Ariana Resources Share Discussion Threads

[nov31] 07/3/2024 10:23

Correct. I wonder if we’ll ever have the luxury of looking back in a couple of years time when gold is at $2,850 and the share price at 8.5p reminiscing of the dark days when gold was rising 6% or more in a week to $2158 and the share price was stuck at 1.9p with no one even buying the shares.

[shortarm] 07/3/2024 09:04

Doesn't it cost HUM around 1900 dollars an ounce to produce as opposed to 650-750?

[backmarker] 07/3/2024 09:03

Thought for the day:Compare and contrast HUM and AAU

[shortarm] 07/3/2024 07:50

1.8 to 2.3 before open - been a while since it was that way around!

[thanksamillion] 07/3/2024 07:43

No soul, :-), was thinking more of people like Zak, take the cash and start up anew. There should be plenty of undocumented knowledge to take with them, maybe even the best of the best.

Whatever you do in life, always have an escape plan......just in case.

[zangdook] 07/3/2024 02:31

IPO buyers buy in the knowledge that there will be a market to sell into. On-exchange buyers provide that market. Without us the IPO wouldn't work. All shares originated at IPO or placings (or options) - by taking shares off the hands of the IPO or placing buyers we also take on the implied support for the company.

[renniks2016] 06/3/2024 21:16

I've still got both of mine, and wear at least once a week! Great quality but wearing thin!.

[soulsauce] 06/3/2024 21:16

I don't see how that would be any problem for predator Thanksamillion.
Most companies big enough to swallow us will have a competent geologist or two on board.
And who are the key staff he will take with him? MdV lol.

[bigglesbingham] 06/3/2024 20:41

I bought in ipo but tbh I rarely seen that as an advantage cos most share issues result in shareprice falling below the issue price

[thanksamillion] 06/3/2024 20:40

Jaf

Problem for the predator would be how to replace KS and the key staff he would take with him.

[jaf1948] 06/3/2024 19:59

Thanksamillion,

That could backfire if someone made a high enough bid for company, even if hostile. How could the BoD be in a position to defend itself ?

[thanksamillion] 06/3/2024 19:54

Dont see why Kerim and co would want to try and assist in maximizing share price before THEY are ready, its in the interest of committed long termers to have a low share price for their top-ups, low as possible actually (as long as the company remains financially secure).
Apart from giving comfort to the insecure a higher share price only rewards the sellers really. So until "they" are ready, this share will always be at the mercy of the market.

[shortarm] 06/3/2024 18:47

Sorry, you said that already..Gold now 2150 up over 1%

[paul280i] 06/3/2024 18:15

An unusual amount of trades on the other market today, any guesses why?
Before anyone asks, I have no idea.

[soulsauce] 06/3/2024 18:07

Nice kaos you are on fire today 👍

[kaos3] 06/3/2024 17:55

konil - when i bought shares i took on supporting part too

why

if to the extreme all present capital holders /bought on the secondary market/ withdraw their capital - there is no company. so our capital supports the company

the catch /support/ is ... those before us entered hotel california ... that is what they did ... and it takes lots of trust to do it .... if one can not find a genius or a patsy on the secondary market... in order to exit hotel california

[shortarm] 06/3/2024 17:50

Quite a few buys in the other exchange today.

[konil] 06/3/2024 17:48

this not a poke or argument just fact, followed by a question to relevant posters.

the only times shareholders actually 'support' a company (in contrast to supporting the sp) is during ipo and any subsequent placings. cash from ipo and placings flow into company coffers after fees and other costs. the buyers become shareholders of course.

by contrast those (like myself) who are shareholers because they have bought the shares on the secondary market (i.e. aim in this case) have done nothing in support of the company, other than perhaps a bit of short term support for the share price

over the years some posters from time to time make reference to long term shareholders who have helped/supported the company in the past when cash was short.

my assumption is the posters making these comments know of existing holders (and may indeed be one themselves) who bought at ipo and/or subsequent placings.

is my assumption correct?

[soulsauce] 06/3/2024 17:22

Yep heady days dixi when Kerim had a semblance of interest in shareholders and a sense of excitement as to where the company was going post Ozaltin JV.
Downhill ever since in just about every way.
The only reason I can think of is that Ozaltin joined the party.

[dixi] 06/3/2024 17:10

Probably the good old 'fear and greed', for which the stockmarket is justifiably renowned. We'll all be wearing AAU t-shirts again if this goes up. In fact whatever happened to the AAU t-shirt s? We were all Kerims friends back then!

[soulsauce] 06/3/2024 17:08

22629, 22630, 22631 great posts Charles, Jaf and kaos.👏Ԁ79;

[kaos3] 06/3/2024 16:40

yes - the only cure for posts like mine is a rising share price
good answer

there is a hope

[bigglesbingham] 06/3/2024 16:32

500k bought on other exchange via 8 buys and mainly buys on this exchange hopefully tide is turning