Mariana Share Discussion Threads

[classic comments reprinted] 16/3/2017 11:58

From LSE board 10.49 today:

"a shame for the PIs who chose or had to sell.Because it was pretty obvious what was going on ... "

Sadly, it wasn't so obvious to the rest of us.

[bittorrent] 16/3/2017 11:34

A couple of chunky sells but we are still up Barry, looking promising for a higher finish, depends on TSX.

[barrywhit] 16/3/2017 11:23

A few changing hands today, exercised warrants maybe??

[classic comments reprinted] 16/3/2017 08:52

From LSE board 8.43 today:

"As you say, there are MANY possibilities. None that I forsee that result in anything other than significant gains for holders! :-)"

Sadly, it's the unforeseen ones that you have to worry about.

[barrywhit] 16/3/2017 08:27

Nice bounce going on from TSX & OTC......

[greenrichard] 15/3/2017 20:24

Nice move up on TSXV following the Feds interest rate hike.

Currently up 7%

[pr0t0n] 15/3/2017 20:02

Barry,

Hmmm, interesting thoughts

[barrywhit] 15/3/2017 19:27

If Lydia are thinking of listing in 2019/2020 before the mining starts perhaps they will reverse into Mariana.........just a thought...

[pr0t0n] 15/3/2017 17:40

...and speaking of rumours,,,, guys on the North American boards think that Alacer could make a move later this year.

^^^Management also hasn’t discounted the prospect of acquisitions to complement the Copler project as it strives to become a sustainable multi-mine producer with a focus on Turkey.^^^

[pr0t0n] 15/3/2017 17:30

There is no fundraising this year, whoever started that rumour is talking nonsense.

Repeating it won`t stick especially with nothing to back it up with.

What we had is short position and trading pattern last few weeks would confirm / explain it.

$5 million in cash page 4


$5 million in warrants @2.5p (25p now)

[johnrxx99] 15/3/2017 07:58

The market doesn't like the thought of fundraising by whatever method and irrespective of NAV. It wants to get in at the lowest price, so if it can will drive it down.

I like the possibilities here and will avidly watch.

[pr0t0n] 13/3/2017 13:06

Lidya`s new website .

[greenrichard] 13/3/2017 13:00

I wonder if the upcoming referendum in Turkey is also having an impact.

[pr0t0n] 13/3/2017 12:54

Cheers Chip, eloquently put - as always ;)

[pr0t0n] 13/3/2017 12:51

There is no placing , and that`s from Glen`s email I got last week !
Warrants should bring close to $5 million plus $4 million in the bank now.
As wooster mentioned they envisage to finish year with $3 million.
Any other costs for development if they decide to go into mining I`d assume will be
debt & equity but that is way after PFS and DFS about 18-24 months from now.
Interesting from that interview that Lidya plans to list on TSX.

[chipperfrd] 13/3/2017 12:44

HM project initial CAPEX requirement = US$169.2m

So MARL's 30% attributable share is currently US$50.76m. However, by the time the PFS is released there may well have been changes to planned throughput, etc, etc, which could alter the likely project development cost.

But US$50m looks a reasonable starting point for MARL if they are to carry their interest forward into production.

That sum could well be raised by both debt and equity. Only time will tell which way this all works out for MARL.

First production looks possible in 2019 although probably better to think in terms of 2020/2021 for commercial sales.

From my viewpoint, the HM project values MARL considerably higher than current, even allowing for CAPEX raising in c. 2018/19. So current share price weakness appears (to me) to be an opportunity to add. But like everything else, only time will tell!
Chip

[goldenshare888] 13/3/2017 12:01

Hi Wooster,

That won't cover their 30% of development costs though, they will need to add another zero at least to that and probably start with a four and not a three.

[wooster4] 13/3/2017 11:33

don't think so golden - they envisage having US$3 million in bank at year end.

[goldenshare888] 13/3/2017 10:01

Gold up MARL down!

Are they doing a discounted placing for their 30% of development funds?

Luckily I top-sliced majority of my holding near the recent peak.

[barrywhit] 11/3/2017 14:05

Very good interview below: kereport segment 3



Glen sounds bullish and confident........

[shavian] 09/3/2017 18:21

Beginning to look like a raging buy again!

[pr0t0n] 08/3/2017 16:26

SH,

LOL.
That`s what you get for $100k, cost for this PEA.
See what Northland has to say.

[sheep_herder] 08/3/2017 15:05

If the gold deposits are as big as that PDF we're due a rerating!

[timnicebutdim] 08/3/2017 14:58

Has everyone gone? Very little I.E. only1 comment on the RNS

[pr0t0n] 08/3/2017 12:11

RNS: NI 43-101