Ariana Resources Share Discussion Threads

[paul280i] 06/6/2023 10:08

One sentance that helps keep me holding these shares is "A final point worthy of note is the transfer of £7.2m from the Capital Reduction Reserve to boost Retained Earnings, and facilitate dividend payments in future years."

I just hope I'm still aroung to receive it.

[jaynesdad] 06/6/2023 09:59

I am so disenchanted now. Ariana acts like an easily bored child. Wants to gather more and more projects, to get its fingers in more pies, then gets bored and goes down to the toyshop where bright shiny new ones are to play with for a bit before in turn getting put on a back burner with the others. I'm off to Wethespoons, maybe all the old soaks down there every day staring distantly into their pints are fellow Ariana shareholders. Perhaps I'll ask them.

[soulsauce] 06/6/2023 09:53

JD, it is quite obvious now that Kerim & Co will be waiting until markets improve however long it takes, whatever that means.
But lets break it down. Markets won't improve until mid/late September now due to the summer malaise but may not improve until the Ukraine war shows some signs of resolution.
Given they will need to see a marked improvement over say 3mths and then another 3mths+ to work through the ipo procedure means there will be no ipo this year.

What is disappointing is that not only has Apliki been put long term hold (if we have not lost it altogether) but it seems everything else in Cyprus is on hold.

[dixi] 06/6/2023 09:47

Maybe Hellenic will go it alone with Apliki?

[jaynesdad] 06/6/2023 09:43

Nov31
Don't get too worried about new investors getting new shares at 'only' 2.4p.
The market price is less than that already, with the usual discount any new shares placed will be more like 2p.
No Soul, Apliki is not mentioned, it was the first thing I searched for.

[kaos3] 06/6/2023 09:24

FULL RESPECT to the AAU operational team ... superb work

[kaos3] 06/6/2023 09:23

also - we got huge boost from our USD cash ... I wonder where and what are the JV 15 mil cash equivalents

[kaos3] 06/6/2023 09:21

thinking about the current strategy

JV produced 25 million profit

AAU produced 0,5 million profit

/with the help of JV/


in my simple logic we should have been making 25 mill * 0,235 stake /5,8 mil/ + profit from other activities + return on cash

[kaos3] 06/6/2023 09:09

maybe MdV should become an AAU ambassador or get a title like honorable .. get a promotion

[kaos3] 06/6/2023 08:56

ok... correct me if i am wrong

Total comprehensive profit for the
year 526 908
--------------------------------------------- ----- --------- ---------
divided by 1.1 billion shares

brings the result / after readjusting the calculator to get enough zeros/

0,0005 GBP/share

[soulsauce] 06/6/2023 08:56

Buy at market, good luck with that one rennicks. Most money men want a decent discount and warrants these days.

[jbravo2] 06/6/2023 08:56

Someone…
Any volunteers?????
:D

[renniks2016] 06/6/2023 08:53

Remember Newmont brought into WTR @ 4.2 via investment in AAU, that was at a premium then, surely they must be thinking these are hugely disconnected now. Used to think this could rise rapidly on relatively small volume, not so sure now, so maybe it's a good time for someone to buy large amount at market?

[bodgit] 06/6/2023 08:39

I've pushed my AAU shares to the back of the bottom drawer. Maybe my inheritors will benefit. Gla.

[soulsauce] 06/6/2023 08:23

Anyone see Apliki mentioned?

[soulsauce] 06/6/2023 08:21

Isn't that what PG were brought in to do 2016 and failed abysmally.

[dixi] 06/6/2023 08:18

Get Tavsan back on track, maybe Venus too, then the share price should be considerably higher. That's my hope. But it does read that shares will be offered to external investors at some point.

[nov31] 06/6/2023 08:14

“We are going to pursue investment from investors further afield” - or similar wording.

Well I hope they don’t blo*dy we’ll offer them shares at 2.4p a piece and make them pay a premium or buy in the open market. I will be seriously pis&ed off if they dilute and take on other investors at a knock down price!

[kaos3] 06/6/2023 08:12

my hat is off to AAU for fair reporting ....

we got JV balance sheet ... on which is 15 mil cash ... after they spent 4 mil on Tavsan

[dixi] 06/6/2023 08:09

Yes, some faith in their goals would be appreciated!

[xow98] 06/6/2023 08:08

Should clear the way for some big director buys now.

[bigglesbingham] 06/6/2023 08:04

Tarsvan is in hands of court, Venus reading between lines is a waiting game they mention incubate, only they now ins and outs and best time although we all want it to progress sooner rather than later we need the right deal.

[shortarm] 06/6/2023 08:04

Ariana have never operated the mine Zangdook, that is Proccea.

[soulsauce] 06/6/2023 08:03

Shortarm of all the grumpy posts above you pick on mine lol.
You really do need to put me on your filter list for your own peace of mind fella.