Ariana Resources Share Discussion Threads

[pedr01] 07/7/2020 13:31

"We've 4-bagged in 2-years. Okay, it's not 200-bagged (GGP...AAagghhh!), but it's not bad."

While that is true, depending on how long peeps have been holding it could also be seen as very selective interpretation of the chart ... LOL

[kirbs4] 07/7/2020 13:19

Ive moved bits and bobs to other shares that i see as having more potential in the immediate future, i remain invested here though and have only reduced my holding by around 20%. Im hoping to make some money in the next couple of months with that and come back at similar levels here which feels a distinct possibility given even the announcement last week couldn't move it. If it rockets, i still retain 80% of my previous holding :)

[charles clore] 07/7/2020 13:09

Cssf - are you really saying the share price performance is disappointing by comparison to AAU peers and it's time to recognise this and move some funds into more profitable ventures? I have to admit to being a bit disappointed myself but I am not anywhere near ready to move out of this yet.

[thanksamillion] 07/7/2020 09:41

BB

That 796k looks like a sell so buys/sells in balance, unless its a delayed trade in which case who knows.

[mad foetus] 07/7/2020 09:33

That works now, thanks!

[rookwood52] 07/7/2020 09:29

Ty Donald, amended the settings to public now, try that? I am a tech dino obv

[donald pond] 07/7/2020 09:14

rook, you've limited who can see your twitter account

[bigglesbingham] 07/7/2020 09:12

All these buys and no tick ups

[bigglesbingham] 06/7/2020 17:59

It's a new auditor so starting from scratch

[plasybryn] 06/7/2020 17:48

Thanks but can't open them from this link. I searched on twitter for @rockwood52, but it said your account was suspended!

[rookwood52] 06/7/2020 17:39

plas i have just posted 2 x AAU charts on twitter, long term and short term.

Have not yet worked out to post them on ADVFN, mebbe have to upgrade?

[temujiin] 06/7/2020 16:37

If you do want to take a positive slant on the continued JV delay, it does mean that AAU are still at present, benefiting from 50% of the gold they dig out and sell, rather than 23.5% which will be the case if the JV is approved.

[soulsauce] 06/7/2020 16:35

Can't help Covid mad foetus, many have done the same.

[mad foetus] 06/7/2020 16:30

I think many investors may be put off by the lack of recent results. That is poor.

[jaf1948] 06/7/2020 16:12

I think it is many sellers. I am a LTH and yet I doubled my holding when the news of the MoU came out, especially due to the thought of a special dividend. I am sure I was not the only one which is why the share price went up from the low 2s to over 4.

With the delays and now the statement last week that it will be almost another 2 months before a firm agreement, there is little chance of another imminent rise or imminent dividend hence many of the new investors have sold or are selling.

[actonovator] 06/7/2020 15:53

well one thing for sure there is a relentless seller behind the scenes - 3.86 to buy!

[plasybryn] 06/7/2020 15:42

Our price often tends to track the overall movement in the gold price. I don't think it will be long before we hit $1800 per oz gold. With our results and preliminaries due soon, investors will have proof that our P/E is low. Coupled to an increasing gold price surely the pressure over the next month is to travel north.

[plasybryn] 06/7/2020 15:30

Is there any chance of you sharing a chart for AAU with us rock wood? I like the sound of your prediction and your interesting view on the overall strength. Cheers

[pharmoutcomeszzz] 06/7/2020 15:15

As a holder of 7 years, I put myself in the long term holder category. I sold 20% of my holding last Thursday, just because I had the jitters of ‘too many eggs in one basket’. That 20% I will reinvest into AAU over the next month now that I know the JV is confirmed with only minor changes. I guess it comes down to what is short term / long term. 2 months is micro term and, on the balance of probability, I will be very happy to wait until the end of the year for 6-7p. The divi doesn’t interest me much apart from the fact it could bring in some major fund holders. I am more keen that the money we make from the deal is put into Kerim’s hands and back him to implement ASAP the plans he probably has already in place for driving the share price upwards.

[kirbs4] 06/7/2020 14:28

Just to clear up any misunderstanding, i have simply been trying to consider all other stances. My intention wasnt to create a negative impression of Kerim who i trust. I just see the potential for many new'ish holders from the last few months seeing the immediate upside the invested for being a slower burner now that MOU not finalised, potentially record results delayed and special divi potentially next year now, thats all, and it is likely many will therefore see better opportunities elsewhere in the immediate future (1m/2m). Not everyone will have the same long term faith/vision that i have had/still have.

[rookwood52] 06/7/2020 14:12

appreciate all the views and constructive inputs here, me donna understand fundementals at all however,

my 2pennyworth - AAU hit heavy resistance at 4 around mid May. Normally I would expect a volatile share would have taken a much bigger hit than AAU has, and not hang about in the resistance zone, as it has. It also spiked through it on July 1st.

This shows to me momentum and strength, so I am dipping my toe in here. Worst case retrace is to 3.5, for further addition. Clear sailing then to 10 IMO