Ariana Resources Share Discussion Threads

[5huu] 24/10/2024 15:59

No neither can I TAM. My feeling for what it's worth is that things are now all starting to fall into place for Kerim, particularly if he can mobilise all his preferred partners, generate enough corporate focus via the ASX, and then who knows, maybe even get Salinbas so far advanced that he has his funding vehicles, he's well on his way to seeing this right through to production at the right time for gold.

[soulsauce] 24/10/2024 14:51

And yet he still doesn't like buying on the market 🤷‍a94;️

[thanksamillion] 24/10/2024 14:41

cant see Kerim cashing in anytime soon, too much more gold still to quantify in that there plot.

[philby1] 24/10/2024 14:41

'at least 2Moz of gold' says Kerim. Could be even more then. :)

[tnt99] 24/10/2024 14:21

2 million ounces of gold in them there hills that should lift the share price alone lol

[thanksamillion] 24/10/2024 14:02

Still relatively small volume considering the price increase.

Maybe a lack of sellers....and about time too.

[charles clore] 24/10/2024 10:26

Soul - I am thinking along the lines of something like your Newmont theory. In fact, Kosovo falls into a similar category as far as I'm concerned. This would leave a shed load of dividend cash and plenty of development funding for Salinbas as well.

[konil] 24/10/2024 09:49

need to get the asx listing out the way or better still abandon it before too much more spent on it. its a huge millstone hampering sentiment.

[konil] 24/10/2024 09:46

soul, yes that also occurred to me. if that is the plan ks correctly would not want to advertise it. just keep calm and carry on. maybe an extended bfs bringing in as much reserve/resource possible would tie it all up in a nice bow. maybe that's why something like 18/24 months was mentioned for bfs. a massive payday in say 3 years from now upon sale/part sale...that would be nice, better than the 7 to 8 years and massive debt or equity funding if going for production. all pie in the sky currently but fingers xd.

[shortarm] 24/10/2024 08:52

That'll be a five bagger then! Beers under the outside heaters at your place all winter then :-)

[jaf1948] 24/10/2024 08:34

Shortarm,

Thank you for your concern about my financial welfare. Being a pensioner, I have lost the £300 heating allowance, but then again I did buy 40,000 Rolls Royce shares last year at around £1 so I may just make it through the winter.

[soulsauce] 24/10/2024 08:13

I am not sure why they are wanting to go to the expense of drilling when they already have 1.8m oz. Seems like something they could have done from production funds, unless by getting it to 2m oz it puts it in the shop window with Newmont.

[jaynesdad] 24/10/2024 08:09

I want to see information about exploiting the resource, specifically timescales, cost and financing from the company itself, via a RNS.

[shortarm] 24/10/2024 07:56

Bodgit - been jam for five days in a row now!

[bodgit] 24/10/2024 07:55

Jam tomorrow. Hmmmm. Nice flavour though. Gla.

[shortarm] 24/10/2024 07:54

JAF, that has only cost you 25 percent so far! 3.5p by Christmas - TW said so!Good luck with whatever you are doing!

[shortarm] 24/10/2024 07:52

Indeed, never seen that before!!

[jaf1948] 24/10/2024 07:51

For me to reinvest here, I don't want to read geology reports - I want to read a costed business plan.

[zedder] 24/10/2024 07:49

Trades of 207840 shares seemed to happen on both exchanges at the same time.

[shortarm] 24/10/2024 07:48

JD, from Zeus this am:
Ariana is looking at fast-tracking development at Dokwe. Dokwe is proving to be a scalable project and still has much to offer.
Also, did they not say 89 million to build and 1140 costs per oz (when producing 60K ox).
Target is 100K oz over ten years (that is a minimum in the opinion of Zeus).

[jaynesdad] 24/10/2024 07:44

A good update, but what I want in addition is to know when and how it will be exploited, at what cost and how that cost will be funded. A resource of 1.8m ounces with a solid production plan that the market believes would support the share price far more than 2m, 3m. 4m sometime in the future.

[shortarm] 24/10/2024 07:44

Couple of bigger purchases on the other exchange too!

[5huu] 24/10/2024 06:59

Ariana with attitude returns......a very upbeat update.

[philby1] 24/10/2024 06:57

Kerim: 'Based on our current assessments, we are targeting potential enhancement of the resource to at least 2Moz of gold.'

That's a lot of gold!

[renniks2016] 24/10/2024 06:33

The Dokwe Central deposit remains open to the west and historical intercepts (notably 7.3m @ 6.63g/t gold intercept from 32.2m) to the east indicate that the prospectivity of the Dokwe Central fault zone extends for at least 1km. TThat's a long way!!