Ariana Resources Share Discussion Threads

[konil] 12/1/2023 13:43

btw, i too am less than happy with company comms and especially so as i am hugely in the red at these levels.

[konil] 12/1/2023 13:42

soul, yes approx. and also i think the aisc at kizil is different to that projected for tavsan.

but ignoring the fine detail which in any case is unknown for most (if not all) companies until after the fact, and going for broad brush, we can work on somewhere between $600 and $700, probably lower than $600 for kizil and higher for tavsan but guidance suggests not over $700 iirc. as i understand it any increase or decrease in gp will feed directly to the bottom line. imo silver credits is just an accounting convenience, and helps us to see the outcome without having to account for 2 different sets of numbers.

so the answer to the op's question is that the difference of a $10 move in gp is simply $10 x production ounces. with say 25,000 oz p.a. a $10 move up would mean $250,000 more at the bottom line or if move down then $250,000 less at the bottom line. of course this is at jv level, so 23.5% at aau level. bwdik.

[soulsauce] 12/1/2023 13:07

So why question if I am unhappy here. You know I am not happy with the status quo and as I have said I am only holding for Salinbas and maybe Tavsan but I am not happy to continue any longer term supporting what Kerim thinks is the right way to treat shareholders and seemingly run this business to suit him rather than what is in shareholders best interests.

[shortarm] 12/1/2023 13:04

Incorrect? Don't think so, silver is in fact a large and beneficial by product.

[soulsauce] 12/1/2023 12:38

No more than usual Shortarm. Have I said something that isn't right again?

[shortarm] 12/1/2023 12:30

AAU parent company costs are not included I believe. They work on so many projects I guess they would only have to guess at Kiziltepe involvement - which is negligible. You very unhappy here Soul - eh?

[thanksamillion] 12/1/2023 12:30

Different world

Bigglesbingham who posts on this board has often dabbled in geared silver tracking funds, wading back trough his posts may tell you which provider he uses there is sure to be a gold one too.

[soulsauce] 12/1/2023 12:03

Doesn't the circa stand for about konil? So not definitive and if my memory served me right there was something that figure didn't include that a aiisc would do.
Also a large part of our gold Dore is made up of silver.

[thanksamillion] 12/1/2023 12:02

Clicking on the financials tab at the top will give many such details. But your request sounds more gold share price specific so no help there I expect.

Honest answer is this jungle of different projects all in different phases means that there is no true correlation with gold share price other than a general hand-up/hand down.

AIMHO DYOR

[konil] 12/1/2023 12:01

i thought the c.$600 was aisc?

[soulsauce] 12/1/2023 11:56

But we never get a definitive AIISC Shortarm.

[shortarm] 12/1/2023 11:55

Not even slightly - AAU isIn the lowest quartile of costs! Around 600 dollars an ounce.

[soulsauce] 12/1/2023 11:55

Good luck working that one out.

[different world] 12/1/2023 11:51

Anyone have an idea of the gearing here? ie every $10 rise (or fall) in the gold price how does it impact the bottom line?

[actonovator] 12/1/2023 11:44

US CPI figures land at 1:30 - could see a bit of bit of action on the gold price, which seems to lurch 20-30 dollars either way. Optimistically we may have a first crack at 1900.

[kaos3] 12/1/2023 10:45

OT

a speech by Peterson



Thanksamillion - I have the worst possible employer ... the creator ...

to break the silence ...

[kaos3] 12/1/2023 08:07

2vdm - I adore puzzles, rebuses and all those words&names , letters mix etc,,,,

2vdm
12 Jan '23 - 07:53 - 15345 of 15346
0 2 0
Another Tina Doyle ramper filtered

good morning BLUE poster

[2vdm] 12/1/2023 07:53

Another Tina Doyle ramper filtered

[soulsauce] 11/1/2023 22:56

These shortfalls are nothing new Charles so I don't think remedial action is on the cards and I certainly see no signs of it, in fact it seems to have deteriorated further.

[charles clore] 11/1/2023 22:03

Obvious shortfalls exist in dissemination of information and promotion of the company etc. Shareholders are not happy with the current arrangements. The company bod should be concerned about this and take remedial action ASAP if they have any respect at all.

[konil] 11/1/2023 16:33

at the latest opportunity to vote on mdv tenure there was no indication (according to the reported voting numbers) that there was any significant dissatisfaction with his performance.

i did send a negative vote for mdv re-election but it was less than a drop in the ocean even when consolidated with other negative votes. perhaps my vote through nominee broker never made it, and neither did all the other nominee votes, who knows? there was something about a show of hands in the room, or maybe i'm confusing separate issues.

cant see anything changing here, though i'm not fully in agreement with the thinking that ks is happy to see slow growth in share price

[plasybryn] 11/1/2023 16:25

Great post xow98. I would support a change or changes to the Board as you know. Complacency, arrogance and all the points you rightly raise need addressing.

[jaf1948] 11/1/2023 16:22

xow,

You are saying what I have been saying for the past couple of years, but you say it better.

[soulsauce] 11/1/2023 16:02

Great post xow but on top of that he has done all he can to complicate the company structure to limit the chances of a buyout, but again all that does is put prospective investors off as they don't understand it. I can't say I do most of the time and will never understand why Zenit was created instead of a straight forward JV between Proccea and Ariana at the time.
Of course now it has been complicated even further to the point that we are not sure who is responsible for issuing the news from Salinbas.
Whoever it is, Ariana must not neglect their duty towards shareholders.