Ariana Resources Share Discussion Threads

[thanksamillion] 12/2/2021 15:00

trommel1

I dont understand, a protest against who, all you are doing is penalising the Turkish employees, who for whatever reason cannot cash in their bonus's.

Plas

Dont ask why the world is crazy, just keep picking up the shares at these low prices.

[plasybryn] 12/2/2021 14:47

Reference our Cyprus interests via Venus, have you been watching the copper chart.
I wish I could post the chart but couldn't find how to do it. Anyway, last March 2020 the price of copper was c.$2000. Today it is $3746. How much value, if indeed any, do you think we have in our current Market Cap. for our copper interests? Or we could look at Silver which has gone from $15 per oz to $27 per oz. And finally Gold has gone from a low of $1472 to $1820. When are we going to get real?

[trommel1] 12/2/2021 14:08

I have just over 1% of the company and started investing in them since approx 2014. I am not happy with how they have been communicating with the shareholders. I have decided to vote against resolution 3 (share purchase) as a protest

[bigglesbingham] 12/2/2021 11:24

I don't know how the company could be clearer re the buy back it's to facilitate workers selling and when the company buys shares back it at a what is a very undervalued price. A win win. It's not to buy directors options. And Paul totally correct.

[konil] 12/2/2021 10:37

at this rate i do hope they get the divi out in time for xmas 2021!

hopefully jv completion will be announced soon that should nicely rejuvenate the share price

on the operational front i fear everything new may be on hold until the jv is actually completed.

[soulsauce] 12/2/2021 10:34

Shortarm, correct.

[8rad] 12/2/2021 10:31

Paul..I used the term support not massively impact...but hopefully it will mean the same thing.

[shortarm] 12/2/2021 10:30

Forget share buybacks, mining twice as much from RR and opening Tavshan will have the huge effect we're looking for. Then Salinbas, Cyprus and whatever else Kerim has his eye on!

[paul280i] 12/2/2021 10:19

Plasy, my worry is that when those who think the buyback will have a massive impact on the share price and it doesn't happen will start criticising the directors and using it to de-ramp the company.

[plasybryn] 12/2/2021 09:13

Spot on Paul. I totally concur. Nothing to fret about.

[paul280i] 12/2/2021 08:53

I think you are reading too much into the buy back, it will just be small amounts bought from employees in Turkey and sold back into the market.

[8rad] 12/2/2021 08:28

Pros and cons here... the potential buyback of upto 50 million shares here should certainly support the share price going forward... however at current levels this will create a potential £2.5 million slush fund for future rewards. At least todays newsflow shows that they need to be very transparent in their future dealings otherwise.....

[mcmather] 12/2/2021 08:18

This sounds like quite a bit of mither for the "occasional purchase of employee shares"; is the real motive xow98's #3655 post above?

[xow98] 12/2/2021 07:46

Nothing in the Q&A about cancelling the purchased shares, so that is up to 5% of the equity that will be available as a management incentive.

[lottsgold] 12/2/2021 07:32

Start of the confidence rebuild hopefully.

[soulsauce] 12/2/2021 07:29

Nailed it paul nice one. At least that answers my concerns.

[paul280i] 12/2/2021 07:25

See post 3545, I do know what I’m talking about!

[actonovator] 12/2/2021 07:23

And it clarifies the JV completion unrelated to these GM events

[driver101] 12/2/2021 07:14

Q & A

.

[renniks2016] 12/2/2021 07:12

he potential buy-back of the Company's shares is primarily focussed on the occasional purchase of employee shares to assist them with what would have been an otherwise difficult process of realising their shares received via the Company's incentive scheme. It is not intended for the wholesale purchase of the Company's shares via market purchase or the purchase of director's share options.

[plasybryn] 12/2/2021 07:09

The Co has delivered on its promise and provided a helpful Q&A today on their web site. Onward & upward.

[bigglesbingham] 11/2/2021 09:44

They doing the solicitor stuff like getting paper work ready to change licenses and ownership immediately on completion I assume. Must be a lot of paperwork much of which couldn't be done until they were definitely going ahead. So think we assume it's done and all progress re drilling salinbas being prepared for. With this timing of dividend say May , drilling will have started in salinbas and many will convert dividend into further shares on basis of results at salinbas which will mean the share price imho will increase post dividend not drop. May be a bit of volatility around this time but it's not going to be like a normal div and share price goes ex div. This should be a cracking year for news flow and if salinbas and Cyprus are anything like the board anticipate then who knows.

[lottsgold] 11/2/2021 09:24

I'm hoping that is before the drill results but we all know that ones a bit hard to judge! Near future is all I retained on that front.

[actonovator] 11/2/2021 09:00

So what's the thinking on the completion of the JV? Can it still drop anytime or are we waiting on the GM timetable?