Ariana Resources Share Discussion Threads

[temujiin] 10/1/2022 19:38

I just ticked Zangdook up because it was funny. Chillax, AAU are, compared to many others, in decent financial and future potential shape, regardless of what the share price is doing.

[shortarm] 10/1/2022 16:06

The fact that your comment gets two likes shows the quality of our shareholder base at the moment!As you know he increased his overall holding.

[zangdook] 10/1/2022 13:17

The Chairman didn't dump a million shares this week.
There you go.

[bosbus] 10/1/2022 13:08

exceptionally good news would be appreciated!

[soulsauce] 10/1/2022 10:24

Definitely.

[shortarm] 10/1/2022 10:22

About time for some news this week!

[renniks2016] 09/1/2022 20:17

Tweet from Mentor. First regional field trip of the new year (#Bulgaria) out of the way.A lot of good news should follow from our Western Tethyan Resources and our partners.#Gold, #Copper, #Europe

[soulsauce] 09/1/2022 18:36

2020 production results on 12/1 last year so hopefully some news this week.
Fingers crossed the extra milling facility will ensure we have at least maintained planned production but hopefully provided a nice bonus.

[paul280i] 09/1/2022 18:21

rj, that is all the information we have.

[rjwoodrjwood] 09/1/2022 18:11

Hi, anyone got any clues as to when we go Ex Div? Can't find any info other than 'payment by the end of March' Ta.

[renniks2016] 09/1/2022 16:43

So much for this, another 2 -3 years of manipulation to put up with. What's happening with Basel IIIBasel III was developed in response to the global financial crisis of 2007-08, with the aim of making banks more resilient, and it was signed off on way back in 2010.It was planned to be introduced between 2013 and 2015 but has been continuously delayed.In response to COVID-19 being declared a pandemic in March last year, the body that oversees the regulations, the Group of Central Bank Governors and Heads of Supervision (GHOS), deferred the rollout of Basel III until the start of 2023.In late October, the European Union went a step further, with the European Commission pushing its implementation out to 2025. Earlier this month, the UK made the call to implement the Basel III standards "post-March 2023".It is a blow for the Basel committee, which has been calling for the standards to be implemented as soon as possible, but both the UK and the EU say their new timelines are more realistic given the challenges of COVID-19.What does all of this have to do with gold?Davide Bosio, director of corporate finance at Shaw and Partners, tells Proactive that the regulations, when they are finally implemented, will lead to changes for financial institutions and investment banks."The changes require a financial institution to have exposure to or ownership of the underlying physical instrument being actual physical gold," he explains."Which means if you are holding options or derivatives of gold, it becomes a lot harder to use that in your asset calculations."If you're looking to use gold as a real asset from a balance sheet perspective, then you can't just hold derivatives."The impact on the gold priceThe gold price is one of the most talked-about subjects in all of finance.In 2021, the price has fluctuated, dipping below US$1,700 an ounce on two occasions in March, but also exceeding the US$1,900/ounce barrier in January, late May and early June.In contrast to the vast majority of finance markets, however, gold has been incredibly resilient in the face of the pandemic, not once dropping below pre-COVID levels."Gold has still been quite a good and safe performer, and we think there is plenty of strength in gold to come," Bosio says.Bosio says many gold commentators are still waiting for a gold rally, in the hopes it could exceed the US$2,000/ounce mark - only once in history has gold traded at or above that mark, in August last year."This is why some commentators are looking at the Basel III changes as having a significant long-term impact," he says."One could assume that, over the longer term, that may mean that some of the larger institutions need to have direct ownership of physical gold, which could create more demand and lead to higher prices."Investors really need to be discerning as to what they're buying when they're investing in gold; if it is an ETF or a fund, it would need physical gold behind the actual security, because otherwise, Basel III may mean fund managers or ETF providers would have to change the way they do business."

[paul280i] 07/1/2022 17:39

This board is a bit like 1984, I've become a number!
Anyone who thinks the IPO cash will be shared out needs to re-think that. The cash will be used to further the aims of Venus Minerials. The only benefit to the existing shareholders will be to put a value on their reduced holding. If you need a more in-depth explaination please ask.

[soulsauce] 07/1/2022 16:15

Indeed 😄🤞

[plasybryn] 07/1/2022 16:02

Hopefully the mushrooms are growing nicely. Where there's muck there's brass - as they say!

[soulsauce] 07/1/2022 15:41

Lol we are the Ariana mushrooms. Kept in the dark and fed on sh*t 😄

I also think, like everything else, the necessary listing paperwork maybe taking it's time due to covid office delays exacerbated by the Christmas holiday bah humbug.

[plasybryn] 07/1/2022 15:32

Thanks soulsauce. Well there you go. No surprise there!!

[plasybryn] 07/1/2022 15:23

CYPRUS: My notes said Definitive Agreement by mid November 2021 and IPO in London prior to end of 2021 with a drilling programme starting anytime soon. Has the Co. explained the slipped milestones? Sorry but I've not been paying so much attention recently.

If as I expect we're in the dark, I'm expecting (hoping for) an update next week covering a number of issues.

[konil] 07/1/2022 12:00

johnswan, agreed!

re. my posts, nothing contradicts 9469, i just add conjecture as to possible ways forward.

[johnswan193] 07/1/2022 11:51

Surprised at the lack of understanding on here about the Venus IPO. Post 9469 correctly explains the situation.

[thanksamillion] 07/1/2022 11:50

I agree with huffster.

[shortarm] 07/1/2022 11:42

Hi Koni,The presentation form Oct states February for start of construction so still plenty of time?Maybe :-)

[konil] 07/1/2022 11:38

huffster, if the current (i.e. pre-ipo) ownership of venus is 50% venus / 50% aau, then they are equal partners and any cash in the post-ipo listed entity is jointly owned by venus and aau, 50% each. i'm not suggesting aau will want to distribute their share, or extract it from the new entity, or anything else - we currently have no idea of how the ipo cash will be used.
(venus may use it to meet their share of the apliki mine capex, which as i see it (post 9475), is 25% of eur5m.)

[konil] 07/1/2022 11:27

shortarm, i share your optimism about the apliki project, not only is the capex relative peanuts and the time to production only 9 months, but it will allow aau/venus to fast track the exploitation of their other cyprus assets. my feeling is the ipo timetable has moved out a bit, so if apliki mine assembly is dependant on cash from ipo there may be a little slippage.

however, assuming the apliki project is split 50% hcm and 50% aau/venus, i'd say the eur5m capex would be shared 50% hcm and 25%aau/25%venus. but aau have cash enough to fund the whole thing and may decide to 'loan' venus their 25% commitment and/or 'loan' hcm their 50% commitment to capex, and just get on with the build phase. bwdik.

[huffster] 07/1/2022 11:25

"any monies raised via ipo will be shared 50/50 AAU/Venus net of ipo costs."

Any money raised in the IPO sits in the newly-listed Venus entity. AAU are a shareholder and thus the only way of realising any return will be via dividend or a sale of shares.

A dividend is out of the question at this stage. There is a line in the Venus presentation about short term cashflow funding further exploration. Venus are going to be 'low risk' for growth in a similar way to AAU via their Turkish JV in that respect.

[konil] 07/1/2022 10:54

thanksamillion, post 9463, "I suspect that 10% more new shares will be created for the IPO"

venus are not currently listed, hence the ipo (initial public offering). if they are selling say 10% of the company in the ipo (which currently is 50% owned by aau and 50% owned by venus) then after ipo completed the share register will show 45% aau, 45% venus, 10% other shareholders.

any monies raised via ipo will be shared 50/50 aau/venus net of ipo costs.

that is as i understand it.