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And there you have it. 2p reached. Who won ?
Hi LoB,
I was in London this weekend for family occasion so didn't see the game till I got home on MOTD 2. Couldn't believe it when we were 2-0 up, but obviously didn't last,and it had to be Ings of course.
Back to SP, not been a bad couple of weeks, but still a long way from where we were, and to add to the misery John has asked for me to be disqualified from the 3p guessing game on other site due to my guess being 2025 and there was me thinking he was one of us as an honorary Claret.
Back on the 2p date....looks like my guess at June is hopelessly wrong> VanVan seems to be doing best with a guess at 2p by end March.
Are things looking up, here? Jeez I hope so.
Anyhow, I'm in a more upbeat mood after the London Stadium performance yesterday. Never been stood - no-one was sitting - with fellow Clarets as I was, quite so disbelieving, of a wonder goal to start with and a 2-0 lead by half time. Normal service resumed in the second half, though.....
I agree with you about EVs DJ. if I could keep a little car just for local runs I might consider an EV, but not for distances. I am retired and I've done stress, I don't want it every time I set out to do a longer than normal drive, even if 9 times out of 10 that stress would be unwarrantied. Also I think a 10 year old EV is probably about as valuable as a nokia phone, technology moves too fast and I cant see them ever being classics. Always makes me laugh when I see a Tesla on the motorway. That nice Mr Musk sells his cars on being able to outdrag a Ferrari, but in truth I've never seen one being quickly. instead they tend to be driven by worried looking people with beads of perspiration on their brows. My own cars are a 1999 Lotus Elise, a 2005 Porsche Cayman and a 1938 Morris 12/4. In fairness the last one has been in bits for most of the 40 years I've owned it. Maybe I should get it converted to electric, that could surprise a few BMWs at the traffic lights by Sainsburys.
Got all excited then that 2p had indeed been reached, but the trade seems to be 42 shares for the princely sum of 84p. Very odd.
Yup he is a bit of a floppy whopper!
Looking forward to you selling at 2.5p!
That means you will not be selling at 3,4 and 5p - Thanks :-D
'My wife in a quandary, guzzler 0f the 80s and 90s, ain't considered a real poney anymore. I have some other good-looking possibilities elsewhere right now.
Laugh at me by all means, The missus likes the whacked up general exuberance in the comfort and power of happily giving their owners excellent service'
As usual Joe WTF are you on about Dear Chap?
'My wife in a quandary, guzzler 0f the 80s and 90s, ain't considered a real poney anymore. Laugh at me by all means, The missus likes the comfort and power of her handling, whacked up general exuberance in the huge power source'
As usual Joe WTF are you on about Dear Chap?
Sorry John but I hadn't noticed we were playing a 2p game. Well my view is that I came back in following a general exuberance in the chats which I reckoned could also be covered by any dead cat bounce. I have some other good-looking possibilities elsewhere right now and an upward move to 2.5p would see me out again.
EVs at the present time IMHO is a non starter. Sorry, StrangerS but your MG is just another chinky (which ain't imported over here). I have thoroughly enjoyed driving the real MGs - TC, TD, TF ,MGA MkII, but not so much the BMC B type and later versions. Bigger EVs aren't selling too well over here and folk are moving away from SUVs & crossovers back to the heavily discounted traditional pick-up trucks (especially younger females). My wife and I are in a quandary. My Mustang is now 10 years old but only 70k miles. The new EV ain't considered a real poney. anymore - so mine must appreciate The missus likes the comfort and power of her 3 liter+ V6/290 bhp sedan. The model and handling power hasn't altered but most manufacturers have whacked up the price of these type of cars where a used one of say 30,000 miles is bringing twice the cost, secondhand, of what it cost new around 5 years ago. Many similar vehicles are happily giving their owners excellent service at mileages over 200,000.
People are restoring their old cars - even gas-guzzlers 0f the 80s and 90s 'cos we are just not sure that the EV will truly happen - particularly as Toyota and others are favoring hydrogen. Certainly many Governments" current plans of a doomsday for ICE vehicles are going to miss their target. Laugh at me by all means but I reckon steam is a huge power source and a mini reactor in yer jalopy might just make that possible! Regards DJ
Ok just out of sheer boredom I will play and go for thruppence!
https://ibb.co/Lz52n8c
Seems a shame that not many participated in my 2p game. With Tavsan approaching and a frisky PoG I think it could possibly be relevant soon, unlike ADVFNs 3p sweep!
Sorry to see Burnley's woes are continuing Claret and LoB.
Your thesis is interesting.
We have a world pre pandemic and post pandemic and pre Ukraine.
At some point the money is going to return into mining but right now it looks like bitcoin is on the up.
The following is the list of registered market makers for Ariana shares
Joh. Berenberg, Gossler & Co. KG
Marex Financial
Panmure Gordon (UK) Limited
Peel Hunt LLP
Shore Capital Stockbrokers Limited
Singer Capital Markets Securities Limited
Stifel Nicolaus Europe Limited
W H Ireland Limited
Winterflood Securities Ltd
Winterflood Securities Ltd
I have commented on the fact that there has been no TR1 forms for Ariana which suggests that the sellers of the apparent large tranches of shares are probably, not in themselves, large share holders. For every sale there must be a buyer and if a ‘person’ is building up a holding then that person must submit a TR1 form when the holdings move past the holding limits so someone building up a holding in a company must report as below.
A person must notify the issuer of the percentage of its voting rights he holds as shareholder or holds or is deemed to hold through his direct or indirect holding of financial instruments falling within DTR 5.3.1R (1) (or a combination of such holdings) if the percentage of those voting rights:
(1) reaches, exceeds or falls below 3%, 4%, 5%, 6%, 7%, 8%, 9%, 10% and each 1% threshold thereafter up to 100% (or in the case of a non-UK issuer on the basis of thresholds at 5%, 10%, 15%, 20%, 25%, 30%, 50% and 75%) as a result of an acquisition or disposal of shares or financial instruments falling within DTR 5.3.1 R;
The only exception to this is for a market maker who can hold up to 10% of issued share capital before the holding has to be reported.
A lot of the large trades are reported under the deferred reporting rules which allow for transactions to be packaged with a delay in the publication if one or more of its components are transactions in financial instruments that are large in scale compared with the normal market size.
What if a market maker is manipulating the market and purchasing the shares, it wouldn’t have to report the holding if it is under 10%. The market maker could make a killing if they believe that the share price is likely to increase substantially over the price paid.
Hi Claret and Blue
I was brought up in Blackburn and for a long time was a Rovers fan. Unfortunately (or is it fortunately) I now live too far away to go and see them. I feel for the Claret and Blues this year but, if you go down, you may get straight back up, not so for the Rovers mid table Championship is the best we could hope for, it might be the first division for us.
Back to Ariana if the share price stays as it is then in 2025 we could easily be in the absurd situation of having a P/E of less than two, and if the Board declares a dividend of having a dividend yield of perhaps 18% (assuming 30% of profit returned as dividend).
On the other hand KS might just spend it all in some far flung part of the globe and we will have SFA.
‘Hole in my finances too with this shower’
How is that hole in your rse - same problems?
Things your side of the pond are flying well?
https://www.youtube.com/watch?v=oHrhbkXMynw
Holes...lots of Holes (including Kizilcukur). Hole in my finances too with this shower. But no money or dividends for us investors. He's in the right place though ...plenty of "Diggers" Down Under. Meantime Keep the Faith and this Chat going. AAU ain't the only minnow minor on AIM not doling out these days so just enjoy the promises There could indeed be a pot of gold at the end of the rainbow but unfortunately it's underground.
What C&B said (both regarding AAU and the Clarets).
All a bit depressing.......
Name me a better proposition on AIM sub 2p in the mining sector?
In hindsight we should have sold out 5p to 6p and forgone the dividends and rebought in now, but we are where we are.
Give it time this will rise again to 5p or 6p again, just how long this takes is the question, but we have a lot of irons in the fire which could push it on to 8p to 10p.
Share is down because of 1 or 2 major sellers, plus the likelihood that the Starvest advisor is selling AAU shares to cover their costs!
Ariana will soon own 23,5 percent of two operating gold mines with a profit of around 11 M per annum. Then there is the high grade Slivova mine on the way and the (last JORC ed over three years ago) monster that is Salinbas and Ardala.
Lots going on but if you have lost your mojo you have lost your mojo.......
Strangerstill, I admire you're positivity and the research you do regarding AAU, but the bottom line is still that this has turned into a dog of a share, and unless they tell me they have found a motherload of gold at Salinbas, I for one will be out of this as soon as I can. The positive news and general good feeling has all but disappeared and looks like not coming back for a long long time. Even the footie banter has gone. My team are leaving the premier league without a wimper, perhaps its the same with AAU.
I have given the recent Kizilcukur drilling results a rough analysis and it looks good.
The results from the 25 holes where data is given shows that there are 47 intercepts with a weighted average grade of 2.7 g per tonne Au and 92 g per tonne Ag. The average intercept was 2.7 metres in length from a strike depth average of 32 metres. The actual depth of the srikes will be less as the drill holes were angled.
The combined length of Zeki, Ziya and Zafer appears to be about 800 metres so Kizilcukur could be a reasonable resource and keep the Kiziltepe plant running for at least a couple of additional years.
An interesting read,
https://think.ing.com/articles/global-car-market-outlook-hitting-speed-bumps/
'The main engine is still China, also the world’s largest market. With continued fiscal support,'
So there you go, EV vehicles require Government subsidies and looking globally which Governments are in a position to do that?
However copper is needed for the construction industry with increasing populations with their demand for more energy and copper piping for water there is still a good case for copper. It is just a slow burner right now.
With the London IPOs effectively dead isn't it time for Ariana to negotiate for the remaining equity in Venus minerals and do something with it? This soap opera will just go on for years, all that has been achieved so far is no doubt large expenditure on advisors and lawyers on the never ending IPO application.