Ariana Resources Share Discussion Threads

[sonoftherock] 06/8/2021 13:33

Not saying it's easy. I know people in Perth too. Some have consciously avoided travel, others have decided they had to travel. KS residence status may be a complication, I don't know, but mining folk have been travelling.

[bigglesbingham] 06/8/2021 13:25

I wasn't aware of that to be fair my mum lives in Perth and she said it's pretty rigid but if they can fly for business I'll take your word. Suppose quarantine rules my be unhelpful however at destinations. I do take your point as to how things seem slow but that a mining company for you. I extremely pleased with progress and direction. Just not pleased with the communication of the progress to be a wider audience. Interviews reiterating the content of an rns doesn't do it for me. The more this message is given to them the more likely they will listen.

[sonoftherock] 06/8/2021 13:10

I just felt it could be preparatory to him staying in Australia longer term. For personal reasons most probably, yes. I may be wrong, but let's wait and see. I am heavily invested in Australia btw. It is quite possible for people to travel for business reasons. I don't know KS personal situation, but I know for sure that other MDs etc have travelled from and to Australia in recent months.

[soulsauce] 06/8/2021 12:59

Still hoping Asgard takes a chunk of the Palm NewCo listing.
The nickel asset alone at Merolia could be a game changer for an investment of $500k.

[renniks2016] 06/8/2021 12:49

One of the most understated elements regarding this company is the team behind it, I'm not referring to the BoD but the people that enable these guys to do what they do, look back at the performances of the JV, how effectively the mine is run, they have never failed to meet or beat expectations. No incidents, no down time, even mine upgrade has gone on without a hitch, on time, on budget and no doubt beat all production guidelines. Testimony to having a great team on board, and it doesn't stop there, how many drill results have disappointed, resource updates that have not well surpassed feasibility expectations, again coming from having the right people in the right places with the right motivation. Great companies are built from the ground up, the foundations they have put in place here will pay dividends in the long run, excuse the pun! Happy days I say and credit where credit is due, well done team Ariana ?

[bigglesbingham] 06/8/2021 12:36

Snails pace in reference to dividend I admit and expectations could have been managed a lot better. Tarsvan was affected by Covid. But the position we are in now is exceptional for a small mining company. As to the investment fund keeping KS in Australia is ridiculous considering it equates to less than two percent of the assets. If KS stays in Aussie it will be for personal reasons. When Covid restrictions lift there's nothing to stop a base in Aussie and quarterly visits to sites and zoom team calls.

[shortarm] 06/8/2021 12:10

Dude, this really isn't a typical AIM company! Nothing like!

[sonoftherock] 06/8/2021 12:09

You'll have to forgive me if I don't give much weight to those kind of stated intentions from an AIM CEO. Let's see how things develop.

[shortarm] 06/8/2021 11:44

Kerim has stated his intention to turn the company into 500 million Market cap. Don't think he intends doing that entirely from Oz!

[shortarm] 06/8/2021 11:43

Hmmnnn, 2 + 2 = 245.3 Some serious conclusion jumping there fella!

[sonoftherock] 06/8/2021 11:39

Yet another buying opportunity. As I said previously, I see the "investment fund" as a mechanism to allow KS to stay in Australia indefinitely. Some may be fine with that, but I don't think it's ideal, unless he is also changing his role in the company. Maybe there will be some structural changes in Ariana once this snail's pace process completes?

[bigglesbingham] 06/8/2021 11:16

To be fair it's given a tremendous buying opportunity. When an investor is selling up for personal reason (or lost patience) and it's nothing to do with fundamentals it affects the price obviously but the company is in the strongest position it's ever been in so no brainer to add if you have the resources of course.

[zedder] 06/8/2021 11:12

We can but hope!

[bigglesbingham] 06/8/2021 11:06

Hopefully that's the last of carcosa sells.

[soulsauce] 06/8/2021 09:45

No problem ricksen. The first tranche of 0.35p/ps should be paid before 30th Sept.

Given how long we have had to wait for this, don't be surprised if it is paid at 12 noon on that date ;-)

[ricksen] 06/8/2021 09:38

Thanks soulsauce. Ye, seems like a fantastic incentive to buy aau, coupled with the promising projects the company is working on. 👍

[soulsauce] 06/8/2021 09:34

ricksen nothing to that effect has been said so should you invest now you should be eligible. I know, crazy right.

[renniks2016] 06/8/2021 09:33

With news in the week that Kerim was on walk-a-bout, it was always unlikely that we would see any news, but as Soul says, it makes next week a pretty good bet.

Whilst Mr K is out doing one of the many things he's good at (Geology) for PALM, I cant help but think he might have his We Love Asgard Metals Pty. T shirt on under his blue kaggool.

picking up a few of the ones being drop when possible. Roll on next Tuesday.

[ricksen] 06/8/2021 09:29

Please excuse me - i am new to investing. Is there a cut off date in which you are not eligible for the aau divi? Thanks in advance.

[soulsauce] 06/8/2021 09:00

Thought this was worth posting. It shows the malaise in gold miners is quite widespread with fewer than 12% trading above their 50 day ma.

[plasybryn] 06/8/2021 08:52

Sorry Graylyn1 - fair comment. Mymistake. Must pay more attention.

[soulsauce] 06/8/2021 08:39

Really thought we would have had some news this week. In the absence of that it must make it odds on next week.
Fingers crossed sentiment changes here.

[graylyn1] 06/8/2021 08:37

plasybryn1 I was responding to a question from back backmarker

[shortarm] 06/8/2021 08:32

Well, there's some demand from somewhere! You can currently sell 600,000 at 4.61p - although no one in their right mind would!!! :-D

[plasybryn] 06/8/2021 08:01

Graylyn1 - That was 20th July no. We already know that!!