Ariana Resources Share Discussion Threads

[renniks2016] 09/3/2021 16:26

Nearly matched the 344k but not quite ??

[plasybryn] 09/3/2021 16:11

konil: I think some will be pleased the Special Pay-Out falls into the next financial year, allowing them to shelter more funds in ISA & SIPP's so by avoiding tax implications.

actonovator. Yes I agree. I think the E.I.A. for Tavsan should be value accretive. I'm also expected the drill programme at the Magellan project in Cyprus to commence this month. But perhaps we won't get any results for a while.

[konil] 09/3/2021 16:04

thanks plasybryn. still a long way to go! who knew all these steps were required, last year ks did mention some prerequisites would be necessary but when he sprang the details recently it did seem an age away.

[actonovator] 09/3/2021 15:32

In KS's last interview he said EIA approval for Tavsan this quarter - it sounded imminent. Some definite detail on a second mine would hopefully have an impact on the share price

[plasybryn] 09/3/2021 15:29

I'm expecting a run up in the share price as the Special Pay-out gets announced and nearer and the message finally starts to be understood by the wider market. Whose to say Income Funds won't be attracted.

[plasybryn] 09/3/2021 15:25

I'm not Biggles, but from my understanding:
EXPECTED TIMETABLE OF PRINCIPAL EVENTS

Court Hearing - 16th March (next week)
Capital Reduction approved - 30th March 2021
Registration of Court Order & effective date of Capital Reduction - 21st April 2021.

Given the details have to be announced and an ex dividend and payment date set with at least 2 weeks between, I am expecting an ex dividend date of early May and a payment date of late May. But at least by June imo. Anyone else have a view?

Hopefully 2021 Kiziltepe production "Guidance" isn't far away now.

[konil] 09/3/2021 14:02

bb, what's your latest view on when the special divi is likely to be actually paid out?

[konil] 09/3/2021 13:58

yes, i think he said if you can't do it for $20 or $30 or $40 you shouldn't be in the game. so another positive for aau.

imo its going to be a little time before aau can show the market the next accretive steps so my worry is the sliding share price meanwhile. if pog does turn around it could help support aau share price until next corporate blockbuster is delivered.

[plasybryn] 09/3/2021 12:59

Konil - and did you pick up on his important comments about the cost of discovery for gold. Ours is in quartile 1 at just circa $15 per oz. Few others can boast that.

[konil] 09/3/2021 12:50

plasybryn, thanks for the link.

almost all interviewees in such interviews are chosen for their involvement in pm industry (and are mostly rich having made a lot of money in the pm space) so i view with interest but am very wary of confirmation bias.

that said, i agree with you and see parallels in the 1+1+1=5 with aau and no doubt it is why mdv thought it worth posting it. also the piece on au/cu deposits being the bees knees - very promising for venus.

lassonde reckons industry wide the aisc is $850 and so at $1700 profit is 100%. probably another reason why mdv liked it so much, with aau's aisc closer to $600 profit margin is more like 200%!

just hope the share price stops dripping away and holds steady before next up leg.

[soulsauce] 09/3/2021 12:17

Plasybryn I hear ya but I think the world finances are in that much turmoil that just about everyone is guessing how this is all going to play out and there are as many voices saying the halcyon days of gold are unlikely to return as those still saying it is going to hit $3000 plus.
However one thing most agree on is copper and I hope that is where most of Kerims thinking is with regard to new assets.

[lottsgold] 09/3/2021 11:55

Ok Thanks Biggles appreciate that, will play with it ready for the inevitable silver price lift off!

[plasybryn] 09/3/2021 11:37

My reply on Twitter to Michael's post.Great guy who knows his onions. 1+1+1=5 sounds like the new transformational deal Ariana Resources (AAU) has just done. He would love Ariana's world class discovery cost - $15 per oz. Copper is again identified as central to the "green " revolution- Ariana buys into Cu in Cyprus.

[plasybryn] 09/3/2021 11:26

soul sauce :- don't overlook it was our Chairman who posted this. The similarities to Ariana are very easy to see. I watched it and saw it as a very strong wake up call.

[bonehanmer] 09/3/2021 11:14

Imagine selling at these prices?, what an opportunity to top up!

[bigglesbingham] 09/3/2021 10:58

Hi pal bought 3 sil at $2.94 Friday sold today at $3.12. The silver price was $25.22 when bought and $25.72 when sold. So 2% increase in silver equated to 6% increase in 3sil. Contago doesn't seem to impact here maybe because 23hr markets But never seen significant effect. With oil it was a killer.

[soulsauce] 09/3/2021 10:56

Pierre Lasonde one of the ones often referenced on king world news where gold is always going to the moon.

I am sure like a stopped clock he will be right some of the time Plas and it doesn't take a genius to suggest copper is going to remain bullish.

[plasybryn] 09/3/2021 10:52

Come on guys - has anyone watched this?
youtu.be/9wl3N_4Zzvc

Pierre seems a really switched-on mining master.
I loved his comments on copper, on the cost of discovery, on gold pricing (equities to lead physical etc.) increasing M & A activity this year, including sum of the parts equalling more than the whole (1+1+1 = 5 etc.)

I wonder if listeners will note the potential similarity and significance for Ariana Resources?

Surely someone wants to comment.

[shortarm] 09/3/2021 10:48

Eh? That's the wrong colour!?

[johncasey] 09/3/2021 06:00

dow 32,000

[charles clore] 09/3/2021 00:45

Might be worth a top up first thing then Plas.

[plasybryn] 08/3/2021 23:19

Michael de Villiers, Chairman, posts this on Twitter tonight. Note the similarities to us like 1+1+1=5.Is gold about to rebound? Pierre Lassonde on Bitcoin 'mania' and silver ... youtu.be/9wl3N_4Zzvc via @YouTube This says it all, Pierre hit the nail on the head for what really matters in the business of mining and Exploration ".

[crossfirecssf] 08/3/2021 16:52

Starting to look like the running flat correction in gold which turned at $1,100 and shot to $2,000.

Pretty close match, which would mean the turnaround point, having to be higher than the price at the start of the pattern, would be imminent and take us to at least 7p. Next week or two could be interesting...