Ariana Resources Share Discussion Threads

[a.fewbob] 04/7/2020 13:02

Why is this stock soooo cheap???

I bought FF First mining gold just two or three weeks ago after mentioning them here and they are already up 80% on a deal with one of their properties.

They are years away from having an operating mine and have a market cap of 280m Canadian.

I just don’t get it....

[actonovator] 04/7/2020 10:55

Looks like we are still churning in the 4p band - events that might propel us out in the next couple of weeks?

- Announcement of drilling in Cyprus perhaps

- Gold breaking through $1800, which should generate further publicity and impetus

Might the start of the US Q2 earnings season next week be the caatalyst?

[bigglesbingham] 04/7/2020 10:39

I got the impression they are chomping at the bit on Cyprus

[renniks2016] 04/7/2020 08:44

I think you only need to look at where KSs has his other interests to see where he might be spending, Venus is a done deal, I wouldn't rule out an earn in with Panther, takes us into new jurisdictions, one of which he knows very well! but WTFDIK what I do know is, where ever it is, it will be exciting and adding to the growth of Ariana and not the JV! ++++

[bigglesbingham] 03/7/2020 23:14

Been my assumption hence adding

[bigglesbingham] 03/7/2020 22:45

He was very bullish about Cyprus

[risa5] 03/7/2020 22:43

Thanksamillion, What we don't fully yet know is how KS is going to spend that $25m.

I'm sure he can do big things with it and he may already know what they are.

And when he has $25m cash, if necessary it will be easy to get loans to equal amounts or more at low interest rates.

So when he says 'we are going to grow the pie', that means he has plans for it, which could be the icing on the cake.

[thanksamillion] 03/7/2020 18:49

I will try again re the P.G. assessment.

The cash from the deal should amount to £25m or 2.8p per share(P.G.).

Accepting Kerims argument that future profits from the joint venture will quickly rise so that Ariana's share is equal to current profits, which on pe of say 12 gives a value of c 3.5p, resulting in a total fair value once the deal is enacted of 6.3p per share. (All ball park finger in the air).

That will do for starters.

[bonehanmer] 03/7/2020 16:12

I also just topped up at 4p

[pedr01] 03/7/2020 14:51

Yahoo/Simplywallstreet "articles" are simply auto generated click bait to direct people to the website ...

[bigglesbingham] 03/7/2020 14:30

Well I for one suggest logic prices this much higher .

[risa5] 03/7/2020 14:26

Biggles, that article may not be accurate but it may be good for AAU promotion.

[bigglesbingham] 03/7/2020 14:18

Well I'm adding anyway £15m valuation on ALL assets once we get £25m cash is absolutely bonkers and once market sees this then who knows!

[bigglesbingham] 03/7/2020 14:16

Non cash earnings what are they referring to I wonder ??

[risa5] 03/7/2020 13:58

This article is about insider transactions but I'm not sure if its accurate, however they have a Fair Value of 5.8p for AAU

Who Has Been Buying Ariana Resources plc (LON:AAU) Shares?

[jaf1948] 03/7/2020 11:42

I think you will find they are all from yesterday - look at the time stamp.

[scorscribler] 03/7/2020 11:42

Probably from yesterday morning.

[c0lin1] 03/7/2020 11:30

trades going through at 4.4 but price 3.9/4.1

[plasybryn] 03/7/2020 11:16

This makes you think what might be coming. Our valuation seems silly.Do we need to list in Australia?@LocantroTony Tony Locantro says #mining stocks best way to play rising #gold priceproactiveinvestors.co.uk/companies/news...@LocantroTony

[master esox] 03/7/2020 11:08

Couldnt resist another 200k

[mad foetus] 03/7/2020 11:05

Added at 4p as well

[pauliewonder] 03/7/2020 10:58

Well held off and delighted to get a bot load in my SIPP at around 4p holding for the long term. May well buy some in my ISA if we drop further

[soulsauce] 03/7/2020 10:40

'a cracking portfolio of assets in Cyprus in exploration and "near term" development'

[1candc] 03/7/2020 10:34

"Investors should be feeling very bullish"

[soulsauce] 03/7/2020 10:22

Thanks toyin, best interview of the 3.