Share Name Share Symbol Market Type Share ISIN Share Description
Ariana Resources Plc LSE:AAU London Ordinary Share GB00B085SD50 ORD 0.1P
  Price Change % Change Share Price Shares Traded Last Trade
  -0.05 -1.06% 4.65 457,448 15:14:49
Bid Price Offer Price High Price Low Price Open Price
4.50 4.80 4.70 4.65 4.70
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 6.98 0.65 7.2 50
Last Trade Time Trade Type Trade Size Trade Price Currency
16:19:21 O 100,000 4.675 GBX

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Ariana Resources Daily Update: Ariana Resources Plc is listed in the Mining sector of the London Stock Exchange with ticker AAU. The last closing price for Ariana Resources was 4.70p.
Ariana Resources Plc has a 4 week average price of 4.65p and a 12 week average price of 4.25p.
The 1 year high share price is 6.40p while the 1 year low share price is currently 3.70p.
There are currently 1,084,677,943 shares in issue and the average daily traded volume is 1,100,993 shares. The market capitalisation of Ariana Resources Plc is £50,437,524.35.
konil: perhaps the lack lustre performance of the gp in the face of basel3 nsfr implementation is because it only comes in for european banks on 1st july. it wont apply to uk banks until 1st january 2022. of the 42 banks that are lbma members only 7 are european and 5 of those are swiss. there are 17 uk registered banking members. not entirely sure how relevant the make up of the lbma banking members is to the issue, but maybe given the membership numbers most of the impact of nsfr on the unallocated (paper) gold business wont be seen until or nearing 1st january. also maybe participants are still hoping for a watering down of the rules in the meantime? though if it goes through unaltered on 1st july it will be more difficult to argue for special treatment thereafter. closer to home for aau investors, it will be a relief to get the dividend sorted and to hear from aau about ongoing dividend policy. cannot see anything else having much impact on the share price in the short term.
konil: temujiin, if ozaltin need guidance then aau and proccea have a wealth of knowledge and experience so ozaltin don't have far to go to get it. it would be surprising if they were left on their own to progress their parts and that would not be making the most of the jv. having made an outstanding success of kizil i'm inclined to think aau (and proccea) have more nous than to just leave ozaltin to flounder in unfamiliar territory. of course as well as ozaltin's local clout as a contractor, having an indigenous majority owner in a regime like turkey is a huge plus and probably a wise move by aau/proccea. as regards the relatively small new investment in europe, i'd rather they went cautiously like that instead of spraying around the jv millions, something which other managements tend to do with a big cash input, hope aau do not do that. and of course results which feed to the share price from such early stage mining projects will take considerable time. but there are relatively nearer term projects (tavsan/salinbas) which will have big share price impact and complaints about lack of news on those and general level of communication entirely justified imo. in the time i have been invested here (a year and a bit) i have noticed a marked difference in the information coming from the company compared to the historical rns's i used for my research pre-investment. so the dissenting voices are not dissatisfaction with the jv (the jury on jv will be out for at least a year or two, these things take a lot of time to bed in) but are aimed at the poor communication.
bigglesbingham: Zedder this is from starvest rns 10th feb 2021: The Company disposed of its full holdings in Marechale Capital and Salt Lake Potash during the year, along with a portion of its positions in Oracle Power and Ariana Resources. So starburst no longer own 17.5m shares. If you remember my suspicions regarding the large seller early in year being Bruce Rowans estate then this may explain why Starvest decided to sell AAU at a price we consider to be undervalued. Let me explain. Starvest ex chairman was Bruce Rowan!! so it's not such a leap that starvest knew a whole lot of AAU shares were going to be dumped by estate therefore privy to this, it's logical they would know it would have detrimental effect on aau price so they get out first. Only conjecture on my part but you see the logic. !!!
bigglesbingham: Think we all agree on projection but apples and pears when it comes to Tesco including share consolidation. The reason why I think it's important point to clarify is if some buyers are holding back because they feel the share price will fall more than equivalent dividend then they will wait to invest which depresses share price short term and they may be missing out.
tnt99: Quite frankly I believe the wait is judged to be of benefit while they ramp up production because when this dividend is announced and paid I believe it could reduce the share price by maybe 2p after all they have effectively sold half the company however if they double production there is no loss and the dividend can be paid with little effect on the share price and further good news on tavsan and Cyprus could mean the share goes up
konil: plasybryn, the 2 articles by alasdair macleod (i posted links earlier) about the implications of basel3 for pm markets is fairly clear on direction of travel. his caveat is that if the bis waters down the basel3 requirements as a result of pressure from the market participants lbma/wgc/comex then who knows what will happen but if the watering down is just a token then it will not stop the pm price explosion. i wonder how much central banks/govts will also interfere in this especially from those countries who do not want to see the demise of the usd because a very strong gold price will destabilise usd at a time when the govts have already laid the groundwork for instability with massive qe. on a slightly different but related topic, it seems there are discussions to increase the allocation of special drawing rights to member countries by sdr650bn. to put that in context, the imf created sdrs in 1969 to protect global economies against a usd collapse. to date about sdr204bn have been allocated to 5 member countries including a huge sdr182bn increase in allocation in 2009 on the then total of sdr22bn. if the recent sdr discussions are due to perceived usd weakness, one can only imagine what this could mean for pm pricing. the impact of all this, if it plays out as expected, on aau's share price could easily overshadow the impact of aau's operational performance, as it would for all pm miners.
kirbs4: Agree it is Conservative pharm, but that is factoring years of experiencing what actually happens with the AAU share price as opposed to what should :). I hope you're right.
backmarker: looks like the gold chart is reaching the top of a 5-wave up since the double-bottom was completed at the end of March. but maybe not. if we regard the period from the Aug20 high to the Mar21 low as a 3-wave down, then the period from the Mar21 low to now doesn't seem long enough nor the retracement high enough. so is the current 5-wave up of a lower order, i.e. the first wave of a 5-wave up ? probably, imho. what I do believe is gold is now convincingly back in a bull trend, with plenty of distance to go. I also think that AAU share price has not been motoring as we would like partly because of this recent downwave, but also because the dollar has been weak. I expect the dollar to continue weak in 2021, but the rise in the $PoG to more than compensate for that. I now expect AAU to start rising steadily again. 10p by Oct21.
konil: soul, imo there was bound to some sort of hiatus after the activity leading up to the jv, at least i was not expecting news of forward plans for some time. however, i did think that progress on divi would have been more apparent, even though finalisation is dependent on court dates and therefore not under aau control. and now that we are some months on from jv completion news on forward plans and ballpark timetables would be expected. like you, i am most concerned about ks's time on aau, i hope he hasn't taken his eye off the aau ball too much. although not a requirement it would be good for shareholder relations if ks gave some indication of how he is splitting his time, and what he is doing on the aau agenda. after all he and his track record of delivering a mine from nothing is the reason many shareholders are here and if he is too distracted elsewhere, or even the possibility that he might be, is a big downer for aau. these uncertainties may well be why we are not seeing much positive movement in the share price
jaf1948: We all agree Ariana is undervalued. We all agree that the future for the company looks exciting and profitable, well the shareholders do anyway. However, as many have already mentioned, the share price will not progress as we would like it to without some active public relations work. If even Biggles gets nowhere trying to convince the board of this, then we know there is a problem. This is a real show-stopper. The share price is not going to rise significantly on its own. Something needs to be done to push it - how we are going to achieve that I frankly do not know.
Ariana Resources share price data is direct from the London Stock Exchange
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