Ariana Resources Share Discussion Threads

[plasybryn] 14/7/2020 06:40

Great to also have a Technical player on board as well. You obviously think the charts are starting to give a clear buy signal having recently retraced from over bought to over sold. Is that the case?

[plasybryn] 14/7/2020 06:38

Well done Mattjos. Finally seen the light ha ha. I think we have other share interests like AAZ & even Steppe Cement! But a great time to get on board here for all the fireworks. Everyday more new investors are latching onto not only the undervalued situation but the plus of the forthcoming news flow. Are you looking to build a reasonable position here out of interest? Good luck.

[mattjos] 13/7/2020 23:51

variety of things.
It's been on my monitor for several years. I think Gold & Silver have a lot, lot higher to run than we see today.
Certain TA indicators appeal to me.
I tend to invest with a 3-5 year timescale with an intent to scale in higher over that timeline so, as things stand, you may be stuck with me here for quite some time :-)

[bigglesbingham] 13/7/2020 23:30

Can I ask what lead you to invest? Was it a tip or own research etc ?

[soulsauce] 13/7/2020 23:15

Welcome Matt, excuse the pun 😄

[charles clore] 13/7/2020 22:56

Hi and welcome. I think you have timed your entry point to perfection.

[bigglesbingham] 13/7/2020 22:53

Welcome aboard

[mattjos] 13/7/2020 22:34

being polite .. took a starter position here today just under 4p

[bigglesbingham] 13/7/2020 20:45

Hope your right

[charles clore] 13/7/2020 19:43

It has been so long consolidating at this level and not responding to news or pm price rises that i think the next move will be much bigger than 5 and I predict that volume will be significant.Perhaps it started today.

[bigglesbingham] 13/7/2020 19:19

Yes looks that way. But creating a superb solid base with 140m shares traded at sound this level

[lottsgold] 13/7/2020 18:28

I'm hoping it will be the official announcement of the deal done and dividend which after 6 years seems just around the corner, I have to admit I got over excited on the last update. If your in to trade at the moment a couple more months will seem like a life time! Still seems to be a large seller has been constant around 4p as you say. Someone posted the churn around 4p which was very respectable, this is certainly going to be a solid base.

[1candc] 13/7/2020 18:22

BigglesB - ref your post earlier re 4p, as soon as the ask hits 3.9/4.0 there are a legion of sellers who come out of the woodwork, that's why we have been pegged back here for, it seems, a long time. Something exceptional needs to be announced to propel us beyond this pricing point, I firmly believed it would be the JV announcement but we know what happened there. One day...

[crossfirecssf] 13/7/2020 17:23

Marginal breakout (maybe, maybe not) to to next stop at 5p. Looks very much like it to me...but razor thin educated guess. If even educated. :o/

[temujiin] 13/7/2020 15:28

Freedom of speech is precious.

100%, and off topic, its being attacked in society on may fronts, with those having the incorrect views, on politics, Brexit, trans people, all lives matter etc, losing jobs, contracts or being shunned. It needs protecting at all costs.

[plasybryn] 13/7/2020 15:18

We've been talking on & off about the Deal since Nov. & as we don't know the full details as Nov. says, we've got no where. Just like Brexit the 2 sides are intrenched with a few waivers in the middle. But I think most realise there isn't more to be said until the Co provide us with the definitive information which can't be far away. But carry on if you want too as far as I'm concerned. Freedom of speech is precious.

[temujiin] 13/7/2020 15:01

Paul280i, thanks for the information, its what the forum is for. I put my calculations out there so it can be inspected, corrected and updated, and I can adjust for that.

I dont agree we should not be talking about the deal as its pretty important and if we restricted our conversations to factual, as opposed to speculative discussions, this board would be dead and dull with people quoting the share price movements.

If we all accept we dont all agree with what the deal means, and accept we all have a right to voice their views without attempts to shout views down, we'll all get along just fine. As things stand I want to talk about the deal but if everyone agrees not to mention it until the RNS I'll go along with saying nothing.

[bigglesbingham] 13/7/2020 14:57

More like it

[paul280i] 13/7/2020 14:20

Tem, what I was referring to was your figure for developing Tavsan of $20 million. KS had said on at least two occasions that because RR would not have the capacity to process loaded carbon from Tavsan that plant would now cost in the region of $30 million to build.
When I read your posts I wondered how accurate your other figures were. I don't think any of us have enough information as yet to decide on the new JV.
Why not wait until you have all the details then put your argument to this BB, I for one would read that, may not agree with you but I would then have the knowledge to make a decision.

[bigglesbingham] 13/7/2020 13:52

Would have though we'd have broke 4p today with all these buys

[temujiin] 13/7/2020 13:36

True, its worth after extraction is more than in ground ounces.

[thanksamillion] 13/7/2020 13:09

700 seems very high considering prospecting/extraction costs have already been charged for.

[temujiin] 13/7/2020 13:04

I calculate approx $10.75m gross profit for current JV in the stock pile, after aisc of 700 and pog at 1800 and recovery rate of 92%.

[thanksamillion] 13/7/2020 12:54

Ah thanks for the nudge. In my rush I had divided by 10 when it should be 30 so £20m ish.

[temujiin] 13/7/2020 12:38

Hmmm, if my maths are right $60m less processing costs.
===

Think its 2.5 grams a ton, not ounces.