Ariana Resources Share Discussion Threads

[lottsgold] 12/6/2020 09:37

Thanks for posting that Tidy. Sounds like expansion of resource and capacity is on the cards a Kiziltepe now. Production growth there as well as the new mine at Tavsan. Salinbas work started again as well. Lots of news incoming and all very positive.

[mcmather] 12/6/2020 09:29

The tweet is interesting; the rns 14 Sept 2016 started with "Completion of 843 meters of Reverse Circulation ("RC") drilling at the NW end of Arzu South, targeting the extension of the vein system beneath cover towards the Arzu Central target area";

This followed the rns 15 June 2016 which included "In addition to the Exploration Target we have already developed at Arzu Central, which will be tested in the upcoming drilling programme, we are excited by the discovery of a new vein system near the boundary of the waste-rock dump site (Figure 1)";

Need to check everything again but the gap between AS & AN is big enough (Arzu Central - beneath cover - and possibly Emel to the west) and if this all then connects to the zone at the waste-rock dump site, that could be a tad interesting.

[tidy 2] 12/6/2020 08:58

New interview. hTTps://twitter.com/andy47640/status/1271350826875977728?s=21

[1candc] 12/6/2020 08:46

Tanked? I don't think so, someone out there wanted 2 million shares, that is good to see

[renniks2016] 12/6/2020 08:45

Where else would you any one rather be than here right now? Producer, explorer, great asset base, little to no debt, self funding drilling ongoing, resource estimates increasing regularly, second mine planned, possible JV which would accelerate third, and release equity to increase value through acquisitions and development of offer asset bases (Cyprus)Gold only going one way, markets in turmoil, I'm all in since last week and quite honestly best move I've made in long time. GLA ps. the 2 30k @ 4.09 are buys not sells ;)

[nov31] 12/6/2020 08:40

i see there was a 2 million share transaction yesterday at 4.02. Presumably that must have been the worked buy over a few days as if it had been a sell i think the share price would have tanked. Views?

[1candc] 12/6/2020 08:33

A pity the annual results are a little later than usual,probably down to Covid 19, as we need that extra momentum to power the share price beyond the tiresome 4p road block that so many see as an exit point.

[tidy 2] 12/6/2020 08:14

Ithe cup and handle is usually quite a reliable continuation pattern so let us see.

[soulsauce] 12/6/2020 08:10

Interesting they have highlighted 'right up against the fencline'. Checking for extensions may be?

[shortarm] 12/6/2020 08:04

Two sets of Arzu south drilling results in 2016 - both excellent!

[soulsauce] 12/6/2020 07:41

Hi renniks you beat me to it, nice picture tweeted by the company.

[renniks2016] 12/6/2020 07:36

I see we are currently drilling right up against the fenceline at the NW end of Arzu South, does anyone know if this is part of the infill drilling program or further depth drilling associated with the below pit resource estimates and feasibility of below ground mine?

[c0lin1] 12/6/2020 07:17

letmepass12 Jun '20 - 02:27 - 22298 of 22300
0 0 0
Yeah it's in TURKEY. Country run by a lovely considerate and friendly man.

My sister in law is Turkish and she says hes very popular with the ordinary man. Maybe dont believe all the MSM tell you

[plasybryn] 12/6/2020 06:32

Wow that is an impressive chart. But even at 7p our Mkt Cap would be c. £75m, so hardly unreasonable. I wonder how likely that scenario is to play out in such short order? Thanks for sharing tidy 2.

[plasybryn] 12/6/2020 05:44

A country that is a favourite with British holiday makers, a country made up of some of the most hospitable folk in Europe, a country of hard workers etc. But more importantly and ignoring Western MSM, Turkey according to analysts is going to be an ever increasing power house in the world growing in wealth and strategic importance. It has great intrinsic wealth, is superbly located on trading routes and is important militarily. Contrary to western propaganda it has a much stronger balance sheet than many European countries with lower debt too GDP than most and of course growing gold reserves. It is well disposed to mining and regarded internationally as a. fairly safe place to operate.

[letmepass] 12/6/2020 02:27

Yeah it's in TURKEY. Country run by a lovely considerate and friendly man.

[tidy 2] 12/6/2020 01:16

Perfect -hTTps://twitter.com/andy47640/status/1271234004717625346?s=21https://twitter.com/andy47640/status/1271234004717625346?s=21

[lottsgold] 11/6/2020 17:08

Ah sorry ADVFN symbols don't make it easy do they!

[plasybryn] 11/6/2020 16:12

In the last Panmure Gordon Note, Tavsan was valued at $33,197,582. With 50% ownership to Ariana, that is $16,598,791 (£13,133,036) or value/sh($) of $1.21 (£0.96p).
If we assume the producing margin will be $1700 (gold) - $600(AISC) = $1100 (£850) per oz.

That means on production of 15,000 ozs p.a. nearly £13m EBITDA p.a. Makes their £13m valuation look a bit soft imo. Any thoughts?

[pauliewonder] 11/6/2020 15:53

Gold going mental. This could be our time...

[thanksamillion] 11/6/2020 15:49

lotts

$30m = £24m

Thanks