Ariana Resources Share Discussion Threads

[dixi] 26/2/2019 17:05

But 10x more growth than MARL would be exceptionally welcomed, however many shares in issue :-)

[jaynesdad] 26/2/2019 17:05

Nope. No matter how many shares are in issue, 1 or a billion, you just need the market cap to go up 10 fold for a 10 bagger.

[dixi] 26/2/2019 17:04

That makes no sense - it is all down to the market cap not how many shares, What was the mcap of MARL before it took off? That is the relevant figure.

[robizm] 26/2/2019 17:01

yes but if you have 10 times more shares you need 10 times more growth thus easier to 25 bag with 130 million shares than a billion hope that helps.

[shortarm] 26/2/2019 16:30

Erm, isn't it all about MCAP and the value of the asset?

[robizm] 26/2/2019 16:28

MARL from memory only had 130 million shares in issue where we have over a billion. So 25 times current share price is £500 million and my holding would be worth £375,000.00. Salinbas and other properties would need to be exceptional but who knows 5 years time and a bit of luck.

[charles clore] 26/2/2019 16:12

Happy days gs. By the way whats that other company we both have shares in, is it HOC?

[goldenshare888] 26/2/2019 16:04

5 - 25 BAGGER will do me....!

[goldenshare888] 26/2/2019 16:03

Quite possibly Charles, and crucially AAU have 100% of Salinbas and MARL only had 30% of Hot Maden!!!

:-))))

[charles clore] 26/2/2019 15:56

The difference is I think AAU will be bigger and better managed if that's possible! All the experience of MARL and the brain of Sener

[goldenshare888] 26/2/2019 15:52

Same happened with MARL!

:-))

[charles clore] 26/2/2019 15:50

This is so annoying. The price drops and I still can't buy any under 2p!

[goldenshare888] 26/2/2019 13:57

Certainly is Charles!

Fingers crossed for MARL II or at least a 5 BAGGER!

25 BAGGER here is a Retirement Level Event (RLE)!!!

:-)))

[goldenshare888] 26/2/2019 13:31

Seen it all before with MARL - very few believed that could 25 BAG in short order - yes it was c 2p for ages, and then BANG!

10p would be a poxy 5 bagger here from 2p!

Very achievable in my view!

:-))

[kirbs4] 26/2/2019 13:20

... Which would require massive news from salinbas here imo.

[kirbs4] 26/2/2019 13:19

Only way i could see it happening Charles is 'over night' in investing terms. MARL esque where is jumped from 3.5/4p to 55p within a month.

[bigglesbingham] 26/2/2019 12:33

Bidding for 1m offering only 500k. Nice

[alwaysevolving] 26/2/2019 12:14

Be nice to close and hold above 2p and set a new floor.

[bigglesbingham] 26/2/2019 11:49

I hope your right !!!

[bigglesbingham] 26/2/2019 11:49

This it may be due to seller clearing remaining stock last night ?here's hoping anyway !!

[paul280i] 26/2/2019 11:22

This company can do no wrong, change of registered office produces a big tick up in share price, what happens when there are some drilling results?

[goldenshare888] 26/2/2019 11:11

Well spotted biggles, it could be onwards and upwards at last!

:-))

NB. AAU should be 3p by now in my view. Personally, I am targeting 10p here within 12 months.

[bigglesbingham] 26/2/2019 11:02

2.075 p hope I was right about seller last night

[bigglesbingham] 25/2/2019 17:01

If you are new to this thread there is some very good posters on it. Well worth a couple of hours going back. It will give you a very good picture of where the company is now, where it's been and where it's going!!!

[bigglesbingham] 25/2/2019 16:59

When there's the end of a seller there tends to be a relatively larger than average sell and it's an uneven number just to clear residual. Just something I've observed over the years. Let's hope that last sell was just that!