Ariana Resources Share Discussion Threads

[bigglesbingham] 22/8/2023 17:45

Absolutely correct it will open at 3.1 with no news. With info relating to Aussie investment may open at 4. (This was tongue in cheek for benefit of Soul)

[thanksamillion] 22/8/2023 16:48

I recon the drop back to 3.02 was caused by the UT at the end of day.

Mid still 3.1

[zangdook] 22/8/2023 16:42

If he doesn't like the spread perhaps we could find him some Nutella.

[bigglesbingham] 22/8/2023 16:11

That was my 100000 buy

[bigglesbingham] 22/8/2023 16:11

Nice 250 purchase at 3.2p momentum definitely building 12 month prior to mine opening as predicted in AAU presentation of 18 months ago.

[soulsauce] 22/8/2023 15:43

Cinoib when you was worried about the spread several weeks ago you could have got them at 2.5p 😉

[cinoib] 22/8/2023 14:59

Kirb, no as won't even ask for a quote with a spread like that as you can always get inside even on the smallest of spreads. See the MM's must have been reading my comment as the spread has come down some what.

[thanksamillion] 22/8/2023 14:07

Sp up a tad just now, maybe a large unreported buy gone through.


EDIT
Mabe not, buy gone through below 3.2 and sell price raised a bit, probably cheapest broker dropped out.

[kirbs4] 22/8/2023 13:38

Have you been quoted a price cinoib? The spread on here is often misleading and the last trade was at 3.05 so either a very generous sell price or they are available much cheaper than advertised.

[xow98] 22/8/2023 12:25

RNS:

ASGARD METALS FUND: INVESTMENT IN PALLAS RESOURCES

Ariana Resources plc ("Ariana" or "the Company"), the AIM-listed mineral exploration and development company with joint-venture gold mining operations in Europe, is pleased to announce the second investment of the Asgard Metals Fund ("the Fund" and a wholly owned subsidiary of Ariana), which is being developed as part of its proprietary Project Catalyst Strategy.

Highlights:

· Asgard Metals Fund ("Asgard") to take an interest in Pallas Resources Limited ("Pallas"), a UK company with several large copper and gold licences in highly prolific mineral belts of Kazakhstan.

· Up to 1.25 million shares in Pallas to be issued to Asgard following a strategic investment (equivalent to £200,000) and as specified within a Consultancy Agreement (up to an equivalent of £75,000).

· Under the Consultancy Agreement, the Ariana team will provide technical consulting services to Pallas' exploration efforts in Kazakhstan over a two-year period.

hxxps://polaris.brighterir.com/public/ariana_resources_plc/news/rns/story/xpemymr

[thanksamillion] 22/8/2023 12:18

Not sure which article has its GBP figures wrong but they all seem consistent on the 6% final holding...



Ariana Resources PLC - exploration firm with interests in Turkey - Through subsidiary Asgard Metals Fund, invests GBP275,000 into Kazakhstan-based gold and copper explorer Pallas Resources Ltd for 1.3 million shares.

In addition, Ariana will also sign a consultancy agreement with Pallas, under which Ariana will provide technical consulting services for exploration activities by Pallas over a two-year period.

Asgard Metals will hold a 6% stake in Pallas once fully invested.

[shortarm] 22/8/2023 12:10

Yeah, I meant 270 lol

[xow98] 22/8/2023 11:47

Up to 1.25 million shares in Pallas to be issued to Asgard following a strategic investment (equivalent to £200,000) and as specified within a Consultancy Agreement (up to an equivalent of £75,000).

[charles clore] 22/8/2023 11:47

Sshortarm - I think the figure was270 plus consultancy, forgive me if I'm wrong.

[shortarm] 22/8/2023 11:26

Wasn't the last lithium style investment 30k turned into 3 million?If this starts with 27k plus consultancy then :-D

[paul280i] 22/8/2023 11:13

Thanks, 6 percent, could be a worthwile investment.

[plasybryn] 22/8/2023 10:48

Don't forget today is apparently the start of the BRICS Meeting in Johannesburg where we are told a new gold backed trade currency is on the agenda. It has been suggested they will announce this new digital trade currency on Friday. The amazing thing is that it is reported that it will be gold backed.

If this was all going to happen as stated I would have expected the gold price to have already started to hedge up strongly, so I am a bit bemused I must say.

But worth keeping an eye open for details on this very important Conference, not least because of the potential implications for the US$ & the wider Western World.

[plasybryn] 22/8/2023 10:21

As I said in an earlier post, the Co will be presenting on the four value generators (Tavsan, Hizarliyayla, Kizilcukur -part of Kiziltepe, and Venus Minerals, Cyprus) having decided to be one of the Gold sponsors for the Society of Economic Geologists 2023 Conference being held in London 26th - 29th August.

Is there a possibility therefore that there will be news before the interview (i.e. tomorrow morning) or before the Conference given the focus on Tavsan, Hizarliyayla, Kizilcukur and the Venus IPO? Just a thought.

[xow98] 22/8/2023 10:20

Pallas Resources Limited (6.0% held):




Up to 1.25 million shares in Pallas to be issued to Asgard following a strategic investment (equivalent to £200,000) and as specified within a Consultancy Agreement (up to an equivalent of £75,000).

[plasybryn] 22/8/2023 10:16

I asked Yellow Jersey if the Conference presentations would be available. This is there reply:-

If we can receive access to the presentation form the organisation team at SEG, then we will look to upload onto the website for all investors to read through.

Many Thanks

Shivantha Thambirajah

[thanksamillion] 22/8/2023 10:15

paul, found this in one article

Asgard Metals will hold a 6% stake in Pallas once fully invested.

Cost was £270k plus consultancy.

[paul280i] 22/8/2023 09:58

This is from the Altai Resources website:

"Company Snapshot

Incubated as a portfolio company of Pallas Resources in early 2022 with the sole focus of exploiting the untapped nickel sulfide potential of Central Asia.

On the hunt for supergiant nickel sulfide systems in Kazakhstan.

First mover in the Altai nickel belt of Central Asia, a large (>1,100km) and severely underexplored province overlapping the same superplume as Norilsk.

World-class nickel sulfide generative team including Dr Steve Beresford.

Unique combination of outcropping sulfides and complete lack of electromagnetic surveys in a belt book-ended by producing nickel operations, a true rarity in the global nickel search space.

Altai’s first licence (Kokpekty) hosts multiple targets with at surface Ni-Cu occurrences. Searching for Norilsk Cu-Ni analogues: large-scale concentrations of polymetallic sulfides formed by magma interaction with evaporites."

I can't find how much of Pallas Resources Ariana own.
Should I be getting excited?

[shortarm] 22/8/2023 08:41

Gold creeping back over 1900 currently.

[shortarm] 22/8/2023 07:23

Was hoping for some news today to upset the sellers of yesterday :-D