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‘ And here comes the boards twat’
I will remind you I was here before you turned up with your negative vibes and dreary attitude!
Member Info for PAUL1DEANO
Member Since
21st Jul 2015
Member Info for johnpwh
Member Since
13th Jun 2018
That was nearly three years of bliss until you appeared, so you best shut your mouth, or I will tell everyone what you and Commie Joe did in the Man in Space pub just before Christmas ya pair of fiends!
And here comes the boards twat
Their eyes got bigger than their bellies and they extended themselves to get a larger slice of the pie.
Copper is BS because EV cars are uninsurable, too expensive and not desired. So I doubt the Venus IPO will be worth doing for a quite a while, it at all.
We gave away our assets to cheaply and ESG is killing mining.
I will have another read of the RNS again but I don’t see this SP going anywhere for a few years, they fkd their strategy up and got blinded by green communism ‘copper’.
Of course revenue isn't the same as profit but even so. AAU has brought a major asset, Kiziltepe to production and is now mining out the dregs because the pits are essentially exhausted. So that entire asset has come and gone and what have shareholders received since 2008? Zilch. Who has received benefit? The directors. Is this just their lifestyle company? That is all to show at the moment from Kiziltepe except for several permanent ugly scars on the Turkish landscape and a heavily used and possibly worn out plant. Please someone (unfiltered) tell me why I should be happy? There is Tavsan which will be in production in a year but at only 23.5% interest not the original 50%. We are no closer to production at Salinbas than 8 or more years ago. Cyprus has become a very unfunny joke and all other projects are a decade or more (knowing AAU 2 decades) from production. I would love to hear a counter argument.
You make some very good point John. The bear/bare incident didn't diminish the veracity of your rant. The thing that really struck me was the figure of $274 million. that is rather a lot of money and I aren't at all sure of what benefit it has been to shareholders.
Perhaps you could explain it to us Paul?
**bare** not bear. That typo spoiled a good rant.
Yet again missed deadlines, and now the hint of cash shortage at least in the JV, causes SP decline. I could get 250k @ 2.188p as I write if I wanted to. But frankly I don't anymore. How many days have we had like this over the years?
Fun fact, the Share Price is the same now as November 2008. Bear that in mind when Dr Sener extolls the company's progress in the next presentation. The company is bigger, with far more fingers in pies but overall the shareholder return has been NIL over 15 years. By the way Gold has nearly trebled in price in that time.
Https://think.ing.com/snaps/turkey-sees-slow-adjustment-in-its-current-account/
Excuse the pun but a lot of gobbledygook I cannot make sense of, but the energy and gold theme is present.
Wi think the board have to start considering dividend payments to compensate us all for holding this share during these times.
As for copper, ev vehicles are not happening. Ferry companies will not take them, Luton airport is suspicious and people cannot insure them.
https://www.reuters.com/business/autos-transportation/hertz-sell-about-20000-evs-us-fleet-2024-01-11/
The copper thesis was only part of the green communism dream.
Happy New Year Van. Yes, I do read the other board. I never know if they are friends or hate each other!
You might be interested to have a look at the ADVFN AAU thread.
Biggles who holds 60m Ariana Shares has been collecting shareholdings from posters. The total is already over 20% with many unheard of posters joining in. Perhaps some of you might like to add your holdings to the total.
They are also running a fun competition based on the end of year share price and the highest price in the year. Again lots of participants. More the merrier.
Happy New Year everyone.
I wonder if Zack van Coller's post on LinkedIn 2 days ago was reported on this thread? Sorry if this has already been reported.
He said and I quote..."2024 is going to be an exceptionally exciting year for Ariana!" Unfortunately he didn't elicit further.
I'm sure we would all love to hear more often from Zack. Bring back those great video's he did. Is he future Director material? Keyman planning?
Good luck and a Happy New Year to one and all.
Also to my two chums, Banta Claus may have come and gone, but unfortunately what went on in the function room in The Man in Space may not have remained in there. The BBC seems to have caught wind on it and started reporting, perhaps they are right, woof woof.
https://ibb.co/D8F5kWb
Fnar Fnar!
Nice card from Ariana Resources.
Happy holidays to you and yours!
Wishing you a very happy and prosperous 2024.
From the Ariana Resources Team
Prosperous for many if Ariana deliver. Fingers crossed.
‘ Hi Van, all this from memory. ’
https://www.dementiauk.org
Last seen stumbling around in function room at the Man in Space wearing a blind fold, this little story did not remain in there but more of that later.
‘Tis the season to be jolly fa la la la la la la, good tidings to all men.
Hi Van, all this from memory.
1) Agree. Think its officially 8 years but should go to 10 and in time maybe a couple more. The thing about Tavsan is that it is surface deposits even if the actual quality of the ore is low, so you pretty much scrape if off and process it. Whether that becomes a problem using heap leach as grade deteriorates further I have no idea, maybe you need a high heap or more of them! That's why they employ mining engineers. It would be daft for posters like us to speculate, just trust them.
2) Partly agree. Kiziltepe return will not be great and production will tail off rapidly. But the plant is bought and paid for so marginal cost of any newly discovered extension should remain low bar trucking.
3) Yep, lets hope its not edged back like Venus IPO!
4) 50/50, maybe announced, maybe not. I think that is one for 2025 myself.
5) Dunno!
Whether the SP this time next year will be significantly greater I wouldn't like to say. Similar bullish sentiments were held by many of us this time last year.
When the SP was 3.15p and gold was below $1800........!
Strap up, wade in and fill your boots.
We are the Ariana boys and we are here, kiss your women and drink your beer.
I’m going to discount Salinbas, Ardale, Hizzy, Venus IPO, Dokwe DD, Kosovo drilling etc and tell you why i believe the value of AAU will increase significantly in 2024.
1. The Resource at Tavsan will be increased and the LofM extended.
2. The Resource & Reserve at Kiziltepe will be increased at the Lof Mine extended. I expect we will have 2 mines running in tandem for 2 years or more.
3. Tavsan will start production Q2
4. A dividend stratgy will be announced
5. Global resource will double.
C&B
Fulham (A), Liverpool (H), Villa (A), Spurs (A) in the Cup....I shall be watching from behind the sofa, I reckon.
I shall be at Turf Moor though for the Luton game when the great escape will begin. (Don't worry, I know I'm deluded).
‘ and any pleasant posters I have forgotten!’
Thank you for your kind words Precious John and on that basis I would like to invite Commie Joe and yourself for Christmas drinks here this weekend ;-)
Old Joe can bring some of his bottles of ‘ jus de l'oeil brun’ that has previously been mentioned on here. I did stop drinking alcohol last NYE so will not be able to join you in Joe’s own fantastic refreshment, but I’m sure it has a sweet crimson tangy taste to it.
Now I propose moving onto the first pub, The Staff of Life.
https://ibb.co/vcmgj1b
Unfortunately I will not be able to join Commie Joe and yourself, but it is a great entry point to thrust you into the nightlife.
I then propose we/you move onto the next pub, the Man in Space,
https://ibb.co/GFtZrhK
I am sure by this point of the night the pair of you will be spinning around in a different orbit. There is also an extra special surprise as the friendly proctologist Dr Albert Chung and the wonder urologist Dr Rena Malik will be joining you for Christmas Drinkies in your orbits. I am sure Commie John has a little topic he can discuss with Dr Chung in confidence and maybe yourself with Dr Malik. What happens in the Man in Space remains in the Man in Space and I believe they have a private function room for such occasions. Fnar Fnar.
I am sure you will have a great night and re-entry into this small planet will just simply be unbearable for you lofty pair.
Woof Woof .
Good post Stranger, good summation. Do hope that any significant discoveries are sold into Zenit on an individually negotiated basis and not this blanket 3x exploration cost (I think that's correct) if they are significant deposits.
Happy Christmas to you, Van, the Burnley Boys (good luck with Fulham and Liverpool), DJ, 4kandles, Shortarm and any pleasant posters I have forgotten!
Good points SS
I remember reading an article how oil companies will have to adapt like tobacco companies did to keep their SP at a premium by paying out bumper dividends, I can also see this carrying across to the mining sector.
Since this ESG folly, green communism and climate fraud has made interest in owning mining shares diminish, there needs to be a dividend paid out.
Have a good festive period SS, you are about the only other voice of common sense here ;-)
I think that next year will be a good one for Ariana investors.
Zenit - Zenit is now in that sweet spot with a producing mine, a mine in development and some exciting future prospects to give a long-term future as a gold producer. Zenit will not be sold off nor will it sell Salinbas to another gold producer. The price of gold will stabilise at over $2,000 per oz as interest rates drop over the next couple of years. I hope Ariana will not sell its share in Zenit unless it is offered a really high price. Zenit should give an income stream for Ariana for many years to come.
Venus Minerals – The IPO will go ahead. In November Venus Minerals was changed from a private company to a PLC, a move necessary to float Venus. It looks like there will be an increasing shortage of copper in the future which should give a good lift to the price in the medium to long term.
The investments through Western Tethyan and Asgard Metals should give the opportunity to either sell the prospects at a profit or develop prospects in conjunction with third parties (such as Proccea) to give long term growth prospects.
My wish for next year is for Ariana to develop a dividend policy to return a proportion of the profit from Zenit to shareholders whilst retaining enough to carry on developing new prospects. CAML has done this very successfully. CAML’s policy is to return between 30% and 50% of free cash flow to investors whilst retaining the rest for future investment.
I hope that everyone has a great Christmas and that next year is a good one.
Hi LoB, and seasons greetings to you also, and all the other regulars on here, although its very quiet these days. I'm hoping 2024 is a better year for AAU with the opening of Tavsan. Back to the important issue of football, Fulham away on Saturday and Liverpool on Boxing day brings the curtain down on a very mixed year for AAU's favourite team.
...and a happy Christmas to the usual stalwarts on here (John, C&B, VanVan, DJ etc). Let's hope AAU can turn a corner in 2024 and bring us a little joy in the new year.
Just read the past days posts on the other board and see that Konil had already made the point about Apliki appearing on the Cyprus slide. I would point out that myself and Konil and I are not one and the same, I'm sure he wouldn't want to be associated with a buffoon like me!