Ariana Resources Takeover Rumours (AAU)

Ariana Resources Chart

Ariana Resources Takeover Price

Ariana Resources Takeover Forum Posts

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)
JD - I agree the company could pay a dividend to ordinary shareholders from next year and it would not hurt the company. In fact it would be of great benefit to the company as it would attract a more solid shareholder base which would be able to resist a takeover. Let's face it folks, this company is about to move into a higher profit margin league and needs to be cautious about such issues.
If there is an equity call to fund Tavsan then we may find we suddenly have some institutional investors aboard, my personal view is that they would rather wait for a discounted entry, rather than try to buy a large holding on the open market,and risk takeover fever breaking out!
Yes at such low volume there is no justification for the fall other than MM manipulation. Justifies topping up here on takeover opportunities alone never mind the rest of the stuff.
I honestly don't think a takeover is likely based on current operations. 50% of a small producing asset is not going to attract many predators. Beef up production to 50k oz and it will be somewhat more attractive but not for a major. Start hitting what we are all hoping at Salinbas and it is a different discussion.
Doubt it re the hostile takeover dic; they'd need too many shares and if 'they' did keep buying, the sp will likely be near 10p (£100m for all inc NE Turkey isnt expensive in my opinion) in any event, so doubt too many would be upset to get out around that price.
Your Recent History
Gulf Keyst..
FTSE 100
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20191214 11:10:18