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Share Name Share Symbol Market Type Share ISIN Share Description
Ariana Resources Plc LSE:AAU London Ordinary Share GB00B085SD50 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 4.90 4.80 5.00 4.90 4.90 4.90 1,022,712 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 5.1 0.5 10.9 53

Ariana Resources Share Discussion Threads

Showing 27851 to 27873 of 42675 messages
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DateSubjectAuthorDiscuss
21/10/2019
10:37
Charles, it will happen. Its just a matter of time, and is frustrating because recognition could still be some time, even years, off. Tavsan development and the prospect of a doubling of production will surely wake the market up if it hasn't happened before. Or a remarkable discovery at Salinbas/Ardala, putting flesh on the bones of the rather 'up in the air' feeling that we get in that area. Maybe a JV there for a substantial amount would kick start? I think there is a pent up momentum that once it starts will make these doldrums a bad memory. Frustrating it may be, but in fairness the company are beavering away slowly but surely making a controlled development across all prospects. We just all need patience (for a bit longer). Who knows one day we could even get bad news - I cant remember the last time we did!
jaynesdad
21/10/2019
10:21
I love the enthusiasm on this thread and those results are astounding. It wouldn't surprise me to see 27k oz production for the full year. It's a shame that it doesn't automatically translate into an increased share price but I'm sure that will come eventually. Just needs a kickstart from someone. I wonder if any independent brokers would be interested in promoting the story.
charles clore
21/10/2019
09:56
Good results as we smooth into the new pits. Lots of silver! Have to wait for financials but in the meantime we can have a pretty good guess. Given the amount of news in the last week, including todays, will we get an interview or will they wait until the financials this time next month? Nothing here disappoints me, except of course the share price reaction but then we are used to that. I'm afraid the buying to elevate the share price can't come from me even if I want to, you need to look elsewhere!
jaynesdad
21/10/2019
09:22
With the silver it will be more like $1650 I think...very good figures which probably means bank debt could be cleared right now if they should wish.
8rad
21/10/2019
08:34
Under promise,... over perform. All day long. Suits me down to the ground. Great results, just would have liked to hear the average au prize oz. Has to be closing in on $1500... :o)
crossfirecssf
21/10/2019
08:09
Very pleased with today's figures
charles clore
21/10/2019
07:31
Yes look very good.
soulsauce
21/10/2019
07:13
Nice! Can't knock these results. A share price of 2p looks increasingly like a bargain!
nov31
21/10/2019
07:09
RNS - ''this quarter has resulted in one of the best revenues in the history of the operation.'' Q3 2019 PRELIMINARY PRODUCTION RESULTS Ariana Resources plc ("Ariana" or "the Company"), the exploration and development company with gold mining operations in Turkey, is pleased to announce its preliminary production results for the quarter ended 30 September 2019 for the Kiziltepe Mine ("Kiziltepe" or "the Project"). Kiziltepe is part of the Red Rabbit Joint Venture ("JV") with Proccea Construction Co. and is 50% owned by Ariana through its shareholding in Zenit Madencilik San. ve Tic. A.S. ("Zenit"). Third Quarter Preliminary Production Results*: -- Gold production for the quarter was 6,933 ounces (Q2 2019: 6,438 ounces), exceeding average annualised quarterly guidance by 11%. -- Total ore processed for the quarter was 55,174 tonnes (Q2 2019: 48,132 tonnes) at an average head grade to the plant of 4.47 g/t gold. -- Quarterly open pit ore mined was 47,933 tonnes, at an average mined grade of 4.95 g/t gold, and total material movement for the quarter was 1,068,404 tonnes. -- Average metallurgical plant recovery of gold for the quarter remains high at 93.7%. * All figures are given gross with respect to the JV. Dr. Kerim Sener, Managing Director, commented: "This third quarter continued to demonstrate the positive performance of the Kiziltepe mine and plant, including record mill throughput at over 55,000 tonnes. With gold production for the period just shy of 7,000 ounces, taking our total production for the year to 20,667 ounces, and a favourable gold price environment during the period, this quarter has resulted in one of the best revenues in the history of the operation. "We remain fully on track to deliver against our guidance of 25,000 ounces of gold for the year, derived from the remaining production expected at the Arzu South pit. Meanwhile, mining activity has commenced at the Derya pit and we look forward to seeing the development of this part of our operation."
temujiin
21/10/2019
07:08
Excellent stuff!!!
shortarm
20/10/2019
19:43
The future value of AAU depends, for me, on whether you look short, medium or long. Short is a comfortable transition from Arzu South to Arzu North & Derya without significant drop in production/ hiccups, confirmation of repayment of the loan for Kiziltepe, sale of Kizilcukur into the JV and resource/reserve update at Kiziltepe. Medium term is the successful production at Tavsan, massively important as it doubles production. Long term is a roadmap for exploitation at Salinbas/Ardala. Throw into this heady mix institutional investment and press interest. The latter is the most important thing, I think, if we are going to get a proper valuation at this point. Its stretching out longer than I originally hoped, but I am hanging in here, maybe I will reappraise if Tavsan doesn't come in as hoped - I would be more than disappointed if Tavsan comes in and we are sitting at less than 5p per share - 5p gives a MC of c.50m, with Tavsan (loan repaid) we should have £25m net income p.a. - hardly an unrealistic valuation.
jaynesdad
20/10/2019
17:02
Sounds like brilliant timing with SXX. Well done sir.
plasybryn
20/10/2019
17:00
Bottoms up to you too!
plasybryn
20/10/2019
16:58
All good stuff Charles. I want to see them increase the Resource & Reserve at Red Rabbit giving at least a 10 year mine life. Those two ticks plus ostensibly free of debt Q1 2020, will I hope be the last hurdles to bring in Institutional Investors. What else could they want? At that point, when the drill rigs are about to start again at Salinbas, Ariana has surely got to be a no brainer investment. Well it is now imo, but by then there isn't any more de-risking that is conceivable.
plasybryn
20/10/2019
16:55
JaynesDad - Tavsan seems a good choice to prioritize. However I feel folk were trying to equate Ariana with another "Hot Maden" and then found out that Salinbas development might be somewhat futuristic. I'm too well aware that I am seeing more wrinkles in my shaving mirror these days. It was the longevity of the project at Sirius (SXX)which decided me to sell my total stake therein and add to my AAU shareholding. (In the light of recent happenings, I am very glad I did. SXX really are into the fertilizer imho). Iechydd da !, Plasybryn.
desertjoe
20/10/2019
16:22
Yes JD the Scoping Study for Tavsan had an amazing 80% IRR and payback of 1.1 years on $20m initial capital.And a NPV of $42m. Cash costs of $630/oz with production of c. 30000 ozs Au p.a.
plasybryn
20/10/2019
10:52
Wales have won
plasybryn
20/10/2019
07:53
That accords with my thinking totally JaynesDad. Possibly gold & silver are worth more per oz by then of course. What do you think is a realistic Market Cap? Five times earnings? Ten times?
plasybryn
20/10/2019
07:44
plasbryn, desertjoe, I remember reading that payback on the Tavsan loan is planned to be 1.1 years. So if things go was planned, which is of course open to question, site work will start late 2020, be finished and in production start of 2022, loan paid off first quarter 2023. Then our share of JV production is a debt free 25000 oz pa, say £25m net income a year. That is of course if it goes to plan.
jaynesdad
19/10/2019
23:58
Understood Plasybryn. I've always had concern at the dilutary effect of increased loans but, in fairness, Ariana has trod carefully and if such were necessary to bring Tavsan or any other of their sites quickly into production I am sure they would be intent of paying it off asap.
desertjoe
19/10/2019
22:52
Charles - can you share with us some more of your thoughts as to how you arrive at 10p next year or is it just wishful thinking?Derertjoe- Perhaps we shouldn't count an overdraft type facility in the same breath as the CAPEX debt to build the mine, which will of course be cleared by Easter 2020. But as you say we could be completely debt free by Easter 2021 although perhaps by then we will have taken on a loan to fund Tavsan.
plasybryn
19/10/2019
22:06
Interesting points, Charles. Previous share price drops seemed gradual and in tandem with periods of lack of RNS or news from our BoD. Nevertheless I was surprised when it fell back to 2p . Thereafter the situation on the Syrian northern border obviously frightened some investors - perhaps to the point of foolishly (imho) selling out. I also believe that Swallows' (recent post) has identified another relevant trait. However much as I relish 10p next year I have some doubts, mostly because our recent good news from Company sources appears to indicate a greater time span than had been thought before major schemes and greater productivity came to fruition. It looked like debts would be sorted by the coming Spring....but it seems there were a few things to be added in. (according to LSE chat). Sorry, Charles, but I think 10p is rather premature. I was right in my predictions for 2p by last Spring and I have (on record) predicted 3p by "early next year".
desertjoe
18/10/2019
17:30
I would like to see Ariana appear as one of the shares of the week (or whatever they call them) in Investors Chronicle. I used to read IC but then thought it was a bit naff but a) big circulation, not only buyers/subscribers but people like me who sometimes have a crafty look at WH Smiths b) massive boost the week they are picked c) frequent follow up articles on their tips over subsequent weeks.
jaynesdad
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