Ariana Resources Share Discussion Threads

[soulsauce] 22/3/2022 10:28

Exactly Plasybryn.

You raise a great point and it really is the elephant in the room with this being run remotely, and indeed what is the succession plan.
The one's who are happy to see steady as you go will be happy until it suddenly isn't and then maybe wished they had been questioning the status quo.

[plasybryn] 22/3/2022 10:24

Tell it as you see it, hey Soul.

[plasybryn] 22/3/2022 10:23

Tell it you see it hey Soul.

[soulsauce] 22/3/2022 10:19

I hope you hold 10m+ shares to make statements like that Plasybryn ;-))

[shortarm] 22/3/2022 10:18

We shall no longer discuss/mention your other investments.

[plasybryn] 22/3/2022 10:16

I don't know how big your business is, but Ariana should be valued at circa £100m imo. Is it appropriate to have one key person in charge of a business that size especially when he is on the other side of the planet to the main operations? What if he should fall ill or worse? Where is the succession planning? That again is the duty of a professional Board to manage. I agree the future is bright and growth opportunities in these times as big as you want to make them. But you can't do that with one man and a dog.

[soulsauce] 22/3/2022 10:16

Cheers Cinoib Atb.

[soulsauce] 22/3/2022 10:01

No Shortarm I am happy that I bought in to hopefully see them through to production as I did with this one with all the ups and down that go with them but I hope to see them progress at a decent pace too. Unfortunately things changed at Chf so it got binned.
I just don't understand why you keep mentioning my other investments when I have a go at the glacial progress of Ariana and the Kerim pet project?
Do you want me to tell you the rest so you can bring them up too?
You are comparing apples and oranges and of course you are being a smarty pants. Also I do criticize my other investments when I think it needs it like now at KAV.

[paul280i] 22/3/2022 10:00

I don't think having different priorities should make this a us and them BB. I'm happy with what I hope will become a regular dividend from a company that seems to be in a good position. An increase in the share price would be nice but as I have no intension of selling any shares in the forseeable future it is not my main priority. Over the years I have seen some of my best dividend payers over reach themslves with poor investments, Petrofac and Interserve come to mind. I don't think the company should rush into alternative investments and I'm happy for them to await the right ones.

[shortarm] 22/3/2022 09:50

Soul, I am not trying to be a smarty pants when it comes to your purchases!It seems you are happy with CHF and PALM because you bought in lower?

[soulsauce] 22/3/2022 09:19

zedder that shows no ambition whatsoever. Buying shares back near 4p when they issued them for sub 1p and issued to get options for free is a nonsense.

[dixi] 22/3/2022 09:17

Agree with this. If the share price was higher, we'd all be singing from the rooftops. This is frustration manifesting itself in various ways. That is understandable too.

[zedder] 22/3/2022 09:16

Has there ever been any talks of share buybacks if they aren't using the cash elsewhere. Is that something we can get added to the agenda for the AGM?

[shortarm] 22/3/2022 09:09

No one seems to disagree that the share price isn't where it should be!There just seems to be a comparatively huge amount of negativity on this board compared to others with similar falls...The negativity does nothing but increase the problem lol

[kirbs4] 22/3/2022 09:04

Shortarm, I'm somewhere in the middle there.. Not 10m+ but not just a few grand either. I've been here around 7 years on and off.I am happy with steady as she goes but that's because I made peace with the fact that's all we'll get long ago, and it actually suits my situation for the foreseeable as I focus more on work.It is incredibly important though that none of this impacts shareholders desire for maximising company value. It doesn't matter what selfish reasons we have for being happy or unhappy with ROI timelines, the company has to be held to account for an underperforming share price and I think that is something everyone agrees is the case here.

[shortarm] 22/3/2022 09:01

CHF, KAV and PALM all where you are invested have fallen the same or further so........From my memory/involvement CHF 18p down time 4pKAV 7p plus to 3pPALM 13p plus to 8p - not so bad.

[soulsauce] 22/3/2022 08:57

Shortarm I have been here since 2006, do you think I have ever been here to make a quick buck :-/
Listen, continue to say you are happy with 'steady as she goes' and that is just what you will continue to get with much more of the same.
But don't be surprised if the share price continues to weaken as people give up and exit and new investors are not forthcoming.
Do you really want to make this into a them and us BB?

[paul280i] 22/3/2022 08:56

Totally correct Shortarm

[shortarm] 22/3/2022 08:51

I might be way off the mark here but I am sure I will be quickly corrected if so....It seems individuals with a lot of shares - say 10 mil plus are happy enough with safe solid profess. Biggles, TAM, me, Paul280 etc.People with a few grand in want rapid progress and get rich quick ideas?Don't should at me - just seems that way?

[soulsauce] 22/3/2022 08:39

Here Here Kirbs/Plasybryn.

[kirbs4] 22/3/2022 08:23

I don't think this is about risk though as the portfolio is there. It would be risky if they were to shout from the rooftops about what they hope will happen, that's not what people are asking them to do, they are being asked to simply sell what is already there.I've mentioned this before and can give an update on my own circumstance which, while in a very different industry, is playing out in a way similar to what many hope will happen here.I am an industry expert, SME, guru, call it what you will. In my industry I am basically a Kerim. I've been a consultant working for myself for around 7 years (I'm not quite 40) but last year had an opportunity to join a boutique management consultancy firm to build a division specialising in my field.This is relevant because I was an SME moving into a world where i had to not only deliver, but sell and market our company too. I had no experience at all but recognised that, sought information, paid attention to what worked for other people, and suggested we bought an exec sales director in to sit alongside the marketing director to help. 9 months later our biggest problem is now recruitment to fill demand.The principle here is people will always invest in SME knowledge, that's what people do now with AAU. To invest in the company though people need to be marketed and sold to and that's still lacking here. It's not about risk it's about progression vs stagnation.

[shortarm] 22/3/2022 08:19

250000 bargains for someone first thing this morning!

[plasybryn] 22/3/2022 08:17

But Biggles, having a stronger Board with a range of skills, experience & expertise, also resulting in more democratic decision making, reduces risk considerably and should enhance performance at the same time.