Ariana Resources Share Discussion Threads

[donald pond] 21/12/2023 10:32

Tbh dividends make no difference. Nobody in their right mind buys a penny share mining stock for dividends. You can buy lots of investments yielding 8%+ at the moment. The point of AAU is capital gain. If it is making profit it should be using that to expand operations. The only reason to pay dividends would be to fund MdVs lifestyle.

[jaynesdad] 21/12/2023 09:59

Very welcome news.
Agree that this is more about expending length of production rather than rate which I would expect to remain at 30k. Given that that production should now be a decade, hopefully more, I would have thought that such assured production will make it more than likely to support a regular dividend. As Sener said, I think, they didn't want to start paying a dividend that they couldn't rely on continuing. That is good news for the share price as it widens the appeal of the share in the market.

[thanksamillion] 21/12/2023 09:55

Great timing IMO, other Zenit partners needed to approve release of any of that info so it shows they are all working well together, other AAU news on their own projects may follow. Feels like a turning point, though perhaps a gentle one to start with.

[kirbs4] 21/12/2023 09:46

I know this isn't a buying time of year typically but feel this is a well timed RNs, given the recent positive update on some of the more speculative stuff, this adds to the foundations too, good read for anyone having a browse over the Christmas period that'll hopefully lead to some buying in the new year.

[renniks2016] 21/12/2023 09:05

Let the seller sweat!

[thanksamillion] 21/12/2023 08:49

Dont all rush at once to the counter for more shares. This is one hellova buying opportunity, thankyou Starvest.

;-)

[plasybryn] 21/12/2023 08:37

WHIreland has published a new research note on:Ariana Resources PLC.

[soulsauce] 21/12/2023 08:01

Agreed good news.
Like Shortarm says probably adds to length of mine rather than an increase in production.
Would be interesting to know how they intend to approach mining those depths.

[plasybryn] 21/12/2023 07:42

I agree. Very nice Christmas box. I approve.

[renniks2016] 21/12/2023 07:38

This news should not be underestimated, the grades and depths are significant and open, for me this is what KS expected and no surprise, but is still fantastic. Production will be revised along with a review of mine plan, similar to when we added the second mill at Kiziltepe, get into production, keep drilling, expand heap leach beds, increase production, simples. Excellent Christmas present guys, thank you. ?

[dixi] 21/12/2023 07:36

I would hope so backmarker, the story here continues to grow. It's more the matter of every small uplift being sold into spoiling the party. That cannot go on forever (but it does feel that way).

[backmarker] 21/12/2023 07:32

Surely this news is worth an uptick today.

[shortarm] 21/12/2023 07:23

I think they said 30K is the realistic amount based on heap leach capacity. The mine will just deliver longer and longer and longer and - you get it :-D

[lottsgold] 21/12/2023 07:09

May still get over 30k pa from Tavsan yet. Great results.

[bigglesbingham] 20/12/2023 17:33

Another million out of hands of weak holders and into stronger longer term holders hopefully.

[plasybryn] 20/12/2023 16:05

Starvest - 20th December 2023 Results of General Meeting Starvest plc no longer trades on AIM following a General Meeting of Shareholders on 21 November 2023 where the shareholders approved a resolution on the cancellation of admission to trading on AIM.Following a General Meeting of Shareholders on 20 December 2023, Starvest has entered into a solvent members voluntary liquidation, with Moorfield Advisory Limited appointed to oversee the windup of the Company.

[soulsauce] 20/12/2023 16:03

Going into the Xmas period with a whimper. Let's hope next year long suffering shareholders can expect better.
You never know Kerim might actually mention shareholder value, miracles do happen so I am told 🙄

[charles clore] 20/12/2023 10:49

Ahh, that wasn't showing on my mobile sorry

[bigglesbingham] 20/12/2023 10:10

I see 900k sell

[thanksamillion] 20/12/2023 09:57

????
I see 140k buys, 900k sell

[charles clore] 20/12/2023 09:55

No trades this morning, and the price drops?

[thanksamillion] 19/12/2023 16:27

400k+ buy after, so ok for now.

[shortarm] 19/12/2023 15:36

500K sell, big Christmas present for someone!I did actually think it might have stopped - but no.