Ariana Resources Share Discussion Threads

[jaynesdad] 10/3/2024 19:19

I'm probably being pessimistic but I am expecting only Kizitepe production considered on the production estimate. That is prudent while the construction is still underway with possible/probably delays such as seen with the liners. That having been said maybe the estimate will be in two parts, separately Kiziltepe and a tentative one for Tavsan. That way they wont fear getting it in the neck if a delay at Tavsan upsets the applecart (they normally underestimate so they can say every year that they beat it!)

[plasybryn] 10/3/2024 18:21

Thanks soulsauce. This is from the RNS on 17th Jan.Meanwhile, mining operations have recently commenced at Tavsan and the Main Pit development is proceeding well, with approximately 40,000 tonnes of ore currently stockpiled ready for heap-leaching. Construction of the heap-leach, specifically the laying down of liners, is currently paused due to poor weather conditions and this work will recommence in the next drier and warmer weather period. Steel construction and fabrication, along with the delivery of various plant components are being staggered in accordance with cash-flow considerations. There will be further updates on Tavsan operations over the coming months, with first gold from the heap-leach currently expected to be delivered during Q3 2024

[jaynesdad] 10/3/2024 18:17

JAF
Maybe you and claretandbluedave could share the huge glittering prize.....which is what, I forget??
I had realised that the guesses were which day in 2024. You may notice a lack of participation from moi, from which you can construe a current lack of confidence at chez JaynesDad. BUT, that having been said, I currently hold more shares than I have in a couple of years or 3, need to get that in before I get denounced as a heretic

[jaf1948] 10/3/2024 16:37

JaynesDad,

Can I outdo your pedantry ?

I had already booked December 31st so claretandbluedave could not have the same day. I gave him January 1st 2025 instead but technically I was wrong to do so as my heading reads 'On what date in 2024' which clearly January 1st 2025 is not. But having granted the entry, I cannot really withdraw it now.

Hopefully it is all academic as the share price will go to 3p any day now.....

[xow98] 10/3/2024 16:33

Metals & Mining Tracker
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Weekly UK Metals & Mining Movers

[jaynesdad] 10/3/2024 15:49

I hate to be a pedant (ok that's not true) but claretandbluedave can be eliminated on a technicality. JAF could win it as 31st December is a business day, but 1st January 2025 isn't.

[xow98] 10/3/2024 14:20

MinerDeck
@MinerDeck

Metals: weekly price & performance

[jaf1948] 10/3/2024 09:03

On what date in 2024 will Ariana's bid price at close of business finish above 3.0p for the first time.

Paul280i................................25/01.......Eliminated
doinnuthing.............................14/02.......Eliminated
tigerchris1.............................16/02.......Eliminated
zedder..................................20/02.......Eliminated
Shortarm................................27/02.......Eliminated
bigglesbingham..........................28/02.......Eliminated
renniks2016.............................29/02.......Eliminated
Thanksamillion..........................05/03.......Eliminated
actonovator.............................13/03
jd 1965.................................14/03
pally1866...............................15/03
soulsauce...............................21/03
Charles Clore...........................29/03
coachsailor.............................20/04
zangdook................................09/05
trevor1234..............................28/05
Plasybryn...............................28/06
JAF1948.................................31/12
claretandbluedave.......................01/01/25

[soulsauce] 09/3/2024 17:45

I think it may contain some Tavsan production JD but it will likely be in the now well renowned Kerim ultra conservative style just so any excitement and expectation is firmly extinguished in the usual way.

[jaynesdad] 09/3/2024 17:14

Am I correct thinking that the JV production estimate is for 2024 is likely in the next couple of weeks? I assume that we are not expecting inclusion of any estimate of a contribution from Tavsan.

[soulsauce] 09/3/2024 16:56

Yep 😏

[plasybryn] 09/3/2024 16:55

Oh there's a surprise. Ha ha

[soulsauce] 09/3/2024 16:52

Great post Plasybryn but like huffster the other day I think you are forgetting at the last update on 17th Jan Tavsan was tippled in to Q3 for first gold due to the liners not being laid.

[plasybryn] 09/3/2024 16:43

I suspect Biggles is totally on the ball. It is impressive how many long term investors have just stuck it out. But in my book, patience has been tested to the extreme, and the Co. hasn't helped shareholders one bit by not providing clear expectations of timescales (a simple Gantt chart would do the trick).
But that apart, I agree it is all too easy to allow frustrations to cloud one's vision if the end prize is worth waiting for.
Having said that, if this was my Co. I would be embarrassed to see it go below 4p, especially 3p and well what can one say about below 2p! It is hard to fathom.
The Co. hasn't shown any empathy with investors or developed any sort of strategy to take advantage of such low prices - buy backs, director buying etc.
But as I sit here, surely we must now be close to very transformational news?
Is Tavsan going to go into production in Quarter 2 as promised? Will we get a long overdue update soon?
Is the upgrade Resource/Reserve and extended Life of Mines for Tavsan & Kiziltepe going to be communicated in Q1/Q2 as promised? There seems no rush and certainly no information on how matters are proceeding.
Will we finally get some proper indication of the potential at Salinbas and Hizarliyayla or will these continue to be delayed as more drilling is recommended? How long can this really go on? How many years ago was it when we were first fed the carrot that this could be exceptional; even another Hot Maden type discovery?

I must say I am very encouraged by WTR and Mentor Demi. It seems to me that he could be the sort of proactive, hands on CEO we need at AAU. He shows enthusiasm and passion. He puts himself about and appears to grab opportunities to promote his Co. Ariana should have him on the main Board.

Obviously the hardening gold price will encourage investors to start looking at undervalued miners and explorers, so perhaps we can sit back and wait for the pack to discover us and forget the disappointing lack of proactivity from our apparent complacent Board.

Perhaps some investors are however supportive of this low price, waiting for the new tax year and the opportunity to use 2024/25 ISA/SIPP allowances.

Fingers crossed these next few weeks witnesses a real turn around on many fronts.

[dixi] 09/3/2024 16:10

I have been for years, it is more a question now as to whether I'm still here to reap!!

[bigglesbingham] 09/3/2024 12:49

It will just be patient

[dixi] 08/3/2024 19:14

Ultimately this needs to double from here for me to recoup the value of the dividends I reinvested. Not the greatest of decisions with hindsight!

[renniks2016] 08/3/2024 17:24

Gold doing all the ramping you need Biggles $2,195! High today, no surprise but going quicker than I thought!

[bigglesbingham] 08/3/2024 17:10

I've put a bit back to load on anymore dips very rare opportunity imho but some will say I'm ramping but have tried to justify my thought in a logical way

[renniks2016] 08/3/2024 16:46

Still, 1.1m at less than 2p what's not to like, same again next week on the inevitable pull back in AU then you will need to be very quick I think to get any decent amount under 3 p this month. IMHO

[thanksamillion] 08/3/2024 16:33

Surprised you didn't Renniks, can almost feel the building momentum in gold, tho supose that doesnt mean AAU will automatically follow as we all know.

[renniks2016] 08/3/2024 16:20

Should have took the 1.5m at 1.98 this morning! Now want 2.7! lol have to have in small chunks, no quotes on above 250k and below 600K hey ho

[nov31] 08/3/2024 16:11

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