Ariana Resources Share Discussion Threads

[konil] 02/2/2022 18:37

i'm no chartist but it looks awful. and it seems there is no shortage of sellers.

without the venus ipo, i mean who knows when/if it will happen, i cannot see what will provide short term impetus for the share price

yes, lots of operational news due but its not the type that seems to propel the share price and neither does news of corporate progress, jv's and the like, given the current market mood.

so i'm hoping, probably in vain, for a near term move up in the gp, with knock on impact for aau share price otherwise its a looooong wait, not in mining terms but in financial market terms, until tavsan production energises the share price and in the meantime it could drift lower still.

ho hum, no matter how bright the future, its been a pretty miserable time since i came in here mid 2020.

[shortarm] 02/2/2022 18:24

The shareprice would be much much higher without PR as long is was without the consistent selling we've seen for a long time. What he/her/they run out it will quickly run up.

[soulsauce] 02/2/2022 17:40

1.26m sell which dropped us into the red. Luckily we still have some buyers.

[plasybryn] 02/2/2022 16:35

Very little imo. He is a part time puppet on a string to do the necessary financial compliance and very little else. As I say the Board needs strengthening. It is too focused on a CEO who is thousands of miles from the action, from the teams. The Chairman - what can you say and part time Chris Sangster.

[kaos3] 02/2/2022 16:27

it seems to me that Kerim is not concerned with the money issues. who is the money fin wizard at AAU? how much "power" does he have? William Payne

would be very good to hear him speaking out - how and why it is done - all about capital allocation

[zangdook] 02/2/2022 16:25

I did, and I came back thinking 4.9p looked all right for re-entry. What a numpty.

[jaf1948] 02/2/2022 16:23

Tell me about it - I am often sorely tempted to do so.

[soulsauce] 02/2/2022 16:22

Whatever it is JAF it is not acceptable as shareholders will continue to go elsewhere.

[jaf1948] 02/2/2022 16:17

Another possibility is that the lack of PR is deliberate so that Kerim doesn't have to keep answering questions about how project x or y are getting on.

[soulsauce] 02/2/2022 15:57

Tick, tick, tick, tick Plasybryn.

[plasybryn] 02/2/2022 15:50

We've being saying that for quite sometime. The message still isn't getting through. We needed an expanded Board. We need a CEO close to the action. We need a fully articulated strategy to achieve the £500m Market Cap. Kerim briefly mentioned to a journalist early last year, we need a dividend strategy, we need Broker support, we need Institutional Investor support/interest and we need a Board that is open and approachable to shareholders. Do for starters?

[soulsauce] 02/2/2022 15:45

I really don't understand it either Plasybryn.
The only conclusion I can come to is that as the company is now cashed up that shareholders are more of a hassle than a benefit.
I do know someone needs to get a grip though.

[plasybryn] 02/2/2022 15:35

As you said Soul the other day, AAU has been in a downward trend for the best part of 18 months now. That is terrible. I suspect investors aren't satisfied not knowing in detail what the new strategy is. All that cash and no properly articulated plans, well in part only. Investors need an easy to see Gantt chart with all the projects listed and deliverables/timescales set out. I really don't understand this laissez fayre or shall I say manana attitude towards shareholders. I blame no one other than the Board for this shocking dilution of capital value.

[soulsauce] 02/2/2022 15:09

Thanksamillion that's right but you could argue that since he 'appears' to be concentrating all efforts on the nickel/gold drilling at Coglia with PNT, we are now not getting Kerim pieces to camera after significant news.
It might make little difference in the scheme of things regarding the share price but having already shut down on so many levels of communication, I don't think we can afford to lose another especially given the coverage Proactive and others have.
A large upgrade in resources and great production update to start the year. The company should have been banging the drum and blowing the whistles but here we are.
If not Kerim then DeV should step up and earn his options and if he can't then employ someone who can. Poor show imo.

[kaos3] 02/2/2022 14:41

"Nothing to slag him off..." agree. he simply left and now it is down to Darren and his team. what team?

[thanksamillion] 02/2/2022 14:39

Kerim is now Non exec Chairman of Panther Australia and left Panther UK(Canada) in order to concentrate on Aussie. Nothing to slag him off about there I'm afraid.

[shortarm] 02/2/2022 14:27

Half a million sell - have a nice day.....

[kaos3] 02/2/2022 14:21

I do not. There is a very slow progress there (despite huge value). My opinion is they lack operational team on the ground and finances. Very good value, but I sold out completely at around 13p.

I am waiting there to buy back - for a (aau turk comparable) good operational team to be there (cheap and highly efficient) and for the finances to be sorted out.

regarding team I might not be up to date ....... so I would value someone to enlighten me - about the permanent on the ground team

I also think that Darren is too honest and is being ....... by all the snakes in the mining and financial industry. And shareholders with him, along him are sharing his "treatment" by the industry

I do not know if Kerim withdrew his geo "magic" from palm?

He got into palm (and I followed him) by inserting his beloved PhD Oz licences into palm. but then he floated them as a separate Oz entity and left palm... Is he still with palm with all his hearth ???? and geo magic?

[plasybryn] 02/2/2022 14:15

Do we know why? I know Darren actively encourages shareholders to contact him and ask questions. Kerim is opposed to that filtering it all now through Henry at Yellow Jersey. Perhaps they had a disagreement about how to treat investors!

[plasybryn] 02/2/2022 14:13

I see the new Panther Metals presentation. No mention of Kerim. I thought he was Chairman? Did I get that wrong?

[shortarm] 02/2/2022 08:14

Future targets to further increase mine life:These targets include, but are not limited to: Ceylan, Derya West, Fidan, Hale and Karakavak.

[8rad] 01/2/2022 20:26

What great news? ... have we been taken over?! By the way Tem 800k shares... come on man take a realistic interest in it if only for fun. (short supplied these days)