Ariana Resources Share Discussion Threads

[thanksamillion] 25/11/2019 13:38

After taking in all todays action now is a good time for all LTH's to gave a rousing cheer for our BoD and staff.

[dixi] 25/11/2019 13:36

I feel dizzy!!

[soulsauce] 25/11/2019 13:35

apfindley the people here are 90% long term holders and know all the assets.

[soulsauce] 25/11/2019 13:33

Some good commentary to follow should help break through any confusion.

The £55.5m I posted is just on current valuations and doesn't take in to account what the jv partner will be on the hook for at salinbas and the calibre of this partner.

Having Proccea agree to it I assume the new partner are well rated.

[apfindley] 25/11/2019 13:30

Dont understand the downticks. I'm on about a calculation for everything they have. Everything they have is certainly not in the rns. Do you understand this companys assets or just the rns you've read today.

[thanksamillion] 25/11/2019 13:30

I see it settling just below 3p - for now.

[kirbs4] 25/11/2019 13:29

Anyone brave enough to trade this? :)Similar movements to EUA recently, immediate boom, fairly chunky dip before rising to a fair value over the course of a week or so.

[the deacon] 25/11/2019 13:27

It's all in the RNS

[mad foetus] 25/11/2019 13:27

Second wave about to start?

[soulsauce] 25/11/2019 13:22

See above apfindley it leaves Aau well undervalued.

[nov31] 25/11/2019 13:21

Catsick, Well done. I have 2.15%. GLA long term holders

[apfindley] 25/11/2019 13:19

Looks like good news, but need to see where all this leaves aau with their percentage share of all their projects.

[catsick] 25/11/2019 13:17

I bet biggles is messing in his pants with 3pct of the co ! I only have 1.5pct so just mildly excited!

[nov31] 25/11/2019 13:16

Patience rewarded! Phew!

[soulsauce] 25/11/2019 13:16

To all long termers your day has come. Well done all. Drinks on bigglesbingham and Nov31.

Well done to all my friends here.

[soulsauce] 25/11/2019 13:14

By my calculations:-

23% of Zenit ££9.75m based on previous valuation sp
83% of Salinbas based on £3.66m for 17% is £22.8m
And £23m cash.

Grand total £55.5m or 4.9p per share.

[mcmather] 25/11/2019 13:13

Wouldn't disagree with that catsick.

[charles clore] 25/11/2019 13:12

The price is going mental now and I still haven't seen any of my buys yet!

[catsick] 25/11/2019 13:11

Actually closer to 8p if you consider there are other non jv assets and 80m usd just for the valuation of the red rabbit and salinbas owned by aau

[mad foetus] 25/11/2019 13:10

Looks good, I'm onboard

[mcmather] 25/11/2019 13:09

End of day predictions - think 4p is entirely possible but will reign it in slightly and go with 3.6p.

[run12] 25/11/2019 13:09

I've just starting doing some numbers.
If they paid back £5 million in a dividend that would be around 0.5p/share

[catsick] 25/11/2019 13:08

Looks to me like 5p at least is the fair price of aau shares from this transaction

[shortarm] 25/11/2019 13:07

Why would anyone let any shares go after that news!!!???