Ariana Resources Share Discussion Threads

[jaynesdad] 28/11/2023 07:38

Couldn't agree more. Great results, Ozaltin shareholders must be delighted with the 53% that they will benefit from. Its the gift that keeps giving.

[plasybryn] 28/11/2023 07:38

It is very encouraging news. I have been focussed for a long time of them updating the resource and converting to reserve to extend the life of mine at Kiziltepe. They always hinted that Kiziltepe would run on for a good few years, but there never seemed any urgency to complete this work, even though it could be significant to the bottom line. Having two mines running concurrently with the gold & silver prices hardening should be very value accretive & support a dividend policy.

[dixi] 28/11/2023 07:36

I'm sure if this rises, all will be forgiven :-)

[shortarm] 28/11/2023 07:28

I doubt it, too many want to get their money somewhere exciting!And then lose it lol.

[backmarker] 28/11/2023 07:24

Good RNS. 3p by end of week.

[shortarm] 28/11/2023 07:19

There is a lot in this RNS!.The Zeki Vein extends over a strike length of 820m. Composite rock-chip sampling of 80m strike along this quartz vein returned encouraging assay results of 6m at 3.3g/t Au, 2m at 9.6g/t Au and 1m at 7.2g/t Au prior to drill testing. The peak rock-chip assay result in this area was 152g/t Au and 1,320g/t Ag, suggesting the potential for substantial near-surface enrichment.

[shortarm] 28/11/2023 07:16

Does not even start to get processed until mid 2025 and:THERE IS STILL MORE!!.15.47g/t, proving that the new zones are potential targets for further gold mineralisation and will be used to define new drill targets.

[dixi] 28/11/2023 07:14

Yep, Kiziltepe and Tavsan producing concurrently, all of Tavsan paid for, no debt finance on Tavsan. Dividends from Zenit to AAU should resume and a greater level too. None too shabby :-)

[shortarm] 28/11/2023 07:11

You beat me to those grades but:Process metallurgical testwork of the Kizilcukur mineralisation yields an average gold recovery of 97%, significantly higher than Kiziltepe.-- A rock-chip sampling programme designed to test the extensions to outcropping zones returned grades up to 15.47g/t Au.

[renniks2016] 28/11/2023 07:09

Confirmation that Red Rabbit will keep hoping along for quite some time to come, as this comes on line in 18 months, so the overlapping production with Tavsan will be significant.

[renniks2016] 28/11/2023 07:08

Not too shabby!
• Initial results of drilling include:
o 6.0m @ 4.75g/t Au + 135.2g/t Ag
o 7.3m @ 2.43g/t Au + 36.3g/t Ag
o 4.5m @ 3.76g/t Au + 17.7g/t Ag

[zangdook] 28/11/2023 00:24

"I want an element of risk that dwarfs the possible rewards"

This must be an exciting new investment philosophy I haven't encountered before.

[bigglesbingham] 27/11/2023 22:38

Agreed on that. Looking to delve into a few of the projects further. Had lunch with Zack at the mine 2019 and he could hardly be contained re Salinbas and eastern turkey, again he mentioned HIZ today.

[bigglesbingham] 27/11/2023 22:34

Which you'd have bought your 250 earlier in day pal it may have ticked up. Were you the buy at 4:29 ha ha.

[renniks2016] 27/11/2023 22:34

I can't say it's the best place yet, as only time will determine that, but as part of a portfolio where I want an element of risk that dwarfs the possible rewards, yes it ticks the box, increasing my position here because AAU have reduced the risk which being only in Turkey presents, I know some here have questioned the Zimbabwe deal, but like KS I have also worked out there, and out of all the African countries I have worked, I found it to be one of the better, but appreciate that's more to do with how bad the others were, Burkina Faso, Ivory Coast, Cameroon, Kenya to name a few, than how good it was, he clearly has a good handle on things there, and exposure is relatively small, but if due diligence drilling goes well, this could change significantly. There is plenty of blue sky opportunities with Pallas, Atila, WTR etc. and revenue to fund all going forward, so plenty to be excited about and plenty not to sweat about. I'm more than happy with this being the best place for my investment in this particular space and privides the exposure I'm looking for in multiple commodities I want.

[bigglesbingham] 27/11/2023 22:32

I've just heard the interview and actually thought it was very good. Reassured re tarsvan , kizeltepe new resource implying some overlap between kizeltepe and tarsvan. Zack pointed out extremely excited about tarscan and Hiz drill. Hiz was the one in June where initial results were the best rns re drilling Ariana has ever put out. Personally I'd have thought prioritise them but I don't know logistics, perhaps I'll find out Thursday when I meet the team for first time in four years when I last visited the mine. Zimbabwe I didn't realise his history or contacts he has over there. I still believe he had or has concerns re Turkish gov reducing holdings hence the ozaltin involvement. I like new jurisdictions need to understand Zimbabwe more. Also need to get to bottom of Zimbabwe project involvement of partners was mentioned. Venus I get. WTR. As I've always said a royalties model on steroids.

[plasybryn] 27/11/2023 19:04

Welcome aboard any Starvest shareholders to Ariana Resources. There is a presentation by the CEO Dr Kerim Sener on Thursday in the Hilton next to Mines & Money Investor Conference.

[renniks2016] 27/11/2023 17:05

An absolute sh!te show of a company, run by idiots who only have their own life style to consider and pockets to line, and all well past their sell by dates. I don't know why I do it, I need help, I'm an addict, on a mission of self destruction, and this company is getting me there quickly.
Can I set up a go fund me page?

Joking aside, just look at the web chatter over the last week regarding dollar demis, PM's etc. things hotting up in this space, imo, you wont need any news when it takes off, if not Dec, then new year will see flows come like a tsunami, and if they don't, I've still got the fundamentals to full back on and carry on working for another few years. I know, I know, we all don't have that luxury, and just to confirm, I too am here to make money,(try) hence the level of due-diligence and research done over the last 6 years, with most done in the last 12 months.

Another 160k for me today, to add to the 250k Friday, suits me this low, thanks guys, as stated on here many times, I believe the strategy will pay off, just not in everyone's preferred time frame, but it's in mine. gla.

[kaos3] 27/11/2023 15:29

mr KS is right. AAU and GOLD are correlated - again



PS commodity gold even autperformed AAU a tiny bit

[konil] 27/11/2023 13:54

plasybryn, all good points and should be insitigated.

it will help to restore the information vacuum, which currently is continuously propagated by the high level 'soundbites' trotted out by ks in 'interviews' and in rns's.

but i suspect it will not have the desired affect on the share price unless there is also evidence of near term operational progress feeding through to bottom line. (tavsan aside, for example a relatively quick turnaround in value add and disposal of one of the many stakes aau has taken in other companies.)


thanksamillion, gold at $3000 would do it! hoping but not holding my breath. with usd past its sell by date the u.s. authorities will continue to manipulate the market and pull out all the stops to prevent it happening because it further undermines the currency.

[thanksamillion] 27/11/2023 12:38

One gold commentator suggests that if gold makes it above $2030 that will signal the start of a huge bull run up to $3000 and above, if 2030 fails then hello Mr Bear.

Not sure what version of the gold share price he refers to, ie weekly... 3 month???

[soulsauce] 27/11/2023 12:20

👏👏👏

[plasybryn] 27/11/2023 12:15

konil: These would be on my agenda to revitalise the Co.
1. Across the board Director buying
2. Appointment of a new City savvy, respected, communication biased Director - linked also to change of Chairmanship
3. Re-introduction of a detailed Gantt chart showing investors milestones and timescales.
4. A presentation with future financials discussed. Discussion on current valuation.
5. New detailed Broker Analyst.
6. Change of PR Co. but they must be given freedom to operate within their remit and expertise.

7. Kerim says in the Rob interview today that there has been a - "Dynamic recalibration of our portfolio". Well were shareholders informed? Did shareholders agree to this? This needs to be discussed in much more detail so shareholders can understand the reasoning and value advantages. We need to understand what the priorities are, what the vision and strategies to achieve that are.
8. We need to know how each new focus will deliver value, the extent of that value so all can be evaluated against each other and over what timescales.
Will that do for starters konil?