Ariana Resources Share Discussion Threads

[1candc] 12/1/2021 13:55

Nigel Somerville is easily our most vocal supporter producing upbeat reports on the company's progress after every RNS. OK he occasionally advocates top slicing but not of late as he has been steadfastly rating the company a buy up to 7.5p.
He's well worth the subscription to Share Prophets.
In the meantime compare to what we hear from PG...............nothing.
Maybe when the deal is finally approved they will crawl out from under their rock.

[xow98] 12/1/2021 13:27

Ariana Resources – FY gold production numbers & "exciting" copper-gold potential...
BY NIGEL SOMERVILLE

AIM-listed gold producer in Turkey, Ariana Resources (AAU) has released a 2020 Production Results and General Update RNS this morning. So did it make its 2020 target of 18,000 oz gold production from the joint venture Kiziltepe plant?

[charles clore] 12/1/2021 13:23

Quite an encouraging day for news and future plans but a disappointing reaction price wise. Some of the bulletin board favourites with promises but no production whatsoever continue to outstrip AAU in terms of share price.

[trommel1] 12/1/2021 13:18

I would like Kerim to do a couple of interviews which are longer than the 6 minute interviews he did last time. Ariana from my calculations (could be wrong) produced 3712 oz of gold in Q4. That is almost 50% less than Q4 2019 and if this was x4 it is a lot less than 20,000 oz

[paul280i] 12/1/2021 12:58

He's got a long way to go to catch Biggles!

[pauliewonder] 12/1/2021 12:54

He's making sure he stays ahead of Biggles holding :)

[pauliewonder] 12/1/2021 12:52

Yes nice to see a director buy at 5.15p, albeit a relatively modest amount.

[soulsauce] 12/1/2021 12:45

Must have had some change left from his option exploits.

[cool hand kev] 12/1/2021 12:43

A vote of confidence

[thanksamillion] 12/1/2021 12:18

Second RNS today - Kerim buys 108k shares today - brill.

[thanksamillion] 12/1/2021 11:52

All todays trades appear to be in the 5.0 - 5.21 range with one small exception, so why was the mid ever worthy of 5.4? Somethings going on.

Edit.

The more I re-read todays RNS the happier I become. I always intended to be in here long term and the RNS has just made me more excited about the prospects.

[8rad] 12/1/2021 11:43

Its obvious now that the Govt is holding us back particularly with the encouraging news in Cyprus but it means that the resultant rise will be higher and faster so selling now becomes even more nonsensible.

[kirbs4] 12/1/2021 11:28

Balanced as usual Biggles. This is exactly how all LTH's should be seeing it imo.

[bigglesbingham] 12/1/2021 11:12

I always try and detract myself from the share price when an rns comes out and ask myself am I more comfortable with my investment after reading an issued rns than before? The answer here is yes particularly the fact that things are obviously going according to plan and much is happening behind the scenes. Am I disappointed with the share price well I'd have liked it to be higher on this news but it helps clear some of the weaker short term holders and helps create a sound base. It also allow investors who are in for the long term to pick up more stock as what I see as a discounted price

[thanksamillion] 12/1/2021 11:02

Report
A multi-year drive to reduce exposure to U.S. assets has pushed the share of gold in Russia’s $583 billion international reserves above dollars for the first time on record.

Gold made up 23% of the central bank’s stockpile as of the end of June 2020, the latest date for which data on the breakdown is available, according to a report published late Monday. The share of dollar assets dropped to 22%, down from more than 40% in 2018.

[pharmoutcomeszzz] 12/1/2021 10:24

Please let me know if I am being naive here but is it beyond the clout of Ozaltin to ring the correct government department of Turkey and politely ask for an approximate time scale to the decision being announced?
The current vacuum is causing damage to the company and us as shareholders. An idea of when the decision will be announced would at least help planning and firm up two alternative strategies based on the 2 possible results.

[kirbs4] 12/1/2021 10:19

Disagree.. Not agree :)

[cool hand kev] 12/1/2021 10:18

Nice RNS disappointing share price reaction just have to wait for the JV Confirmation

[kirbs4] 12/1/2021 10:18

I keep saying similar JAF.. majority on here are LTH and therefore there is common opinion, but it is only that, opinion. When you look at the fundamentals I don't think anyone can agree this looks a bargain on any traditional metric, but it's not all about numbers and it's not hard to paint an alternative opinion: expected deal has taken 13 months with several missed commitments from management and still isn't signed, the list of other options in this industry who have seen huge share price increases in the last few months is long while this has remained stagnant, and the markets aren't doing what anyone expects in these times of uncertainty on many fronts. People point to "but the share price has risen 150% in the last year" but I don't see that as a reason for it not to dip, I see it as the catalyst for it dipping if momentum is lost (which it has been).I'm a fan of AAU still and still believe in the long term, so I am "on side" with the majority on this board, what I don't understand is why many can't understand this not firing, there are plenty of explanations.

[xow98] 12/1/2021 10:13

NS Article suggested 20k oz, so for those that bought in based on the article it is a miss on the 20k, not the 3.5% ahead of guidance.:

Well firstly the update from Kiziltepe should make fairly heathy reading. Targeted annual production for 2020 was set at 18,000 oz and by the end of Q3 it had chucked out 14,933 oz so if the Q4 production number exceeds 3,067 oz then the annual target will have been beaten. My guess is that number will again be around the 5,000 oz mark, meaning around 20,000 oz over the year.

[lottsgold] 12/1/2021 09:40

Is value investing dead then? I thought people bought shares for the potential growth, I must admit I don't think it's the case in the current market.

[1candc] 12/1/2021 09:07

We get used to any news getting smacked down as soon as the bid increases, one day we will break free

[jaf1948] 12/1/2021 09:03

People on here are still only looking at AAU from a long-term viewpoint. Yes, the RNS was great taking a longer term view - in the short term, it had nothing new to offer so off go the traders bringing the share price down. It's not rocket science.

[claretandbluedave] 12/1/2021 08:59

Great RNS but not sure about the production reports twice yearly though, but in the end there should be lots more information coming through from Salinbas and Tavsan etc.

[dixi] 12/1/2021 08:55

Great report, lousy market reaction and currently little investor appetite. I'm fairly confident that will eventually about-face if AAU continue to report in such a positive manner :-)