Ariana Resources Share Discussion Threads

[konil] 21/7/2021 14:07

i would hope they do debt funding for tavsan unless share price significantly higher, else much dilution.

by the time salinbas needs aau funds the share price should be much higher (else something very wrong with the company) so placing less dilutive from current levels.

[zangdook] 21/7/2021 14:03

We're not going to do a placing but we're paying a PR company in case we do.

Is it really necessary to keep paying them?

[d1g3y] 21/7/2021 13:57

Or potentially Tavsan

[bo doodak] 21/7/2021 12:59

Unless, and I believe this to be the case, there was effectively a gun to the head...do the deal at 23% or else confiscation and nothing

[bo doodak] 21/7/2021 12:43

Q26 answer - reading that as a placing to fund Salinbas in due course

[crescenter] 21/7/2021 12:26

The sale of our interests and dilution to 23.5% looks even more stupid now.

Just think.

Before this crass and amateurish decision by the BoD we would have had nigh on 50% of this increased resource and good cashflows and future profits.

One of the most stupid decisions I have seen in a long time.

[corrientes] 21/7/2021 12:24

Oh no ! For retail shareholders, I see another meaningless company statement was issued this morning. Getting to be a bit like producing toilet paper.

[kirbs4] 21/7/2021 12:20

Unsurprising that people will sell imo, not everyone has the same goals and if you're a short termer the question you ask yourself just changed from whether you can make 20% elsewhere to 7%, then 3.5% over 6 months.As I said a couple of weeks ago this is a straightforward hold for long term gain now imo. Don't expect any short term explosion in the sp, just sit, hold, and check it next December. Alternatively sell and move on if you want immediate and significant gains.

[konil] 21/7/2021 12:18

thanks for posting q&a zangdook.

[soulsauce] 21/7/2021 11:38

I have decided similar Charles although will not be adding again for a while and not putting the divvy money back in unless it drops to stupid levels.
Luckily I don't hold anywhere near the amount I used to and therefore can be a bit more level headed about things than I used to be.
Like I said earlier it's unlikely to ever explode upwards but neither is it likely to blow up in your face and it's good to have at least one of those in your portfolio.

[charles clore] 21/7/2021 11:15

After careful reconsideration and despite my initial disappointment at the special dividend not being paid in one payment I have decided to continue holding. I have read the reasoning for thdividend strategy and decided to give the board of directors some leeway. I will be holding and increasing where the opportunity arises. I would not criticise others for selling now but it seems odd to sacrifice ones entire holding on the principle of the smaller divi after waiting so long for it. The company is still a good investment imho. The game is changing and clearly now the focus is on company growth which will eventually dwarf any dividend. Meanwhile it adds to the investability.

[soulsauce] 21/7/2021 10:48

Well it looks as though quite a few have decided to throw the towel in or trim their level of investment which is surprising given today's news but I guess quite a few are still feeling a bit sore about the divvy.

[zangdook] 21/7/2021 10:18

5huu
This is the link to register if you haven't already



once you get in this is the link

[crescenter] 21/7/2021 10:08

The market simply will not get excited about a minority 23.5% stake in an increase in resources with no real control over cash flows and costs.

[soulsauce] 21/7/2021 10:06

You have to log in 5huu so hopefully the company will put them on the company website.

[5huu] 21/7/2021 10:03

Kaos3, would you be so kind to post a link? Thank you.

[kaos3] 21/7/2021 09:44

john - imc web site AAU recording - next to the video frame right Q&A button

imho AAU did one of the best efforts answering the Qs after the recording stopped - compared to the others.

[soulsauce] 21/7/2021 09:23

John if you attended yesterday you should have an email.

[soulsauce] 21/7/2021 09:22

Rennicks hopefully the company will be true to their word and PG will 'finally' offer up a broker note and in there will be a proper reflection of the value of the current 37.5% of Cyprus.
I totally agree with you, there is little value in the share price for that project.

[johnswan193] 21/7/2021 09:20

Where is the Q&A? I couldn't find it on the website.

[soulsauce] 21/7/2021 09:17

Fair play to the company for taking time to answer the questions that were left unanswered during the Webinar, even though a few of those answers are a bit wolley in places. Obviously the questions were curtailed due to time constraints.
It probably would have been better to have done a separate vid' on the presentation but that said we move forward with more great news today.
As much as we have had reason to grumble over recent days you can guarantee your investment is as safe here as it gets on Aim although it is unlikely to ever explode upwards the downside is negligable.

[bigglesbingham] 21/7/2021 09:10

And AAU think the same .

[renniks2016] 21/7/2021 09:00

Going back to Cyprus- CRMS had nice tick up (13%)this morning on back of director buying, market cap of 12.6m has 32km2 permitted- no JORC resource, not a huge amount of historical data, then look at Venus- who hold a total of 45 km2 under granted licences and a further 34km2 as licence applications. 100m of historical data and the most important thing here, is they also have the A Team on board, which in my eyes is worth a damn lot. So imho our soon to be 50% (for 2m) is already a 3 bagger at least.

[plasybryn] 21/7/2021 08:27

First 6 month Trading Numbers must be due very soon. Plus Derya (Kiziltepe) drill update. And probably Cyprus drill results as well. Tavsan drilling starts next month as well. And of course the AGM with a new full blown presentation and slides. The Q & A yesterday confirmed there would by an updated Panmure Gordon Note to look forward too as well. Lots going on. Zak Mir was calling for 6.5p by end of August from the Chart!