Ariana Resources Share Discussion Threads

[claretandbluedave] 19/10/2023 14:16

All the recent positivity after Tavsan issue was solved has gone again. Might be better to look away from share price price until Tavsan is producing. Salinbas is the one I'm interested in, but positive news still looks years away. 500m mcap in 10 years...I don't think so.

[dixi] 19/10/2023 13:47

Wow, plenty of fast-buck upside now to 500m mcap!

[plasybryn] 19/10/2023 13:46

Hate to repeat myself but i don't think much will change until shareholders demand Board changes.

[5huu] 19/10/2023 13:44

We'll that's my final three top-ups. Surely some substantial news must drop soon. Come on Kerim.....

[jaf1948] 19/10/2023 13:41

This company may have some great geological expertise, but the fact is that for a public company, it is badly failing its shareholders. Until the BoD accept that, we are not going to go forward.

[jaynesdad] 19/10/2023 13:36

I think Backmarker has it right. The faithful are pretty much exhausted, no more funds or inclination to carry on averaging down. There has to be news, positive news, of where Salinbas is going to come to fruition. The great white hope for how long now? 10 years but never a day nearer production? It cant always be we've drilled some holes and they are good. We will drill some more next year. It's way past being adequate now. WHEN WILL IT PRODUCE?

[dixi] 19/10/2023 13:21

Could be a good opportunity for the 'fast buck' merchants, well done Ariana hahahah....

[bigglesbingham] 19/10/2023 13:21

I genuinely think it's seller/s who have not actually bought shares because if they knew the story they would persevere . As you know it think it's the neneficjarirs of Bruce rowen who died 3 years ago with 25/30 million shares. But wtf do I know.

[jaynesdad] 19/10/2023 13:10

2.38p to buy yesterday now 2.138p. 10% drop.
This share has been 1 step forwards 2 steps back as long as I can remember.

[soulsauce] 19/10/2023 13:06

I think you know the answer JD.

[soulsauce] 19/10/2023 13:05

Indeed you are correct I feel backmarker.
Ariana with Attitude or Ariana with some out of the box thinking is what is required.
This steady as you go, taking as long as it takes, come day go day attitude just frustrates and wears down a lot of shareholders.

[jaynesdad] 19/10/2023 13:05

How do we end up here yet again?

[backmarker] 19/10/2023 12:36

Some long term holders giving up? Others unwilling to commit further funds? And others with no further funds to commit? All average-downers exhausted?Potential new investors look at the share price track record and hold off.AAU seems to be doing well, steadily producing and exploring, but still NO JAM.Until we get some event that shows AAU value to be totally irresistible and pulls in new punters we can expect more of the same.

[soulsauce] 19/10/2023 12:11

Yikes getting a bruising today 🙄

[shortarm] 18/10/2023 19:51

Turnover, OK.You are older, much, so you must be right?

[jaf1948] 18/10/2023 16:14

Shortarm,

Let me break this to you gently - the selling will NEVER be over. There will always be turnover of shareholders in any company, and Ariana is more volatile than many. There hasn't be one large seller over the past three years but many who for whatever reason no longer feel that Ariana is a good investment, certainly in the short term.

What we need to hope for is that Ariana can soon attract a new group of buyers, but I see precious little evidence of that at the moment.

[shortarm] 18/10/2023 16:06

So much for the selling being over!

[kaos3] 18/10/2023 14:18

Mentor is what a modern Chairman needs - born PR. every one loves him. and trust is most important.

I would give him the keys

[plasybryn] 18/10/2023 10:31

I know we need a new Chairman but i would have him in a more strategic/communication role. A face for Institutional Investors perhaps. Needn't be a big time consuming role as i agree we don't want to take his main focus away from creating value at WTR. He seems to have drive and enthusiasm and as they say if you want something done, give it to a busy person.

[xow98] 18/10/2023 08:06

As chairman, given he is so busy at WTR

[chinese investor] 18/10/2023 07:48

Good RNS !

[kaos3] 18/10/2023 07:43

Despite sliding ever lower stake in the project up to now and into the future AAU is sending money time and energy and pushing forward the exploration. Which will one day according to the modern timelines make an operating mine possible. That is what I call positivity

[plasybryn] 18/10/2023 07:40

Time to bring him onto the Ariana Board which needs strengthening.

[mcmather] 18/10/2023 07:39

The 'small' stuff does read well:

"The exploration programme will be funded through "Newmont Alliance" funds...

The company has a strategic alliance with Newmont Corporation and Ariana Resources and is currently focused on exploration for major copper-gold deposits in the Lecce Magmatic Complex and Vardar Belt. The company is assessing several other exploration project opportunities across Eastern Europe, targeting major copper-gold deposits across the porphyry-epithermal transition...

We are also grateful to Newmont for their efforts in assisting with the exploration undertaken to date and the development of the drilling targets and their support to proceed toward drilling this project".