Ariana Resources Share Discussion Threads

[kaos3] 30/10/2020 08:44

deal is still on imho - shares are transferred for the divi tax efficient income

it is just beyond my control (Malkovič) - movie

[dixi] 30/10/2020 08:44

Now would be a very good time for KS to buy a few shares instead of promoting t-shirts!!

[c0lin1] 30/10/2020 08:42

cheap enough for me. ive had some

[linz22] 30/10/2020 08:42

WOWZER..! Just managed to top up at 5.0p!

Thank goodness I held fire this week..!

Some MASSIVE bargains to be had this Covid ridden, pre-election week.

The screens going off now, while awaiting handsome profits from Monday.

Have a good weekend, everyone. But, my advice is to fill your boots now...

[1candc] 30/10/2020 08:41

While KS has been lining his pockets shareholders have been waiting (semi)patiently for the promised circular spelling out the terms of the JV to be presented and have been let down without a word of explanation and now we see the ensuing damage to the share price as a consequence. KS has gone down in my estimation today, I hope he can repair this situation.

[actonovator] 30/10/2020 08:41

mood music says pis believe deal is off

[jaf1948] 30/10/2020 08:41

CEO sells shares on monday at 5.9p
CEO promises news by end of October
No news as of 8:30 a.m. on last working day of October
Share price on last working day of October 4.8p and falling

There is no way that one can put a positive spin on that.

[mad foetus] 30/10/2020 08:39

Well, I wish I had sold a week or so ago. This is being handled very badly but there is time to turn it around

[kaos3] 30/10/2020 08:34

kirbs4 - I do not blame the management for not signing it - or the JV partner - it is probably beyond them - and that is to worry about. or worry if one wants about the substance of the deal. but no blame for not signing it imho. they both want it

[lottsgold] 30/10/2020 08:33

I would have hoped for a bit more information as a courtesy. I hope they can clear things up before the market turns up again. We will have earnt the rewards when we do get that's for sure!

[paul280i] 30/10/2020 08:21

The week's not over yet, keep the faith!

[soulsauce] 30/10/2020 08:15

Well no surprise to see the share price down again given no news. A week to forget.

[dixi] 30/10/2020 08:15

I really thought this would never see the '4's again. Now I'm not so sure. Disappointing.

[kaos3] 30/10/2020 08:11

well I like it that you are having so much fun with TA DT.

and TA DT works quite well as we can see. unfortunately I see this skating pattern on many shares this week. It means - ice is slippery and if one falls it is cold and hard - till one pick himself up again and gains momentum and speed. many superstar skaters occasionally fall

[kirbs4] 30/10/2020 07:56

Back to the 'How'. I'm sure the usual defenders will explain this away with "What's important is the deal goes through and I'm happy to wait", but like I said yesterday, the bare fact is they have over promised on something (if it was out of control they shouldn't have given a timeline), and in the same week they failed to meet the expectation they set they've announced the director sale. Nobody is arguing that the deal is off or saying anything about the deal itself, this is just a pge from the 2016 book of mismanaged AAU moments.

[jaf1948] 30/10/2020 07:41

It takes a long time to build trust. It can take a very short time to lose it.

[dixi] 30/10/2020 07:39

Which is why there has been so much discussion regarding share options etc. We are not privy to the same info as KS, the timing is therefore bothersome.

[1candc] 30/10/2020 07:32

If a company says it is going to do something and then fails to do so (so far today) it should at the very least explain why on the day it fails to deliver the promised action.

[dixi] 30/10/2020 07:29

My guess would be shareholders have been patiently waiting, with the expectation there will be an update before the month end. If nothing is forthcoming today maybe the discussion will ramp-up. But in fairness neither has there been any news to say the deal is off.This remains a frustrating situation.

[1candc] 30/10/2020 07:25

The company released this unambiguous RNS on 29th September: -

Ariana Resources PLC UPDATE ON PROPOSED JOINT VENTURE
29/09/2020 7:00am
UK Regulatory (RNS & others)

Amongst other points it stated: -

-- Ariana intends to distribute a circular to Shareholders to convene a General Meeting seeking approval for the Transaction during October.

On this, the last trading day of October, there has up until now, been no RNS from the company updating shareholders on this important and eagerly awaited development. Unless a RNS arrives later in the day the company has failed to honour the spirit of that RNS and has proffered no explanation as to why.
We've had plenty of news and views on Director dealings but seemingly nothing on arguably the most important development in the history of the company.

[8rad] 29/10/2020 18:51

NO ITS TRIPLE SALCHOW WITH DOUBLE LUTZS WITH(*f)TUCK ...I think.

[jaf1948] 29/10/2020 17:42

Biggles,

You are always polite and I agree with you most of the time. No, I am not offended and am quite happy to have (slight) differences of opinion every now and then.

[bigglesbingham] 29/10/2020 17:30

I hope I didn't offend that wasn't the intention! Sure we will all benefit here.

[bigglesbingham] 29/10/2020 17:25

I've no problem at the current level if I slip below it's not an issue. Depends on funds ! Bloody double tax bill coming and money allocated for that at minute.

[dixi] 29/10/2020 16:25

That reminds me I have not skated for years, tempus fugit and all that, hurry up Kerim :-)