Ariana Resources Share Discussion Threads

[jaf1948] 23/11/2020 10:39

Superb though the RNS is, and well done to the company for achieving those results at a very difficult time, it does not currently benefit the shareholders. Ariana pays no dividend (the proposed JV dividend will be a one-off) and the market seems to be immune to any good news from the company so there is virtually no increase in the share price.

Hopefully the signing of the JV will be the catalyst we need - nothing else seems to have much effect.

[gibrewog] 23/11/2020 10:32

Unable to currently buy online for some reason with HL.

[cyberbub] 23/11/2020 10:27

We must be making net, bottom line profits of almost $40k per day, which is a very gratifying gold-and-silver lining to the JV delays!

[thanksamillion] 23/11/2020 10:08

The bid offer range is currently 5.2-5.5, yet someone buying 454k earlier paid 5.6682 (circa £25K), when the range was the same.

[8rad] 23/11/2020 09:34

Stonking profits = larger divi?

[thanksamillion] 23/11/2020 09:31

Will have to study the detail later but on first reading of todays RNS am very very happy with these figures.

[soulsauce] 23/11/2020 08:19

I like that the areas currently being mined are yielding up 200% more gold. No wonder they are getting on with the expansion.

A ten month stockpile too.

[ironstorm] 23/11/2020 08:15

I really really like the talk on expansion and LOM.

And I reckon they will exceed (revised) expectations.

Proccea seem like a dream partner.

[lottsgold] 23/11/2020 07:53

bit not but haha

[lottsgold] 23/11/2020 07:46

You would think that the incoming partner would be chomping at the but time get in on these profits...quite happy we've had a very profitable year whilst the lawyers drag their feet. The profit from this month more than pays for our 50% in Venus. Madness really!

[donald pond] 23/11/2020 07:34

Let's hope it's the start of a sustained period of newsflow. A really good RNS though, well done.

[soulsauce] 23/11/2020 07:25

Well that reads very well and expansion underway 👍

[pauliewonder] 23/11/2020 07:23

Agree. I said a while back I can see a short term route to 20p and still maintain that. We are hugely undervalued at 5p. Will be loading up over the next few days.

[nov31] 23/11/2020 07:22

The shares deserve a re-rate on the basis of these results!

[johncasey] 23/11/2020 07:21

should be trading at 20p

[pauliewonder] 23/11/2020 07:18

Very impressive figures. We need to get cracking with other revenue generating streams but as far as Kiziltepe goes, they are bumper figures and the JV is clearly very profitable and cash generative under the current conditions. Getting costs down to $350 is an excellent development for cash generation.

[lottsgold] 23/11/2020 07:17

Expansion of capacity underway also.

[lottsgold] 23/11/2020 07:16

Nearly 5million dollars profit in the quarter to AAU?!

[renniks2016] 23/11/2020 07:07

Operating cash costs for the quarter are estimated at US$352 per ounce!

[spacegazer] 21/11/2020 11:59

How amiss of me.....apologies....fella/fellow shareholder

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[bibjb] 20/11/2020 16:22

Are you sure we're all 'fellas' ?

[spacegazer] 20/11/2020 16:02

Yeah cheers fella.....good luck

[thanksamillion] 20/11/2020 15:46

Suspect current subdued price is a result of gold price weakness, plus maybe a little boredom on delayed deal action.

Gold now on the rise towards £1900 again and this time I feel it may be the real thing as the US covid deaths start to look appalling, expect the covid horror to continue for a couple of month from here on.