Ariana Resources Share Discussion Threads

[doinnuthing] 17/12/2020 15:22

For info: Just done a quick reckoning of the votes declared with holdings above so far amounts to 109m which is just over 10% of issued shares. Then the Directors interests are 87m to go on top of that.

[bigglesbingham] 17/12/2020 15:20

Sure he/she ain't the one who's sold out??

[thanksamillion] 17/12/2020 15:01

CrossfireCSSF last posted 10 days ago, I too hope he is ok.

[lottsgold] 17/12/2020 14:51

Now you mention it it's surprising not to with the big move in gold!

[cool hand kev] 17/12/2020 14:15

All done.

Thank you for your secure message regarding your voting instructions for
the upcoming Ariana Resources Plc meeting, your vote in favour of the
resolutions has been submitted today.

[soulsauce] 17/12/2020 13:47

Got ok message from HL all done.

Anybody heard from CSSF? Hope he's ok.

[drh3] 17/12/2020 13:31

Have instructed HL to add my shares to the vote

[cool hand kev] 17/12/2020 13:20

Ticking up slowly 😄

[red imp] 17/12/2020 11:20

Well it was a little difficult persuading Barclays that there was actually a corporate action outstanding, but eventually managed to add my 8.5m to the yes vote.

[2vdm] 17/12/2020 10:47

Positive youtube video above. Thanks toyin for pointing it out.

[xow98] 17/12/2020 10:47

Confirmation from HL, 6m for.

[paul280i] 17/12/2020 10:35

I've just had confirmation from HL. Add 16 million to the yes vote.

[ironstorm] 17/12/2020 08:55

My 6m+ voted now via a secure message at AJBEll and Corporate Action at II. Got a few others at HL not heard back from them yet.

✔✔ 004;

[renniks2016] 17/12/2020 08:36

Things are certainly taking shape, pleased to say just as I thought and hoped they would, clearly due a rerating in the next quarter, if not sooner. Buckle up people I think she's going to blow.

[plasybryn] 16/12/2020 22:15

Gold's going to breakout to the upside - buyers held 1850's on the first test - can't see it not heading back to 2k from here.

[bigglesbingham] 16/12/2020 20:38

I agree I just think the production derisks exploration and does give potential divi so we aren't poles apart believe me.

[bigglesbingham] 16/12/2020 19:22

Get that but I'm saying the cash from JV means less reliance on tarsvan and kiziltepe . You'd go a long way to find a more derisked explorer.

[konil] 16/12/2020 18:31

re. the seller(s), would it be reasonable to assume they have not finished yet, else mm's would have marked it up given that they can see the selling is being absorbed and without it they would soon be short of stock?

[konil] 16/12/2020 18:25

bb, i would not have invested here were it not for the fact that aau is a producer. my rationale is that i'm looking for safer plays than pure exploration and with tavsan on the horizon it seems a good increase will follow (though now seemingly somewhat delayed). the production income reduces the likelihood of dilutive fundraisings, and has enabled aau to repay debt, which reduces default risk. i also like the fact that they have a relatively small mkt cap, leaves lots of room for increase.

i know you have been here many years and have been through some of the things i've mentioned above (dilution, fundraising, etc.) and are now reaping your rewards. clearly you were looking for the early stage exploration play that aau was when you first invested, and now with the jv cash aau will soon have plenty of cash to continue that exploration with existing projects and new projects!

so the best of both worlds but the production is an important element for me. without it there would be no chance of regular dividends which is very much on the agenda in the not too distant future. (the one-off divi is a nice big bonus too!)

and once salinbas gets into production it should enable a step change in the divi. and cyprus of course.

i too hope to be here for some time but i guess different mindsets - though aau's characteristics and stage of company development appears to accommodate that.

lastly, i think pm investors will do well from what i think will be a continuing pm bull as the covid fallout continues to hit economies for some time to come. the scale of money printing probably nowhere near reflected in the rises to date. i'm told that pm price moves are magnified 3 to 5 times (up and down) by miners, so lots to look forward to if it goes that way.

sorry for the ramble, just trying to explain why for me the production is an important aspect together with the exploration.

[charles clore] 16/12/2020 18:00

Quite miffed by the volume and price action in the current period. Expected it to be flying by now tbh

[charles clore] 16/12/2020 17:58

Can't wait for them to announce the installation of a second ball mill at kizy. Then we will know that serious increases production are almost there

[1candc] 16/12/2020 17:32

Biggles did say he thought the big seller was active and holding back any share price advance and now we see the late reported sale 11:15:56 5.23 1,500,000 78.45k
I sincerely hope it's not a Director sale, but whoever it is they cast a long shadow over the share price action here, I think over the last few months we would have regained the mid 6's at the least if it wasn't for these scale of transactions. A bit depressing really on an upbeat day for the company, someone likes raining on our parade.

[lottsgold] 16/12/2020 17:26

Hope that's not a director deal again:(

[lottsgold] 16/12/2020 17:26

In the presentation it says up 325,000oz extra potential I can see why they want to get the drills over there sharpish.