Ariana Resources Share Discussion Threads

[soulsauce] 06/10/2023 12:55

Indeed but the demise of Chf doesn't actually bode well for our own Cyprus assets, although Chf's troubles initially started by trying to run before they could walk.
But the issues of large Capex for plant doesn't sit well against small open pit operations and that is why if we are going to ever produce there we need to resurrect the Hellenic deal.

[charles clore] 06/10/2023 12:35

Makes AAU feel like a supersrock Biggles !

[bigglesbingham] 06/10/2023 10:55

Chf 0.65p bloody hell

[chinese investor] 06/10/2023 08:11

Good Morning !

[bigglesbingham] 05/10/2023 15:25

Soul we agree on that he's been pushing positively chf for 19p

[jaynesdad] 05/10/2023 13:14

Don't ask me to chill thanksamillion or I'll take you outside and give you a Brummie bunch of fives!
I nearly said a Brummie kiss but it somehow looked wrong....

[jaynesdad] 05/10/2023 13:02

excellence you are just a deramper.
Costs are up of course with inflation as high as it is in Turkey. But earnings are in dollars in the JV, and the $/Turkish Lira has gone from 18.5 to 27.5 in a year so pretty much static in real terms if cost inflation matches the published inflation figures.
As Shortarm pointed AAUs profit comes from dividends from the JV which is being reinvested in building the Tavsan plant rather than being distributed and a loan taken out, so profit is down. When in production the profits will emerge pretty much from the word go at Tavsan as I understand it. The share price is whatever the share price is, with hiccups at the Venus IPO and a temporary halt of the Tavsam plant build (the latter now resolved) affecting sentiment.
My only debate with shortarms figure of 50,000 ounces per annum is that will be a run rate since production will commence part way through the year at Tavsan and will need ramping up to full production estimated at 30000 ounces, Kiziltepe production looks likely to tail off in 2025.

[soulsauce] 05/10/2023 12:47

excellance deramping over two BBs lol. The biggest contrarian pointer you could find. Time to buy more 😆

[bigglesbingham] 05/10/2023 11:41

Yep but to be fair to soul think they were referring to making a million rather than worth a million, ha ha

[thanksamillion] 05/10/2023 11:32

No point asking for folk to chill a little......... errrr no I thought not.

:-{

[bigglesbingham] 05/10/2023 11:24

You concentrate on CHF excellence I heard nothing but rubbish from you in respect of that share so not surprised at you spouting garbage here.

[shortarm] 05/10/2023 11:20

Rising costs - yes, building a new and bigger mine without debt - excellent!.Lower profit - still producing at similar lowest quartile costs but small dividends to AAU as they are BUILDING A NEW AND BIGGER MINE.. Close to 50 000 ounces at group level next year - you should definitely short this one :-D

[excellance] 05/10/2023 11:18

Ariana has several "arms length" projects, part shares of projects run by other companies, but which of those will announce that they need more cash, and will AAU be obliged to fund?

So many variables in this hotch potch company of many hidden parts.

[excellance] 05/10/2023 10:49

Rising costs tick
Lower profit tick
Lower share price tick

1p by Xmas.

[kaos3] 05/10/2023 10:30

...whereas the 500 quid in and I am gonna be a millionaire soon bunch just love to type out their ‘I would do it this way fantasies...

in my case you are exactly right

hence i did reduce posts last few months and am forming some posts as Qs for IMC in order to reduce rant... as per above

PS - Short ...emotional involvement comes from percentage of persons total wealth invested, not from an absolute money number invested . and we - poor - are also probably less stoic, less educated, sometimes lower IQ /speaking for my self/ so this realty could be considered sometimes in dealing with us

[excellance] 05/10/2023 10:29

The good news is that Turkish inflation appears to have peaked at 61.5% with interest rates at 30%.
Well done Erdogan, masterful economic policy.

[excellance] 05/10/2023 10:10

Looks like good progress is being made across the portfolio, with increased costs so far under control tho profit not as high as expected.

Still no word on the Venus IPO.

Costs costs costs...

[shortarm] 05/10/2023 10:05

But at least you agree that millionaire soon, no - but eventually :-D

[soulsauce] 05/10/2023 10:00

Yep and he has put a high percentage of that million in and been here a long long time so the comment still stands.

[shortarm] 05/10/2023 09:41

Biggles 5% is currently worth over one and a quarter million :-)And if I remember correctly his cheapest purchases were well under a penny..

[soulsauce] 05/10/2023 09:33

As we have already said Shortarm, no-one is going to be a millionaire soon here ;-)

[shortarm] 05/10/2023 09:25

Rant, meltdown, serial .......It is all the same to me :-D.Seems to me that most larger holders are happy enough (Plasy is not overly happy but also realistic) whereas the 500 quid in and I am gonna be a millionaire soon bunch just love to type out their 'I would do it this way fantasies'