Ariana Resources Takeover Rumours (AAU)

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Ariana Resources Takeover Price

Ariana Resources Takeover Forum Posts

Makes you feel like nothing will move the price the way we feel it deserves. Is AAU totally unloved by the city and destined to remain that way or will this majority takeover deal finally set things right?
Thing is this is not a takeover bid. I would have thought the agreement between AAU and the JV partner is seen as a mutually beneficial event. I cannot see how another party could suddenly try to muscle in and get involved, it's not the type of situation. Due diligence at RR is quite probably because the new JV partner is stumping up huge wads of cash to AAU, and they need to know it's worth it. I cannot see the agreement varying now in greater favour to AAU as they have already agreed in principal, it strikes me that so far all parties are happy with progress to date.
With the JV materially affecting the percentage ownership of the assets, I would think at some point that the far more likely outcome is a trade sale of those assets to the other JV partners or a buyout of the whole lot. A bid for the company would seem unlikely unless it is in the context of an asset purchase. If the proceeds of the cash lead to the building up of a portfolio of wholly owned assets then a trade sale of the JV assets rather than takeover seems to me to be the inevitable outcome.
Yes. Yet another example of Kerim posing more questions than answers.As usual longterm holders are left trying to guess the Boards intentions which has been heightened by talk of a 53% stake sale....seems like a takeover to me....but I am only guessing.
There seems to be an unhealthy amount of wing and a prayerism knocking about this BB at the moment. Until we know better surely scepticism must be the appropriate response to something which appears nothing less than a takeover bid at dubious price on current terms.
The proposed deal with our unknown conglomerate, or is it a takeover, might encourage a few ii’s to invest, possibly even some Turkish ones.
Back. Didn't get better did it! Not sure what will come out before the year end. Q3 financials for sure. Maybe Kiziltepe resource update/ mine life, but maybe not. Confirmation of submission of Tavsan EIA, be disappointed if it wasn't. Kizilcukur into JV I doubt if the trial processing of stockpiled ore hasn't taken place, or for that matter until completion of the takeover of the Kefi subsidiary is complete. Enough for 5x ? Don't ask me, I know nothing, I'm mystified by the logic behind EUA being a 6 bagger in less than a week!
27-10-2019 is an interview with Martin French of Chesterfield Resources who have built up a land bank in Cyprus. The interview is worth a listen in terms of building background to our proposed venture into Cyprus and Kerim’s proposed rationale for such a venture. If I was him I’d look at reverse takeover as I think they not only have good expo targets they have main listing. However I think EMED is some posters favourite as being the new partner??
There won’t be a takeover of chesterfield as the management and friends all just invested at twice the current price, I think they could buy or farm into one or more of the blocks, it will be chump change now for aau and the history of copper in cyprus seems very interesting ... If it is not chesterfield but another asset then I am sure they will have a good deal given how much chesterfield have picked up at little or no cost in prolific historical copper areas...
What about takeover to get on main market? Makes sense to me. Or are we getting ahead of ourselves ??
Jc, i'm not sure of other gold miners with a higher potential for increase in resources/reserves than AAZ, however there is also the potential for hostile takeover by the goverment/ruling family of a failed mine. So many questions hanging in the air over that one.
Biggles will sell when the takeover offer comes in at £1 per share! (Like me)
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