Ariana Resources Share Discussion Threads

[bigglesbingham] 15/12/2020 18:56

Oh and the price is ridiculously low

[bigglesbingham] 15/12/2020 18:55

370 k buys six trades between 14:30 and 14:45 across both exchanges

[paul280i] 15/12/2020 17:55

What pushed the offer price up at 14.30 today, no late trades being shown.

[bigglesbingham] 15/12/2020 16:42

There have been a number of questions posted on here regarding various aspects. I believe AAU have been receiving regular dividends from the JV so the delay up to this point has only benefited AAU bank balance. However I'm sure there are rules governing maintaining working capital ect so expect some cash in the bank. From reading historic rnss re tarsvan they were awaiting permits and it looks like these have been awarded from recent rns so positive in regard to being able to do drilling but looks as though it's been kicked down road , probably due to covid but isn't everything. Common sense to build in potential extra resource into feasibility to get best deal on debt finance. Not to fussed here because if deal goes through they are still cash rich and just means tarsvan income stream pushed back. However I see AAU as self financing exploration company again moving forward with some exceptional assets salinbas the jewel in crown with Cyprus not far behind.

[cool hand kev] 15/12/2020 16:36

Ok thanks Kirbs4. I had an earlier Issue with iii trying to vote at an AGM (with another company) but didn't register my interest early enough.
They don't make this easy :-(

[kirbs4] 15/12/2020 16:24

I do Kev and I can't either, but as others have stated on this board it may be because there is no share action and therefore may need to call them. I am planning on calling tomorrow.

[cool hand kev] 15/12/2020 16:16

Anybody else hold their shares in iii? because I can't see any corporate instructions
for voting at the General Meeting to approve the Transaction to be convened on 30 December 2020.
Thanks in advance

[pharmoutcomeszzz] 15/12/2020 15:40

Thanks for that nov31.

[bigglesbingham] 15/12/2020 15:18

Your comments apply to transact and tilney too because doesn't involve share purchase or disposal. Ie shareholders have to take the initiative.

[nov31] 15/12/2020 15:14

I have just contacted Barclays smart investor and confirmed that my 17.9m shares should be voted in favour of the resolution. Interestingly they said that this Arian meeting and vote would not be posted on the corporate action site or emailed / messaged to members as its not affecting Ariana shares directly (not a share split or consolidation or sale of the parent company) so I'm glad i phoned. Anyone wanting to instruct Barclays on which way to vote on the Ariana resolution needs to instruct them and also give them at least 7 days notice of the meeting - so those who hold through Barclays need to phone by Dec 22nd/ 23rd latest.

[1candc] 15/12/2020 10:35

NS article 14/12

Ariana’s shares are unchanged on all of this, but it is good news all round and at the current 5.2p to buy and at up to 5.5p my stance remains buy with a 7.5p target firmly in mind: in just a few weeks, Ariana’s £55 million market cap will be half backed in cold, hard cash.

[soulsauce] 15/12/2020 10:17

Cheers 1candc keep me informed.

[1candc] 15/12/2020 10:15

Soul - I'll give it a day or two then follow up with a phone call, they're usually pretty good but the time line is short and not helped being over Christmas

[soulsauce] 15/12/2020 10:07

Neither have I 1candc.

[paul280i] 15/12/2020 10:04

Thanks, I'll do that.

[1candc] 15/12/2020 10:02

I sent a secure message to HL over the weekend with my vote, I haven't had an acknowledgement as yet

[trommel1] 15/12/2020 09:53

Paul. I sent a secure message and they then send a message back stating that they voted. I did the same for the AGM in the summer

[trommel1] 15/12/2020 09:52

Paul. I sent a secure message and they then send a message back stating that they voted. I did the same for the AGM in the summer

[paul280i] 15/12/2020 08:55

trommel1, how did you vote, it doesn't appear on HL Corporate Action...yet.

[bigglesbingham] 15/12/2020 08:52

There's a few that take over a week , Tilney for one!

[pharmoutcomeszzz] 15/12/2020 07:49

Giving Barclays a couple of days then will be contacting them. They are normally slow off the mark with these notifications.

[shortarm] 15/12/2020 07:36

Anybody spoken to Barclays about voting?

[cool hand kev] 14/12/2020 19:14

What not even off the addition of £28.85 million to the coffers 🤔

[soulsauce] 14/12/2020 19:13

Cheers Kirbs I am hoping Kerim can put some flesh on the bones regarding new projects as that might light us up again.

I can't help feeling disappointed that the Tavsan can has been kicked along the road again so hopefully Kerim will have something to make up for the shortfall.