Ariana Resources Share Discussion Threads

[konil] 26/1/2021 11:50

would like news of jv completion and confirmation of $37.75m payment having been made to aau.

difficult to understand the delay given the loooooooong lead time they have had prior to govt clearances during which period all partner agreements should have been sewn up especially as ks stated that aau were not looking for enhanced terms due to rise in gp.

hope the new partners have not already fallen out over the terms - current situation is unsettling and cannot be helping sentiment.

[lottsgold] 26/1/2021 11:37

I'm sorry Corrientes but this has been an informative thread people just making negative statements do not add anything. If you would make a case including all the positives and negatives maybe we will listen? How do you value all our assets?

[lottsgold] 26/1/2021 11:31

There aren't many miners doing well at the moment. In the last bull run there was a correction in miners that was similar. Ours feels quite heavy, maybe due to this seller. The bull market hasn't got going yet we just need to see this through, I'll be adding if this price stays down long enough for the finances to arrive.

[lottsgold] 26/1/2021 11:28

I'm all for different points of view but Crescenter is clearly shorting. Saying Kerim was planning on leaving was enough for me to ban him. I may be wrong in doing it so if anyone has an issue I'm happy to discuss.

[corrientes] 26/1/2021 11:27

With the huge volumes of diarreah that has emanated from this thread over a long period now, the physical law that states hot air rises, clearly does not operate here.

[thanksamillion] 26/1/2021 11:16

The price was this low (intra-day)as recently as early November, prior to recovery. I'm in for the long term, and I havn't see anything to indicate the business is anything but strong, particularly going fowrward. So it comes back to... a current big seller, possibly as described by Biggles, a weak gold price, and poor PR. The first two negatives will go away when they are finished. The PR......?

[crescenter] 26/1/2021 10:57

lol.

Watch your profits evaporate.

[crescenter] 26/1/2021 10:50

Now that AAU only have a minority interest in its only producing asset with zero control or visibility over future cashflows to AAU the market will value AAU accprdingly.

Massive error of judgemnet by Kerim.

I suspect that he is on his way out and the cash dividend is his swan song.

[konil] 26/1/2021 10:46

i knew the upside after jv was likely to be slow but i did not expect this drop, chart is beginning to look ugly. had hoped it might trundle along at 4.9/5.0 until the next up leg. need some more positive news soon to stop the rot.

[donald pond] 26/1/2021 10:46

The chart is appalling, looks like it will retest 4p unless there is decent news

[sonoftherock] 26/1/2021 10:44

Getting cheaper by the day...

[jaf1948] 26/1/2021 10:31

But if the selling started in October and there were 20m to get rid of then, it should have run out weeks ago.

Edit: And there's today's drop.

[bigglesbingham] 26/1/2021 10:23

I reckon average of 1m per day

[1candc] 26/1/2021 10:17

Seller still dumping 3 x 150k in quick succession, how many left?

[bigglesbingham] 26/1/2021 09:34

That's being remedied by drilling at kizeltepe.

[bigglesbingham] 26/1/2021 09:18

Not if was three months hence ha ha

[uknighted] 26/1/2021 09:09

biggles 7.489, you were had :-).

[d1g3y] 26/1/2021 09:07

This just helps strengthen the big picture for us. Would love to see the share price higher but believe AAU are doing the majority of things right. My only real concern is the drop of production/grades in Q4 so current drilling results will be very interesting

[5huu] 26/1/2021 08:55

To be honest I never thought I'd be able to pick up such quantity at these levels.

[bigglesbingham] 26/1/2021 08:42

Yea the 250 at 7.489 at 8:23 is mine

[bigglesbingham] 26/1/2021 08:40

Well done I'm trying 4,75 250k

[5huu] 26/1/2021 08:36

Actually on closer inspection, one of my buys is not showing (273305 @ 4.75p?). The other two are.

[5huu] 26/1/2021 08:30

The 4th, 5th & 6th trades of the morning Biggles.

[bigglesbingham] 26/1/2021 08:27

X3 you mean three of them at 4.75?