I’m going to discount Salinbas, Ardale, Hizzy, Venus IPO, Dokwe DD, Kosovo drilling etc and tell you why i believe the value of AAU will increase significantly in 2024.
1. The Resource at Tavsan will be increased and the LofM extended.
2. The Resource & Reserve at Kiziltepe will be increased at the Lof Mine extended. I expect we will have 2 mines running in tandem for 2 years or more.
3. Tavsan will start production Q2
4. A dividend stratgy will be announced
5. Global resource will double.
Any Starvest holders who receive GGP & AAU shares might have seen the
very exciting RNS yesterday morning from AAU. The already paid for second gold mine - Tavsan, is on schedule to start production in Q2 and this should mean dividends are in sight. Also drill results indicate an expended LofM.
The Co have separately also indicated that the existing Kiziltepe gold mine life will be extended. What a great time for Starvest shareholders to come by their AAU shares.
Happy Christmas John & other posters.
Don’t post here much these days, as it been pretty depressing but i really think 2024 is going to be different. I will be delighted if the regular dividend gets announced and Hizzy is proved to be a second Hot Maden. I expect that to be sold off alongside other assets which proved up, all resulting in special payouts to shareholders. You can see i have very rose tainted glasses. But one can hope at this time of good cheer. Good luck everyone. Have a great healthy Christmas. Thanks for all the valuable contributions.
Kerim in the RNS
"We are currently working on revisions to our geological model based on the new data, which will ultimately contribute to a revised Mineral Resource Estimate. This in turn will be used to update production and development plans during Q1 2024, and we remain on track for first gold from Tavsan during Q2 2024."
Very exciting RNS this morning. Paid for Tavsan, the second gold mine, is on schedule to start production in Q2 and this should mean dividends are in sight. Also drill results indicate an expended LofM. What a great time for Starvest shareholders to come by their AAU shares.
Base Resources will host two investor briefings to discuss the outcomes from the Monazite PFS on 19 December 2023 at 8.30am and 5.00pm (AWST). The briefings will be hosted by Tim Carstens (Managing Director), Kevin Balloch (Chief Financial Officer), Stephen Hay (General Manager – Marketing) and Andre Greyling (General Manager – Growth).
The briefings will be by webcast and teleconference. Details for accessing each are below. Participants will only be able to ask questions via the teleconference line. Participants that propose using the teleconference line will need to pre-register their details using the teleconference registration URL provided below. Upon registering, participants will receive an email with their unique PIN and dial-in details so that they can join the call on the day without needing to speak to an operator.
Australia webcast and teleconference
Date: Tuesday, 19 December 2023
Time: 8.30am AWST / 11.30am AEST
Webcast URL: https://webcast.openbriefing.com/bse-mu-2023-au/
Teleconference pre-registration URL: https://registrations.events/direct/OCP60911
UK webcast and teleconference
Date: Tuesday, 19 December 2023
Time: 5.00pm AWST / 9.00am BST
Webcast URL: https://webcast.openbriefing.com/bse-mu-2023-uk/
Teleconference pre-registration URL: https://registrations.events/direct/OCP61023
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.
How and when do shares in GGP & AAU get distributed out interest
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
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