Ariana Resources Share Discussion Threads

[renniks2016] 24/7/2020 12:36

That's retail for you.

[auphilman] 24/7/2020 12:27

We seem to suffer that good news is sold into..

[charles clore] 24/7/2020 12:09

That's been the problem up to now. That's about to change

[renniks2016] 24/7/2020 12:06

Make that 4.38 as well.

[renniks2016] 24/7/2020 12:04

Imho we will see a massive correction and sell off in the markets in a matter of weeks, if not days, this will coincide with release of news flow here, the combination of cash looking for safe haven, and realisation from news flow that this is a £100m cap, divi paying company and not £45m, will see us sail past that benchmark very quickly. Hence still accumulating @ 4.30, 4.35 & 4.37 today.?

[thanksamillion] 24/7/2020 11:43

Charles your post seems self defeating, complaining that KS has done nothing to attract new investors but then go on to say the new partner he has hopefully brought in will transform the share price.

[konil] 24/7/2020 11:43

de villiers?

[thanksamillion] 24/7/2020 11:39

One aspect of the current gold price rise to be aware of is that the Dollar is falling at the same time, blunting the rise in many currencies, the pound included.

[charles clore] 24/7/2020 11:38

I totally understand where people like you are coming from and have often expressed my disbelief in the market's inability to recognise this company that always outperforms operationally but yet never seems to reflect this performance in the share price. We know the share price should be 10p+ by now if you judge what is happening to peers, even those loaded with debt and dilution have multi bagged. Our ceo is good at finding the gold but pretty much useless at promoting the company and attracting new investors. That's why the volume is always low and while that remaims the case the share price will never multibag. So what Kerim and the company needs is a rocket up the bottom or something that will make the market sit up and take notice of what the company has here. Imho that is soon going to happen. First of all with the realisation that profitability is worth about half the current market cap and secondly the merger with a giant that will drag the company into the limelight. And if that doesn't wake the market up nothing will!

[bigglesbingham] 24/7/2020 11:31

I emailed Michael and he instructs nomad and sorts rns

[konil] 24/7/2020 11:14

bb, that's an impressive number you've got there! not that its going to be an issue for me, but just for my education, how do you go about reporting over the 3% threshold and to whom?

[thanksamillion] 24/7/2020 11:00

Saw last night Dec gold at $1925.

[lottsgold] 24/7/2020 10:58

Might not get my next chunk in before the rise if the seller has finished...happy either way if we start moving up!

[thanksamillion] 24/7/2020 10:50

Time to put your chips on the table folk, the share price will not be close to this level end August.

[lottsgold] 24/7/2020 09:35

Maybe they bought on the dip and have doubled their money? Trouble is there's a lot of quick money being made and AAU is anything but quick at the moment. We will have our day...i'm happy to keep topping up at this level. Crazy with the near nailed on dividend and probable re rate very soon. Good luck to the sellers, I feel like they will be back soon enough.

[master esox] 24/7/2020 09:32

Cant for the life of me understand why someone would want to sell 476k @4.2p at this moment in time, am I missing something?

[bigglesbingham] 24/7/2020 09:19

It's all part and parcel of a sound steady increase in a shareprice primarily made up of personal investors. Many have been on here for a long time and have wanted to take profits at the 4p mark. Institutions can have a longer timeline as they don't have home improvements tax bills etc. At some point though the fundamentals shine though as I've always advocated. I'm not one who has cashed as you will see shortly in the accounts in fact I've increased my holding to 34.45m shares or 3.25% because the story here is as strong as it's ever been in my opinion .

[pauliewonder] 24/7/2020 09:12

Yes many firms have multi bagged on the gold price increasing alone. AAU stubbornly remains low 4s yet they are producing where many of the others aren't. Ozaltin money coming in imminently, high gold and silver margins, huge cash flow, largely debt free, lots of exploration opportunities. There is a lot to be happy about and at some point the price has to shift.

[1candc] 24/7/2020 08:50

To put the current share price into perspective it touched 4.25p for the first time in mid May since then it has oscilatted around the 4's and currently sits at 4.25p this is despite the Gold price increasing from $1700 then to $1895 today and the Silver price increasing from $17 then to $22.75 today. We have also had the joint venture confirmed with its promise of a dividend plus a shed load of money coming into AAU.
You would have thought that an 11% increase in Gold and a 30% increase in Silver plus all the other good news would have pushed the share price higher but here we are, in respect of the share price currently all that extra profitability and news has not moved the share price an iota. We all know it should be way beyond 4.25 at this stage so I am hoping for some breakout moment to truly move things higher to where the share price should be.
Just ticked up to 4.3p, must have read my post!

[renniks2016] 23/7/2020 21:50

Likely a sell, as I tried to buy large amount (1m) and was quoted 4.75 so ended up with multiple buys between 4.25-4.275 at 4.2 healthy price with little impact on share price other than holding it back.

[lottsgold] 23/7/2020 21:46

Got to say i'm looking forward to the supply drying up. Price has consolidated so well here we've bought a lot of new money in ready for the next leg. Looking forward to us all enjoying the ride over next 2-3 months for the prosecco and beyond for that Champagne;)

[charles clore] 23/7/2020 21:40

Lott's - there's only so many 1.5m sells possible when there's only just over a billion shares in issue. I would love to know where the sells are all coming from. Seems there could be a big deficit situation approaching.

[bigglesbingham] 23/7/2020 21:32

Well I'm not culprit

[lottsgold] 23/7/2020 19:24

Someone is being very coy with these big trades...intriguing...hopefully buys but would have thought the price would be heading north?