Ariana Resources Share Discussion Threads

[bigglesbingham] 23/6/2021 09:58

It all adds to the fundamentals soul and reaffirms their ability to find gold. We are aligned on their lack of ability to delegate vital functions to the right people of companies ie PR . However the company goes from strength to strength. Which gives me confidence in my investment.

[deanroberthunt] 23/6/2021 09:35

...and no posts

[deanroberthunt] 23/6/2021 08:40

Clearly there's little interest here, 322k shares on a decent RNS, says it all

[donald pond] 23/6/2021 08:38

Junior gold is just a completely overlooked sector right now. Not a bad time to be looking to acquire prospects

[bigglesbingham] 23/6/2021 08:15

Excellent results again. They can find gold alright

[d1g3y] 23/6/2021 08:11

As part of the corporate overview / plan it would be great to confirm a mine life extension. I remember reading a long times ago that institutional investors were much more likely to invest if there was a 10 year plus production guidance. Anyone know if this is a general requirement for institutions?

[soulsauce] 23/6/2021 08:08

Agree Lotts.

[lottsgold] 23/6/2021 07:56

Yes Soul would like to see the head grade increase along with the new ball mill installation which incidentally we should have news on any day too. We all know there's plenty more gold a kiziltepe. Although it will be nice to increase the mine life there are bigger things at work that would actually change the stagnation in share price. If they aren't mentioned again they are clearly tied up legally by Ozaltin to keep a lid on it which isn't how I envisaged our future.

[soulsauce] 23/6/2021 07:41

Nice results, let's get at it.
Hopefully the pit optimisation will coincide with the completion of the RR upgrade.

[mcmather] 23/6/2021 07:37

Years ago, KS would often mention “north west trendings”. Kiziltepe is located about 110 miles or so north west of the Kisladag mine. Kiziltepe is a bona fide gold mine:

“The results of KTP-D53-21 (1.1m @ 4.27g/t Au + 3g/t Ag) from a downhole depth of about 160m, demonstrate higher grades in the central and deeper parts (130 vertical metres) of the Derya vein, with the mineralisation remaining open at depth (Figure 2). Other holes, drilled during previous campaigns in the vicinity (17 to 39m away from) the “Bonanza” zone, notably KTP-RC14-10: 11m @ 2.46g/t Au + 47.1g/t Ag; KTP-RC12-10: 2m @ 8.23g/t Au + 223.2g/t Ag; KTP-RC11-19: 14m @ 2.22 g/t Au + 15.1g/t Ag, confirm the presence of a significant zone of mineralisation in this area……Most significantly, several new intercepts of the Arzu South Parallel structure (as announced on 19 October 2016) show the structure continuing a further 170m northwest towards Derya. The additional drilling in this area has further highlighted the potential for an extension of the Arzu South pit towards Derya, and perhaps the future merging of the Derya, Arzu South and Arzu North pits…

Figure 1: Plan of the Derya area, showing the 2020 optimisation pit outline (yellow dashed line), the main Derya vein (pink) and new vein extensions identified from drilling (red). Mineralisation remains open at depth and to the northwest in particular”.

[lottsgold] 23/6/2021 07:33

Decent drill results, hopefully kerim comes out for a more in depth interview with these out...

[renniks2016] 23/6/2021 07:18

What will the mine life be once they prove all systems intersect? Another 10, 15 years? this is certainly a big piece of the jigsaw filled, and will keep the new mill churning away with constant high grade ore.Just another snippet of what's to come. Was expected, factored into the current share price ? I don't think so. Head will start turning soon imho.

[shortarm] 23/6/2021 07:14

It just keeps on giving 12.1m @ 13.1g/t Au + 187.6g/t Ag.

[renniks2016] 23/6/2021 07:06

-- High-grade potential at Derya includes the previously reported "Bonanza Zone" intercept of 12.1m @ 13.1g/t Au + 187.6g/t Ag. Cool ?

[jaf1948] 23/6/2021 07:04

Nice RNS but doubt whether it'll do anything for the share price Still, good news is good news.

[bigglesbingham] 23/6/2021 06:10

Well we will see soul

[soulsauce] 22/6/2021 18:28

They're not listening.

[bigglesbingham] 22/6/2021 18:14

Excellent post this is the message I've been giving to the company.

[jaf1948] 22/6/2021 16:37

konil,

Exactly my feelings.

[konil] 22/6/2021 16:32

if we dont hear of significant operational progress soon my feeling is that the inevitable ex-div drop in share price will be close to 1:1, with no later pick-up as the divi funds may largely get diverted elsewhere rather than reinvested. (sure, some here who are already well in profit could reinvest but many will not have the luxury of being able to do that.)

so the divi will be nothing more than swapping out value in shareholding for a cash payment. of course mathematically that is always the case. but was really hoping that here the divi would be an opportunity for aau to draw attention to its portfolio of 'full spectrum' projects, its undervaluation and its strong cash position, and instead of the usual ex-div drop, hopefully could have led to an upturn. increasingly unlikely...ho hum.

longer term still a great opportunity but more and more painful getting there.

[charles clore] 22/6/2021 16:29

I sincerely hope so JAF. In an ideal situation I would expect a full update and operational plan detailing future aims and operational objectives. Anything less than that would leave me very disappointed after such a long time of waiting and holding this stock

[jaf1948] 22/6/2021 16:02

And yet another inevitable drop in the share price I cannot pretend to be surprised.

I think the question on many peoples' minds is whether we are now witnessing the 'new' Ariana (slow, uncommunicative and indifferent to shareholders) or will the company return to its old modus operandi when all the dividend and JV loose ends are tied up.

[kirbs4] 22/6/2021 14:50

At least this latest delay/dry period for news has only resulted in some pleasant storytelling as opposed to the usual wave of arguments and muting! Almost there I feel.

[d1g3y] 22/6/2021 14:42

Very small top up for me. Really didn't think I was going to get a sub 5p tranche.It's ok AAU I now have my boots full you can let the price rise now lol