Ariana Resources Share Discussion Threads

[plasybryn] 13/10/2024 08:35

So AAU have been unreasonable quiet about the forthcoming 30000 oz per year JV mine at Tavsan. But given it has been delayed even more than climate change armageddon, perhaps the Directors have lost interest or perhaps been deflected by the new kid on the block - Dokwe. Or is their aim to give the market an explosive fourth quarter of value generating news to stimulate the share price ahead of the ASX listing. What will Ariana 11 have as its strap line? Attitude proved a damp squid so lets get it right this time.

[shortarm] 12/10/2024 07:21

It is also just 23.5 percent of the 20 million and AAU profit is so low because the money is being spent on building Tavsan. Kiziltepe has been producing gold at below seven hundred dollars an ounce - that is some serious profit!

[charles clore] 11/10/2024 20:19

Believe It's a Turkish bank loan, not Zimbabwean

[shortarm] 11/10/2024 16:33

AAU, 20 million loan? Jeez you really are stoopid!

[cinoib] 11/10/2024 15:30

Soulsauce, I thought they'd sorted themselves out since Mugabe had gone as I seem to remember something like 250% inflation then, but sounds like it's not improved any.Bit like Aau even with gold heading for $2,700. Just look at results that tiny profit will just about cover the interest on the 20 mill loan.

[bigglesbingham] 11/10/2024 14:19

He's stated he want to run 100% there will be significant debt but who knows. Caledonia mining did a presentation in Sept and they are in a very similar position having to raise more than their market cap on excellent project in Zimbabwe , having steady producing assets to cover overheads. Very good presentation sinking the praises of Zimbabwe which was reassuring. Plas posted it on this board. But yes we need a path to funding and not at shareholders expense as to whether the board have the nouse to do that is a question that needs to be answered because their progress so far has been at the expense of the shareprice.

[charles clore] 10/10/2024 20:46

Lottsagold - I think kerìm will do everything in his power to meet the promise he has made to shareholders. We can only take him at hi word and let him do his job imho

[lottsgold] 10/10/2024 18:28

I'm just clinging to the hope Kerim will do the right thing when the time comes... must be awfully tempting not to, look at Shanta. They had just made it to the promised land and bam the company was stolen from underneath them. Are we thinking Proccea in as partners, and borrowing the bulk once the final resource/mine plan is in place? Surely the ASX listing won't be to raise large capital from the off?How do you guys see this panning out?

[charles clore] 10/10/2024 13:50

It takes a lot for a leopard to change its spots. If something is working for Kerim I doubt he would see why he should change anything. This is the way the cookie crumbles.

[shortarm] 10/10/2024 11:12

You know, I wish Ariana version 2.0 would post a bit more news!

[shortarm] 10/10/2024 08:30

Is that Zack at Dokwe? Hopefully he has had a further look at Dokwe South!?

[bigglesbingham] 10/10/2024 07:31

The clarity of the path is what I want to see re the shares in circulation when Dowke produces. A very difficult path needs to be trodden to get share price up. The projects are very good but the advice regarding marketing, Share price accrual etc needs to improve as exemplified by todays ridiculously low share price A good way to improve that path would be knowing their intentions re capital raise.

[shortarm] 10/10/2024 06:31

Mentor Demi:Some photos from the sessions of the first mining forum in Kosovo organized by the Kosovo Chamber of Mines Kosovo Chamber of Mines .Over 80 participants and companies from different countries of the world take part.For detailed info visit Kosovo Chamber of Mines

[lottsgold] 09/10/2024 07:09

Funny you're talking about PE Ratios this morning. I was doing some research on gold miners on the ASX if we can get Tav/Sal/Silv/Dokwe all producing or on the route to producing you soon see that 500m valuation and possible more. The path is there clear to see!

[shortarm] 09/10/2024 06:50

In other WTR news from July 2024:
• A detailed targeting across the Cecelia-Popova-Lluzhan licence package has defined
potential for porphyry and epithermal mineralisation with assayed float samples
including:
o 19.55g/t Au + 684g/t Ag
o 12.75g/t Au + 28.4g/t Ag
o 12.35g/t Au + 22.9g/t Ag
· 2,000 metres of exploration trenching is now underway at Slivova to test the
significantly anomalous Dzemajl target identified from soil sampling.
· An environmental and social baseline study is also well underway at Slivova.

[shortarm] 09/10/2024 06:46

It is funny to think k that the 75% that Ariana owns of WTR which will own 85% of Slivova which is targeted to produce 13K oz per annum will be worth around 50M at a PE of just 5!

[plasybryn] 08/10/2024 18:53

Mentor Demi - WTR I emailed him to wish him well with his Forum tomorrow. This is his reply.Quote:- First time we're organizing a mining forum in Kosovo so hopefully all goes well.

[shortarm] 08/10/2024 16:25

You would have to think he forgot? I mean he has a better target for Asgard funds - altai perhaps?

[shortarm] 08/10/2024 16:07

Mentor:Western Tethyan Resources is excited to announce our participation in the Kosovo Mining Forum tomorrow, organized by the Kosovo Chamber of Mines.Our President and CEO, Mentor Demi, who also serves as the CEO of the Kosovo Chamber of Mines, will be present to discuss company progress and development of the first gold project to be in Slivova, Kosovo. We look forward to engaging in meaningful discussions and showcasing our innovative approaches and insights from our ongoing projects, contributing to the sustainable development of mining in the region.

[xow98] 08/10/2024 16:05

Odd that KS thought it good enough in his personal capacity but not good enough for company.

[thanksamillion] 08/10/2024 09:51

Yes I do have questions about that.

Edit
Kerim and the other directors took theirs up.

[zangdook] 08/10/2024 09:18

And Asgard let them lapse?

[thanksamillion] 08/10/2024 07:45

I did say the recent PNT rights was a no brainer.

;-)=)