RE: Updated Projections2 Nov 2019 18:11
Even though Ariana is London listed it's still too Turkish to mine is Greek Cyprus perhaps, its a very sensitive area.
Just googled in on Troodos Mountain, its a mine scarred top.
Im not too sure what the implications are of mining in Northern Cyrpus since the gold will end up at the Istanbul refinery, would some of it filter through onto the international markets? The Greeks will be up in arms and it will become a political hot potatoe and have an adverse effect on the share price. As I think of it more a London listed miner listed on AIM mining in Cyrpus alone will have the Greeks raising issues about it, so it has to be Greek Cyprus.