Ariana Resources Share Discussion Threads

[dixi] 28/1/2022 10:17

Clearly some have had enough, or have other requirements for cash etc. Seems a very low point to leave. But as ever things can always go lower still I suppose etc....

It is a real shame to see this so low.

[thanksamillion] 27/1/2022 16:15

Panther au share price chart - up 22% from dec.

[red imp] 27/1/2022 13:54

An update from Panther Metals here:

hxxps://www.panthermetals.com.au/component/rsfiles/download?path=asx%2Bannouncements%252F2332755.pdf&Itemid=101

[konil] 27/1/2022 12:00

i try not to look under tramps' vests.

[soulsauce] 27/1/2022 10:18

Maybe a better week next week.

A great update of last week has been left to disappear into the ether without further commentary while other news continues to stack up.
More life in a tramps vest at the moment hence the share price :-/

[shortarm] 27/1/2022 09:16

Announce the doubling of the Kiziltepe mine life followed by construction start at Tavshan. Then a sound and backed up dividend strategy can be announced?

[konil] 27/1/2022 09:06

its been a long wait to hear about a regular dividend policy, which would have given us an indicative yield, it was slated for 2021, they fudged the issue by tranching the special divi but no one was taken in by that. about time they paid more attention to shareholders' current interests, they have enough money coming in. it would help the share price

[tnt99] 26/1/2022 19:44

Thanks guys not long now then

[zangdook] 26/1/2022 13:49

It's hardly going to be voted down, I shouldn't worry about that - it's not "them" making the decision, it's "us" though very likely the directors will have found another gazillion options down the back of the sofa by then so them/us is kind of fuzzy.

Thanksamillion - you're absolutely on the nail there - AAU does not have a "yield", it has a plan to return some excess cash from an asset sale.

[soulsauce] 26/1/2022 13:45

It must be a rule they have inflicted on themselves.
I can't see any reason for it whatsoever.

[bigglesbingham] 26/1/2022 13:43

Think it's a rule that it has to be agreed but I may be wrong

[soulsauce] 26/1/2022 12:36

IMO they would do their credibility a whole lot of good if in the March Rns for the special dividend they indicate that the 3rd payment will be made and not subject to a decision at the agm.

[thanksamillion] 26/1/2022 11:52

I think I get your point paul, all the mentioned divis are classed as "special" so I suppose that means that with no interim and no final divi the true yield is 0%, but I nit pick so all in the eye of the beholder I suppose.

I intend to continue with the hope that I will receive 0.175p twice a year.

[soulsauce] 26/1/2022 11:49

No Tnt99 in March it is 0.175p and another 0.175p later in the year subject to a decision at the Agm.

I am not sure why they have decided do that because if they make the decision not to issue it I think a lot of shareholders will wave goodbye to this for good.

[shortarm] 26/1/2022 11:43

Unless advised otherwise by RNS then Yes is the answer.
Edit: .175 in March for sure and again in November if approved at AGM - but who's gonna vote against it unless there's a massively appreciative purchase on offer as an alternative?

[tnt99] 26/1/2022 11:33

Is the dividend payment of .35p being made in March?

[jaf1948] 26/1/2022 11:32

Plasybryn,

You are right - I meant to comment on the "set to be a fantastic year for Ariana" statement.

That statement exactly supports my paradox theory. I believe it WILL be a fantastic year for Ariana with all the things Kerim has got planned. I also believe that their value will not filter down to the bottom line in a short time frame, hence my comment about stagnant share price.

I hope I am proved wrong.

[paul280i] 26/1/2022 10:36

Thanksamillion, you missed "Financial Year" in JAF"s post. I am expecting/wishing for, another interim dividend towards the end of 2022 financial year, making a continuing divi of 0.35 annually.

[uknighted] 26/1/2022 10:31

RNS 20/07/21:

ANNOUNCEMENT OF PLANNED SPECIAL DIVIDEND



Ariana Resources plc ("Ariana" or "the Company"), the AIM-listed mineral exploration and development company with joint-venture gold mining operations in Europe, is pleased to announce the following update on its Special Dividend, following the completion of the partial divestment of its interests in Turkey and a court order cancelling the Company's share premium account and deferred shares. The Company is planning to pay a Special Dividend in three tranches, subject to the completion of the capital reduction process, which is being finalised in July 2021.



Highlights:



· Court approved statement of capital has been recorded at Companies House.



· First tranche of the Special Dividend of 0.35 pence per ordinary share is intended to be declared as an interim dividend and paid during Q3 2021.



· Second tranche of the Special Dividend of 0.175 pence per ordinary share is intended to be declared as a second interim dividend and paid six months thereafter.



· Final tranche of the Special Dividend of 0.175 pence per ordinary share will be proposed for approval at the 2021 Annual General meeting.

[soulsauce] 26/1/2022 10:09

The 2nd is subject to ratification at the AGM so is not definite.

So what I want to know is if we are targeting Tavsan production commencement for 'early 23', already more years late than I care to calculate, then what is the latest for getting permissions and starting to build plant?
I fear it is already slipping again.

[thanksamillion] 26/1/2022 10:02

Welcome back JAF.

Correct me if i'm wrong but I thought from previous mutterings from the Board that we were expecting/hoping for two divis this year of 0.175p that works out at a smidging off 9% p.a. at todays mid price.

[zangdook] 26/1/2022 09:36

"to grow Ariana to a $500m company"

That's not a strategy, it's an ambition.

[jaf1948] 26/1/2022 09:12

I have enjoyed my month away from this board – I have not bought or sold any Ariana shares during January but it has given me time to think more deeply about why the share price is where it is.

There were very few buyers at 4.5p which is where the Ask price was for most of the month and now there are very few buyers at 4.1p which suggests that the share price alone is not a factor in the demand for this share. Biggles is perfectly right when he states that the fundamentals are good – the company has cash and more than one source of income. The CEO has made the company’s strategy quite explicit which is to grow Ariana to a $500m company. So why is the share price languishing and indeed over 30% down from its peak.

Kerim’s strategy is perfectly valid but it also means that he is building slowly but surely. For shareholders who can afford to lock their money away for around 5 years or so, Ariana is a very good investment IMO. However, most shareholders do not have that luxury. The 4%+ dividend for this and next financial year will keep some people invested but it is unlikely to attract new shareholders.

But Kerim knows that he is unlikely to require additional cash in the short term and therefore keeping the existing shareholders happy is not a high priority – by the time he needs more cash, many of the existing shareholders will have left. With the added considerations that Kerim can virtually do as he pleases and the lack of any meaningful public relations to promote the company, the share price is likely to stagnate for the next year or so. Thus we have the apparent paradox that whilst the fundamentals are good, the return for shareholders is currently disappointing.

[soulsauce] 26/1/2022 09:02

No point having all that cash and doing nothing with it though, it will never be valued fully.
And that is the question, what are we doing with it?