Ariana Resources Share Discussion Threads

[xow98] 25/8/2023 13:01

Brian Hirschmann: $7000 Gold & The Global Debt Contagion Powder Keg

[shortarm] 25/8/2023 12:34

Gold and copper stocks in this case :-)

[cinoib] 25/8/2023 12:30

Saul, with Asc at £4 and just .5p spread I ll stick too that for the time being. Gold needs to settle down and show its true value before I risk anymore in gold stocks.

[shortarm] 25/8/2023 12:22

Proccea really know how to build and run a mine, we have seen that over the last six year.Ozaltim would not be putting 8 million into Salinbas without knowing it is gonna go the same way but I would like a new JORC, the current one is way old!

[xow98] 25/8/2023 11:54

The new guy works for a consultancy, works part time for PNT (same as our CFO), also a CFO of another ASX listed miner.

[plasybryn] 25/8/2023 11:31

SP Angel today: Turkey – Lira strengthened on the back of a larger than expected 750bp rate hike by the central bank.
The surprise move took rates to 25% marking their highest level since 2019.
Estimates were for a 250bp move.
The policy committee that includes three new members with a strong hawkish bias said it would tighten “as much as needed in a timely and gradual manner” to cool inflation that hit 48% last month.

[bigglesbingham] 25/8/2023 10:55

The guy they have made full CFO has been assistant CFO since Dec 21. So not really new but promoted. Existing cfo still ceo.

[thanksamillion] 25/8/2023 09:20

New face at Panther Metals AUS, CFO/Financial Manager, Ranko Madic retains CEO role.

[renniks2016] 24/8/2023 21:00

They have already revealed that they will, it's no secret. Nobody seemed to mind when Newmont invested at 4.2p, and 10% premium at the time and likely to do more again. Newmont to invest US$2.5 million in Ariana based on a 10% premium to a 30-day volume-weighted average price ("VWAP"), to enable the funding of the Alliance's activities, in addition to providing access to Newmont's Regional Database.-- The Alliance between Newmont, Ariana and WTR to run for an intial period of 5 years; such period being mutually extendable with future funding requirements of the Alliance to be met by Newmont, via an option to further invest in Ariana.

[excellance] 24/8/2023 20:17

Like they'd ever reveal that outside of their bubble

[dixi] 24/8/2023 20:13

You couldn't actually guarantee that about any listed company. You'll have to make your own decision on that matter. Why ask here? Go and ask the company they ought to know!

[excellance] 24/8/2023 19:22

So, can you say without any doubt that Ariana will not raise capital in the next 12 months?

[bigglesbingham] 24/8/2023 18:46

Think you need to do more research and your questions will be answered

[excellance] 24/8/2023 18:37

So the question arises, why is this still under 3p if the broker note says 5.5p?

Well, brokers are there to sell shares, and to do that they weave a web of lies.

Why is the CEO doing the PR rounds?

One mine is due to cease production in two years, another hasn't started yet. Will mine one extend for another year, six months, 5 years?

Will mine 2 run at a profit?
Will it need more investment?

What about exploration at the other projects, is that free?

At least gold is holding its value.

At 3.1p this was testing a breakout, but someone is selling into that.

Are buyers really forming a queue to buy?

Why would anyone buy this until we know more about future funding requirements and revenue's?

[bigglesbingham] 24/8/2023 15:54

I always ask the question what would I do in his situation . I wouldn't share that info to be honest as many times it raises more questions than it answers. I though his answer to the question could have been on the lines of ... our brokers try to build in a very conservative value for each part of the business into a target shareprice. Even under these conservative estimates their target is 5.5p and our shareprice is 3p so I think that answers your question!!

[jaf1948] 24/8/2023 15:03

Encouraging but alas nothing it seems will attract new investors until something specific actually adds to shareholder value.

[kirbs4] 24/8/2023 13:54

Thought that was a good interview. Good to highlight that even in current economic circumstances the production costs are still in the lowest quartile globally, that's always been a strength here.Clearly I'm selfish being a shareholder but did feel a little laid back around the share price and whether projects were priced in, I'd have preferred to hear a bit more oomph and some kind of suggestion that they are thinking of approaches to improving sentiment. Overall though a good interview that reinforced that fundamentally we are in a fantastic place, while also carrying a couple of game changing opportunities.

[jaf1948] 24/8/2023 12:43

Certainly an encouraging interview.

[shortarm] 24/8/2023 12:26

That is 157.3 gram metres or whatever they call it. Anything over 50 is considered Bonanza iirc?

[shortarm] 24/8/2023 12:09

So I already mentioned the pushback in the Derya pit to the higher grades.
A reminder!!!
.
High-grade potential at Derya includes the previously reported ‘Bonanza Zone’ intercept of 12.1 m @ 13.1g/t Au + 187.6g/t Ag. BONANZA!
.
670M Strike lenght
New significant intercepts within the vein system include:
4.2 m @ 6.07g/t Au + 98.2g/t Ag
7.1 m @ 2.23g/t Au + 11.3g/t Ag
2.5 m @ 6.07g/t Au + 71.8g/t Ag

[charles clore] 24/8/2023 11:05

I like the way Kerim says 'we have economic / production models for all of our projects.' That is indeed very good to onow, so how about sharing them with shareholders in the new age of enlightenment?

[bigglesbingham] 24/8/2023 11:03

Mr conservative . They didn't mention the 10m in cash in valuation but can't have everything.

[shortarm] 24/8/2023 10:45

Indeed! I have to say it always amuses me that he refuses to say Kiziltepe will be producing gold until.... With all these pit extensions and new high grade deposits(Derya) you would think he could sayA few years?A couple of years?I don't like to say as it will sound ridiculous...