Ariana Resources Share Discussion Threads

[plasybryn] 27/10/2023 08:31

Starvest:-Ariana Shares 11,600,000 ordinary shares of Ariana Resources plc, held by the Company.

[xow98] 27/10/2023 08:19

Proposed cancellation of admission to trading on AIM

Proposed members' voluntary liquidation

Notice of General Meeting



Starvest Plc (LON:SVE), the London Stock Exchange AIM-listed specialist mining and resources investment company, announces details of the proposed cancellation of the admission of its ordinary shares to trading on AIM (the "Cancellation") and the proposed implementation of a solvent members' voluntary liquidation of the Company, pursuant to section 84 of the IA 1986 and section 283 of the Companies Act 2006 (the "Liquidation").

The Company's Ordinary Shares trade at a substantial discount to the value of its underlying investments, including the Company's investment in Greatland Gold plc ("Greatland"), which represents the large majority of the Company's assets. As a result of the substantial and persistent discount of the Company's shares and market capitalisation to the underlying Net Asset Value (NAV) per share and NAV, the Directors have unanimously decided to recommend that the Company distribute its Greatland and Ariana Resources plc interests to the Company's Shareholders, by way of a capital distribution, so that they may potentially realise greater value from direct ownership of these underlying investments than is reflected in the Company's current share price.

[shortarm] 27/10/2023 05:52

My only thought is that they are keeping quiet about Tavsan and Salinbas until everything is completed. Thereby avoiding NGOs and tree botherers?

[soulsauce] 26/10/2023 16:48

I mean really is it beyond them to add some photos of Tavsan to the Web site.

[jaynesdad] 26/10/2023 16:43

Hard to disagree. Production at Tavsan looks like it might get us to 3p, alternatively PoG firmly established at, say, $2250?

[soulsauce] 26/10/2023 16:04

Yep. But that is what it has been for most of its life, a bottom drawer share.

[jaynesdad] 26/10/2023 16:02

I agree Soul but apart from a Hot Maden type deposit showing up out of the blue at Salinbas I can't see where there is possibly any source of Big News. Tavsan is known, Kiziltepe has a couple of years left of reducing production, Cyprus stalled, all there is really is a broad (ie slow) development across a many project portfolio. West Tethlyan looks quite promising but surely years from production? I can't see any quick wins, its a bottom drawer share.

[soulsauce] 26/10/2023 14:20

To achieve a decent increase in this market you are going to need some big news, however it seems here we are going through yet another period of guess what's going on, if anything, at Ariana.
I am sure there will be things going on but as ever with the current mgt the cogs will be turning very slowly.
At least throw us a bone on how Tavsan is going :-/

[jaynesdad] 26/10/2023 14:02

In a sense mine was worse shortarm. It was far more conservative than your 7p, in fact around 50% of that figure. I was one of the most pessimistic by far. And yet I am still looking at least 50% too high!

[shortarm] 26/10/2023 13:03

I think I guessed 7p at the end of the year..Going to have to motor some to achieve that lol!

[kaos3] 26/10/2023 11:51

i pray aau share price and pog will be correlated one day. i do not do it my self. i pay for it as all gentlemen /to be/ do it

if aau rocks to 500 mill i will take effort to turn from stupid to a gentleman

being a poor aau shareholder is liberating. money brings responsibility. so i invested my carrots sold revenue into aau not into something performing

[shortarm] 26/10/2023 10:13

Gold at 1990..

[jaf1948] 26/10/2023 09:53

Maybe a good time then to remind people of all the myriad opportunities and successes that are coming Ariana's way in the next few months.

[bigglesbingham] 26/10/2023 09:51

Reasonable buys no movement small sells and bang share price hit . These MMs cheese me off ha ha

[xow98] 26/10/2023 08:45

Other than the share price being down another 25%?

[shortarm] 26/10/2023 07:31

Busy October so far then!

[xow98] 25/10/2023 14:11

News today from share price Angel:
- Copper climbs as Beijing rolls out stimulus measures
LME copper prices moved to $8,050/t whilst Shanghai prices jumped to $9,147/t, their highest in a fortnight.
- Beijing is issuing over a trillion in yuan bond coupons, to fund rebuilding disaster zones and upgrading infrastructure.
- Copper rod producers are seeing activity rates climb to two-year highs, supporting demand optimists. (SMM)
- Inventories remain high and futures are still in contango, suggesting that spot demand has yet to pick up.
- We see a higher incentive price, closer to $8,800-9,000/t as necessary for additional production to be brought online, with deficit expectations intensifying the longer prices remain at these levels.

[dixi] 24/10/2023 17:38

It's a pleasure, enjoy your extra years of being frustrated with AAU :-)

[jaf1948] 24/10/2023 17:28

Dixi,Thank you for the typo taking 36 years off my age.You and me both !

[dixi] 24/10/2023 17:25

JAF1984 - I seem to fall for the beguiling RNS's about greater things, in the expectation of rewarding progress. But I feel more like the donkey with a carrot dangling from a stick...

[kaos3] 24/10/2023 17:18

treasures to be found on here