Ariana Resources Share Discussion Threads

[lottsgold] 09/12/2020 17:55

JAF I would also have your voice heard, if the board is one way it becomes pointless. I sometimes need to re asses and opposing opinions help. I do however feel Kerim has earned the right to position himself for maximum rewards coming into the divi and JV. Many years of work have gone into getting to this point, why would anyone bother with the stresses if there weren't rewards. I think that's the point of capitalism. I trust the BOD to not take the mick. If they start to I will make my voice heard along with many here.

[bigglesbingham] 09/12/2020 17:32

JAF I'd rather you stayed as all comments are welcome and add to debate some of which I'll argue against. Re reading your post Your implying that money is made only when you convert to cash but assets / shares have value whether you convert into cash or not (as long as the facility is there) . With regards to doing things wrong I believe the board need to appoint new broker, promotion company and nomad. I think their marketing and investor relations is ineffectual in getting out to the masses and I've told them. I will criticise directly to to company rather than a bulletin board. In this instance I understand why KS has done what he's done and I've no issue with it.

[jaf1948] 09/12/2020 16:32

The share price was around 5.2p at the end of July - it is around 5.2p now so no-one has made any more money from their shares. Topslice or reallocated fund are not new money.

It is clear that like most bulletin boards, after a time they cease to be arenas where people can exchange ideas and turn instead into fan clubs. Therefore at this point, I will take my leave from here and keep my opinions to myself.

[shortarm] 09/12/2020 16:12

Only the directors have made money??? Crazy talk that! I know of several who've topsliced! Or reallocated funds. 115k is nothing as a salary!!

[jaf1948] 09/12/2020 16:00

I chose my words very carefully. I have in previous posts cheerfully acknowledged how well LTHs have done in the past year which is why I specifically referred to the past three or four months when the price has stagnated.

It was a statement of fact, not a subversive dig at directors or anyone else. There are too many people on here who are over-protective of the BoD and see anything not overtly positive as directly negative.

[bonehanmer] 09/12/2020 15:42

I agree with Biggles, clearly based on the returns over the past year alone the troops have been fed first. If you have only been in AAU for the past few months or less then thats on you. Can't expect to be fed when you arrive late to the party...that being said, I am sure dessert is on route in the coming weeks.

[bigglesbingham] 09/12/2020 15:31

With respect if you are LTH you have held for more than two years therefore you've made 400% in two years. I think I'm missing your point unless your saying that long term holders have made significant profits but the price has stayed flat over last three months so your begrudging directors taking some cash from the warrants which were awarded for getting the company to this point?? Surely not, if so give me a break

[jaf1948] 09/12/2020 15:28

You feed your men first, then you have your meal.

[1candc] 09/12/2020 15:25

But they work at Ariana don't they? They have an actual job that they get paid for, they have created the company that we see today, are they not entitled to a reward.
As to making money the share price has gone up over 120% in the last year, I should imagine a lot of people have made money from that increase if they sold some of their shares.
I just don't understand the constant carping about Director's remuneration.

[jaf1948] 09/12/2020 15:10

I do not begrudge KS his warrants but the only Ariana LTHs who have made any money out the company in the past three or four months are the directors.

[lottsgold] 09/12/2020 15:05

Hi Biggles, you infer an institution was sniffing round. I'm not sure what you can say but can you expand on who and any comments or is it confidential?

[charles clore] 09/12/2020 14:17

I'm topping up now. 250k - small steps. Think we could see a breakout by end of week.

[bigglesbingham] 09/12/2020 14:11

I think you will find the shares were sold to a buyer off book which doesn't have an effect to the shareprice as they aren't dumped into the market so his transactions would not have affected price. He sold last time saying he wanted to increase his holding via crystallisation of warrants to do that he still has to find the money to purchase, in a nutshell as I see it. KS has crystallised warrants then sold the bulk of these shares warrants but still resulting in a increased holding of 1.5m. I think The sales were sold to institution (same one who was sniffing around me probably). In effect he's used the warrants to raise some cash. Where KS circumstances differ from other investors on here is the bulk of his assets are in Ariana. He told TW all pension in AAU. Therefore nothing wrong with what he's done. Wish some on this board would exercise their brains now and again.

[paul280i] 09/12/2020 14:00

But a little less divi to us!

[dixi] 09/12/2020 13:51

More divi to KS too, a win/win it seems :-)

[charles clore] 09/12/2020 13:51

xow - I can understand what you mean by your last post but Kerim's taking up options and immediately selling may have been something to do with the increase in his shares held in the company before signing the deal. He couldn't very well take advantage of the options now in full knowledge that the deal would significantly increase the share price as that could be interpreted as insider dealing and obviously contravenes the rules.

[1candc] 09/12/2020 13:49

But he has increased his holding overall, albeit at a very nice price!

[charles clore] 09/12/2020 13:40

Things never change. Directors are always first snouts at the trough come feeding time.

[xow98] 09/12/2020 13:31

In effect KS has sold 10m new shares into the market over the last 6 weeks, with the obvious resulting fall in price. Clearly he has the right to do so and it explains the price momentum, but why would he sell that many? LTH's all expect the price to increase significantly in the short to medium term, but this does make one pause and think about it.

[gamesplayer] 09/12/2020 13:28

SS, Agreed
Seems to be another large seller though...

[soulsauce] 09/12/2020 13:25

Well it's pleasant to see that the share price has held up so well given 5m have been thrown at the wall in recent days.

[zedder] 09/12/2020 13:21

At this particular moment in time, ie just as some major elements of the 'story' are coming together here, no I wouldn't have acted as he has. I'm fortunate that yesterday I invested more here after making good profits elsewhere and having no need for immediate access to the money. However, in the current Economic Situation we have here in UK, there may well be forced sellers in AAU that need the cash to keep the lights on. His 5m share disposal will likely have disadvantaged them. That's a different Big Picture but there isn't only 1 Big Picture in play in the world.

Edit: Fair comment by GamesPlayer that it could be due to closed period rules, and this was his only window to do this for some time.

[gamesplayer] 09/12/2020 13:21

Hopefully he's now stopped and the price will drift up with the balance of purchases.

Also, I wonder whether he sold now because of entering a closed period? Surely could have got more if he held on (albeit selling some to pay the exercise price).