Ariana Resources Share Discussion Threads

[soulsauce] 17/2/2021 15:17

Nicely 5huu good to have you back.

With vast parts of Salinbas, Cyprus and one or more new assets we will have excellent leverage towards copper and in the medium term that is only going one way.

[5huu] 17/2/2021 15:01

I must buy a lottery ticket at the week-end! After posting yesterday I was thinking I was topping up my holding to my original 2m shares, I didn't quite get there yesterday, but I made a good leap towards it. I certainly didn't expect the RNS to land the day after! That doesn't happen very often (at least to me). Let's hope this news can give the seller an opportunity to clear and we can find a new base to move forward from. It would seem the new JV partners are keen to progress, as is Kerim by the sounds of his tone, so looking forward to keeping abreast of things again. Onwards & upwards.

[xow98] 17/2/2021 13:50

Just popped up @4.6

[bigglesbingham] 17/2/2021 13:49

Buy showing now 279

[jaf1948] 17/2/2021 13:49

Exactly, biggles. Timing is everything and today was the time.

A classic line from "Pirates of the Caribbean": 'If you were looking for the opportune moment - that was it'.

[lottsgold] 17/2/2021 13:48

My preconceptions of this having a big rise at any point went quite some time ago. The general market is not in the same place it was, gold is backtesting again and we've lost a lot of our base shareholders. This is a rebuild project not a WSB to the moon scenario. Patience and PR required! I finally got an email back from Beril today, explaining the Directors were busy finalising the deal. I asked her to let me know if there is anything PR specific planned so will hopefully hear back soon,

[bigglesbingham] 17/2/2021 13:31

A concerted approach on rns broker note and document for investors as to where we have come from , where we are , and where we are going would have been my ideal. But we all know their promotion isn't slick. Allowed me to add again although I don't think the 279k is showing yet.

[shortarm] 17/2/2021 13:12

Maybe tomorrow Or the day afterLet the loose hands let go and let stronger investors reap the rewards.!

[charles clore] 17/2/2021 13:08

I have to admit frustration at the price performance today. What a fiasco! The news revealed nothing new and the share price reacted accordingly. I would have expected PG to have prepared a blockbuster note to release with the news. Friggin useless!!

[dixi] 17/2/2021 13:08

About right, just not exciting many new investors. There is also the recent issue of the price not reacting especially well to hotly anticipated news announcements.

[pranchalee] 17/2/2021 13:05

Can’t get my head round this share,clearly unloved

[1candc] 17/2/2021 12:21

I've lost count of the number of times good news initiates a flurry of buys followed by an even greater number of sells, it is almost perverse considering what is on offer here. Reams of posts have been written about getting the message out there and sadly and frustratingly nothing has worked, it's like the share price inhabits the twilight zone of investing. No wonder people have drifted away but the company must be responsible for promoting itself and in that regard they are an abject failure.

[konil] 17/2/2021 12:13

yes hoping lessons have been learnt and also that an effective pr campaign will now start.

also hoping as many loose hands as possible let go today including any large sellers taking the opportunity to sell into the blue.

if we remain blue at cob good but if not its still ok because today should have cleared out a lot of traders / loose holders.

with jv finalised this has got to be one of the strongest mining juniors around, cash in bank sufficient for forward ops for forseeable future and a big divi, cash continuing to come in from producing mine with big capacity increases due this year, second mine onstream in 18 to 24 mths (or perhaps sooner with ozaltin muscle behind it) and some very tasty blue sky work at salinbas and cyprus pretty much fully funded, and new blue sky ventures ks will announce in due course.

and a regular divi programme cant be that far away, 12 months or so?

if pm bull resumes this year...well, one can only imagine...

[kirbs4] 17/2/2021 12:04

Whatever your opinion of the deal, the fact there is money in the bank at a disproportionate % of the mcap makes this undervalued even without taking into account resources etc.Unfortunately the share price response to the news is confirmation that the 'how' is indeed as important as the 'what'.12 months ago people were claiming 40% jump on news.. Due to the way its been handled/communocated/delayed we sit 25% below previous highs with a 5% jump on transformational news.Lessons have to be learned from this. No matter how good the JV turns out to be in finding resources, if they can't manage the market it will be in vein for shareholders.

[plasybryn] 17/2/2021 11:25

Hopefully the Co. will over coming months start to articulate all this resource stuff etc. clearly, so investors (current and prospective) can totally appreciate the opportunity here. It's not rocket science.

[plasybryn] 17/2/2021 11:23

Lets not forget its not just the combined total JORC resource of 2.1m ozs of gold. there is also a lot of silver and Copper in Cyprus.
And importantly at Salinbas we have a JORC Exploration Target of up to a further 2.7m ozs gold and 16.1 m ozs of silver with potential for further resource extensions.
I'm looking forward to the fully funded drill programme at Salinbas, but also at Tavsan (drilling starts Spring) and at Kiziltepe where there is 4000/5000 m - 2 Rig diamond drill programme underway to test vein extensions at Arzu South and North, Derya & Banu. Basically working both ends of the hill moving towards the centre.
In his words in the RNS Kerim says: "making our J.V. one of the most significant gold mining ventures in Turkey". If you were to research other Turkish mines and their value I'm sure this would make ours look totally unrepresentative.

[paul280i] 17/2/2021 11:10

Can anyone explain "Periodic Auction Call"?
Thanks

[shortarm] 17/2/2021 10:50

Wow, let’s all create a massive mountain out of the tiniest of mole hills!

[mcmather] 17/2/2021 10:44

I remain unconvinced by the explanation given around the share buyback, but if the buy back also coincides with the dividend, and folk re-invest the dividend by buying more shares, that might well create a virtuous cycle.

[bigglesbingham] 17/2/2021 10:37

Your missing a very important point here and that is the magnitude of the dividend. share price tend to drop if dividends are used for income. Here the dividend will be substantial enough for many to reinvest especially as I've previously stated it's likely to coincide with salinbas drilling updates. Thus demand will mean share price may dip very short term but rebound very quickly . But we will see. I've stated this many times but don't think people agree because getting the same divi reduced share price arguments. Time will tell.

[5huu] 17/2/2021 10:18

Clearly the seller is still in town. Let's hope they're near to clearing.

[royalalbert] 17/2/2021 10:13

Moan with the good news, moan with the bad news, geez you could not make it up.

[nov31] 17/2/2021 10:07

Well done Kerim! All good things come to those who wait.

[soulsauce] 17/2/2021 10:05

someuwin is correct to a certain extent.
Where I disagree with him is the company will already likely be coming from an undervalued position. Find me another company with 23.5% of 2.1m oz total resource and 'two' big JV partners valued at 50m with 15m of it in cash post divvy.
Kerim knows what he needs for new assets and to progress them.
Some shareholders will reinvest their divvys back in the company, especially if we have had plenty of good news in the meantime.