The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Welcome any Starvest shareholders to Ariana Resources.
Tomorrow we have a presentation from our CEO Dr. Kerim Señor who will give this in The Hilton next door to "Mines & Money". Go along if you can.,
We are looking at having two gold/silver mines running concurrently (Kiziltepe & Tavsan) from the middle of next year. Whilst we only own 23.5%, the numbers are going to be very positive for AAU with lowest quartile operating costs.
We have a number of other exciting projects at various stages of development and in different jurisdictions to mitigate risk, which the presentation tomorrow will no doubt explain. Look out for Salinbas/Ardale, Hizarliyayla, Kosovo, Project Leopard, Venus Minerals, Asgard etc. Lots to get your teeth into. &
With Kerim & Zack.
https://www.youtube.com/watch?v=jaxLfAUPkrw
Rob Tyson Interview up
Thanks Zarro
Out of interest Ariana have a presentation on 30th Nov.
From their RNS
Attendance at Mines and Money London @ Resourcing Tomorrow
Corporate Presentation
Ariana Resources plc ("Ariana" or "the Company"), the AIM-listed mineral exploration and development company with gold mining interests in Europe, is pleased to announce that it will be attending the Mines and Money London Conference @ Resourcing Tomorrow, which takes place on 28 - 30 November 2023.
The Company will be available to meet existing and prospective stakeholders and all other interested parties on Thursday, 30 November in the Angel Suite Conference Room at the Hilton London Angel Islington Hotel, 53 Upper St, London, N1 0UY. The hotel is adjacent to the Business Design Centre where the conference is taking place.
The Managing Director, Dr. Kerim Sener, will provide a corporate presentation at 1:30 pm on Thursday, 30 November at the same location. The presentation will be made available on the Company's website shortly after the event.
To attend the corporate presentation or to enquire about meeting the Company on the day, please contact: arianaresources@yellowjerseypr.com.
Courtesy Philby1 on ADVFN
Malcy's thoughts;
This is good news from San Leon, obviously the first payment having been received is a major step and the rest of the pieces of the jigsaw will fall into place. This includes TRAM buying a stake in SLE at 30p with further options higher up, and paying off Toscafund and creditors.
But it really is only the start of the next phase for the company, plans to buy a bigger stake in ELI opens up San Leon to the valuable pipeline and infrastructure system from OML18 with concomitant increased profitability.
The combination of all this means that when the shares return from suspension, shortly it seems there is considerable upside from the last time they were traded. I interviewed Oisin Fanning when the deal was announced, in case you didn’t see it I repeat that interview below.
Core Finance CEO Interview: Oisin Fanning, San Leon Energy
On Twitter this morning:-
Base Titanium congratulates the Cabinet Secretary for Mining H.E. Hon. Salim Mvurya, EGH on the lifting of the 4-year moratorium on issuance of prospecting and mining licenses.
This is an extremely positive step for the future development of Kenya’s mining sector.
Thanks - nice
Always best to make investing decisions from robust sources and take care never to be a lemming, as is so often the case. Do your own research so you are confident to see through inappropriate noise. Sorry if that is teaching grammar to suck eggs but yesterdays sell action was a classic.
I hear the interview should be out tomorrow. I also hear that Kerim is talking about introducing a proper regular dividend from end of 2024/early 2025.
This is my post on ADVFN this morning.
This could be a transformational point. If your were thinking about investing knowing a dividend is coming is a great buy signal in my opinion.
First it tells you the Co. is confident about future free cash flow and secondly it means you can expect the value of the Co. to increase.
So you win two ways - dividend and capital appreciation (share price re-rate).
Backed by very exciting fundamental developments like a second mine going into production and moving up next year to nameplate output (Tavsan), the existing mine (Kiziltepe) extending its life with potential for underground developments, an IPO of a key investment (Venus Minerals) and of course the potential for significant gold/silver discoveries, not least at Salinbas and Hizarliyla.
That is a pretty powerful mix especially when the Co. is current significantly undervalued. Let's see what Tom & Kerim reveal tomorrow but I see this as the start of a confirmed short/medium/long term re-rate of the shares. DYOR
You know we were expecting an in depth interview between Tom Winnifrith and Kerim, well I learn from his recent "Bearcast" that it was underway when he suffered a computer glitch and lost contact.
Tom states he is hoping to conduct it again with Kerim on Wednesday even though Tom is away in Greece.
So perhaps we will also get that at the end of the month.
Are you aware that the WH Ireland "FIRST LIGHT" notes are available on the web site under Analyst Coverage.
The latest one issued 15th August titled Ariana Resources - Corporate - "Current exploration & development at Kiziltepe" has this summary - "WH View"
" Today's news is encouraging as Ariana continues to explore the resource potential of its key asset. Kiziltepe has already far overdelivered on initial mine plans and we believe that further resource potential remains, if proven this will extend the life of mine and boost our forecasts. For now, we maintain our fair value at 5.5p per share."
So that is encouraging - "boost our forecasts" .
AAU has decided to be one of the Gold sponsors for the Society of Economic Geologists 2023 Conference being held in London 26th - 29th August.This Conference looks very exciting to me. Don't you agree?
Basically Ariana is presenting on four key aspects of our business.
If ever there was an opportunity to explain the potential for value creation and help the audience understand the story , this must be right up there.
1. Venus Minerals and its advanced copper-gold-zinc project at Magellan,
2. our expanding resource at Red Rabbit ( Kizilcukur),
3. our exciting Hizarliyayla drill programme (similar to Hot Maden)
4. our second mine at Tavsan.
Zack van Coller ( Special Projects Geologist, AAU) is giving a presentation on 27th entitled Copper Mining and Extraction in Cyprus - from Ancient Heritage to Green Future.
On Monday 28th Sinem Oguz is presenting " Understanding your deposit better using big data - A case study from Kizilcukur, Balikesir Turkey. Geoscientist for AAU?
There is what's termed a Poster Presentation by Berlin Ugurlu (Exploration Manager, AAU) titled - " Operating on the frontier of discovery: Utilisation of a multi-disciplinary exploration approach at Hizarliyayla, NE Turkey.
And finally Furkan Oguz has a Poster presentation titles -" The formation of auriferous jasperoid under the control of multi-stage tectonics at Tavsan, West Turkey.
I hope copies of these four key presentations will be made available to all investors.
Tom Winnifrith suggested he would release an interview with Kerim on 14th so look out for that.
The Production Results are due as came out last year on 3rd I believe.
Ariana tweeted this interesting information recently as well.
Ariana Resources plc
@ArianaResources
Preparation ahead of the initiation of the BRICS gold backed currency?
https://twitter.com/ArianaResources/status/1689109685222379520
I discovered today that my first purchase of Ariana shares was on 2 August 2010 when I purchased 27,556 shares at a price of 2.6p price per share and a total cost of £734.99.
13 years almost to the day and almost the same price. Not sure if I should laugh or pull my hair out!
Sorry to hear about your hospital visit. Hope all is ok. I had my Gall bladder out earlier in the year which has improved my digestion no end. Removed pain of gall stones as well.
Nice to see AAU blue today.
Hi John
Have you been able to read & study the 30 page WH Ireland Broker report available on the Co's web site?
I'm also feeling more positive, seeing some nice upside from the current undervalued position. I look forward to hearing the Tom Winnifith interview. Hope you are well. Cheers
My post under handle PLasybryn on ADVFN
The third video is out in the series by BizTech Academy - Steve!! Find it on YouTube
About 8 minutes
He is bullish but agrees the fact the debt hasn't yet started to reduce and steady state from Kourossa, that some optimistically hoped for in this latest RNS, wasn't confirmed (probably Q4) means the share price will go sideways for now.
The key here is debt down, share price up. Simple as that. If the gold price also increases in value and AISC numbers are kept below guidance, the turn around looks nailed to me and that could start in late Q3 onwards imo.
The guidance of 85,000 ozs for Yanofilia in 2023 looks likely to be exceeded as well, given in H1 they achieved 60% of that.
So looking forward, even fairly short term, the picture looks potentially very bright here to me. This is probably a great price to accumulate. DYOR
Tom Winnifrith to apparently interview Dr Kerim Sener on 14th August.
Should be a good in depth interview based on how good the last one was with Tom. Like him or loath him, he is invested in AAU and knows the business well. He also knows Kerim going back perhaps 15 years. He knows the right questions to ask and won't be Woke!