Member Info for johnpwh

Hi VanVan
Indeed, agree with what you say. But despite the fact that it may well (in fact almost certainly will) be the making of this company, I don't feel that news from Salinbas is going to be the thing that ignites interest in the short term - it all seems too far in the future and the mass of largely technical data is largely incomprehensible to dimwits like me. I read the whole RNS and just conclude 'Duh that sounds good then''.
What we need is another RNS in the next day of so to keep the SP momentum going but I cant think that there is much we are expecting to hear at the mo, except possibly the inclusion of Kizilcukur and Invindri into the JV? That is doubtful until the deposits are greater understood and I suppose probably better for AAU if such an inclusion is delayed. Maybe just a shedload of piccies on Twitter of Salinbas would help the momentum?
ShinfFalls
Nice to hear your enthusiasm, I wish you luck with your investment. Posters on this board have been here so long (been through the mill!) that they pretty much know this company and its prospects backwards, so don't be surprised by lack of reaction to your posts. ALB, I do believe the only way is up....maybe!

Claret
Sorry to disappoint on the state of my bank balance but the object of my desire wasn't the E type (I wish!) but a very early Caterham 7, built just after they took the licence on to build the 7 off Lotus! Just off for my usual breakfast gruel...

Morning hairy (if I can call you that)

Yep, I don't pretend to understand more than 5% of the geology but the words 'pleased' and 'excellent' jump out of the page along with 'Our next phase in the drilling programme comprises 2,000m of RC scheduled for Q2 2019, funded utilising existing cash and operational cash flow'.
As others on the board know I messed up on Marl too so you are in good (?) company.
Seems to me that the last few days have been an attempt by the BOD to raise the profile a bit, give the SP a bit of momentum. The publicity on the site visit, the production update and its subsequent interviews, now this. Finex today as well. Lets hope that leads to less knocking of them on the boards.

Tis remarkable looking at all the ships pointing towards the Red Sea. I've dived there many times and always thought it a paradise of clear blue water full of exotic marine fish, turtles, coral and sharks.

Now all I can see are smelly boats

Hi
Just catching up. Assume you have all heard this, I found it on Twitter? Nothing really new but clarifies things a bit.
Night all

https://www.brrmedia.co.uk/broadcasts/5bc5ec08269b0c1ded189ff4/ariana-reources-q3-production-update

Thanks PG
Clearly as I thought I don't know much about VAST.
See the better SP brought out some enthusiasm amongst posters!
Out all day at a viewing of classic cars for the H+H auction that takes place tomorrow at the Imperial War Museum Duxford. I was there to look at one car but was surprised at the lovely cars there. Can you believe a very very early flat floor 3.8 E type, perfectly restored, at a guide price of £380,000?

Does seem to be ploughing its own furrow. Lots of ships closer in. Cant imagine its a question of draft?

Had a quick read of one of the peers mentioned in the last presentation, VAST. Operates partly in Zimbabwe which I wouldn't like - and owns a mine called Eureka which is just plain silly. The Final Results published September didn't inspire with lots of write offs etc. They apparently produce less Gold than we are likely to this year, and from my quick read is making overall losses. I cant claim to have read particularly closely but seemed not to be worth 250% of AAUs MC

I have to side with johnnie on this.
No one is as hopeful and enthusiastic about HURs prospects tan I am. But if this were a risk free, nailed on, dead cert that widows and orphans could put their last coppers into then the SP would be £2 by now

Claret
If its 4p by Christmas I would run over Ironbridge starkers. Unfortunately I know I'm safe from that truly appalling thought.

Good post on the other board from Dic pointing out his interpretation of the Dr S interview I missed. The implication was that there is 12 months mining left plus around 6 months already mined in the stockpile, so yesterdays talk of 12 months high grade ore from Arzu South before moving to lower grades from various satellites seems pessimistic.

Think 4p by Xmas 2018 is more than a bit hopeful, but would make me happy!
I shall be conservative and say 2p is possible, if unlikely, with a strong POG and some decent press coverage.
Smiley face this time. Night all

Motley Fool likes Hurricane?
That's the kiss of death then. The boat will sink tomorrow.

Not here to offend anyone to be honest!
I'm primarily here to chat on the subject of AAU, but its also nice to get diverted onto other stuff, whether its wine, cars or Trump ( I hear now he is blaming the death of Khashooggi on 'rogue killers').
What I wont do is get personal and argue. I try to keep things light, where's the point in being miserable with each other?

Hi DJ
Been a funny day. So full of hope after the RNS and interview but at the end I kind of feel that tomorrow is likely to be the same old same old. Made worse because I am on a 'dry' day today, which I try to do at least 2 days a week. So I may come across a bit tetchy!
Struck me how different Centamin and Ariana are - the former I sold because it kept going up for no apparent reason. With Ariana it is the opposite, it keeps NOT going up when there are numerous reasons for it to do so!
Anyway, glad you've heard of an Astra, we too have people who tow little cars behind camper vans. Usually things like daft 2 seater Smart cars as UK roads are a bit small for proper Winnebago's.
Must have been fun cruising through the desert without air con!
I only use buying a Porsche as a cliché really. Before I 'pop me clogs' I would like a bonkers car that makes a nice noise and uses an obscene amount of petrol. As I have said before I do have a Lotus Elise but its doesn't sound awesome as only a multi cylinder (number of cylinders >> 4) can. We shall see!

Hi Paul
Pleased for you, really am. I bought CEY for the first time 1st July 2004 at 8p. Then saw it go up and down, through the Muslim Brotherhood years in Egypt, through the trumped up Court case when they tried to dispute the area available for exploration. Made a tidy sum trading it for years then bailed at about 80p after it had crashed from 170p to 35p. I figured it had recovered too quickly, with complete lack of reason either from increased company prospects, resolution of the court case or the gold price. Nope! kept going up after I sold!
Contrast that with Ariana, first purchase (thankfully modest) October '16 at about 1.85p. Thankfully averaged down since. In that time AAU has gone from explorer to successfully becoming a producer, on time, on budget. Output from the processing plant gets better each quarter as does revenue. More gold found everywhere Dr S looks. Another processing plant about to be developed. Success at every turn. And the share price now has moved from 1.85 to - well I don't have to say do I?!

Anyway its going to be different wit AAU from now. Its going to start going up tomorrow and its going to increase every single daily thereafter.....probably!

Good interview, well worth listening.
Nice to hear these c.5 g/t grades should continue for at least 12 months, with a greater period implied.

Know where you are coming from OD
But...………
Twice (relatively) recently have grown impatient and sold out of shares prematurely. Else I'd have the Porsche I want rather than a diesel Vauxhall Astra (DJ, an Astra is a quaint European compact sedan, sold also an Opel Kadett. Pretty sure a version was marketed as a Buick but American consumers decided that even they weren't that desperate).
The 2 were fairly reasonable investments in Centamin Egypt (think that's right, I never could get the spelling right) and Mariana. Both times I bailed out slightly too early and made half the profit I could have.
Don't want it to happen again!
I did mean what I said earlier. After sitting myself in a quiet padded room and having a serious think I do feel I wouldn't be averse to a takeover bid. As long as I make a decent profit i would be open to it. I am turned 60 now (cant bring myself to say 61) and frankly watching paint dry isnt something I have enough time left for!

I agree with you VanVan.
I believe that this company is simply just unloved. Maybe it will take a higher SP/MC before the press get hold of it and we see it tipped in the Questor column or in the Tory ladies favourite the Daily Mail. Then it may well revalue. But it seems sort of chicken and egg - no coverage until SP/MC climbs, and that wo'nt climb until there is more coverage. Darn it!
I remain invested because of that - the company is overlooked, the SP is not being kept down by a scheming, untrustworthy BOD which some posters seem to believe. Although overall more cynical than you probably, I do share your view that provided positive news flow keeps coming then one day the market will wake up - provided a takeover, either from an external party or the BOD, doesn't happen first. And I do believe that the BOD, with a significant shareholding between them, plus a full understanding of the company prospects, may consider that action if the current SP/MC continues.
Claret
We share your pain. Shame we all don't live in the same area then we could go to the pub - I'm sure its opening time!
I don't really believe the share price has shifted at all - trouble with a tiddler like this is the bid offer spread is a silly percentage, so the SP reported seems badly influenced by whether that last trade was a buy or a sell. Makes for interesting daily graphs:
https://www.google.co.uk/search?ei=ns3ZWuq4FMOUgQaSlrCwDg&q=Ariana+share+price&oq=Ariana+share+price&gs_l=psy-ab.3..0i7i30k1j0j0i7i30k1l2.33899.44297.0.47539.8.7.1.0.0.0.132.831.0j7.7.0....0...1c.1.64.psy-ab..0.8.870...0i7i10i30k1.0.eX34AzMBVlg

So gold production YTD 4866 + 7171 + 7588 = 19625 oz.
Carcosa on 'the other board' says that our broker Panmure Gordon have stuck their necks out, gone a bit wild and OTT with their forecast and pushed out their 2018 production forecast to 21900 oz. That's a full 2275 oz in Q4.

Unless I am miscalculating I would say that with a broker like that who needs a deramper?

I can spell by the way. My laptop doesn't like ' '....sorry 'h'. So as you may have noticed my posts are usually missing a few!