Ariana Resources Share Discussion Threads

[bigglesbingham] 14/5/2024 09:05

You can give me a few more of those predictions ha ha

[shortarm] 14/5/2024 08:57

According to IG Index the bid just went up, not shown here yet!

[thanksamillion] 14/5/2024 08:05

Shortarm, 3HCL - 3x copper by Wisdom Tree - up 6% yesterday, I hold a few and will continue to hold in coming years.

[shortarm] 13/5/2024 18:02

Copper 475 up 2%

[thanksamillion] 13/5/2024 10:40

For now....I love the fact that there are no new posters on this board, shows the word has yet to get out to the wider world. The recent buys are mostly from existing holders, one day this will all change as others get to see what we have here.

[bigglesbingham] 13/5/2024 09:49

Let's hope so

[thanksamillion] 13/5/2024 09:38

3p beckons, then 3.5.

[renniks2016] 13/5/2024 05:41

AsgardPNTDaniel Tuffin, Managing Director and CEO, commented:"We are extremely pleased with these amazing early-stage Scoping Study outcomes. These results,which are based on less than a third of the current MRE's size, demonstrate the incrediblepotential of the Coglia Nickel-Cobalt Project.Even at these conservative levels, Coglia is economically robust with an indicated initial life of mine( 'LOM' ) of 10 years and a LOM cashflow of $A776.6M.Our planned 3.5Mtpa environmentally friendly bioleach facility not only reflects our commitmentto environmental stewardship but also positions the Company as a global leader in sustainableprocessing practices.As we delve deeper into the project's development, the scalability of Coglia becomes increasinglyapparent. We are on the cusp of unlocking its full potential, with substantial opportunities forfuture expansion and enhancement.The Company looks forward to keeping our shareholders updated as we progress to the nextstages of development, confident that Coglia stands as a project of future national significance inplaying its part in Australia's battery powered future."

[xow98] 12/5/2024 22:42

MinerDeck
@MinerDeck

Metals: weekly price & performance

[xow98] 12/5/2024 22:29

Ariana Resources – Dokwe project updated pre-feasibility study further highlights this acquisition’s HUGE potential: BUY

Ariana Resources (AAU) last month announced an all share acquisition, equating to £19.4 million on the announcement, for company which owns the Dokwe gold project in Zimbabwe – Rockover Holdings Limited. We noted clear upside potential including with a gold price above $2,300 per ounce and concluded ‘a cracking deal’ though the shares were down to a 2.3p offer price in response. That’s now already 2.7p following a “Dokwe Gold Project Revised Pre-Feasibility Study” announcement, which includes;

Subscribe to ShareProphets to access Premium Content

[excellance] 12/5/2024 21:52

It would certainly reset the system, effectively devaluing the dollar. If you consider how much money the west has printed, to bail out the banks and then COVID, the amount of debt is now unsustainable, and inflation means rising debt repayments.

If they devalued the dollar most of that debt disappears. Dumping bonds would do that, but any notion that politicians or the council for foreign relations planned this from the beginning would be political suicide.

[charles clore] 12/5/2024 18:55

Ex - I can't help thinking that is China's plan (and the US's)

[excellance] 12/5/2024 18:28

As Camoron said to Xi, it's a new golden age.

Coincidental words?

China had been buying gold and reducing dollars. They still hold $750 billion in US debt, but if the idiots in Washington keep pushing the "China is our enemy" narrative what's to stop them dumping dollars at an increased rate?

If they did that then gold would really rocket!

[charles clore] 12/5/2024 17:17

Whats happening folks? Without exception, every financial commentary I am seeing today is singing the praises of gold and silver. It seems the exchanges are running out and I think next week could be monumental for anything metal but especially the yellow and silver kind.

[excellance] 12/5/2024 15:18

Shipping the Kiziltepe plant to Zimbabwe is not going to happen for several reasons, not least that they may keep it running for many more years if satellite mine exploration proves anything up which I expect it will. Don't forget that the plant is essentially paid for, so no debt burden, but higher transport costs and probably lower grades.

[plasybryn] 12/5/2024 15:09

Poster on LSEJust about to board a Pegasus Jet to Istanbul, hopefully going Trabzon and will hire a car. If I have time I'm going to look at this Hot Maden corridor where Salinbas is.

[bigglesbingham] 12/5/2024 13:52

Art of conversation is getting ones point across dear boy ha ha

[jaynesdad] 12/5/2024 13:35

I think Ozaltin might have something to say about shifting the plant from kiziltepe to Dokwe. They effectively own 53% of it. If Dokwe is all it is being made up to be I don't want leverage over the ownership of the CIL plant to mean yet another cut price asset (and control) giveaway of AAU assets to Ozaltin.

[shortarm] 12/5/2024 13:24

Kerim mentioned the possibility of using Kiziltepe plant at Slivova (Kosovo). Similar sized project to Kiziltepe.

[renniks2016] 12/5/2024 13:07

IMHO, it would make sense to run Kizl for another two years with ore from satellite pits and high grade from Tavsan. Then ship the CIL plant to Dokwe and get up and running there. During the two years expand the heap leach pads at Tavsan, to maintain output once Kizl finished and satellite pits exhausted. running 1 mine (Tavsan) for 12 months while CIL plant being installed and commissioned at Dokwe, this would be at a higher rate (50k oz) from expanded operations at Tavsan, then add another 60k+ once Dokwe online.

[soulsauce] 12/5/2024 13:06

Cheers excellance had missed that.

[excellance] 12/5/2024 12:56

We are very pleased to provide our production guidance for 2024 following several important developments at the Tavsan Sector in particular, and for the Company more broadly. As this announcement comes after the end of the first quarter of 2024, we are also pleased to report that the average gross revenue per ounce produced during Q1 2024 is US$2,328, attributable to the marked increase in gold and silver prices during the period. Accordingly, cash on hand within the Zenit partnership is currently c.US$10M, maintaining the strong debt-free position secured since June 2023, with >US$35M having been spent so far on the Tavsan mine build.

[excellance] 12/5/2024 12:55

They are phasing out Kiziltepe, feeding in high grade ore from tarzan to keep it going, allegedly profitably but that remains to be seen.

The new zaltan heap leach mine will ramp up from late 2024 and numbers will be combined from now on so we can't guess how Kiziltepe is performing.

I thought 9,400 Oz pa au from 2025 was being conservative, but the real problem for me is the transport costs to ship high grade ore hundreds of km. If they ship 20t at 3g/t that's only 60g of gold per 260km round trip each time. Very marginal when factoring in fuel, the cost of operating a truck, wages, insurances and taxes etc.