Ariana Resources Share Discussion Threads

[xow98] 20/2/2024 14:42

Chunky 1.15m buy at 1.6475 keeping the price steady

[soulsauce] 20/2/2024 14:26

Quite right Charles.

[charles clore] 20/2/2024 14:14

True, but this boils down to what is considered by shareholders who have invested their savings into the company, as reasonable behaviour by the custodian of those funds. I can understand the reluctance, especially if they are too busy, or receive constant questions but one would expect at least a holding reply from a director and a redirection of the query to someone who can give an answer. This is basic politeness.

[soulsauce] 20/2/2024 13:22

So why have any means of contact at all huffster 🤷‍a94;️
I think most shareholders know the constraints on what can be said before they make contact.

[huffster] 20/2/2024 13:15

It's not like Kerim can communicate any meaningful operational / commercial updates to you personally so not sure its a big issue?

[soulsauce] 20/2/2024 12:27

And being a 14m+ shareholder are you happy with that Shortarm?
I know I wouldn't be.
Who knows if the big seller(s) are similarly unhappy with that state of affairs.
Why would a Ceo want to remain so aloof from people who have staked large amounts of money on him. Whatever the reason it doesn't sit well.

[shortarm] 20/2/2024 12:01

Hi, used to get replies from Kerim, now it is Shiv from YJ.

[cinoib] 20/2/2024 11:49

Reminds me of a Quo record. Down Down. Sub 1p is on the cards.

Soulsauce, yes have been there myself and thought the same.

[konil] 20/2/2024 09:20

charles, 22348 - no probs.

[plasybryn] 20/2/2024 08:33

Do you have any contacts with the Co or do you put all your questions via Yellow Jersey. Out of interest. I am not sure what became of that updated Panmore Gordan Note. We never got to see that as far as i am aware.

[shortarm] 20/2/2024 08:25

Hope no one here was invested in HZM!

[shortarm] 20/2/2024 07:42

Newsday Tuesday will have to be a big one next week for me to achieve 3p victory. (Not happening).Salinbas has not had a revised JORC since July 2020, I guess it is difficult to start calculating when every drill hole encounters more mineralisation!I guess it may have doubled? In the current sellers controlled market it still might not make a difference!

[xow98] 19/2/2024 16:49

The Remuneration Committee need to be informed that any future options issued need to priced appropriately, failing which we will vote them out.

Another reason to vote against disapplying pre-emption rights.

[backmarker] 19/2/2024 16:36

Any chance anyone would want to buy us out ?

[bodgit] 19/2/2024 16:34

Issue options to Directors by all means - but only allow them to be exercised when the company market cap reaches £500 million. Simples. Gla.

[soulsauce] 19/2/2024 15:55

6mths would even be something Charles but to do it like they do just doesn't seem like playing with a straight bat.

[charles clore] 19/2/2024 15:35

Soul - it's like trading against the original company benefactors. Should be a rule preventing the early sale of such shares, 3 years maybe...

[pooldar] 19/2/2024 13:33

On its way to 0.5p.
May consider taking a punt at 0.5p.

[soulsauce] 19/2/2024 12:24

Does it really matter what any options price is when past observations show they are willing to sell enough of the options to effectively pick the remainder up for free. Totally against the spirit in which options are issued.

[backmarker] 19/2/2024 11:49

I'm cynical enough to believe it.

[charles clore] 19/2/2024 11:11

Come on Kerim, let's have the drilling news now.

[jaynesdad] 19/2/2024 11:11

Thanksamillion

A cynic like me might suggest that it may be connected to the fact that the share price is declining towards 1.5p or less, and any executive share options have exercise prices related to the current share price when they are written. Why spend money on a non dividend paying shares when you can have options maturing in the future, which you need not exercise if prices move against them, based on a price of something like 80% or 90% of the current price when announced? Buying shares in the market are for little people like us.
Do we know when the next round of executive share options are due to be announced?

[thanksamillion] 19/2/2024 10:53

The Board will know from the Brokers where the selling is coming from.

To be honest I would have expected them to have picked up a few cheap shares for themselves by now, but perhaps they are in closed season or have been told the selling will continue until ?????, in which case buying would not turn this beast around. When they are told the sellers have completed their task Director buys may turn up ( at this price or lower why wouldn't they ) only then will this madness end.

Until that day, many weeks from now, shareholders may want to hide under a rock.

PS no room left under my rock.