Ariana Resources Share Discussion Threads

[charles clore] 09/11/2023 15:25

So Jaf - do you think the issue of a special dividend was just to assuage the appetites of hungry long term investors here or a statement of intent for the future? Get your AAU shares in account and watch out for future developments...

[jaf1948] 09/11/2023 15:18

Charles,

The 'doom and gloom' is based on three years of a falling share price. The optimism is based on hopes and wishes from a management team who have yet to deliver.

Far from revelling in bad news, I would like nothing more than to be able to write positive things about Ariana when there is something positive to write about.

[charles clore] 09/11/2023 15:07

Some people revel in posting doom and gloom, but we know the company well enough to realise that this is a clever diversion from the truth for the purpose of driving down the purchase price. When the achievements and plans are finally revealed, we will no doubt be surprised, no, shocked by the upside available to investors. This opportunity will be impossible to ignore imho.

[shortarm] 09/11/2023 14:49

I also think the proposed output from Tavsan will surprise to the upside.

[bigglesbingham] 09/11/2023 14:00

Told you I think there a deal brewing in Aussie why post that?

[claretandbluedave] 09/11/2023 13:59

Travesty??? After being here for only 7 years, 3p would be a complete disaster, and I know some on here have been around for much longer.

[soulsauce] 09/11/2023 13:54

And they never have Nov31.

I disagree about being taken out though. I can't think there would be many companies who would want Ariana’s scattered portfolio of bits of assets.
I think the Ozaltin deal was just as much about preserving the company from take out as lowering their risk to Turkey.

That said, chuck me a 3 penny piece per share and I would be outta here.

[nov31] 09/11/2023 13:48

I do wonder if somebody is trying to push this under 2p? We could be taken out very easily from here - a 50% higher offer at 3p would be a travesty. This is way oversold at this level but we’ve all stuffed our draws with AAu shares already and neither Yellow Jersey or the BOD seem to want to do anything that might encourage new investors.

[xow98] 09/11/2023 13:45

This not good enough for one day Claret? Don't want to tax shareholders brains.

Perth is a mining town.
And this is exactly why we have an office there! We cannot get closer to all the action!

[soulsauce] 09/11/2023 13:38

Nope same old same old.

[claretandbluedave] 09/11/2023 13:32

and its not likely to anytime soon. Even with Tavsan up and running its not going to move share price much, as AAU only own 23% of it. Still no news from Salinbas, and don't mention Venus Minerals.
Anyone got any positive news?

[jaynesdad] 09/11/2023 13:28

Certainly seems 2 is the new 3. And of course 3 was the new 4. Basically the share price has done nothing u 4 years.

[shortarm] 09/11/2023 13:18

P.S. it is just a coincidence - honest.

[shortarm] 09/11/2023 13:17

No action all day. Small but then a sell within 14 minutes!

[shortarm] 09/11/2023 07:21

Don’t mention Panther and their project! Soul will 'get' ya!

[actonovator] 09/11/2023 06:41

Another teaser from Ariana -


Perth is a mining town.
And this is exactly why we have an office there! We cannot get closer to all the action!

Another hint I suppose at an Australian project. Isnt Panther's flagship Coglia project that way?

[xow98] 08/11/2023 14:04

World Gold Council
@GOLDCOUNCIL

In Q2 2023 the gold miners’ global average all-in sustaining cost (AISC) continued to climb, rising to US$1,315/oz. Get the details from Sarah Tomlinson, Director of Mine Supply at @MetalsFocus , on #Goldhub:

[xow98] 08/11/2023 14:00

Ariana Resources plc
@ArianaResources
·
2m

The average operating cost of our Kiziltepe Mine has been about US$650/oz for most of its 7 year life so far. Costs have been rising as we have progressed to lower grade areas and input costs have increased but we remain highly competitive in comparison.

[xow98] 08/11/2023 12:50

Interesting retweet

Ariana Resources plc reposted
In Gold We Trust
@IGWTreport
The Gold Standard: Milton Friedman

Those who do not learn history are doomed to repeat it.

Recorded in the 1970's, this video rings amazingly true today.

[jaf1948] 08/11/2023 10:34

They've had millions of dollars in cash for nearly 3 years now so I don't think the length of time that deals take is a big factor.

[bigglesbingham] 08/11/2023 10:32

Yes possibly but deals do take many months.

[soulsauce] 08/11/2023 09:55

Definitely Shortarm.

Also ref the Cononish mine, it's a different kind of mining being underground and stoping but now to try and save it they need to try a different type of stoping (long hole), totally out of Kerim's wheelhouse and jurisdiction and also we know he doesn't want 100% involvement in any project.
AISC in projects like this can soon spiral out of control.

[shortarm] 08/11/2023 09:44

Agreed, Kerim is not stupid but he is a fan of lowest quartile costs so I don't think SGZ was the target. Would be nice to get some actual news ref Harding the target! Or any news for that matter lol.

[soulsauce] 08/11/2023 09:01

Not exactly bigglesbingham, although I don't think AAU are ruthless enough, I don't think Kerim is stupid either.
One sure fire way of you never getting a return on your massive investment would it be to take that dog of a project on.
There are some interesting TV programs about when ScotsGold took over the mine to getting it in production. Worth a watch.

[shortarm] 08/11/2023 08:20

You have to imagine that their negotiations have not been successful considering they are unable to RNS anything for such a long time?