Ariana Resources Share Discussion Threads

[littlebrug] 25/2/2021 12:05

Does this explain todays share price action?

ANKARA: Fears of a new conflict between Turkey and Greece have soared after Ankara sent a new scientific research vessel into the Aegean Sea.

[zedder] 25/2/2021 09:44

Hopefully a special dividend will turn out to be a boost to the share price, as some that receive it will immediately reinvest.

[shortarm] 25/2/2021 09:38

Kerim did say he was 'sitting on a war chest' ?

[konil] 25/2/2021 09:37

soul, not sure the cash is actually in aau's bank yet, would they not have to rns receipt of such a large amount?

[plasybryn] 24/2/2021 23:07

General Meeting is on Friday to approve Capital re-organisation etc. a necessary step towards paying a dividend. If you are asking about this I assume you haven't yet voted. Please contact your Nominee Co. to vote on your behalf, if as most, you don't hold the shares in your own name.

[soulsauce] 24/2/2021 23:03

They are doing both.

[a.fewbob] 24/2/2021 22:54

What is the big deal about a special divi???

I’d rather they used it to invest in further expansion.

[soulsauce] 24/2/2021 22:42

You're welcome millwall.

No the JV is done and dusted and money in the bank but there are just a few minor regulatory issues to get the go ahead to pay the divvy.
Don't leave it too long just in case they do have an inclusion date.

[millwallfan] 24/2/2021 22:18

Thanks SS I thought I had missed something having read some of the posts.

[soulsauce] 24/2/2021 22:04

No and no millwall.

Many suspect around 0.8-0.9p but still a few hurdles to jump before definite date.

[bigglesbingham] 24/2/2021 19:27

No sweat and SVE and GGP share same director.

[zedder] 24/2/2021 18:50

Many thanks for your thoughts. I'll sit on my hands for now I think. I've ended up with a couple of shares in my wife and my ISAs which are very overweight. 1.2m AAU (32% of our Stocks & Shares investments) and 475k SVE (50% - SVE is pretty much a straight play on GGP though as they have 82m shares). I'm thinking I need to spread the risk more pretty soon!

[bigglesbingham] 24/2/2021 16:19

Sure they will be in discussions at least I'd hope so considering they stated they are sharing rig

[soulsauce] 24/2/2021 15:48

Chf have stated the diamond drill rig is in their compound and the percussion drill team already on Cyprus.
As Chf don't intend to diamond drill until May after they have done all their pre test work.
I am wondering if we can start our next diamond drill campaign as soon as the weather improves?

[bigglesbingham] 24/2/2021 15:43

Seller still around

[soulsauce] 24/2/2021 15:42

Quarterly update tomorrow?

[shortarm] 24/2/2021 14:13

Bit more interesting today! Is everyone selling their CHF and putting it in here?

[konil] 24/2/2021 12:25

nicely put!

[bigglesbingham] 24/2/2021 12:02

I just reduced holding on CHF and moved more into AAU. I'm not saying CHF is overvalued but AAU is a safer bet in my eyes. I think the assets Venus have with confirmed resource is better than CHF and it will take some time for CHF to confirm a resource. I believe the strategy for AAU moving forward is to develop JVs to find resource then sell on to producers while keeping the cash cows and their jewel salinbas. They have plenty to go at with Venus . Why pay £11m for CHF when they have 50% of Venus which is currently valued at zero on AAUs books.?? The market would just not value the purchase inmho . The strategy is simple concentrate on what your good at or stick to knitting (Sir Christopher Hogg Cautaulds) kerim is an excellent explorer he has a company which is self funding what they are best at and returning cash to shareholders. Simples.

[dixi] 24/2/2021 11:40

Can buy at a shade over 4.5

[thanksamillion] 24/2/2021 11:34

Spread now 4.4-4.8 seems high.

[konil] 24/2/2021 11:34

wonder if the seller has finished or just taking a breather waiting for a tick up before next tranche.

[konil] 24/2/2021 10:57

‘next ten bagger’

that's aau, you heard it from the top man!

[soulsauce] 24/2/2021 10:56

Spot on Shortarm.

It is a pointer to where to where the rich VMS deposits are which will now be drilled with the new campaign.
If they are on the fringes of VMS deposits then the next results could be very good but a while off now.

Personally being a holder of both I am happy for them to keep separate and doing their own thing.

[shortarm] 24/2/2021 10:51

Not brilliant width and the next news is a long time away I guess. Fine to hold on if you bought a while ago but everyone thinks they know the 'next ten bagger' at the moment.