Ariana Resources Share Discussion Threads

[kaos3] 07/1/2024 11:54

Well as Iwas given a permission to speak i ll say another parabole

What benefit has a beautivul lady being married to a rich man if she coocks, cleans and gets almost nothing from her rich husband.

Better than being married to the.poor one. That is sure.

But one has to wait for her husband to start loving, caring and sharing.

I am.waiting.

And BB could start rich husband enlightement.

But there is also a question how much can husband really afford to show affection to his lady wife. his wealth is tied up into a project. The thing is he must learn to stop expanding and reinvesting, so he can also take care of his loved ones.

So the.point is ... not a lot of difference being married to the rich or poor man atm

Until it changes

Main point is
Riches brings nothing and is mostly not understood and even overrated many many times

Many times is just perpetual hope despite all the existing potential

[renniks2016] 07/1/2024 11:11

Back to the nitty gritty!

A reminder to why Tavsan should be able to provide the means and free cash flow (when at target production) for continued development and support for recent acquisitions, non debt expansion of existing assets, followed by dividends. Not enough credit given to the JV and Bod at Zenit to self fund and progress Tavsan, a master stroke as it turns out with interest rates exploding how they did. The financial savings from this decision should justify some patience on other fronts, as no doubt other plans may have had to be delayed while funds are diverted to accelerate a production asset.

So much in the recent RNS.
Among the results of the drilling since the 2022 estimate Ariana Resources highlights: o A 12.10m wide intersection at an average grade of 2.52g/t gold and 9.38g/t silver from a depth of 114.6m in hole TAV-023-23; and o An 11.00m wide intersection at an average grade of 2.18g/t gold and 5.00g/t silver from a depth of 137.3m in hole TAV-027-23; and o A 23.62m wide intersection at an average grade of 3.54g/t gold and 4.56g/t silver from a depth of 102.1m in hole TAV-025-23; and o An 8.80m wide intersection at an average grade of 2.41g/t gold and 5.24g/t silver from a depth of 45.3m in hole TAV-020-23. • Indicating that the company expects to drill a further 5,000m, “particularly in the North Zone and North Zone Extension” in the continuing campaign at Tavsan, Managing Director, Dr. Kerim Sener, said that Ariana Resources is “currently working on revisions to our geological model based on the new data, which will ultimately contribute to a revised Mineral Resource Estimate”. • He said that the revised resource estimate “will be used to update production and development plans during Q1 2024, and we remain on track for first gold from Tavsan during Q2 2024”. • Dr. Sener also said that some of the deeper drilling had shown “high grades over c.10m intervals, which is highly encouraging and suggests that there may be further depth continuity to parts of the Tavsan deposit than previously indicated”. • As well as the resource estimation and development planning, “Future work on the project will include geophysical Induced Polarization/Resistivity studies, isotope analysis and geochronology of mineralised samples” as Ariana Resources builds its understanding of the structural geological setting and metallogeny at Tavsan. Conclusion: We look forward to the results from drilling over the last year being incorporated into the resources estimate at Tavsan and forming part of the development plan. Continuing drilling may also add insight into the depth potential of the mineralisation.

When looking at share price value Plas, the current MC doesn't even cover this asset and kizltepe, let alone the other assets and investments, so when calculating my estimated year high, I base it on sentiment, and my belief that it is returning to this sector, if it was based on fundamentals alone, it would have been a lot higher, add the above into th equation, and the the fact that we are an exploration company, with an extremely good team geologists and lots of ground, the possibilities are exciting to say the least, IMHO.

[soulsauce] 07/1/2024 11:08

Understand him going to Turkey kaos due to the situation with Ukraine boats blockage. Maybe he stopped off in Greece while he was local to it 🤷‍a94;️

[kaos3] 07/1/2024 11:04

Just a thought relevant to aau imho

Blinken went to turkey and greece last week. Wtf

[soulsauce] 07/1/2024 10:44

Hi Plasybryn.
I didn't base my end of year or high targets on production amounts as it is too hard to quantify at this early stage without knowing where the gold price is going or how far into the year production starts from Tav and importantly if the junior market improves significantly.
My choices were such that I feel anything else would be failure in a year where a 2nd gold mine is coming into production. But if things improve for the market I could be on the low side.
But lets assume kiz still maintains a decent production level of say 1000-1250 oz per month 12-14.5k pa.
If Tavsan is penned for 30k oz pa initially, with 6mths of the year left and ramping up then maybe Tavsan could produce 8-10k oz for the year so maybe 20-24.5k total for the year. Obviously pro rata our share being 23.5%.

[plasybryn] 07/1/2024 10:20

No replies to my post. Oh dear. I'm assuming all your share price guesses were just that finger in the air stuff. Didn't anyone try to use logic and maths. Experience tells me finger in the air is more accurate so i take it you are all hardened long term sceptics. Ha ha

[thanksamillion] 07/1/2024 09:21

I see he is commenting on mid-tiers, AAU is indeed a minnow and different rules apply.

[bigglesbingham] 07/1/2024 00:27

We will see

[xow98] 06/1/2024 17:12

He has the t-shirt, so doesn't need to prove anything to anybody.

AAU are a minnow, we would be happy to be mid-tier

[bigglesbingham] 06/1/2024 17:02

Well he does have his own agenda for saying that.

[xow98] 06/1/2024 16:35

Interesting interview with gold mining legend Ian Telfer. Worked with all the main players , Robert Friedland, Rob McEwen, Eric Sprott.

"Size matters. A lot of mid-tier gold mining companies are just kidding themselves that they are going to cruise along and the market's ever going to get interested in them, the market won't."

Currently building a million oz gold company (Aris).

[plasybryn] 06/1/2024 15:09

Going back to the share price targets, can I ask what people expect the production figures to be in 2024?

I'm assuming Kiziltepe will start to fall away, although perhaps the hoped for drill results leading to an increased Reserve and life of mine, mean it will stay fairly constant for a year or two yet.

Then there is Tavsan. If that starts mid year and takes a quarter or so to get up to nameplate output, what can we expect in 2024?

I'm assuming overall 20,000 ozs with 95% recovery meaning circa 19000 ozs. That might be optimistic.

Tavsan operating costs are higher than Kiziltepe I believe, although Gold might increase in price over the year. I have used an average margin of c. $1200 or £945 per oz.

Any thoughts please on these numbers, or do we need to wait for the Co's "Guidance" Note in February?

[soulsauce] 06/1/2024 12:59

Plasybryn 21521 that is very kind of you. I know my comments have a touch of marmite about them and sometimes I do get carried away a little as I have done in the last few days. So it means a lot to read your post.

kaos keep posting, there is nothing stupid about you and I think you think a lot deeper than many of us. Often cryptic but you certainly get us thinking about things.

Good post zangdook.

[bigglesbingham] 06/1/2024 12:29

You've got my rationale Zan.

[bigglesbingham] 06/1/2024 12:26

Perhaps you have and don't realise ha ha

[kaos3] 06/1/2024 11:35

This bb makes me going hmmmm.

Which attitude gives more fin rewards in life?
Souls and mine vs BB , Nov, Plas Renniks etc...

Answer is obvious. I am just too stupid to undwestand how come?

I hope i wiĺl get it one day and join

[plasybryn] 06/1/2024 10:10

Biggles: "One thing this exercise has taught me is that there are a lot of holders who monitor this board who may not necessarily make comments often and that’s great to see and thanks for contributing over last couple of days."

I just wanted to endorse those valid comments by Biggles. I totally agree. Amazing how many under the radar followers are here, obviously watching and keen to participate in the value progress that should now be within sight.

I'd also like to add my support to long standing poster Soulsauce. It is important to have differing views and for them to be debated in good manners. Threads that see only one view become moribund and boring. Long may we have those who want to challenge constructively. This thread has been exceptional for that with even "big" holders prepared to express their honest opinions. I just wish the Co. at times would also be more open to thoughts and ideas from experienced investors.

From what Biggles said post the Mines & Money Conference, that openness and preparedness to listen might be improving. I sincerely hope so.

[temujiin] 06/1/2024 10:04

For the record, I'm not saying Xow98 or anyone 'HAS' to send in proof to anyone, just putting out there that should it come to speaking to the company, for whatever reason, and you wanted to use the 20%+ figure as some kind of leverage, then imo they wont give it too much weight unless the majority of that figure was verified.

[thanksamillion] 06/1/2024 08:33

Agree totally BB, was starting to word my thoughts appropriately but you got there first.

[bigglesbingham] 06/1/2024 00:02

Absolutely NOT. I respect people on here and that's the point isn't it.

[temujiin] 05/1/2024 23:18

Xow98 imo, if you have no intention of proving your claimed holding, then yes you shld be removed from the list.

[temujiin] 05/1/2024 23:15

Paul280i, wasn't referring to anyone in particular and didnt look at who had claimed that amount, and I know you are a LT holder. Point I've made is just having someone say they have xyz millions, is not the same as someone demonstrating it to the company via a trusted known SH like BB.

Its my view that if required, provable pi shareholding % is much better than claimed %.