 12m options to shares then his holding becomes much larger.
currently i make it that with the wife selling c.2.3m and ks increasing c.0.5m, then jointly they have reduced c.1.8m.

as for your 3%, that's impressive of course, you may need to top up to maintain it!

with 19m new shares, if ks exercises all his options, i guess that means you will need to purchase 570k to maintain 3%?

[1candc] 29/10/2020 15:03

Some sustained big sells going through, which doesn't help sentiment here which has taken a bashing of late. Like everyone I hate to see the price declining and am putting a lot of faith and trust in the deal going through as described. If no RNS arrives tomorrow despite us having been told that it will in October that will be another blow to sentiment. I do hope the company delivers on that promise or if it cannot because of some hold up out of their control that they inform the market to that effect with further time line guidance.

[bigglesbingham] 29/10/2020 14:00

His wife sold 2.5m

[bigglesbingham] 29/10/2020 13:59

Crystallisation if warrants never will but it is what it is.

[bigglesbingham] 29/10/2020 13:58

Not really the divi will be couple months let's say he now has the money in bank to max warrant conversion. He's got 12 million so to buy them will cost him 186k which he now has from transactions last week. Reread Nigel Somerville article and combine with KS comments today that he wants to increase holding by converting warrants and it becomes clearer. Unfortunately some have chosen to not look at the whole picture. What the increased allocation does do is make my 3% less than 3% so will probably have to do rns Tuesday.

[konil] 29/10/2020 12:58

bb, yes jointly they have reduced. strange timing with big divi coming.

[konil] 29/10/2020 12:55

1candc, "This has been done to death".

yup, but not as much as the jv which has been done to death, resurrected and done to death again, several times over.

:)

[konil] 29/10/2020 12:51

thanks pedro, i missed the 1,538,216 lower down, it wasn't noted in the text unless i missed that too.

[charles clore] 29/10/2020 12:42

In many ways KS sale and purchase is like a heavily discounted fundraising. It doesn't help the PI in any way.

[pedr01] 29/10/2020 12:16

"I can't imagine the divi will be paid before Christmas so it will be bread and lard for dinner again this year..."

Now you are being overly pessimistic ...

We used to call it bread and "dripping" ... mmmm dripping YUMMMM ... LOL

[pedr01] 29/10/2020 12:05

"i cant see how ks increased his holding by 553,487 shares?"

Just working through the RNS I get ...

+ 7,000,000 26/10
+ 91,703 26/10
- 5,000,000 23/10
- 1,538,216 23/10
---------
+ 553,487

[bigglesbingham] 29/10/2020 12:04

His personal stake has excluding his wife. If you take into account wife it's reduced but what his wife does is up to her but in my opinion because they are connected his stake hasn't increased.

[paul280i] 29/10/2020 12:04

Thanks for the link to the video. I do think Kerim is rubbing it in, flashing the Polo shirts that we can't buy, just have to send photos of the tee shirts which I would not wear. AND he is sitting in the sun, lucky man!
I just hope we get positive news of the JV this week, I can't imagine the divi will be paid before Christmas so it will be bread and lard for dinner again this year.

[bigglesbingham] 29/10/2020 12:02

I think they'd be looking 2-3 weeks for ok buy shares holders and signing. My concern is if there is government involvement which I believe there is then this is something on which a timescale cannot be put definitively in these uncertain times. I'm looking for definitive clarification that every party is still on board .

[1candc] 29/10/2020 11:55

This has been done to death, more importantly looking forward and trusting that we will hear news on the JV in October which has just tomorrow left available I wonder how long the ballot mailing out process to shareholders takes and when the proposed divi will be paid?

[konil] 29/10/2020 11:50

i cant see how ks increased his holding by 553,487 shares?

he bought (via options) 7m, and a further 91,703 shares in the market. he sold 5m.
so that's an increase in his holdings of about 2,091,703.

i'm guessing he has a stake in aslan (company controlled by his wife), which sold about 2,370,000 shares, so some of that sale must be attributed to ks? if so, then that would bring his increase down from 2,091,703.

but rns does not spell it out for idiots like me.

anyway, director buying is usually a good sign.

i do wonder what it might or might not imply for price sensitive announcements (yes, i've read all previous posts).

[soulsauce] 29/10/2020 11:42

Frank Holmes, CEO and chief investment officer of U.S. Global Investors reports that “Chairman and Founder of Ivanhoe Mines Robert Friedland told Frank and the team, ‘You’re going to need a telescope to see copper prices in 2021!’”

[amunro] 29/10/2020 11:32

Enjoyed the video with Dr Kerim. Been a long term holder with AAU. Would be great to see some share price upward movement; guess processing dirt is pretty boring and does not make headlines. Some evasive answers on his share buying; he knows they are fishing for any news :)