Ariana Share Price (AAU)

I share his enthusiasm. I am pleased about the dual listing.

The City of London spivs don't care about supporting businesses, all they are interested in is lining their own pockets - but you didn't need me to tell you that.

About a week ago, on the business section of Radio Four's Today programme, the topic under discussion was how the London market under-values stocks. They spoke to a business analyst who said so, and to the boss of a biotech company that de-listed from the AIM and listed in Amsterdam. He said how the AIM didn't value his company fairly. He said that companies like his had moved to other markets and they were valued at 10 times, 20 times or even 50 times what they were in London.

Hopefully a listing elsewhere will see the company valued fairly. However it isn't guaranteed. On the SRB board. someone commented that on the TSX, the CAD$ price was the equivalent of 84p, but in London, SRB was priced at only about 62p or whatever the price was at the time, but it was somewhere in the 60p - 64p range.

It's a hard one Claret. I think today's news could have had a positive effect except that estimates of 3 years have everyone saying 'yes right'. I wasn't too happy about the location originally but a bit of research suggests that Zimbabwe is not the basket case it was under Mugabe. if the resources are as reported, and in fairness AAU usually put a consevative spin on them , then it could be very positive indeed. Unusual.for me to be positive !

Once again, left feeling like KS has't done any favours to the SP with the news this morning. Why is it with KS that every RNS seems to ask more questions than give us answers. When it comes to timelines AAU aren't very consistent, and are instead consistently late, so take the 3 years with a pinch of salt. I like the idea of not having all their eggs in one basket and diversifying from Turkey, but not to Zimbabwe, and surely it would have made sense to get Tavsan up and running first. All in all, not very happy, and looking at the SP, not too many people are.

Well it has now become evident where they have been focusing for the last six months.

I’m looking forward to reading some updated brokers reports.

He turns 67 on May 14 that should narrow it down a lot!