Ariana Resources Share Discussion Threads

[bigglesbingham] 18/12/2020 08:28

I've said around 40% in short order so don't disagree with 7-8p. But real hike will come back end 2021 with drilling programs for Salinbas Cyprus.

[soulsauce] 18/12/2020 08:26

Good to hear from you CSSF 😉👍

[crossfirecssf] 18/12/2020 08:24

Hi Soulsauce, Thanksamillion et al. I’m fine, but thanks for asking. Just watching and waiting. Despite the wait, things are looking good here and across the PM sector in general.

Gold looks to be approaching the end of it,s healthy consolidation and looks to have the potential to break upwards to the $2200 level,...which would be nice! Next year appears to be lining up beautifully (with a fair wind). GLTA.

[plasybryn] 18/12/2020 01:00

More the merrier

[cool hand kev] 17/12/2020 23:47

Sorry to Butt in but my estimate is 7-8p

[plasybryn] 17/12/2020 22:49

How much are you expecting the share price to gain by Biggles once the General Meeting on 30th ratifies the Deal? Or do you think the full short term re-rate will have to wait for Turkish sign off, presumably sometime in January. Of course we're going to have a second General Meeting to ratify the Special Dividend as well. Do you think there is any other news fairly imminent? Preliminaries a month away. 2021 guidance?

[bigglesbingham] 17/12/2020 21:34

They won't cos it with go through but know what you mean !

[cyberbub] 17/12/2020 21:32

Plus people voting against lose a fat divi!

[bigglesbingham] 17/12/2020 21:23

Fill you boots before the vote , appreciate your comments but the deal will increase shareprice and that's what you in for .

[bigglesbingham] 17/12/2020 20:36

Not in my eyes. Only unknown is Turkish gov but we are reducing foreign holding of a mine is favour of Turkish co and likelihood more Turkish jobs created if it goes through so chances of it not going through are negligible. Once it goes through this is going to be such a opportunity. ! Then we need to concentrate on sorting the broker and marketing out.

[cyberbub] 17/12/2020 20:33

Why would anyone feel that they wanted to vote against the JV?! Surely it would be irrational. Having to go forward and find the money for Salinbas etc ourselves would be difficult even with the current increased cashflow surely? It's a big derisker in my view.

[bigglesbingham] 17/12/2020 20:31

It's 51% of votes cast had it confirmed by MDV . So if 20% votes cast only need 10.02%.

[ironstorm] 17/12/2020 19:56

Don’t forget not everyone will vote. I don’t know the typical % is but if it is 50% of votes are cast we just need to put up a further 5% of the total.

[kirbs4] 17/12/2020 19:41

I think the facts are:Nobody on this board has said they have voted against.We know there are just over 100m shares amongst those who have voted forI only know of one poster who has maintained they would rather not have the jv.So 100% of the people we know have voted have voted for, but we only know about 10% of the company. There is just under another 10% which belong to the board so all in all we can say relatively safely that we have 20% in favour already, which means we need approvimately 38% of the votes we don't know about to get to 51% overall.I feel like an election night commentator.

[cyberbub] 17/12/2020 19:20

Just checking in. Are some people thinking there's a risk of the JV not being approved??

[xow98] 17/12/2020 16:46

It is an Ordinary resolution so should only need 51% of votes cast, not in issue.

[charles clore] 17/12/2020 16:36

I can imagine a lot of shareholders with nominee accounts will not have been informed of the action deadline for voting. I have written to Jarvis but they have backed my email. Obviously have wrong address. Will try again tomorrow. Seems like a conplete balls up to me.

[cool hand kev] 17/12/2020 16:29

Thanks, we’re a long way to go to get 51%

[doinnuthing] 17/12/2020 16:00

Total is 1,075,677,943 taking into account KS's last share options which will be admitted on 22/12/20 (See RNS dated 9 12 2020)

[lottsgold] 17/12/2020 15:56

Haha maybe, I'd be surprised with him being a gold super bull and being in AAU for so long. I guess the grass is always greener and they have been some quick bucks to be made.

[lottsgold] 17/12/2020 15:55

Kev if you go to the financials page it tells you there. Over 1billion.

[cool hand kev] 17/12/2020 15:43

For the record my holding is 1,492,624
So how many shares are there in Issue?