Ariana Resources Share Discussion Threads

[kirbs4] 22/1/2021 08:19

So we are a week after the last external box was ticked and no sign of the deal being finalised. Does anyone have any idea how long the signing/filing etc takes in Turkey?

[2vdm] 22/1/2021 07:33

Lets get the money in the bank first from the deal. Then we can think about the future. We are a tiddler so not really on the radar. No bad thing for those who have confidence in our company. I keep adding at these levels as cash permits as I think gold prices will increase substantially over the next few years.

[8rad] 21/1/2021 19:10

Jaf... the wider market has never even heard of us so there in lies our current predicament....Backmarker too much introspection here by our ever so humble Bod.

[jaf1948] 21/1/2021 17:58

My question was rhetorical but thank you for your answer !

[shortarm] 21/1/2021 17:57

To answer your question.Yes :-D

[konil] 21/1/2021 17:48

introspection nicely reworded.

[jaf1948] 21/1/2021 16:40

backmarker,

I agree with you and I'm sure most people on here also agree with you. But clearly the wider market does not see it that way since our share price is the same as it was last August.

This begs the question - are we holders the ones who have got it right ?

[backmarker] 21/1/2021 16:20

Too much introspection here. AAU has effectively crystallised its Turkish operations for a share of a big operating and developing JV which should produce solid future revenues it couldn't release on its own.The future is now Cyprus, plus whatever new fields it acquires post the JV with the new cash.Although AAU has done well as a developer at heart it is an explorer, and a very good one to boot.To refocus on exploration while having a share in a production unit to generate its exploration funding makes a lot of sense.

[charles clore] 21/1/2021 15:39

The price and RSI look like they have hit a safe floor. I would be surprised if this price level was undermined - but I have been wrong before and that's why I still have quite a bit of dry powder despite adding another 250k at sub-5p today.

[konil] 21/1/2021 14:12

plasybryn, thanks. hope company take appropriate actions so share price benefits from some of that exploratory blue sky potential sooner rather than later. with the safety of its income streams and cash reserve and limited debt then with good drill numbers it should rocket more than others, in theory at least. here's hoping anyway.

bod have done well to position aau like this. it is a really exciting exploration investment with potential for multiple bags but without the related risk of going bust.

the cyprus cu/au project seems to give the most near term chance of blue sky. salinbas is probably some way off but once ozaltin get going hopefully not too long. embryonic aau projects (which we have not heard of yet but has been alluded to by ks) some way off of course.

[kirbs4] 21/1/2021 13:00

I find that I get swindled if I do Market best before late morning. It is like they have a pile to catch up on and trades aren't executed for sometimes hours. Whenever I try and buy from 11 ish onwards they seem to go straight through at the share price I am expecting (or sometimes better).

[gerrystewart] 21/1/2021 12:45

Well done! Mines was (still is) also with ii. However, I'm wary of the 'market best' facility. I can't remember ever being pleased at the price received. It just appears to me to give licence for them to pluck a figure out of the air. Good that it has worked for you.

[kirbs4] 21/1/2021 12:37

Maybe, mine was paltry, 41,000 buy so £2k, but I literally just did a market best immediate trade via ii and got 4.85

[gerrystewart] 21/1/2021 12:34

kirbs,

I've had a buy order in at 4.85 for quite a while now which hasn't been triggered so I wonder whether some of the reported 4.85p trades might have been earlier 'sells' which weren't reported at the time of the order.

[plasybryn] 21/1/2021 12:30

I right on your wavelength Konil. Exactly my sentiments. Well said.

[soulsauce] 21/1/2021 12:16

The only thing is who does Kerim communicate to. Don't get me wrong I still feel the PR is shocking. But most of us are very long termers here and know the story inside out and as this is a PI controlled stock any up lift may always be temporary and take a long time to get to where it should be. We know all too well how quickly NS tells his followers to take profits.
That may be the same problem PG have.
Unfortunately we are still paying for the mistakes of the past with the company happy to do shonky raisings with bucket shops instead of getting some instis on board.
Now we are a successful company and there are to be no more raisings the instis don't want to know as they can't have their easy in and pound of flesh.
So the status quo is PIs will continue to come and go as they have always done.

[kirbs4] 21/1/2021 12:13

Yes it is isn't it. Normally, it is clear what is a sell or a buy, regardless of what the ADVFN code displays it as you can normally see within the spread, but today is odd, spread showing at 4.8-5 and buys at 4.85 inevitably showing as sells.

[alchemist5] 21/1/2021 11:51

Kirbs interesting you say that

I have just added two buys of 160,000 shares and 200,000 shares about an hour ago at circa 4.95

As most of the core holders here I continue to add on the dips. Overweight in the share but have a high degree of patience for a strong return into the future and don’t believe there is an material downside to be had in the mid term so will continue to hold and add on weakness

[deanroberthunt] 21/1/2021 11:37

Don't Look Back In Anger....when this explodes, and you've passed up a 15% dividend...

[kirbs4] 21/1/2021 11:33

V misleading trades, I've added a few with my standard monthly DD into isa, showing as a sell but even adding logic around the spread you would still interpret as a sell. Bought at 4.85 this morning!

[jaf1948] 21/1/2021 11:29

It's almost as if our CEO isn't interested, but then again if I had just received a quarter of a million pounds perhaps I wouldn't be so hung up on the share price either.

[konil] 21/1/2021 11:03

ks and mdv have their work cut out to effectively and widely communicate to the market the value add and new profile of the company (i refer not to the cash but to the operational fast tracking and having a local heavyweight on board and scope for aau to undertake increased exploration activities) that has been created by the jv. it is a medium/long fuse item so may not fully reflect in the share price for some time. currently though there is no sign of it in the sp, long term that does not matter because the value will out eventually.

but unless aau can get the message out there and get the share price to respond at least a little before the divi payment we are likely to see the share price down from current levels.

pg/yj need to start blowing the aau trumpet with ks/mdv pushing them as hard as needed or getting replacements. a full broker note with fully revised detail and explaining the new company profile needs to be issued as a starter - not one of their half hearted cut and paste jobs with a few details changed - and a pr campaign organised doing the city rounds (remotely as required) with ks at the front banging the drums.

aau is now a very different beast with exploration (albeit new items being embryonic as yet) making up a bigger slice of its portfolio but unusually for a company of this size and in this space it has much income with significant increases due short/medium term and significant cash reserves to hand to pursue that exploration.

and i guess we need to see stonking drill results from one or more of the existing projects asap.

c'mon aau you have shown what you can do operationally, now get your broker/pr teams earning the money you are paying them!

oh, what the hell, all that is in hand no doubt...just waiting on the jv cash to land in aau's account.

[scotty1] 21/1/2021 08:34

Can buy just under mid at the moment..........Bargain 👍

[deanroberthunt] 21/1/2021 07:49

THE GREAT RESET IS COMING IN 2021.

JUNIOR MINERS ARE WHERE ALL THE MONEY WILL FLOW INTO...SOME GAINS WILL BE TRULY GARGANTUAN, YOU'LL SEE 1000-2000% RISES IN SOME INSTANCES