Ariana Resources Share Discussion Threads

[kaos3] 26/12/2019 14:33

divi - they will have like 3 mil cash flow.

they have to run the business as usual, they will still probably have to put a mil or two into north east Turkey, they have clear financial obligation in Cyprus and they have to be prudent and always have a mil or two cash on the book - just in case.
that is next year. more or less the same 2021. plus they are hinting at Australia and Macedonia "studies".

I do not expect divi next year for sure, after that if PMs keep motoring there can be tiny but not meaningful divi. It also depends how capital intensive they plan to participate in Cyprus. Their present modus operandi with local partners suits me fine as they fast track projects to free cash flow without heavy capital commitments leaving cash for divi

Thank you for clearing the "buy".

[kaos3] 26/12/2019 14:26

plasy - I was temped by mercator moons ago but did not buy. hence I started to read

"Mercator Gold (now ECR Minerals plc), Oxus Gold plc and Navan Mining plc."

[thanksamillion] 26/12/2019 14:15

Errr...what?

Dividends next year if the deal goes through, and MDV's "buy" was actually a transfer of existing holding into SIPP.

[plasybryn] 26/12/2019 14:09

Can you list any of the failed projects/Co’s?

[kaos3] 26/12/2019 13:54

AAU I am reading up on it. It is really good. What I like is being humble by facing reality and taking on local partners. Who provide financing, construction and machinery, greasing the local scene (nationalistic specially under current government). AAU is providing seed capital and knowledge and growing it without any further demands to its shareholders. Providing very high leverage on the shareholders invested capital and at high speed that is.

I was first put off by MDVs participation in many failed (but Eurasia) projects, but over the years I learned that many managers that were in good projects failed running the show at the top. So reverse could be true as well.

Turkey is going to be fast forwarded. South is done (going down and feeding satelites ready), north east is just processing on autopilot (3 years until production I guess). Cyprus is the next full scale focus.

And taking in consideration management limits that is enough. Although Macedonia is mentioned several times by the "search the golden egg" wizz kid from London.

Latest MDV buy is encouraging. For him there was prob window of opportunity to buy when not in closed period. So he did buy.

TA is also perfect. a bowl

Only divi is years away. but who cares. AG AU CU are all in the uptrend.

[thanksamillion] 26/12/2019 13:45

Gold looking for next upward target now its through 1500?

[theduke420] 25/12/2019 19:24

Merry Christmas all 2020 is gonna be a good one for us

[plasybryn] 25/12/2019 12:30

And from me.

[soulsauce] 25/12/2019 11:26

Ditto dixi. Best Wishes all.

[bigglesbingham] 25/12/2019 11:03

Merry Xmas everyone head hurts today !!

[crossfirecssf] 25/12/2019 10:54

Happy Xmas all long-suffering holders. Xx

[dixi] 25/12/2019 09:20

Happy Christmas to all who sail in the good ship Ariana, hopefully the floundering will not persist in the New Year :-)

[gaddy88] 25/12/2019 03:08

Merry Crimbo all

[swallowsflysouth] 24/12/2019 19:17

Biggles, happy birthday. Happy xmas and a golden New Year for all

[dixi] 24/12/2019 08:32

Never bought into that theory, it just makes no sense. If market makers need to communicate I am sure they would do so by more conventional means. Apart from which AAU is important to us, but the market makers probably couldn't care less.

[bigglesbingham] 24/12/2019 08:29

But what message

[plasybryn] 24/12/2019 08:23

Single share sold - MM message/signal?

[soulsauce] 24/12/2019 08:17

Happy birthday bigglesbingham.

[bigglesbingham] 24/12/2019 08:12

To be expected but this is going a lot higher so odd profit taking doesn't worry me.

[dixi] 24/12/2019 08:11

CC - sold into unfortunately. Biggles - Happy Birthday :-)

[bigglesbingham] 24/12/2019 08:09

I won't be retiring for years enjoy work too much

[charles clore] 24/12/2019 08:06

Congratulations biggles you timed it to perfection!

[bigglesbingham] 24/12/2019 08:04

My birthday today and I can officially retire. Wonder if AAU helps that decision ha ha .

[charles clore] 24/12/2019 08:01

Looks like the share price is finally going to take off now. Its a pity xmas has to get in the way.