Ariana Resources Share Discussion Threads

[bigglesbingham] 24/7/2023 09:25

This seller is persistent

[charles clore] 24/7/2023 09:21

A solid performance by AAU underpinning the potential of Kiziltepe through the opportunity at Kizilcukur and showing how the company maximises the use of technology. Deserves a higher share price and much better recognition. Well done.

[shortarm] 24/7/2023 08:41

The peak rock-chip assay result in this area was 152g/t gold and 1,320g/t silver, suggesting the potential for substantial near-surface enrichment.

[soulsauce] 24/7/2023 08:33

Yep must be the same people ticking you up and ticking others down 😄

[professor pettigrew] 24/7/2023 07:52

soulsauce - I do no such thing. I just post. I've no idea how they get to be highlighted and saved at the top.

Perhaps you are concentrating too much on the plethora of tick-ups on them.

[soulsauce] 24/7/2023 07:46

Rns coming thick and fast now.

Pettigrew why do you keep highlighting your posts so that they are saved at the top?

[kaos3] 24/7/2023 07:09

RNS - superb prospects

a Q - 70 km away by road ... how will the ore be processed or better said where to what degree? how does it work?

TIA

[professor pettigrew] 24/7/2023 07:08

Some more excellent drilling news, Kiliztepe sector silver grades in particular very high.

Kerim should be congratulated for his hard work and effort here, buildig a very solid debt free cash-rich company with ever increasing gold/silver holdings and copper too.

Ridiuclously undervalued.

[plasybryn] 23/7/2023 19:35

Zak Mir on Bulletin Board Heros says 2.8/3.2p is possible for AAU in fairly short order. Fingers crossed. Thanks to Rennicks for bringing this to my attention on Twitter.

[chinese investor] 23/7/2023 08:12

Good Morning !

[professor pettigrew] 22/7/2023 17:55

Bit of a daft question. None.

You are only allowed one name here linked to your e-mail. Try and create another one yourself and see.

[shortarm] 22/7/2023 17:50

Why would six people recommend that post? How many aliases do you have?

[professor pettigrew] 22/7/2023 13:07

Biggles - if you don't mind me asking.

Given the positive RNS's this week, and the tome from WH Ireland, are you planning to further increase your stake here in the coming weeks and months?

[professor pettigrew] 22/7/2023 12:10

WH Ireland's research report was very comprehensive, and should lead to some added interest on Monday.

But, I think what will get the share price moving over 3p and upwards is Sunday press comment or HotStockRockets re-inititing their orirginal BUY recommendation. They stopped coverage on the Tavsan mine halt news. Now it has recommenced (at a pace) I would imagine they may start coverage again.

Each day the gold price stays around the current level as opposed to the $1850 used by them, the leverage is working well for Ariana.

[chinese investor] 22/7/2023 10:42

Plasybryn - I'll add your entry to the competition list.

Good luck !

[plasybryn] 22/7/2023 09:51

Although it was we the shareholders who pushed the Co. to get a new or additional Broker, I think this Note from W.H. Ireland just shows how right we were to keep plugging away. Pat on the back to us!!

Ariana is becoming quite a complex story with so many tentacles as the Chairman once said, which the Co. weren't in fairness getting across that successfully. This report really helps in that regard in my opinion. But it also of course puts values against the numerous strings to our bow, which clearly most have significant potential to be re-rated as the Co. progresses. Good stuff. Let's hope the Co. don't waste the opportunity to get this widely marketed.

[professor pettigrew] 22/7/2023 08:59

The Tavsan recommencement news was much bigger than the market gave it credit for.

This small nugget probably unnoticed in the report gives impetus to production going forward.

The word "triple" is used here.


With Tavsan scheduled to come online in 2024 and Salinbas as early as 2026, Ariana’s gold
production and revenues are forecast to triple from 2022 estimates (Figure 5). Salinbas
will also likely produce silver and copper.
Figure 4: Zenit Madencilik projects and gold production
Source: WH Ireland Research, Ariana Resources

[plasybryn] 22/7/2023 08:57

One of the telling statements for me was at the bottom of page 6.
"We will look to put forecasts into our analysis once the Tavsan construction has been completed and Ariana begins to receive its share of the profits from the Zenit JV."
This conservative 5.5p target must be just a base line for WHI to establish a start value, but once Tavsan is up & running we can expect them to be revise this up quite significantly. Plus only nominal values at this point for much of the rest. All to play for.

[professor pettigrew] 22/7/2023 08:30

An excellent report from WH Ireland.

I note throughout they are basing it on a gold price of $1850 and silver of $25.

The silver price is around the level used, but gold is around $100 firmer.

They also quote Ariana's "Highly leveraged" exposure to the gold price in particular. Our extraction costs are probably one of the lowest around, so obviously any move for gold over $2,000 will blow the estimated figures by the broker out of the water.

I think what WH Ireland are hinting at is that "5.5p fair value" is a rock-bottom minimum.

By the looks of it, accumulation under 3p is currently a no-brainer.

[thanksamillion] 22/7/2023 07:18

Pdf shows "Management" owning 9.76%.

[plasybryn] 22/7/2023 07:03

Fair comment but at least Apliki is mentioned twice and the intentions are clear. We had lost sight & sound of it but this confirms to me that there is still an expectation and intention to re-establish a way forward as soon as the IPO is sorted.

[zangdook] 22/7/2023 06:29

'has a good relationship with' is just words. 'looking to re-engage' - hoping to get back with my ex who dumped me.

maybe it will come to something but those words don't justify assigning any value to it.

[plasybryn] 21/7/2023 20:36

I have read it all now and it is very good. WH Ireland have done Ariana proud. They have got a great grip on the Co and how underrated and under appreciated it is. The only real omission as i can see is forgetting to say how many shares the directors own. Let us hope this gets widely circulated and reaches many potential new significant investors. Enjoy.

[soulsauce] 21/7/2023 20:24

Good to know. Thanks for highlighting that Plasybryn. If that happens it will be a big plus.