Ariana Resources Share Discussion Threads

[pharmoutcomeszzz] 22/6/2020 15:51

Pulling ‘other interested parties’ out the bag would be an excellent plan B!

[1candc] 22/6/2020 15:47

I would be surprised if there were only one interested party running the slide rule over Ariana, there is potential for a surprise here

[renniks2016] 22/6/2020 15:46

With the market focus on gold,this week could see attention coming our way from people just wanting to jump in on the inevitable break out, as the bull run takes its next step up and through $1800 we no doubt will be dragged along with the momentum that is present. Even if the proposed partner is struggling with liquidity, they will definitely find away to make it work in the current climate, don't forget the world is awash with cheap money, they can borrow for nothing to invest in something! Subject to approval!

[pharmoutcomeszzz] 22/6/2020 15:32

Icandc: not sure what point You’re making. I’ve not said the company is ‘wholly dependent’ on the JV happening. Perhaps you didn’t go On to read the last bit? Whatever the rights and wrongs, the share price WILL go down, possibly quite sharply, if the JV is not announced next week. I believe it will be a fairly short term dip because of the companies strong position with or without a JV (as said in my previous post). My position is though that my time in life I cannot wait another 10 years for the fruition of Salinbas, which it will take without a big cash injection now. I’ve been very patient fora very long time. A JV will hasten, along with potential dividends a much quicker return on my investment.

[donald pond] 22/6/2020 15:23

If the talks come to nothing the most likely explanation would be covid related liquidity problems on the other party's side. I'm not sure how the market would take it once it gets over the initial reaction: I think a lot of people feel that if the negotiations were to start again now, with gold much stronger, AAU would be in a better place. But lets hope it comes to fruition so we can see the bigger picture

[dixi] 22/6/2020 15:17

I would tend to agree with this, but as ever, with the markets it would be seen as a negative if the talks came to nothing.

[renniks2016] 22/6/2020 15:15

There is and has been hell of a lot of work going on behind the scenes, this is without the JV, with resource updates,re-modeling,revised drill programming, exploration etc. all which will hold us in extremely good stead, whether the deal gets approval or not, to me it doesn't look like they are pinning all their hopes on this happening, and neither should we, either way we are lining up for some great times, ok I appreciated that one route brings things along at a far quicker rate, but it does come at a cost, the other is a steadier growth pattern over a longer time, but we are not in steady times! either way, I for one will be looking forward to seeing the wealth of news flow that is coming.

[1candc] 22/6/2020 15:12

pharmoutcomeszzz - I don't follow that Ariana's prospects are wholly dependent on any partnership, we are highly cash generative already and there are several on this BB who would rather see the company stand alone for some time. Yes, there are benefits to a partnership but if it doesn't happen it is by no means the end of the world or the share price

[nov31] 22/6/2020 15:12

$1,763 and rising

[donald pond] 22/6/2020 14:50

Surely whatever happens, the price of gold is making this a very cash generative business right now.

[pharmoutcomeszzz] 22/6/2020 14:47

Squeaky bum time here right now. Hold the faith. KS knows what an impact another delay / rejection of the JV will do to the share price He’ll have a plan B for a positive alternative lined up I’m sure, which may go some way to giving the share price a softer landing. The companies future is bright, whatever the news over the next week, it’s just that as a holder of shares for 7 years, I have done my ‘LTH’ bit and want the fast track taken to an increased share price

[jaf1948] 22/6/2020 13:59

I've held since 2014 so patience isn't my issue - it's timing.

[1candc] 22/6/2020 13:50

Patience is all that is required, the rest will follow, you learn this when you have held shares here for over 10 years

[jaf1948] 22/6/2020 13:32

actonovator,

In total agreement with you. Ariana had momentum in its favour a few weeks ago but it is giving the perception of drifting at the moment. I know both momentum and perception are difficult to quantify but you know when they are no longer with you.

[crossfirecssf] 22/6/2020 13:11

They're losing control. A matter of time before it makes new all-time highs. Then the fat lady sips her water and honey and begins practising her vocal scales. :o)

[actonovator] 22/6/2020 12:48

Gold price is plumb at 1740-50 resistance - which way will the yanks take it?

[actonovator] 22/6/2020 11:19

I'm sure some will disagree but for me now extension news on the 1st july is the worst option for the share price - I think the share price needs resolution now to advance - yea or nay , either one though preferably yea!

[konil] 22/6/2020 11:05

strong performance with spot into start of new week, but related (etfs and miners) rather lack lustre.

presumably some lag between spot, etfs and miners - with miners last?

still have much to learn in this pm space.

let's hope all that is icing on the cake, with the real action to come with the growth in aau. rather nervous though with no news on the mou, leaving it to the last, maybe another extension?

[renniks2016] 20/6/2020 19:40

How long before we have news from the drilling at the NW end of Arzu South?
I believe they finished final hole last week, also anyone know if Zak and the boys are taking the rig to Salinbas to drill Ardala?

[thanksamillion] 20/6/2020 18:20

Final Results December 2019 even?

[paul280i] 20/6/2020 18:09

Or will we still be waiting till the last day of June?

[plasybryn] 20/6/2020 10:05

What will next week hold for gold & AAU? Deal update? Gold $1800? Ducks lining up perhaps?

[paul280i] 19/6/2020 22:55

Biggles, have a tick up to compensate!

[8rad] 19/6/2020 20:04

Backmarker....great syncronicity.

[bigglesbingham] 19/6/2020 20:01

Tick down ha ha