Ariana Resources Share Discussion Threads

[zedder] 26/5/2021 16:25

SVE hold 17.5m AAU shares, but more importantly 82m GGP shares.

Edit: Good to see Gold up through $1900 again which is extremely good for all 'goldies'.

[carcosa] 26/5/2021 14:28

Ariana Mentioned...

Starvest PLC - London-based early-stage mineral exploration investor - Says net asset value GBP16.7 million at end of March from GBP18.0 million at September-end, but highlights that this stood at just GBP4.7 million at March 30, 2020. "This annual increase is mainly due to the performance of our holdings in investee company Greatland Gold PLC and, to a lesser extent, Ariana Resources PLC," company says, adding it has continued to see gains post period-end, with net asset value GBP19.1 million at April 30. Swings to half-year pretax loss of GBP1.2 million from profit of GBP2.5 million a year prior.

[bigglesbingham] 26/5/2021 10:31

Think we all agree on projection but apples and pears when it comes to Tesco including share consolidation. The reason why I think it's important point to clarify is if some buyers are holding back because they feel the share price will fall more than equivalent dividend then they will wait to invest which depresses share price short term and they may be missing out.

[tnt99] 26/5/2021 10:15

Well I recently received the Tesco special dividend after selling their Thailand operation before payment the share price was 3.14 after payment it dropped to 2.20 although this did include a share consolidationWhich in my view was badly timedSo whether it is 1p or 2p is immaterialPlease be of no doubt I expect this share to be over 10p if the ramp up of production tavsan comes on stream and Cyprus goes well

[crossfirecssf] 26/5/2021 09:58

It appears to be becoming just a word, used as a string along teaser. It’s heap leach for gods sake. One of the more basic forms of production. Someone get building some heaps! I’ve got a spade if anyone else has some cyanide...

[renniks2016] 26/5/2021 09:54

CSSF, late 2021 'in ORDINARY circumstances'
"We are extremely pleased with this latest resource update for the Tavsan Project. In conjunction with this work, the Zenit team has continued to make significant progress on the Feasibility Study and associated supporting work on the environmental and social impacts. Mine design and associated capital cost estimations are currently being finalised.

"In addition, we expect to proceed with land acquisitions over the coming months and look forward to commencing discussions with potential lenders to fund the development of the Tavsan Mine. Under ordinary circumstances we expected that Tavsan would have achieved first production by late 2021, although due to the difficulties imposed by COVID-19, we are now expecting some delays to this timeline. In the meantime, however, all capital requirements for the development of Tavsan are being funded from Kiziltepe cashflow."
Patience young Skywalker!

[soulsauce] 26/5/2021 09:38

It depends which timeline CSSF ;-)

But yes it is already way behind and it looks like it is slipping further and we will be lucky to get producing from there before 23'.

[crossfirecssf] 26/5/2021 09:25

...meanwhile, check out the clear 10-year cup and handle chart pattern... just a matter of yet MORE patience.

What is happening at Tavsan though? Wasn’t it forecast on their timeline to be producing by 2020. Presentation has mysteriously vanished from the website. I stand to be corrected however...

[renniks2016] 26/5/2021 07:30

AAU are making over ..... profit a quarter with gold at 19k. Yet they only have a market cap of .....m. AAU have paid back all their debts and have $37m in bank. AAZ was in a similar position and rose from 4p to over £1.50. Yet AAu is still only 5.1p to buy, and they move up loads when gold rises. Cheers, I'm in. lol

[renniks2016] 26/5/2021 07:15

So are you saying that remove the divi, like it didn't exist and we are at 3.1! I think not. I do get where you are coming from, I know a few people that are looking to take fairly large positions here, they see there are quite a few disgruntled LTH's itching to off load and they are expecting what you predict, but the same people didn't see gold smashing $1900 oz this side of 2021. They also do not consider Cyprus being of any material value, they also underestimate and do not appreciate what KS has up his sleeve, the news flow that I know is coming, as they say, you can lead a horse to water but you can't make it drink. They will buy in, but no where near level they think they can. Imho.

[actonovator] 26/5/2021 06:20

The Arzu North and Banu results reported so far - both were excellent and resulted in increased JORC and life of mine. This represents about 1700m of the 10000m drilled at Kiziltepe so plenty more to come, including results from little-known areas such as Karakavak and Kepez.

[linz22] 26/5/2021 06:16

Goodness, I hope the share price does fall 2p immediately after the special dividend is paid. 'Cos if these babies go down to 3.1p, or anywhere near that, I'll be selling my granny, grandad, mum and dad, baby, and dogs and cats too, to fill my giant sized boots..!

[actonovator] 26/5/2021 05:51

Largest single drilling programme ever conducted at Kiziltepe has now completed - 70 holes for 10,052m. Congratulations to the team on their efforts!

[bigglesbingham] 26/5/2021 00:40

Don't follow that view atall . If the shareprice is valued at 5p and the co is going to pay 1p a share how is that going to reduce the price 2p per share. My personal view as I've expressed many time is that the div is going to be significant enough for many to reinvest, this will mean any reduction will be short lived . We will see shortly.

[scorscribler] 25/5/2021 23:07

I'm not sure I agree with you there. The share price will drop by the equivalent of the dividend surely? Less what is reinvested.The deal is done, the money is in the bank the market values AAU at 5.1pps owning 23.5%. That information is priced in.

[tnt99] 25/5/2021 21:10

Quite frankly I believe the wait is judged to be of benefit while they ramp up production because when this dividend is announced and paid I believe it could reduce the share price by maybe 2p after all they have effectively sold half the company however if they double production there is no loss and the dividend can be paid with little effect on the share price and further good news on tavsan and Cyprus could mean the share goes up

[soulsauce] 25/5/2021 17:15

Sorry Pharm it wasn't meant to be.

[pharmoutcomeszzz] 25/5/2021 17:10

Petty semantics soulsauce.

[konil] 25/5/2021 16:18

is there a reason why they cannot give us guidance on amount of one-off divi, it does not have to be exact and the numbers must be fairly well cast by now?

[pharmoutcomeszzz] 25/5/2021 14:13

We need to encourage such RNS’s since it has at least clarified at what stage of the process they are and also given us some approximate timelines. I have found it useful in terms of planning my finances over the next few months. Thank you for seemingly responding to people’s pleas for increased and improved communication. Now what’s happening on all the operational fronts please?
Let’s hope that KS is returning to his previous habit of under selling and over delivering on his promises or at least no slippage to the timelines given.