Member Info for johnpwh

From one John to another.

For what its worth this is quite probably the new normal. Market makers aren't in grand conspiracy, they are just making a market as it says on the tin.

Recent (very positive) price movement in the past year from the equivalent of £1 to the current SP has been against tumultuous corporate restructuring, some good operational news (particularly from the previously almost dismissed Telfer deposit) and a constantly rising gold price. The gold bull run has slowed, even backed slightly but not alarmingly, the ASX listing is a couple of weeks old and bedding in from the initial euphoria, and we are now entering a less phrenetic entering a period which will cumulate in production at Havieron in at least 2 or 3 years time.

Should we be surprised that there is a bit of indigestion? Is the next move up, down or sideways? I would suggest no one knows. We may simply have a period of following gold price.

I have made my decision which I aware will be derided by several here. I had a million shares in 'old money', 50k in 'new', so have sold sufficient to leave me with a comfortable shareholding at zero cost. I'm happy with that.

Graphenesupport

Please think very, very carefully before you are tempted to believe anything this charlatan says.

I don't know your personal situation, or how much you have sunk into this company to date, but...

Be honest with yourself about how much you have lost.

Think very carefully if you are tempted into any desperate ploys like averaging down with a company as perilously near to administration as this one seems to be now.

Google 'VRS share price', click on max and look at the graph'.

14th September 2018 187.00p.

2nd July 2025 0.015p, a loss (I think, there are lots of decimal places here) of 99.99%.

Yes miracles do happen, but very rarely on AIM.

I agree CC. They have to realise that progress towards production is what we, and the market, most crave.

The constant news of potential, growing deposits in the ground does not compensate for reliable time estimates and an understanding if how a plant will materialise without huge dilution (and god knows how many time estimates have been broken over the years with Ariana). Huge deposits in the ground count for little, Zinnwald, Savannah, Atlantic Lithium all show this.

Global Gypsum Magazine. Sounds a cracking read. Will go to WH Smiths in the morning, fingers crossed, eh?

I dip in and out of this board because its a proper giggle.

I feel sorry, very sorry, for people who have been enticed into this s**tshow and lost good money after bad.

DrJanOliver you are the worst offender. You have blindsided ordinary decent people by pompously pontificating on how qualified, what a noted academic, how brilliant your analysis is, how you really understand the company and how you know exactly what will happen here (all while proving time and time again that you are CLUELESS).

People are believing your claims. People are losing money because of you. If there is a shorter here then if you are as intelligent as you say then I suspect it has to be you. Stop posting your rubbish, given the evidence on here you are inept and are quite possibly committing an offence by offering what amounts to financial advice without adequate qualification.

For Gods sake man SHUT UP.

Oops. No rabbit.

I know what you mean as its worked for me a couple of times recently. Seems resistant today!

Slig

I agree, and one of the posters on Advfn who has many more shares than I thinks the same - add value in Zimbabwe, seek a JV partner and finance the plant that way. The time to production will be far greater if they cling to what I think is a forlorn hope of it remaining 100% Ariana. There were indications yesterday that the free carry situation may be resolved, which I would have thought would need to be definitive (preferably a specific written agreement with the company) to attract a JV partner on attractive terms. I go further and would happy with the Zimababwe government holding modest share in Dokwe because long term that may be avoid future conflict in what is still not my preferred choice of jurisdiction. Tharisa has such an agreement.

We all know Ariana timescales have disappointed in the past, I would love to be proven wrong by sticking to 3 years.

I am hopeful the worst may be over here though I am still concerned with the cash position especially, as you alluded to, our major Zenit partner may now divert earnings from the Turkish JV to Salinbas rather than distribute dividends to Ariana and Proccea. I would prefer to see any substantial ASX listing limited because of the dilutive effect which will hurt us long term shareholders, but at the end of the day some money needs to be raised.

I'm too old to have an opinion on Bitcoin! I still work things out in pounds shillings and pence!

Last post to as I am filtering you.

You have just proved my point. All you ever do on both boards is regurgitate previously published information, usually adding Wow! or something similar.

Just stop and consider what excited you yesterday. NPV rises because of a rise in the Gold price used in the basis assumed in the financial analysis. Well what a surprise. Who would have thought ..... well clearly not you.

You don't appear to have an original thought in your head, must have been an epiphany when you discovered CTRL C/ CTRL V so you could post swathes of text from other sources.

Now you may not agree with with things I post, in fact you clearly don't and that is your right. But at least I form an independent opinion on news as it emerges through RNS or in presentations. I support that opinion with reasoning, whether that reasoning turns out in due course to be correct or incorrect. if I am wrong I admit it. That is what a discussion board is for.

You should try independent thought sometime, its really fun.

Filtered, not because I am scared of your critisism or that I am upset by it. Filtered because you have nothing to add. So post away, fill your boots, get het up and excited. It will all be green to me.

Don't come on here being insulting, I disagreed with you, I didn't insult you.

Just stick to the other board where many treat your posts mindlessly supporting the company line as the share price shinks to a decade low treat you as a joke, and have done for years.

Post Reported

Not wanting to point out the blindingly obvious but you don't get the all the lovely profit you mention until you build a mine and a plant to get it out of the ground. And a 20 million market cap company has to raise the $82 +++ million to enable the mine and plant to be built. Maybe they can go to the Nationwide?

Assuming no major dilution or loss of control?

MC of Ariana even after this mornings rise is c. £20m. The CEO admitted this morning that previous estimated $82m cost of production facilities in Zimbabwe is now going to be exceeded, the tone implying this overrun would be significant.

Its unlikely that your assumption will be achieved.

Not sure what the point of questions is.

A question arose about JV dividends, whether they will now be paid and the influence they have as a minority shareholder.

Answer totally swerved, and diverted to having extended the life of Kiziltepe beyond plan. This was a crucial question their cash position is precarious.

The Australian market will open at whatever their market makers decide I think.

Does anyone know what the policy is about RNS's? When are they released with a dual listing?

Total agree Paul. Just let things settle then we know where we are

Bought easily this morning on iWeb.

Surprisingly level SP despite a reasonable number of trades. Seems the AIM market makers are pretty spineless and this is the start of the London market slavishly following the lead of the ASX each day.

Posted!

I have also postage questions. Not that I, or you, will get other than a bland reply.

They tend to be very selective with the questions they choose to address in these presentations. Now you can call be an old grump and a cynic of many years standing but I have half a suspicion that the the question you suggest will not get a look in!