Ariana Resources Share Discussion Threads

[jaynesdad] 05/10/2019 17:20

Well, 80% up from a fairly localised low but I get your point. Many very early holders are still underwater I think! My first investment was in 2016 from memory. The PE should be significantly higher next year. Out of interest, I looked at the latest Investors Chronicle in Sainsburys when I was there, expecting some coverage of the results - I think they normally say something about all quoted companies results no matter the MC. Mind, that may true only for full year rather half year. Whatever, I couldn't find anything in it about AAU, and it was the edition published yesterday.

[thanksamillion] 05/10/2019 14:25

As a long term holder I prefer not to complain too much after an 80% increase in share price over the last twelve months. Need to be aware of current limiting factors, such as a PE ratio of around 10 going by the latest half year report. I look forward to another 80% rise by this time next year.
I believe that a steady two year rise of the sp, alongside continuing good/steady as she goes exploration results and repayment of debt completion will be the trigger to generating better institution involvement.

[jaynesdad] 05/10/2019 11:06

I thought about Cyprus. I can't see a 'wow factor' emerging there. Yes it may be a fantastic deal for AAU, and produce significant value in the future. But we are talking relative to a £20m MC company. That is one of the attractions of AAU. Its size means that, if they continue to get it right, even relatively small deposits could give extraordinary % returns in future. But the Cyprus deal, when it happens, isn't going to make the Daily Mail business page! Double edged sword, its small size means its hidden from view and under the radar. One the other hand its hidden from view and under the radar...!

[dixi] 05/10/2019 10:29

Needs some 'wow factor', I would also suggest most investors who are interested in gold miners are aware of AAU, but think it too insignificant to bother. These are the investors who need stirring up. Cyprus may do this, Salinbas may do this. Who knows? This really is a great company, but it is small in the scheme of things.

[jaynesdad] 05/10/2019 10:21

This is an unusual share. Due to a lack of 'getting the message across', and a known clique of well informed believers who have over time invested more and more, I imagine there is a relatively small investor base. The BOD have a fair chunk, several (including me)on here and LSE have a fair chunk. I don't imagine existing investors have got much headroom (ie either available cash or because they are aware that they are already stretching sensible investing rules) to buy into this much further. So where are the buys going to come from to move the SP? I suppose the answer is effective PR but we know we don't have that available....the ones we have demonstrated they cant even organise a phone in! Or maybe a real shock announcement that will reach the financial press? Put another way, a rights issue would be a poor idea at the moment, I cant see existing investors being able to fully participate unless the amount being raised was relatively trivial (I know that I couldn't, and I mean that seriously) - that would result in a major overhang in the shares depressing the share price for months! Have a good weekend

[dixi] 04/10/2019 16:59

That was a first class interview - I'm happy with that one indeed :-)

[bigglesbingham] 04/10/2019 15:45

He's confirmed copper / gold that's why I thought it was CHF . But bought some CHF on back of 1.2m in cash and some excellent licenses and directors bought at 6-7p so skin in game. I don't mind Kerim slightly changing his stance and listening to us. We've been telling him to be more positive for ages .

[jaynesdad] 04/10/2019 14:18

That's good Ash. You seem to have a real understanding of the finances here. I thought it was the JV, so I watched the interview again in the hope that Kerim confirmed but sadly not!

[m20ash] 04/10/2019 14:16

Hi JD, the working capital loan is within the JV. Cheers, Ash

[jaynesdad] 04/10/2019 14:06

Just watched the proactive interview again. Was impressive. Does anyone know if the £7m working capital facility is solely attributable to AAU or, like the construction loan, to the JV? Have to say that the sign off (BMW to Tesla) makes me cringe, so unlike how I have seen him interview before. I would have expected such a sign off from a slick shiny suited American not Kerim!

[jaynesdad] 04/10/2019 14:06

Just watched the proactive interview again. Was impressive. Does anyone know if the £7m working capital facility is solely attributable to AAU or, like the construction loan, to the JV? Have to say that the sign off (BMW to Tesla) makes me cringe, so unlike how I have seen him interview before. I would have expected such a sign off from a slick shiny suited American not Kerim!

[charles clore] 04/10/2019 13:47

biggles - could it be a copper gold porphyry? I believe a VMS was mentioned, they often produce polymetallic deposits.

[bigglesbingham] 04/10/2019 12:47

20kg copper in standard car 106 kg in Tesla model 3

[backmarker] 04/10/2019 12:30

excellent confident interview. answered all the questions that have been angsted on here for some time.

I like the Tesla aspiration, but historically I see AAU as having been a Ford Cortina.

right now it could be a VW Tiguan ( - yes, I happen to drive one, and VW may yet outshine Tesla in the electric vehicle stakes ).

but a BMW ? never. ( and yes, I hate BMWs)

[charles clore] 03/10/2019 15:05

Either that or some holdings are being shifted around.

[bigglesbingham] 03/10/2019 12:13

Sound like institution adding at mid price imho hence no market movement

[coachsailor] 03/10/2019 12:11

Gym: -the two large 1m+ trades at 2.1 must have been buys as know for certain that the two later trades at 2.09 were definitely buys - (even though showing as sells). mms still holding it back.

[mcmather] 03/10/2019 12:06

Reckon they're buys Gymratt; 3m now in total?

Wonder whether it's connected to the near 8m trade from a couple of weeks ago?

[charles clore] 03/10/2019 11:34

Cinoib - I am well aware that 6% dividend is 6% more than AAU but thanks for reminding me - I assume, in the hope of 'drumming it in' lol! I agree with you the share price 'should' be around 5p at this stage and, having been compressed for a while, will no doubt finally break out with great force.

[gymratt] 03/10/2019 10:46

Any ideas on the large trade? Is it a buy? If so, someone with deep pockets and a good sense of timing(?), unlike me having 'topped up' with 180k last week @ 2.24p.

[cinoib] 03/10/2019 09:59

Charles, is about 6% that's 6% more than AAU. Read Jbravo2 post he puts it better than me and he holds both. I held this for quite a while when under development and made money as the share price then was much higher than now , hovering between 3 and 5p. With gold at current levels this should be nearer that 5p mark not 2.

[bigglesbingham] 03/10/2019 00:01

You may have a point there! I refer you to Chesterfield resources md interview with IGTV . Standard car has 20kg copper Tesla 106kg copper!!! Got to be this company they are going in with.!

[5huu] 02/10/2019 23:40

Yes an excellent interview with Proactive. Kerim comes across very well and looked to have covered most of the concerns raised here over the last 24hrs.

[charles clore] 02/10/2019 23:25

I think he was talking about a 1980s BMW 2.3i :(-o|