Ariana Resources Share Discussion Threads

[dixi] 30/11/2023 07:03

Impeccable timing :-)

[kaos3] 29/11/2023 19:10

my main Q would be ... what is our providing service revenue and what is the net margin all costs included ... does our price fluctuate and if how and why

i think that is a fair Q

because that is our only low risk reliable income atm imho. like earning a bread for a daily survival

the other would be ... from whom we bought gold /excahange or similar arms lenght or related private/ and is it a free hold or are some contracts written on it....

[bigglesbingham] 29/11/2023 18:55

It won't be confrontational I'd like certain elaboration in certain areas. And to build bridges between shareholders and the board. After that interview with rob earlier in week I feel quite relaxed

[plasybryn] 29/11/2023 18:08

Playing our big shots tomorrow. Biggles is our man! Go for it guys. Let's get this Co. sorted and help current & potential investors know this is a star in the making. Profitable and cash generative. Dividend paying not far away.

Under valued and over sold. Two gold/silver mines Ariana operating in the lowest quartile of operating costs with multi jurisdiction projects at various stages of development, meaning low risk.

Bonzana grade discoveries waiting to be exploited. All projects Fully funded and Broker targets 5.5p which will no doubt be upgraded early in 2024.

The Co. has so much to communicate. Is is failing to do this. A different approach is required. Explain what it all means for the bottom line and what it means in terms of income (dividends) for shareholders.

Let's see Directors buying and perhaps the Co. buying back shares at these ridiculous prices. What a story they could tell if they got some decent PR experts to help them.

[bigglesbingham] 29/11/2023 17:51

I'll be there around 12 train gets into Euston at 11:41 then 10 mins to angel tube and 5 min walk to hotel. Short dark hair but you'll probably hear me ha ha

[coachsailor] 29/11/2023 16:41

Hope to see you at 11.30 then Biggles at entrance to the Islington Hilton. I have a short grey beard - David

[xow98] 29/11/2023 15:19

Think we should get rid of Yellow Jersey and let Shortarm get on with it, certainly better than YJ and far more enthusiatic about it.

[huffster] 29/11/2023 13:32

Re Zimbabwe. It will be interesting to hear from anyone chatting to the team tomorrow what kind of involvement we're looking at. I reckon very large - total. DD allowing. positive pointers from interview.

1) Kerim's in-country experience
2) He knows the Rockover team personally
3) Sounds like they will bring Ozaltin and Proccea into mix (off the Ozaltin website.. Özaltın Holding, with its experienced and competent geoscience staff, is on the lookout for further opportunities with a view to explore-develop, acquire and engage in partnerships for new mining projects both in domestic and foreign jurisdictions.)
4) turkey and Zim have held many talks on trade. Turkey has aspiration in Africa. [...]

[soulsauce] 29/11/2023 13:31

Venus has nothing to do with Magellan.
What investors want to know is what is the plan for Zimbabwe.

[shortarm] 29/11/2023 13:27

Salinbas is being swiss cheesed with someone else's money and Cyprus has a whole management team trying to IPO in a bad market (as you mention in your post on AFP).Dokwe could be extremely profitable and exposure limited by not doing 'all in' - as Biggles would say "royalties on steroids"..

[soulsauce] 29/11/2023 13:22

I don't think it is just about the jurisdiction Shortarm. I think some investors are rightly worried about how this is seemingly a new project rapidly racing up the list of priorities above those which have had significant amounts of money spent on them like Salinbas and Cyprus.
All exacerbated of course by Kerims ham fisted communication process in which he doesn't try to bring shareholders along with him but are left to scratch their heads.

[shortarm] 29/11/2023 13:06

So, I know some of you/us are not that keen on Zimbabwe but bear in mind it is currently just 250K which was made ten times over by one of Kerim's previous investments.
LOOK AT THESE LENGTHS AND GRADES!! SERIOUSLY!!
· Significant historic intercepts for Dokwe North include:
o 8m @ 197.22g/t Au (inclusive of a 1m intercept of 1,568 g/t)
o 14m @ 54.75g/t Au
o 85m @ 5.23g/t Au, including 15m @ 13.64g/t Au

[shortarm] 29/11/2023 13:04

No worries, re-reading RNSs is actually very enlightening!

[chinese investor] 29/11/2023 12:20

2023 Share Price Competition

Things are warming up !

Zangdook 1.8
JAF 2.75

[kaos3] 29/11/2023 11:36

short arm thnx for your work in the last few days. appreciated

[coachsailor] 29/11/2023 10:53

Biggles; I am also visiting the Angel Suite at Islington tomorrow - is it possible we could meet up beforehand - can I suggest 11.30 at the entrance to the Islington Hilton. - are any other of our LTH posters going also? I am not attending the Mines and Money conference though.

I have been a holder since Feb 2009, shortly after meeting Kerim at a Mines and Money stand at the Barbican. Then it was just Kizeltepe which looked a very worthwhile investment. Gradually added as Tavsan appeared for the future and then Salinbas. Cyprus was also on the horizon with similar geology to match the teams expertise. In 2020 we were convinced that with Ozaltin buying in to form Zenit, production at Salinbas would come much sooner without the need for additional fund raising. Then at 6p we were all hoping for a more golden future. As it dropped through 5p; 4p; 3p and down to 2p we continued to top up expecting at each stage, that some positive updates on Salinbas would stop it falling further. Most of the news though was on Venus; Apliki then Kosovo; Australia and finally Zimbabwe. Finally we have received a positive update on Kizeltepe and hopefully we will hear more on Salinbas tomorrow. Currently I hold about 4 million AAU; by far my largest holding.

With Zimbabwe at the front of their hype there is no way I would have invested more in to Ariana. As for my views on the tragedy that has befallen Rhodesia - I will save for another day.

[shortarm] 29/11/2023 10:09

Salinbas has not had a JORC recalculation since 2020 I think when some Due diligence drilling increased it by fifty percent! Salinbas will get a significant upgrade and I am thinking that the EIA is coming soon....?

[bigglesbingham] 29/11/2023 10:04

With you there ha ha

[xow98] 29/11/2023 09:32

Hopefully.

All we want is to be better informed, preferrably with timelines so that we can assess whether to further invest or divest, also to have a clear understanding of the plan.

Dokwe suddenly appearing and being ahead of our great hope Salinbas was a shock. Is Dokwe further advanced because the timing on Salinbas has moved backwards? BB mentioned that Zack could hardly contain himself about Salinbas in 2019 and here we are at the end of 2023.

[shortarm] 29/11/2023 09:20

Everything is in yesterdays RNS, the re-test was done on old core to check high grades. Lots still to come from Kizilcukr it seems?

[xow98] 29/11/2023 09:17

Have they RNS'd those assays?

[shortarm] 29/11/2023 08:59

Some interesting re-testing of old holes too!
Hole ID

KDTD013
1.35 14.50 30.21 39.0 35.1 - 1.35M now assayed at 30.21 g/t Au
0.52 0.40 0.26 66.5 37.5
0.98 26.50 35.03 70.5 60.0 - .98M now assayed at 35.03 g7t Au
1.10 0.10 0.29 22.6 20.5