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Steady stream of sells this week until today when the SP fell a full 1% and there was an immediate purchase of 1 million shares . Seems to me that M20ASH called it right in his posting last Saturday!
Agreed, John and CKnocker seems to have nailed it too. I think things will be short-term static 'til late Autumn (unless Brexit is scrapped and ya'all stay in the EU). You need worldwide confidence in your future to bolster your currency and attract folk to invest. I still say a divvi would help our sp and maybe a scrip issue might benefit Tavsan and our existing shareholders at the same time (always providing they haven't already "spent up" any spare capital in Ariana already!)
Just looking at the prices, Q1 Average gold price was about $1310, Q2 about $1315 and Q3 so far about $1410 - so that's a substantial rise so far. Silver was Q1 - $15.30, Q2 $14.90 and Q3 so far - $15.15.
Q2 Gold Revenue - $8.47mn
Q2 Silver Revenue - $1.24mn
Total - $9.71mn
Q1 Gold Revenue - $9.56mn
Q1 Silver Revenue - $1.29mn
Total - $10.85mn
Total 2019 Revenue to date - $20.56mn
Assuming same for H2, 2019 Revenue $41.12mn v 2018 $29.25mn
or Up 71% year on year
The forward guidance put out stated 25000 oz which equates to $35mn (add $5mn for the silver), on the present trajectory, the mine will overshoot the guidance by $1.12mn
That looks good to me.
Comments? Not really surprised gold production is down. Mined material seems at a high grade unless I am reading wrong but the amount (and grade) through the plant was down. Silver production stayed strong but the average POG and POS over the quarter will have been down over the quarter. I can see the Q2 financial result being a fair bit weaker than Q1.
I can't see what will drive the share price higher in the short term other than a significant rise in POG and/or POS and an investment decision being taken for Tavsan. Anyone any thoughts?
Wrong thread Sleepy Joe, although politics & geopolitics is a facet of investing. Your post would be more suitable on a pro federalist eu forum.
I think it was the mid 80s when the pound/dollar had parity, it’s not as if this is new ground.
I wonder if sanctions did commence against Turkey, this missile defence system from the Russians is an eye opener and Turkey doing trade with Iran for gas.
Would Ariana still be allowed to trade on the LSE if Turkey has trade sanctions against it?
Maybe better more experienced traders could advise?
.....and your pound is falling fast. I guess Boris is gonna be as popular as tRumpo. ooops! I suppose any good news from Kerim will be offset by the PM announcement...so .undulations in our share price for some while. 3p by next Easter?
So, listening to Kerims message today on proactive, Q2 results are "imminent". I think that pretty much says tomorrow morning then....
I expect a few will use that as an excuse to 'sell on news'.....
Fundly enough when I owned Mariana resources I went from owning a junior to a royalty streamer in Sandstorm Gold.
I also follow Lobbo Tiggre and the independent speculator, say you make 5 picks and 3 turn out to be moose pastures, the 2 runners should make more than enough.
From the oil & gas side Im in Echo energy which turned out to be a moose pastures, they have diluted on another interest and I will be happy to break even as I am 80% down. However I bought into GGP at the same time and checking today im 175% up.
Im just a big Polomny fan, seems he is not everyones cup of tea on here.
He has a point but its more about general principles of investing and NOT restricted to gold mining stocks. You can apply what he says across the market - ie.people tend to buy high and sell low rather than buying low and selling high.
Fact is people have made, and WILL make, a lot of money out of well selected gold mining stocks in a gold bull market. You just have to apply the principles, DYOR, invest wisely and you should do OK.
AAU is one of the better junior stocks on the AIM market, arguably one of the best.
You should get out of your conservatory more often and sit in your own garden?
Amazing video. Watching this f.. guy lounging in his garden made me fall asleep 3 minutes in. This is even before lunch. What an impact!!!!
Hi John, its been pretty quiet for our share recently, maybe as you said Salinbas update was a bit of a non event. I noticed your 2 lots of 500k buys appeared this morning on LSE, so good on you for keeping the faith. I also dipped my toe in the water but for fewer shares than you. Not going to look for a while now, busy basking in the glory of our cricket team, football season is only a few weeks away and my annual trip to find sunshine is almost upon me.
My take on things (dull post warning) is that the Salinbas update came over as a bit of a damp squib, but we are expecting a less sparse release once results are fully analysed (see biggles on Advfn from the 11th, where he mentions a conversation he had with MDV, my interpretation of which is that the next Salinbas release may be a bit more exciting). Continuing gold strength is good, ok its not going through the roof like some (other than DJ and me) expect but a new stability at this level is good imo - the margin for AAU at $1400 increases by 10% compared to $1300. A decent set of Q2 figures and a funky Tasvan update in addition could easily see a return to 2.5.
The more astute will already recognise that this post is me justifying to myself why I have just reinvested my HUR money here!! Not sure why LSE has not reported it (2 lots of 500k), I don't really trust that part of the service they provide.
ps what is a squib? Some sort of firework?
Paul - dic hasn't really posted much on here and only occasionally on ADVFN since 2018 when, like others, he got upset with the changes on iii.
The last time he posted (on ADVFN) appears to be 20th June last and there had been comments about his absence since.....but you know what he's like...he has his moments (lol).
Hi Paul. I have seen him appear very occasionally on the other board. He used to be a prolific poster on ii, and it was his constant enthusiasm about this share that got me interested although I didn't post myself then. Hope he's ok.
Thank you John and DJ for you kind comments. I haven't posted anything recently as I have nothing meaningful to add to your and others helpful posts. I don't know how to take the recent drilling results at Salinbas, a bit disappointed at first and then thought that Ariana had probably confirmed the link between the deposits that they were trying to establish. I'm looking forward to the next set of results and, hopefully an interview with Kerim and an explanation for us not so mining savy investors. I have had some information from Vanvan so I think he is OK, but where is Dic?
Hi M2. Profit for the year will depend on POG/POS (I love stating the obvious. Never mind it will give ammunition for our resident troll. Must be charitable and keep him happy).
The Q2 financial result will be subdued because of the Apr - June (inc) average of <$1300 Au, but will hopefully be significantly higher throughout Q3. With lower grades due as we progress through 2020 I can't help feeling that they wont be going for maximum possible output in 2019. That is just an unsubstantiated guess of course. Maybe they will aim to just exceed the 2019 guidance (think 25k oz), and keep a similar guidance for next year?
Very likely to have the preliminary Q2 results, but we will have to wait until September I suspect for the full interims. I really want to see whether they bear out my thoughts on profit for the year or need to amend my thinking.
Anything on Tavsan in the near future will also be welcome news as this is the next stepping stone.
Q2 RNS due this week? No surprises either way I doubt but may cause a temporary SP increase as usual! We can hope for Tavsan results too, and more importantly and indication of when the building of the plant there will commence.
"you mean that idyit Paul DEANO ( as opposed to admirable Paul280i) he does seem rather pre-occupied by rectums and anything sexual. Both both Johnpwh and myself have him "filtered" on here"
Believe me I wished I could find a way of blocking your posts which are nothing more than recycled opinions that have been given to you by the BBC and CNN that are fake media and quite often factually incorrect.
Car manufacturing leaving because of Brexit uncertainty, lol. Peugout, Ford and Michelin all left when we were committed to that stupid federalist racket! They were leaving whether we were in or out.
As for rectums I am yet to make a comedy gag about it yet, that us until now, I challenge you to find one!
So when John and Joe finally meet will you greet each other with a consensual Croatian handshake, I bet the emotion of it all will bring a tear to the eye in more than one way!
Talking of Paul I haven't heard of VanVan recently (I had lunch with the 2 of them after the recent presentation). Hope he;s ok.
Anyway, off to kip, haven't been feeling too good today
M20ASH (apologies to any other netball fanatics. Paul1Deano?)
Well yes I am a fan of certain ladies sports, ladies athletics on a saturday afternoon is great viewing although the ladies shotput is a little lacking in finesse. I've just enjoyed watching the ladies World Cup although the Californian Twinkle Toed Commies in Megan Rapinoe and Alex Morgan left a bitter taste. The netball was been promoted, there looked to be some fine sport ladies involved, it a sport I've not paid much interest in.
Ok if given a choice between watching the Netball in Whackerland and Florence and the Machine then I'd humbly go along with Mrs A, could she explain the rules to me? Sorry but Florence and the Machine totally destroyed one of my favourite songs, quite unforgivable.
The best version
The butchered remix
Mind you today I did get up really late with DOMS (delayed onset muscle stiffness) from Krav Maga class on thursday. It was all ground work and my lower back, lower abdomen, buttocks and upper legs were seized tight this morning. I could hardly move, Ive found muscles I did not think existed just to sneeze or cough was painful. A trip to the people's republic of Merseyside would not be high on my list!
Sorry but this is getting all bromancy and quite off topic, which all the other John, Joe's and Jeffrey's engage in on this forum.
Ok Ive been reading my investors chronicle magazine , ESG crackdown looming, environmental social and governance. SXX is mentioned in that they will face tight controls on energy useage. I fear this is the major obstacle facing manufacturing and mining and not Brexit.
I am a subscriber to Gwen Preston's resource maven letter she is Canadian based, however the price of oil is heavily taxed even though they have an abundance of it. To my amusement I discovered Canadians were using a little American enclave Point Roberts to fuel their cars, go research it. Hopefully that twinkle toed commie Trudeau will be voted out, have you seen those pictures of his mum in a NYC Discoteque with her flower on full display, that's about the level of it!
I have actually got Panther Metals in my SIPP so plenty of time on my side for that one to flourish in Canada, there are many plays out there in that region. Im also in GGP and 150% up so happy days.
Oh yes I also like a lot of the contributions John Polomny makes very in depth, thought out and intelligent.
Its just the lack of critical thinking all the John's, Joe's and Jeffrey's make on many subjects, it's just having the same fake media stories that BBC and CNN put out regurgitated and being beat over the head with!
Yep DJ, talco. Love to see idiot Trumps face if that was true.
And Paul280i, you have a fanclub! Not so much the other Paul though.....