Ariana Resources Share Discussion Threads

[shortarm] 16/1/2023 11:27

That's me buddy, just back from Trysil with my new skis so plenty to smile about :-)

[jaynesdad] 16/1/2023 10:40

Shortarm
I like your posts, they are always positive while the rest of us are being miserable!

[shortarm] 16/1/2023 08:45

Nice to see some early blue today!

[dixi] 15/1/2023 20:28

Yes, when the dam bursts, this could well become very interesting.

[tnt99] 15/1/2023 19:45

Should double from here

[rjwoodrjwood] 15/1/2023 18:55

Frustrating as it is, one has to consider that Salinbas drilling results might not be released because Ozaltin has put an embargo on them. Ozaltin are the majority shareholder, so I assume they cannot be released by Ariana without their approval. What I find inexcusable is the lack of updates / progress on the project that are 100% Ariana....And yes, there are some holders who are in good profit at 3p and are reducing their holding!

[xow98] 15/1/2023 16:38

As noted by Luke Gromen (Forest For the Trees, 12/09/22), central banks sold $424 billion of their holdings of U.S. Treasuries through the first nine months of 2022 while buying record amounts of gold in Q3 2022.

[xow98] 15/1/2023 13:47

Zenit website not very helpful

Kütahya-Tavşanlı Gold-Silver Mine Project

The Kütahya-Tavşanlı Gold-Silver Mine Project is in the preparation phase.

[xow98] 15/1/2023 13:16

Not me, just sharing

[soulsauce] 15/1/2023 13:01

Nicely xow.

[xow98] 15/1/2023 12:46

David.L Ascending Positivity #DefundTheBBC
@DavidAscending
14h

Replying to @ArianaResources

Thanks. Why have you hidden all drilling news of Salinbas from the shareholders?

Are the directors flouting AIM regulations regarding the release of price sensitive information?

[soulsauce] 15/1/2023 12:39

Agreed JD. As things stand I still have a question mark over Cyprus which I hope will be addressed positively in the next update should they be good enough to present us with one soon.

[jaynesdad] 15/1/2023 12:15

Soul
If I were to go into a meditative state and predict something other than the end of the world (or Everton avoiding relegation) it would be that, other than a fantastically strong run in PM prices, any foray that the share price makes into the 3.5p territory and above (if only) will be met with a flurry of selling from disillusioned shareholders. The more cynical may say that is already true of 3p. The fact is that silent though it already is, there is no news from the company likely about the current exploration assets which will change that. We have Tavsan, we have Cyprus, then we have the best part of a decade before anything else comes to fruition.

[soulsauce] 15/1/2023 09:08

Yes Jaf it appears so.

[jaf1948] 15/1/2023 07:40

Soul,

The cash holding is actually helping the BoD in the sense that as long as it is there, they will not need to ask shareholders for cash. Hence shareholders can be treated with complete disdain, which is what is happening.

[soulsauce] 15/1/2023 01:23

Exactly right coach.
The market has little interest in AAUs cash. If it is not going to be reinvested or paid as a dividend it is just a figure on the balance sheet.
Maybe the market was hoping,like most of us, that Ariana would be expansive after the divestment, instead the opposite is true and seemingly having no plan for it other than sat in a bank somewhere.

[coachsailor] 15/1/2023 00:37

Charles; most of us are aware of the numerous plus points that Ariana has going for it which is why we are here. Unfortunately the market has become increasngly unenthusiastic and the price failed to recover much above 3p despite the rising pog. The lack of updates which plasybryn has itemised so thoroughly is the probable reason for this.

[charles clore] 14/1/2023 21:09

Coachsailor - how many other junior miners that you know of have c. £10m in the bank and £7m annual income from a producing mine?

[coachsailor] 14/1/2023 19:23

An excellent summary Plasybryn on all the points which investors have been expecting to receive updates on for some time Hopefully it will be this month.

Lets hope the directors (and YJ) will have access to that list and then answer most of the points. If for any reason, circumstances prevent them giving updates on some of the outstanding items, they can say so and give an indication on when we can expct more information.

With the rising pog most of the papers and investment media are looking at junior miners for ones to recommend to their readers, but they are unlikely to suggest Ariana while there are so many holes in the current information available. Once more information is available we should see a prompt positive move in the share prce at least back to our 2021 levels.

[dixi] 14/1/2023 19:00

From Venus press release 22nd March 22:-It should be noted that Venus Minerals is progressing towards an IPO on AIM of the London Stock Exchange during Q2 2022, principally to facilitate the development of Apliki and to fund further exploration of its copper-gold assets across Cyprus. Venus Minerals will be in a position to fast-track Apliki to the mining stage within 18 months following its proposed stock exchange listing.

[soulsauce] 14/1/2023 18:56

Well quite dixi which makes it doubly important.

[dixi] 14/1/2023 18:27

Maybe the Apliki situation is dependent on the Venus ipo? Afterall the ipo was going to be instrumental in fast-tracking Apliki to production.

[soulsauce] 14/1/2023 17:49

I seem to remember someone posting on here that Venus only had option on Apliki until 31st Dec '22.
Another 'very' important piece of information out in the ether that needs some clarification.

Excellent work Plasybryn. If we get to find out 50% of that I will be surprised, but we can live in hope.

[xow98] 14/1/2023 17:27

Plasybryn, hopefully get an update this coming week that gives us all that information (I see a tweet reminding them it was this week last year, per xow's earlier post).

If it doesn't provide meaningful information then we might need to get that 10% together and that would clearly require BB's buy in.