Ariana Resources Share Discussion Threads

[shortarm] 03/8/2022 12:37

Another advantage of having such a strong cash position in the current climate!

[bigglesbingham] 03/8/2022 12:27

The way PALM is going and KS knowledge there I wonder what scope is for collaboration take over etc someone mentioned this other day but if their market cap goes sub 3m then hmmmm

[soulsauce] 03/8/2022 12:25

Cinoib, JaynesDad is right. You must have sold many years before the first pour.
But beyond that, as you see from earlier comments, it seems the fall is all down to comments on here 😏🤪.
As regards attending one to ones or the Agm and expecting anything will change is for the birds.
Successive Q&As and give them plenty of feedback as to what is not right, including the astonishingly poor broker but they have dug their heels in and their answers have shown they don't take any ownership or desire to change.
Bigglesbingham, one of the largest holders having thrown many tens of thousands at this, regularly tells them as he kindly done again and nothing changes so I don't know why people think they are likely to change from an agm chat.

[cinoib] 03/8/2022 12:21

Konil, I think is a load of crooks just out for what they can get and keep the $ strong so saves face for the u.s. as they are so deep in debt it beggs belief. I have said for years that shorting of anything should be outlawed as paints a very false picture on the global condition. How much longer it ca go on before all hell breaks loose is the ? and that one is beyond me.


Jaynesdad. I sold Aau some years ago at 5.1 or there abouts before even 1 ounce had been poured because of all the euphoria about Red Rabbit.

[konil] 03/8/2022 11:26

cinoib, what are your thoughts on the pog manipulation that goes on? and do you think basel 3, implementation for london now delayed until jan 2023 i think, could make any difference to the shorting game once fully implemented?

[jaynesdad] 03/8/2022 11:25

Cinoib
To be fair the share price was half what it is now before the first pour. The share price went to 6+p several months after the proposed new JV was announced, and that announcement was only made well after the first pour, although before the loan for the Kiziltepe plant was repaid.

[thanksamillion] 03/8/2022 11:24

But soul, complaining on here for two years has done nothing to move the Board and much towards putting people off. The place for complaints is the AGM where feet can be held to the fire, but the impression i have gotten from past AGMs is that any complaining is muted, helped along by a united BoD, rather than a serious discussion of the obvious problems.

Oh and thanks for the compliment. ;-))

[konil] 03/8/2022 11:22

soul, like some others (here and elsewhere) i have learnt not to put too much faith in broker's notes, but having seen pg's dire offerings over recent past they appear to be worse than many others. i have not bothered to read the flash note, and by the numerous comments on here its clear i'm not missing anything.

quite agree that aau management need to look into and resolve the lacking pr here.

[cinoib] 03/8/2022 11:16

Soulsauce, I still keep looking in and I still keep wondering why the share price keeps slowly dropping, is now near 1/2 what it was before it poured 1 ounce never mind 23,000. Hope this doesn't face the same fate as Hum is in as that one is going under. Not be brag or anything like that as the whole sector is in a mess at the moment with all this gold shorting by greedy yanks, but I think if you put a small amount in Paf you would do better and the divi is far better than most goldies with very good management and a promise of much higher divi to come, so one might as well collect it while waiting for the yanks to burst the bubble and stop holding gold down, as it will come. Just a matter of when.

[soulsauce] 03/8/2022 10:54

Oh dear the old shareholders want to keep the price low ploy. What a ridiculous statement Thanksamillion.
Next you will be saying those who have valid complaints are not shareholders.
With the company allowing it's broker to continually turn out garbage it's doing 10x as much damage as any complaints on here.
Jeeze!!
If you look I was the first to highlight great news this morning but it has been trumped by the company allowing that dross to circulate.
If you bothered to read between the lines you will see I am being positive and that is why I was saying konils piece highlighted the company much better than the PG comic cuts.

[paul280i] 03/8/2022 10:51

I'm not complaining, nice dividend in 2 months and no reason for that not to continue in the future. Over £3 million due to the company from the last 6 months production and a possibility of doubling of that in the next year or two.

[thanksamillion] 03/8/2022 10:42

Wasting your time huffster, too many on here with an interest in keeping the price as low as possible for now ...........for whatever reason. If it were otherwise the complainants would have moved on by now.

[huffster] 03/8/2022 10:34

Positive RNS today, but the board is yet again taken over by negativity. What's the point of moaning ad-flipping-nauseam. The board is cluttered with the same posters saying the same thing over and over. I don't understand what you think is being accomplished other than almost certainly deterring new retail investors. If you want to affect change or raise your concerns with the company, surely its better to attend the in-person events. (but no-one does..?)

Switch off from the bulletin board for a few weeks / months, 'touch grass' as the youth like to say.

[soulsauce] 03/8/2022 10:17

Lol pranchalee, none of them are at the moment ;-)

[pranchalee] 03/8/2022 10:14

This share ain’t good for your blood pressure soul.

[soulsauce] 03/8/2022 10:10

konil remember that eloquent great write up you did some weeks ago about the potential and benefits of Ariana, you ought to send it to PG to open their eyes and tell them to shove their 'flash note' where the sun don't shine.

[soulsauce] 03/8/2022 10:05

Thanks bigglesbingham but they never listen. It's this brazen ignoring of shareholders concerns and pig headedness that is turning people away and setting up to vote things down at the AGM.

[konil] 03/8/2022 10:05

my takeaways from today's rns

1. great news on kiziltepe continues, very important as it is filling in for the delays at tavsan.

2. for tavsan rns states

"Meanwhile, construction of our Tavsan Mine has formally commenced and we look forward to seeing this mine in operation within approximately 12 months. Certain project development work is still underway in the background, including a Reserve estimate, which will go hand-in-hand with a finance package that Zenit is expecting to conclude for the project."

the stated 12 month timeframe for tavsan means little at this stage because it seems to stay at 12 months even as the months pass by. the problem clearly is the hold up in getting the reserve estimate and finance package sorted. once we hear that those have been completed i will have more belief in the production timescale.

what would have been better for shareholders is some substantive info on progress of the reserve estimate. (and info on progress of financing but that may be commercially sensitive so not advisable to publicise?)

i take a little comfort, perhaps foolishly, in the thought that these items of delay are operational/financial rather than political such as awaiting licenses, so hopefully more under company control.

[bigglesbingham] 03/8/2022 09:58

They have been made aware Soul and I will leave it at that .

[soulsauce] 03/8/2022 09:52

Well they may have corrected the mistakes but it is still garbage. Is that really all they can write after a site visit.
Even though we continue to mine above target they have remained unchanged at 5.14p :-/
It's just as if they do not care and the company appears to be colluding in this mishegoss for whatever reason.

[bigglesbingham] 03/8/2022 09:49

And clarification that the cost of tailings would only be 23.5%. They are less than useless PG and need to go .

[xow98] 03/8/2022 09:43

Retain Buy recommendation and 5.14p target price – Today’s announcement
confirms the continued successful operation of the Kiziltepe mine and in particular
the excellent grades encountered at Kepez. Ariana is on track to meet its full year
production guidance, and we look towards milestones at the Tavsan project as
potential catalysts for the shares.

[xow98] 03/8/2022 09:40

Note up on website now

[xow98] 03/8/2022 09:31

Can't see it on the website. Old one gone, nothing replaced it.

[bigglesbingham] 03/8/2022 09:26

A corrected flash note now been done !! I appreciate the speed the board reacted to this boards concerns.