Member Info for johnpwh

Magpie

Welcome to Ariana.

This pattern after an RNS has been happening for years. Initial mild euphoria followed by a drift back to normality.

The news was out in Australia prior to their opening so not just this morning. Same with the immediate removal of office of the mining minister, Who knows, maybe he was bonking the Presidents wife?

I don't know what to think, market doesn't either judging by its zero effect on the SP in Australia with virtually no volume.

The UK market looks like it may end up fairly unchanged on the day after an initial rise.

The were 2 pieces of news, the sacking of the mining minister in Zimbabwe and and his replacement with someone younger with actual experience as in the mining industry (is this good or bad news for the new mining laws?), and this tie up with a Chinese company.

China as a country looks to be on good terms with Zimbabwe, and is a powerful nation, which may alleviate the political risk of African assets possibly. I can't see having a Chinese representative on the board being a bad thing either, will they just sit there and let Sener and De Villiers continue with their all talk and no real action behaviour for ever and a day? I do note the inclusion of some upbeat remarks about the DFS and getting into production asap, which of course we've seen before but not with a board presence who may be holding a bigger stick to drive it.

So overall, possibly a dangerous new partner, but one that may give the kick up the a*se this company so sorely needs because something like this had to happen due to AAUs hopeless management. I just pray it proves to be benign and positive.

I would be surprised if this doesn't end in a Dokwe JV or a takeover, but I still can't see us getting particularly rich which we once thought we would.

For once I sit firmly on the fence, lets see what happens.

Stranger

Very much respect your views as ever.

I hope our luck changes and things pan out the way you suggest. I most of all hope that the drilling ceases at Dokwe and the DFS is prioritised as was promised but has since been reneged on.

Don't forget that much of the money received from the appalling 2019 Ozaltin deal was squandered in 'special' dividends, consultants and fees. Without the Ozaltin deal we would have had 50% of the Kiziltepe production in the last 5 years, and into the future not 23.5%, and would be looking forward to 150,000 + ounces of Tavsan gold at around $2500 gross profit/ounce rather than around 75,000 ounces.

Ouch. Big, big ouch. Don't work the figures or you will realise just how catastrophic that 2019 JV was.

Furthermore Dokwe was a share swap with Rockover, so wasn't really helped by Ozaltins intervention one iota.

Sorry people don't like to read what I put here, I really am. But I write the truth and as a shareholder myself I sincerely wish I was wrong more often. To date I don't believe I have been wrong other than once stating I had met and liked the management.

Here we are again. peak to 1.7p on Wednesday and now back to 1.5p. Two straight days down in Australia.

How many times does this need repeating until the penny finally drops that the market is calling for a management change because the market has no confidence whatsoever in the ability of Sener and De Villiers to raise capital and exploit the undoubted assets this company has? Shareholders must vote against their re-appointment to send the message loud and clear.

Agree. I went to the 'spoons on New Street Station a 10am yesterday for full english and I think 3 coffees. Group of 4 of us, this big pub was so full we had trouble finding anywhere to sit together. Good service, good food and good coffee. Was also very pleased to see more that one member disabled staff being gainfully employed.

Wow Yarg.

And lets have a look at your posting history to see how your have demonstrated your deep understanding of AAU.

There are none.

Since you have nil to contribute, its the green room for you. Bye. Kindly filter me in return, I mean you wouldn't want to learn anything would you?

Well said Van

Stockboy

Yep, 6 years ago and the company is yet to recover fully. Don't forget that control was also given away, and to a company which I am convinced doesn't give a flying f*** about you or I. Tick up for you!

I assume this heading originates with one of my green friends?

I have nothing to say, why would I? What has changed over what we already knew? The shares have gone up because first pour has happened at Tavsan, and about bloody time. Depending on which barely believable presentation you read I would say this is approximately 3 years after it was promised by Sener (and I see the first pour at Salinbas that was promised in presentations for 2025 until to 2 years ago hasn't been announced. Well there's a surprise.).

How did ASX increase over 14% overnight but no RNS released until 11am UK time, 4 hours after the accepted release time for such things? Does my green friend have an explanation? Is Ariana a bit of a leaky ship when it comes to Seners friends in Australia?

Doesn't alter my opinion one bit. Undervalued on consideration of assets which is why I am here. Held back by an inept management which is unchanged.

I was actually sad to see the content of the RNS that finally appeared. I hoped it signified buying that would lead to a bid.

Problem I had with him was that he ramped this for so long, so hard, and emphasizing his apparent qualifications as an 'expert' that he very likely enticed people to invest and subsequently lose money here. I called him out a long time ago because I was worried about people being taken in with his bull. Anyway, water under that bridge I guess.

Sorry everyone, truly am as it has happened to me before a few times. But it has been obvious for months.

Whatever happened to self proclaimed expert and business guru Dr Jan? Or did he just disappear into his own ego trip?

What is you problem unless your conspiracy theory includes ASX? Arbitragers will keep them more or less in line, I don't see the problem unless you want to sell.

1.35p to buy 1,250,000 quote. So am I still the unrealistic pessimist, or am I virtually the only one who is right about deluded Sener?

Carrington

I am surprised at the SP movement over the past few days, delighted in fact! I assume the market in general was expecting a worse attack on hospitality.

GLA

Is apparently going to announce an above CPI inflation rise to minimum.wage tomorrow. Labour arr determined to destroy hospitality in particular and the UK economy in general.

Virtual zero volume on ASX for several days? Another plan working well then.

Hi Slig

As I think is obvious I don't have a problem with the assets, or the geological expertise. I simply don't have faith in the management as businessmen. It has to be said I am not the only LTH who has now, reluctantly, reached that opinion.

Think its where we differ.

Lets revisit after we see the results of the current drilling campaign, and what is subsequently said. Maybe I will be surprised! Also to keep in mind is the progress of the Mining act through the Parliament, as there will be a question mark over how that may have to be amended as it progresses.

$4500 - $5000 PoG would help too.

John

Phony

If you don't like it don't read it. Filter me, in fact I want you to.

I don't agree with the conclusions Slig and Stranger have reached but very much respect their knowledge and research.

People like you might do better in doing some analysis yourself, show some deep company knowledge and business acumen to suggest a way forward. But you don't. Instead you make superficial remarks about others that do while the company descends further and further towards 1p.

Headphones on, hands over eyes while virtually the only quoted gold company that hasn't at least doubled in price YTD goes down 30% in the same period.

Congratulations on the name, really suits you. Green bin.

Come off it

Tavsan has become operational years and years and years after promised. No plaudits are due for that, more a question of why time estimates are continually missed - their estimates aren't even in the right ballpark. Dokwe was promised as 3 years in 2023 or 2024. That wont even happen in the right decade.

DFS expected 2026. Yes and pigs just flew past my window. Lets talk again next October 2026 and if necessary I will be more than happy to give a truly grovelling apology, seriously I will. Remind me then.

Drill baby drill. Fully funded for now but tell me what happens when that consumes all the available cash. We are sub 1.4p so a nice dilutive placing, say £10 million at 1p? A third more shares in issue so that Sener can then immediately announce some more holes desperately need drilling. How will that affect our % of the company that you and I hold?

Ariana has said Zenit will pay dividends to the JV partners. Ariana has said. Whose CEO has a tenuous relationship with the truth at best. Ozaltin has 53% of Zenit. Ariana is a minority shareholder since their farcical decision in the great Christmas 2019 asset giveaway, so how can we be sure of getting anything without a begging bowl with their 23.5% holding? Even if a distribution is made it will only be a proportion of distributable funds, paying wages and keeping the lights on will munch up a good proportion of that, so how is that going to be anything like enough to scratch the surface of Dokwe development where even a small production facility, at a guess because we have had little but vague disparate guesses so far, is likely to cost £70m or more?

I hear this theory that the market has got it in for Ariana too often. How many times have we heard that market makers are playing games? I thought ASX was supposed to sort out that suspicion, but am I now expected to believe that ASX professionals are playing games too? The markets are simply saying they don't think this management can exploit, or even show any hunger to exploit, these assets and there are better opportunities elsewhere.

I admire you research and your optimism Stranger. But with years of experience with the bullsh*t fed from Sener I find no room for optimism and even less that this situation is likely to change for the better any time soon without a bid (successful or not because even a failed bid will focus attention provided it gets significant support) or, preferably, the announcement of a JV at Dokwe. Sadly the latter will require the proactive buy in of the BoD which will not happen because the enfant terrible sees himself as the leader of a half billion MC company. And that ain't gonna happen.

For anyone disagreeing about the attraction of a bid, is 1.95p to 1.38p is just over 4 weeks not enough to convince about what 2 different stock markets think is the future of this company, and the chances of exploiting Dokwe, while under the control of this inept management?