Ariana Resources Share Discussion Threads

[plasybryn] 17/12/2022 16:37

Disappointingly the video finishes at the end of Kerims presentation missing out the Q&A session. Perhaps no one was there to ask questions as the Co was hidden away next door. The Board apart from William was there plus Mentor and Peter but if few investors what was the point. Can't we afford the cost of attending Mines and Money and be in the hall with all the other presenters. Strange or what.

[plasybryn] 17/12/2022 16:32

The presentation manages to gloss over all the drilling telling us the metres covered are unprecedented, but what does it mean when no actual assay results are provided. It seems the Co. has discovered a way of providing general news of work programmes without any substance relating to hard results. Other Co's are excited to provide ongoing drill results yet AAU has gone a year with nothing tangible provided for Salinbas. Strange or what.

[plasybryn] 17/12/2022 16:27

I've listened to The Mines and Money presentation by Kerim today which the Co. has uploaded on Linkedin. Not sure why they choose that medium and appears to be very few views so far and of course the presentation itself was held next door to Mines and Money supposedly to save money, but how many then got to see them. Certainly not passing investors. The presentation is ok for well informed investors but as always lacks an approach which focuses on value creation.

[thanksamillion] 17/12/2022 10:10

I missed this report dated 8th Dec.

Panther Metals hails latest drilling results from Burtville East gold project

Significant drilling results include 14.6 metres (m) at 2.32 grammes a tonne (g/t) gold from 37.4m, and a visible gold intercept of 0.3m at 21.4g/t gold from 48.4m.

[bodgit] 16/12/2022 19:23

I'm a new shareholder here this year and my average purchase price all in is 3.2657p/share. I'm now a little underwater with these. It never feels good when that happens but it's all a gamble and some you win, some you lose. Hey ho. The share price has it seems more or less halved in the last two years and it may double in the next two, or halve again. Who knows? Happy Christmas everybody here and may 2023 bring you what you wish for, oh, and some decent news from Ariana..... I'm off. Gla.

[zangdook] 16/12/2022 16:43

The only option the chairman should be getting is the vegetarian option in the staff canteen.

[shortarm] 16/12/2022 15:54

He does talk about dates and funding.

[soulsauce] 16/12/2022 15:26

Was there anything in there about Salinbas assays Shortarm? Or a gantt chart maybe, you know something potential new investors can pin their hopes on.
Arrrgh just kidding ya Shortarm 😏
Now back to watching that paint dry.

[shortarm] 16/12/2022 14:46

Just spent 45 mins listening to tNovember 2022 corporate presentation - time we'll spent if you have cash available!

[shortarm] 16/12/2022 14:45

AAU discovery cost per oz - 11 dollarsGlobal average 62 dollars!!That is a very very important metric!

[soulsauce] 16/12/2022 12:40

Totally agree with you Xow but good luck with that one.
I would be surprised if the figure starts with anything more than a 3.
They should not get ANY until they meet certain criteria, one of those being the share price and another production at Tavsan and Apliki.

[xow98] 16/12/2022 12:29

William Payne, Non exec and Chairman of the Remuneration Committee has been on the BoD for more than 9 years so has to be re-appointed at every AGM. Chris Sangster, the other member of the Remuneration Committee has been a Non exec on the BoD for circa 6 years, so doesn't come up for re-appointment for a couple of years.

I would suggest that Mr Payne's re-appointment at the next AGM be dependent on a decent price for any options to be granted in the near term.

Given the share price was north of 6p in 2020 and that the BoD has remained unchanged since that date, I would expect any options to be priced significantly above such level.

[charles clore] 16/12/2022 11:48

I'm looking forward to the commodity bounce in '23.

[zangdook] 16/12/2022 11:42

2.97 now 🤷‍a94;️

[bigglesbingham] 16/12/2022 09:51

Looks like a few are getting snapped up at 2.98

[bigglesbingham] 16/12/2022 09:33

Can't dispute that but the last 200k was mine at under 3 ie 2.98

[soulsauce] 16/12/2022 09:28

Well that maybe true Shortarm but this should never have been trading in the 3's. The year has been a complete disaster and instead of things improving, regarding things we have brought up at several Q&As, they seem to have regressed.
The unfortunate thing is there are very few new buyers to replace big holdings apart from long termers who have been picking up the slack.
The company does nothing to attract new investors.

[shortarm] 16/12/2022 09:16

We got her because Renniks sold a pretty big chunk into a quiet pre Christmas market.No biggie?

[jaynesdad] 16/12/2022 09:14

Hmmm
We got back here how exactly? Just when you think the corners is turned you spot the sheet of black ice and round you go.

[crossfirecssf] 16/12/2022 08:54

Lottsgold, as they say, the market can remain irrational far longer than you can remain solvent. Or for that matter, remain alive…

[zangdook] 16/12/2022 07:14

Maybe MdV was walking past McDonald's and couldn't help himself.

[shortarm] 16/12/2022 07:11

I believe that Renniks 'knows' the answer!And when he sells the house he's going to be after Biggles

[dixi] 16/12/2022 07:07

Haha. Maybe cash was needed and whomever chose to take a hit from an investment higher up, crystallising a loss. Perhaps to cover a margin call elsewhere?It's like AAU itself, we can speculate, but unlikely to ever find out why and what's going on :-)