Ariana Resources Share Discussion Threads

[c0lin1] 30/7/2020 15:37

yes apart from aau and aaz ( my two biggest holdings ) the rest of my goldies are getting marmalised

edit - altn is flat

edit x 2 - aaz now red

[plasybryn] 30/7/2020 15:35

Generally a sell off day so considering it is nice to be one of the few in the blue

[konil] 30/7/2020 15:25

hi, cyberhub

thanks for the info re. the silver production, i was aware of the pricing, my point is i'm looking to finesse the coming upswing in gold then silver, and with au/ag ratio at silly levels, i'm guessing once ag gets going it will also start closing that ratio to some extent. with aau producing bucket loads of silver it may save me swithing out here to get in elsewhere. that suits me fine because aau are hitting their proverbial 'sweet spot' at just about the correct time with the rising pm prices, so i'd rather not exit.

unlike many on here i'm a newcomer and i missed the lows earlier this year so i've had to pay top dollar to join the party, so the rise today on the good news is very welcome, hope it holds.

re. pm prices - if the yanks fail to drop the au price then maybe the next leg up will follow, they seemed to struggle to do that yesterday and looks same today, though still early in their trading day. just a thought.

[1candc] 30/7/2020 15:19

Once we clear the slicers I expect a strong steady rise in the share price from now on in as this resource upgrade is baked into the equation.

[mattjos] 30/7/2020 15:14

This mornings news coupled with the likelihood of continuing strength in the Gold & Silver prices for the foreseeable future will cause many of the commentators on this company to re-appraise things.
As & when this breaks out past 7p, the long term chart suggests this should then move onwards to more like 14-15p / share

[cyberbub] 30/7/2020 15:07

I can sell a million in one go at 5.4p if that's of any interest...

[bigglesbingham] 30/7/2020 14:37

He will be saying buy some at 5.5 to sell at 6.5p.

[plasybryn] 30/7/2020 14:37

#BulletinBoardHeroes, Thursday 30th July 2020, Zak Mir video overview Allied Minds #ALM Ariana #AAU Bluerock #BRD Bigdish #DISH Empire Metals #EEE Jaywing #JWNG Malvern #MLVN Microsaic Systems #MSYS Equatorial Palm #PAL Rainbow Rare Earths #RBW Sareum #SARhttps://twitter.com/Share_Talk/status/1288816502146240512?s=20https://www.share-talk.com/share-talk-bulletin-board-heroes-thursday-30th-july-2020/

[risa5] 30/7/2020 14:32

All those who top sliced at 4p and 5p can now buyback at 5.5p, NS eat your heart out!

[cowal] 30/7/2020 13:08

Must confess me too biggles, in for about 5 yrs now over 1.5 million under 2p average. Although an experienced investor, your honest articulate comments have convinced me to stay invested, when my head has told me to heavy slice many times. (Only share in my life I have never sold. Thanks

[bigglesbingham] 30/7/2020 12:34

That's a really nice compliment cheers. Guinness will suffice ha ha

[c0lin1] 30/7/2020 12:22

do you have a link? TIA

[d1g3y] 30/7/2020 12:13

Video uploaded already for those that missed out / want to view again

[lottsgold] 30/7/2020 11:47

Think I am in around the same time. I owe you a few glasses of bubbly, Im not sure I would have chucked the kitchen sink at it without your level headed commentary. 2.3mil at average of under 2p. That's already quite life changing for me and the family. Thank you!

[bigglesbingham] 30/7/2020 11:41

Why I started investing here six years ago.

[d1g3y] 30/7/2020 11:19

I thought I had a handle on the potential here but following the presentation I was massively underestimating. Very happy with my overweight position here

[pauliewonder] 30/7/2020 11:11

Q. Slide for Salinbas shows 50k pa for Salinbas. Seems low now?
A. 50k pa based on 2015 scoping study. That work needs to be revised entirely. Gold price now completely different as was run at 1250 per ounce. Running at 1750/1800, would dramatically change the economics of the project.

[pauliewonder] 30/7/2020 11:06

Q. How does fluctuations impact finances good or bad?
A. Earnings dollar based earnings as selling gold. Sell gold through Istanbul refinery and ends up with Turkish Central Bank. TCB has option to acquire all gold produced in country. All gold sold since 2018 to TCB. Sold at $ spot price, but declining cost due to Turkish Lira reducing.

[lottsgold] 30/7/2020 11:04

Sorry this should read additional 1.4-2.7 mins typed in the excitement.

[charles clore] 30/7/2020 11:04

The word that springs to mind after hearing today's news and Kerim's comments about Salinbas is Monster!

[pauliewonder] 30/7/2020 11:04

Q. MOU to be concluded by end Feb. Since then the terms should be adjusted
A. Cant change a deal that has been agreed from deal making terms you don't change half way through. Focus is on a solid partner to extract value from Salinbas.

[pauliewonder] 30/7/2020 11:02

Dividend policy - certain work required for dividend to be paid. Work underway this year but was put on hold due to Coronavirus. Work on enabling divi to be paid is being restarted.

In terms of a divi policy. No policy at the moment but will have a policy going forward on completion of the deal.

Will be looking at a longer term divi policy but need to do lots of work on exploration etc. and expected profits generated over next 5-10 years.

[actonovator] 30/7/2020 10:59

Yes thanks Plas much appreciated. Kinda feel Cyprus rns next.

[soulsauce] 30/7/2020 10:55

Thanks Plasybryn for taking the time to pass all that on.