Ariana Resources Share Discussion Threads

[scorscribler] 21/2/2020 08:34

But, Tem, what is lost here will be gained at Salinbas.

[kirbs4] 21/2/2020 08:30

These mms do frustrate me, again this morning the share price rise was massively inflated vs the trading volume and is now retracing. They almost factor in the potential before the trades which no doubt dilutes the buying.

[temujiin] 21/2/2020 08:28

Not sure about zero chance loafofbread. But just doing the maths looking at Kizil alone, hypothetically say $40m gross profit/ year x say 10 years if we include satellites = $400m gross profit. $200m to AAU.

New JV is offering $50m ($25 to AAU) for 53% of Kizil mine AND Tasvan. This does not look like a good deal for AAU.

[bigglesbingham] 21/2/2020 08:25

These results were predictable to me so I'm dam sure they were predictable to all parties in the potential deal. Can't see deal altering one bit personally apart from the desire for the deal to be done becomes stronger. They all knew what was coming.

[loafofbread] 21/2/2020 08:15

I bet the 'other' company wished they had signed a few months back because there is zero chance of them getting the same terms now!

[ironstorm] 21/2/2020 08:08

I highlighted this a while back but The silver performance is quite impressive.

What a day to announce record production and record sales.

Loved the reference to 10 year LoM and the acknowledgement to Tavsan.

Whoop whoop.

[soulsauce] 21/2/2020 08:05

Plasybryn lol the muppetry continues. Must have a lot of time on their hands that's all I can say.

[xow98] 21/2/2020 08:02

No quote available on HL for 250k shares

[gaddy88] 21/2/2020 08:02

Nicely put together RNS to show off some great results.

[temujiin] 21/2/2020 08:02

Great figures! 'Gross income for the year is US$45.1 million'.... and this just from Kizil, with Tasvan to add estimated 30k oz per year on top.

However proposed MOU partner might be paying just $50m for 53% of Kizil, Tasvan and satellite pits.

Unless the Salinbas deal is very, very good for AAU then imo our future and the share price is better served with the status quo.

[plasybryn] 21/2/2020 08:02

soul sauce: I've managed two down ticks this morning. Leaving you behind. Ha ha.
Going for a hat-trick perhaps on this great AAU day!

[kaos3] 21/2/2020 08:01

I felt explosion yesterday so I bid up. And then this RNS.

19712

and increasing cash levels .....

[bigglesbingham] 21/2/2020 07:58

Hopefully some sitting on sidelines will start to take notice. Imagine the next quarterly !!! No cap ex debt , record gold prices record revenue.

[charles clore] 21/2/2020 07:58

Great result well done Kerim and team!

[soulsauce] 21/2/2020 07:35

Gold at $1630 and record results. Luvly jubbly.

[gaffer73] 21/2/2020 07:16

Nice little company this, steadily working away paying off their debt and increasing production. No reason why this shouldn't be 5p.

[kaos3] 21/2/2020 07:15

I do not understand
"at an average realised gold price of US$1,484 per ounce, against an average revenue per gold ounce of US$1,736 due to silver credit"

TA

edit:
(2) Average revenue per gold ounce accounts for both the gold and silver sold during the period and is calculated by dividing the gross income by only the gold ounces sold in the period.

[shortarm] 21/2/2020 07:10

Record breaking quarter :-D

[plasybryn] 21/2/2020 07:07

I think Kerim getting the hang of being more positive in his RNS'a and rightly so. Love the way it reads. Not a step wrong again. Spot on guys.

[mick1909] 21/2/2020 06:16

AAZ went from 6p to where they are now anything can happen

[bigglesbingham] 20/2/2020 22:28

Gets to 5-6p dividend declared the institutions will come sniffing which will hold the share price to further heights even if share prophets punters want to cash in .

[bigglesbingham] 20/2/2020 22:19

Think is the unknown potential and increased speed of development which will excite new punters

[steviec1] 20/2/2020 20:26

All looking nice here ....any chance of the quarterly financials to build the momentum further please Kerim ?

[erro] 20/2/2020 20:11

If the deal does go ahead what do you think PG would rerate the target price at? Say 6p? Based on PGs criteria has anyone done their own recalculations/ assessment, based on new business model cash flows and monies upfront