Ariana Resources Share Discussion Threads

[jaf1948] 13/11/2023 12:54

Or vote a professional CEO in.

[soulsauce] 13/11/2023 12:52

Neither do I Jaf but the big holders are unwilling to vote MdV out.

[jaf1948] 13/11/2023 12:46

What a smug and self-satisfied reply. There is more to running a successful company than reporting 'when it is due' - keeping investors on board can require some additional work.

When people on here talk about good fundamentals, they are usually referring to the balance sheet. However, one of the most fundamental of Fundamentals (sorry about that) is having the right management team in place to achieve the company's strategy. I do not believe that Ariana has that.

[xow98] 13/11/2023 12:34

Ariana Resources plc
@ArianaResources
·
22m
Replying to
@csacs100

Great oaks from little acorns grow. All of our projects, including the ones you have listed, once began life as “little acorns”. We report news on our projects when it is due. Not sooner, not later.

[plasybryn] 13/11/2023 12:21

Absolutely- don't bother with the topping, tell me about the cake.

[bigglesbingham] 13/11/2023 11:29

Take on board those points. Yes it was mentioned in an interview but can't recall where. Based on the points you raised you may be correct but is not going to be game changing if 1.3% equates to 250k so 10% would cost £2.5m with many years to production. We will see.

[konil] 13/11/2023 11:27

rns, yeah, very good, and indeed a pipeline for the future is needed. but nothing coming to fruition for the next 10 years or so (unless sold after value add). if something is closer do tell what timescales you have and for which?

what has been happening at tavsan and salinbas? what are the current timelines all the way upto production on those?
please note that:
1. it is understood that these projects are not managed by aau, nonetheless aau are in partnership and will have access to the information.
2. it is understood that timings and plans can and probably will change and also understood that there is lower confidence in later phases nonetheless existing plans can be reported.

what has happened at hizarliyayla since june when you achieved "some of the most exciting exploration drilling results that we have ever announced." what is the corporate strategy here, regardless whether it is aau's direct responsibility or not?

please do tell.

[bodgit] 13/11/2023 11:24

Anglesey Mining next? I wish!

[plasybryn] 13/11/2023 11:15

DRC next. Hope not!

[shortarm] 13/11/2023 11:10

Good point.

[soulsauce] 13/11/2023 10:35

Given Kerim's risk free nature I wouldn't expect him to be throwing a lot of company time and money at a project in Zimbabwe, I sincerely hope not anyway.

[huffster] 13/11/2023 10:31

I disagree BB. They are spending significant money funding DD, informing a decision on "further involvement in the project"

They also say "Rockover Holding' s project in Zimbabwe represents the most advanced potential project we have investigated to date"

Back in the interims..

"The team is currently working on a potential project which has the capacity to become a significant opportunity for the Company"

They are also on X referring to Zimbabwe as "New Horizons..."

I don't recall anything about "game-changing in Australia" Was that a conversation?

[soulsauce] 13/11/2023 09:59

20393 well said biggles.

[bigglesbingham] 13/11/2023 09:39

Cos of low number they need to make it worth while. ??

[bigglesbingham] 13/11/2023 09:38

Doubt that short arm, I read that as 1.3% at 250k and this will allow the company Rickover to continue to build on their exclusivity for project. We would have to put millions in to get any reasonable stake. Didn't fit with comments relating to game changing opportunity in Aussie. I may be wrong but that's my take. The DD drilling shows the depths they go to research positions. I read this a good solid work in the background underpinning our major projects. What frustrates me is follow up to Hiz drilling between hot maden and Salinbas still haven't been declared and we need updates of the projects which are our core business. I'm hopeful this will be that this RNS is the start a concerted update across all all projects to whoo the Starvest investors who receive their direct AAU shares in a few weeks. That's what I've strongly suggested happens anyway. They told be they were reviewing when I contacted them.

[shortarm] 13/11/2023 09:29

Can sell 300000 shares at over 2p so how come someone got 1.96?

[soulsauce] 13/11/2023 09:13

Really Zimbabwe, hope not.

[shortarm] 13/11/2023 09:05

Is this the significant opportunity?
60,000 ounces per year for 12 years?
Ariana team doing due diligence for......???
Project exclusivity secured and team on site to complete the detailed
investigation of the project including a diamond drilling programme for due
diligence ("DD") purposes.

[xow98] 13/11/2023 08:23

Any particular reason they haven’t notified of each new investment as it happened to provide a bit of support for the share price?

[shortarm] 13/11/2023 07:36

Kerim did turn thirty grand into three million.... He is definitely better than me at this lol

[dixi] 13/11/2023 07:36

If Kerim is as good as we think he is, then I quite like this Asagard game :-)

[shortarm] 13/11/2023 07:35

Potential partnership on a 60000 ounce per year mine for 12 years seems interesting. DD drilling ongoing by Ariana?

[dixi] 13/11/2023 07:34

Bodgit - Kerim has previously referred to Asgard's great success. I believe that this is an area he expects great growth to come from. We have to choose whether to follow and trust in his expertise.