Member Info for PAUL1DEANO

We need clarity on the structure of the arrangement then,

'we won't get any income unless Venus pays dividends.'

This is just cynical now, the Directors have a fiduciary duty to act in shareholders interests. Why would Venus not pay any dividends surely this will be some form of a written contract. Yes it would be nice for some further details to be released on how all this arrangement works.

Why has a cloud of negativity suddenly blown over?

We have survived a military coup, rode out the 'pandemic lockdown' and been geopolitically next door to a military incursion by Russia which has seemed to have realigned the world order and energy distribution.

There seems a choice either sell and sail away, part sell or totally sell and stop posting negative waves on here. Just knock it off with the negative waves and look how beautiful things are right now!

https://www.youtube.com/watch?v=0AEj3LA2vSo

That is a very good interview, Nicole exudes an air of determination and direction.

I would not like to get on the wrong side of her.

The presentation and level of professionalism also gives me confidence.

Looking forward to the news on the Uranium prospects and licences now.

“Venus is focused on the exploration and development of copper and gold assets in Cyprus and is 50% owned by Ariana”

“Venus has completed definitive and binding agreements with Hellenic Copper Mines Ltd ("HCM"), and contractor the Iacovou Group in Cyprus for a 50:50 Joint Venture for the development of the Apliki Copper Mine ("Apliki"); Venus will appoint the CEO of Hellenic Apliki Mines ("HAM"), as operator.”

So AAU has a 50/50 split with Venus and this entity has a 50/50 split with Hellenic.

So does this mean we walk away with 25% and not dividends?

Effectively we are a quarter owner our expertise is telling Hellenic Apliki where to mine and they go there and get the stuff out of the ground in the remit of their expertise. Venus own the rights to the ground and no doubt deal with all the legal issues and Cypriot administration and that is their expertise.

Looking at the bigger picture, we have derisked out of Turkey but still gnawing away on the Tethyian belt in countries with Turkish vocabulary as an exploration company.

The strategy could not be any clearer.

There is the opportunity to use the dividend to buy shares in the Venus IPO.

I guess it all depends on personal circumstances and timescales but Burnley could get relegated and promoted within this timeframe.

https://www.youtube.com/watch?v=Q62sYuKRrDc woof woof!

News flow – leveraged for success
PROJECTS
NEXT STEPS
Ragged Range Project, Pilbara, Western Australia:
Lithium exploration
Follow up drilling - Sterling Gold Prospect Nickel geophysics & drilling
Alford-East Copper Project, South Australia: Drilling & hydrometallurgical studies
Molyhil Tungsten-Molybdenum-Copper Project, Northern Territory:
Diamond drilling results – resource upgrade potential
Wedding Bells-Uranium and Vanadium Project, USA: RC drilling subject to drill permits
Focussed on copper resources, plus lithium, nickel gold & uranium discoveries

Seems like a lot more drilling to do, did Mick ever have his black & decker whirring or was it a fantasy?

OK Ive been thinking, so the EU is a swap line nation and Cyprus operate in the EU, what is the process of realising the money for the copper and gold in Cyprus does it go direct to their refinery and we get paid in Petro Euros?

If so excellent new.

Kosovo although not in the EU use the Petro Euro as their National Currency and are in the process of joining the EU, ha ha little do they know!
https://www.intellinews.com/kosovo-announces-plans-to-apply-for-eu-membership-229391/

So potentially two swap line nations there.

Now here is the beauty of Ariana, it has a finger into Kazakhstan playing the Russian side of the equation and their national currency is the Tenge. I presume we would just swap that into US dollars or most likely the petro Euro upon payment for whatever service we are offering out there. Should be plenty of petro Euros floating around if China are paying Russia in petro Euros for gas and oil and hopefully Russia will trade with Kazakhstan in Euros now. I am no expert in these matters so please correct me.

How many miners are positioned to play out the above scenario on both sides, more through fortuitous luck than anything else, but we just need a long term horizon.

Anyway talking of having a fingers in both pie holes, how have your weekends been salty and sloppy, any concerns you wish to share woof woof?

Just for balance I thought I would try out Marin katusa's thought on matters.

https://www.youtube.com/watch?v=I7xZ3xsg7U8

Is his thesis right?

Pay attention to 3 mins 40 secs on where he mentions countries grappling with inflation.

'Looking at your posting history you are not invested here then?'

who me?

Oh yes I am, why ask such a question?

India buys Russian oil despite pressure for sanctions
https://apnews.com/article/russia-ukraine-business-europe-middle-east-india-ad0ad81c4e7003f62a00af842513b435

India buys Russian oil despite pressure for sanctions
https://apnews.com/article/russia-ukraine-business-europe-middle-east-india-ad0ad81c4e7003f62a00af842513b435

Oh Joe Biden what a mess you seem to be in and we all knew it was going to end in carnage under the democrats.

https://www.ft.com/content/a5ee2d6b-693f-475d-80c6-0036c2657ef1

Our politicians are a waste of time considering this,

"For people getting excited about sanctions on Russia I hate to break it to you but this is all propaganda. The sanctions harm the West much more than they do Russia.
Russia has a COMMODITY based economy. It derives it's income from commodities and so when the prices of commodities go up - Russia's income goes up. And right now commodity prices are at all time highs across the spectrum.
The US, the UK and the EU are CONSUMPTION based economies however. We produce very little of our own energy and industrial needs. So for us, when commodity prices rise we suffer greatly.
All we have done to Russia is refuse to buy the commodities that we depend on and have no alternative too right now. China and India and Korea have all already agreed to buy those unbought commodities however so Russia loses nothing.
We on the other hand, now have real problems, like a 300% price increase year on year on gas, or a 500% price increase on fertiliser used by our farmers to grow our food YoY. Last week we saw Wheat prices rise 34% in a single day, Oats 13%, Rice 10%.
These are the kind of problems that lead to mass hunger and poverty and our leaders simply ignore them. The West is broke and about to face some real serious hardships for which our governments seem to have no answer to.
Disorganised, short sighted and more interested in playing woke politics by cancelling 'Russian things' and virtue signalling how 'compassionate' they are - all the while their own people are about to starve and freeze.”
~ Amber Marie Hill

A positive for commodity investing,

"For people getting excited about sanctions on Russia I hate to break it to you but this is all propaganda. The sanctions harm the West much more than they do Russia.
Russia has a COMMODITY based economy. It derives it's income from commodities and so when the prices of commodities go up - Russia's income goes up. And right now commodity prices are at all time highs across the spectrum.
The US, the UK and the EU are CONSUMPTION based economies however. We produce very little of our own energy and industrial needs. So for us, when commodity prices rise we suffer greatly.
All we have done to Russia is refuse to buy the commodities that we depend on and have no alternative too right now. China and India and Korea have all already agreed to buy those unbought commodities however so Russia loses nothing.
We on the other hand, now have real problems, like a 300% price increase year on year on gas, or a 500% price increase on fertiliser used by our farmers to grow our food YoY. Last week we saw Wheat prices rise 34% in a single day, Oats 13%, Rice 10%.
These are the kind of problems that lead to mass hunger and poverty and our leaders simply ignore them. The West is broke and about to face some real serious hardships for which our governments seem to have no answer to.
Disorganised, short sighted and more interested in playing woke politics by cancelling 'Russian things' and virtue signalling how 'compassionate' they are - all the while their own people are about to starve and freeze.”
~ Amber Marie Hill

What with Turkey supposedly going cashless in 2023 in their 100 year anniversary and they are still trading with Russia, there are a lot of positives in remaining invested.

Maybe the digital lira gains some strength, maybe it does not as the Turks may want a cheaper Lira as they are an exporter nation. It's just that runaway inflation that needs curbing, but is there some cunning behind this?

I feel there is a great future for Turkey if it can detach itself from the US/EU sphere and look to BRICS, what would be even more desired is BRICTS.

https://www.youtube.com/watch?v=KGmm8pAta3I

I'll be dumbstruck to,

Never mind lets hope Nicola gives a good presentation at Master Investor tomorrow.

the trouble is the planning inspectorate agrees with the applicant and so does highways, where does councillor walker even begin?

Maybe he can personally invite greta in on some fossil fuel powered contraption and he she can tell the secretary of state her future has been stolen!

"multiple near-term production projects and a highly prospective exploration and development portfolio, we have expanded our interests across multiple jurisdictions. In Eastern Europe, progress is being made by Venus Minerals in Cyprus and by Western Tethyan Resources in Kosovo. Throughout 2022, we will also continue to investigate and evaluate new potential investment opportunities through the Asgard Metals Fund that the Board believes will generate significant value to the Company in the long term."

So this is a long term hold for the impatient amongst us, stick it in your kids SIPP or junior ISA.



"These activities not only diversify risk for Ariana shareholders during prevailing market uncertainty, but also increase our exposure to high-value potential assets across the globe, in line with Ariana's longer-term ambitions. Reflecting on our achievements of the past few years and considering the outlook for Ariana for 2022, we are confident we are on the right path to benefit the Company and its shareholders in the years to come."

Hmm across the globe so where is that a reference to, is Kazakhstan still simmering in the mind or are we looking elsewhere. The 'years to come' is telling to, should I stay or should I go?

Cyprus is a big project and I desire news as soon as possible.

"Once this has played out, whichever way it goes, I'm totally done with AIM, as it seems the deck is always stacked against us it seems!! :-("

To be fair dear chap we hit a peak at the end of Dec 20 then a head and shoulders formed then it hit the 100MA and there was a signal to sell at 26p. After all the rise from Mar 20 to Dec 20 was too steep, that is when the smart money sold out.

I am the dumb money as I held on and getting annoyed how I declined to hit the sell button.

Never mind I am locked in now and will never sell until this has played out.

I am invested in POW, ECR and THR it's like smoking' crack is AIM listed stock.

Is it me or was that the vote???

4 - 1

is it 3 for and 1 against so far?

8 more to go.