Ariana Resources Share Discussion Threads

[kaos3] 12/10/2021 07:14

imho communication is ok, marketing is bad

[jonc] 12/10/2021 07:10

Looks like an interesting development!

[dixi] 12/10/2021 07:09

I like the sound of this, it will be interesting to see the value of Venus when it lists. Surely this is a fabulous event for AAU, to be able to quantify the value of it's 50% interest!

[lottsgold] 12/10/2021 07:09

Won't be under 4p now I imagine.

[charles clore] 11/10/2021 20:26

If it goes under 4 to buy I'll be with you paulie

[pauliewonder] 11/10/2021 18:25

I feel that. It's a bit of a war of attrition at the moment. I am considering a large top up because I think it is very good value at these prices over the longer term.

[jaf1948] 11/10/2021 18:12

pauliewonder,

I think some of us were hoping the time for it to come good was now !

[pauliewonder] 11/10/2021 17:19

One of the continued problems with AAU is poor communication. That, the dividend fiasco, the lack of cash generation and the poor sentiment around miners ATM all hasn't helped. It will come good in time though.

[charles clore] 11/10/2021 16:47

Why on earth would the company want the share price higher when they have no funding shortage and are making a handsome profit which in turn is funding exploration and development? The only reason I can think of is a takeover bid which would probably fall on stony ground due to the large Ozaltin and Proccea holdings. A takeover blocker imho. Although Ozaltin might decide to take us out as more becomes known about Salinbas.

[zedder] 11/10/2021 16:30

They'll be a few of us hoping this another MARL though! Has a potential predator manipulated the price down?

[thanksamillion] 11/10/2021 16:23

Don't see any of our investors who have sold up moving back in any time soon and it is a difficult job attracting new ones.

Some kind of action is required from the company in order to turn this round.

[jaf1948] 11/10/2021 15:51

Let's be blunt about this. We are all invested here to make money, not to award points for technical merit or artistic interpretation. Ariana is profitable so we made the right initial investment. The share price keeps going down and in this case the buck stops with the BoD.

[plasybryn] 11/10/2021 15:33

But that story isn't easy for new investors to work out. In fact one look at the share price chart and they probably wouldn't bother to look further. And we can't hold up Tavsan the second mine as much of a positive as it has been promised for years. Even now it isn't confirmed whilst investors no doubt worry about Kiziltepe being depleted before Tavsan even starts. As for Salinbas the elephant in the room, with exploration funded why hasn't it already been progressed and drilled?

[konil] 11/10/2021 15:16

true, very poor comms and divi handled badly.

let's not forget the very excellent operational performance.

getting to production, most small miners never make it that far, not to mention a second mine due to reach production in 12 to 18 months, and a third with early stages now funded up to $8m by a strong local partner, hence reducing political and financing risks, and further good (maybe very good) results from venus, plus a strong cash position.

blame where blame is due but also credit where credit is due.

[soulsauce] 11/10/2021 15:01

And failed to provide the broker note they promised which may have answered a lot of those questions.

[plasybryn] 11/10/2021 14:51

I hope you have entered all your hard hitting questions for tomorrow. If not there is still time to do so. I'm sorry but I think they should be ashamed. They have lost investor confidence, failed totally to manage a generous return of capital and failed miserably to communicate the new strategy and the underlying value of the Co. and future potential. The Board is so small that the only person who should be answerable for this abject failure is Kerim himself.

[claretandbluedave] 11/10/2021 14:44

So there you have it. Just about 12 months ago the share price was 6.1p, you can now buy for around 4p. After all the news and hype of the last 12-18 months which included selling off 25% to Ozaltin Holdings, and paying out a special divided (which ended up a farce with 3 payments, we're now back to prices we never thought we'd see again. I hope the posters on here are young enough to wait for the next 10 or more years before this may reach double digits, I dread to think what would happen if they put out a bad RNS.

[thanksamillion] 11/10/2021 14:28

Which is the time this BB started, Lottsgold's fault then.

Only Joking.

[jaf1948] 11/10/2021 14:17

To me the problems all started at the end of October last year when Kerim claimed his options at the same time announcing a further delay in the payment of the dividend which he had promised by the end of October, a promise over which he did not have total control.

At the time I wrote: 'To me, the message from yesterday was clear if unintentional:
'You shareholders can wait a bit longer for your rewards - I'm taking mine now'. Yes, Kerim deserves what he has made, but the timing was poor.'

IMO, that is when he lost the confidence of the market and he has done nothing since to try to win it back.

[thanksamillion] 11/10/2021 14:06

I'm expecting an RNS before tomorrows meeting, without a good one the Board will be getting an awful lot of flack.

[dixi] 11/10/2021 13:57

Last one leaving turn out the lights (that's how it currently feels at least)....It's quite remarkable where this has ended up. None of the recent expected prophecies for the shareprice have come to pass. The stockmarket is such an unpredictable place. Such a shame to see AAU languish like this, maybe next year... :-(

[bigglesbingham] 11/10/2021 13:47

Some desperate seller /s

[plasybryn] 11/10/2021 12:37

Someone sold at 3.92p. Can you believe it? I hope them step up to the plate tomorrow. They ought to be getting it in the neck for allowing such a dilution of the Co's value.

[plasybryn] 11/10/2021 12:06

Do you follow Mentor Demi, Kosovo, Western Tethyan Resources on twitter.
@mentordemi
Put up a nice photo and words "good days ahead for Copper and explorers too"

Mentor Demi
MANAGING DIRECTOR (WESTERN TETHYAN RESOURCES)

Mentor is an exploration and resource geologist with 19 years of experience across Eastern Europe. He is a certified professional geologist, registered by the European Federation of Geologists (EFG), holds a BSc in Geology, and is an active member of the Society of Economic Geologists (SEG) and Society of Professional Scientists of Sweden (Naturvetarna). His early career commenced with the United Nations. Between 2007-2014, Mentor worked with several TSX listed junior companies, such as Lydian International Ltd. in Kosovo and Armenia and Tigris Resources (now Royal Road Minerals, TSX-V listed) in Turkey, operating in the roles of exploration and resource geologist on epithermal, intrusion related copper-gold and carbonate replacement deposits. In 2014, Mentor established his own consulting company, Taurus Field, through which he offered a wide range of exploration and resource geology services for clients operating in Africa, the Americas and Europe.
Until recently, Mentor was President of a Canadian private company Via Egnatia Resources Inc, a Ni-Co focused exploration company with projects in Kosovo.

[bigglesbingham] 11/10/2021 10:17

This was posted by excellence on CHF website: https://www.proactiveinvestors.com.au/companies/news/962486/davide-bosio-says-ma-heating-up-as-gold-equities-hit-52-week-lows-962486.htmlA little flowery but salinbas being so close to hot maden came to mind in reference to comments near the end on interview.