Ariana Resources Share Discussion Threads

[soulsauce] 16/8/2019 09:54

No paul I don't own a large amount anymore, it keeps me sane that way for the very reasons we are seeing and have seen on multiple occasions since I first held pre 2010.

[shortarm] 16/8/2019 09:48

You can buy more next month but I for one hope they cost you more :-PGood luck in GGP

[desertrat2] 16/8/2019 09:46

thanks CC and dixi i would very much hope to be buying more next month

[charles clore] 16/8/2019 09:43

Good luck ratty all good traders have to follow the cheese.

[shortarm] 16/8/2019 09:42

An exaggerated drop for less than 12 grands worth of stock!August is a holiday month - moves can be higher on rubbish volume.

[dixi] 16/8/2019 09:42

Well it's your call nobody elses. Hopefully one day investors will be selling elsewhere to buy in here for a change :-)

[desertrat2] 16/8/2019 09:40

i will own up to selling 300k this morning, only reason being that after the NCM mining update on GGP last night i just had to have another top up there. i will be back for for more AAU in september :)

[charles clore] 16/8/2019 09:39

The trend is no longer my friend! It looks like 1.8p could be on the cards here.

[dixi] 16/8/2019 09:35

Well it looks like somebody needed to shift 600K at all costs this morning.

[shortarm] 16/8/2019 09:27

What kind of drugs are you on?

[goldenshare888] 16/8/2019 09:26

LOL - more importantly - was lemming day postponed yesterday?

Is lemming day going to be today?

It's a long way down but lemmings will not care!

:-/

[paul280i] 16/8/2019 09:18

Big sale at 8.21, Soul, have you sold out?

[d1g3y] 16/8/2019 09:15

Right, own up who sold 100 shares?!?! Lol

[the deacon] 16/8/2019 09:07

https://twitter.com/fletchshares/status/1162091357932068864?s=19Agree AAU could/should step up their PR

[swallowsflysouth] 16/8/2019 08:43

Charles, i think i will resist dancing. I wonder what the trading services issue is ?

BREAKINGFTSE opening delayed due to 'trading services issue'
The FTSE 100 and 250 will not start trading straight away at 08:00 today because the London Stock Exchange "is currently investigating a potential trading services issue".

[backmarker] 16/8/2019 03:54

thanks, soulsauce

[charles clore] 15/8/2019 16:57

We can all dance - it's Friday tomorrow!

[soulsauce] 15/8/2019 16:31

Did someone mention Panic?

Just for you backmarker:-

[backmarker] 15/8/2019 16:09

fwiw more goldminers seem to be slightly down rather than up today....despite PoG looking to consolidate around the 1520 mark.

Don't panic................yet.

[backmarker] 15/8/2019 13:07

I didn't mean to say that KS is doing nothing at all, rather that there's no incentive to go all out on behalf of PIs. KS is doing what he needs to do, ticking the boxes.

I believe KS is not a natural performer, but he has got better at PR over the last couple of years, probably helped by the fact he has a good story to tell.

Why employ YJ ? I don't know, apart from ticking the box.

All I'm saying is that if the market is not valuing AAU at what we think it should be, then it's probably not of major concern to the company right now. Next year may be a different story.

So if everything goes to plan then medium term holders needn't worry. There should be opportunities to take profits next year.

Patience is the key.

[soulsauce] 15/8/2019 12:31

You could well be right backmarker but if that were the case why employ YJ, why employ someone in the company with that background and why do all the pieces to camera after every bit of news?

That aside Kerim should have a duty to shareholders, especially those that have backed him with big money, to ensure this is marketed properly and not just when they need funding. That is how you keep people invested and not leaving for potentially greener pastures thus affecting the share price even more as we have seen of late.

[theduke420] 15/8/2019 12:15

Added some more today.. News on additional salinbas results would be nice

[backmarker] 15/8/2019 12:05

soulsauce,

you may be right about PG and the need for better promotion of the company. but AAU has a bit of a record of not trying too hard to keep PIs happy; witness poor fundraising, badly timed/presented bonuses etc.

KS is much happier getting on with building a solid company than engaging with Joe Public. And if he keeps on delivering above his conservative - but good - targets then this will all look great to IIs next year when the JV loan is gone and cash is rolling in.

for now, AAU doesn't need any money, so maintaining newsflow to encourage the share price and keep PIs happy is probably not seen as particularly important or necessary.

as to the idea that a low share price may enable/encourage a predator looking to get AAU on the cheap, I would guess that the BoD can count on enough shares to counter that. in fact, AAU may want to encourage it to draw attention to itself with the potential IIs which it will want next year.

[soulsauce] 15/8/2019 11:56

Exactly Charles and PG not having fulfilled anything said in that RNS then Kerim should have booted them too.

[charles clore] 15/8/2019 11:49

If PG had any doubts about meeting AAU's requirements they should have said so at the outset the company could have made other arrangements. As it is, they have wasted 2 years and left AAU bereft of well deserved further institutional support. How can that be good for the company?