Ariana Resources Share Discussion Threads

[kaos3] 06/1/2021 14:51

BB - as licences are great - why did AAU not get surrounding ones lately? did some one else got them? did not look at it - as a gardener my stake is of hobby proportions and hence did not look. do you know this aspect - licences in the neighbourhood in the last 18 months. I would expect lots of action....

[cool hand kev] 06/1/2021 14:49

Perhaps the seller considers better short term options elsewhere

[kaos3] 06/1/2021 14:44

yes. maybe. are potential buyers co-controlling the process??

just thinking aloud and speculating (spectare=to observe) about what is going on. in fact I have no idea - and you know zillions more

[bigglesbingham] 06/1/2021 14:38

Too simplistic if buyers were lined up what timescale would you be talking about to get it done etc . The deal has been in the making a long time prior to disclosure in nov 19 surely. In effect back to square one.

[kaos3] 06/1/2021 14:35

if I would be Ozaltin for example I would buy it all after the divi. specially as it is small sum and geo strategically concentrated and important

[kaos3] 06/1/2021 14:28

the seller knows the deal will happen, knows the divi will be paid, knows the exploration potential, .....

and keeps selling. despite the value and logic. meaning his reward must be somewhere else probably.

it goes on for months so it is neither forced or for tax reason.

all imho

[soulsauce] 06/1/2021 14:16

It all depends on the completion Rns in my opinion.
Kerim has to spell out as positively as possible what he has planned in order to grow that money and the company in a timely fashion.

[kaos3] 06/1/2021 14:16

whenever there is no TR1 despite persistent large selling, evidently dumping the usual lot when the share price rises, when there is unreasonable low valuation despite reason, share price moving in a predictable range - I learned to accept the usual (following) fact of life - whatever that is ;)

happens more and more on AIM unfortunately

TA double head did its work despite ridiculing me for that observation some time ago

[kirbs4] 06/1/2021 14:12

Maybe you are right Charles.I just think they have a melting pot at the moment whereby no shareholder really benefits by remaining stagnant. If you are a short termer you will see other opportunities and if you are a long termer you already have decent profit which is at risk if this deal doesn't get through, and also have been waiting years for this moment which the company have seemingly little urgency about. All just impressions which the communication issues biggles is flagging would resolve.One thing is certain, they are certainly not Arianna with attitude.I'm far, far from an expert, but my target here has changed, this time last year I saw 10p as achievable quickly and we were sat down in the 2's, now without momentum I see this maybe rising to 6.5/7p on completion, maybe, and the potential for blue sky is sitting in the longer term exploration of Salinbas. Question I therefore have to ask is: am I more likely to achieve better than 25/30% gains elsewhere in the next year.

[charles clore] 06/1/2021 14:04

Kirbs I agree this has lost momentum and there are many other opportunities out there so maybe we will just have to rely on the rising tide of precious metals that will lift all ships. I'm not even excited by the deal prospect anymore. I think AAU could make it quite easily alone or with Proccea. If gold goes to $3k an ounce buyers would be lining up outside for Salinbas imho.

[kirbs4] 06/1/2021 13:54

Agree Plas, there is a tendency here to think we are invincible and people are quick to attribute lack of share price progress to one or a few sellers. I'm not saying it isn't, just that there are other explanations. Ultimately we are over a year since this MOU was announced, have been given several deadlines since then all of which were missed, and it still isn't signed. How many companies have we all invested in expecting quick gains from impending news only for management to over commit and fail to deliver. I suspect a number of new investors who hopped on board as part of the rise since last year will be in that boat.As you also mentioned Plas, there are a lot of high performing shares in the last few months that may be more appealing particularly if looking at this sector. I said a few months ago I think it was, I took some off the table here due to another missed deadline, and the likes of CHF, PALM, ECR and PUR have done me very well with that money in that time. Personally I remain invested but I'm nowhere near as committed as I once was as it feels like the momentum/opportunity has gone here when it comes to blue sky and realistically it is now just another long play again. Just my opinion.

[charles clore] 06/1/2021 13:23

Sorry I meant to say only selling not finally

[charles clore] 06/1/2021 13:22

Biggles - are you sure it's finally selling? Could be shorting by a consortium as well as the total sales over the past several months must run into the tens of millions and as yet not a sniff of a TR1

[lottsgold] 06/1/2021 11:53

Think were all in the same boat and feeling more than a little frustrated. Did anyone raise these points in the recent Q & A, if so what was the reply?This is where we see if Ozaltin have any sympathetic ears in government or not!

[paul280i] 06/1/2021 11:45

corrientes, if you had bought at around 1p how would you feel now?

[red imp] 06/1/2021 11:29

I'm just hoping that there is substantial newsflow waiting to be released upon the completion of the JV. I know this delay is irritating however, as people have stated before on this board, it is out of AAUs hands. Remember how long the Kiziltepe licences took to sign off - we may be in for a long wait yet.

[corrientes] 06/1/2021 11:27

All this luvvy duvvy here. The Board know exactly what message they want to convey to investors. Easy when you have such a suppliant audience. Good for a laugh though.

[uknighted] 06/1/2021 11:16

If you go on the gov.uk you can apply to pay your Jan 31 tax bill in instalments starting now. No penalty for doing so.

[plasybryn] 06/1/2021 11:03

There are a number of very exciting shares around at the moment which have really enjoyed spectacular returns over 12 months and even over the last few months. I'm sure the lack of progress here makes it very difficult to swallow for some investors especially given those lost gains elsewhere. What makes it worse is the apparent lack of focus on communication by the Co. as has been so well aired recently. Everything may well be progressing fine with relatively short timeframes, but currently it feels like being the preferable mushroom. In the dark. That RNS to announce the 100% ratification of the Deal by shareholders was frankly pathetic. What an opportunity to say something of substance; but no nothing. It is hard to credit at times like this that the BoD is either switched on or indeeds cares. I hope Biggles gets his large shareholder communication to the BoD sooner rather that later, as there is a desperate for Ariana to up their game, else and understandably, there will be a lot more sellers looking for greener pastures elsewhere. Rant over.

[bigglesbingham] 06/1/2021 11:00

The bland communication stating 100% passed resolution didn't help. Another example of not making the most of good news. On bright side this last five months has created and extremely strong base over 5p

[bigglesbingham] 06/1/2021 10:58

They are unlikely to know who the seller is. That's the only problem. Introductions need both parties to act independently with same goal.

[soulsauce] 06/1/2021 10:48

Very true dixi and at this stage with PM's as they are it is a worry.

[dixi] 06/1/2021 10:47

I suppose I'm stating the obvious, but large seller or not, the problem is really a lack of committed buying still.

[konil] 06/1/2021 10:40

well, if they are trying to meet a 31 january tax deadline then hopefully come feb the selling will stop!

[gamesplayer] 06/1/2021 10:39

Of course, it could be more than one seller with the same issue.