Ariana Resources Share Discussion Threads

[shortarm] 30/7/2020 07:42

They used the due diligence drilling to smack up the resource by 50% for free!!!!!! G E N I U S!!

[pauliewonder] 30/7/2020 07:31

This has to be the most undervalued gold miner on AIM. What an amazing RNS to put out. Salinbas is clearly a juggernaut and its now understandable why KS referred to Ozaltin as seeing Salinbas as the main prize.

Not sure that this is a 100m company anymore, it has the potential to be far greater than that in my view, but as PIs, we wont have the chance to be part of the full journey because this will be taken out in the next couple of years by Ozaltin for between 20-40p, which would give a MC of between 200-425m. I mean 10m oz of gold in the coming climate, thats staggering, not including the copper or silver.

Just think of the free cashflow that would generate once in production.

[soulsauce] 30/7/2020 07:30

Excellent news and great call Charles. We all know that when exploration is started in earnest on Salinbas that these figures are just the start.
Should be a good day.

[lottsgold] 30/7/2020 07:29

Just a cool 900,000,000 dollars worth extra in the ground at 1800 dollars with plenty more to come.

[kaos3] 30/7/2020 07:19

and we are selling it atm for XXX to our major partner.


sorry could not resist

otherwise performing perfect operational job. but notice

"The Resource Estimation work presented here is authored by Mr. Zack van Coller"

and not Dr. Kerim!

he is buisy else where probably. and I was saying it few months ago - follow him. who did - is doing well ;)

[shortarm] 30/7/2020 07:15

Any BB loved gold share would rocket on this, be interesting to see what happens.... Slow and steady as a rock is fine by me.

[mcmather] 30/7/2020 07:14

Great line "....We are well-positioned right at the heart of a major copper-gold province....."

[shortarm] 30/7/2020 07:13

What an astounding little company we have - soon to be one of the major producers in Turkey...What an outstanding astounding BIG company :-D

[lottsgold] 30/7/2020 07:13

Ha spot on Charles! Full steam ahead at Salinbas EIA in the works already and drilling, so much news to come!

[shortarm] 30/7/2020 07:12

Hahahahahahahahahaha :-D

[auphilman] 30/7/2020 07:10

Charles did you talk with KS?

Global resource for the Salinbas Project increased to 1.5Moz (up from c.1Moz as previously reported), split between the high-grade Salinbas Deposit and the low-grade, high-tonnage Ardala Porphyry Complex:

spooky but very well predicted

[oilbuy] 30/7/2020 07:08

Potential for 100M cap becomes more realistic

[charles clore] 29/7/2020 23:53

Plas - I wouldn't be surprised to see a revised 1.5m Oz resource from Salinas initially with possibly 10m or more in years to come

[pauliewonder] 29/7/2020 22:20

Gold at 1780 and silver at 24.5. Straight to the bottom line.I liked the comment today in the second interview re: being a silver play who also mines gold as they produce ten times the silver as they do gold. KS suggested that at the current silver price it will have a big impact on the bottom line versus where it previously was. Happy to continue to increase my stake here. Seem very low risk and a very solid return.

[soulsauce] 29/7/2020 19:33

Thanks rumpus, getting like AAU 2.0 over there 😉

[rumpus1] 29/7/2020 19:21

On another note, many thanks to all who recommended Panther Metals the other day as nicely up today. Interestingly, NS also recommends Panther today because of the Kerim connection. Coincidence or is he as avid a reader of this board as I/we am? He has promised more research to come on PALM.

[rumpus1] 29/7/2020 19:18

Usual stuff but summary is - As for share price targets, I said I was going to offload the extra shares I picked up at 5p. You are, of course, welcome to follow me but my sale is primarily because I am so overweight with this stock. With the shares nicely over my limit buy price of 4.5p the stance is strong hold. As for a sell-price, I cannot come up with a number less than 5.6p assuming the new partner joins the fray even discounting everything heavily. So surely 6p is on the cards, but a more sensible valuation will surely now be hanging around the 7.5p mark. And with the gold price strong, there is every chance of 10p in the coming months as the gold bull-market gathers further steam.


So 6p next call, then 7.5p – and it will be even more ouzo if we see 10p, perhaps even within 12 months.

[rumpus1] 29/7/2020 19:18

Hi all, someone was asking about the NS article the other day - apologies but I've been busy with Ariana's youngest shareholder.

[cyberbub] 29/7/2020 17:37

Konil remember that 10x more silver refers to ounces... However silver only sells for 1% per Oz compared to gold... So 10x will mean 10% of the value... Not trivial by any means, but far from a game-changer. Having said that, it will all hit the 'bottom line', plus if silver hits $50+ then it does start to become much more significant.

[lottsgold] 29/7/2020 17:36

Some nice trades showing at the end of the day again, hopefully we have a buyer 1m isn't small change anymore here!

[risa5] 29/7/2020 16:54

2 interviews today and webinar tomorrow, who said our ceo is useless at promoting the company. He is doing an excellent job.

[plasybryn] 29/7/2020 16:32

Are you all hooked up to the Investor Meet Company webinar starting 10 o'clock tomorrow.
You can submit questions in advance or during the session.

Investor Meet Company is a digital platform, that provides individual investors direct access to UK Listed companies for live, interactive management presentations.

[bigglesbingham] 29/7/2020 16:31

All good here

[plasybryn] 29/7/2020 15:15

I agree soul sauce, that was a brilliant interview. He doesn't know where to start next. We're going from a one trick pony to goodness knows how many. Value blossoming everywhere. Just need to try and contain the excitement.