Ariana Resources Share Discussion Threads

[jaynesdad] 22/9/2019 14:16

Thanksamillion, IHT exemption is a difficult question. Essentially it has to be a trading company (ie not passive investment) and quoted only on AIM. Trouble is that there isn't a list and it is only established if it qualifies when somebody goes to the trouble of pegging it and the relatives make an application. You also have to hold the shares for 2 years before your final breath

[thanksamillion] 22/9/2019 12:54

Looking on the downside, does anyone know if this Aim share qualifies for Inheritance Tax Relief in the unfortunate circumstances of .....

Ok I'm off.

[charles clore] 22/9/2019 11:47

JD - well done making moves to get them into an ISA. That will pay off handsomely imho.

[jaynesdad] 22/9/2019 10:45

Out of interest I just worked it out. I made £19 selling 500k from my non ISA than re buying into my ISA a few days later. Of course the share price had declined by over 5% in that time, so £19 says a lot about the bid /offer spread. I reckon I can have a starter and main course, one pint of Cobra and a single poppadum. May or may not be able to have a coffee. I'll let you all know

[jaynesdad] 21/9/2019 18:58

Myself also Charles. Managed to shift 500k into my ISA at zero cost (in fact made enough for a decent curry) and would like to shift another 500k. Then I'm done and would like some northwards share price action!!

[charles clore] 21/9/2019 09:55

I have topped up as much as I can and am very pleased with the share price performance this year. With PMs seemingly on the cusp of a bull market, if the share price continues to perform on the current vector it will mean that by Christmas I will have a higher value percentage of AAU in my portfolio than everything else combined. Not sure what to do when that happens but may topslice a little, say 10%.

[plasybryn] 21/9/2019 07:03

Where will that take us to in your view and roughly over what time frame. Don't suppose you can provide a link to the chart. We should be just starting our re-rate, so not sure about wave 5. Buying now ahead of 6 months Interims next week perhaps. I'm very optimistic about our performance in Q4.

[backmarker] 21/9/2019 03:59

gold trying again to launch off the 1500 support.

AAU now started wave 5(iii) up.

[2tyke] 20/9/2019 19:01

Gold consolidation still in progress.
The move from $1490 back over $1500 now opens the door to a move higher above $1532.....prior to a likely price breakdown.

[jaynesdad] 20/9/2019 15:15

Nope Mcmather, 2 of them early on were mine into my ISA, to replace some sold at a very slightly price in my non ISA a/c last week (or the week before, cant remember)

[bigglesbingham] 20/9/2019 13:06

What about ppc ? Aren't you in president too?

[thanksamillion] 20/9/2019 10:56

With the interim results expected next week we could reasonably expect further lab results from the various drilling operations.

Edit.
Further rise to 2.25 on no listed trades, must have been a big buy with notification held back for an hour or two.

[mcmather] 20/9/2019 10:23

3 chunks of 250k shares. Is that you again tyke?

[brasso3] 20/9/2019 08:10

JC

Totally agree about diversity and various risk profiles.

I hold AAZ, AAU, ALTN, ECR, FRES, HOC.

I keep an eye on HGM, CEY, HUM, CNG, CNR.

[jc2706] 20/9/2019 08:02

Swallowsflysouth,

I can think of one company.

[jc2706] 20/9/2019 08:01

For balance I should point out that gold has gone above $1500. I will not arrogantly suggest that this is on the way to $1600! :-)

[2tyke] 19/9/2019 20:35

Spot gold break of consolidation is still expected this week.
Likely now that $1500 has been breached again that a fall to below $1450 may begin.
Gold stocks indices should follow any decline.

[cpap man] 19/9/2019 20:10

KAV



Kavango’s three projects in Botswana offer an excellent diverse potentialfor the discovery of nickel-copper-PGE, copper-silver and rare earth deposits. Listed on the Main Board of the London Stock Exchange (Standard List) - (KAV.L)

The Kalahari Suture Zone (KSZ) Project, a 450km long N-S magnetic structure of continental proportions, is a large scale nickel, copper, cobalt and PGE group
exploration project in the southwest of the country. It is similar in its geological
setting to the giant Norilsk deposits in Siberia. Kavango recently completed two phases of airborne electromagnetic surveys covering over 4,000 line-kms in the northern part of the KSZ. Numerous conductor anomalies were identified and located on the ground; drilling of the most prospective targets is planned for late Q3 / early Q4 2019

The Ditau Camp Project (Ditau) is a 7km long magnetic body with corresponding geochemical and gravity anomalies approx. 50km west of the KSZ structure. It is one of 10 significant ring structures in the two Ditau licences. Two recent drill holes and the discovery by Falconbridge of a carbonatite in the area indicate a large area of alkali intrusive bodies. Carbonatites are generally associated with rare earth minerals. Whilst the Company continues to add value to the project with some low cost (within the current budget) geophysical surveys at Ditau, the medium term plan is to attract a joint venture partner.

The Kalahari Copper Belt (KCB) extends in a northeast-southwest direction for at least 1,000 km from western Namibia to north-eastern Botswana. The KCB contains known sediment-hosted copper-silver deposits two of which are currently being developed into mid-tier copper-silver mines. Kavango will carry out geophysics surveys and soil sampling to identify copper hosting anticline structures. The KCB Project is the subject of a recently signed MOU with a private Botswana company, who hold two strategic but unexplored PLs in the KCB area, whereby Kavango can earn an interest in the two licences by spending funds on exploration.

Conclusion

Kavango’s three projects in Botswana, the Kalahari Suture Zone, the Ditau Camp Project and the Kalahari Copper Belt, offer an excellent diverse potential for the discovery of nickel-copper-PGE, copper-silver and rare earth deposits.

Botswana is recognised as the best jurisdiction in Africa for business and with the Company’s very experienced management team the chances of success are high.

[swallowsflysouth] 19/9/2019 20:02

Jc, i'm not sure of other gold miners with a higher potential for increase in resources/reserves than AAZ, however there is also the potential for hostile takeover by the goverment/ruling family of a failed mine. So many questions hanging in the air over that one.

[jc2706] 19/9/2019 15:28

I see no reason why you can't have both. There are other gold miners you could also add with greater or lower levels of risk/reward. Room in a portfolio for several I should think.

[brasso3] 19/9/2019 14:27

You could argue that AAZs journey has only just begun. They only have a 1m oz gold resource where the Russians estimated it closer to 10m oz. Anyway, Enough of AAZ!

[charles clore] 19/9/2019 14:26

I like the story at AAZ but would I sell AAU to buy the other one? No way! AAU's journey has only just begun.

[jc2706] 19/9/2019 13:24

I like AAZ but believe that it is pretty fully valued compared to some of its peers.