Ariana Resources Share Discussion Threads

[thanksamillion] 20/12/2022 08:57

German producer prices fall nearly 4% in Novemeber, inflation/interest rate implications give gold/silver a lift.

[donald pond] 20/12/2022 08:02

I don't think many investors care hugely about dividends: we are in it for the capital gain. The problem with AAU is that, like AAZ, it doesn't really trumpet what it does, and also like AAU, it refuses to follow guidance on board composition and tenure, which scares away institutional investors, but, unlike AAZ, it also awards ridiculous options to directors which they then sell down at the earliest opportunity, thus keeping a lid on the price.

[jaf1948] 20/12/2022 07:57

Plasybryn,

I think the problem is much simpler. Most investors look for a return on their investment in around 1 or 2 years. Ariana has effectively said there is no recurring dividend until Tavsan is operational so no dividend in that time scale. As for capital gain, the BoD show no signs of spending their cash hoard on anything that will generate more income in the near future.

So where is the incentive to buy Ariana, however good the fundamentals may be ?

[plasybryn] 20/12/2022 07:32

It's amazing how similar our chart is to say AAZ, it's as though we are just in a gold miner pattern. Perhaps it isn't just news driven and we really do need gold and therefore overall sentiment to change. Just trying to add another aspect for the reason behind our lack lustre 2022. How are we expecting gold and silver to perform in 2023.

[shortarm] 20/12/2022 07:27

Yeah, I thought today for an RNS as well lol

[dixi] 20/12/2022 07:06

"We are also aiming to provide updates on the progress of our various investee companies prior to the end of this year."Hurry up!!

[bigglesbingham] 19/12/2022 13:05

These buys must be mopping up renniks sells last week

[kaos3] 19/12/2022 07:34

I know why we here on balkans employ PR and law firms .... in order to pay them for doing nothing ... so they give the managers cash back into their pockets ... after all the expenses....

I am glad AAU is UK based Co.

[soulsauce] 18/12/2022 15:42

huffster Panmure Gordon were employed in 2016 to attract all those. I rest my case.
Negative conjecture hmmm, are you arguing that we have not had an assay result from Salinbas in 13months, or that the company adequately promotes this on behalf of shareholders?

[huffster] 18/12/2022 14:33

IMO you're wrong about LinkedIn. It's a powerful platform to build a brand and its visibility. In this case to fund managers, HNW individuals, Family investment, Mining peers etc etc.

Where else do you want them to push/promote the presentation? Suggest it to YJ or the co if you have idea based on experience or fact.

This board is so doom and gloom, pages of serial chronic complaining, posters who seem to have a bad case of negativity bias.

There was a new guy who popped in to say hello this week and he was met with a torrent of negative conjecture (not facts). Probably left sharpish, I'm sure it puts off new investors who use little old advfn.

Enjoy the football all.

[soulsauce] 18/12/2022 13:52

A company becoming more and more aloof and totally misaligned with shareholders.

[jaf1948] 18/12/2022 13:24

"This is a very odd Co at times."

Just off the top of my head:

A public company run like a private one.
A company employing two PR firms neither of which promote the company.
A company with vast cash holdings but reluctant to spend any cash.
A company where there is virtually total silence on possibly its greatest asset (Salinbas).

[plasybryn] 18/12/2022 12:52

Thanks zangdook - so only the slides on Twitter. Who on earth would suggest using LinkedIn. I cannot believe that would be Yellow Jersey. And why wait so long before releasing it. This is a very odd Co at times.

[zangdook] 18/12/2022 12:36

Youtube says it was posted one day ago, so I think Plasybryn is right (not about Twitter though, at least it wasn't mentioned there when I looked earlier).

[soulsauce] 18/12/2022 12:33

That one sentence tells you everything you need to know about Kerim and how he runs this business with lack of promotion, communication and happy to stick with a broker that suits this.
'We prefer to skulk in the background'
Unbelievable.

[plasybryn] 18/12/2022 12:19

That was just the slides was it not, not the verbal presentation which as far as i can see has only recently been released on far more obscure / under the radar Twitter and Linkedin. Correct me if I'm wrong

[xow98] 18/12/2022 11:49

zangdook, the presentation was on twitter on the 30th Nov.

See post 14813

[soulsauce] 18/12/2022 11:41

'We prefer to skulk in the background'
WTF - yes he really said it but why.
👎

[zangdook] 18/12/2022 10:41

It's on youtube but no mention on twitter. I almost feel guilty watching it, they obviously don't want too many people to see it. Linkedin is a place to recruit staff, not attract investors.

[actonovator] 18/12/2022 09:39

4p by Christmas

[zedder] 18/12/2022 07:51

If we were mining umms and errs we'd be millionaires.

[konil] 17/12/2022 19:17

xow, while what costa states is logical, i.e. reduced production eventually leads to increased prices, it is of course how the entire mining industry, not just gold, operates cycle upon cycle.

imo the really big moves will come when the 'managers' i.e. manipulators of the gold market lose their power to keep a lid on prices. what will bring that about? i don't know but basel3, which i'd once hoped might set off something, is unlikely to be it. could it be weakness/crash in the $, a currency which has been parading in emperor's new clothes for over a decade now, or perhaps unsavoury political developments.

such events, if they were to happen, may also precipitate the end of the silver discount we have seen for many years now away from long standing ratios cf. gold. in that regard kizil which produces 10x more ag than au could become a...errr...gold mine?

we can only imagine while we wait to see what will unfold.

[plasybryn] 17/12/2022 19:08

Yes no update on the Broker situation which was discussed at length at the AGM. We can assume that Kerim has again stubbornly won the day and kicked that into the long grass. Perhaps that was raised in the Q and A and as a consequence they couldn't be transmitted. I dont think we should let them get away with this - it seemed that at least Michael and Chris Sangster were open to appointing a more shareholder focused Broker.