Ariana Resources Share Discussion Threads

[mabel 123] 06/12/2019 10:06

Thanks Charles, and a very good morning to you.

Any thoughts on the above?

My faith in physical gold and silver is greater than my faith in banks but I find

the cashless society more than a little disconcerting.

mabel

[charles clore] 06/12/2019 09:59

Morning Mabel it's good to see you here.

[mabel 123] 06/12/2019 09:54

Joseph P Farrell. 20 mins

Very interesting. His 'high octane' speculation:

Negative interest rates increasingly being introduced in Europe is a drive toward

the cashless society and crypto currency, where the cash that is kept under the

mattress instead of in banks will become increasingly more difficult to be used.

Some of us here on this thread are in other gold miners as well as AAU, so what

does anyone see are the implications for gold and silver in this cashless society?

mabel

[thanksamillion] 06/12/2019 09:38

Lets get this board back to the old normal.

Drilling results before Christmas?

[shortarm] 06/12/2019 09:25

Just so you remember- Kerim's last investment returned 100 fold.I'm inclined to back him at this stage!

[8rad] 06/12/2019 09:17

Hence the term limbo. Reassuring to here you could vote against....hope that this needs not to happen and so says All of us!

[bigglesbingham] 06/12/2019 09:11

My point is you've been given the facts as stands today. Once the details have been thrashed out we will be given them and as shareholders we will vote one way or the other. If the vote goes against what we believe then we walk. If I don't agree with the deal I'll discuss with the board as to the reasons why and if things didn't change I'd vote against. I the moment I fully understand why they have announced the mou, I understand why details haven't been given and I along with all other shareholders wait for details. To say many on this board don't understand why details haven't been given is doing this board a disservice in my opinion.

[8rad] 06/12/2019 08:40

BB your unwavering faith is commendable but I prefer hard facts thank you.

[bigglesbingham] 06/12/2019 08:38

Read post 18441 which incidentally got ticked up 12 times which implies many on this board understand the rationale as to why it was announced. Cheers

[bigglesbingham] 06/12/2019 08:36

Suggest you read last couple of days bulletin boards for explanations . Cheers

[8rad] 06/12/2019 08:32

Well to announce an MOU without detailed explanation and to occur at precisely the same time that our flagship project becomes a debtfree cashcow smacks to me as rather highhanded and insensitive if not backed up by proper justification. We are therefore left in limbo again with more questions than answers.

[bigglesbingham] 05/12/2019 22:37

Until the deal is finalised how can they be expected to describe specifics as to how the principles on which the potential deal is based will accelerate projects?? I think long term holders realise this so I personally think your analysis of long term holders is wrong. Long term holders understand what their objectives of the BOD are and they are finalising terms on which to achieve those objectives we will find out in due course. They have highlighted objectives to market and either side can pull out if either side thinks their objectives will not be met, quite simple really.

[mcmather] 05/12/2019 19:27

That line is it for me D1G3Y re 18440:

"...the MoU looks good as it potentially brings forward the potential of the AAU portfolio by many years at the cost of a portion of the assets".

[8rad] 05/12/2019 18:35

It is becoming increasingly obvious here that long term holders are urgently needing assurance that lose of income stream can be compensated by long term expansion. How long does Kerim and the BOD expect such loyalty to stretch or do they prefer otherwise.

[rathean] 05/12/2019 14:43

Yep, that 100k was me topping up, showing as a sell.

[dearg doom] 05/12/2019 10:19

Ignore the Bid/Offer spread of 2.20p/2.40p. The real live Bid/Offer price is 2.22p/2.27p.

All those trades at 2.27p are actual buys. Market makers play mind games with spreads to lure investors in either direction.

Many short-term speculators sell on the news. For now, there is little news left to speculate. For them, 3 months is an eternity. They would feel confident of buying back the shares, pretty much close to where it is now in early 2020.

[soulsauce] 05/12/2019 09:31

dearg can't argue with that.

Why the dress rehearsal? Well I am sure if they had not said anything the rumour mill would have started and may be affected the share price
In this day and age of the internet nothing can be kept under wraps for long. You only need to look at how UJO and RBD suffered in their respective raisings to see the damage that can be inflicted by news being leaked out.

Somehow muppets like BMD and shareprophets get hold of this info with their city contacts and much damage can be done.
So they have said the bare minimum to not spook the 3rd party and satisfy the market. More to come I should think.

[charles clore] 05/12/2019 09:21

Dg - I take it your trade isnt showing yet as they all seem to be sells so far this morning.

[dearg doom] 05/12/2019 09:12

I've been and examined the dark side. The only negatives left are the share price muted reaction, Kerim's professional but detached demeanour in not realising a quarter fraction is less than a half and that a half something is less than a whole. Never an easy sell! The company might have considered saying nothing until a deal could be laid out fully. Why the dress rehearsal?

Impressed with bigglesbingham and others' comments and the logical thought process. Useful Bulletin Board. Thank you.

The probability, I agree by a decent margin, rests on a deal being done on good business terms, of net benefit to all parties, helps speed dial the future development of Salinbas which otherwise would take a lot longer in years or maybe never. Ariana needed the necessary local clout, expertise and capital. Positive, that management not afraid to admit it.

On that basis, I've made an add-on purchase. Time now to hibernate. I'll wake up late February 2020.

[charles clore] 05/12/2019 08:20

Ironstorm - we also have to bear in mind that Proccea has done the same as Ariana so they are both in agreement as to the beneficial outcome.

[ironstorm] 05/12/2019 08:07

CC as always hits the nail on the head.

I would make a v small amendment - much faster, much bigger. 🥳

[charles clore] 05/12/2019 08:01

Biggles - I suspect Kerim would not have given away such a chunk of the company he has worked hard for just to make it a bit bigger faster. It is going to be much bigger much faster than anyone imagines imho.

[soulsauce] 04/12/2019 22:30

Cheers bigglesbingham.

[bigglesbingham] 04/12/2019 22:20

Michael rang me after meeting to ok the rns regarding my shareholding. I too suggested the interview was very high level and not much detail (I've never found proactive investors too in depth tbh). He explained they were thrashing out the detail and they made the decision to declare the MOU at this point with broad outline while working on detail rather than someone leaking and it having an adverse effect on the shareprice. So bottom line is the detail is being worked on while the principle and overall thinking of the company regarding the deal is in the public domain. Not everyone is going to be happy 100% of time and your always going to get different theories . Today we got one about an aggressor coming in to force them into a partnership, this isn't an aggressor imho it three companies seeing synergy to develop a much larger enterprise , they've declared it as is their open style now they need to thrash out detail. So they would find it hard to give something which hasn't been decided upon.

[d1g3y] 04/12/2019 21:57

Hi Biggles my comment was relating to dixi question at the end of his post. I'm firmly in the camp that the MoU looks good as it potentially brings forward the potential of the AAU portfolio by many years at the cost of a portion of the assets. Yesterday's interview was good but as always it would be great to get more details.