Ariana Resources Share Discussion Threads

[bigglesbingham] 01/10/2019 14:11

I got more of a feel as to what they are trying to achieve and that is a much larger player. They stated that they are looking at using these figures to recapitalise then look at divs buy back. Between lines procea odds on partner for salinbas and why not?? They are creating a very solid base. I still see a big boy coming in , the one thing I'm wondering about is with the complex nature of the business JVs protect them from being taken out?

[jaynesdad] 01/10/2019 14:10

To be honest that was disappointing (I mean the bits that worked!). Think questions were toned down a bit and the answers seemed strangely waffly and avoiding the clear points the questioners had in mind. From my point of view the biggest take away was a hit that work 'should', 'possibly', be underway at tavsan T the end of 2020. I would really like to know that will be stuck to, which would mean production there in 2022, debt free (in Tavsan) in 2023. Lot of free cash in Western Turkey from that point. Maybe.

[jc2706] 01/10/2019 14:07

I agree with them. I have yet to see multiple brokers have an impact on the share price. Usually when a small miner gets another broker the investors run for the hills screaming 'placing!'.

[bigglesbingham] 01/10/2019 14:06

They won't do a gaunt chart because it paves way for unachieved deadlines which are often out of there hands. They don't agree with second broker because like it or not they hold panmure gordon in high esteem and don't rate majority of brokers. Their thought process is another broker won't increase share price or every company would have three or four.

[soulsauce] 01/10/2019 14:03

It got us somewhere Plasybryn but not as far as the excitement of a conference call suggested.

Ahh well hopefully the Q3 results will push us on.

[bigglesbingham] 01/10/2019 14:02

I asked questions regarding Cyprus and what did he mean by being bigger. It's in Cyprus gold copper and he quoted the same line the md of chesterfield resources quoted regarding meaning of Cyprus. It would be via a buy in . With regards to what he meant by Ariana thinking bigger he clarified it by being a bigger producer which imho doesn't stop someone coming in a making an offer if shows that we have another alternative ( unlike brexit now) . He emphasised much bigger potential in salinbas. Tarsvan will be funded via loan which I had suspected but not heard before.

[soulsauce] 01/10/2019 14:00

Between now and xmas then Q3 prelims, Q3 finals, some various drilling results and hopefully something more definite on Cyprus.

[plasybryn] 01/10/2019 14:00

I agree soulsause. Did the lady really understand the questions she was asking? It would have been better to get say Michael to ask the questions on our behalf of Kerim. When there is not chance to follow up on the reply, it all becomes a bit flat and lifeless.
Did it really get us anywhere?

[charles clore] 01/10/2019 13:57

soul - agreed and I think we can probably look forward to news on Cyprus fairly soon.

[soulsauce] 01/10/2019 13:56

Yep a bit disappointed in that and nothing to get the pulse or the share price racing.

Usually you can hear the questions being asked rather than silenced out through a third party.

At least we know we are looking at an earn in copper gold project in Cyprus.

[plasybryn] 01/10/2019 13:54

What happened to Antimony? Nothing raised about the Gantt chart or the need for a secondary Broker Note with a more realistic valuation

[plasybryn] 01/10/2019 13:52

Last question!. Think it would have been better if we could asked the questions direct to Kerim. Written Q & A on web site to follow.

[charles clore] 01/10/2019 13:50

aha! 2 years due diligence carried out in the background on VMS copper/gold project opportunities in Cyprus and they are on the cusp of further developments!

[paul280i] 01/10/2019 13:50

I think I may go and watch some paint drying

[claretandbluedave] 01/10/2019 13:49

This isn't working very well is it?

[plasybryn] 01/10/2019 13:47

Only one question per person allowed. Not covered everything we asked in advanced paper format. Nothing really on Cyprus yet.

[paul280i] 01/10/2019 13:45

This is Blxxdy slow, lets go back to shareholders meetings

[jaynesdad] 01/10/2019 13:41

Talk amongst yourselves!

[mcmather] 01/10/2019 13:41

You have or the telephone line?

[paul280i] 01/10/2019 13:39

Now gone dead awaiting the first question

[plasybryn] 01/10/2019 13:06

Bit of slippage. Good it wasn't in the Gantt chart!

[paul280i] 01/10/2019 13:05

Difficult password to remember